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Mastercard (XTER:M4I) Tax Rate % : 15.60% (As of Sep. 2024)


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What is Mastercard Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mastercard's Tax Expense for the three months ended in Sep. 2024 was €543 Mil. Mastercard's Pre-Tax Income for the three months ended in Sep. 2024 was €3,483 Mil. Therefore, Mastercard's Tax Rate % for the quarter that ended in Sep. 2024 was 15.60%.

Mastercard Tax Rate % Historical Data

The historical data trend for Mastercard's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mastercard Tax Rate % Chart

Mastercard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.58 17.38 15.72 15.36 17.92

Mastercard Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.97 15.96 15.37 17.29 15.60

Mastercard Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mastercard's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=2241.148/12506.963
=17.92 %

Mastercard's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=543.303/3483.266
=15.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mastercard Tax Rate % Related Terms

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Mastercard Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mastercard Inc (XTER:M4I) » Definitions » Tax Rate %
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V AXP PYPL COF DFS SYF SOFI ALLY UPST OMF BOM:500034 IST:QNBFL BOM:543257 BOM:532810 BOM:532955 NSE:SHRIRAMFIN NSE:CHOLAFIN TSE:8593 BOM:533398 BOM:543066
Traded in Other Exchanges
MA:USA MA:Peru MA:Mexico 1MA:Italy M4Id:UK M4I:Germany M4I:Germany M4I:Germany MACL:Chile MA:Canada MSCD34:Brazil MAST:Austria
Address
2000 Purchase Street, Purchase, NY, USA, 10577
Website
https://www.mastercard.com
Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

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