Visa (V) Stock Inflation-Adjusted

Visa Inc. (V) is a global payments technology company that facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.

An investor's real gain is measured by the growth in their purchasing power, not just by the change in a stock's nominal price. To provide this essential analysis, this page adjusts Visa's entire stock price history for inflation using the US Consumer Price Index. The charts and data below let you compare the nominal price against its inflation-adjusted value, revealing a clearer picture of Visa's true long-term growth.

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use March 2026 as the baseline (latest available CPI).

The current value of Visa stock is 328.03 (as of the close of May 1, 2026), 11.62% lower than the all-time high of 371.16 (Jun 11, 2025).

Since March 19, 2008, the inflation-adjusted total return for the stock has been 1,607%, which is equivalent to an annual growth rate of 16.95%.

In nominal values, the total return since this date has been 2,540%, or an annualized rate of 19.8%.

Inflation-Adjusted Values by Month

This data presents Visa's end-of-month closing levels over time. The inflation-adjusted column shows what each past level would represent in roughly today's dollars based on the latest CPI reading, following the same present-value method that underlies the US Inflation Calculator. The newest row will show matching nominal and adjusted values until another CPI update becomes available.

Date	Inflation-Adjusted	Nominal value
May 2026	328.03	328.03
Apr 2026	329.84	329.84
Mar 2026	302.24	302.24
Feb 2026	323.5	320.14
Jan 2026	326.07	321.17
Dec 2025	356.64	349.99
Nov 2025	340.03	333.75
Oct 2025	339.37	339.37
Sep 2025	345.67	340.01
Aug 2025	357.11	350.36
Jul 2025	351.1	343.48
Jun 2025	361.38	353
May 2025	372.96	363.08
Apr 2025	353.01	342.94
Mar 2025	359.19	347.86
Feb 2025	372.58	360.02
Jan 2025	352.07	338.7
Dec 2024	327.67	313.17
Nov 2024	326.79	312.22
Oct 2024	299.89	286.67
Sep 2024	284.8	271.94
Aug 2024	286.73	273.34
Jul 2024	275.3	262.23
Jun 2024	272.3	259.08
May 2024	282.76	268.94
Apr 2024	278.71	264.65
Mar 2024	290.7	274.96
Feb 2024	296.32	278.47
Jan 2024	287.72	268.73
Dec 2023	275.62	256.03
Nov 2023	271.47	252.42
Oct 2023	247.61	230.71
Sep 2023	242.16	225.72
Aug 2023	259.3	241.09
Jul 2023	251.53	232.86
Jun 2023	251.75	232.61
May 2023	235.07	216.5
Apr 2023	247.65	227.52
Mar 2023	241.13	220.41
Feb 2023	236	215.01
Jan 2023	247.92	224.61
Dec 2022	225.53	202.71
Nov 2022	234.84	211.72
Oct 2022	223.46	201.67
Sep 2022	192.41	172.94
Aug 2022	215.68	193.45
Jul 2022	229.74	206.13
Jun 2022	213.23	191.34
May 2022	232.93	206.19
Apr 2022	236.12	206.72
Mar 2022	247.06	215.11
Feb 2022	243.98	209.63
Jan 2022	257.24	219.02
Dec 2021	248.55	209.86
Nov 2021	222.93	187.64
Oct 2021	244.4	204.71
Sep 2021	259.21	215.33
Aug 2021	267.32	221.47
Jul 2021	287.7	237.86
Jun 2021	274.34	225.72
May 2021	269.16	219.43
Apr 2021	278.39	225.14
Mar 2021	254.44	204.1
Feb 2021	257.05	204.74
Jan 2021	234.8	186
Dec 2020	266.89	210.52
Nov 2020	256.9	202.46
Oct 2020	221.46	174.63
Sep 2020	243.81	192.18
Aug 2020	258.83	203.73
Jul 2020	232.85	182.7
