Visa (V) FCF Margin (2009 - 2026)
Visa's (V) quarterly FCF Margin came in at 52.76% in Q2 2026, down 927.0% on a YoY basis from 6.38% in Q2 2025, and up 125.69% quarter-over-quarter from 23.37% in Q1 2026.
Analysis
Visa (V) FCF Margin (2009 - 2026) Analysis & Trends
Visa (V) has reported FCF Margin for 18 consecutive years, with 52.76% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 927.0% year-over-year to 52.76%; the trailing twelve-month figure through Jun 2026 stood at 47.23% (down 955.0% YoY), and the FY2025 full-year result was 53.94%, up 191.0% from the prior year.
- FCF Margin grew to 52.76% in Q2 2026 per V's latest filing, from 23.37% in the prior quarter.
- Across five years, FCF Margin topped out at 76.92% in Q3 2023 and bottomed at 23.37% in Q1 2026.
- Historically, FCF Margin has averaged 54.55% across 5 years, with a median of 53.15% in 2024.
- The sharpest annual moves came in 2024 and 2026: FCF Margin soared 1435 bps in 2024, then sank 2215 bps in 2026.
- Over 5 years, FCF Margin stood at 49.42% in 2022, then declined by 22 bps to 38.77% in 2023, then surged by 37 bps to 53.11% in 2024, then grew by 11 bps to 58.73% in 2025, then dropped by 10 bps to 52.76% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 52.76%, 23.37%, and 58.73% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | 52.76% |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | 37.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.76% |
| Mar 31, 2026 | 23.37% |
| Dec 31, 2025 | 58.73% |
| Sep 30, 2025 | 54.54% |
| Jun 30, 2025 | 62.02% |
| Mar 31, 2025 | 45.53% |
| Dec 31, 2024 | 53.11% |
| Sep 30, 2024 | 66.08% |
| Jun 30, 2024 | 53.19% |
| Mar 31, 2024 | 48.51% |
| Dec 31, 2023 | 38.77% |
| Sep 30, 2023 | 76.92% |
| Jun 30, 2023 | 67.73% |
| Mar 31, 2023 | 45.71% |
| Dec 31, 2022 | 49.42% |
| Sep 30, 2022 | 71.67% |
| Jun 30, 2022 | 68.96% |
| Mar 31, 2022 | 44.82% |
| Dec 31, 2021 | 57.50% |
| Sep 30, 2021 | 57.37% |