Company / Goodwill
Mastercard Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$9.6B
FY2025
5-year range
$5.0B / $9.6B
FY2021-FY2025
Trend
+4.0%
vs FY2024
Sector context
#31 of 316
Financials
What the data says
Among 316 Financials companies, Mastercard is in the top 10% for goodwill. Goodwill has fluctuated over the past 10 years, ranging from $1.8B in FY2016 to $9.6B in FY2025.
Based on SEC 10-K filings.
$9.6B in FY2025 with a 5-year CAGR of +18.9%. Top quartile in the Financials sector.
Improved from $7.5B to $9.6B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +7.7%
- 5-Year CAGR
- +18.9%
- 10-Year CAGR
- -
Sector benchmark
Top 10% in FinancialsTop 10% of 316This company $9.6B Sector average $3.2B
▼
+194.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +18.9%, indicating consistent growth.
- In FY2025, goodwill increased 4.0% year-over-year.
- Ranks #31 out of 316 companies in the Financials sector.
- Lowest goodwill in the period was in FY2016.
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 | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $9.6B | +4.0% |
| FY2024 | $9.2B | +22.2% |
| FY2023 | $7.5B | -1.8% |
| FY2022 | $7.7B | +54.5% |
| FY2021 | $5.0B | +23.4% |
| FY2020 | $4.0B | +38.5% |
| FY2019 | $2.9B | +0.0% |
| FY2018 | $2.9B | -4.3% |
| FY2017 | $3.0B | +72.8% |
| FY2016 | $1.8B | -7.1% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026