Visa (V) FCF Margin (2009 - 2026)

Visa's (V) quarterly FCF Margin came in at 52.76% in Q2 2026, down 927.0% YoY from 6.38% in Q2 2025, and up 125.69% on a QoQ basis from 23.37% in Q1 2026.

Visa (V) FCF Margin (2009 - 2026) Analysis & Trends

Visa (V) has 18 years of FCF Margin data on file, last reported at 52.76% in Q2 2026.

  • Quarterly FCF Margin fell 927.0% year-over-year to 52.76% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 47.23% (down 955.0% YoY) and the FY2025 annual result came in at 53.94%, up 191.0% from the prior year.
  • FCF Margin climbed to 52.76% in Q2 2026, from 23.37% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 76.92% in Q3 2023 to a low of 23.37% in Q1 2026.
  • A 5-year average of 54.55% and a median of 53.15% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2024 — FCF Margin surged 1435 bps — and 2026, when it plunged 2215 bps.
  • Tracing V's FCF Margin over 5 years: stood at 49.42% in 2022, then slipped by 22 bps to 38.77% in 2023, then soared by 37 bps to 53.11% in 2024, then advanced by 11 bps to 58.73% in 2025, then decreased by 10 bps to 52.76% in 2026.
  • The last three FCF Margin figures came in at 52.76% (Q2 2026), 23.37% (Q1 2026), and 58.73% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 52.76%
2 Mastercard 506.53 Bn 493.04 Bn - 37.82%
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 22.78%
4 Capital One Financial 136.19 Bn 81.48 Bn - 64.06%
5 PayPal Holdings 52.34 Bn 41.08 Bn - 20.44%
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 50.23%
8 Affirm Holdings 25.93 Bn 24.20 Bn - -3,167.36%
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -1,839.75%
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 59.19%

Historic Data

Download Data
DateValue
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%