Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Mastercard Inc., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Mastercard Inc. operating profit margin ratio improved from Q3 2022 to Q4 2022 but then deteriorated significantly from Q4 2022 to Q1 2023. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Mastercard Inc. net profit margin ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Mastercard Inc. ROE improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Mastercard Inc. ROA deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Operating Profit Margin
Mastercard Inc., operating profit margin calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Operating income | 3,136) | 3,184) | 3,112) | 3,018) | 2,950) | 2,827) | 2,717) | 2,341) | 2,197) | 2,058) | 2,105) | 1,707) | 2,211) | 2,399) | 2,655) | 2,397) | 2,213) | 1,234) | 2,287) | 1,936) | 1,825) | |||||||
| Net revenue | 5,748) | 5,817) | 5,756) | 5,497) | 5,167) | 5,216) | 4,985) | 4,528) | 4,155) | 4,120) | 3,837) | 3,335) | 4,009) | 4,414) | 4,467) | 4,113) | 3,889) | 3,807) | 3,898) | 3,665) | 3,580) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| Operating profit margin1 | 54.56% | 55.15% | 55.03% | 55.17% | 54.46% | 53.39% | 52.36% | 52.29% | 52.22% | 52.81% | 54.00% | 55.30% | 56.83% | 57.24% | 52.22% | 51.77% | 50.27% | 48.71% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 15.27% | 15.21% | 15.20% | 15.12% | 15.19% | 15.08% | 15.03% | 14.89% | 14.84% | 14.69% | 14.68% | 14.66% | 14.65% | 14.59% | — | — | — | — | — | — | — | |||||||
| Adobe Inc. | 33.91% | 34.64% | 35.45% | 36.25% | 36.72% | 36.76% | 36.53% | 35.75% | 34.75% | 32.93% | 32.10% | 31.36% | 30.10% | 29.25% | — | — | — | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 29.26% | 30.15% | 30.81% | 30.20% | 28.35% | 26.07% | 25.83% | 25.72% | 25.35% | 24.06% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | -8.25% | -9.82% | -10.49% | -10.43% | -10.14% | -10.58% | -14.16% | -18.68% | -25.36% | -30.34% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 13.49% | 13.50% | 12.92% | 12.77% | 12.30% | 11.97% | 9.12% | 10.13% | 10.39% | 9.22% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Intuit Inc. | 18.41% | 20.20% | 23.68% | 22.49% | 24.10% | 25.95% | 29.04% | 26.95% | 30.30% | 28.34% | 22.46% | 26.81% | 27.03% | 27.33% | — | — | — | — | — | — | — | |||||||
| Microsoft Corp. | 41.69% | 42.06% | 42.56% | 42.52% | 42.14% | 41.59% | 40.15% | 39.24% | 38.17% | 37.03% | 37.46% | 36.74% | 35.20% | 34.14% | — | — | — | — | — | — | — | |||||||
| Oracle Corp. | 22.92% | 25.74% | 26.22% | 26.62% | 37.78% | 37.58% | 37.74% | 37.13% | 36.29% | 35.57% | 34.82% | 34.65% | 34.49% | 34.26% | — | — | — | — | — | — | — | |||||||
| Palantir Technologies Inc. | -5.93% | -8.46% | -11.05% | -13.30% | -20.43% | -26.66% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Palo Alto Networks Inc. | -1.56% | -3.43% | -5.12% | -6.74% | -7.51% | -7.15% | -6.56% | -5.49% | -4.79% | -5.25% | -5.24% | -4.27% | -2.45% | -1.87% | — | — | — | — | — | — | — | |||||||
| Salesforce Inc. | 0.77% | 2.07% | 3.67% | 4.69% | 4.25% | 2.14% | 1.11% | 0.35% | -0.29% | 1.74% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ServiceNow Inc. | 5.41% | 4.90% | 3.40% | 3.30% | 3.95% | 4.36% | 4.34% | 4.55% | 5.10% | 4.40% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Synopsys Inc. | 20.70% | 22.87% | 22.93% | 23.18% | 20.72% | 17.48% | 18.17% | 18.81% | 17.82% | 16.83% | 15.77% | 13.85% | 13.64% | 15.48% | — | — | — | — | — | — | — | |||||||
| Workday Inc. | -2.80% | -2.27% | -1.81% | -2.71% | -3.18% | -5.76% | -7.72% | -10.45% | -13.70% | -13.85% | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Operating profit margin = 100
