Visa (V) Invested Capital (2009 - 2026)
Visa (V) reported Invested Capital of $59.04 billion for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.5% from $63.8 billion a year earlier and down 1.0% from the prior quarter.
Visa (V) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Visa posted Invested Capital of $63.08 billion, up 5.2% from FY2024.
- Invested Capital has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 0.9% (FY2020 to FY2025).
- By fiscal year, Invested Capital came in at $59.97 billion in FY2024 (+1.3%), $59.2 billion in FY2023 (+2.0%), $58.03 billion in FY2022 (-0.9%) and $58.57 billion in FY2021 (-2.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Invested Capital since fiscal Q2 2025.
- Year over year, Invested Capital gained in five of the last eight quarters, with growth averaging 0.2%.
- The high point for year-over-year Invested Capital in five years was fiscal Q3 2025 (growth of 5.8%); the low point was fiscal Q3 2026 (a decline of 7.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $59.64 billion (Q2 2026), $59.95 billion (Q1 2026) and $63.08 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 59.04 Bn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 30.25 Bn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 1.13 Bn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | - |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 283.36 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | 30.58 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 36.31 Bn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 149.41 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.04 Bn |
| Mar 31, 2026 | 59.64 Bn |
| Dec 31, 2025 | 59.95 Bn |
| Sep 30, 2025 | 63.08 Bn |
| Jun 30, 2025 | 63.80 Bn |
| Mar 31, 2025 | 58.79 Bn |
| Dec 31, 2024 | 58.91 Bn |
| Sep 30, 2024 | 59.97 Bn |
| Jun 30, 2024 | 60.33 Bn |
| Mar 31, 2024 | 61.09 Bn |
| Dec 31, 2023 | 60.44 Bn |
| Sep 30, 2023 | 59.20 Bn |
| Jun 30, 2023 | 59.54 Bn |
| Mar 31, 2023 | 59.17 Bn |
| Dec 31, 2022 | 57.41 Bn |
| Sep 30, 2022 | 58.03 Bn |
| Jun 30, 2022 | 59.28 Bn |
| Mar 31, 2022 | 57.02 Bn |
| Dec 31, 2021 | 57.11 Bn |
| Sep 30, 2021 | 58.57 Bn |
Visa Invested Capital 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=invested-capital&ticker=V&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();