Mastercard Incorporated MA NYSE

Mastercard Incorporated (MA) generated $17.4B in operating cash flow for fiscal year 2025. After capital expenditures of $489M, free cash flow was $16.91B.

Free cash flow margin was 51.6% of revenue. Cash conversion ratio was 1.16x, indicating earnings are backed by cash.

The company returned $2.76B in dividends and $11.73B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (90/100, Pass) — $16.91B (51.6% FCF margin) supports a durable competitive advantage
• INCOME (100/100) — Cash conversion ratio was 1.16x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 81/100 with 5/7 criteria passed.