Visa Inc.
VNYSEServices-Business Services, NECFiscal year ends September 30
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026Score 11/30107% above fair value
$425.51+11.92 (+2.88%)
Close on Nov 2, 2026Market cap $759.29BP/E –Yield 0.14%
Visa Conversion rate by Year
Conversion rate — Series C convertible preferred stock into Class A (x) (×)
Visa Conversion rate: 0.76× in FY25, down 57.2% from a year earlier.
Latest, FY25
0.76
Period ended Sep 30, 2025
Change on a year earlier
-57.2%
1.79 in FY24
History
7 years
Since FY19
Sources
7
Documents cited below
Where the FY25 figure comes from
Source: Visa Form 10-Q (2025-09-30) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Conversion rate — Series C convertible preferred stock into Class A (x) (×) | Year on year | Source |
|---|---|---|---|---|
| FY25 | Sep 30, 2025 | 0.76 | -57.2% | Visa Form 10-Q (2025-09-30) ↗ |
| FY24 | Sep 30, 2024 | 1.79 | -50.8% | Visa Form 10-K (2024-09-30) ↗ |
| FY23 | Sep 30, 2023 | 3.63 | -0.4% | Visa Form 10-K (2023-09-30) ↗ |
| FY22 | Sep 30, 2022 | 3.65 | -46.7% | Visa Form 10-K (2022-09-30) ↗ |
| FY21 | Sep 30, 2021 | 6.83 | -0.4% | Visa Form 10-K (2021-09-30) ↗ |
| FY20 | Sep 30, 2020 | 6.86 | -50.6% | Visa Form 10-Q (2020-09-30) ↗ |
| FY19 | Sep 30, 2019 | 13.88 | – | Visa Form 10-Q (2019-09-30) ↗ |
Cite this data
StockData. (2026). Visa Conversion rate (×), annual FY19–FY25 [Data set]. Compiled from Visa SEC filings and investor materials. https://stockdatahq.com/stocks/v/kpis/conv-pref-c
See every metric in the Visa KPI table. Data updated Oct 24, 2026.