AMERICAN EXPRESS CO
AMERICAN EXPRESS CO
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Card Member Receivables | - | 5,659 | 2,758 | -253 | 4,205 | 3,927 | 0 | -0 | 0 | 4,587 | 0 | -0 | |||||
Cardmember Receivables | - | - | - | - | - | - | - | - | - | - | 333 | -287 | |||||
Cardmember Loans | - | 27,719 | -310 | -3 | 26,667 | 28,278 | 0 | -0 | 0 | 28,590 | 0 | 0 | |||||
Card Balances | 33,386 | - | - | - | 0 | - | - | - | - | - | - | - | |||||
Other Loans | 314 | 323 | 15 | 272 | 0 | 194 | 0 | -0 | 0 | 126 | 17 | 14 | |||||
Assets | |||||||||||||||||
Cash And Cash Equivalents… | |||||||||||||||||
Cash And Due From Banks | 3,186 | 3,559 | 3,234 | 3,120 | 3,024 | 3,413 | 3,205 | 6,674 | 6,264 | 7,118 | 5,082 | 3,379 | |||||
Interest Bearing Deposits In Banks | 50,281 | 43,491 | 50,201 | 54,620 | 49,223 | 37,006 | 44,593 | 46,033 | 47,880 | 39,312 | 38,742 | 38,869 | |||||
Short Term Investments | 85 | 742 | 1,271 | 197 | 261 | 221 | 120 | 188 | 69 | 166 | 84 | 710 | |||||
Cash And Cash Equivalents At Carrying Value | 53,757 | 47,792 | 54,706 | 57,937 | 52,508 | 40,640 | 47,918 | 52,895 | 54,213 | 46,596 | 43,908 | 42,958 | |||||
Property Plant And Equipment Net | 7,240 | 6,118 | 5,861 | 5,662 | 5,383 | 5,371 | 5,308 | 5,247 | 5,138 | 5,138 | 5,124 | 5,177 | |||||
Other Assets | 25,013 | 24,263 | 23,185 | 22,550 | 21,067 | 21,179 | 20,333 | 19,835 | 19,241 | 19,114 | 20,004 | 18,224 | |||||
Assets | 308,894 | 300,052 | 297,550 | 295,556 | 282,244 | 271,461 | 270,979 | 272,219 | 269,261 | 261,108 | 250,587 | 244,904 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities | |||||||||||||||||
Deposits | 157,948 | 152,488 | 149,883 | 149,386 | 146,396 | 139,413 | 135,438 | 133,746 | 134,418 | 129,144 | 124,439 | 122,756 | |||||
Accounts Payable Current And Noncurrent | 14,635 | 14,700 | 14,708 | 14,121 | 13,564 | 13,884 | 13,162 | 13,145 | 13,411 | 13,109 | 13,196 | 12,359 | |||||
Short Term Borrowings | 1,692 | 1,371 | 1,446 | 1,493 | 1,559 | 1,374 | 1,457 | 1,639 | 1,742 | 1,293 | 1,613 | 1,583 | |||||
Long Term Debt | 58,750 | 56,387 | 57,787 | 58,202 | 51,236 | 49,715 | 53,546 | 51,521 | 48,826 | 47,866 | 46,447 | 46,725 | |||||
Other Liabilities | 41,874 | 41,632 | 41,309 | 40,043 | 38,287 | 36,811 | 37,669 | 42,628 | 42,100 | 41,639 | 37,568 | 34,778 | |||||
Liabilities | 274,899 | 266,578 | 265,133 | 263,245 | 251,042 | 241,197 | 241,272 | 242,679 | 240,497 | 233,051 | 223,263 | 218,201 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 137 | 138 | 138 | 140 | 140 | 141 | 141 | 143 | 144 | 145 | 146 | 148 | |||||
Additional Paid In Capital | 11,081 | 11,126 | 11,059 | 11,052 | 11,037 | 11,370 | 11,295 | 11,332 | 11,354 | 11,372 | 11,401 | 11,509 | |||||
