Company / Working Capital
Mastercard Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$796.0M
FY2025
5-year range
$504.0M / $3.8B
FY2021-FY2025
Trend
+57.9%
vs FY2024
Sector context
#28 of 76
Financials
What the data says
At $796M, Mastercard's working capital ranks #28 of 76 in the Financials sector. Working Capital has fluctuated over the past 10 years, ranging from $504M in FY2024 to $7.3B in FY2020.
Based on SEC 10-K filings.
$796M in FY2025 with a 5-year CAGR of -35.7%.
Declined from $2.7B to $796M over the past 2 years.
Financials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -31.1%
- 5-Year CAGR
- -35.7%
- 10-Year CAGR
- -
Sector benchmark
#28 of 76 in FinancialsTop 37% of 76This company $796.0M Sector average $1.3B
▼
-38.6% below sector average
Key checks
Key Insights
- 5-year CAGR of -35.7%, indicating a declining trend.
- In FY2025, working capital increased 57.9% year-over-year.
- Ranks #28 out of 76 companies in the Financials sector.
- Peak working capital was recorded in FY2020.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $796.0M | +57.9% |
| FY2024 | $504.0M | -81.3% |
| FY2023 | $2.7B | +10.8% |
| FY2022 | $2.4B | -35.7% |
| FY2021 | $3.8B | -47.9% |
| FY2020 | $7.3B | +45.4% |
| FY2019 | $5.0B | +9.2% |
| FY2018 | $4.6B | -8.5% |
| FY2017 | $5.0B | -16.9% |
| FY2016 | $6.0B | +27.7% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026