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 September 2026 as the baseline (latest available CPI).

The current value of Visa stock is 410.54 (as of the close of Oct 29, 2026), 0.92% lower than the all-time high of 414.34 (Oct 22, 2026).

Since March 19, 2008, the inflation-adjusted total return for the stock has been 2,002%, which is equivalent to an annual growth rate of 17.78%.

In nominal values, the total return since this date has been 3,218%, or an annualized rate of 20.7%.

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
Oct 2026	410.54	410.54
Sep 2026	359.33	359.33
Aug 2026	381.59	379.37
Jul 2026	368.76	365.45
Jun 2026	345.52	342.45
May 2026	327.52	325.76
Apr 2026	332.42	328.55
Mar 2026	307.19	301.06
Feb 2026	328.8	318.89
Jan 2026	331.41	319.91
Dec 2025	362.48	348.62
Nov 2025	345.59	332.45
Oct 2025	338.04	338.04
Sep 2025	351.34	338.68
Aug 2025	362.96	348.99
Jul 2025	356.85	342.13
Jun 2025	367.3	351.62
May 2025	379.07	361.66
Apr 2025	358.79	341.6
Mar 2025	365.07	346.5
Feb 2025	378.68	358.61
Jan 2025	357.84	337.37
Dec 2024	333.03	311.95
Nov 2024	332.14	311
Oct 2024	304.8	285.55
Sep 2024	289.46	270.87
Aug 2024	291.43	272.27
Jul 2024	279.81	261.21
Jun 2024	276.76	258.06
May 2024	287.39	267.88
Apr 2024	283.28	263.61
Mar 2024	295.47	273.89
Feb 2024	301.17	277.38
Jan 2024	292.43	267.68
Dec 2023	280.14	255.03
Nov 2023	275.91	251.44
Oct 2023	251.67	229.81
Sep 2023	246.13	224.83
Aug 2023	263.55	240.15
Jul 2023	255.65	231.94
Jun 2023	255.87	231.7
May 2023	238.92	215.65
Apr 2023	251.71	226.63
Mar 2023	245.08	219.55
Feb 2023	239.87	214.17
Jan 2023	251.98	223.73
Dec 2022	229.23	201.92
Nov 2022	238.69	210.9
Oct 2022	227.13	200.88
Sep 2022	195.56	172.27
Aug 2022	219.21	192.69
Jul 2022	233.5	205.32
Jun 2022	216.72	190.59
May 2022	236.75	205.38
Apr 2022	239.98	205.92
Mar 2022	251.11	214.26
Feb 2022	247.98	208.81
Jan 2022	261.45	218.16
Dec 2021	252.63	209.04
Nov 2021	226.58	186.91
Oct 2021	248.41	203.91
Sep 2021	263.46	214.48
Aug 2021	271.7	220.6
Jul 2021	292.41	236.93
Jun 2021	278.83	224.84
May 2021	273.57	218.57
Apr 2021	282.95	224.26
Mar 2021	258.61	203.3
Feb 2021	261.26	203.94
Jan 2021	238.64	185.27
Dec 2020	271.26	209.7
Nov 2020	261.11	201.66
Oct 2020	225.08	173.94
Sep 2020	247.8	191.42
Aug 2020	263.07	202.93
Jul 2020	236.66	181.99
Jun 2020	241.32	184.64
May 2020	245.24	186.62
Apr 2020	224.12	170.54
Mar 2020	200.7	153.75
Feb 2020	225.91	173.44
Jan 2020	247.62	189.59
Dec 2019	234.76	179.04
Nov 2019	230.31	175.81
Oct 2019	222.77	170.14
Sep 2019	214.72	163.63
Aug 2019	225.9	172.01
Jul 2019	222.04	169.08
Jun 2019	216.85	164.85
May 2019	201.63	153.25
Apr 2019	205.62	155.95
Mar 2019	196.35	148.14
Feb 2019	187.26	140.48
Jan 2019	171.11	127.83
Dec 2018	167.53	124.92
Nov 2018	179.37	134.17
Oct 2018	173.58	130.28
Sep 2018	189.33	141.85
Aug 2018	185.51	138.82
Jul 2018	172.53	129.04
Jun 2018	167.13	124.99
May 2018	165.21	123.36
Apr 2018	160.76	119.54
Mar 2018	152.17	112.7
Feb 2018	156.74	115.83
Jan 2018	158.83	116.84
Dec 2017	146.57	107.24
Nov 2017	144.65	105.89
