VISA return on equity (ROE)
VISA's return on equity is 65.09%: net income of 23.50B USD over the last twelve months on shareholders' equity of 36.11B USD.
- Today
- 65.09%
- Average, 5 years
- 48.56%
- Low, 5 years
- 36.32%
- High, 5 years
- 65.09%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 23.50B ÷ 36.11B = 65.09%
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is VISA's return on equity so high?
- FY202651.2% × 0.49 × 2.61 = 65.1%
- FY202550.1% × 0.40 × 2.63 = 52.9%
- FY202455.0% × 0.38 × 2.41 = 50.4%
- FY202352.9% × 0.36 × 2.34 = 44.6%
- FY202251.0% × 0.34 × 2.40 = 42.0%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 65.09% | 23.50B | 36.11B | |
| FY2026 | 30 Sept 2026 | 65.09% | 23.50B | 36.11B |
| FY2025 | 30 Sept 2025 | 52.91% | 20.06B | 37.91B |
| FY2024 | 30 Sept 2024 | 50.45% | 19.74B | 39.14B |
| FY2023 | 30 Sept 2023 | 44.60% | 17.27B | 38.73B |
| FY2022 | 30 Sept 2022 | 42.04% | 14.96B | 35.58B |
| FY2021 | 30 Sept 2021 | 32.75% | 12.31B | 37.59B |
| FY2020 | 30 Sept 2020 | 30.01% | 10.87B | 36.21B |
| FY2019 | 30 Sept 2019 | 34.83% | 12.08B | 34.68B |
| FY2018 | 30 Sept 2018 | 30.29% | 10.30B | 34.01B |
| FY2017 | 30 Sept 2017 | 20.45% | 6.70B | 32.76B |
| FY2016 | 30 Sept 2016 | 18.20% | 5.99B | 32.91B |
| FY2015 | 30 Sept 2015 | 21.21% | 6.33B | 29.84B |
| FY2014 | 30 Sept 2014 | 19.84% | 5.44B | 27.41B |
| FY2013 | 30 Sept 2013 | 18.53% | 4.98B | 26.87B |
| FY2012 | 30 Sept 2012 | 7.76% | 2.14B | 27.63B |
| FY2011 | 30 Sept 2011 | 13.81% | 3.65B | 26.44B |
| FY2010 | 30 Sept 2010 | 11.86% | 2.97B | 25.01B |
| FY2009 | 30 Sept 2009 | 10.15% | 2.35B | 23.19B |
| FY2008 | 30 Sept 2008 | 3.61% | 804.00M | 22.28B |
| FY2007 | 30 Sept 2007 | — | -1.08B | -501.33M |
| FY2006 | 30 Sept 2006 | 77.99% | 454.56M | 582.81M |
| FY2005 | 30 Sept 2005 | 286.93% | 360.45M | 125.62M |
| FY2004 | 30 Sept 2004 | — | 215.87M | — |
| FY2003 | 30 Sept 2003 | — | -885.00M | -440.00M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q4 FY2026 | 30 Sept 2026 | 65.09% | 23.50B | 36.11B |
| Q3 FY2026 | 30 Jun 2026 | 64.22% | 22.59B | 35.18B |
| Q2 FY2026 | 31 Mar 2026 | 62.35% | 22.24B | 35.66B |
| Q1 FY2026 | 31 Dec 2025 | 53.62% | 20.79B | 38.78B |
| Q4 FY2025 | 30 Sept 2025 | 52.91% | 20.06B | 37.91B |
| Q3 FY2025 | 30 Jun 2025 | 52.47% | 20.29B | 38.66B |
| Q2 FY2025 | 31 Mar 2025 | 52.29% | 19.89B | 38.03B |
| Q1 FY2025 | 31 Dec 2024 | 52.15% | 19.97B | 38.30B |
| Q4 FY2024 | 30 Sept 2024 | 50.45% | 19.74B | 39.14B |
| Q3 FY2024 | 30 Jun 2024 | 48.09% | 19.11B | 39.73B |
| Q2 FY2024 | 31 Mar 2024 | 45.42% | 18.39B | 40.49B |
| Q1 FY2024 | 31 Dec 2023 | 45.26% | 17.98B | 39.73B |
| Q4 FY2023 | 30 Sept 2023 | 44.60% | 17.27B | 38.73B |
| Q3 FY2023 | 30 Jun 2023 | 42.41% | 16.53B | 38.98B |
| Q2 FY2023 | 31 Mar 2023 | 40.94% | 15.79B | 38.57B |
| Q1 FY2023 | 31 Dec 2022 | 41.10% | 15.18B | 36.92B |
| Q4 FY2022 | 30 Sept 2022 | 42.04% | 14.96B | 35.58B |
| Q3 FY2022 | 30 Jun 2022 | 41.15% | 14.60B | 35.48B |
| Q2 FY2022 | 31 Mar 2022 | 38.25% | 13.77B | 35.99B |
| Q1 FY2022 | 31 Dec 2021 | 36.32% | 13.14B | 36.19B |
| Q4 FY2021 | 30 Sept 2021 | 32.75% | 12.31B | 37.59B |
| Q3 FY2021 | 30 Jun 2021 | 28.75% | 10.86B | 37.79B |
| Q2 FY2021 | 31 Mar 2021 | 28.28% | 10.66B | 37.70B |
