MA
Mastercard Incorporated
Stock
$568.26+0.61 (+0.11%)Close Sep 28, 2026
Cash flow statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $17.4B | $17.6B | $14.8B | $12.0B | $11.2B | $9.5B | $7.2B | $8.2B | $6.2B | $5.7B | $4.6B | $4.1B | $3.4B | $4.1B | $2.9B | $2.7B | $1.7B | $1.4B | $413M | $770M |
| Capital expenditures | $735M | $489M | $474M | $371M | $442M | $407M | $339M | $422M | $330M | $300M | $215M | $177M | $175M | $155M | $96M | $77M | $61M | $57M | $76M | $82M |
| Free cash flow | $16.7B | $17.2B | $14.3B | $11.6B | $10.8B | $9.1B | $6.9B | $7.8B | $5.9B | $5.4B | $4.4B | $3.9B | $3.2B | $4.0B | $2.9B | $2.6B | $1.6B | $1.3B | $337M | $688M |
| Stock-based compensation | $615M | $597M | $526M | $460M | $295M | $273M | $254M | $250M | $196M | $176M | $149M | $122M | −$15M | $63M | $0 | $35M | $63M | $88M | $61M | $58M |
| Buybacks | $15.8B | $11.7B | $11.0B | $9.0B | $8.8B | $5.9B | $4.5B | $6.5B | $4.9B | $3.8B | $3.5B | $3.5B | $3.4B | $2.4B | $1.7B | $1.1B | $0 | $0 | $649M | $601M |
| Dividends paid | $2.9B | $2.8B | $2.4B | $2.2B | $1.9B | $1.7B | $1.6B | $1.3B | $1.0B | $942M | $837M | $727M | $515M | $255M | $132M | $77M | $79M | $79M | $79M | $74M |
| Dividends per share | $3.37 | $3.15 | $2.74 | $2.37 | $2.04 | — | — | $1.39 | $1.08 | $0.91 | $0.79 | $0.67 | $0.49 | $0.29 | $0.12 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 |
| Free cash flow margin | 47.6% | 52.3% | 50.8% | 46.3% | 48.4% | 48.0% | 45.0% | 46.0% | 39.4% | 42.9% | 41.0% | 40.6% | 34.1% | 47.7% | 38.6% | 38.8% | 29.5% | 25.9% | 6.8% | 16.9% |