Company profile

Ticker
V
Exchange
Website
CEO
Alfred F. Kelly
Employees
Incorporated in
Location
Fiscal year end
Former names
Visa Inc.
SEC CIK
IRS number
260267673

V stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

14 Nov 19
26 Jan 20
30 Sep 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 6.14B 5.84B 5.49B 5.51B
Net income 3.03B 3.1B 2.98B 2.98B
Net profit margin 49.29% 53.10% 54.19% 54.07%
Operating income 3.74B 3.91B 3.64B 3.72B
Net change in cash -74M 264M -641M 127M
Cash on hand 7.84B 7.91B 7.65B 8.29B
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue 22.98B 20.61B 18.36B 15.08B
Net income 12.08B 10.3B 6.7B 5.99B
Net profit margin 52.57% 49.98% 36.49% 39.72%
Operating income 15B 12.95B 12.14B 7.88B
Net change in cash -324M -1.71B 4.26B 2.1B
Cash on hand 7.84B 8.16B 9.87B 5.62B

Financial data from Visa earnings reports

92.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 2279 2234 +2.0%
Opened positions 128 121 +5.8%
Closed positions 83 98 -15.3%
Increased positions 907 894 +1.5%
Reduced positions 979 958 +2.2%
13F shares
Current Prev Q Change
Total value 274.83B 276.82B -0.7%
Total shares 1.59B 1.6B -0.4%
Total puts 20.05M 14.31M +40.2%
Total calls 17.91M 14.59M +22.8%
Total put/call ratio 1.1 1.0 +14.2%
Largest owners
Shares Value Change
Vanguard 148.02M $25.46B +0.7%
BLK BlackRock 126.08M $21.69B +1.8%
FMR 91.12M $15.67B -1.4%
N Price T Rowe Associates 80.07M $13.77B +1.8%
STT State Street 77.45M $13.32B -0.5%
MS Morgan Stanley 30.74M $5.29B +1.9%
Massachusetts Financial Services 26.92M $4.63B -4.4%
Capital World Investors 26.66M $4.59B -9.2%
Geode Capital Management 26.49M $4.55B +3.2%
BAC Bank of America 22.81M $3.92B -2.0%
Largest transactions
Shares Bought/sold Change
JPM JPMorgan Chase & Co. 8.61M -5.25M -37.9%
Municipal Employees' Retirement System of Michigan 3.67M +3.62M +7970.0%
United Services Automobile Association 11.57K -2.74M -99.6%
Capital World Investors 26.66M -2.71M -9.2%
BLK BlackRock 126.08M +2.29M +1.8%
Victory Capital Management 3M +2.27M +311.2%
BNP Paribas Arbitrage 2.69M +1.93M +254.7%
Capital International Investors 21.23M +1.84M +9.5%
Wellington Management 15.17M -1.6M -9.5%
Williams Jones & Associates 0 -1.45M EXIT

Financial report summary

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Management Discussion
  • The increase in net revenues in fiscal 2019 reflects the continued growth in nominal payments volume, nominal cross-border volume, and processed transactions. The increase in revenues were partially offset by increases in client incentives in fiscal 2019.
  • Our net revenues are impacted by the overall strengthening or weakening of the U.S. dollar as payments volume and related revenues denominated in local currencies are converted to U.S. dollars. Exchange rate movements in fiscal 2019, as partially mitigated by our hedging program, negatively impacted our net revenues growth by approximately one-and-a-half percentage points.
  • The Tax Act, enacted on December 22, 2017, transitioned the U.S. tax system to a territorial system and lowered the statutory federal corporate income tax rate from 35% to 21%. The reduction of the statutory federal corporate tax rate to 21% became effective on January 1, 2018. In fiscal 2018, our statutory federal corporate tax rate was a blended rate of 24.5%, which was reduced to 21% in fiscal 2019. The Tax Act enacted several new tax provisions effective for us on October 1, 2018, most notably FDII and GILTI.
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