[OC] How Visa + Mastercard made their latest Billions

Posted by sankeyart

12 comments
  1. Always surprising to see that MasterCard is close to Visa in terms of revenue.

  2. That operating margin… Other companies would kill to have that kind of ratio.

  3. Profit $5.4B and tax $0.9B

    That’s a 17% tax rate

    FUCK MY ASS

  4. Crazy how little these behemoth companies tax compared to their revenue.

  5. I can’t wait for all the non accountants to weigh in with their expert opinions!

  6. Mastercard paying out 50% more rebates and incentives on 25% less revenue leads me to believe that I should be gettinga Mastercard instead of a Visa.

  7. Great business models but fairly evil businesses. Wish we weren’t headed to an all digital currency model

  8. If „incentives“ and net profit are twice as high as the operating cost … that’s some duopoly shit right there.  

  9. Every time earnings are released and posted here, it reminds me of how financially illiterate people are.

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