Visa Financial Ratios
NYSE: VConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Visa ratio analysis
Visa earned a net margin of 50.1% in FY 2025, down from 55.0% a year earlier. Return on equity reached 52.9%, meaning Visa generated 0.53 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks. Debt-to-equity stood at 0.66 versus 0.53 the year before, and the current ratio was 1.08.
Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Visa financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 60.0% | 65.7% | 64.3% | 64.2% | 65.6% | 64.5% | 65.3% | 62.9% | 66.2% | 52.3% |
| Net margin | 50.1% | 55.0% | 52.9% | 51.0% | 51.1% | 49.7% | 52.6% | 50.0% | 36.5% | 39.7% |
| Free cash flow margin | 53.9% | 52.0% | 60.3% | 61.0% | 60.2% | 44.4% | 52.3% | 59.3% | 46.9% | 33.5% |
| Return on equity (ROE) | 52.9% | 50.4% | 44.6% | 42.0% | 32.8% | 30.0% | 34.8% | 30.3% | 20.4% | 18.2% |
| Return on assets (ROA) | 20.1% | 20.9% | 19.1% | 17.5% | 14.9% | 13.4% | 16.6% | 14.9% | 9.9% | 9.4% |
| Debt / equity | 0.66 | 0.53 | 0.53 | 0.63 | 0.56 | 0.66 | 0.48 | 0.49 | 0.56 | 0.48 |
| Current ratio | 1.08 | 1.28 | 1.45 | 1.45 | 1.75 | 1.91 | 1.56 | 1.61 | 1.90 | 1.78 |
| Revenue growth | 11.3% | 10.0% | 11.4% | 21.6% | 10.3% | -4.9% | 11.5% | 12.3% | 21.7% | 8.7% |