V stock · MA stock · Lician Pro · $19.99/mo or $149/yr
V vs MA · rev $40.00B vs P/E 34, rev $32.79B
Visa and Mastercard are global card networks, not banks. They route payments and collect a fee. The issuing bank keeps the credit risk. Visa is the larger of the two networks. Mastercard runs the same fee model on a smaller base. This page compares those cached fee businesses.
Read revenue and net income as network fees, not as loan books. Market cap and trailing P/E are how those fee streams are priced in cache.
Visa Inc. Class A (V) is a credit services company listed on US. It is led by Ryan M. McInerney.
Mastercard Inc (MA) is a credit services company listed on US. It is led by Michael Miebach.
Latest reported V revenue for 2025-09-30 was $40.00B. Net income was $20.06B. Revenue was up 11.3% from 2024-09-30 to 2025-09-30. V currently screens at market cap $659.78B.
Latest reported MA revenue for 2025-12-31 was $32.79B. Net income was $14.97B. Revenue was up 16.4% from 2024-12-31 to 2025-12-31. MA currently screens at market cap $515.12B and trailing P/E 33.9.
V currently screens at market cap $659.78B. MA currently screens at market cap $515.12B and trailing P/E 33.9.
Not investment advice. Open the V and MA stock pages for the full models.
Visa's card-network fee stream is valued in cache at market cap $659.78B. Mastercard's card-network fee stream is valued in cache at market cap $515.12B. Mastercard's trailing P/E on this network comparison is 33.9. Latest reported V revenue for 2025-09-30 was $40.00B. Visa's cached net income, a fee result rather than a loan book, is $20.06B. Visa fee-revenue change in cache: Revenue was up 11.3% from 2024-09-30 to 2025-09-30. Latest reported MA revenue for 2025-12-31 was $32.79B. Mastercard's cached net income, a fee result rather than a loan book, is $14.97B. Mastercard fee-revenue change in cache: Revenue was up 16.4% from 2024-12-31 to 2025-12-31.
Basic comparison
Price, market cap, and trailing P/E stay on this page.
| Metric | V | MA |
|---|---|---|
| Price | $399.91 | $616.63 |
| Market cap | $659.78B | $515.12B |
| Trailing P/E | — | 33.9 |
Deeper peer metrics
Net income and multi-year revenue growth are the peek. More peer metrics open below. This block stops at the labels.
| Metric | V | MA |
|---|---|---|
| Net income | Pro | Pro |
| Revenue growth | Pro | Pro |
More peer metrics
Operating margin, EPS, free cash flow, and gross margin are on Pro.
V vs MA comparison FAQ
Do Visa and Mastercard lend money?
Visa and Mastercard are global card networks, not banks. They route payments and collect a fee. The issuing bank keeps the credit risk. Visa is the larger of the two networks. Mastercard runs the same fee model on a smaller base. This page compares those cached fee businesses.
How should Visa and Mastercard revenue be read?
Read revenue and net income as network fees, not as loan books. Market cap and trailing P/E are how those fee streams are priced in cache.
What cached Visa and Mastercard fee figures does this page print?
Visa's card-network fee stream is valued in cache at market cap $659.78B. Mastercard's card-network fee stream is valued in cache at market cap $515.12B. Mastercard's trailing P/E on this network comparison is 33.9. Latest reported V revenue for 2025-09-30 was $40.00B. Visa's cached net income, a fee result rather than a loan book, is $20.06B. Visa fee-revenue change in cache: Revenue was up 11.3% from 2024-09-30 to 2025-09-30. Latest reported MA revenue for 2025-12-31 was $32.79B. Mastercard's cached net income, a fee result rather than a loan book, is $14.97B. Mastercard fee-revenue change in cache: Revenue was up 16.4% from 2024-12-31 to 2025-12-31.
Where is the Visa versus Mastercard comparison published?
The Visa versus Mastercard comparison is published at https://lician.com/compare/v-vs-ma.
Not investment advice.