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AXPAmerican Express Company
$338.16$231.9B
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AXP logoAmerican Express Company(AXP)Earnings, Financials & Key Ratios

AXP•NYSE•Banking & Credit
22.0× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryCredit ServicesSub-IndustryPayment Networks and Merchant Acquiring
AboutAmerican Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.Show more
  • Net Interest Income$17.36B+11.7%
  • Total Revenue$80.46B+8.4%
  • Net Income$10.83B+7.0%
  • Return on Equity33.99%-2.1%
  • Net Interest Margin5.79%+1.1%
  • Efficiency Ratio66.09%+2.4%
  • ROA3.79%-0.3%
  • Equity / Assets11.16%
  • Book Value per Share48.09+13.3%

AXP Key Insights

American Express Company (AXP) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 33.5%
  • ✓Strong 5Y profit CAGR of 28.1%
  • ✓Strong NIM of 5.8%
  • ✓Well capitalized: 11.2% equity/assets
  • ✓Share count reduced 2.4% through buybacks
  • ✓Diversified revenue: 68.2% from non-interest income

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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AXP Price & Volume

American Express Company (AXP) stock price & volume — 10-year historical chart

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AXP Growth Metrics

American Express Company (AXP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.88%
5 Years15.98%
3 Years13.1%
TTM-

Profit CAGR

10 Years7.69%
5 Years28.15%
3 Years12.97%
TTM9.19%

EPS CAGR

10 Years11.78%
5 Years32.47%
3 Years16.05%
TTM11.94%

Return on Capital

10 Years9.26%
5 Years10.79%
3 Years10.72%
Last Year11.31%

AXP Recent Earnings

American Express Company (AXP) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 23, 2026
Metric
Actual
Est
EPS
$4.28+7.0%
$4.00
Rev
$18.9B+1.6%
$18.6B
Q1 2026
Jan 30, 2026
Metric
Actual
Est
EPS
$3.53-0.3%
$3.54
Rev
$19.0B+0.3%
$18.9B
Q4 2025
Oct 17, 2025
Metric
Actual
Est
EPS
$4.14+3.5%
$4.00
Rev
$18.4B+2.1%
$18.0B
Q3 2025
Jul 18, 2025
Metric
Actual
Est
EPS
$4.08+4.9%
$3.89
Rev
$17.9B+0.8%
$17.7B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$4.28vs $4.00+7.0%
$18.9Bvs $18.6B+1.6%
Q1 2026Jan 30, 2026
$3.53vs $3.54-0.3%
$19.0Bvs $18.9B+0.3%
Q4 2025Oct 17, 2025
$4.14vs $4.00+3.5%
$18.4Bvs $18.0B+2.1%
Q3 2025Jul 18, 2025
$4.08vs $3.89+4.9%
$17.9Bvs $17.7B+0.8%
Based on last 12 quarters of dataView full earnings history →

AXP Peer Comparison

American Express Company (AXP) competitors in Payment Networks and Merchant Acquiring — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
V logoVVisa Inc.Direct Competitor627.79B327.2432.0811.34%51.68%58.9%0.66
MA logoMAMastercard IncorporatedDirect Competitor433.57B489.7929.6516.42%45.88%205.79%2.45
COF logoCOFCapital One Financial CorporationDirect Competitor124.76B201.5350.0128.39%3.54%2.44%0.45
JPM logoJPMJPMorgan Chase & Co.Product Competitor908.57B325.2216.223.31%20.35%15.95%2.60
BAC logoBACBank of America CorporationProduct Competitor424.14B56.2014.71-0.45%15.93%10.15%1.21
C logoCCitigroup Inc.Product Competitor266.52B143.0920.47-1.41%8.48%6.67%3.35
SYF logoSYFSynchrony FinancialProduct Competitor26.16B75.268.10-7.91%18.08%21.41%0.91
ALLY logoALLYAlly Financial Inc.Product Competitor14.3B45.4919.19-25.75%5.61%5.74%1.40

Compare AXP vs Peers

American Express Company (AXP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs V

Most directly comparable listed peer for AXP.

