# V · Visa Inc.

Snapshot 2026-10-26 · CIK 0001403161 · NYSE · Services-Business Services, Nec

Price 407.92 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 761.61 B

Machine-readable: https://theclaudetrader.com/s/V.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 33.5 (partial: 5, 6) · complete: False · missing tests: 5, 6 · current inputs as of 2025-09-30 · stale inputs: Revenue · history 2013–2025 · price 2026-10-23 · verification {'verified': 13, 'mismatch': 0, 'unverified': 15, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 40.0 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 0.99  · threshold >= 2.0 · points 0.0/15
- 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 18 of 20  · threshold 20 of 20 · points 13.5/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: None  · threshold >= +33% · points None/10
- 6 P/E on 3-year average EPS: None  · threshold <= 15 · points None/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 21.65  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 407.92 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 40000000000.0 · 2025-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - current_assets: 31002000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - current_liabilities: 31467000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - lt_debt: 20862000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - equity: 35178000000.0 · 2026-06-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - Net income FY2016: 5991000000.0 · 2016-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316118000055/ · unverified
  - Net income FY2017: 6699000000.0 · 2017-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316119000050/ · unverified
  - Net income FY2018: 10301000000.0 · 2018-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/ · unverified
  - Net income FY2019: 12080000000.0 · 2019-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316121000060/ · unverified
  - Net income FY2020: 10866000000.0 · 2020-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316122000081/ · unverified
  - Net income FY2021: 12311000000.0 · 2021-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Net income FY2022: 14957000000.0 · 2022-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Net income FY2023: 17273000000.0 · 2023-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2024: 19743000000.0 · 2024-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2025: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Dividend years (Yahoo): [2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/V/history?filter=div · verified (partly: XBRL covers 12 of 20 years)
  - Dividends per share FY2013 (XBRL): 0.0825 · 2013-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316115000013/ · verified
  - Dividends per share FY2014 (XBRL): 0.1 · 2014-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316115000013/ · verified
  - Dividends per share FY2015 (XBRL): 0.12 · 2015-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316115000013/ · verified
  - Dividends per share FY2016 (XBRL): 0.14 · 2016-09-30 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1403161/000140316116000058/ · verified
  - Dividends per share FY2017 (XBRL): 0.165 · 2017-09-30 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/1403161/000140316117000044/ · verified
  - Dividends per share FY2019 (XBRL): 0.25 · 2019-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316121000060/ · verified
  - Dividends per share FY2020 (XBRL): 0.3 · 2020-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316122000081/ · verified
  - Dividends per share FY2021 (XBRL): 0.32 · 2021-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · verified
  - Dividends per share FY2022 (XBRL): 0.375 · 2022-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · verified
  - Dividends per share FY2023 (XBRL): 0.45 · 2023-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · verified
  - Dividends per share FY2024 (XBRL): 0.52 · 2024-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · verified
  - Dividends per share FY2025 (XBRL): 0.59 · 2025-09-30 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · verified
  - Shares outstanding: 1867047259.5289001 · 2026-07-21 · SEC cover page 10-Q 0001403161-26-000104 (sum of classes (Class A Common Stock, par value $0.0001 per share 1,704,112,694 x 1; Class B-1 common stock 2,180,148 x 1.5445; Class B-2 common stock 486,669 x 1.5014; Class B-3 common stock 60,589,871 x 1.4953; Class C common stock 17,059,152 x 4; class economics verified in https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/vex42593025.htm)); filing document https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/v-20260630.htm · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/R1.htm

### Magic Formula: 73.6 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: operating_income_q, operating_income_q · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 3.49 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 614.52 % · threshold  · points /
-  Combined rank: 136  · threshold  · points /

Inputs:
  - operating_income: 23994000000.0 · 2025-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/
  - operating_income_q: 6737000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q4) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000045/
  - operating_income_q: 6234000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss (quarter CY2024Q4) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000045/
  - operating_income_q: 7234000000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000079/
  - operating_income_q: 5435000000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000079/
  - operating_income_q: 6877000000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - operating_income_q: 6177000000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - current_assets: 31002000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - current_liabilities: 31467000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - cash: 12359000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - ppe_net: 4858000000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - lt_debt: 20862000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - debt_lt_current: 2996000000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/
  - shares_out: 1867047259.5289001 · 2026-07-21 · SEC cover page 10-Q 0001403161-26-000104 (sum of classes (Class A Common Stock, par value $0.0001 per share 1,704,112,694 x 1; Class B-1 common stock 2,180,148 x 1.5445; Class B-2 common stock 486,669 x 1.5014; Class B-3 common stock 60,589,871 x 1.4953; Class C common stock 17,059,152 x 4; class economics verified in https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/vex42593025.htm)); filing document https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/v-20260630.htm · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/R1.htm
  - Price (close): 407.92 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebtNoncurrent + LongTermDebtCurrent ·  ·  · 

