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Monday 5 October 2026 Export all V data to Excel Powerpack

Visa Inc.

V Financial Credit Services

Visa Inc.’s revenue for fiscal 2025 (year ended September 2025) was $40.0 billion, up 11.3% from fiscal 2024. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for five.

369.41 8.75 +2.43%
Market cap
$672.8B
P/E
29.5×
Dividend yield
0.74%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K
Receivables outpacing revenue
All filings →

Insider Decisions trades per month

Total sells 86.28
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 4 4 1 — 1 1 1 1 3 3 2 1
Insider Ownership 4.55%

Capital & Financial Ratios $m

Market Cap 672,830.00
Revenue 44,488.00
Net Income 22,592.00
Free Cash Flow 21,013.00
Net Debt 9,178.00
Current Ratio 0.99
Debt/Equity 0.68
P/E ratio 29.54
P/S ratio 14.44
P/B ratio 18.53
Past 5Y EPS Growth 15.84%
This Y EPS Growth 15.31%
Next Y EPS Growth 13.60%
Next 5Y EPS Growth 14.17%

Scores & Valuation vs History

F-score 5/9 Altman Z n/a Beneish M n/a Dividend safety n/a
P/E against its own 10 years 16.46%
10-year low 10-year high
P/S against its own 10 years 50.31%
10-year low 10-year high
P/B against its own 10 years 98.22%
10-year low 10-year high
EV/Sales against its own 10 years 52.20%
10-year low 10-year high
EV/FCF against its own 10 years 69.33%
10-year low 10-year high

Dividends

Payout Ratio 0.23
Annual Dividend Rate 2.68
Annual Dividend Yield 0.74%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.70
0.67
0.67
0.67
2025 2.44
0.59
0.59
0.59
0.67
2024 2.15
0.52
0.52
0.52
0.59
2023 1.87
0.45
0.45
0.45
0.52
2022 1.58
0.38
0.38
0.38
0.45
2021 1.34
0.32
0.32
0.32
0.38
2020 1.22
0.30
0.30
0.30
0.32
2019 1.05
0.25
0.25
0.25
0.30
2018 0.88
0.21
0.21
0.21
0.25
2017 0.69
0.17
0.17
0.17
0.20
2016 0.59
0.14
0.14
0.14
0.17
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 21,892 18,264 21,987 14,680
Receivables 4,474 7,015 7,317 5,927
Inventory — — — —
Other 4,582 5,442 5,783 6,833
33,532 34,033 37,766 31,002
2023 2024 2025 Q'26
Payables 375 479 555 553
ST’ Debt 106 — 5,569 2,996
Other 11,182 12,599 13,994 15,739
23,098 26,517 35,048 31,467

Compound Annual Growth %

10y 5y 3y
Sales 11.16% 12.86% 10.92%
Cash Flow 13.35% 17.17% 6.95%
Earnings 12.23% 13.04% 10.28%
Book Value 2.42% 0.92% 2.14%

Revenue $m

Dec Mar Jun Sep Year
’26 10,901 11,230 11,633 — —
’25 9,510 9,594 10,172 10,724 40,000
’24 8,634 8,775 8,900 9,617 35,926
’23 7,936 7,985 8,123 8,609 32,653
’22 7,059 7,189 7,275 7,787 29,310
’21 5,687 5,729 6,130 6,559 24,105
’20 6,054 5,854 4,837 5,101 21,846
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 6,780 3,008 6,554 — —
’25 5,396 4,695 6,730 6,238 23,059
’24 3,614 4,538 5,134 6,664 19,950
’23 4,171 3,860 5,797 6,927 20,755
’22 4,232 3,489 5,252 5,876 18,849
’21 3,513 3,329 4,414 3,971 15,227
’20 3,875 1,467 3,002 2,096 10,440
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 6,402 2,625 6,137 — —
’25 5,051 4,368 6,309 5,849 21,577
’24 3,347 4,257 4,734 6,355 18,693
’23 3,922 3,650 5,502 6,622 19,696
’22 4,059 3,222 5,017 5,581 17,879
’21 3,353 3,171 4,235 3,763 14,522
’20 3,684 1,251 2,841 1,928 9,704
Fiscal quarters ending in the months shown.

EPS $

Dec Mar Jun Sep Year
’26 3.03 3.14 2.97 — —
’25 2.58 2.32 2.69 2.62 10.20
’24 2.39 2.29 2.40 2.65 9.73
’23 1.99 2.03 2.00 2.27 8.28
’22 1.83 1.70 1.60 1.86 7.00
’21 1.42 1.38 1.18 1.65 5.63
’20 1.46 1.38 1.07 0.97 4.89
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 66.12 78.49 111.02 127.88 133.93 190.10 174.60 206.16 252.70 299.00

