Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | P.O. Box 8999 SAN FRANCISCO CA 94128-8999 |
Tel: | N/A |
Website: | https://usa.visa.com |
IR: | See website |
Key People | ||
Ryan Mcinerney Chief Executive Officer, Director | Kelly Mahon Tullier Vice Chairman, Chief People and Corporate Affairs Officer and Corporate Secretary | Christopher H. Suh Chief Financial Officer |
Rajat Taneja President - Technology | Paul D. Fabara Chief Risk Officer | Julie B. Rottenberg General Counsel |
Business Overview |
Visa Inc. (Visa) is a global payments technology company. The Company provides digital payments across more than 200 countries and territories. The Company connects consumers, merchants, financial institutions, businesses, strategic partners and government entities through technologies. The Company operates through the payment services segment. The Company provides transaction processing services, including primarily authorization, clearing and settlement to its financial institution and merchant clients through VisaNet, its transaction processing network. Its core business solutions, including credit, debit, prepaid and cash access programs for individual, business and government account holders. It also provides value-added services to its clients, including issuing solutions, acceptance solutions, risk and identity solutions, open banking and advisory services. It also offers products and solutions that facilitate money movement for all participants in the ecosystem. |
Financial Overview |
For the three months ended 31 December 2023, Visa Inc revenues increased 9% to $8.63B. Net income applicable to common stockholders increased 17% to $4.82B. Revenues reflect Data processing revenues segment increase of 14% to $4.36B, Service revenues segment increase of 12% to $3.92B, International segment increase of 14% to $4.99B, U.S. segment increase of 2% to $3.65B. Net income benefited from Litigation provision decrease of 97% to $9M (expense). |
Employees: | 28,800 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $564,385M as of Dec 31, 2023 |
Annual revenue (TTM): | $33,351M as of Dec 31, 2023 |
EBITDA (TTM): | $23,510M as of Dec 31, 2023 |
Net annual income (TTM): | $17,701M as of Dec 31, 2023 |
Free cash flow (TTM): | $15,255M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $2,107M as of Dec 31, 2023 |
Shares outstanding: | 2,008,967,131 as of Jan 17, 2024 |
Index Membership: | S&P 500, Dow Industry |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |