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Visa V Price / earnings

Price / earnings at other companies

American Express logo
American ExpressAXP
18.5×+0.1×
Mastercard logo
MastercardMA
28.6×-9.4×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
8.2×-6.0×
U.S. Bancorp logo
U.S. BancorpUSB
10.3×+0.5×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
-39.2×
Corpay logo
CorpayCPAY
16.8×-7.3×

Other financials

Income statement

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Revenue$11.2B+17.1%
Operating income$7.2B+33.1%
Net income$6.0B+31.6%

Balance sheet

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Cash & equivalents$18.7B-2.3%
Total debt$25.5B+3.3%
Total equity$35.7B-6.2%
Total assets$95.0B+2.4%

Cash flow

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Operating cash flow$3.0B-35.9%
CapEx$383.0M+17.1%
Free cash flow$2.6B-39.9%

Valuation

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Market cap$628.3B-14.0%
Enterprise value$635.13B-13.7%
P/S14.6×-4.8×

Profitability

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Operating margin61.1%-2.6pp
Net margin51.7%-1.2pp

Returns & leverage

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Return on equity60.3%+9.7pp
Debt / equity0.7×+0.1×
Current ratio1.1×0.0×

Where this comes from

Calculated from Visa’s reported figures.

Based on the most recent quarter.

The official record: Visa’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Visa's price / earnings?
Visa (V) reported price / earnings of 26.1× in Q1 2026.
How has Visa's price / earnings changed year-over-year?
Visa's price / earnings decreased by 23.1% year-over-year, from 34× to 26.1×.
What is the long-term trend for Visa's price / earnings?
Over 4 years (2021 to 2025), Visa's price / earnings has grown at a -6.7% compound annual growth rate (CAGR), from 173.6× to 131.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.