Visa Inc.
VNYSE
$411.43
Last price · USD
- Market cap
- $808.9B
- P/E
- 40.3x
- EV / EBITDA
- 31.3x
- P/S
- 20.2x
- FCF yield
- 2.7%
- Div. yield
- 0.57%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$40.00B
+11.3%
4Y CAGR +13.5%
Gross profit
$32.15B
+11.3%
4Y CAGR +13.8%
Operating income
$23.99B
+1.7%
4Y CAGR +11.0%
Net income
$20.06B
+1.6%
4Y CAGR +13.0%
EPS (diluted)
$10.20
+4.8%
4Y CAGR +16.0%
Free cash flow
$21.58B
+15.4%
4Y CAGR +10.4%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $411.43 · FY2025 fundamentals
- Market cap
- $808.9B
- Enterprise value
- $813.9B
- P/E
- 40.3x
- P/S
- 20.2x
- P/B
- 21.3x
- EV / EBITDA
- 31.3x
- EV / Sales
- 20.3x
- Earnings yield
- 2.5%
- FCF yield
- 2.7%
- Shareholder yield
- 2.8%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 80.4%+1.0pp | 79.4% | |
| Operating margin | 60.0%-5.6pp | 65.6% | |
| EBITDA margin | 65.0%-7.1pp | 72.1% | |
| Net margin | 50.1%-0.9pp | 51.1% | |
| FCF margin | 53.9%-6.3pp | 60.2% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 52.9% | 32.8% | |
| Return on invested capital | 46.3% | 28.8% | |
| Return on assets | 20.1% | 14.9% | |
| Debt / equity | 0.66x | 0.56x | |
| Net debt / EBITDA | 0.19x | 0.26x | |
| Current ratio | 1.08x | 1.75x |
Cash & equivalents
$20.15B
Total debt
$25.17B
Capital allocation
How V used its cash in FY2025
- Operating cash flow
- $23.06B
- Capital expenditure
- $1.48B
- Dividends paid
- $4.63B
- Share repurchases
- $18.32B
- Stock-based compensation
- $897M
- Diluted shares
- 1.97B
- Share count change (4Y)
- -10.1%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $40.00B | $10.20 | ||
| FY2026E24 analysts | $45.87B | +14.7% | $13.23 | +29.7% |
| FY2027E25 analysts | $50.82B | +10.8% | $15.04 | +13.7% |
| FY2028E17 analysts | $56.10B | +10.4% | $17.08 | +13.5% |
About Visa Inc.
Financial Services · Financial - Credit Services
Visa Inc. functions globally as a leading technology company dedicated to payments. Its primary role is to enable the secure and efficient digital transfer of funds among a wide array of participants, including individual consumers, retail businesses, banking institutions, corporations, strategic partners, and governmental bodies.
visa.com/en-us- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Ryan McInerney
- Employees
- 34,100
- Headquarters
- San Francisco, CA, US
- IPO date
- 2008-03-19
Visa Inc. (V) — frequently asked questions
Answered from the company's SEC filings
Visa Inc. functions globally as a leading technology company dedicated to payments.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.