### Momentum: 70.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 5.3 % · threshold  · points 24.3/50
-  6 month return: 32.6 % · threshold  · points 17.9/20
-  Price / 52-week high: 0.985  · threshold  · points 14.8/15
-  Volatility penalty (60d annualised): 18.8 % · threshold  · points 13.0/15

Inputs:
  - Adjusted close series (14 months): 407.92 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.36 bp · threshold  · points -5.1/0

Inputs:
  - Form 4 S Taneja Rajat 2026-08-21: 6650917.0 · 2026-08-21 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000113/
  - Form 4 S MAHON TULLIER KELLY 2026-07-30: 13609429.05 · 2026-07-30 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000107/
  - Form 4 S MAHON TULLIER KELLY 2026-07-30: 7292916.71 · 2026-07-30 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000107/
  - excluded 2026-10-01 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-09 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-01 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-31 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-21 S: 10b5-1 plan ·  · rule · 

### Buffett Quality: 85.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 48, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 39.7% over 8 yrs  · threshold >= 15% · points 25.0/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: +13.9% a year  · threshold >= +10% · points 10.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): 1.3 years · threshold <= 4 · points 15.0/15
- 5 Operating margin, 5-yr average: 63.9%  · threshold >= 20% · points 10.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.10  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 2.6%  · threshold >= 7% · points 0.0/15

Inputs:
  - Price (close, per traded unit): 407.92 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 10301000000.0 · 2018-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/ · unverified
  - Equity at FY2018 end: 34006000000.0 · 2018-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316121000060/ · unverified
  - Net income FY2019: 12080000000.0 · 2019-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316121000060/ · unverified
  - Equity at FY2019 end: 34684000000.0 · 2019-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316122000081/ · unverified
  - Net income FY2020: 10866000000.0 · 2020-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316122000081/ · unverified
  - Equity at FY2020 end: 36210000000.0 · 2020-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Net income FY2021: 12311000000.0 · 2021-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Equity at FY2021 end: 37589000000.0 · 2021-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Net income FY2022: 14957000000.0 · 2022-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Equity at FY2022 end: 35581000000.0 · 2022-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2023: 17273000000.0 · 2023-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Equity at FY2023 end: 38733000000.0 · 2023-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2024: 19743000000.0 · 2024-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Equity at FY2024 end: 39137000000.0 · 2024-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - Net income FY2025: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Equity at FY2025 end: 37909000000.0 · 2025-09-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - Net income FY2016: 5991000000.0 · 2016-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316118000055/ · unverified
  - Net income FY2017: 6699000000.0 · 2017-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316119000050/ · unverified
  - Net income FY2018: 10301000000.0 · 2018-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/ · unverified
  - Net income FY2019: 12080000000.0 · 2019-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316121000060/ · unverified
  - Net income FY2020: 10866000000.0 · 2020-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316122000081/ · unverified
  - Net income FY2021: 12311000000.0 · 2021-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Net income FY2022: 14957000000.0 · 2022-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Net income FY2023: 17273000000.0 · 2023-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2024: 19743000000.0 · 2024-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2025: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - lt_debt: 20862000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - debt_lt_current: 2996000000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - Operating income FY2021: 15804000000.0 · 2021-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Revenue FY2021: 24105000000.0 · 2021-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Operating income FY2022: 18813000000.0 · 2022-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Revenue FY2022: 29310000000.0 · 2022-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Operating income FY2023: 21000000000.0 · 2023-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Revenue FY2023: 32653000000.0 · 2023-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Operating income FY2024: 23595000000.0 · 2024-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Revenue FY2024: 35926000000.0 · 2024-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Operating income FY2025: 23994000000.0 · 2025-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Revenue FY2025: 40000000000.0 · 2025-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Operating cash flow FY2021: 15227000000.0 · 2021-09-30 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified

