Friday 6 November 2026
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Visa Inc.
Visa Inc.’s revenue for fiscal 2026 (year ended September 2026) was $45.9 billion, up 14.8% from fiscal 2025.
- Revenue
- +13.2%
- EPS
- +27.6%
- Free cash flow
- +17.9%
- Total debt
- −12.3%
Quarter to September 2026, against a year earlier
423.31
0.72
+0.17%
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| Sep '26 | Sep '25 | Sep '24 | Sep '23 | Sep '22 | Sep '21 | Sep '20 | Sep '19 | Sep '18 | Sep '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
7 | 5 | 7 | 8 | 7 | 7 | 4 | 7 | 7 | 6 |
P/E ratio |
27.78 | 33.44 | 28.23 | 27.86 | 25.38 | 39.56 | 40.89 | 32.33 | 34.04 | 37.39 |
P/S ratio |
14.05 | 15.77 | 14.04 | 13.27 | 11.55 | 17.98 | 17.88 | 14.96 | 14.99 | 12.08 |
P/FCF ratio |
29.24 | 29.24 | 26.98 | 21.99 | 18.94 | 29.85 | 40.25 | 28.59 | 25.28 | 25.73 |
P/Operating CF |
87.33 | 101.13 | 75.67 | 62.53 | 57.62 | 109.16 | 186.33 | 85.07 | 88.89 | 77.14 |
P/B ratio |
18.12 | 16.98 | 13.23 | 11.70 | 10.18 | 12.56 | 12.55 | 11.77 | 10.83 | 8.15 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
— | 15.85 | 14.11 | 13.23 | 11.64 | 18.05 | 18.02 | 15.19 | 15.24 | 12.30 |
EV/EBITDA |
— | 25.15 | 20.58 | 19.68 | 17.34 | 26.19 | 26.51 | 22.29 | 23.17 | 17.78 |
EV/Operating CF |
— | 27.50 | 25.41 | 20.81 | 18.10 | 28.57 | 37.71 | 27.30 | 24.28 | 24.23 |
EV/FCF |
— | 29.39 | 27.12 | 21.93 | 19.08 | 29.96 | 40.57 | 29.02 | 25.70 | 26.18 |
Quick Ratio |
0.65 | 0.84 | 0.95 | 1.14 | 1.15 | 1.47 | 1.64 | 1.33 | 1.41 | 1.70 |
Current Ratio |
0.97 | 1.08 | 1.28 | 1.45 | 1.45 | 1.75 | 1.91 | 1.56 | 1.61 | 1.90 |
Net Debt/EBITDA |
0.25 | 0.13 | 0.10 | (0.06) | 0.13 | 0.09 | 0.21 | 0.22 | 0.25 | 0.31 |
Debt/Assets |
23.39% | 25.27% | 22.05% | 22.73% | 26.26% | 25.31% | 29.75% | 23.05% | 24.02% | 27.02% |
Debt/Equity |
0.61 | 0.66 | 0.53 | 0.53 | 0.63 | 0.56 | 0.66 | 0.48 | 0.49 | 0.56 |
Asset Turnover |
0.47 | 0.41 | 0.39 | 0.37 | 0.35 | 0.29 | 0.28 | 0.32 | 0.30 | 0.28 |
Operating CF/Net income |
1.01 | 1.15 | 1.01 | 1.20 | 1.26 | 1.24 | 0.96 | 1.06 | 1.26 | 1.39 |
Capex/Depreciation |
(1.19) | (1.21) | (1.22) | (1.12) | (1.13) | (0.88) | (0.96) | (1.15) | (1.19) | (1.25) |
Interest Coverage |
37.08 | 40.74 | 36.81 | 32.61 | 34.97 | 30.81 | 27.29 | 28.14 | 21.17 | 21.57 |
| 64.60% | 53.30% | 52.55% | 49.15% | 44.14% | 37.51% | 36.01% | 41.83% | 36.94% | 24.62% | |
| 24.23% | 20.66% | 21.34% | 19.63% | 17.76% | 15.03% | 14.16% | 17.04% | 15.02% | 10.15% | |
ROIC |
40.41% | 36.49% | 35.36% | 35.08% | 30.89% | 25.22% | 22.37% | 24.59% | 21.63% | 20.70% |
Return on Tangible Assets |
592.94% | 288.44% | 174.10% | 124.63% | 118.94% | 84.42% | 68.46% | 117.85% | 109.78% | 59.38% |
Average Days of Receivables |
45.94 | 66.77 | 71.27 | 50.01 | 49.21 | 56.42 | 48.15 | 72.91 | 49.41 | 50.78 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
29.54% | 28.33% | 27.99% | 27.71% | 27.38% | 28.06% | 28.66% | 26.98% | 27.90% | 27.34% |
Intangible Assets out of Total Assets |
0.51 | 0.48 | 0.48 | 0.49 | 0.50 | 0.53 | 0.54 | 0.58 | 0.62 | 0.63 |
Share Based Compensation of Revenue |