Jun 2020	237.43	185.36
May 2020	241.29	187.35
Apr 2020	220.51	171.21
Mar 2020	197.46	154.35
Feb 2020	222.27	174.12
Jan 2020	243.63	190.33
Dec 2019	230.97	179.74
Nov 2019	226.6	176.5
Oct 2019	219.18	170.81
Sep 2019	211.26	164.27
Aug 2019	222.26	172.68
Jul 2019	218.47	169.74
Jun 2019	213.36	165.5
May 2019	198.38	153.85
Apr 2019	202.31	156.56
Mar 2019	193.19	148.72
Feb 2019	184.24	141.03
Jan 2019	168.35	128.33
Dec 2018	164.83	125.41
Nov 2018	176.47	134.7
Oct 2018	170.79	130.79
Sep 2018	186.28	142.41
Aug 2018	182.52	139.37
Jul 2018	169.75	129.54
Jun 2018	164.43	125.48
May 2018	162.54	123.84
Apr 2018	158.17	120.01
Mar 2018	149.71	113.14
Feb 2018	154.22	116.28
Jan 2018	156.27	117.3
Dec 2017	144.21	107.66
Nov 2017	142.32	106.31
Oct 2017	138.77	103.66
Sep 2017	132.71	99.19
Aug 2017	131.23	97.57
Jul 2017	126.39	93.69
Jun 2017	118.97	88.25
May 2017	120.92	89.62
Apr 2017	115.72	85.69
Mar 2017	113.07	83.48
Feb 2017	111.98	82.61
Jan 2017	105.45	77.55
Dec 2016	100.05	73.15
Nov 2016	99.19	72.49
Oct 2016	105.46	77.2
Sep 2016	105.83	77.38
Aug 2016	103.78	75.69
Jul 2016	100.04	72.9
Jun 2016	94.91	69.28
May 2016	101.35	73.73
Apr 2016	99.39	72.02
Mar 2016	98.88	71.31
Feb 2016	94	67.49
Jan 2016	96.61	69.32
Dec 2015	100.75	72.16
Nov 2015	102.29	73.52
Oct 2015	100.05	72.06
Sep 2015	89.8	64.7
Aug 2015	91.77	66.23
Jul 2015	96.67	69.87
Jun 2015	86.17	62.27
May 2015	88.44	63.69
Apr 2015	85.34	61.14
Mar 2015	84.68	60.55
Feb 2015	88.33	62.79
Jan 2015	83.2	58.89
Dec 2014	85.18	60.57
Nov 2014	83.4	59.65
Oct 2014	77.42	55.67
Sep 2014	68.25	49.2
Aug 2014	68.03	49
Jul 2014	67.3	48.56
Jun 2014	67.18	48.49
May 2014	68.62	49.44
Apr 2014	64.82	46.54
Mar 2014	69.29	49.58
Feb 2014	72.99	51.9
Jan 2014	69.73	49.4
Dec 2013	72.34	51.06
Nov 2013	66.1	46.65
Oct 2013	63.63	45
Sep 2013	61.67	43.73
Aug 2013	56.35	39.91
Jul 2013	57.15	40.43
Jun 2013	59.03	41.74
May 2013	57.68	40.69
Apr 2013	54.54	38.41
Mar 2013	54.93	38.72
Feb 2013	51.44	36.17
Jan 2013	51.52	35.93
Dec 2012	49.6	34.49
Nov 2012	48.85	34.06
Oct 2012	44.96	31.5
Sep 2012	43.49	30.48
Aug 2012	41.73	29.11
Jul 2012	42.08	29.2
Jun 2012	40.24	27.97
May 2012	37.44	26.06
Apr 2012	39.85	27.77
Mar 2012	38.35	26.64
Feb 2012	38.11	26.27
Jan 2012	33.04	22.68
Dec 2011	33.48	22.88
Nov 2011	31.9	21.85
Oct 2011	30.58	20.97
Sep 2011	28.05	19.27
Aug 2011	28.8	19.76
Jul 2011	28.06	19.2
Jun 2011	27.67	18.91
May 2011	26.59	18.19
Apr 2011	25.7	17.5
Mar 2011	24.37	16.49
Feb 2011	24.42	16.37
Jan 2011	23.42	15.62
Dec 2010	23.71	15.74
Nov 2010	24.92	16.51
Oct 2010	26.33	17.44
Sep 2010	25.05	16.57
Aug 2010	23.28	15.39
Jul 2010	24.75	16.34
Jun 2010	23.88	15.76
May 2010	24.43	16.14
Apr 2010	30.4	20.07
Mar 2010	30.72	20.25
Feb 2010	28.9	18.97
Jan 2010	27.76	18.22
Dec 2009	29.7	19.42
Nov 2009	27.46	17.99
Oct 2009	25.66	16.8
Sep 2009	23.43	15.33
Aug 2009	24.12	15.77
Jul 2009	22.22	14.49
Jun 2009	21.1	13.79
May 2009	23.15	14.99
Apr 2009	22.24	14.36
Mar 2009	19.08	12.29
Feb 2009	19.51	12.54
Jan 2009	17.03	10.89
Dec 2008	18.18	11.57
Nov 2008	18.03	11.6
Oct 2008	18.58	12.19
Sep 2008	20.4	13.52
Aug 2008	25.19	16.71
Jul 2008	24.12	16.06
Jun 2008	26.98	17.88
May 2008	28.95	18.99
Apr 2008	28.21	18.35
Mar 2008	21.21	13.71

