Visa Inc. Operating Margin History
V / Financials|10 years of SEC 10-K data (FY2016-FY2025)
60.0% in FY2025 with a 5-year CAGR of -4.5%. Top quartile in the Financials sector.
Declined from 64.3% to 60.0% over the past 2 years.
Among 103 Financials companies, Visa Inc. is in the top 5% for operating margin. Operating Margin has fluctuated over the past 10 years, ranging from 52.3% in FY2016 to 66.1% in FY2017.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- -4.2pp
- 5-Year Change
- -4.5pp
- 10-Year Change
- -
Operating Margin Trend
Top 5% in FinancialsTop 5% of 103This company 60.0% Sector average -47.9%
▼
+225.2% above sector average
Key Insights
- In FY2025, operating margin decreased 8.7% year-over-year.
- Currently 107.9pp above the Financials sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2016.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2025 | 60.0% | -8.7% |
| FY2024 | 65.7% | +2.1% |
| FY2023 | 64.3% | +0.2% |
| FY2022 | 64.2% | -2.1% |
| FY2021 | 65.6% | +1.7% |
| FY2020 | 64.5% | -1.3% |
| FY2019 | 65.3% | +3.9% |
| FY2018 | 62.9% | -5.0% |
| FY2017 | 66.1% | +26.6% |
| FY2016 | 52.3% | -20.0% |
As of FY2025 · SEC 10-K · Updated Mar 16, 2026