Visa (V) Tax Rate (2009 - 2026)
Visa posted quarterly Tax Rate of 16.07% for Q1 2026, up 24.0% year-on-year from 12.96% in Q1 2025, and up 23.83% on a QoQ basis from 12.98% in Q4 2025.
Visa (V) Tax Rate (2009 - 2026) Analysis & Trends
Visa (V) has 18 years of Tax Rate data on file, last reported at 16.07% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 24.0% year-over-year to 16.07%; the trailing twelve-month figure through Mar 2026 stood at 15.95% (down 119.0% YoY), and the FY2025 full-year result was 17.1%, down 35.0% from the prior year.
- Tax Rate for Q1 2026 stood at 16.07%, up from 12.98% in the prior quarter.
- Across five years, Tax Rate topped out at 19.7% in Q1 2022 and bottomed at 10.92% in Q2 2022.
- The 5-year median for Tax Rate is 16.94% (2023), against an average of 16.95%.
- The widest annual swing landed in 2022, when Tax Rate sank 3041 bps; it then soared 832 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 16.03% in 2022, then climbed by 19 bps to 19.07% in 2023, then slipped by 9 bps to 17.44% in 2024, then fell by 26 bps to 12.98% in 2025, then advanced by 24 bps to 16.07% in 2026.
- The last three Tax Rate figures came in at 16.07% (Q1 2026), 12.98% (Q4 2025), and 18.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 539.53 Bn | 527.13 Bn | - | 16.07 |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | 19.33 |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 21.36 |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 19.19 |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | 20.10 |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | 4.19 |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 23.11 |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 16.45 |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | 20.25 |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn | 22.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.07% |
| Mar 31, 2026 | 16.07% |
| Dec 31, 2025 | 12.98% |
| Dec 31, 2025 | 12.98% |
| Sep 30, 2025 | 18.21% |
| Sep 30, 2025 | 18.21% |
| Jun 30, 2025 | 16.75% |
| Jun 30, 2025 | 16.75% |
| Mar 31, 2025 | 15.83% |
| Mar 31, 2025 | 15.83% |
| Dec 31, 2024 | 17.44% |
| Dec 31, 2024 | 17.44% |
| Sep 30, 2024 | 16.54% |
| Sep 30, 2024 | 16.54% |
| Jun 30, 2024 | 18.65% |
| Jun 30, 2024 | 18.65% |
| Mar 31, 2024 | 15.42% |
| Mar 31, 2024 | 15.42% |
| Dec 31, 2023 | 19.07% |
| Dec 31, 2023 | 19.07% |