VISA INC. (V) Stock Analysis

VISA INC. (V) Stock Analysis

Analysis from 10-K filed 2025-11-06. Data as of Q4 2025.

Overall Grade: F (Concerning)

VISA INC. faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC 37.8% Above industry average
FCF Margin 55.4% Strong cash generation

Investment Thesis: Strong return on invested capital of 37.8% suggests durable competitive advantages and efficient capital allocation.

Explore VISA INC.: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: VISA INC. earns 37.8% ROIC, Top 5% in Technology

VISA INC.'s trailing-twelve-month ROIC of 37.8% ranks Top 5% in Technology companies (sector median: 5.2%), driven by NOPAT margin of 49.8% combined with asset turnover of 0.4x. Source: 10-K filed 2025-11-06.

Metric V Rating Context
Return on Invested Capital (ROIC) 37.8% Excellent Above sector median of 5.2%
Operating Margin 59.2% Excellent Efficient operations

Cash Flow: VISA INC. generates $22.9B FCF at 55.4% margin, positive NaN/8 quarters

VISA INC. generated $22.9B in free cash flow (TTM), a 55.4% FCF margin, a margin that ranks Top 5% in Technology. Operating cash flow exceeds net income by 1.2x, indicating high earnings quality. FCF was positive in N/A of the last 8 quarters. Source: 10-K filed 2025-11-06.

Metric V Rating Context
Free Cash Flow Margin 55.4% Excellent Excellent cash conversion
Free Cash Flow (TTM) $22.9B Good Positive cash generation
OCF/Net Income 1.2x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet Analysis for VISA INC.

Net cash position of $2.0B provides financial flexibility. Source: 10-K filed 2025-11-06.

Metric V Rating Context
Net Cash Position $2.0B Excellent Net cash positive

Valuation: VISA INC. trades at 32.8x earnings

VISA INC. trades at a P/E of 32.8x. Free cash flow yield of 3.4% reflects market expectations for growth.

Metric V Rating Context
P/E Ratio 32.8x Adequate Premium valuation
EV/Sales 16.5x Warning Growth premium priced in
FCF Yield 3.4% Adequate Lower cash yield
Dividend Yield 0.5% Adequate Growth focus over income

Capital Allocation: VISA INC. returns 3.2% shareholder yield

VISA INC.'s total shareholder yield is 3.2% (dividends 0.5% + buybacks 2.6%). Source: 10-K filed 2025-11-06.

Metric V Rating Context
Total Shareholder Yield 3.2% Good Dividend + buyback yield combined
Buyback Yield 2.6% Adequate Active share repurchases
Total Capital Returned (TTM) $22.8B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 37.8% Top 5% 7.3x above
Free Cash Flow Margin 55.4% Top 5% 6.1x above
Operating Margin 59.2% Top 5% 12.2x above
P/E Ratio 32.8x N/A -

Financial Scorecard

Metric V Rating Sector Context
Return on Invested Capital (ROIC) 37.8% Excellent Top 5% of sector (median: 5.2%)
Free Cash Flow Margin 55.4% Excellent Top 5% of sector (median: 9.1%)
P/E Ratio (Price-to-Earnings) 32.8x Adequate Growth premium
Free Cash Flow Yield 3.4% Adequate Moderate yield

Frequently Asked Questions

Q: What is VISA INC.'s Return on Invested Capital (ROIC)?

VISA INC. (V) has a trailing twelve-month Return on Invested Capital (ROIC) of 37.8%. This compares above the sector median of 5.2%. An ROIC above 20% indicates exceptional capital efficiency and strong competitive advantages.

Q: What is VISA INC.'s Free Cash Flow Margin?

VISA INC. (V) has a free cash flow margin of 55.4%, generating $22.9 billion in free cash flow over the trailing twelve months. A FCF margin above 20% indicates excellent cash conversion and a high-quality business model.

Q: Is VISA INC. stock overvalued or undervalued?

VISA INC. (V) trades at a P/E ratio of 32.8x, which is above the sector median of N/A. The EV/Sales multiple is 16.5x. Free cash flow yield is 3.4%, which is in line with market averages.

Q: Does VISA INC. pay a dividend?

VISA INC. (V) currently pays a dividend yield of 0.5%. Including share buybacks, the total shareholder yield is 3.2%. The relatively low yield suggests the company prioritizes growth reinvestment over income distribution.

Q: What is VISA INC.'s revenue and earnings growth?

VISA INC. (V) grew revenue by 12.5% year-over-year. Earnings per share increased by 7.3% compared to the prior year. Solid growth above 10% suggests healthy business momentum.

Q: Is VISA INC. buying back stock?

VISA INC. (V) repurchased $18.0 billion of stock over the trailing twelve months. This represents a buyback yield of 2.6%.

Q: How does VISA INC. compare to competitors in Technology?

Compared to other companies in Technology, VISA INC. (V) shows: ROIC of 37.8% is above the sector median of 5.2% (Top 0%). FCF margin of 55.4% exceeds the sector median of 9.1% (Top 0% of sector). These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.

Q: What warning signs should I watch for with VISA INC.?

VISA INC. (V) shows no major financial warning signs based on current metrics. However, investors should always monitor: 1) Margin compression trends, 2) Cash flow consistency, 3) Debt levels relative to cash generation, and 4) Changes in competitive positioning.


Data Source: Data sourced from 10-K filed 2025-11-06. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.