Visa V Return on invested capital

Return on invested capital at other companies

American ExpressAXP

49.1%-10.0pp

MastercardMA

89.7%+5.6pp

PayPal Holdings, Inc.PYPL

52.2%+20.3pp

U.S. BancorpUSB

21.1%-6.5pp

Fidelity National Information ServicesFIS

4.8%-0.3pp

MarqetaMQ

-66%-133pp

FAQ

What is Visa's return on invested capital?

Visa (V) reported return on invested capital of 51.3% in Q2 2026.

How has Visa's return on invested capital changed year-over-year?

Visa's return on invested capital increased by 9.4% year-over-year, from 46.9% to 51.3%.

What is the long-term trend for Visa's return on invested capital?

Over 4 years (2021 to 2025), Visa's return on invested capital has grown at a 12.0% compound annual growth rate (CAGR), from 29.5% to 46.5%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.