# Visa share price today (Visa Inc., V) > Visa Inc.'s results are improving, and its P/BV is near the top of its own history, higher than 100% of past readings. V · Financials · Credit Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/v Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Growing steadily, from the last 12 quarters - Price: $420.42 (+23.4% in a year) - P/BV: 21.8× (higher than 100% of the last 5.3 years) - Revenue (Sep 2026): $12.1 B (+13.2% on a year ago) - Profit (Sep 2026): $6.0 B (+19.1% on a year ago) - Net margin: 49.4% (+2.4 points on a year ago) - ROE: 64%, FY26 - ROA: 19.61%, latest The main question: results are strong, and the P/BV is higher than 100% of its own history. ## What is the Visa share price today? Visa Inc.'s share price was $420.42 at the close on 3 November 2026. It has been rising for 2 weeks. That is 22.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between $296 and $420, and at that close it was at the high of that range. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 5 weeks in a row. Over the last 10 years the share price moved +450% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Visa pay? Visa Inc. paid $2.79 per share over the last four reported quarters. The most recent declaration was $0.78 for Sep 2026. At today's price of $420.42 that is a yield of 0.66%, based on dividends already paid, not a forecast. ## Which stock lists is Visa on? Visa is on 2 of our US lists: S&P 500 companies and Dow Jones 30 stocks. - [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks) - [Dow Jones 30 stocks](https://www.sectoralpha.in/dow-jones-stocks) ## Is Visa profitable? Visa Inc. earned $6.0 B of net profit in the Sep 2026 quarter, +19.1% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was $23.5 B. Over 5 years profit has grown 14.4% a year on average. That is 49.4% of the quarter's revenue. The same quarter a year earlier earned $5.0 B. For the full year, FY26 profit was $23.5 B (+18.4% on the year before). Why profit moved: revenue changed +13.2% on a year earlier and the margin moved +2.4 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +18.1% and revenue +14.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Visa make, and is it growing? Visa Inc. reported $12.1 B of income in the Sep 2026 quarter, +13.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 5 years it has grown 13.7% a year on average. The last full year, FY26, came in at $45.9 B. The last four reported quarters add to $45.9 B. FY26 revenue was $45.9 B, +14.8% on the year before. Recent pace: the last four quarters grew +14.8% on average, against 13.7% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.8%, against +13.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +17.7%, against +9.6% a year (accelerating). ## How much does Visa keep from what it earns? Visa Inc.'s net margin was 49.4% in the Sep 2026 quarter, 2.4 percentage points higher than the same quarter a year ago. Across 6 years it has been between 49.6% and 54.2%. The latest quarter is below every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Visa's loans have gone bad? Visa Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Visa's loan book growing? Visa Inc.'s revenue was $45.9 B in FY26, +14.8% on the year before, so the loan book is growing. The latest quarter was +13.2% on a year earlier. The net margin on that income is 49.4%, +2.4 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Visa's P/BV ratio, and how does it compare with its own history? Visa Inc.'s P/BV is 21.8×, about the highest it has ever been. Its usual P/BV (the middle reading) is 13.4×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved +23.4%. The price ran ahead of book value, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +14.2% a year; about +2.1% a year came from book-value growth and about +12.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the Visa business getting better or worse? Visa Inc.'s business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 64.7%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Visa earn on its equity and assets? Visa Inc. earned a return on equity of 65% in FY26. Its lowest yearly reading on file was 32% in FY21. On its assets, every $100 earned about $19.61, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 14.4% a year over 5 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does Visa have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Visa shareholding pattern? 1.2% of Visa Inc.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 3.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Visa from balance-sheet trouble? For Visa Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Visa rank in its industry? 67.7 out of 100, rank 4 of 29 in Credit Services, with 80% of the evidence available. Visa Inc. scores 67.7 out of 100 against the 29 companies it is compared with in Credit Services, ranking 4. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. The four parts add up to the total exactly: 23.6 + 20.1 + 4.8 + 19.2 = 67.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Visa compared with? Visa ranks 4 of 29 Credit Services companies on the 4-Factor Sector Score, with 67.7 out of 100. 1. [Encore Capital Group, Inc.](https://www.sectoralpha.in/us/stocks/ecpg) ECPG · breaking out · Most evidence points up · 67% evidence 72.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.3/35 · Income 29.5% · Profit n/a · 45% evidence Capital efficiency 18.4/25 · ROA 8.5% · ROE 34.3% · GNPA n/a · 68% evidence Valuation 16.0/20 · P/BV 1.85× · P/BV÷ROE 0.05 · 70% evidence Relative strength 14.4/20 · Lead over its industry 26.3% · Lead over S&P 500 22.7% · 1 year 111% · 100% evidence · 8 of 12 weeks ahead Exact sum: 23.3 + 18.4 + 16 + 14.4 = 72.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [EZCORP, Inc.](https://www.sectoralpha.in/us/stocks/ezpw) EZPW · turning · Most evidence points up · 76% evidence 69.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Income 28.6% · Profit 62.2% · 71% evidence Capital efficiency 17.2/25 · ROA 8.2% · ROE 17.9% · GNPA n/a · 68% evidence Valuation 13.1/20 · P/BV 1.82× · P/BV÷ROE 0.1 · 70% evidence Relative strength 11.7/20 · Lead over its industry 1.9% · Lead over S&P 500 -0.9% · 1 year 62.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 27.5 + 17.2 + 13.1 + 11.7 = 69.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Mastercard Incorporated](https://www.sectoralpha.in/us/stocks/ma) MA · breaking out · Most evidence points up · 80% evidence 68.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Income 15.3% · Profit 19% · 81% evidence Capital efficiency 20.6/25 · ROA 25.7% · ROE 284.8% · GNPA n/a · 68% evidence Valuation 5.3/20 · P/BV 71.68× · P/BV÷ROE 0.25 · 70% evidence Relative strength 18.4/20 · Lead over its industry 17.2% · Lead over S&P 500 13.7% · 1 year 17.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 24.6 + 20.6 + 5.3 + 18.4 = 68.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. Visa Inc. this page V · breaking out · Most evidence points up · 80% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.6/35 · Income 14.8% · Profit 17.7% · 81% evidence Capital efficiency 20.1/25 · ROA 20.3% · ROE 63.6% · GNPA n/a · 68% evidence Valuation 4.8/20 · P/BV 18.27× · P/BV÷ROE 0.29 · 70% evidence Relative strength 19.2/20 · Lead over its industry 20.4% · Lead over S&P 500 16.8% · 1 year 25.1% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.6 + 20.1 + 4.8 + 19.2 = 67.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [Atlanticus Holdings Corporation](https://www.sectoralpha.in/us/stocks/atlc) ATLC · quiet · Most evidence points up · 76% evidence 66.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Income 60% · Profit 38.1% · 71% evidence Capital efficiency 15.9/25 · ROA 2.4% · ROE 26.9% · GNPA n/a · 68% evidence Valuation 14.6/20 · P/BV 2.1× · P/BV÷ROE 0.08 · 70% evidence Relative strength 13.4/20 · Lead over its industry 18.7% · Lead over S&P 500 14.8% · 1 year 71.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 22.9 + 15.9 + 14.6 + 13.4 = 66.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Sezzle Inc.](https://www.sectoralpha.in/us/stocks/sezl) SEZL · turning · Evidence leans up · 76% evidence 64.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Income 43.3% · Profit 55.8% · 71% evidence Capital efficiency 19.8/25 · ROA 48.4% · ROE 112% · GNPA n/a · 68% evidence Valuation 6.7/20 · P/BV 24.77× · P/BV÷ROE 0.22 · 70% evidence Relative strength 18.1/20 · Lead over its industry 21.4% · Lead over S&P 500 17.3% · 1 year 106.7% · 100% evidence · 2 of 12 weeks ahead Exact sum: 20.1 + 19.8 + 6.7 + 18.1 = 64.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 7. [PRA Group, Inc.](https://www.sectoralpha.in/us/stocks/praa) PRAA · losing its lead · Evidence leans up · 76% evidence 64.