Scale Benchmark

vs JPM

Larger-name benchmark to compare AXP against a more recognizable public peer.

Peer Set

Compare Top 5

vs V, MA, COF, JPM

AXP Income Statement

American Express Company (AXP) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income
6.45B7.66B8.62B7.99B7.75B9.89B13.13B15.54B17.36B17.89B
NII Growth %
11.63%18.79%12.49%-7.37%-2.94%27.68%32.73%18.34%11.72%48.77%
Net Interest Margin %
3.56%4.06%4.35%4.17%4.11%4.33%5.03%5.73%5.79%5.79%
Interest Income
8.56B10.61B12.08B10.08B9.03B12.66B19.98B23.8B25.6B26.13B
Interest Expense
2.11B2.94B3.46B2.1B1.28B2.76B6.85B8.25B8.23B8.24B
Loan Loss Provision
2.76B3.35B3.57B4.73B-1.42B2.18B4.92B5.18B5.26B5.36B
Non-Interest Income
30.43B32.65B35.01B28.25B35.4B42.97B47.38B50.41B54.87B56.28B
Non-Interest Income %
78.04%75.48%74.34%73.7%79.67%77.24%70.34%67.93%68.19%68.3%
Total Revenue
38.99B▲ 0%
43.26B▲ 10.9%
47.1B▲ 8.9%
38.34B▼ 18.6%
44.43B▲ 15.9%
55.63B▲ 25.2%
67.36B▲ 21.1%
74.2B▲ 10.1%
80.46B▲ 8.4%
82.41B▲ 0%
Revenue Growth %
1.64%10.95%8.87%-18.6%15.89%25.2%21.1%10.15%8.44%37.59%
Non-Interest Expense
26.69B28.84B31.63B27.21B33.88B41.09B45.08B47.87B53.18B51.75B
Efficiency Ratio
68.46%66.67%67.16%70.98%76.25%73.88%66.92%64.51%66.09%62.8%
Operating Income
7.42B▲ 0%
8.12B▲ 9.4%
8.43B▲ 3.8%
4.3B▼ 49.0%
10.69B▲ 148.8%
9.59B▼ 10.3%
10.51B▲ 9.7%
12.89B▲ 22.7%
13.79B▲ 7.0%
17.06B▲ 0%
Operating Margin %
19.04%18.78%17.9%11.21%24.06%17.23%15.61%17.38%17.14%20.7%
Operating Income Growth %
-7.67%9.39%3.78%-49.03%148.81%-10.33%9.68%22.66%6.98%-
Pretax Income
7.42B▲ 0%
8.12B▲ 9.4%
8.43B▲ 3.8%
4.3B▼ 49.0%
10.69B▲ 148.8%
9.59B▼ 10.3%
10.51B▲ 9.7%
12.89B▲ 22.7%
13.79B▲ 7.0%
14.24B▲ 0%
Pretax Margin %
19.04%18.78%17.9%11.21%24.06%17.23%15.61%17.38%17.14%17.28%
Income Tax
4.68B1.2B1.67B1.16B2.63B2.07B2.14B2.77B2.96B3.02B
Effective Tax Rate %
62.99%14.79%19.81%27.03%24.6%21.61%20.35%21.45%21.47%21.22%
Net Income
2.75B▲ 0%
6.92B▲ 151.9%
6.76B▼ 2.3%
3.13B▼ 53.6%
8.06B▲ 157.1%
7.51B▼ 6.8%
8.37B▲ 11.4%
10.13B▲ 21.0%
10.83B▲ 7.0%
11.22B▲ 0%
Net Margin %
7.05%16%14.35%8.18%18.14%13.51%12.43%13.65%13.46%13.61%
Net Income Growth %
-48.87%151.86%-2.34%-53.62%157.1%-6.77%11.45%20.96%6.95%9.19%
Net Income (Continuing)
2.75B6.92B6.76B3.13B8.06B7.51B8.37B10.13B10.83B11.22B
EPS (Diluted)
2.97▲ 0%
8.06▲ 171.4%
7.99▼ 0.9%
3.77▼ 52.8%
10.02▲ 165.8%
9.84▼ 1.8%
11.21▲ 13.9%
14.02▲ 25.1%
15.38▲ 9.7%
16.36▲ 0%
EPS Growth %
-47.43%171.38%-0.87%-52.82%165.78%-1.8%13.92%25.07%9.7%11.94%
EPS (Basic)
2.988.098.013.7710.039.8511.2314.0415.41-
Diluted Shares Outstanding
886M859M830M806M790M752M736M713M696M686M

