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 June 2025 as the baseline (latest available CPI).

The current value of Visa stock is 347.02 (as of the close of Jul 15, 2025), 7.04% lower than the all-time high of 373.31 (Jun 11, 2025).

Since March 19, 2008, the inflation-adjusted total return for the stock has been 1,735%, which is equivalent to an annual growth rate of 18.29%.

In nominal values, the total return since this date has been 2,673%, or an annualized rate of 21.14%.

Inflation-Adjusted Values by Month

This data presents Visa's end-of-month closing levels over time. Inflation-adjusted figures show what past levels would be worth using roughly today's purchasing power (based on the latest CPI data). The latest entry in the table will have equal nominal and adjusted values until the next CPI figures are released.

Date	Inflation-Adjusted	Nominal value
Jul 2025	347.02	347.02
Jun 2025	355.05	355.05
May 2025	366.44	365.19
Apr 2025	347.4	345.5
Mar 2025	353.49	350.46
Feb 2025	366.66	362.71
Jan 2025	346.48	341.23
Dec 2024	322.46	315.51
Nov 2024	321.6	314.55
Oct 2024	295.13	288.82
Sep 2024	280.28	273.97
Aug 2024	282.18	275.38
Jul 2024	270.93	264.19
Jun 2024	267.98	261.01
May 2024	278.27	270.95
Apr 2024	274.29	266.62
Mar 2024	286.09	277.02
Feb 2024	291.61	280.55
Jan 2024	283.15	270.74
Dec 2023	271.24	257.95
Nov 2023	267.16	254.31
Oct 2023	243.68	232.43
Sep 2023	238.32	227.4
Aug 2023	255.19	242.89
Jul 2023	247.54	234.59
Jun 2023	247.75	234.35
May 2023	231.34	218.12
Apr 2023	243.72	229.21
Mar 2023	237.3	222.05
Feb 2023	232.26	216.62
Jan 2023	243.98	226.29
Dec 2022	221.95	204.22
Nov 2022	231.11	213.31
Oct 2022	219.92	203.18
Sep 2022	189.35	174.24
Aug 2022	212.26	194.89
Jul 2022	226.09	207.67
Jun 2022	209.84	192.77
May 2022	229.23	207.73
Apr 2022	232.37	208.27
Mar 2022	243.14	216.71
Feb 2022	240.11	211.19
Jan 2022	253.16	220.65
Dec 2021	244.61	211.42
Nov 2021	219.39	189.04
Oct 2021	240.52	206.24
Sep 2021	255.09	216.94
Aug 2021	263.08	223.12
Jul 2021	283.13	239.63
Jun 2021	269.98	227.41
May 2021	264.89	221.07
Apr 2021	273.97	226.83
Mar 2021	250.4	205.62
Feb 2021	252.96	206.27
Jan 2021	231.07	187.39
Dec 2020	262.65	212.09
Nov 2020	252.82	203.97
Oct 2020	217.94	175.93
Sep 2020	239.94	193.61
Aug 2020	254.72	205.25
Jul 2020	229.15	184.07
Jun 2020	233.66	186.75
May 2020	237.46	188.75
Apr 2020	217.01	172.49
Mar 2020	194.33	155.5
Feb 2020	218.74	175.42
Jan 2020	239.77	191.75
Dec 2019	227.3	181.09
Nov 2019	223	177.82
Oct 2019	215.7	172.09
Sep 2019	207.91	165.5
Aug 2019	218.73	173.97
Jul 2019	215	171.01
Jun 2019	209.97	166.74
May 2019	195.23	155
Apr 2019	199.1	157.73
Mar 2019	190.12	149.83
Feb 2019	181.31	142.09
Jan 2019	165.68	129.29
Dec 2018	162.22	126.35
Nov 2018	173.67	135.7
Oct 2018	168.08	131.77
Sep 2018	183.32	143.47
Aug 2018	179.62	140.41
Jul 2018	167.05	130.51
Jun 2018	161.82	126.42
May 2018	159.96	124.77
Apr 2018	155.66	120.91
Mar 2018	147.34	113.99
Feb 2018	151.77	117.15
Jan 2018	153.79	118.18
Dec 2017	141.92	108.46
Nov 2017	140.06	107.1
Oct 2017	136.57	104.44
Sep 2017	130.6	99.94
Aug 2017	129.15	98.3
Jul 2017	124.38	94.39
Jun 2017	117.08	88.91
May 2017	119	90.28
Apr 2017	113.88	86.33
Mar 2017	111.28	84.11
