Visa (V) FCF Margin (2009 - 2026)
Visa (V) reported FCF Margin of 23.37% for Q1 2026, down 1897.0% on a YoY basis from 1.3% in Q1 2025, and down 60.2% quarter-over-quarter from 58.73% in Q4 2025.
Visa (V) FCF Margin (2009 - 2026) Analysis & Trends
Visa has reported FCF Margin for 18 years, with the latest figure at 23.37% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 1897.0% year-over-year to 23.37%; the trailing twelve-month figure through Mar 2026 stood at 49.24% (down 848.0% YoY), and the FY2025 full-year result was 53.94%, down 144.0% from the prior year.
- FCF Margin for Q1 2026 stood at 23.37%, down from 58.73% in the prior quarter.
- The five-year high for FCF Margin was 88.11% in Q3 2023, with the low at 23.37% in Q1 2026.
- Historically, FCF Margin has averaged 56.73% across 5 years, with a median of 56.32% in 2024.
- The largest YoY upside for FCF Margin was 1476 bps in 2024 against a maximum downside of 1904 bps in 2024.
- Visa's FCF Margin stood at 52.22% in 2022, then retreated by 20 bps to 41.56% in 2023, then jumped by 36 bps to 56.32% in 2024, then gained by 4 bps to 58.73% in 2025, then sank by 60 bps to 23.37% in 2026.
- The last three FCF Margin figures came in at 23.37% (Q1 2026), 58.73% (Q4 2025), and 54.54% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 23.37% |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 33.56% |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 14.04% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 35.91% |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 10.81% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 45.78% |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 6,779.64% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | -216.52% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 65.22% |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 46.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.37% |
| Dec 31, 2025 | 58.73% |
| Sep 30, 2025 | 54.54% |
| Jun 30, 2025 | 62.02% |
| Mar 31, 2025 | 42.35% |
| Dec 31, 2024 | 56.32% |
| Sep 30, 2024 | 69.07% |
| Jun 30, 2024 | 63.51% |
| Mar 31, 2024 | 45.77% |
| Dec 31, 2023 | 41.56% |
| Sep 30, 2023 | 88.11% |
| Jun 30, 2023 | 67.73% |
| Mar 31, 2023 | 42.93% |
| Dec 31, 2022 | 52.22% |
| Sep 30, 2022 | 75.18% |
| Jun 30, 2022 | 72.10% |
| Mar 31, 2022 | 48.89% |
| Dec 31, 2021 | 59.20% |
| Sep 30, 2021 | 67.50% |
| Jun 30, 2021 | 64.18% |