Returns from Investing in Visa stock

How much did an investment in Visa really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for Visa stock by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Observe how inflation erodes nominal gains, sometimes resulting in a negative real return even when the stock price nominally increased, as in 2016.

Year	Inflation-Adjusted Return	Nominal Return
2024	18.88%	22.32%
2023	22.21%	26.31%
2022	-9.26%	-3.41%
2021	-6.87%	-0.32%
2020	15.55%	17.12%
2019	40.12%	43.33%
2018	14.3%	16.49%
2017	44.13%	47.17%
2016	-0.69%	1.37%
2015	18.27%	19.14%
2014	17.74%	18.63%
2013	45.86%	48.05%
2012	48.14%	50.72%
2011	41.22%	45.41%
2010	-20.19%	-18.99%
2009	63.41%	67.86%

Visa Stock: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for Visa over various trailing periods ending March 31, 2026, offering a clearer view of long-term, real investment performance.

Period	Avg. Annual Return (Inflation-Adjusted)	Avg. Annual Return (Nominal)
Last 1 year	-15.85%	-13.11%
Last 3 years	7.82%	11.1%
Last 5 years	3.5%	8.17%
Last 10 years	11.82%	15.54%

Real Returns of Investing in the Visa

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in September 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Visa five years ago yielded an 66.07% nominal gain, but the real return (the actual increase in buying power) was 34.48%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

Investment Period	What $100 Grew To (Nominal)	Total Nominal Return (%)	Total Inflation-Adjusted Return (%)
Last 5 years Feb 2021 - Sep 2025	$166.07	66.07%	34.48%
Last 10 years Feb 2016 - Sep 2025	$503.76	403.76%	267.75%

How Inflation Impacts Visa

Visa's business model has a relatively high resilience to inflation, as its revenues are directly tied to the nominal value of transactions.

Revenue Growth: Visa's revenue is largely generated from a percentage of the payment volume processed on its network. As inflation drives up the prices of goods and services, total spending increases, which in turn boosts Visa's nominal revenue.
Consumer Spending Habits: While moderate inflation can increase transaction values, high inflation may lead to a reduction in discretionary spending by consumers, potentially lowering the total number of transactions.
Cross-Border Transactions: Inflation rates can vary significantly between countries. This can affect the volume of cross-border travel and e-commerce, a lucrative segment for Visa.
Operating Expenses: Like any company, Visa is subject to rising operational costs due to wage inflation and other business expenses.

Visa's business model provides a natural hedge against inflation. The company's focus on expanding digital payment acceptance globally and investing in new technologies helps drive transaction growth, offsetting potential slowdowns in consumer spending. Its scalable network allows it to handle increased volume with manageable cost increases.

About Visa

Visa Inc. connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure, and reliable electronic payments.

The company operates one of the world's most advanced processing networks, VisaNet, which provides fraud protection for consumers and assured payment for merchants.

Visa does not issue cards, extend credit, or set rates and fees for consumers. Headquartered in San Francisco, California, its stock is a major component of the Dow Jones Industrial Average and the S&P 500.

Last Close May 1, 2026	328.03
Highest Jun 11, 2025	371.16
Highest, Inflation-Adjusted Jun 11, 2025	379.96
Annualized return Since Mar 19, 2008	19.8%
Annualized return, Inflation-Adjusted Since Mar 19, 2008	16.95%