Visa (V) Return on Capital Employed (2009 - 2026)

Visa's (V) quarterly Return on Capital Employed came in at 42.61% in Q2 2026, up 360.0% YoY from 9.26% in Q2 2025, and up 8.34% on a QoQ basis from 39.33% in Q1 2026.

Visa (V) Return on Capital Employed (2009 - 2026) Analysis & Trends

Visa (V) has 18 years of Return on Capital Employed data on file, last reported at 42.61% in Q2 2026.

  • Quarterly Return on Capital Employed rose 360.0% year-over-year to 42.61% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 42.61% (up 360.0% YoY) and the FY2025 annual result came in at 38.69%, up 293.0% from the prior year.
  • Return on Capital Employed climbed to 42.61% in Q2 2026, from 39.33% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 42.61% in Q2 2026 to a low of 28.43% in Q1 2022.
  • A 5-year average of 33.87% and a median of 32.49% in 2024 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed surged 836 bps — and 2025, when it tumbled 53 bps.
  • Tracing V's Return on Capital Employed over 5 years: stood at 28.94% in 2022, then rose by 11 bps to 32.0% in 2023, then climbed by 16 bps to 37.24% in 2024, then retreated by 1 bps to 36.71% in 2025, then climbed by 16 bps to 42.61% in 2026.
  • The last three Return on Capital Employed figures came in at 42.61% (Q2 2026), 39.33% (Q1 2026), and 36.71% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 42.61%
2 Mastercard 506.53 Bn 493.04 Bn - 68.07%
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn -
4 Capital One Financial 136.19 Bn 81.48 Bn - -
5 PayPal Holdings 52.34 Bn 41.08 Bn - 17.89%
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - -
8 Affirm Holdings 25.93 Bn 24.20 Bn - -
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 42.61%
Mar 31, 2026 39.33%
Dec 31, 2025 36.71%
Sep 30, 2025 37.04%
Jun 30, 2025 39.02%
Mar 31, 2025 38.65%
Dec 31, 2024 37.24%
Sep 30, 2024 35.61%
Jun 30, 2024 32.99%
Mar 31, 2024 31.96%
Dec 31, 2023 32.00%
Sep 30, 2023 31.45%
Jun 30, 2023 30.76%
Mar 31, 2023 29.36%
Dec 31, 2022 28.94%
Sep 30, 2022 29.12%
Jun 30, 2022 28.50%
Mar 31, 2022 28.43%
Dec 31, 2021 26.21%
Sep 30, 2021 23.57%