Stock Analysis on Net
Stock Analysis on Net

Visa Inc. (NYSE:V)

This company has been moved to the archive! The financial data has not been updated since April 27, 2023.

Common-Size Income Statement 

Visa Inc., common-size consolidated income statement

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12 months ended: Sep 30, 2022 Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017
Net revenues 100.00 100.00 100.00 100.00 100.00 100.00
Personnel -17.02 -17.59 -17.33 -14.99 -15.38 -14.32
Marketing -4.56 -4.71 -4.44 -4.81 -4.79 -5.02
Network and processing -2.53 -3.03 -3.33 -3.14 -3.33 -3.38
Professional fees -1.72 -1.67 -1.87 -1.98 -2.16 -2.23
Depreciation and amortization -2.94 -3.34 -3.51 -2.86 -2.97 -3.03
General and administrative -4.07 -4.09 -5.02 -5.21 -5.56 -5.77
Litigation provision -2.96 -0.01 -0.05 -1.74 -2.95 -0.10
Operating expenses -35.81% -34.44% -35.54% -34.71% -37.14% -33.85%
Operating income 64.19% 65.56% 64.46% 65.29% 62.86% 66.15%
Interest expense -1.84 -2.13 -2.36 -2.32 -2.97 -3.07
Investment income (expense) -0.77 3.03 0.92 1.67 2.28 0.57
Other 0.30 0.17 0.11 0.14 -0.03 0.04
Investment income (expense) and other -0.47% 3.20% 1.03% 1.81% 2.25% 0.62%
Non-operating income (expense) -2.31% 1.07% -1.33% -0.51% -0.72% -2.45%
Income before income taxes 61.88% 66.64% 63.12% 64.78% 62.14% 63.70%
Income tax provision -10.85 -15.57 -13.38 -12.20 -12.15 -27.21
Net income 51.03% 51.07% 49.74% 52.57% 49.98% 36.49%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Visa Inc. operating income as a percentage of net revenues increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Visa Inc. income before income taxes as a percentage of net revenues increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Visa Inc. net income as a percentage of net revenues increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.