Visa (V) Return on Capital Employed (2009 - 2026)
Visa (V) posted Return on Capital Employed of 39.33% for Q1 2026, up 7.14% quarter-over-quarter from 36.71% in Q4 2025, and up 69.0% year-on-year from 23.27% in Q1 2025.
Visa (V) Return on Capital Employed (2009 - 2026) Analysis & Trends
Visa (V) has reported Return on Capital Employed for 18 consecutive years, with 39.33% the latest figure, recorded in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 39.33%, up 69.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.33% (up 69.0% YoY), and the FY2025 annual result was 38.69%, up 293.0% from the prior year.
- Return on Capital Employed was 39.33% for Q1 2026 at Visa, up from 36.71% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 39.33% in Q1 2026 and troughed at 28.43% in Q1 2022.
- Average Return on Capital Employed over 5 years is 33.36%, with a median of 32.0% recorded in 2023.
- Year-over-year, Return on Capital Employed jumped 836 bps in 2022 and sank 53 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 28.94% in 2022, then climbed by 11 bps to 32.0% in 2023, then rose by 16 bps to 37.24% in 2024, then dropped by 1 bps to 36.71% in 2025, then grew by 7 bps to 39.33% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 39.33% in Q1 2026, 36.71% in Q4 2025, and 37.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 39.33% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 64.72% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | - |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 18.41% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | - |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | - |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | - |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | - |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | - |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 62.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 21.70% |