Company / Free Cash Flow
Mastercard Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$17.2B
FY2025
5-year range
$6.9B / $17.2B
FY2021-FY2025
Trend
+19.9%
vs FY2024
Sector context
#5 of 302
Financials
What the data says
Among 302 Financials companies, Mastercard is in the top 2% for free cash flow. Free Cash Flow has increased for 3 consecutive years, from $6.9B in FY2022 to $17.2B in FY2025.
Based on SEC 10-K filings.
$17.2B in FY2025 with a 5-year CAGR of +23.8%. Top quartile in the Financials sector.
Improved from $9.1B to $17.2B over the past 2 years.
Financials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +35.6%
- 5-Year CAGR
- +23.8%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in FinancialsTop 2% of 302This company $17.2B Sector average $646.4M
▼
+2554.4% above sector average
Key checks
Key Insights
- Mastercard's free cash flow has grown for 3 consecutive years.
- 5-year CAGR of +23.8%, indicating consistent growth.
- In FY2025, free cash flow increased 19.9% year-over-year.
- Ranks #5 out of 302 companies in the Financials sector.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 3.10 (safe zone, above 2.9 threshold)
- Strong profit margin: 45.3%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 180.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $17.2B | +19.9% |
| FY2024 | $14.3B | +58.0% |
| FY2023 | $9.1B | +31.5% |
| FY2022 | $6.9B | -11.3% |
| FY2021 | $7.8B | +31.7% |
| FY2020 | $5.9B | +9.9% |
| FY2019 | $5.4B | -9.0% |
| FY2018 | $5.9B | +9.9% |
| FY2017 | $5.4B | +25.7% |
| FY2016 | $4.3B | +8.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026