Visa Inc.
Visa Inc.’s revenue for fiscal 2025 (year ended September 2025) was $40.0 billion, up 11.3% from fiscal 2024. In the quarter to June 2026, revenue grew 14.4%, EPS grew 10.4%, free cash flow fell 2.73% and total debt fell 5.09%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five.
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Visa Inc. (V) Return on invested capital
Visa Inc.'s return on invested capital over the twelve months to 30 June 2026 was 38.0%, up 1.6 percentage points from fiscal 2025 (36.5%). Over the past ten years it has ranged from 12.7% (fiscal 2016) to 36.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Credit Services industry median of 4.09% and above the Financial sector median of 4.85%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 36.5% | 1.13 |
| FY2024 | 35.4% | 0.28 |
| FY2023 | 35.1% | 4.19 |
| FY2022 | 30.9% | 5.67 |
| FY2021 | 25.2% | 2.85 |
| FY2020 | 22.4% | (2.22) |
| FY2019 | 24.6% | 2.96 |
| FY2018 | 21.6% | 0.93 |
| FY2017 | 20.7% | 8.01 |
| FY2016 | 12.7% | (12.21) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MA Mastercard Incorporated compare | 70.5% |
| V Visa Inc. | 38.0% |
| AXP American Express Company compare | 20.0% |
| PYPL PayPal Holdings, Inc. compare | 16.9% |
| SYF Synchrony Financial compare | 16.8% |
| COF Capital One Financial Corporation compare | 7.92% |
| ALLY Ally Financial Inc. compare | 4.64% |
| SOFI SoFi Technologies, Inc. compare | 4.26% |
| AFRM Affirm Holdings, Inc. compare | 2.16% |
| Credit Services industry median | 4.09% |
| Financial sector median | 4.85% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
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- Current ratio
- Total debt
- Shares outstanding
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- Piotroski F-score
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