× (Operating incomeQ1 2023
+ Operating incomeQ4 2022
+ Operating incomeQ3 2022
+ Operating incomeQ2 2022)
÷ (Net revenueQ1 2023
+ Net revenueQ4 2022
+ Net revenueQ3 2022
+ Net revenueQ2 2022)
= 100 × (3,136 + 3,184 + 3,112 + 3,018)
÷ (5,748 + 5,817 + 5,756 + 5,497)
= 54.56%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Mastercard Inc. operating profit margin ratio improved from Q3 2022 to Q4 2022 but then deteriorated significantly from Q4 2022 to Q1 2023. |
Net Profit Margin
Mastercard Inc., net profit margin calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Net income | 2,361) | 2,525) | 2,499) | 2,275) | 2,631) | 2,379) | 2,414) | 2,066) | 1,828) | 1,785) | 1,513) | 1,420) | 1,693) | 2,100) | 2,108) | 2,048) | 1,862) | 899) | 1,899) | 1,569) | 1,492) | |||||||
| Net revenue | 5,748) | 5,817) | 5,756) | 5,497) | 5,167) | 5,216) | 4,985) | 4,528) | 4,155) | 4,120) | 3,837) | 3,335) | 4,009) | 4,414) | 4,467) | 4,113) | 3,889) | 3,807) | 3,898) | 3,665) | 3,580) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| Net profit margin1 | 42.33% | 44.66% | 45.22% | 46.48% | 47.70% | 46.00% | 45.50% | 43.22% | 42.38% | 41.90% | 43.13% | 45.12% | 46.75% | 48.08% | 42.50% | 42.71% | 40.82% | 39.19% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 11.30% | 11.17% | 11.12% | 11.27% | 11.53% | 11.69% | 12.05% | 11.95% | 11.74% | 11.52% | 11.11% | 11.13% | 11.06% | 11.06% | — | — | — | — | — | — | — | |||||||
| Adobe Inc. | 26.32% | 27.01% | 28.00% | 29.29% | 29.90% | 30.55% | 38.67% | 38.79% | 40.68% | 40.88% | 31.05% | 30.71% | 27.72% | 26.42% | — | — | — | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 23.23% | 23.84% | 22.86% | 23.61% | 23.59% | 23.29% | 23.30% | 23.47% | 23.34% | 22.02% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | -11.08% | -16.18% | -16.48% | -16.34% | -15.86% | -10.59% | -13.40% | -17.27% | -23.97% | -29.45% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 3.03% | 2.71% | 2.08% | 9.36% | 9.46% | 10.01% | 7.81% | 8.16% | 7.76% | 7.59% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Intuit Inc. | 14.10% | 16.23% | 19.44% | 19.03% | 20.28% | 21.41% | 23.93% | 22.64% | 25.10% | 23.78% | 19.50% | 22.88% | 22.79% | 22.95% | — | — | — | — | — | — | — | |||||||
| Microsoft Corp. | 34.37% | 36.69% | 37.63% | 38.50% | 38.51% | 36.45% | 35.02% | 33.47% | 32.29% | 30.96% | 33.36% | 33.02% | 31.66% | 31.18% | — | — | — | — | — | — | — | |||||||
| Oracle Corp. | 13.15% | 15.83% | 18.08% | 24.79% | 34.16% | 33.96% | 32.32% | 26.34% | 26.13% | 25.94% | 27.06% | 27.62% | 27.71% | 28.05% | — | — | — | — | — | — | — | |||||||
| Palantir Technologies Inc. | -12.87% | -19.61% | -30.64% | -30.90% | -30.25% | -33.75% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Palo Alto Networks Inc. | -2.46% | -4.85% | -7.54% | -9.50% | -11.20% | -11.72% | -11.00% | -9.73% | -8.36% | -7.83% | -7.01% | -5.58% | -3.42% | -2.82% | — | — | — | — | — | — | — | |||||||
| Salesforce Inc. | 3.59% | 5.45% | 6.96% | 9.99% | 19.87% | 19.16% | 17.53% | 12.21% | -0.92% | 0.74% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ServiceNow Inc. | 5.25% | 4.49% | 2.90% | 2.79% | 3.56% | 3.90% | 3.99% | 3.30% | 3.15% | 2.62% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Synopsys Inc. | 18.22% | 19.38% | 20.86% | 21.19% | 20.18% | 18.02% | 18.48% | 20.27% | 18.91% | 18.03% | 17.88% | 13.96% | 14.31% | 15.84% | — | — | — | — | — | — | — | |||||||
| Workday Inc. | -0.49% | 0.57% | 0.63% | -0.79% | -3.81% | -6.54% | -8.14% | -10.77% | -13.68% | -13.25% | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Net profit margin = 100
× (Net incomeQ1 2023
+ Net incomeQ4 2022
+ Net incomeQ3 2022
