Mastercard Inc Free Cash Flow Generation Index

Latest as of March 2026: 0.95x

Mastercard Inc free cash flow generation index. Mastercard Inc (MA) has a Free Cash Flow Generation Index of 0.95x as of March 2026. Free cash flow of $2.85 Billion represents 1% of operating cash flow ($3.00 Billion).

FCF Generation Index

0.95x
Free Cash Flow / Operating CF

Free Cash Flow

$2.85 Billion
USD

Operating Cash Flow

$3.00 Billion
USD

Capital Expenditures

$154.00 Million
USD

Free Cash Flow Generation Index of Mastercard Inc (2001–2025)

Free cash flow generation index of Mastercard Inc from 2001 to 2025. Historical FCF Generation Index trend for Mastercard Inc across 25 annual periods. See MA FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Mastercard Inc Free Cash Flow Generation Index by Year (2001–2025)

Mastercard Inc free cash flow generation index by year from 2001 to 2025. Year-by-year Free Cash Flow Generation Index for Mastercard Inc. For the full cash flow conversion analysis, see MA cash flow conversion.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.97x $16.91 Billion $17.40 Billion $489.00 Million ▲ +0.4%
2024 0.97x $14.31 Billion $14.78 Billion $474.00 Million ▼ -0.1%
2023 0.97x $11.61 Billion $11.98 Billion $371.00 Million ▲ +7.4%
2022 0.90x $10.10 Billion $11.20 Billion $1.10 Billion ▼ -1.3%
2021 0.91x $8.65 Billion $9.46 Billion $814.00 Million ▲ +1.3%
2020 0.90x $6.52 Billion $7.22 Billion $708.00 Million ▼ -1.0%
2019 0.91x $7.46 Billion $8.18 Billion $728.00 Million ▼ -0.9%
2018 0.92x $5.72 Billion $6.22 Billion $504.00 Million ▼ -0.5%
2017 0.92x $5.13 Billion $5.55 Billion $423.00 Million ▲ +1.0%
2016 0.91x $4.10 Billion $4.48 Billion $382.00 Million ▼ -0.1%
2015 0.92x $3.70 Billion $4.04 Billion $342.00 Million ▲ +1.5%
2014 0.90x $3.07 Billion $3.41 Billion $334.00 Million ▼ -2.8%
2013 0.93x $3.84 Billion $4.13 Billion $299.00 Million ▲ +0.2%
2012 0.93x $2.73 Billion $2.95 Billion $218.00 Million ▼ -0.9%
2011 0.93x $2.51 Billion $2.68 Billion $177.00 Million ▲ +2.5%
2010 0.91x $1.55 Billion $1.70 Billion $151.00 Million ▲ +1.4%
2009 0.90x $1.24 Billion $1.38 Billion $139.36 Million ▲ +52.9%
2008 0.59x $242.96 Million $413.23 Million $170.27 Million ▼ -26.2%
2007 0.80x $613.44 Million $769.86 Million $156.42 Million ▼ -6.8%
2006 0.85x $555.69 Million $650.16 Million $94.47 Million ▲ +22.2%
2005 0.70x $190.84 Million $272.85 Million $82.00 Million ▼ -9.5%
2004 0.77x $265.64 Million $343.80 Million $78.16 Million ▲ +213.3%
2003 0.25x $46.98 Million $190.44 Million $143.47 Million ▼ -63.1%
2002 0.67x $204.41 Million $305.77 Million $101.36 Million ▲ +47.7%
2001 0.45x $88.93 Million $196.50 Million $107.56 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).