Visa (V) FCF Margin (2009 - 2026)
Visa (V) posted FCF Margin of 23.37% for Q1 2026, down 60.2% quarter-over-quarter from 58.73% in Q4 2025, and down 1897.0% year-on-year from 1.3% in Q1 2025.
Visa (V) FCF Margin (2009 - 2026) Analysis & Trends
Visa (V) has reported FCF Margin for 18 consecutive years, with 23.37% the latest figure, recorded in Q1 2026.
- FCF Margin for Q1 2026 came in at 23.37%, down 1897.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 49.24% (down 848.0% YoY), and the FY2025 annual result was 53.94%, down 144.0% from the prior year.
- FCF Margin was 23.37% for Q1 2026 at Visa, down from 58.73% in the prior quarter.
- Over five years, FCF Margin peaked at 88.11% in Q3 2023 and troughed at 23.37% in Q1 2026.
- Average FCF Margin over 5 years is 56.73%, with a median of 56.32% recorded in 2024.
- The widest YoY moves for FCF Margin: up 1476 bps in 2024, down 1904 bps in 2024.
- Over 5 years, FCF Margin stood at 52.22% in 2022, then dropped by 20 bps to 41.56% in 2023, then jumped by 36 bps to 56.32% in 2024, then grew by 4 bps to 58.73% in 2025, then plunged by 60 bps to 23.37% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 23.37% in Q1 2026, 58.73% in Q4 2025, and 54.54% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 23.37% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 33.56% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 14.04% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 10.81% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 6,779.64% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | -216.52% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 65.22% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 46.37% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 15.37% |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 65.41% |
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% |