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Dec 31, 2023

Mastercard Q4 2023 Earnings Report

Mastercard reported strong earnings and revenue growth, driven by healthy consumer spending and strategic execution.

Key Takeaways

Mastercard's Q4 2023 results showed strong growth, with net revenue increasing by 13% to $6.5 billion and diluted EPS reaching $2.97. The company benefited from healthy consumer spending and cross-border volume growth.

Net revenue increased by 13%, or 11% on a currency-neutral basis.

Diluted EPS increased to $2.97, while adjusted diluted EPS reached $3.18.

Gross dollar volume grew by 10% on a local currency basis.

Cross-border volume increased by 18% on a local currency basis.

Total Revenue
$6.55B
Previous year: $5.82B
+12.6%
EPS
$3.18
Previous year: $2.65
+20.0%
GDV Growth (YOY)
10%
Previous year: 8%
+25.0%
Cross-border Vol. Growth (YOY)
18%
Previous year: 31%
-41.9%
Switched Trans. Growth (YOY)
12%
Previous year: 8%
+50.0%
Gross Profit
$5.02B
Previous year: $4.44B
+13.2%
Cash and Equivalents
$9.18B
Previous year: $7.01B
+31.0%
Free Cash Flow
$4.02B
Previous year: $2.97B
+35.2%
Total Assets
$42.4B
Previous year: $38.7B
+9.6%

Mastercard

Mastercard

Mastercard Revenue by Geographic Location

Forward Guidance

Mastercard did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income