NYSE$MA

Mastercard · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$6.55B

Previous: $5.82B+12.6%
EPS (adj)

$3.18

Previous: $2.65+20.0%
Gross Dollar Volume

10.0%

Previous: 8.0%+25.0%
Cross-Border Volume

18.0%

Previous: 31.0%-41.9%
Switched Transactions

12.0%

Previous: 8.0%+50.0%
Capital Expenditures

-$269M

Previous: $130M-306.9%
Net Income

$2.79B

Previous: $2.5B+11.6%
Operating Income

$3.37B

Previous: $3.2B+5.4%
Gross Profit

$5.02B

Previous: $4.44B+13.2%
Stock-Based Comp

$86M

Previous: $22M+290.9%

Revenue & EPS history

Mastercard · Revenue · Quarterly

$6.55B

Q4 2023+12.6%vs Q4 2022
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

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

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+0.8%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.8%

Avg return

30 days after

62%

45 / 73 earnings

Positive

+11.0%

Q4 2021

Best reaction

-7.5%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-5.4%-5.9%
Q4 2025+3.5%+5.6%-0.8%
Q3 2025-0.1%-0.3%-0.7%
Q2 2025+1.3%+1.2%+6.5%
Q1 2025-0.3%+2.0%+6.8%
Q4 2024+3.1%+1.9%+5.0%
Q3 2024-1.1%-1.6%+3.7%
Q2 2024+3.3%-1.2%+8.0%
Q1 2024-2.2%-0.4%-0.9%
Q4 2023+3.5%+2.6%+7.1%
Q3 2023-5.8%-2.6%+6.8%
Q2 2023-2.3%-1.3%+0.1%
Q1 2023+3.6%+2.5%+2.1%
Q4 2022-2.2%-3.1%-7.7%
Q3 2022+3.1%+4.3%+9.9%
Q2 2022+3.1%+1.7%-3.3%
Q1 2022+0.5%-1.0%-1.0%
Q4 2021+11.0%+13.8%+7.1%
Q3 2021-0.1%-2.2%-3.4%
Q2 2021+0.7%-4.1%-7.2%
Q1 2021-3.4%-5.0%-8.9%
Q4 2020+0.3%+6.0%+12.2%
Q3 2020-7.5%-8.6%+6.9%
Q2 2020-0.2%+1.6%+18.4%
Q1 2020+3.9%+1.8%+13.7%
Q4 2019+1.3%+1.3%-9.4%
Q3 2019+0.4%+1.1%+5.7%
Q2 2019-3.3%-4.3%-0.0%
Q1 2019+0.7%+0.3%+2.9%
Q4 2018+4.8%+5.8%+11.4%
Q3 2018+3.5%+3.5%+2.9%
Q2 2018-5.2%-7.5%-2.2%
Q1 2018+3.5%+4.9%+8.4%
Q4 2017+0.9%+0.2%+3.6%
Q3 2017-0.0%+0.2%+1.0%
Q2 2017-2.4%-1.1%+1.3%
Q1 2017+0.8%+1.0%+6.0%
Q4 2016-3.9%-2.5%+1.9%
Q3 2016+3.3%+0.4%+2.1%
Q2 2016+1.6%+1.6%+2.9%
Q1 2016-1.4%
Q4 2015+6.2%
Q3 2015-1.1%
Q2 2015+3.4%
Q1 2015-0.0%
Q4 2014+2.0%
Q3 2014+10.2%
Q2 2014-1.2%
Q1 2014+0.3%
Q4 2013-7.3%
Q3 2013+1.6%
Q2 2013+7.5%
Q1 2013-1.3%
Q4 2012+0.5%
Q3 2012+3.5%
Q2 2012-3.0%
Q1 2012-3.0%
Q2 2011+0.8%
Q4 2011+0.8%
Q3 2011+9.7%
Q1 2011+2.6%
Q4 2010+1.1%
Q3 2010+5.4%
Q2 2010+1.4%
Q1 2009-5.1%
Q1 2010+0.6%
Q2 2009-1.0%
Q4 2009-1.0%
Q4 2007-1.0%
Q3 2009+1.1%
Q3 2008+1.1%
Q2 2008+3.4%
Q4 2008+3.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro