Visa annual current ratio
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2025
Visa Current Ratio Growth & History (V)
Visa's current ratio was 1.08 for fiscal 2025.
View full Visa company overviewVisa annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 1.08 | −0.21 | −16.04% |
| 2024 | 2024-09-30 | 1.28 | −0.17 | −11.59% |
| 2023 | 2023-09-30 | 1.45 | 0.00 | +0.22% |
| 2022 | 2022-09-30 | 1.45 | −0.31 | −17.42% |
| 2021 | 2021-09-30 | 1.75 | −0.15 | −7.94% |
| 2020 | 2020-09-30 | 1.91 | 0.34 | +21.88% |
| 2019 | 2019-09-30 | 1.56 | −0.05 | −2.99% |
| 2018 | 2018-09-30 | 1.61 | −0.29 | −15.35% |
| 2017 | 2017-09-30 | 1.90 | 0.12 | +7.00% |
| 2016 | 2016-09-30 | 1.78 | −0.09 | −4.94% |
| 2015 | 2015-09-30 | 1.87 | 0.28 | +17.54% |
| 2014 | 2014-09-30 | 1.59 | −0.21 | −11.77% |
| 2013 | 2013-09-30 | 1.80 | 0.32 | +21.77% |
| 2012 | 2012-09-30 | 1.48 | −1.18 | −44.36% |
| 2011 | 2011-09-30 | 2.66 | 0.17 | +6.65% |
| 2010 | 2010-09-30 | 2.50 | 0.42 | +20.02% |
| 2009 | 2009-09-30 | 2.08 | 0.52 | +33.40% |
| 2008 | 2008-09-30 | 1.56 | — | — |
Visa quarterly current ratio
Q4.08
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
Q4.14
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Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.99 | −0.13 | −11.67% |
| Q2 2026 | 2026-03-31 | 1.09 | 0.00 | +0.34% |
| Q1 2026 | 2025-12-31 | 1.11 | −0.01 | −0.90% |
| Q4 2025 | 2025-09-30 | 1.08 | −0.21 | −16.04% |
| Q3 2025 | 2025-06-30 | 1.12 | −0.26 | −18.75% |
| Q2 2025 | 2025-03-31 | 1.08 | −0.31 | −22.46% |
| Q1 2025 | 2024-12-31 | 1.12 | −0.32 | −22.46% |
| Q4 2024 | 2024-09-30 | 1.28 | −0.17 | −11.59% |
| Q3 2024 | 2024-06-30 | 1.37 | −0.12 | −7.98% |
| Q2 2024 | 2024-03-31 | 1.40 | −0.10 | −6.83% |
| Q1 2024 | 2023-12-31 | 1.45 | 0.01 | +0.46% |
| Q4 2023 | 2023-09-30 | 1.45 | 0.00 | +0.22% |
| Q3 2023 | 2023-06-30 | 1.49 | 0.07 | +4.57% |
| Q2 2023 | 2023-03-31 | 1.50 | 0.21 | +16.49% |
| Q1 2023 | 2022-12-31 | 1.44 | 0.04 | +3.18% |
| Q4 2022 | 2022-09-30 | 1.45 | −0.31 | −17.42% |
| Q3 2022 | 2022-06-30 | 1.43 | −0.57 | −28.66% |
| Q2 2022 | 2022-03-31 | 1.29 | −0.83 | −39.13% |
| Q1 2022 | 2021-12-31 | 1.40 | −0.73 | −34.22% |
| Q4 2021 | 2021-09-30 | 1.75 | −0.15 | −7.94% |
| Q3 2021 | 2021-06-30 | 2.00 | 0.45 | +28.72% |
| Q2 2021 | 2021-03-31 | 2.12 | 0.87 | +69.48% |
| Q1 2021 | 2020-12-31 | 2.12 | 0.85 | +67.06% |
| Q4 2020 | 2020-09-30 | 1.91 | 0.34 | +21.88% |
| Q3 2020 | 2020-06-30 | 1.55 | −0.14 | −8.10% |