AXP Balance Sheet

American Express Company (AXP) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments
36.04B32.04B32.69B54.47B24.5B38.39B48.65B41.74B48.53B216.01B
Cash & Due from Banks
32.88B27.38B24.27B32.83B21.52B33.54B46.53B40.55B47.71B53.76B
Short Term Investments
3.16B4.66B8.41B21.64B2.98B4.86B2.12B1.19B826M290M
Total Investments
134.49B146.65B158.06B141.65B148.17B175.89B195.68B210.31B221.88B218.07B
Investments Growth %
13.31%9.05%7.78%-10.39%4.61%18.71%11.25%7.48%5.5%22.7%
Long-Term Investments
131.33B141.99B149.65B120.01B145.2B171.03B193.56B209.36B221.05B859.91B
Accounts Receivables
3.21B55.32B56.79B3B000000
Goodwill & Intangibles
3.91B3.35B3.58B4.12B4B3.93B3.95B4.31B4.96B0
Goodwill
3.01B3.07B3.31B3.85B3.8B3.79B3.85B4.19B4.87B0
Intangible Assets
899M275M267M265M201M146M98M123M90M0
PP&E (Net)
4.33B4.42B4.83B5.01B4.99B5.21B5.91B6.17B7.12B7.24B
Other Assets
63M-51.45B-49.23B4.76B7.16B9.78B9.04B10.11B18.39B27.64B
Total Current Assets
39.93B88.82B89.48B57.47B27.2B38.39B48.65B41.74B48.53B56.52B
Total Non-Current Assets
141.26B99.78B108.84B133.9B161.35B189.96B212.46B229.96B251.52B252.66B
Total Assets
181.2B▲ 0%
188.6B▲ 4.1%
198.32B▲ 5.2%
191.37B▼ 3.5%
188.55B▼ 1.5%
228.35B▲ 21.1%
261.11B▲ 14.3%
271.46B▲ 4.0%
300.05B▲ 10.5%
308.89B▲ 0%
Asset Growth %
14.04%4.09%5.15%-3.51%-1.47%21.11%14.34%3.96%10.53%38.35%
Return on Assets (ROA)
1.62%3.74%3.49%1.61%4.24%3.6%3.42%3.8%3.79%3.73%
Accounts Payable
14.66B12.26B12.74B9.44B10.57B12.13B13.11B13.88B14.7B0
Total Debt
59.08B61.52B64.28B44.83B40.92B43.92B49.16B51.09B57.76B60.44B
Net Debt
26.2B34.14B40B12B19.4B10.38B2.63B10.54B10.05B6.68B
Long-Term Debt
55.78B58.4B57.81B42.94B38.66B42.57B47.87B49.72B56.39B58.75B
Short-Term Debt
3.28B3.1B6.44B1.88B2.24B1.35B1.29B1.37B1.37B1.69B
Other Liabilities
19.07B19.22B21.1B23.59B26.17B32.2B36.14B30.65B34.73B56.51B
Total Current Liabilities
86.51B86.91B94.26B99.56B99.01B125.85B145.61B156.79B170.81B159.64B
Total Non-Current Liabilities
76.43B79.4B80.99B68.82B67.36B77.8B87.44B84.41B95.77B115.26B
Total Liabilities
162.94B166.31B175.25B168.38B166.37B203.64B233.05B241.2B266.58B274.9B
Total Equity
18.26B▲ 0%
22.29B▲ 22.1%
23.07B▲ 3.5%
22.98B▼ 0.4%
22.18B▼ 3.5%
24.71B▲ 11.4%
28.06B▲ 13.5%
30.26B▲ 7.9%
33.47B▲ 10.6%
33.99B▲ 0%
Equity Growth %
-10.93%22.06%3.5%-0.38%-3.51%11.43%13.54%7.87%10.61%38.06%
Equity / Assets (Capital Ratio)
10.08%11.82%11.63%12.01%11.76%10.82%10.75%11.15%11.16%11.01%
Return on Equity (ROE)
14.18%34.13%29.8%13.61%35.69%32.05%31.74%34.74%33.99%33.95%
Book Value per Share
20.6125.9527.8028.5228.0732.8638.1242.4548.0949.56
Tangible BV per Share
16.2022.0523.4823.4123.0027.6332.7636.4040.9649.56
Common Stock
172M170M163M161M153M149M145M141M138M137M
Additional Paid-in Capital
12.21B12.22B11.77B11.88B11.49B11.49B11.37B11.37B11.13B11.08B
Retained Earnings
8.31B12.5B13.87B13.84B13.47B16.28B19.61B22.15B25.49B26.09B
Accumulated OCI
-2.43B-2.6B-2.74B-2.9B-2.94B-3.21B-3.07B-3.4B-3.28B-3.31B
Treasury Stock
0000000000
Preferred Stock
0000000000