+ Net incomeQ2 2022)
÷ (Net revenueQ1 2023
+ Net revenueQ4 2022
+ Net revenueQ3 2022
+ Net revenueQ2 2022)
= 100 × (2,361 + 2,525 + 2,499 + 2,275)
÷ (5,748 + 5,817 + 5,756 + 5,497)
= 42.33%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Mastercard Inc. net profit margin ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Return on Equity (ROE)
Mastercard Inc., ROE calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Net income | 2,361) | 2,525) | 2,499) | 2,275) | 2,631) | 2,379) | 2,414) | 2,066) | 1,828) | 1,785) | 1,513) | 1,420) | 1,693) | 2,100) | 2,108) | 2,048) | 1,862) | 899) | 1,899) | 1,569) | 1,492) | |||||||
| Total Mastercard Incorporated stockholders’ equity | 5,330) | 6,298) | 6,361) | 6,171) | 7,034) | 7,312) | 6,703) | 6,442) | 6,327) | 6,391) | 5,796) | 6,470) | 5,398) | 5,893) | 4,949) | 5,008) | 5,168) | 5,395) | 5,775) | 5,257) | 5,703) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| ROE1 | 181.24% | 157.67% | 153.81% | 157.17% | 134.92% | 118.80% | 120.74% | 111.64% | 103.46% | 100.31% | 116.05% | 113.15% | 147.26% | 137.76% | 139.77% | 133.95% | 120.53% | 108.60% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| ROE, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 30.69% | 31.11% | 30.99% | 31.09% | 30.45% | 30.25% | 29.87% | 29.81% | 29.33% | 30.05% | 30.91% | 32.13% | 32.05% | 33.17% | — | — | — | — | — | — | — | |||||||
| Adobe Inc. | 33.35% | 33.85% | 33.49% | 34.96% | 35.04% | 32.59% | 40.51% | 40.30% | 41.09% | 39.66% | 32.97% | 34.00% | 30.89% | 28.03% | — | — | — | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 29.09% | 30.93% | 28.99% | 29.53% | 26.96% | 25.39% | 26.34% | 26.96% | 25.72% | 23.69% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | -16.44% | -22.89% | -22.34% | -20.56% | -18.66% | -10.64% | -12.54% | -14.29% | -17.95% | -19.10% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 8.48% | 7.47% | 6.29% | 28.79% | 28.98% | 30.38% | 21.44% | 24.31% | 25.11% | 27.14% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Intuit Inc. | 11.69% | 12.57% | 14.75% | 13.93% | 21.49% | 20.89% | 21.37% | 19.70% | 37.50% | 35.76% | 28.21% | 43.76% | 43.49% | 41.53% | — | — | — | — | — | — | — | |||||||
| Microsoft Corp. | 40.21% | 43.68% | 44.47% | 44.49% | 44.67% | 43.15% | 41.65% | 39.40% | 38.49% | 37.43% | 40.41% | 40.25% | 38.75% | 38.35% | — | — | — | — | — | — | — | |||||||
| Oracle Corp. | — | — | — | — | — | 262.43% | 144.16% | 131.11% | 107.99% | 83.94% | 75.58% | 70.25% | 59.43% | 50.87% | — | — | — | — | — | — | — | |||||||
| Palantir Technologies Inc. | -9.38% | -14.57% | -23.50% | -22.95% | -21.07% | -22.71% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Palo Alto Networks Inc. | -28.23% | -127.14% | -115.40% | -391.77% | -98.34% | -78.63% | -43.97% | -35.50% | -40.11% | -24.23% | -30.74% | -10.84% | -6.81% | -5.16% | — | — | — | — | — | — | — | |||||||
| Salesforce Inc. | 1.70% | 2.48% | 3.05% | 4.24% | 10.44% | 9.81% | 8.82% | 6.16% | -0.48% | 0.37% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ServiceNow Inc. | 7.14% | 6.46% | 4.44% | 4.39% | 5.58% | 6.22% | 6.24% | 5.21% | 5.01% | 4.18% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Synopsys Inc. | 16.72% | 17.85% | 18.42% | 18.13% | 16.87% | 14.31% | 14.63% | 15.88% | 14.80% | 13.54% | 13.66% | 11.10% | 11.64% | 13.04% | — | — | — | — | — | — | — | |||||||
| Workday Inc. | -0.55% | 0.65% | 0.73% | -0.95% | -5.01% | -8.62% | -11.00% | -15.15% | -20.09% | -19.33% | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
ROE = 100
× (Net incomeQ1 2023
+ Net incomeQ4 2022
+ Net incomeQ3 2022
+ Net incomeQ2 2022)
÷ Total Mastercard Incorporated stockholders’ equity
= 100 × (2,361 + 2,525 + 2,499 + 2,275)
