Cardiolipin is an anionic lipid found in the mitochondrial membranes of eukaryotes ranging from unicellular microorganisms to metazoans. This unique lipid contributes to various mitochondrial functions, including metabolism, mitochondrial membrane fusion and/or fission dynamics, and apoptosis. However, differences in cardiolipin content between the two mitochondrial membranes, as well as dynamic fluctuations in cardiolipin content in response to stimuli and cellular signaling events, raise questions about how cardiolipin concentration affects mitochondrial membrane structure and dynamics. Although cardiolipin's structural and dynamic roles have been extensively studied in binary mixtures with other phospholipids, the biophysical properties of cardiolipin in higher number lipid mixtures are still not well resolved. Here, we used molecular dynamics simulations to investigate the cardiolipin-dependent properties of ternary lipid bilayer systems that mimic the major components of mitochondrial membranes. We found that changes to cardiolipin concentration only resulted in minor changes to bilayer structural features but that the lipid diffusion was significantly affected by those alterations. We also found that cardiolipin position along the bilayer surfaces correlated to negative curvature deflections, consistent with the induction of negative curvature stress in the membrane monolayers. This work contributes to a foundational understanding of the role of cardiolipin in altering the properties in ternary lipid mixtures composed of the major mitochondrial phospholipids, providing much-needed insights to help understand how cardiolipin concentration modulates the biophysical properties of mitochondrial membranes. SIGNIFICANCE Cardiolipin is an intrinsic component of the lipid milieu that makes up the membranes of eukaryotic mitochondria, and the distinctive lipid plays roles in both mitochondrial structure and function. Despite the many studies that establish that cardiolipin has unique properties in membranes, there are still questions about how much cardiolipin directly contributes to structural differences between the inner and outer mitochondrial membranes, as well as questions about how natural fluctuations in cardiolipin concentration alter the structure and dynamics of mitochondrial membranes. This study provides quantitative predictions for cardiolipin-dependent properties of lipid bilayer systems that mimic the major components of mitochondrial membranes. As such, it provides further insights into cardiolipin's role in modulating the biophysical properties of mitochondrial membranes.