Visa (V) Tax Rate (2009 - 2026)
Visa's (V) quarterly Tax Rate came in at 17.64% in Q2 2026, up 88.0% YoY from 9.38% in Q2 2025, and up 9.73% on a QoQ basis from 16.07% in Q1 2026.
Analysis
Visa (V) Tax Rate (2009 - 2026) Analysis & Trends
Visa (V) has 18 years of Tax Rate data on file, last reported at 17.64% in Q2 2026.
- Quarterly Tax Rate rose 88.0% year-over-year to 17.64% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 16.19% (down 48.0% YoY) and the FY2025 annual result came in at 17.1%, down 35.0% from the prior year.
- Tax Rate rose to 17.64% in Q2 2026, from 16.07% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.7% in Q1 2022 to a low of 10.92% in Q2 2022.
- A 5-year average of 16.99% and a median of 17.19% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 3041 bps — and 2023, when it soared 832 bps.
- Tracing V's Tax Rate over 5 years: stood at 16.03% in 2022, then advanced by 19 bps to 19.07% in 2023, then decreased by 9 bps to 17.44% in 2024, then declined by 26 bps to 12.98% in 2025, then surged by 36 bps to 17.64% in 2026.
- The last three Tax Rate figures came in at 17.64% (Q2 2026), 16.07% (Q1 2026), and 12.98% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 17.64% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 20.01% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 23.61% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 20.90% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 15.73% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | -856.07% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 25.38% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 23.36% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 23.65% |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 26.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.64 |
| Jun 30, 2026 | 17.64 |
| Jun 30, 2026 | 17.64 |
| Mar 31, 2026 | 16.07 |
| Mar 31, 2026 | 16.07 |
| Mar 31, 2026 | 16.07 |
| Dec 31, 2025 | 12.98 |
| Dec 31, 2025 | 12.98 |
| Dec 31, 2025 | 12.98 |
| Sep 30, 2025 | 18.21 |
| Sep 30, 2025 | 18.21 |
| Sep 30, 2025 | 18.21 |
| Jun 30, 2025 | 16.75 |
| Jun 30, 2025 | 16.75 |
| Jun 30, 2025 | 16.75 |
| Mar 31, 2025 | 15.83 |
| Mar 31, 2025 | 15.83 |
| Mar 31, 2025 | 15.83 |
| Dec 31, 2024 | 17.44 |
| Dec 31, 2024 | 17.44 |