American Express Company
AXPNYSE
$318.94
Last price · USD
- Market cap
- $222.0B
- P/E
- 20.7x
- EV / EBITDA
- 14.9x
- P/S
- 2.8x
- FCF yield
- 7.2%
- Div. yield
- 1.02%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$80.46B
+8.4%
4Y CAGR +16.0%
Gross profit
$66.97B
+10.2%
4Y CAGR +10.7%
Operating income
$13.79B
+7.0%
4Y CAGR +6.6%
Net income
$10.83B
+7.0%
4Y CAGR +7.7%
EPS (diluted)
$15.38
+9.7%
4Y CAGR +11.3%
Free cash flow
$16.00B
+31.8%
4Y CAGR +5.1%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $318.94 · FY2025 fundamentals
- Market cap
- $222.0B
- Enterprise value
- $232.0B
- P/E
- 20.7x
- P/S
- 2.8x
- P/B
- 6.6x
- EV / EBITDA
- 14.9x
- EV / Sales
- 2.9x
- Earnings yield
- 4.9%
- FCF yield
- 7.2%
- Shareholder yield
- 3.6%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 83.2%-17.1pp | 100.3% | |
| Operating margin | 17.1%-6.9pp | 24.1% | |
| EBITDA margin | 19.4%-8.5pp | 27.9% | |
| Net margin | 13.5%-4.7pp | 18.1% | |
| FCF margin | 19.9%-9.6pp | 29.5% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 32.4% | 36.3% | |
| Return on invested capital | 24.9% | 19.4% | |
| Return on assets | 3.6% | 4.3% | |
| Debt / equity | 1.73x | 1.85x | |
| Net debt / EBITDA | 0.65x | 1.57x | |
| Current ratio | 0.28x | 0.27x |
Cash & equivalents
$47.71B
Total debt
$57.76B
Capital allocation
How AXP used its cash in FY2025
- Operating cash flow
- $18.43B
- Capital expenditure
- $2.42B
- Dividends paid
- $2.27B
- Share repurchases
- $5.81B
- Stock-based compensation
- $551M
- Diluted shares
- 696.0M
- Share count change (4Y)
- -11.9%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $80.46B | $15.38 | ||
| FY2026E20 analysts | $79.47B | -1.2% | $17.61 | +14.5% |
| FY2027E22 analysts | $86.55B | +8.9% | $20.11 | +14.2% |
| FY2028E16 analysts | $93.74B | +8.3% | $23.04 | +14.6% |
About American Express Company
Financial Services · Financial - Credit Services
Operating globally, American Express Company and its affiliated entities deliver a comprehensive suite of charge and credit payment card solutions, alongside a variety of travel-related offerings. Its business structure is organized into three primary divisions: the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Among its core offerings are diverse payment and financing instruments, robust network infrastructure services, tools for managing accounts payable expenses, and comprehensive travel and lifestyle support.
americanexpress.com- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Stephen Joseph Squeri
- Employees
- 76,800
- Headquarters
- New York City, NY, US
- IPO date
- 1972-06-01
American Express Company (AXP) — frequently asked questions
Answered from the company's SEC filings
Operating globally, American Express Company and its affiliated entities deliver a comprehensive suite of charge and credit payment card solutions, alongside a variety of travel-related offerings. Its business structure is organized into three primary divisions: the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.