Visa Inc. Class A (V) — Tangible Net Worth Ratio
Visa Inc. Class A (V) has a Tangible Net Worth Ratio of 22.2% as of March 2026. This metric is calculated by deducting intangible assets ($27.75 Billion) from net assets ($35.66 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See V working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Visa Inc. Class A Tangible Net Worth Ratio (2005–2025)
This chart shows how Visa Inc. Class A's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 22.2%, reflecting net assets of $35.66 Billion with intangible assets of $27.75 Billion USD. See Visa Inc. Class A (V) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Visa Inc. Class A (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Visa Inc. Class A from 2005 to 2025, covering 20 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see V stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 27.1% | $37.91 Billion | $27.65 Billion | $99.63 Billion | ▼ -4.2 pp |
| 2024 | 31.3% | $39.14 Billion | $26.89 Billion | $94.51 Billion | ▼ -1.3 pp |
| 2023 | 32.6% | $38.73 Billion | $26.10 Billion | $90.50 Billion | ▲ +3.1 pp |
| 2022 | 29.6% | $35.58 Billion | $25.07 Billion | $85.50 Billion | ▲ +3.2 pp |
| 2021 | 26.4% | $37.59 Billion | $27.66 Billion | $82.90 Billion | ▲ +3.2 pp |
| 2020 | 23.2% | $36.21 Billion | $27.81 Billion | $80.92 Billion | ▲ +0.4 pp |
| 2019 | 22.8% | $34.68 Billion | $26.78 Billion | $72.57 Billion | ▲ +3.8 pp |
| 2018 | 19.0% | $34.01 Billion | $27.56 Billion | $69.22 Billion | ▲ +4.0 pp |
| 2017 | 15.0% | $32.76 Billion | $27.85 Billion | $67.98 Billion | ▼ -2.3 pp |
| 2016 | 17.3% | $32.91 Billion | $27.23 Billion | $64.03 Billion | ▼ -43.5 pp |
| 2015 | 60.8% | $28.97 Billion | $11.36 Billion | $39.37 Billion | ▲ +2.4 pp |
| 2014 | 58.4% | $27.41 Billion | $11.41 Billion | $38.57 Billion | ▲ +0.6 pp |
| 2013 | 57.8% | $26.87 Billion | $11.35 Billion | $35.96 Billion | ▼ -0.9 pp |
| 2012 | 58.7% | $27.63 Billion | $11.42 Billion | $40.01 Billion | ▲ +1.9 pp |
| 2011 | 56.7% | $26.44 Billion | $11.44 Billion | $34.76 Billion | ▲ +2.6 pp |
| 2010 | 54.1% | $25.01 Billion | $11.48 Billion | $33.41 Billion | ▲ +1.0 pp |
| 2009 | 53.1% | $23.19 Billion | $10.88 Billion | $32.28 Billion | ▲ +4.6 pp |
| 2008 | 48.5% | $21.14 Billion | $10.88 Billion | $34.98 Billion | ▼ -51.5 pp |
| 2006 | 100.0% | $620.65 Million | $0.00 | $2.96 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $147.62 Million | $0.00 | $2.75 Billion | — |