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Income 17.6% · Profit -391.2% · 71% evidence Capital efficiency 13.8/25 · ROA 5% · ROE 12.1% · GNPA n/a · 68% evidence Valuation 16.7/20 · P/BV 0.65× · P/BV÷ROE 0.05 · 70% evidence Relative strength 16.9/20 · Lead over its industry 11.7% · Lead over S&P 500 8.3% · 1 year 34.9% · 100% evidence · 8 of 12 weeks ahead Exact sum: 16.9 + 13.8 + 16.7 + 16.9 = 64.3 · What this means: Relative strength against the index is 8.3%, and revenue and profit growth are weak. 8. [Green Dot Corporation](https://www.sectoralpha.in/us/stocks/gdot) GDOT · quiet · Evidence leans up · 67% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Income 19.2% · Profit n/a · 45% evidence Capital efficiency 14.8/25 · ROA 3.4% · ROE 23.5% · GNPA n/a · 68% evidence Valuation 16.8/20 · P/BV 0.81× · P/BV÷ROE 0.04 · 70% evidence Relative strength 10.0/20 · Lead over its industry -1.9% · Lead over S&P 500 -4.9% · 1 year 7.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 14.8 + 16.8 + 10 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Enova International, Inc.](https://www.sectoralpha.in/us/stocks/enva) ENVA · quiet · Evidence leans up · 80% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Income 29.3% · Profit 30.4% · 81% evidence Capital efficiency 18.1/25 · ROA 6% · ROE 29% · GNPA n/a · 68% evidence Valuation 13.3/20 · P/BV 2.65× · P/BV÷ROE 0.09 · 70% evidence Relative strength 5.5/20 · Lead over its industry -1.7% · Lead over S&P 500 -5.1% · 1 year 40.2% · 100% evidence · 4 of 12 weeks ahead Exact sum: 25.8 + 18.1 + 13.3 + 5.5 = 62.7 · What this means: Earnings are strong; relative strength in its sector is -1.7% and the one-year return is 40.2%. 10. [Bread Financial Holdings, Inc.](https://www.sectoralpha.in/us/stocks/bfh) BFH · turning · Evidence leans up · 80% evidence 59.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Income 7.3% · Profit 11.7% · 81% evidence Capital efficiency 14.6/25 · ROA 2.6% · ROE 17.5% · GNPA n/a · 68% evidence Valuation 16.1/20 · P/BV 1.09× · P/BV÷ROE 0.06 · 70% evidence Relative strength 14.2/20 · Lead over its industry 18.8% · Lead over S&P 500 15.2% · 1 year 67.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 14.8 + 14.6 + 16.1 + 14.2 = 59.7 · What this means: Relative strength against the index is 15.2%, and revenue and profit growth are weak. 11. [Capital One Financial Corporation](https://www.sectoralpha.in/us/stocks/cof) COF · basing · Evidence leans up · 60% evidence 59.5 out of 100 Growth Capital Valuation Relative 12. [PayPal Holdings, Inc.](https://www.sectoralpha.in/us/stocks/pypl) PYPL · losing its lead · Evidence leans up · 76% evidence 58.6 out of 100 Growth Capital Valuation Relative 13. [Affirm Holdings, Inc.](https://www.sectoralpha.in/us/stocks/afrm) AFRM · basing · Evidence leans up · 76% evidence 58.4 out of 100 Growth Capital Valuation Relative 14. [FirstCash Holdings, Inc.](https://www.sectoralpha.in/us/stocks/fcfs) FCFS · quiet · Evidence leans up · 80% evidence 55.9 out of 100 Growth Capital Valuation Relative 15. [Credit Acceptance Corporation](https://www.sectoralpha.in/us/stocks/cacc) CACC · quiet · Evidence leans up · 76% evidence 54.7 out of 100 Growth Capital Valuation Relative 16. [Jefferson Capital, Inc.](https://www.sectoralpha.in/us/stocks/jcap) JCAP · quiet · Evidence leans up · 76% evidence 52.9 out of 100 Growth Capital Valuation Relative 17. [OneMain Holdings, Inc.](https://www.sectoralpha.in/us/stocks/omf) OMF · quiet · Evidence leans up · 76% evidence 52.8 out of 100 Growth Capital Valuation Relative 18. [American Express Company](https://www.sectoralpha.in/us/stocks/axp) AXP · basing · Evidence leans up · 80% evidence 52.7 out of 100 Growth Capital Valuation Relative 19. [Federal Agricultural Mortgage Corporation](https://www.sectoralpha.in/us/stocks/agm) AGM · quiet · Evidence leans up · 76% evidence 52.1 out of 100 Growth Capital Valuation Relative 20. [Synchrony Financial](https://www.sectoralpha.in/us/stocks/syf) SYF · basing · Evidence leans down · 80% evidence 49.8 out of 100 Growth Capital Valuation Relative 21. [World Acceptance Corporation](https://www.sectoralpha.in/us/stocks/wrld) WRLD · quiet · Evidence leans down · 69% evidence 46.3 out of 100 Growth Capital Valuation Relative 22. [Ally Financial Inc.](https://www.sectoralpha.in/us/stocks/ally) ALLY · basing · Evidence leans down · 60% evidence 45.6 out of 100 Growth Capital Valuation Relative 23. [The Western Union Company](https://www.sectoralpha.in/us/stocks/wu) WU · basing · Evidence leans down · 76% evidence 41.0 out of 100 Growth Capital Valuation Relative 24. [SoFi Technologies, Inc.](https://www.sectoralpha.in/us/stocks/sofi) SOFI · basing · Evidence leans down · 76% evidence 40.7 out of 100 Growth Capital Valuation Relative 25. [Klarna Group plc](https://www.sectoralpha.in/us/stocks/klar) KLAR · basing · Evidence leans down · 61% evidence 35.1 out of 100 Growth