How many subsidiaries does VISA INC. file with the SEC?

4, listed in its most recent exhibit 21. They are incorporated across 3 jurisdictions (United Kingdom, Delaware, Singapore). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is VISA INC. financially healthy?

VISA INC. scores 5 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of VISA INC.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), MORGAN STANLEY (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

VISA INC. (V)

NYSE · Common Stock · Services-Business Services, NEC

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

American multinational financial services corporation

Corporate structure

4 entities across 3 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2025-11-06 — see the exhibit.

Which other public companies file entities in the same places:

Delaware2 United Kingdom1 Singapore1

Subsidiaries of VISA INC. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Visa Europe Limited	United Kingdom
Visa International Service Association	Delaware
Visa U.S.A. Inc.	Delaware
Visa Worldwide Pte. Limited	Singapore

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 7

PASSReturn on assets positiveROA 20.1%
PASSOperating cash flow positiveOCF 23.1B
FAILReturn on assets improving20.9% → 20.1%
PASSCash flow exceeds earningsOCF 23.1B vs NI 20.1B
PASSLong-term debt ratio falling22.0% → 19.7% of assets
FAILCurrent ratio improving1.28 → 1.08
FAILNo share dilutionno data
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.38× → 0.40×

Altman Z-score

8.23safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$21.8B	$10.9B	$9.7B	—	—
FY2021	$24.1B	$12.3B	$14.5B	—	—
FY2022	$29.3B	$15.0B	$17.9B	—	—
FY2023	$32.7B	$17.3B	$19.7B	—	—
FY2024	$35.9B	$19.7B	$18.7B	—	—
FY2025	$40.0B

Ownership flow

19 institutions tracked — 10 added, 6 reduced, 2 opened a new position, 1 sold out. Index money added 2,044,308 shares while active managers cut 4,818,232.

Institutional holders of VISA INC. and their share-count change
Manager	Kind	Shares	Change	Value
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	35,472,043	−5,603,826	$12.2B
Capital World Investors	Active fund	28,269,307	+3,091,106	$9.7B
FMR LLC	Active fund	42,929,995	−1,978,234	$14.7B
BlackRock, Inc.	Index	137,669,061

Identity

CIK: 0001403161
LEI: 549300JZ4OKEHW3DPJ59
FIGI: BBG000PSKYX7
SIC: 7389 · Services-Business Services, NEC
Incorporated: DE
Headquarters: SAN FRANCISCO, CA
Employees: 31,600 (2024)
Founded: 1958-00-00

Ownership

Institutional: 90.1%
Institutions: 5,949
Insiders: 0.1%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about VISA INC.

How many subsidiaries does VISA INC. file with the SEC?: 4, listed in its most recent exhibit 21. They are incorporated across 3 jurisdictions (United Kingdom, Delaware, Singapore). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is VISA INC. financially healthy?: VISA INC. scores 5 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of VISA INC.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), MORGAN STANLEY (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.