Retained Earnings Accumulated Deficit | 26,088 | 25,487 | 24,469 | 24,367 | 23,391 | 22,148 | 21,466 | 21,265 | 20,421 | 19,612 | 18,953 | 18,130 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -3,311 | -3,277 | -3,249 | -3,248 | -3,366 | -3,395 | -3,195 | -3,200 | -3,155 | -3,072 | -3,176 | -3,084 | |||||
Stockholders Equity | 33,995 | 33,474 | 32,417 | 32,311 | 31,202 | 30,264 | 29,707 | 29,540 | 28,764 | 28,057 | 27,324 | 26,703 | |||||
Liabilities And Stockholders Equity | 308,894 | 300,052 | 297,550 | 295,556 | 282,244 | 271,461 | 270,979 | 272,219 | 269,261 | 261,108 | 250,587 | 244,904 | |||||
Variable Interest Entity Primary Beneficiary | 6 | - | -6 | -3 | 14 | - | -68 | 13 | 68 | 0 | -5 | 2 | |||||
Cash | 6 | - | - | - | - | - | - | - | - | - | - | - | |||||
Interest Bearing Deposits | 19 | - | - | - | - | - | - | - | - | - | - | - | |||||
Restricted Cash And Cash Equivalents | 199 | 169 | 1,330 | 198 | 180 | 427 | 471 | 471 | 526 | 514 | 468 | 1,231 | |||||
Securities Purchased Under Agreements To Resell | - | - | - | - | - | - | - | - | - | 0 | 9 | 314 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 12,441 | 12,039 | 11,754 | 11,369 | 11,130 | 10,739 | 10,867 | 10,532 | 10,211 | 9,911 | 9,589 | 10,594 | |||||
Preferred Stock Par Or Stated Value Per Share | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | 1.667 | |||||
Preferred Stock Shares Authorized | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |||||
Common Stock Shares Authorized | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | 3,600 | |||||
Common Stock Shares Issued | 682 | 686 | 689 | 696 | 701 | 702 | 704 | 712 | 719 | 723 | 729 | 736 | |||||
Shares Outstanding | 682 | 686 | 689 | 696 | 701 | 702 | 704 | 712 | 719 | 723 | 729 | 736 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.59% | 2.16% | 10.36% | - | - | - | - | - | - | - | - | - |
| 2025 | - | - | - | -3.42% | 5.93% | 7.24% | 6.32% | 6.85% | 7.77% | -13.99% | -18.62% | -12.27% |
| 2024 | 4.87% | 0.71% | 2.29% | -1.87% | 0.69% | 14.16% | 3.91% | 9.83% | 9.76% | -4.99% | -16.19% | -16.13% |
| 2023 | - | - | - | -3.77% | -1.65% | -8.88% | 9.05% | 18.97% | 33.98% | 3.38% | 7.16% | 11.25% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 5.97 | 5.91 | 5.92 | 5.81 | 6.02 | 4.24 | 3.39 | 2.96 | 2.55 | 2.53 | 2.62 | 2.81 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 16.36 | 15.56 | 15.21 | 14.52 | 14.64 | 14.21 | 13.95 | 13.72 | 12.46 | 11.38 | 10.93 | 10.04 | |||||
| Free Cash Flow Per Share TTM | 20.91 | 23.03 | 27.37 | 15.90 | 16.14 | 17.05 | 18.64 | 32.55 | 31.75 | 23.12 | 25.37 | 19.99 | |||||
| Dividend Per Share TTM | 3.42 | 3.27 | 3.18 | 3.05 | 2.93 | 2.81 | 2.74 | 2.63 | 2.53 | 2.42 | 2.36 | 2.27 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 88.89% | 88.60% | 88.34% | 88.02% | 87.76% | 87.49% | 85.14% | 85.39% | 85.73% | 86.31% | 89.63% | 91.05% | |||||