Capital Valuation Relative 26. [Upstart Holdings, Inc.](https://www.sectoralpha.in/us/stocks/upst) UPST · basing · Too little evidence to rank firmly · 55% evidence 33.7 out of 100 Growth Capital Valuation Relative 27. [Nelnet, Inc.](https://www.sectoralpha.in/us/stocks/nni) NNI · basing · Most evidence points down · 76% evidence 31.6 out of 100 Growth Capital Valuation Relative 28. [Navient Corporation](https://www.sectoralpha.in/us/stocks/navi) NAVI · quiet · Most evidence points down · 76% evidence 30.4 out of 100 Growth Capital Valuation Relative 29. [SLM Corporation](https://www.sectoralpha.in/us/stocks/slm) SLM · quiet · Most evidence points down · 80% evidence 24.8 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Credit Services](https://www.sectoralpha.in/us/sectors/credit-services), all 29 compared on one page. ## Which companies are close to Visa in size? Visa is the largest of 42 Credit Services companies on Sector Alpha by market value (scores of 3 November 2026). It is the largest. Just below it: Mastercard Incorporated, American Express Company, Capital One Financial Corporation, PayPal Holdings, Inc., Affirm Holdings, Inc. and Synchrony Financial. ### Credit Services companies close in size 1. Visa Inc. $781.8 billion 2. [Mastercard Incorporated](https://www.sectoralpha.in/us/stocks/ma) $563.8 billion 3. [American Express Company](https://www.sectoralpha.in/us/stocks/axp) $218.3 billion 4. [Capital One Financial Corporation](https://www.sectoralpha.in/us/stocks/cof) $125.5 billion 5. [PayPal Holdings, Inc.](https://www.sectoralpha.in/us/stocks/pypl) $48.4 billion 6. [Affirm Holdings, Inc.](https://www.sectoralpha.in/us/stocks/afrm) $24.3 billion 7. [Synchrony Financial](https://www.sectoralpha.in/us/stocks/syf) $23.4 billion [All 42 Credit Services companies, largest first](https://www.sectoralpha.in/us/sectors/credit-services#all-companies) ### Companies close in size in other industries 1. [Micron Technology, Inc.](https://www.sectoralpha.in/us/stocks/mu) $943.1 billion · Semiconductors 2. [JPMorgan Chase & Co.](https://www.sectoralpha.in/us/stocks/jpm) $904.4 billion · Banks - Diversified 3. Visa Inc. $791.2 billion 4. [Advanced Micro Devices, Inc.](https://www.sectoralpha.in/us/stocks/amd) $762.1 billion · Semiconductors 5. [ExxonMobil Holdings Corporation](https://www.sectoralpha.in/us/stocks/xom) $732.9 billion · Oil & Gas Integrated ## What else do people ask about Visa? ### What is Visa's stock price today? Visa Inc.'s stock price is $420.42, +23.4% over the past year. The whole company is worth $782 B on the market. It is at its highest price of the past 52 weeks (range $296 to $420), 22.5% above its 200-day average. The price has been rising for 2 weeks (as of 3 November 2026). ### What were Visa's latest quarterly results? Visa Inc. reported total income of $12.1 B and net profit of $6.0 B for the Sep 2026 quarter. Income rose 13.2% and profit rose 19.1% compared with a year earlier. Earnings per share were $3.19. The net margin was 49.4%, 2.4 percentage points higher than a year earlier (as of 3 November 2026). ### What is Visa's market cap? Visa Inc.'s market capitalisation is $782 B at a stock price of $420.42. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Visa performing? Visa Inc.'s share price has been rising for 2 weeks. In its latest quarter, income rose 13.2% and profit rose 19.1% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 5 weeks running (as of 3 November 2026). ### Will Visa's stock price go up? This page does not forecast Visa Inc.'s stock price. What it shows instead: the stock price is $420.42, and it has been rising for 2 weeks. Its P/BV of 21.8× is higher than 100% of its own last 5 years (as of 3 November 2026). ### Where is Visa in its business cycle? Visa Inc.'s FY26 net margin was 51.2%, against a 6-year range of 49.6% to 54.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 49.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Visa story? The main question: results are strong, and the P/BV is higher than 100% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Visa a stock worth studying right now? What the numbers show: Visa Inc.'s results are improving, and its P/BV is near the top of its own history, higher than 100% of past readings. The main open question: whether earnings grow enough to match the multiple. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - S&P 500 companies: https://www.sectoralpha.in/sp-500-stocks - Dow Jones 30 stocks: https://www.sectoralpha.in/dow-jones-stocks This is research, not advice. We’re not SEBI-registered.