Oct 2017	141.05	103.26
Sep 2017	134.88	98.81
Aug 2017	133.38	97.19
Jul 2017	128.46	93.32
Jun 2017	120.92	87.91
May 2017	122.9	89.26
Apr 2017	117.61	85.35
Mar 2017	114.92	83.16
Feb 2017	113.81	82.29
Jan 2017	107.18	77.25
Dec 2016	101.69	72.87
Nov 2016	100.81	72.21
Oct 2016	107.18	76.9
Sep 2016	107.57	77.07
Aug 2016	105.48	75.4
Jul 2016	101.68	72.61
Jun 2016	96.47	69
May 2016	103.01	73.44
Apr 2016	101.02	71.73
Mar 2016	100.5	71.03
Feb 2016	95.54	67.23
Jan 2016	98.19	69.04
Dec 2015	102.4	71.88
Nov 2015	103.97	73.23
Oct 2015	101.69	71.78
Sep 2015	91.27	64.45
Aug 2015	93.27	65.97
Jul 2015	98.25	69.59
Jun 2015	87.58	62.03
May 2015	89.89	63.44
Apr 2015	86.74	60.91
Mar 2015	86.07	60.32
Feb 2015	89.78	62.54
Jan 2015	84.57	58.66
Dec 2014	86.58	60.33
Nov 2014	84.77	59.41
Oct 2014	78.69	55.45
Sep 2014	69.37	49
Aug 2014	69.14	48.81
Jul 2014	68.41	48.37
Jun 2014	68.28	48.3
May 2014	69.75	49.25
Apr 2014	65.89	46.36
Mar 2014	70.43	49.39
Feb 2014	74.19	51.7
Jan 2014	70.87	49.2
Dec 2013	73.53	50.86
Nov 2013	67.18	46.47
Oct 2013	64.67	44.83
Sep 2013	62.68	43.56
Aug 2013	57.27	39.76
Jul 2013	58.09	40.27
Jun 2013	60	41.58
May 2013	58.62	40.53
Apr 2013	55.43	38.26
Mar 2013	55.83	38.57
Feb 2013	52.28	36.03
Jan 2013	52.36	35.79
Dec 2012	50.41	34.35
Nov 2012	49.65	33.93
Oct 2012	45.7	31.37
Sep 2012	44.21	30.36
Aug 2012	42.41	29
Jul 2012	42.77	29.08
Jun 2012	40.9	27.86
May 2012	38.06	25.96
Apr 2012	40.5	27.66
Mar 2012	38.98	26.54
Feb 2012	38.73	26.17
Jan 2012	33.58	22.59
Dec 2011	34.03	22.79
Nov 2011	32.42	21.77
Oct 2011	31.08	20.89
Sep 2011	28.51	19.2
Aug 2011	29.27	19.68
Jul 2011	28.52	19.12
Jun 2011	28.12	18.84
May 2011	27.02	18.12
Apr 2011	26.12	17.43
Mar 2011	24.77	16.43
Feb 2011	24.82	16.3
Jan 2011	23.8	15.56
Dec 2010	24.1	15.67
Nov 2010	25.33	16.45
Oct 2010	26.76	17.37
Sep 2010	25.46	16.5
Aug 2010	23.66	15.33
Jul 2010	25.15	16.28
Jun 2010	24.27	15.7
May 2010	24.83	16.08
Apr 2010	30.9	19.99
Mar 2010	31.23	20.17
Feb 2010	29.37	18.89
Jan 2010	28.22	18.15
Dec 2009	30.19	19.35
Nov 2009	27.91	17.92
Oct 2009	26.08	16.73
Sep 2009	23.82	15.27
Aug 2009	24.52	15.71
Jul 2009	22.59	14.44
Jun 2009	21.45	13.73
May 2009	23.53	14.93
Apr 2009	22.6	14.3
Mar 2009	19.39	12.24
Feb 2009	19.83	12.49
Jan 2009	17.31	10.85
Dec 2008	18.47	11.53
Nov 2008	18.32	11.55
Oct 2008	18.89	12.14
Sep 2008	20.74	13.47
Aug 2008	25.6	16.65
Jul 2008	24.51	16
Jun 2008	27.42	17.81
May 2008	29.42	18.91
Apr 2008	28.67	18.28
Mar 2008	21.55	13.66

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 September 30, 2026, offering a clearer view of long-term, real investment performance.

Period	Avg. Annual Return (Inflation-Adjusted)	Avg. Annual Return (Nominal)
Last 1 year	2.28%	6.1%
Last 3 years	13.44%	16.92%
Last 5 years	6.4%	10.87%
Last 10 years	12.82%	16.64%

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 Oct 29, 2026	410.54
Highest Oct 22, 2026	414.34
Highest, Inflation-Adjusted Oct 22, 2026	414.34
Annualized return Since Mar 19, 2008	20.7%
Annualized return, Inflation-Adjusted Since Mar 19, 2008	17.78%