Visa Inc. - Understand $v stock

$V Market Cap: $607.3 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$35.93B

TTM

Gross Margin

80.39%

TTM

Net Earnings

$19.60B

TTM

Current Assets

$34.03B

Q3 2024

Current Liabilities

$26.52B

Q3 2024

Current Ratio

128.34%

Q3 2024

Total Assets

$94.51B

Q3 2024

Total Liabilities

$55.37B

Q3 2024

Book Value

$39.14B

Q3 2024

Cash

$11.98B

Q3 2024

P/E

30.98

Nov 29, 2024 EST

Free Cash Flow

$18.69B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$35.93B	$32.65B	$29.31B	$24.11B	$21.85B	$22.98B	$20.61B	$18.36B	$15.08B	$13.88B	$12.70B	$11.78B	$10.42B	$9.188B	$8.065B	$6.911B	$6.263B	$3.590B	$2.948B	$2.665B	$2.429B
YoY Change	10.02%	11.41%	21.59%	10.34%	-4.92%	11.49%	12.26%	21.72%	8.66%	9.27%	7.85%	13.02%	13.42%	13.92%	16.7%	10.35%	74.46%	21.78%	10.62%	9.72%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$35.93B	$32.65B	$29.31B	$24.11B	$21.85B	$22.98B	$20.61B	$18.36B	$15.08B	$13.88B	$12.70B	$11.78B	$10.42B	$9.188B	$8.065B	$6.911B	$6.263B	$3.590B	$2.948B	$2.665B	$2.429B
Cost Of Revenue	$7.042B	$6.567B	$5.708B	$4.970B	$4.512B	$4.165B	$3.856B	$3.248B	$2.764B	$2.553B	$2.382B	$1.932B	$1.726B	$1.459B	$1.222B	$1.228B	$1.314B	$721.0M	$671.0M	$619.0M	$718.0M
Gross Profit	$28.88B	$26.09B	$23.60B	$19.14B	$17.33B	$18.81B	$16.75B	$15.11B	$12.32B	$11.33B	$10.32B	$9.846B	$8.695B	$7.729B	$6.843B	$5.683B	$4.949B	$2.869B	$2.277B	$2.046B	$1.711B
Gross Profit Margin	80.4%	79.89%	80.53%	79.38%	79.35%	81.87%	81.29%	82.31%	81.67%	81.61%	81.25%	83.6%	83.44%	84.12%	84.85%	82.23%	79.02%	79.92%	77.24%	76.77%	70.44%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Selling, General & Admin	$3.793B	$3.216B	$3.000B	$2.524B	$2.475B	$2.755B	$2.579B	$2.391B	$2.054B	$1.755B	$1.735B	$2.207B	$2.123B	$1.978B	$2.034B	$1.917B	$2.010B	$1.539B	$1.386B	$1.461B	$1.244B
YoY Change	17.94%	7.2%	18.86%	1.98%	-10.16%	6.82%	7.86%	16.41%	17.04%	1.15%	-21.39%	3.96%	7.33%	-2.75%	6.1%	-4.63%	30.6%	11.04%	-5.13%	17.44%
% of Gross Profit	13.13%	12.33%	12.71%	13.19%	14.28%	14.64%	15.39%	15.82%	16.67%	15.49%	16.81%	22.42%	24.42%	25.59%	29.72%	33.73%	40.61%	53.64%	60.87%	71.41%	72.71%
Research & Development	$778.0M	$736.0M	$743.0M	$730.0M	$727.0M	$721.0M	$686.0M	$620.0M	$538.0M	$474.0M	$507.0M	$468.0M	$414.0M	$357.0M	$425.0M			$249.0M
YoY Change	5.71%	-0.94%	1.78%	0.41%	0.83%	5.1%	10.65%	15.24%	13.5%	-6.51%	8.33%	13.04%	15.97%	-16.0%
% of Gross Profit	2.69%	2.82%	3.15%	3.81%	4.19%	3.83%	4.09%	4.1%	4.37%	4.18%	4.91%	4.75%	4.76%	4.62%	6.21%			8.68%
Depreciation & Amortization	$1.034B	$943.0M	$861.0M	$804.0M	$767.0M	$656.0M	$613.0M	$556.0M	$502.0M	$494.0M	$435.0M	$397.0M	$333.0M	$288.0M	$265.0M	$226.0M	$237.0M	$126.0M	$138.0M	$119.0M	$98.00M
YoY Change	9.65%	9.52%	7.09%	4.82%	16.92%	7.01%	10.25%	10.76%	1.62%	13.56%	9.57%	19.22%	15.63%	8.68%	17.26%	-4.64%	88.1%	-8.7%	15.97%	21.43%
% of Gross Profit	3.58%	3.61%	3.65%	4.2%	4.42%	3.49%	3.66%	3.68%	4.08%	4.36%	4.22%	4.03%	3.83%	3.73%	3.87%	3.98%	4.79%	4.39%	6.06%	5.82%	5.73%
Operating Expenses	$778.0M	$736.0M	$743.0M	$730.0M	$727.0M	$721.0M	$686.0M	$620.0M	$538.0M	$474.0M	$507.0M	$468.0M	$414.0M	$357.0M	$425.0M	$2.143B	$2.247B	$249.0M	$1.524B	$1.461B	$1.244B
YoY Change	5.71%	-0.94%	1.78%	0.41%	0.83%	5.1%	10.65%	15.24%	13.5%	-6.51%	8.33%	13.04%	15.97%	-16.0%	-80.17%	-4.63%	802.41%	-83.66%	4.31%	17.44%
Operating Profit	$23.60B	$21.00B	$18.81B	$15.80B	$14.08B	$15.00B	$12.95B	$12.14B	$7.883B	$9.064B	$7.697B	$7.239B	$2.139B	$5.456B	$4.589B	$3.540B	$2.702B	-$1.449B	$753.0M	$585.0M	$467.0M
YoY Change	12.36%	11.62%	19.04%	12.24%	-6.13%	15.8%	6.67%	54.05%	-13.03%	17.76%	6.33%	238.43%	-60.8%	18.89%	29.63%	31.01%	-286.47%	-292.43%	28.72%	25.27%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Interest Expense	$307.0M	$19.00M	-$765.0M	$218.0M	-$516.0M	-$533.0M	-$612.0M	-$563.0M	-$427.0M			$37.00M	-$29.00M	$32.00M	$72.00M	$460.0M	$69.00M	$81.00M	-$8.000M	$3.000M	-$75.00M
YoY Change	1515.79%	-102.48%	-450.92%	-142.25%	-3.19%	-12.91%	8.7%	31.85%				-227.59%	-190.63%	-55.56%	-84.35%	566.67%	-14.81%	-1112.5%	-366.67%	-104.0%
% of Operating Profit	1.3%	0.09%	-4.07%	1.38%	-3.66%	-3.55%	-4.72%	-4.64%	-5.42%			0.51%	-1.36%	0.59%	1.57%	12.99%	2.55%		-1.06%	0.51%	-16.06%
Other Income/Expense, Net	$321.0M	$37.00M	-$677.0M	$259.0M	-$291.0M	-$117.0M	-$148.0M	-$450.0M	$129.0M	-$69.00M	$27.00M	$18.00M	$68.00M	$200.0M	$49.00M	$2.000M	$35.00M	$62.00M	$0.00
YoY Change	767.57%	-105.47%	-361.39%	-189.0%	148.72%	-20.95%	-67.11%	-448.84%	-286.96%	-355.56%	50.0%	-73.53%	-66.0%	308.16%	2350.0%	-94.29%	-43.55%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Pretax Income	$23.92B	$21.04B	$18.14B	$16.06B	$13.79B	$14.88B	$12.81B	$11.69B	$8.012B	$8.995B	$6.140B	$5.992B	$1.030B	$4.650B	$3.973B	$4.000B	$1.336B	-$1.387B	$722.0M	$456.0M	$355.0M
YoY Change	13.69%	16.0%	12.91%	16.48%	-7.35%	16.23%	9.51%	45.96%	-10.93%	46.5%	2.47%	481.75%	-77.85%	17.04%	-0.68%	199.4%	-196.32%	-292.11%	58.33%	28.45%
Income Tax	$4.173B	$3.764B	$3.179B	$3.752B	$2.924B	$2.804B	$2.505B	$4.995B	$2.021B	$2.667B	$2.286B	$2.277B	$65.00M	$2.010B	$1.674B	$1.648B	$532.0M	-$316.0M	$251.0M	$183.0M	$133.0M
% Of Pretax Income	17.45%	17.89%	17.53%	23.36%	21.2%	18.84%	19.56%	42.71%	25.22%	29.65%	37.23%	38.0%	6.31%	43.23%	42.13%	41.2%	39.82%		34.76%	40.13%	37.46%
Net Earnings	$19.74B	$17.27B	$14.96B	$12.31B	$10.87B	$12.08B	$10.30B	$6.699B	$5.991B	$6.328B	$5.438B	$4.980B	$2.144B	$3.650B	$2.966B	$2.353B	$804.0M	-$1.076B	$455.0M	$360.0M	$210.0M
YoY Change	14.3%	15.48%	21.49%	13.3%	-10.05%	17.27%	53.77%	11.82%	-5.33%	16.37%	9.2%	132.28%	-41.26%	23.06%	26.05%	192.66%	-174.72%	-336.48%	26.39%	71.43%
Net Earnings / Revenue	54.95%	52.9%	51.03%	51.07%	49.74%	52.57%	49.98%	36.49%	39.72%	45.59%	42.81%	42.28%	20.57%	39.73%	36.78%	34.05%	12.84%	-29.97%	15.43%	13.51%	8.65%
Basic Earnings Per Share
Diluted Earnings Per Share	$9.58	$8.14	$7.002M	$5.627M	$4.326M	$5.317M	$4.423M	$2.797M	$2.482M	$2.575M	$2.155M	$1.898M	$790.6K	$1.291M	$676.6K	$697.0K	$227.9K	-$333.9K	$141.2K	$111.7K	$65.16K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$15.18B	$20.13B	$18.52B	$18.51B	$20.04B	$12.07B	$11.71B	$13.44B	$8.938B	$6.015B	$3.950B	$4.255B	$2.817B	$3.398B	$4.051B	$4.801B	$6.287B	$1.022B	$931.0M	$817.0M
YoY Change	-24.61%	8.67%	0.05%	-7.63%	65.98%	3.12%	-12.87%	50.35%	48.6%	52.28%	-7.17%	51.05%	-17.1%	-16.12%	-15.62%	-23.64%	515.17%	9.77%	13.95%
Cash & Equivalents	$11.98B	$16.29B	$15.69B	$16.49B	$16.29B	$7.838B	$8.162B	$9.874B	$5.619B	$3.518B	$1.971B	$2.186B	$2.074B	$2.127B	$3.867B	$4.617B	$4.979B	$275.0M	$270.0M	$135.0M
Short-Term Investments	$3.200B	$3.842B	$2.833B	$2.025B	$3.752B	$4.236B	$3.547B	$3.564B	$3.319B	$2.497B	$1.979B	$2.069B	$743.0M	$1.271B	$184.0M	$184.0M	$1.308B	$747.0M	$660.0M	$681.0M
Other Short-Term Assets	$11.84B	$8.930B	$7.731B	$5.369B	$4.722B	$4.306B	$3.717B	$3.031B	$2.635B	$2.674B	$3.913B	$1.865B	$7.613B	$4.708B	$3.665B	$3.256B	$3.309B	$1.025B	$371.0M	$399.0M
YoY Change	32.62%	15.51%	43.99%	13.7%	9.66%	15.85%	22.63%	15.03%	-1.46%	-31.66%	109.81%	-75.5%	61.7%	28.46%	12.56%	-1.6%	222.83%	176.28%	-7.02%
Inventory
Prepaid Expenses
Receivables	$2.561B	$2.291B	$2.020B	$1.968B	$1.618B	$1.542B	$1.208B	$1.132B	$1.041B	$847.0M	$822.0M	$761.0M	$723.0M	$560.0M	$476.0M	$444.0M	$342.0M	$245.0M	$217.0M	$198.0M
Other Receivables	$4.454B	$2.183B	$1.932B	$1.758B	$1.264B	$3.048B	$1.582B	$1.422B	$1.699B	$485.0M	$877.0M	$941.0M	$633.0M	$524.0M	$542.0M	$740.0M	$1.236B	$215.0M	$75.00M	$64.00M
Total Short-Term Assets	$34.03B	$33.53B	$30.21B	$27.61B	$27.65B	$20.97B	$18.22B	$19.02B	$14.31B	$10.02B	$9.562B	$7.822B	$11.79B	$9.190B	$8.734B	$9.241B	$11.17B	$2.507B	$1.594B	$1.478B
YoY Change	1.49%	11.01%	9.41%	-0.14%	31.83%	15.12%	-4.24%	32.91%	42.83%	4.8%	22.24%	-33.63%	28.25%	5.22%	-5.49%	-17.3%	345.71%	57.28%	7.85%
Property, Plant & Equipment	$4.697B	$3.913B	$3.703B	$3.230B	$2.737B	$2.695B	$2.472B	$2.253B	$2.150B	$1.888B	$1.892B	$1.732B	$1.634B	$1.541B	$1.357B	$1.204B	$1.080B	$313.0M	$281.0M	$320.0M
