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Visa Inc. (V) FCF Payout Ratio: 23.83%

Is Visa Inc.’s FCF payout ratio high or low?

Visa Inc.'s FCF payout ratio of 23.83% is 12% above its 5-year average of 21.29%, around the middle of its 5-year range (17.91%–27.45%).

The FCF payout ratio for Visa Inc. (V) is 23.83%. It is above its 12-month average by 8.23% (22.02%).

V FCF Payout Ratio Chart

V FCF Payout Ratio
21.48%-4.80% 1Y
Zoom

V Average FCF Payout Ratio Chart

V Current vs Average FCF Payout Ratio Chart

V FCF Payout Ratio Metrics

FCF PAYOUT RATIO

23.83%

FCF PAYOUT RATIO AVG TTM

22.02%

FCF PAYOUT RATIO AVG 3Y

20.25%

FCF PAYOUT RATIO AVG 5Y

21.29%

FCF PAYOUT RATIO AVG 10Y

20.63%

FCF PAYOUT RATIO AVG 15Y

19.74%

FCF PAYOUT RATIO AVG 20Y

29.01%

CURRENT VS TTM AVG

+8.23%

CURRENT VS 3Y AVG

+17.69%

CURRENT VS 5Y AVG

+11.95%

CURRENT VS 10Y AVG

+15.50%

CURRENT VS 15Y AVG

+20.73%

CURRENT VS 20Y AVG

-17.86%

Payout Ratio Comparison

FCF Payout Ratio

23.8%

Earnings Payout Ratio

25.4%

Dividend Yield

0.80%

FCF Yield

3.37%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$21.58B$4.63B21.5%
2024$18.69B$4.22B22.6%
2023$19.70B$3.75B19.0%
2022$17.88B$3.20B17.9%
2021$14.52B$2.80B19.3%
2020$9.70B$2.66B27.5%
2019$12.03B$2.27B18.9%
2018$11.99B$1.92B16.0%
2017$8.50B$1.58B18.6%
2016$5.05B$1.35B26.7%
2015$6.17B$1.18B19.1%
2014$6.65B$1.01B15.1%
2013$2.55B$864.00M33.9%
2012$4.63B$595.00M12.8%
2011$3.52B$423.00M12.0%
2010$2.45B$368.00M15.0%
2009$252.00M$318.00M126.2%
2008$116.00M$93.00M80.2%
2007$345.19M$00.0%
2006$434.51M$00.0%
2005$361.36M$00.0%
2004$311.18M$00.0%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

Visa Inc. FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Visa Inc. FCF Payout Ratio FAQ

What is the FCF payout ratio for Visa Inc. (V)?
The FCF payout ratio for V stock is 23.83%.
Is Visa Inc.'s FCF payout ratio high or low?
Visa Inc.'s FCF payout ratio of 23.83% is 12% above its 5-year average of 21.29%, around the middle of its 5-year range (17.91%–27.45%).
What is the TTM average FCF payout ratio for Visa Inc. (V)?
The TTM average FCF payout ratio for V stock is 22.02%.
What is the 3Y average FCF payout ratio for Visa Inc. (V)?
The 3Y average FCF payout ratio for V stock is 20.25%.
What is the 5Y average FCF payout ratio for Visa Inc. (V)?
The 5Y average FCF payout ratio for V stock is 21.29%.
What is the 10Y average FCF payout ratio for Visa Inc. (V)?
The 10Y average FCF payout ratio for V stock is 20.63%.
What is the 15Y average FCF payout ratio for Visa Inc. (V)?
The 15Y average FCF payout ratio for V stock is 19.74%.
What is the 20Y average FCF payout ratio for Visa Inc. (V)?
The 20Y average FCF payout ratio for V stock is 29.01%.

Visa Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-09-3021.48%
2024-09-3022.56%
2023-09-3019.04%
2022-09-3017.91%
2021-09-3019.27%
2020-09-3027.45%
2019-09-3018.86%
2018-09-3015.99%
2017-09-3018.57%
2016-09-3026.73%
2015-09-3019.08%
2014-09-3015.12%
2013-09-3033.87%
2012-09-3012.84%
2011-09-3012.02%
2010-09-3015.02%
2009-09-30126.19%
2008-09-3080.17%

About Visa Inc.

Visa Inc. functions globally as a leading technology company dedicated to payments. Its primary role is to enable the secure and efficient digital transfer of funds among a wide array of participants, including individual consumers, retail businesses, banking institutions, corporations, strategic partners, and governmental bodies. At the heart of its operations is VisaNet, a highly sophisticated transaction processing network that handles the critical functions of authorizing, clearing, and settling all payment transactions. In addition to this core infrastructure, the company also provides a variety of card products, innovative digital platforms, and an extensive range of supplementary value-added services. These offerings are distributed under several widely recognized brands, including Visa, Visa Electron, Interlink, VPAY, and PLUS. Demonstrating its commitment to enhancing user experience, Visa Inc. has established a key strategic partnership with Ooredoo in Qatar, focused on improving payment solutions for Visa cardholders and Ooredoo customers within the country. The company was established in 1958 and its corporate headquarters are situated in San Francisco, California.

San Francisco, CA
28,800 employees
Financial Services / Financial - Credit Services
Sector
Financial Services
Industry
Financial - Credit Services
CEO
Ryan McInerney