| Q1 FY2021 | 31 Dec 2020 | 28.45% | 10.72B | 37.68B |
| Q4 FY2020 | 30 Sept 2020 | 30.01% | 10.87B | 36.21B |
| Q3 FY2020 | 30 Jun 2020 | 33.09% | 11.75B | 35.52B |
| Q2 FY2020 | 31 Mar 2020 | 36.09% | 12.48B | 34.59B |
| Q1 FY2020 | 31 Dec 2019 | 35.09% | 12.38B | 35.27B |
| Q4 FY2019 | 30 Sept 2019 | 34.83% | 12.08B | 34.68B |
| Q3 FY2019 | 30 Jun 2019 | 34.00% | 11.90B | 35.00B |
| Q2 FY2019 | 31 Mar 2019 | 32.47% | 11.13B | 34.28B |
| Q1 FY2019 | 31 Dec 2018 | 31.55% | 10.76B | 34.10B |
| Q4 FY2018 | 30 Sept 2018 | 30.29% | 10.30B | 34.01B |
| Q3 FY2018 | 30 Jun 2018 | 28.80% | 9.60B | 33.32B |
| Q2 FY2018 | 31 Mar 2018 | 27.35% | 9.33B | 34.10B |
| Q1 FY2018 | 31 Dec 2017 | 21.41% | 7.15B | 33.40B |
| Q4 FY2017 | 30 Sept 2017 | 20.45% | 6.70B | 32.76B |
| Q3 FY2017 | 30 Jun 2017 | 20.32% | 6.49B | 31.94B |
| Q2 FY2017 | 31 Mar 2017 | 15.73% | 4.84B | 30.78B |
| Q1 FY2017 | 31 Dec 2016 | 19.29% | 6.12B | 31.73B |
| Q4 FY2016 | 30 Sept 2016 | 18.20% | 5.99B | 32.91B |
| Q3 FY2016 | 30 Jun 2016 | 16.97% | 5.57B | 32.83B |
| Q2 FY2016 | 31 Mar 2016 | 23.54% | 6.86B | 29.13B |
| Q1 FY2016 | 31 Dec 2015 | 22.73% | 6.70B | 29.48B |
| Q4 FY2015 | 30 Sept 2015 | 21.21% | 6.33B | 29.84B |
| Q3 FY2015 | 30 Jun 2015 | 20.57% | 5.89B | 28.63B |
| Q2 FY2015 | 31 Mar 2015 | 19.66% | 5.55B | 28.24B |
| Q1 FY2015 | 31 Dec 2014 | 20.04% | 5.60B | 27.94B |
| Q4 FY2014 | 30 Sept 2014 | 19.84% | 5.44B | 27.41B |
| Q3 FY2014 | 30 Jun 2014 | 20.37% | 5.56B | 27.29B |
| Q2 FY2014 | 31 Mar 2014 | 19.86% | 5.42B | 27.30B |
| Q1 FY2014 | 31 Dec 2013 | 18.86% | 5.09B | 27.01B |
| Q4 FY2013 | 30 Sept 2013 | 18.53% | 4.98B | 26.87B |
| Q3 FY2013 | 30 Jun 2013 | 20.18% | 5.45B | 27.00B |
| Q2 FY2013 | 31 Mar 2013 | 8.87% | 2.39B | 26.90B |
| Q1 FY2013 | 31 Dec 2012 | 8.73% | 2.41B | 27.59B |
| Q4 FY2012 | 30 Sept 2012 | 7.76% | 2.14B | 27.63B |
| Q3 FY2012 | 30 Jun 2012 | 5.21% | 1.36B | 26.16B |
| Q2 FY2012 | 31 Mar 2012 | 14.75% | 4.21B | 28.52B |
| Q1 FY2012 | 31 Dec 2011 | 13.90% | 3.80B | 27.30B |
| Q4 FY2011 | 30 Sept 2011 | 13.81% | 3.65B | 26.44B |
| Q3 FY2011 | 30 Jun 2011 | 13.60% | 3.54B | 26.05B |
| Q2 FY2011 | 31 Mar 2011 | 12.45% | 3.26B | 26.15B |
| Q1 FY2011 | 31 Dec 2010 | 12.09% | 3.09B | 25.54B |
| Q4 FY2010 | 30 Sept 2010 | 11.86% | 2.97B | 25.01B |
| Q3 FY2010 | 30 Jun 2010 | 10.97% | 2.71B | 24.68B |
| Q2 FY2010 | 31 Mar 2010 | 11.34% | 2.72B | 23.98B |
| Q1 FY2010 | 31 Dec 2009 | 10.83% | 2.54B | 23.47B |
| Q4 FY2009 | 30 Sept 2009 | 10.15% | 2.35B | 23.19B |
| Q3 FY2009 | 30 Jun 2009 | 6.51% | 1.48B | 22.79B |
| Q2 FY2009 | 31 Mar 2009 | 5.32% | 1.18B | 22.12B |
| Q1 FY2009 | 31 Dec 2008 | 4.41% | 954.00M | 21.64B |
| Q4 FY2008 | 30 Sept 2008 | 3.61% | 804.00M | 22.28B |
| Q3 FY2008 | 30 Jun 2008 | -2.43% | -524.58M | 21.55B |
| Q2 FY2008 | 31 Mar 2008 | -3.24% | -723.58M | 22.32B |
| Q1 FY2008 | 31 Dec 2007 | -5.13% | -857.58M | 16.72B |
| Q4 FY2007 | 30 Sept 2007 | — | -1.08B | -501.33M |
| Q3 FY2007 | 30 Jun 2007 | 60.31% | 718.86M | 1.19B |
| Q2 FY2007 | 31 Mar 2007 | 66.08% | 639.91M | 968.46M |
| Q1 FY2007 | 31 Dec 2006 | — | — | — |
| Q4 FY2006 | 30 Sept 2006 | — | — | 582.81M |
| Q3 FY2006 | 30 Jun 2006 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about VISA's ROE
Source: Financial Modeling Prep
