Visa Inc. (V)
Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a platform which facilitates money movement, enabling clients to collect, hold, convert, and send funds across its network; and issuing solutions, such as airport lounge access, dining reservations, shopping experiences, event tickets, and seller offers. In addition, the company provides acceptance solutions, an omnichannel payment integration with e-commerce platforms; risk detection and prevention solutions; and advisory and other services comprising consulting practice, proprietary analytics models, data scientists and economists, marketing services, and managed services. It provides its services under the Visa, Visa Electron, V PAY, Interlink, and PLUS brands. The company serves consumers, sellers, financial institutions, and government entities. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.
- Symbol
- V
- Exchange
- NYSE
- Sector
- Financial Services
- Industry
- Credit Services
- Market cap
- $679.19B
- 52 week range
- 293.89 - 385.57
Valuation
- Share price
- $360.05 (close of 2026-10-01)
- P/E (TTM)
- 31.16x
- Price to book
- 19.05x
- Price to free cash flow
- 32.06x
- Enterprise value
- $690.77B
- Book value per share
- $18.83
Price performance
| Period | Change |
|---|---|
| 1 day | +0.20% |
| 5 days | -2.16% |
| 1 month | -3.39% |
| 3 months | +2.55% |
| 6 months | +20.62% |
| Year to date | +2.66% |
| 1 year | +3.51% |
| 3 years | +56.53% |
| 5 years | +56.22% |
| 10 years | +335.38% |
| All time | +2448.13% |
Members of Congress who disclosed V trades
Josh Gottheimer · David Taylor · Lisa McClain · Bruce Westerman · Byron Donalds · Jefferson Shreve · Julia Letlow · Katie Boyd Britt · Marjorie Taylor Greene · Richard McCormick · Robert Bresnahan · Scott Franklin
Super investors holding V
Chris Hohn (TCI Fund Management Ltd) · Andreas Halvorsen (Viking Global Investors) · John Armitage (Egerton Capital (UK) LLP) · Bill Ackman (Pershing Square Capital Mgmt) · Terry Smith (Fundsmith LLP) · Polen Capital Mgmt (Polen Capital Management LLC) · Chuck Akre (Akre Capital Management) · AKO Capital (AKO Capital LLP) · Mairs & Power (Mairs & Power Inc) · AltaRock Partners (AltaRock Partners LP) · Chase Coleman (Tiger Global Management) · Lee Ainslie (Maverick Capital LTD)
Profitability and growth
- Return on equity
- 52.91%
- Return on invested capital
- 43.25%
- Return on assets
- 20.13%
- Return on capital employed
- 37.15%
- Gross margin
- 69.01%
- Net margin
- 50.14%
- EBITDA margin
- 63.03%
- Revenue growth
- 11.34%
- Net income growth
- 1.60%
- Free cash flow growth
- 15.43%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.12%
- Current ratio
- 1.09x
- Net debt to EBITDA
- 0.41x
Latest reported year
- Period end
- 2025-09-30
- Fiscal year
- 2025
- Revenue
- $40.00B
- Cost of revenue
- $12.40B
- Gross profit
- $27.60B
- EBITDA
- $25.21B
- Net income
- $20.06B
- Earnings per share
- $10.22
- Shares outstanding
- 1.96B
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-09-30 | $40.00B | $27.60B | $20.06B | $10.22 |
| 2024-09-30 | $35.93B | $26.75B | $19.74B | $9.74 |
| 2023-09-30 | $32.65B | $23.67B | $17.27B | $8.29 |
| 2022-09-30 | $29.31B | $21.34B | $14.96B | $7.01 |
| 2021-09-30 | $24.11B | $17.93B | $12.31B | $5.63 |
| 2020-09-30 | $21.85B | $16.15B | $10.87B | $4.90 |
| 2019-09-30 | $22.98B | $17.30B | $12.08B | $5.32 |
| 2018-09-30 | $20.61B | $15.09B | $10.30B | $4.43 |
| 2017-09-30 | $18.36B | $14.13B | $6.70B | $2.80 |
| 2016-09-30 | $15.08B | $9.55B | $5.99B | $2.49 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-09-30 | 69.01% | 50.14% | 52.91% | 43.25% |
| 2024-09-30 | 74.47% | 54.95% | 50.45% | 40.46% |
| 2023-09-30 | 72.49% | 52.90% | 44.60% | 40.17% |
| 2022-09-30 | 72.82% | 51.03% | 42.04% | 36.92% |
| 2021-09-30 | 74.36% | 51.07% | 32.75% | 28.26% |
| 2020-09-30 | 73.92% | 49.74% | 30.01% | 25.04% |
| 2019-09-30 | 75.30% | 52.57% | 34.83% | 27.99% |
| 2018-09-30 | 73.21% | 49.98% | 30.29% | 26.78% |
| 2017-09-30 | 76.95% | 36.49% | 20.45% | 18.93% |
| 2016-09-30 | 63.31% | 39.72% | 18.20% | 14.68% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-09-30 | $17.16B | $19.60B |
| 2024-09-30 | $11.97B | $20.84B |
| 2023-09-30 | $16.29B | $20.46B |
| 2022-09-30 | $15.69B | $20.20B |
| 2021-09-30 | $16.49B | $19.98B |
| 2020-09-30 | $16.29B | $21.07B |
| 2019-09-30 | $7.84B | $16.73B |
| 2018-09-30 | $11.61B | $16.63B |
| 2017-09-30 | $13.36B | $16.62B |
| 2016-09-30 | $8.87B | $15.88B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-09-30 | $21.58B | $897.00M |
| 2024-09-30 | $18.69B | $850.00M |
| 2023-09-30 | $19.70B | $765.00M |
| 2022-09-30 | $17.88B | $602.00M |
| 2021-09-30 | $14.52B | $542.00M |
| 2020-09-30 | $9.70B | $416.00M |
| 2019-09-30 | $12.03B | $407.00M |
| 2018-09-30 | $12.22B | $327.00M |
| 2017-09-30 | $8.61B | $235.00M |
| 2016-09-30 | $5.05B | $221.00M |
Dividend history
- Most recent payment
- 2026-08-11
- Paid in the last twelve months
- $2.68
| Payment date | Dividend per share |
|---|---|
| 2026-08-11 | $0.67 |
| 2026-05-12 | $0.67 |
| 2026-02-10 | $0.67 |
| 2025-11-12 | $0.67 |
| 2025-08-12 | $0.59 |
| 2025-05-13 | $0.59 |
| 2025-02-11 | $0.59 |
| 2024-11-12 | $0.59 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-27
- Consensus EPS estimate
- $3.43
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-07-28 | Jun/2026 | $3.23 |
| 2026-04-28 | - | - |
| 2026-01-29 | - | - |
| 2025-10-28 | - | - |
| 2025-07-29 | - | - |
| 2025-07-21 | - | - |
| 2025-04-29 | - | - |
| 2025-04-21 | - | - |
Filings and sources
- Company website
- visa.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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