Visa Inc.

V Financial Credit Services

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

422.28 0.31 −0.07%
Market cap
$809.5B
P/E
32.7×
Fwd P/E
32.6×
Dividend yield
0.63%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Visa Inc. (V) Free cash flow margin

Alert me on Free cash flow margin

Visa Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 48.1%. Over the past ten years it has ranged from 33.5% (fiscal 2016) to 61.0% (fiscal 2022); the current reading is higher than 42% of that period. That is above the Credit Services industry median of 8.73% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 48.1% (5.89)
FY2025 53.9% 1.91
FY2024 52.0% (8.29)
FY2023 60.3% (0.68)
FY2022 61.0% 0.76
FY2021 60.2% 15.82
FY2020 44.4% (7.93)
FY2019 52.4% (6.96)
FY2018 59.3% 12.34
FY2017 47.0% 13.48

Against its own ten years

Low 33.5% High 61.0%
Ten-year median 52.2%
Current reading's percentile 42

Free cash flow margin against peers

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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