### Lynch GARP: 19.0 (partial: 1, 2, 3, 5) · complete: False · missing tests: 1, 2, 3, 5 · current inputs as of 2026-06-30 · stale inputs: none · history None–None · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 4, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points None/30
- 2 EPS growth, 5-yr compound rate: None  · threshold 12% to 35% a year · points None/20
- 3 P/E on latest annual EPS: None  · threshold <= 25 · points None/10
- 4 Borrowings / equity: 0.68  · threshold <= 0.5 · points 12.3/15
- 5 Years of the last 5 in which EPS rose: None  · threshold 5 of 5 · points None/15
- 6 Net cash (cash minus borrowings) / market cap: -1.5%  · threshold >= +10% · points 6.7/10

Inputs:
  - Price (close, per traded unit): 407.92 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - lt_debt: 20862000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - debt_lt_current: 2996000000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - equity: 35178000000.0 · 2026-06-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - cash: 12359000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified

### Graham Enterprising: 25.0 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2026-06-30 · stale inputs: none · history 2021–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 8, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 0.99  · threshold >= 1.5 · points 0.0/15
- 2 Borrowings vs working capital: None  · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: None  · threshold higher · points None/10
- 6 Price / book value per share: 21.65  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 407.92 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 31002000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - current_liabilities: 31467000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - Net income FY2021: 12311000000.0 · 2021-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/ · unverified
  - Net income FY2022: 14957000000.0 · 2022-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/ · unverified
  - Net income FY2023: 17273000000.0 · 2023-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2024: 19743000000.0 · 2024-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Net income FY2025: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/V/history?filter=div
  - equity: 35178000000.0 · 2026-06-30 · SEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - Shares outstanding: 1867047259.5289001 · 2026-07-21 · SEC cover page 10-Q 0001403161-26-000104 (sum of classes (Class A Common Stock, par value $0.0001 per share 1,704,112,694 x 1; Class B-1 common stock 2,180,148 x 1.5445; Class B-2 common stock 486,669 x 1.5014; Class B-3 common stock 60,589,871 x 1.4953; Class C common stock 17,059,152 x 4; class economics verified in https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/vex42593025.htm)); filing document https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/v-20260630.htm · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/R1.htm

### Piotroski F-Score: 55.6 (partial: 7) · complete: False · missing tests: 7 · current inputs as of None · stale inputs: none · history 2024–2025 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 25, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 20.1%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 23,059M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 20.9% -> 20.1%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 23,059M vs 20,058M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 22.0% -> 19.7%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 6 Current ratio improved: 1.28 -> 1.08  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): None  · threshold pass = 1 · points None/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 65.7% -> 60.0%  · threshold pass = 1 · points 0.0/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.38 -> 0.40  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-09-30: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - total_assets 2025-09-30: 99627000000.0 · 2025-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - cfo 2025-09-30: 23059000000.0 · 2025-09-30 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - net_income 2025-09-30: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - net_income 2024-09-30: 19743000000.0 · 2024-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - total_assets 2025-09-30: 99627000000.0 · 2025-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - total_assets 2024-09-30: 94511000000.0 · 2024-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - cfo 2025-09-30: 23059000000.0 · 2025-09-30 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - net_income 2025-09-30: 20058000000.0 · 2025-09-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - lt_debt 2025-09-30: 19602000000.0 · 2025-09-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - lt_debt 2024-09-30: 20836000000.0 · 2024-09-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - total_assets 2025-09-30: 99627000000.0 · 2025-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - total_assets 2024-09-30: 94511000000.0 · 2024-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - current_assets 2025-09-30: 37766000000.0 · 2025-09-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - current_assets 2024-09-30: 34033000000.0 · 2024-09-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - current_liabilities 2025-09-30: 35048000000.0 · 2025-09-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - current_liabilities 2024-09-30: 26517000000.0 · 2024-09-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - operating_income 2025-09-30: 23994000000.0 · 2025-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - operating_income 2024-09-30: 23595000000.0 · 2024-09-30 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - revenue 2025-09-30: 40000000000.0 · 2025-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - revenue 2024-09-30: 35926000000.0 · 2024-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - revenue 2025-09-30: 40000000000.0 · 2025-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - revenue 2024-09-30: 35926000000.0 · 2024-09-30 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified
  - total_assets 2025-09-30: 99627000000.0 · 2025-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/ · unverified
  - total_assets 2024-09-30: 94511000000.0 · 2024-09-30 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 407.92 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 1,867,047,260 underlying shares, period 2026-07-21, SEC cover page 10-Q 0001403161-26-000104 (sum of classes (Class A Common Stock, par value $0.0001 per share 1,704,112,694 x 1; Class B-1 common stock 2,180,148 x 1.5445; Class B-2 common stock 486,669 x 1.5014; Class B-3 common stock 60,589,871 x 1.4953; Class C common stock 17,059,152 x 4; class economics verified in https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/vex42593025.htm)); filing document https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/v-20260630.htm, accession 0001403161-26-000104 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000104/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 761,605,918,107 USD; 407.92 (price 2026-10-23) / 1 x 1,867,047,260 (shares at 2026-07-21) = 761,605,918,107

