The Payments Corner
Decoding the Payments StackDecoding the Payments Stack
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Card Networks
The Tollbooths.
3 names in the Card Networks slice of the payments universe. Bar chart below ranks every company against the sector median; the ranking table carries the full per-name detail.
Card NetworksIssuing Banks & LendersProcessing & InfrastructureConsumer & Merchant PlatformsCross-Border PaymentsCrypto & Alternative Rails
Prices as of 2026-06-18· LTM through 2026-03-31
Names
3
Aggregate market cap
$1.29T
Median rev growth YoY
+15.8%
Median gross margin
—
Median P/Sales
12.75×
Sector benchmark
Market cap · 3 of 3 names · median $432.77B
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| Company | Ticker | Sector | Price | Market Cap | Rev Growth YoY | Gross Margin | P/Sales | YTD % |
|---|---|---|---|---|---|---|---|---|
| Visa | V | Card Networks | $327.24 | $622.33B | +17.1% | — | 14.46× | -5.55% |
| Mastercard | MA | Card Networks | $489.79 | $432.77B | +15.8% | — | 12.75× | -13.02% |
| American Express | AXP | Card Networks | $338.00 | $230.63B | +9.3% | — | 5.47× | -9.32% |
Sector slice membership comes from the curated payments universe taxonomy (six categories, editor-maintained). LTM aggregates sum the four most recent reported quarters per SEC EDGAR XBRL filings; rows missing any quarter drop from the benchmark chart for the affected metric. Median reference line uses every company with non-null coverage on the selected metric. Editorial only; not investment advice.