AXP Cash Flow Statement

American Express Company (AXP) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
13.54B8.93B13.63B5.59B14.64B21.08B18.56B14.05B18.43B17.47B
Operating CF Growth %
64.64%-34.05%52.65%-58.99%161.94%43.93%-11.96%-24.3%31.16%373.21%
Net Income
2.74B6.92B6.76B3.13B8.06B7.51B8.37B10.13B10.83B11.22B
Depreciation & Amortization
1.32B1.29B1.19B1.54B1.7B1.63B1.65B1.68B1.78B1.81B
Deferred Taxes
783M455M-151M-939M294M-1.19B-1.33B-990M-542M-377M
Other Non-Cash Items
2.76B3.35B4.15B5.41B-2.19B2.55B5.59B4.62B4.95B4.51B
Working Capital Changes
5.66B-3.37B1.4B-3.81B6.46B10.21B3.82B-1.89B864M-291M
Cash from Investing
-18.27B-19.61B-16.71B11.63B-10.53B-33.69B-24.43B-24.4B-22.89B-26.21B
Purchase of Investments
-2.61B-5.43B-11.17B-20.56B-1.52B-4.17B-1.57B-1.59B-1.76B-3.5B
Sale/Maturity of Investments
2.5B3.5B7.35B7.23B20.09B1.92B3.89B2.22B1.5B1.46B
Net Investment Activity
-116M-1.93B-3.81B-13.33B18.58B-2.26B2.32B628M-260M-2.04B
Acquisitions
-211M-520M-352M-597M1M-15M-64M140M-633M-498M
Other Investing
-16.88B-15.85B-10.89B27.04B-27.56B-29.56B-25.12B-23.26B-19.57B-20.53B
Cash from Financing
12.24B5.1B-519M-9.07B-14.93B24.51B18.38B4.44B11.21B9.54B
Dividends Paid
-1.25B-1.32B-1.42B-1.47B-1.45B-1.56B-1.78B-2B-2.27B-2.35B
Share Repurchases
-4.4B-1.69B-4.68B-1.03B-7.65B-3.5B-3.65B-6.02B-5.81B-6.52B
Stock Issued
129M87M86M44M64M56M28M100M57M42M
Net Stock Activity
-4.27B-1.6B-4.6B-985M-7.59B-3.45B-3.62B-5.92B-5.76B-6.47B
Debt Issuance (Net)
1000K1000K1000K-1000K-1000K1000K1000K1000K1000K0
Other Financing
11.38B5.54B3.33B13.54B-2.47B25.9B18.91B10.3B13.04B9.95B
Net Change in Cash
7.72B▲ 0%
-5.46B▼ 170.7%
-3.36B▲ 38.4%
8.52B▲ 353.4%
-10.94B▼ 228.4%
11.89B▲ 208.7%
12.68B▲ 6.7%
-5.96B▼ 147.0%
7.15B▲ 220.1%
1.25B▲ 0%
Exchange Rate Effect
207M129M232M364M-120M-13M177M-40M405M452M
Cash at Beginning
25.21B33.26B27.81B24.45B32.97B22.03B33.91B46.6B40.64B47.79B
Cash at End
32.93B27.81B24.45B32.97B22.03B33.91B46.6B40.64B47.79B53.76B
Interest Paid
0000000000
Income Taxes Paid
0000000000
Free Cash Flow
12.48B▲ 0%
7.62B▼ 38.9%
11.99B▲ 57.3%
4.11B▼ 65.7%
13.1B▲ 218.4%
19.22B▲ 46.8%
17B▼ 11.6%
12.14B▼ 28.6%
16B▲ 31.8%
14.32B▲ 0%
FCF Growth %
82.19%-38.93%57.31%-65.69%218.38%46.8%-11.59%-28.58%31.83%26.59%

AXP Banking Ratios

American Express Company (AXP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
14.18%34.13%29.8%13.61%35.69%32.05%31.74%34.74%33.99%33.95%
Return on Assets (ROA)
1.62%3.74%3.49%1.61%4.24%3.6%3.42%3.8%3.79%3.73%
Net Interest Margin
3.56%4.06%4.35%4.17%4.11%4.33%5.03%5.73%5.79%5.79%
Efficiency Ratio
68.46%66.67%67.16%70.98%76.25%73.88%66.92%64.51%66.09%62.8%
Equity / Assets
10.08%11.82%11.63%12.01%11.76%10.82%10.75%11.15%11.16%11.01%
Book Value / Share
20.6125.9527.828.5228.0732.8638.1242.4548.0949.56
NII Growth
11.63%18.79%12.49%-7.37%-2.94%27.68%32.73%18.34%11.72%12.19%
Dividend Payout
45.52%19.13%21.04%47.02%17.97%20.83%21.26%19.74%20.96%20.9%
Related:AXP Dividend History·AXP Revenue History·AXP Price History·AXP P/E History·AXP Financial Ratios·AXP Institutional Holders

AXP SEC Filings & Documents

American Express Company (AXP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 23, 2026·SEC

Material company update

Apr 15, 2026·SEC

Material company update

Mar 16, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 6, 2026·SEC

FY 2025

Feb 7, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

Apr 23, 2026·SEC

FY 2025

Oct 17, 2025·SEC

FY 2025

Jul 18, 2025·SEC

AXP Frequently Asked Questions

American Express Company (AXP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

American Express Company (AXP) grew revenue by 8.4% over the past year. This is steady growth.

Yes, American Express Company (AXP) is profitable, generating $11.22B in net income for fiscal year 2025 (13.5% net margin).

Dividend & Returns

Yes, American Express Company (AXP) pays a dividend with a yield of 0.96%. This makes it attractive for income-focused investors.

American Express Company (AXP) has a return on equity (ROE) of 34.0%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

American Express Company (AXP) has a net interest margin (NIM) of 5.8%. This indicates healthy earnings from lending activities.

American Express Company (AXP) has an efficiency ratio of 66.1%. This is higher than peers, suggesting room for cost optimization.

What if you invested $1,000 in AXP back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

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How much would $100/month in AXP be worth today?

Dollar cost averaging calculator · DCA vs lump sum

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