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-09-30): 11778000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316115000013/
- FY2014 (ended 2014-09-30): 12702000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316116000058/
- FY2015 (ended 2015-09-30): 13880000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316117000044/
- FY2016 (ended 2016-09-30): 15082000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316118000055/
- FY2017 (ended 2017-09-30): 18358000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316119000050/
- FY2018 (ended 2018-09-30): 20609000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/
- FY2019 (ended 2019-09-30): 22977000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/
- FY2020 (ended 2020-09-30): 21846000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/
- FY2021 (ended 2021-09-30): 24105000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/
- FY2022 (ended 2022-09-30): 29310000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/
- FY2023 (ended 2023-09-30): 32653000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/
- FY2024 (ended 2024-09-30): 35926000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/
- FY2025 (ended 2025-09-30): 40000000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-09-30): 4980000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316115000013/
- FY2014 (ended 2014-09-30): 5438000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316116000058/
- FY2015 (ended 2015-09-30): 6328000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316117000044/
- FY2016 (ended 2016-09-30): 5991000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316118000055/
- FY2017 (ended 2017-09-30): 6699000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316119000050/
- FY2018 (ended 2018-09-30): 10301000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316120000070/
- FY2019 (ended 2019-09-30): 12080000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316121000060/
- FY2020 (ended 2020-09-30): 10866000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316122000081/
- FY2021 (ended 2021-09-30): 12311000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316123000099/
- FY2022 (ended 2022-09-30): 14957000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316124000058/
- FY2023 (ended 2023-09-30): 17273000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/
- FY2024 (ended 2024-09-30): 19743000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/
- FY2025 (ended 2025-09-30): 20058000000.0 · https://www.sec.gov/Archives/edgar/data/1403161/000140316125000089/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)


## Dividend years (Yahoo history)

2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-10-01 S MCINERNEY RYAN (CEO) 5875 @ 358.81 = 2108009 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000123/#live
- 2026-09-09 S ROTTENBERG JULIE B (officer) 1867 @ 368.34 = 687691 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000118/
- 2026-09-01 S MCINERNEY RYAN (CEO) 5875 @ 379.65 = 2230444 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000117/
- 2026-08-31 S ROTTENBERG JULIE B (officer) 2028 @ 381.35 = 773378 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000115/
- 2026-08-21 S MCINERNEY RYAN (CEO) 5875 @ 367.87 = 2161236 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000112/
- 2026-08-21 S Taneja Rajat (Pres) 17927 @ 371.00 = 6650917 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000113/
- 2026-07-30 S MAHON TULLIER KELLY (Chair) 37281 @ 365.05 = 13609429 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000107/
- 2026-07-30 S MAHON TULLIER KELLY (Chair) 19991 @ 364.81 = 7292917 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000107/
- 2026-07-02 S ROTTENBERG JULIE B (officer) 2027 @ 360.00 = 729720 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000090/
- 2026-07-01 S MCINERNEY RYAN (CEO) 1638 @ 344.55 = 564373 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000089/
- 2026-07-01 S MCINERNEY RYAN (CEO) 8852 @ 343.88 = 3044026 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000089/
- 2026-06-29 S MCINERNEY RYAN (CEO) 20970 @ 340.25 = 7135042 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000088/
- 2026-05-12 S Suh Chris (CFO) 10639 @ 324.81 = 3455654 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000083/
- 2026-04-29 S MCINERNEY RYAN (CEO) 31455 @ 340.14 = 10699104 · https://www.sec.gov/Archives/edgar/data/1403161/000140316126000081/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001403161
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001403161.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001403161&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001403161&type=8-K
- yahoo: https://finance.yahoo.com/quote/V
- stooq: https://stooq.com/q/d/?s=v.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=V
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=V
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/v/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/V
- openinsider (link only, nothing stored): http://openinsider.com/search?q=V
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=V+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/V; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.