-
Income Statement
-
Balance Sheet
-
Cashflow Statement
-
Profitability
-
Ratios
Visa's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$24.11 B | $29.31 B | $32.65 B | $35.93 B | $40.00 B |
| Cost of Revenue |
|
$4.97 B | $5.73 B | $6.57 B | $7.04 B | $9.08 B |
| Gross Profit |
|
$19.14 B | $23.58 B | $26.09 B | $28.88 B | $30.93 B |
| Research & Development |
|
- | - | - | - | - |
| Selling,General & Administrative |
|
$2.52 B | $3.04 B | $3.22 B | $3.79 B | $4.37 B |
| Operating Expense |
|
$3.33 B | $4.76 B | $5.09 B | $5.29 B | $4.37 B |
| Operating Income |
|
$15.80 B | $18.81 B | $21.00 B | $23.60 B | $26.56 B |
| Net Income |
|
$12.31 B | $14.96 B | $17.27 B | $19.74 B | $20.06 B |
Visa's Assets vs Liabilities & Equity
Visa's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$18.51 B | $18.52 B | $20.13 B | $15.18 B | $21.99 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$27.61 B | $30.21 B | $33.53 B | $34.03 B | $37.77 B |
| Property,Plant and Equipment |
|
$2.72 B | $3.22 B | $3.43 B | $3.82 B | $4.24 B |
| Goodwill |
|
$15.96 B | $17.79 B | $18.00 B | $18.94 B | $19.88 B |
| Total Assets |
|
$82.90 B | $85.50 B | $90.50 B | $94.51 B | $99.63 B |
| Total Liabilities |
|
$45.31 B | $49.92 B | $51.77 B | $55.37 B | $61.72 B |
| Retained Earnings |
|
$15.35 B | $16.12 B | $18.04 B | $17.29 B | $15.11 B |
| Total Shareholder Equity |
|
$37.59 B | $35.58 B | $38.73 B | $39.14 B | $37.91 B |
| Common Stock |
|
$21.94 B | $21.87 B | - | - | - |
Visa's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$804.00 M | $861.00 M | $943.00 M | $1.03 B | $1.22 B |
| Dividends Payout |
|
-$2.80 B | -$3.20 B | -$3.75 B | -$4.22 B | -$4.63 B |
| Capital Expenditures (Capex) |
|
-$705.00 M | -$970.00 M | -$1.06 B | -$1.26 B | -$1.48 B |
| Free Cash Flow (FCF) |
|
$14.52 B | $17.88 B | $19.70 B | $18.69 B | $21.58 B |
Visa's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$19.14 B | $23.58 B | $26.09 B | $28.88 B | $30.93 B |
| Gross Profit Margin (%) |
|
79.38% | 80.44% | 79.89% | 80.40% | 80.36% |
| Operating Income |
|
$15.80 B | $18.81 B | $21.00 B | $23.60 B | $26.56 B |
| Operating Income Margin (%) |
|
65.56% | 64.19% | 64.31% | 65.68% | 59.99% |
| Net Income |
|
$12.31 B | $14.96 B | $17.27 B | $19.74 B | $20.06 B |
| Net Income Margin (%) |
|
51.07% | 51.03% | 52.90% | 54.95% | 50.15% |
| EBITDA |
|
$17.38 B | $19.54 B | $22.62 B | $25.59 B | $26.00 B |
| EBITDA Margin (%) |
|
72.10% | 66.65% | 69.29% | 71.23% | 65.01% |
Visa's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
32.75% | 42.04% | 44.60% | 50.45% | 52.91% |
| Return on Assets (ROA) |
|
14.85% | 17.49% | 19.09% | 20.89% | 20.13% |
| Debt to Equity |
|
55.81% | 63.10% | 54.17% | 53.24% | 66.40% |
| Debt to total asset |
|
25.31% | 26.26% | 23.18% | 22.05% | 25.27% |
| Enterprise value to revenue |
|
19.87 | 13.18 | 14.83 | 15.78 | 16.66 |
| Enterprise value to EBITDA |
|
27.56 | 19.77 | 21.40 | 22.15 | 25.62 |
| Enterprise value |
|
$479.01 B | $386.22 B | $484.27 B | $566.73 B | $666.24 B |
| Tax Rate (%) |
|
23.36% | 17.53% | 17.89% | 17.45% | 17.10% |
Frequently Asked Questions