Feb 2017	110.2	83.23
Jan 2017	103.78	78.13
Dec 2016	98.46	73.7
Nov 2016	97.61	73.04
Oct 2016	103.78	77.78
Sep 2016	104.15	77.95
Aug 2016	102.13	76.26
Jul 2016	98.45	73.44
Jun 2016	93.41	69.79
May 2016	99.74	74.28
Apr 2016	97.81	72.55
Mar 2016	97.31	71.84
Feb 2016	92.5	68
Jan 2016	95.08	69.83
Dec 2015	99.15	72.7
Nov 2015	100.67	74.07
Oct 2015	98.46	72.6
Sep 2015	88.37	65.19
Aug 2015	90.31	66.72
Jul 2015	95.14	70.39
Jun 2015	84.8	62.74
May 2015	87.04	64.17
Apr 2015	83.98	61.6
Mar 2015	83.34	61
Feb 2015	86.93	63.26
Jan 2015	81.88	59.33
Dec 2014	83.83	61.02
Nov 2014	82.08	60.09
Oct 2014	76.19	56.08
Sep 2014	67.17	49.56
Aug 2014	66.95	49.37
Jul 2014	66.24	48.92
Jun 2014	66.12	48.85
May 2014	67.53	49.81
Apr 2014	63.79	46.89
Mar 2014	68.19	49.95
Feb 2014	71.83	52.29
Jan 2014	68.62	49.76
Dec 2013	71.2	51.44
Nov 2013	65.05	47
Oct 2013	62.62	45.34
Sep 2013	60.69	44.06
Aug 2013	55.46	40.21
Jul 2013	56.24	40.73
Jun 2013	58.09	42.05
May 2013	56.76	40.99
Apr 2013	53.67	38.69
Mar 2013	54.06	39.01
Feb 2013	50.63	36.44
Jan 2013	50.7	36.19
Dec 2012	48.81	34.74
Nov 2012	48.08	34.31
Oct 2012	44.25	31.73
Sep 2012	42.8	30.71
Aug 2012	41.06	29.33
Jul 2012	41.41	29.42
Jun 2012	39.6	28.18
May 2012	36.85	26.25
Apr 2012	39.22	27.97
Mar 2012	37.74	26.84
Feb 2012	37.5	26.47
Jan 2012	32.52	22.85
Dec 2011	32.95	23.05
Nov 2011	31.39	22.02
Oct 2011	30.09	21.12
Sep 2011	27.6	19.42
Aug 2011	28.34	19.91
Jul 2011	27.62	19.34
Jun 2011	27.23	19.05
May 2011	26.17	18.33
Apr 2011	25.29	17.63
Mar 2011	23.98	16.62
Feb 2011	24.03	16.49
Jan 2011	23.05	15.73
Dec 2010	23.33	15.85
Nov 2010	24.52	16.63
Oct 2010	25.91	17.57
Sep 2010	24.65	16.69
Aug 2010	22.91	15.51
Jul 2010	24.36	16.46
Jun 2010	23.5	15.88
May 2010	24.04	16.26
Apr 2010	29.92	20.22
Mar 2010	30.23	20.4
Feb 2010	28.44	19.11
Jan 2010	27.32	18.35
Dec 2009	29.23	19.57
Nov 2009	27.02	18.12
Oct 2009	25.26	16.93
Sep 2009	23.06	15.44
Aug 2009	23.74	15.88
Jul 2009	21.87	14.6
Jun 2009	20.77	13.89
May 2009	22.78	15.1
Apr 2009	21.88	14.47
Mar 2009	18.78	12.38
Feb 2009	19.2	12.63
Jan 2009	16.76	10.97
Dec 2008	17.89	11.66
Nov 2008	17.74	11.68
Oct 2008	18.29	12.28
Sep 2008	20.08	13.62
Aug 2008	24.79	16.84
Jul 2008	23.73	16.18
Jun 2008	26.55	18.01
May 2008	28.49	19.13
Apr 2008	27.76	18.49
Mar 2008	20.87	13.81

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 June 30, 2025, offering a clearer view of long-term, real investment performance.

Period	Avg. Annual Return (Inflation-Adjusted)	Avg. Annual Return (Nominal)
Last 1 year	32.49%	36.03%
Last 3 years	19.16%	22.58%
Last 5 years	8.73%	13.71%
Last 10 years	15.4%	18.93%

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 June 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 102.4% nominal gain, but the real return (the actual increase in buying power) was 62.31%.

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 2020 - Jun 2025	$202.4	102.4%	62.31%
Last 10 years Feb 2015 - Jun 2025	$561.26	461.26%	308.42%

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 Jul 15, 2025	347.02
Highest Jun 11, 2025	373.31
Highest, Inflation-Adjusted Jun 11, 2025	373.31
Annualized return Since Mar 19, 2008	21.14%
Annualized return, Inflation-Adjusted Since Mar 19, 2008	18.29%