Visa Inc. Class A (V) — Tangible Net Worth Ratio
Visa Inc. Class A (V) has a Tangible Net Worth Ratio of 21.7% as of June 2026. This metric is calculated by deducting intangible assets ($27.53 Billion) from net assets ($35.18 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. Also explore V year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 June 2026, the ratio stands at 21.7%, reflecting net assets of $35.18 Billion with intangible assets of $27.53 Billion USD. For live market cap and overall valuation, see V stock market capitalisation.
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. Explore Visa Inc. Class A capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |