Visa (V) Asset Utilization Ratio (2009 - 2026)
Visa's (V) Asset Utilization Ratio came in at 0.47 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 16.3% from 0.40 a year earlier and up 4.6% from the prior quarter.
Visa (V) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Visa's Asset Utilization Ratio stood at 0.41, up 6.1% from FY2024.
- Annual Asset Utilization Ratio has increased for five consecutive fiscal years.
- In prior fiscal years, Visa's Asset Utilization Ratio was 0.39 in FY2024 (+4.7%), 0.37 in FY2023 (+6.6%), 0.35 in FY2022 (+18.3%) and 0.29 in FY2021 (+3.4%).
- The fiscal Q3 2026 figure stands as the highest quarterly Asset Utilization Ratio in data going back to fiscal Q4 2009.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last 20 quarters, with growth averaging 8.3% over the last eight quarters.
- The year-over-year growth in Asset Utilization Ratio has ranged between 3.2% (fiscal Q2 2024) and 23.7% (fiscal Q2 2022) over the last five years.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 0.45 (Q2 2026), 0.42 (Q1 2026) and 0.40 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 0.47 |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 0.64 |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 1.23 |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 0.50 |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 1.09 |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | 0.38 |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 0.25 |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 0.09 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.41 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.29 |
Visa Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=V&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "V", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();