| Operating Profit Margin TTM | 19.20% | 19.10% | 19.11% | 18.71% | 19.49% | 19.55% | 19.59% | 19.82% | 18.52% | 17.37% | 16.76% | 16.18% | |||||
| Net Profit Margin TTM | 15.13% | 15.00% | 14.97% | 14.78% | 15.31% | 15.36% | 15.32% | 15.54% | 14.50% | 13.84% | 13.61% | 13.04% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.51% | 9.52% | 9.07% | 8.41% | 8.19% | 8.98% | 9.64% | 10.95% | 11.96% | 14.48% | 15.86% | 18.39% | |||||
| Net Income Growth (1Y) | 9.19% | 6.95% | 6.56% | 3.15% | 14.24% | 20.96% | 23.45% | 32.19% | 24.39% | 11.45% | 4.59% | -2.20% | |||||
| EPS Growth (1Y) | 11.74% | 9.57% | 9.02% | 5.81% | 17.50% | 24.87% | 27.63% | 36.62% | 28.19% | 13.87% | 6.88% | -0.61% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 18.36 | 23.54 | 21.58 | 21.66 | 18.05 | 20.47 | 19.00 | 16.45 | 17.76 | 15.95 | 13.16 | 16.67 | |||||
| P/B TTM | 6.06 | 7.62 | 7.02 | 6.80 | 5.95 | 6.85 | 6.33 | 5.48 | 5.55 | 4.76 | 3.86 | 4.65 | |||||
| P/S TTM | 2.78 | 3.53 | 3.23 | 3.20 | 2.76 | 3.14 | 2.91 | 2.56 | 2.57 | 2.21 | 1.79 | 2.17 | |||||
| Market Cap | 205.98B | 255.04B | 227.42B | 219.74B | 185.52B | 207.37B | 187.94B | 161.79B | 159.71B | 133.53B | 105.47B | 124.07B | |||||
| Enterprise Value | 212.67B | 265.00B | 231.95B | 221.49B | 185.81B | 217.82B | 195.02B | 162.06B | 156.07B | 136.09B | 109.62B | 130.65B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 14.32B | 16.00B | 18.94B | 11.10B | 11.32B | 12.14B | 13.20B | 23.31B | 22.89B | 17.00B | 18.57B | 14.79B | |||||
| Net Debt | 6.69B | 9.97B | 4.53B | 1.76B | 287.00M | 10.45B | 7.09B | 265.00M | -3.65B | 2.56B | 4.15B | 6.58B | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
AMERICAN EXPRESS CO (AXP) — SEC Financial Statements & Analysis
AMERICAN EXPRESS CO (AXP) is a finance services company, incorporated in NY. AMERICAN EXPRESS CO trades on AXP: NYSE as: AXP. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), AMERICAN EXPRESS CO reported a 10.51% year-over-year revenue growth, a Gross Profit Margin of 88.89% (TTM), a Price-to-Sales (P/S) ratio of 2.78x (TTM), a Price-to-Book (P/B) ratio of 6.06 (TTM), at a market cap of $205.98B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.51%
- Gross Profit Margin TTM
- 88.89%
- P/S TTM
- 2.78x
- P/B TTM
- 6.06
- Market Cap
- $205.98B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is AMERICAN EXPRESS CO in?
AMERICAN EXPRESS CO (AXP) operates in the Finance Services industry.
What is AXP's market cap?
AMERICAN EXPRESS CO (AXP) has a market capitalization of $205.98B as of 2026-03-31.
What is AXP's P/E ratio?
AMERICAN EXPRESS CO (AXP)'s trailing twelve month P/E ratio is 18.36x as of 2026-03-31.
What exchange does AXP trade on?
AMERICAN EXPRESS CO (AXP) trades on the AXP: NYSE.
Where is AMERICAN EXPRESS CO incorporated?
AMERICAN EXPRESS CO is incorporated in NY.