Analyst estimates 2026–2028

Powerpack
High 83.96 114.92 151.56 189.89 220.39 252.67 235.85 263.25 321.62 375.51
People
People Employees — — 17,000 19,500 20,500 21,500 26,500 28,800 31,600 34,100
Revenue/emp, $m 0.00 0.00 1.21 1.18 1.07 1.12 1.11 1.13 1.14 1.17
Income, $m
Income, $m Revenue 15,082 18,358 20,609 22,977 21,846 24,105 29,310 32,653 35,926 40,000
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 8,012 11,694 12,806 14,884 13,790 16,063 18,136 21,037 23,916 24,194
EBT margin, % 53.12 63.70 62.14 64.78 63.12 66.64 61.88 64.43 66.57 60.49
Net income 5,991 6,699 10,301 12,080 10,866 12,311 14,957 17,273 19,743 20,058
Depreciation 502 556 602 656 767 804 861 943 1,034 1,220
Per share, $
Per share, $ Revenue 6.95 8.73 10.06 11.49 11.19 12.39 15.38 17.43 19.59 21.65
Earnings 2.49 2.80 4.43 5.32 4.90 5.63 7.01 8.29 9.74 10.22
Cash flow 2.57 4.43 6.32 6.40 5.35 7.82 9.89 11.08 10.88 12.48
Capex (0.24) (0.33) (0.35) (0.38) (0.38) (0.36) (0.51) (0.57) (0.69) (0.80)
Free cash flow 2.33 4.10 5.97 6.02 4.97 7.46 9.38 10.52 10.19 11.68
Book value 15.17 15.57 16.60 17.35 18.54 19.32 18.67 20.68 21.34 20.51
Shares, m 2,170 2,104 2,049 1,999 1,953 1,946 1,906 1,873 1,834 1,848
Valuation, ×
Valuation, × P/E 33.48 37.39 34.04 32.33 40.89 39.56 25.38 27.86 28.23 33.44
P/S 11.90 12.08 14.99 14.96 17.88 17.98 11.55 13.27 14.04 15.77
P/B 6.60 8.15 10.83 11.77 12.55 12.56 10.18 11.70 13.23 16.98
EV/Sales 12.29 12.30 15.24 15.19 18.02 18.05 11.64 13.23 14.11 15.85
EV/FCF 36.70 26.18 25.70 29.02 40.57 29.96 19.08 21.93 27.12 29.39
Cash, $m
Cash, $m Operating cash flow 5,574 9,317 12,941 12,784 10,440 15,227 18,849 20,755 19,950 23,059
Capex (523) (695) (718) (756) (736) (705) (970) (1,059) (1,257) (1,482)
Free cash flow 5,051 8,622 12,223 12,028 9,704 14,522 17,879 19,696 18,693 21,577
Balance, $m
Balance, $m Working capital 6,267 9,029 6,911 7,555 13,135 11,868 9,352 10,434 7,516 2,718
Total debt 15,882 18,367 16,630 16,729 24,070 20,977 22,450 20,569 20,836 25,171
Net debt 5,917 3,898 3,430 3,450 3,128 1,571 2,479 (1,323) 2,572 3,184
Shareholders’ equity 32,912 32,760 34,006 34,684 36,210 37,589 35,581 38,733 39,137 37,909
Returns, %
Returns, % ROA 11.59 10.15 15.02 17.04 14.16 15.03 17.76 19.63 21.34 20.66
ROIC 12.69 20.70 21.63 24.59 22.37 25.22 30.89 35.08 35.36 36.49
ROE 21.01 24.62 36.94 41.83 36.01 37.51 44.14 49.15 52.55 53.30
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Visa Inc. peers in Credit Services

Company Market cap P/E Compare
MA Mastercard Incorporated $481.8B 30.3× Compare
AXP American Express Company $205.0B 18.4× Compare
COF Capital One Financial Corporation $118.9B 12.0× Compare
PYPL PayPal Holdings, Inc. $45.1B 9.9× Compare
Company Market cap P/E Compare
AFRM Affirm Holdings, Inc. $23.9B 12.4× Compare
SYF Synchrony Financial $23.4B 7.3× Compare
SOFI SoFi Technologies, Inc. $20.3B 30.9× Compare
ALLY Ally Financial Inc. $11.5B 8.8× Compare

All 55 Credit Services stocks →

V metrics, ten years each

Visa Inc. (V) key facts

  • Visa Inc. (V) is a Credit Services company in the Financial sector, listed on the New York Stock Exchange.
  • Visa Inc.’s revenue for fiscal 2025 (year ended September 2025) was $40.0 billion, up 11.3% from fiscal 2024.
  • As of October 5, 2026, V traded at $361.14, a market capitalization of $672.8 billion.
  • Visa Inc. pays an annual dividend of $2.68 per share, a yield of 0.74%, with a payout ratio of 22.8%.
  • Return on equity was 53.3% and debt-to-equity 0.68.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Financial Analysis (summary)

Updated

In FY2025, Visa reported revenue of $40.0 billion, net income of $20.1 billion, and free cash flow of $21.6 billion. In Q3 FY2026, revenue was $11.6 billion, operating income was $6.9 billion, and net income was $5.6 billion.

In the TTM to Q3 FY2026, revenue was $44.5 billion, net income was $22.6 billion, and free cash flow was $21.0 billion. Net debt was $9.2 billion in Q3 FY2026, while market capitalisation was $655.4 billion as of September 24, 2026.

Visa Inc. (V) Latest News

16 Jun

Impact 5 ·

Visa advances AI agent and stablecoin initiatives positioned as potential game changers for its payments business and competitive positioning.
stockrow.com/V · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com