YoY Change	20.04%	5.67%	14.64%	18.01%	1.56%	9.02%	9.72%	4.79%	13.88%	-0.21%	9.24%	6.0%	6.04%	13.56%	12.71%	11.48%	245.05%	11.39%	-12.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.545B	$1.921B	$2.136B	$1.705B	$231.0M	$2.157B	$4.082B	$1.926B	$3.977B	$3.429B	$3.050B	$2.790B	$3.369B	$811.0M	$138.0M	$270.0M	$836.0M	$968.0M	$702.0M	$492.0M
YoY Change	32.48%	-10.07%	25.28%	638.1%	-89.29%	-47.16%	111.94%	-51.57%	15.98%	12.43%	9.32%	-17.19%	315.41%	487.68%	-48.89%	-67.7%	-13.64%	37.89%	42.68%
Other Assets	$7.406B	$7.032B	$6.605B	$6.732B	$6.588B	$4.316B	$1.703B	$1.817B	$564.0M	$216.0M	$304.0M	$327.0M	$123.0M	$114.0M	$254.0M	$475.0M	$795.0M	$602.0M	$387.0M	$455.0M
YoY Change	5.32%	6.46%	-1.89%	2.19%	52.64%	153.44%	-6.27%	222.16%	161.11%	-28.95%	-7.03%	165.85%	7.89%	-55.12%	-46.53%	-40.25%	32.06%	55.56%	-14.95%
Total Long-Term Assets	$60.48B	$56.97B	$55.30B	$55.29B	$53.27B	$51.60B	$51.01B	$48.95B	$49.72B	$29.35B	$29.01B	$28.13B	$28.23B	$25.57B	$24.67B	$23.04B	$23.81B	$1.883B	$1.370B	$1.267B
YoY Change	6.16%	3.02%	0.01%	3.78%	3.24%	1.17%	4.2%	-1.54%	69.43%	1.17%	3.1%	-0.33%	10.39%	3.63%	7.09%	-3.22%	1164.31%	37.45%	8.13%
Total Assets	$94.51B	$90.50B	$85.50B	$82.90B	$80.92B	$72.57B	$69.23B	$67.98B	$64.04B	$39.37B	$38.57B	$35.96B	$40.01B	$34.76B	$33.41B	$32.28B	$34.98B	$4.390B	$2.964B	$2.745B
YoY Change
Accounts Payable	$479.0M	$375.0M	$340.0M	$266.0M	$174.0M	$156.0M	$183.0M	$179.0M	$203.0M	$127.0M	$147.0M	$184.0M	$152.0M	$169.0M	$137.0M	$156.0M	$159.0M	$99.00M	$119.0M	$128.0M
YoY Change	27.73%	10.29%	27.82%	52.87%	11.54%	-14.75%	2.23%	-11.82%	59.84%	-13.61%	-20.11%	21.05%	-10.06%	23.36%	-12.18%	-1.89%	60.61%	-16.81%	-7.03%
Accrued Expenses	$8.174B	$8.272B	$6.541B	$4.528B	$3.575B	$3.624B	$3.495B	$2.868B	$2.782B	$2.121B	$2.303B	$936.0M	$5.226B	$1.166B	$1.317B	$2.159B	$3.387B	$2.827B	$624.0M	$522.0M
YoY Change	-1.18%	26.46%	44.46%	26.66%	-1.35%	3.69%	21.86%	3.09%	31.16%	-7.9%	146.05%	-82.09%	348.2%	-11.47%	-39.0%	-36.26%	19.81%	353.04%	19.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.508B	$0.00	$0.00	$0.00
YoY Change																-100.0%
Long-Term Debt Due		$0.00	$2.250B	$999.0M	$2.999B		$0.00	$1.749B						$0.00	$12.00M	$12.00M	$51.00M	$41.00M	$32.00M	$32.00M
YoY Change		-100.0%	125.23%	-66.69%			-100.0%							-100.0%	0.0%	-76.47%	24.39%	28.13%	0.0%
Total Short-Term Liabilities	$26.52B	$23.10B	$20.85B	$15.74B	$14.51B	$13.42B	$11.31B	$9.994B	$8.046B	$5.355B	$6.006B	$4.335B	$7.954B	$3.451B	$3.498B	$4.442B	$7.165B	$3.282B	$1.393B	$1.325B
YoY Change	14.8%	10.77%	32.49%	8.47%	8.16%	18.66%	13.12%	24.21%	50.25%	-10.84%	38.55%	-45.5%	130.48%	-1.34%	-21.25%	-38.0%	118.31%	135.61%	5.13%
Long-Term Debt	$20.84B	$20.46B	$20.20B	$19.98B	$21.07B	$16.73B	$16.63B	$16.62B	$15.88B	$0.00	$0.00	$0.00	$0.00	$0.00	$32.00M	$44.00M	$55.00M	$0.00	$41.00M	$74.00M