2.02% | 2.24% | 2.37% | 2.34% | 2.05% | 2.25% | 1.90% | 1.77% | 1.59% | 1.28% |
Graham Net Nets |
(0.04) | (0.04) | (0.04) | (0.04) | (0.06) | (0.04) | (0.04) | (0.05) | (0.05) | (0.07) |
Graham Number |
75.97 | 67.97 | 67.48 | 60.77 | 52.42 | 47.40 | 41.87 | 41.83 | 37.26 | 28.66 |
Earnings Yield |
3.60% | 2.99% | 3.54% | 3.59% | 3.94% | 2.53% | 2.45% | 3.09% | 2.94% | 2.67% |
Free Cash Flow Yield |
3.42% | 3.42% | 3.71% | 4.55% | 5.28% | 3.35% | 2.48% | 3.50% | 3.96% | 3.89% |
Revenue per Share |
25.47 | 21.65 | 19.59 | 17.43 | 15.38 | 12.39 | 11.19 | 11.49 | 10.06 | 8.73 |
Operating CF per Share |
13.17 | 12.48 | 10.88 | 11.08 | 9.89 | 7.82 | 5.35 | 6.40 | 6.32 | 4.43 |
Capex per Share |
(0.93) | (0.80) | (0.69) | (0.57) | (0.51) | (0.36) | (0.38) | (0.38) | (0.35) | (0.33) |
Free Cash Flow per Share |
12.24 | 11.68 | 10.19 | 10.52 | 9.38 | 7.46 | 4.97 | 6.02 | 5.97 | 4.10 |
Cash per Share |
8.16 | 11.90 | 9.96 | 11.69 | 10.48 | 9.97 | 10.72 | 6.64 | 6.44 | 6.88 |
Shareholders Equity per Share |
20.04 | 20.51 | 21.34 | 20.68 | 18.67 | 19.32 | 18.54 | 17.35 | 16.60 | 15.57 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
20.04 | 20.51 | 21.34 | 20.68 | 18.67 | 19.32 | 18.54 | 17.35 | 16.60 | 15.57 |
Free Cash Flow |
22,057.00 | 21,577.00 | 18,693.00 | 19,696.00 | 17,879.00 | 14,522.00 | 9,704.00 | 12,028.00 | 12,223.00 | 8,622.00 |
Working Capital |
(1,102.00) | 2,718.00 | 7,516.00 | 10,434.00 | 9,352.00 | 11,868.00 | 13,135.00 | 7,555.00 | 6,911.00 | 9,029.00 |
Capital Expenditures |
(1,671.00) | (1,482.00) | (1,257.00) | (1,059.00) | (970.00) | (705.00) | (736.00) | (756.00) | (718.00) | (695.00) |
Net Current Asset Value |
(27,763.00) | (23,952.00) | (21,341.00) | (18,234.00) | (19,715.00) | (17,700.00) | (17,064.00) | (16,920.00) | (17,003.00) | (16,194.00) |
EV/EBIT |
— | 26.43 | 21.48 | 20.56 | 18.13 | 27.53 | 27.96 | 23.27 | 24.25 | 18.59 |
Capex to Sales |
0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 |
Price to Operating Income |
22.95 | 26.29 | 21.37 | 20.63 | 18.00 | 27.43 | 27.74 | 22.92 | 23.85 | 18.27 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.28 | 0.29 | 0.27 | 0.28 | 0.27 | 0.30 | 0.28 | 0.24 | 0.24 | 0.25 |
Cash ROIC |
30.26% | 25.36% | 23.89% | 24.26% | 22.92% | 18.62% | 11.95% | 18.59% | 19.15% | 13.14% |
Accounts Receivable Turnover |
7.01 | 5.58 | 6.25 | 7.75 | 7.63 | 7.30 | 5.85 | 6.23 | 7.71 | 7.25 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Turnover |
— | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Days of Inventory on Hand |
— | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
6,547.50 | 7,166.00 | 5,744.50 | 4,213.00 | 3,839.00 | 3,304.00 | 3,736.00 | 3,690.00 | 2,672.00 | 2,531.00 |
Average Payables |
580.50 | 517.00 | 427.00 | 357.50 | 303.00 | 220.00 | 165.00 | 169.50 | 181.00 | 191.00 |
Average Assets |
96,993.50 | 97,069.00 | 92,505.00 | 88,000.00 | 84,198.50 | 81,907.50 | 76,746.50 | 70,899.50 | 68,601.00 | 66,006.00 |
Average Common Equity |
36,384.00 | 37,635.00 | 37,570.50 | 35,146.00 | 33,883.00 | 32,816.50 | 30,173.00 | 28,879.00 | 27,885.00 | 27,214.50 |
Columns are period end dates · fundamentals updated 2 Nov 2026