VISA INC.

V · Technology · FY2025 filings · Not rated ·

Not rated

We don't have enough comparable filing data to score V on every filter, so we don't publish a composite. Missing: pricingPower.

20 years of fundamentals

The business, in plain English

Across the filed record, revenue grew from $3.6B (FY2007) to $40.0B (FY2025) — about 14.3% a year compounded over 18 years.

It earned 43.3% on invested capital in FY2025, with a median of 26.5% across 18 filed years. The Returns on Capital filter above scores it 100/100.

The balance sheet carried $25.2B of total debt in FY2025 against $20.1B of owner earnings — roughly 1.3 years of owner earnings to retire it all. Balance-Sheet Safety scores it 96/100.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

RevenueSales, as filed$40.0B FY2025

Gross marginRevenue kept after cost of goods

Not disclosed in V’s filings for these years — we don’t estimate it.

Return on invested capitalOperating profit on the capital employed43.3% FY2025

Owner earningsCash an owner could take out$20.1B FY2025

Gaps in a line mean that item isn’t in V’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

Score history begins 2026-07-17. Check back as the record builds.

Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.

Embed this score on your site

One iframe, no script. The badge shows V’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/V"
  width="340" height="150" style="border:0"
  title="V Moat Score — The Moat Index"
  loading="lazy"></iframe>

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell V. See the disclaimer.