YoY Change	1.82%	1.3%	1.11%	-5.19%	25.95%	0.6%	0.07%	4.63%						-100.0%	-27.27%	-20.0%		-100.0%	-44.59%
Other Long-Term Liabilities	$2.720B	$3.091B	$3.535B	$3.462B	$3.891B	$2.939B	$2.666B	$2.625B	$2.387B	$897.0M	$1.005B	$602.0M	$371.0M	$667.0M	$683.0M	$795.0M	$1.673B	$1.571B	$909.0M	$1.199B
YoY Change	-12.0%	-12.56%	2.11%	-11.03%	32.39%	10.24%	1.56%	9.97%	166.11%	-10.75%	66.94%	62.26%	-44.38%	-2.34%	-14.09%	-52.48%	6.49%	72.83%	-24.19%
Total Long-Term Liabilities	$23.56B	$23.55B	$23.74B	$23.44B	$24.96B	$19.67B	$19.30B	$19.24B	$18.27B	$897.0M	$1.005B	$602.0M	$371.0M	$667.0M	$715.0M	$839.0M	$1.728B	$1.571B	$950.0M	$1.273B
YoY Change	0.01%	-0.76%	1.26%	-6.1%	26.92%	1.93%	0.28%	5.33%	1936.68%	-10.75%	66.94%	62.26%	-44.38%	-6.71%	-14.78%	-51.45%	9.99%	65.37%	-25.37%
Total Liabilities	$55.37B	$51.77B	$49.92B	$45.31B	$44.71B	$37.89B	$35.22B	$35.22B	$31.12B	$9.525B	$11.16B	$9.086B	$12.38B	$8.323B	$8.397B	$9.092B	$12.70B	$4.891B	$2.381B	$2.620B
YoY Change	6.97%	3.7%	10.18%	1.34%	18.0%	7.58%	0.01%	13.15%	226.75%	-14.62%	22.78%	-26.63%	48.78%	-0.88%	-7.64%	-28.43%	159.74%	105.42%	-9.12%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $607.32 Billion

About VISA INC.

Visa, Inc. engages in the provision of digital payment services. The company is headquartered in San Francisco, California and currently employs 31,600 full-time employees. The company went IPO on 2008-03-25. The firm provides digital payments across more than 200 countries and territories. The firm connects consumers, merchants, financial institutions, businesses, strategic partners and government entities through technologies. The firm operates through the payment services segment. The firm provides transaction processing services, including primarily authorization, clearing and settlement to its financial institution and merchant clients through VisaNet, its transaction processing network. Its core business solutions, including credit, debit, prepaid and cash access programs for individual, business and government account holders. The company also provides value-added services to its clients, including issuing solutions, acceptance solutions, risk and identity solutions, open banking and advisory services. The company also offers products and solutions that facilitate money movement for all participants in the ecosystem.

Industry: Services-Business Services, NEC Peers: AUTOMATIC DATA PROCESSING INC Block, Inc. BROADRIDGE FINANCIAL SOLUTIONS, INC. Fidelity National Information Services, Inc. FISERV INC GLOBAL PAYMENTS INC Mastercard Inc PAYCHEX INC PayPal Holdings, Inc.