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AI English summary of an SEC filing — figures as filed

Mastercard logoMastercard MA

The company said net revenue for Q4 2024 rose 14% to $7.5 billion, or 16% on a currency-neutral basis. Net income for the quarter was $3.3 billion, and diluted earnings per share (EPS) was $3.64.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net revenue for Q4 2024 rose 14% to $7.5 billion, or 16% on a currency-neutral basis. Net income for the quarter was $3.3 billion, and diluted earnings per share (EPS) was $3.64.

  2. Mastercard said full-year net revenue for 2024 rose 12% to $28.2 billion. It reported net income of $12.9 billion and diluted EPS of $13.89. Full-year operating income was $15.6 billion.

  3. The company said it recorded a litigation provision of $280 million in pre-tax expenses for Q4 2024. It attributed the charge to accruals related to the U.K. consumer class action settlement and settlements with certain U.K. merchants, and it excluded the charge from its adjusted measures.

  4. The company said it repurchased 23.0 million shares for $11.0 billion during 2024 and paid $2.4 billion in dividends. Quarter-to-date through January 27, it repurchased 1.2 million shares for $644 million, and $14.5 billion remains under the approved share repurchase programs.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 2024 Net Revenue $7.5 billion

The company said net revenue for Q4 2024 rose 14% to $7.5 billion, or 16% on a currency-neutral basis. Net income for the quarter was $3.3 billion, and diluted earnings per share (EPS) was $3.64.

Source · Based on the filing body and exhibits

Mastercard 2024 net revenue and net income

Mastercard said full-year net revenue for 2024 rose 12% to $28.2 billion. It reported net income of $12.9 billion and diluted EPS of $13.89. Full-year operating income was $15.6 billion.

Source · Based on the filing body and exhibits

Mastercard Q4 litigation provision $280 million

The company said it recorded a litigation provision of $280 million in pre-tax expenses for Q4 2024. It attributed the charge to accruals related to the U.K. consumer class action settlement and settlements with certain U.K. merchants, and it excluded the charge from its adjusted measures.

Source · Based on the filing body and exhibits

Mastercard 2024 share buybacks and dividends

The company said it repurchased 23.0 million shares for $11.0 billion during 2024 and paid $2.4 billion in dividends. Quarter-to-date through January 27, it repurchased 1.2 million shares for $644 million, and $14.5 billion remains under the approved share repurchase programs.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.