| Q2 2020 | 2020-03-31 | 1.25 | −0.38 | −23.15% |
| Q1 2020 | 2019-12-31 | 1.27 | −0.23 | −15.46% |
| Q4 2019 | 2019-09-30 | 1.56 | −0.05 | −2.99% |
| Q3 2019 | 2019-06-30 | 1.69 | −0.00 | −0.05% |
| Q2 2019 | 2019-03-31 | 1.62 | −0.32 | −16.28% |
| Q1 2019 | 2018-12-31 | 1.50 | −0.57 | −27.35% |
| Q4 2018 | 2018-09-30 | 1.61 | −0.29 | −15.35% |
| Q3 2018 | 2018-06-30 | 1.69 | 0.04 | +2.33% |
| Q2 2018 | 2018-03-31 | 1.94 | 0.42 | +27.75% |
| Q1 2018 | 2017-12-31 | 2.07 | 0.65 | +45.52% |
| Q4 2017 | 2017-09-30 | 1.90 | 0.12 | +7.00% |
| Q3 2017 | 2017-06-30 | 1.65 | −0.19 | −10.52% |
| Q2 2017 | 2017-03-31 | 1.52 | −3.22 | −67.96% |
| Q1 2017 | 2016-12-31 | 1.42 | −3.33 | −70.13% |
| Q4 2016 | 2016-09-30 | 1.78 | −0.09 | −4.94% |
| Q3 2016 | 2016-06-30 | 1.85 | 0.11 | +6.19% |
| Q2 2016 | 2016-03-31 | 4.74 | 2.89 | +155.43% |
| Q1 2016 | 2015-12-31 | 4.76 | 3.05 | +179.50% |
| Q4 2015 | 2015-09-30 | 1.87 | 0.28 | +17.54% |
| Q3 2015 | 2015-06-30 | 1.74 | 0.04 | +2.40% |
| Q2 2015 | 2015-03-31 | 1.86 | 0.14 | +8.27% |
| Q1 2015 | 2014-12-31 | 1.70 | −0.07 | −3.93% |
| Q4 2014 | 2014-09-30 | 1.59 | −0.21 | −11.77% |
| Q3 2014 | 2014-06-30 | 1.70 | −0.19 | −10.18% |
| Q2 2014 | 2014-03-31 | 1.71 | −0.24 | −12.23% |
| Q1 2014 | 2013-12-31 | 1.77 | −0.20 | −10.18% |
| Q4 2013 | 2013-09-30 | 1.80 | 0.32 | +21.77% |
| Q3 2013 | 2013-06-30 | 1.89 | 0.50 | +36.25% |
| Q2 2013 | 2013-03-31 | 1.95 | −0.92 | −31.93% |
| Q1 2013 | 2012-12-31 | 1.97 | −0.85 | −30.12% |
| Q4 2012 | 2012-09-30 | 1.48 | −1.18 | −44.36% |
| Q3 2012 | 2012-06-30 | 1.39 | −1.31 | −48.51% |
| Q2 2012 | 2012-03-31 | 2.87 | 0.10 | +3.53% |
| Q1 2012 | 2011-12-31 | 2.82 | 0.28 | +10.94% |
| Q4 2011 | 2011-09-30 | 2.66 | 0.17 | +6.65% |
| Q3 2011 | 2011-06-30 | 2.69 | −0.13 | −4.73% |
| Q2 2011 | 2011-03-31 | 2.77 | 0.20 | +7.58% |
| Q1 2011 | 2010-12-31 | 2.54 | 0.14 | +5.66% |
| Q4 2010 | 2010-09-30 | 2.50 | 0.42 | +20.02% |
| Q3 2010 | 2010-06-30 | 2.83 | 0.67 | +31.21% |
| Q2 2010 | 2010-03-31 | 2.58 | — | — |
| Q1 2010 | 2009-12-31 | 2.41 | — | — |
| Q4 2009 | 2009-09-30 | 2.08 | 0.52 | +33.40% |
| Q3 2009 | 2009-06-30 | 2.16 | — | — |
| Q4 2008 | 2008-09-30 | 1.56 | — | — |
Visa current ratio trends
Over the last five fiscal years, Visa's current ratio decreased from 1.91 to 1.08, a change of −0.83. The latest reported quarter, Q3 2026, shows 0.99.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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