Visa (V) FCF Margin (2009 - 2026)
Visa (V) reported FCF Margin of 52.76% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 9.27 percentage points from 62.02% a year earlier but up 29.38 percentage points from the prior quarter.
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Analysis
Visa (V) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Visa's FCF Margin came in at 47.23%, down 9.55 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 53.94%, up 1.91 percentage points from FY2024.
- FCF Margin has a five-year change of +9.52 percentage points (FY2020 to FY2025).
- By fiscal year, FCF Margin came in at 52.03% in FY2024 (-8.29 pp), 60.32% in FY2023 (-0.68 pp), 61.00% in FY2022 (+0.75 pp) and 60.24% in FY2021 (+15.82 pp).
- Five-year quarterly FCF Margin spans a low of 23.37% in fiscal Q2 2026 and a high of 76.92% in fiscal Q4 2023.
- Year over year, FCF Margin gained in three of the last eight quarters, with an average year-over-year change of -3.50 percentage points.
- The high point for year-over-year FCF Margin in five years was fiscal Q4 2021 (a gain of 19.58 percentage points); the low point was fiscal Q2 2026 (a drop of 22.15 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 23.37% (Q2 2026), 58.73% (Q1 2026) and 54.54% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 52.76% |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 37.53% |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 26.95% |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 9.34% |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 81.75% |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | 234.30% |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 22.78% |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 50.96% |
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% |
API Access
Visa FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=V&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "V", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();