V
Visa Inc.
Stock
$367.74+0.36 (+0.10%)Close Sep 28, 2026
Cash flow statement
| Line | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $22.8B | $23.1B | $20.0B | $20.8B | $18.8B | $15.2B | $10.4B | $12.8B | $12.9B | $9.3B | $5.6B | $6.6B | $7.2B | $3.0B | $5.0B | $3.9B | $2.7B | $558M | $531M | $505M |
| Capital expenditures | $1.6B | $1.5B | $1.3B | $1.1B | $970M | $705M | $736M | $756M | $718M | $707M | $523M | $414M | $553M | $471M | $376M | $353M | $241M | $306M | $415M | $160M |
| Free cash flow | $21.2B | $21.6B | $18.7B | $19.7B | $17.9B | $14.5B | $9.7B | $12.0B | $12.2B | $8.6B | $5.1B | $6.2B | $6.7B | $2.6B | $4.6B | $3.5B | $2.5B | $252M | $116M | $345M |
| Stock-based compensation | $920M | $897M | $850M | $765M | $602M | $542M | $416M | $407M | $327M | $235M | $221M | $187M | $172M | $179M | $147M | $154M | $131M | $115M | $74M | $0 |
| Buybacks | $21.3B | $18.3B | $16.7B | $12.1B | $11.6B | $8.7B | $8.1B | $8.6B | $7.2B | $6.9B | — | $2.9B | $4.1B | $5.4B | $710M | $2.0B | $1.0B | $2.6B | $13.4B | $0 |
| Dividends paid | $4.9B | $4.6B | $4.2B | $3.8B | $3.2B | $2.8B | $2.7B | $2.3B | $1.9B | $1.6B | $1.4B | $1.2B | $1.0B | $864M | $595M | $423M | $368M | $318M | $93M | $0 |
| Dividends per share | $1.93 | $0.59 | $0.52 | $0.45 | $0.38 | $0.32 | $0.30 | $0.25 | — | $0.17 | $0.14 | $0.12 | $0.10 | $0.08 | $0.22 | $0.15 | $0.13 | $0.11 | $0.11 | — |
| Free cash flow margin | 49.2% | 53.9% | 52.0% | 60.3% | 61.0% | 60.2% | 44.4% | 52.3% | 59.3% | 46.9% | 33.5% | 44.5% | 52.4% | 21.7% | 44.5% | 38.3% | 30.4% | 3.6% | 1.9% | 9.6% |