÷ 5,330 = 181.24%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Mastercard Inc. ROE improved from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Return on Assets (ROA)
Mastercard Inc., ROA calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Net income | 2,361) | 2,525) | 2,499) | 2,275) | 2,631) | 2,379) | 2,414) | 2,066) | 1,828) | 1,785) | 1,513) | 1,420) | 1,693) | 2,100) | 2,108) | 2,048) | 1,862) | 899) | 1,899) | 1,569) | 1,492) | |||||||
| Total assets | 38,936) | 38,724) | 37,612) | 36,231) | 37,163) | 37,669) | 35,410) | 34,911) | 34,800) | 33,584) | 31,594) | 32,127) | 30,648) | 29,236) | 25,981) | 24,731) | 23,520) | 24,860) | 23,340) | 22,471) | 22,944) | |||||||
| Profitability Ratio | ||||||||||||||||||||||||||||
| ROA1 | 24.81% | 25.64% | 26.01% | 26.77% | 25.54% | 23.06% | 22.86% | 20.60% | 18.81% | 19.09% | 21.29% | 22.79% | 25.94% | 27.77% | 26.62% | 27.12% | 26.48% | 23.57% | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| ROA, Competitors2 | ||||||||||||||||||||||||||||
| Accenture PLC | 14.97% | 14.55% | 14.38% | 14.42% | 14.19% | 13.68% | 13.72% | 13.65% | 13.72% | 13.78% | 14.12% | 14.84% | 14.66% | 16.04% | — | — | — | — | — | — | — | |||||||
| Adobe Inc. | 17.76% | 17.51% | 18.00% | 18.57% | 18.58% | 17.70% | 22.33% | 21.82% | 22.28% | 21.66% | 17.23% | 17.13% | 15.24% | 14.22% | — | — | — | — | — | — | — | |||||||
| Cadence Design Systems Inc. | 16.54% | 16.53% | 15.80% | 17.77% | 16.93% | 15.87% | 16.45% | 16.46% | 16.35% | 14.95% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| CrowdStrike Holdings Inc. | -4.73% | -6.49% | -6.42% | -5.93% | -5.50% | -3.39% | -5.83% | -6.99% | -8.89% | -10.09% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| International Business Machines Corp. | 1.37% | 1.29% | 1.00% | 4.38% | 4.14% | 4.35% | 3.30% | 3.63% | 3.61% | 3.58% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Intuit Inc. | 6.93% | 7.45% | 8.77% | 8.26% | 14.07% | 13.29% | 13.50% | 11.97% | 20.26% | 16.70% | 17.22% | 24.34% | 25.55% | 24.78% | — | — | — | — | — | — | — | |||||||
| Microsoft Corp. | 19.40% | 19.94% | 21.03% | 20.91% | 20.24% | 18.36% | 18.13% | 16.87% | 15.78% | 14.70% | 16.21% | 15.67% | 14.73% | 13.69% | — | — | — | — | — | — | — | |||||||
| Oracle Corp. | 4.46% | 6.15% | 6.96% | 9.60% | 11.35% | 10.48% | 10.86% | 9.44% | 9.03% | 8.78% | 11.13% | 11.11% | 10.31% | 10.20% | — | — | — | — | — | — | — | |||||||
| Palantir Technologies Inc. | -6.94% | -10.80% | -16.90% | -16.42% | -15.01% | -16.02% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Palo Alto Networks Inc. | -1.14% | -2.18% | -3.51% | -4.44% | -4.89% | -4.87% | -4.59% | -3.88% | -3.43% | -2.95% | -3.52% | -2.43% | -1.51% | -1.24% | — | — | — | — | — | — | — | |||||||
| Salesforce Inc. | 1.08% | 1.52% | 1.99% | 2.65% | 6.85% | 6.14% | 6.01% | 4.10% | -0.31% | 0.23% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ServiceNow Inc. | 2.94% | 2.44% | 1.81% | 1.66% | 2.03% | 2.13% | 2.33% | 1.86% | 1.73% | 1.36% | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Synopsys Inc. | 9.85% | 10.45% | 11.07% | 10.95% | 10.21% | 8.66% | 8.88% | 9.69% | 9.02% | 8.27% | 8.19% | 6.48% | 6.70% | 8.31% | — | — | — | — | — | — | — | |||||||
| Workday Inc. | -0.21% | 0.28% | 0.33% | -0.40% | -1.98% | -3.24% | -4.32% | -5.73% | -7.23% | -7.05% | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
ROA = 100
× (Net incomeQ1 2023
+ Net incomeQ4 2022
+ Net incomeQ3 2022
+ Net incomeQ2 2022)
÷ Total assets
= 100 × (2,361 + 2,525 + 2,499 + 2,275)
÷ 38,936 = 24.81%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Mastercard Inc. ROA deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |