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.
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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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 52.76% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 37.82% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 22.78% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 50.96% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 20.44% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | -1,112.06% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 50.23% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | -327.16% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 59.19% |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 7.73% |
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% |