Visa (V) EBT Margin (2009 - 2026)
Visa's (V) quarterly EBT Margin came in at 58.74% in Q2 2026, down 352.0% YoY from 23.31% in Q2 2025, and down 8.05% on a QoQ basis from 63.88% in Q1 2026.
Analysis
Visa (V) EBT Margin (2009 - 2026) Analysis & Trends
Visa (V) has 18 years of EBT Margin data on file, last reported at 58.74% in Q2 2026.
- Quarterly EBT Margin fell 352.0% year-over-year to 58.74% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 60.59% (down 200.0% YoY) and the FY2025 annual result came in at 60.48%, down 609.0% from the prior year.
- EBT Margin declined to 58.74% in Q2 2026, from 63.88% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 69.98% in Q4 2023 to a low of 52.63% in Q2 2022.
- A 5-year average of 62.71% and a median of 63.0% in 2022 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin tumbled 1897 bps — and 2023, when it jumped 1072 bps.
- Tracing V's EBT Margin over 5 years: stood at 62.71% in 2022, then climbed by 12 bps to 69.98% in 2023, then declined by 7 bps to 65.19% in 2024, then dropped by 5 bps to 61.7% in 2025, then declined by 5 bps to 58.74% in 2026.
- The last three EBT Margin figures came in at 58.74% (Q2 2026), 63.88% (Q1 2026), and 61.7% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 58.74% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 59.14% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 20.73% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 24.09% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 15.09% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 14.50% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 24.62% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 16.76% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 23.49% |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 11.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.74% |
| Mar 31, 2026 | 63.88% |
| Dec 31, 2025 | 61.70% |
| Sep 30, 2025 | 58.03% |
| Jun 30, 2025 | 62.26% |
| Mar 31, 2025 | 56.68% |
| Dec 31, 2024 | 65.19% |
| Sep 30, 2024 | 66.26% |
| Jun 30, 2024 | 67.29% |
| Mar 31, 2024 | 62.83% |
| Dec 31, 2023 | 69.98% |
| Sep 30, 2023 | 65.47% |
| Jun 30, 2023 | 63.35% |
| Mar 31, 2023 | 66.10% |
| Dec 31, 2022 | 62.71% |
| Sep 30, 2022 | 62.51% |
| Jun 30, 2022 | 52.63% |
| Mar 31, 2022 | 63.18% |
| Dec 31, 2021 | 69.37% |
| Sep 30, 2021 | 65.53% |