American Express (AXP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

American Express

NYSE•Financial Services•Credit Services

$311.17-1.26(<0.01%)Pre-market

Market Cap

$210.97B

P/E

18.4x

P/S

2.8x

P/B

6.2x

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending. It also provides merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services, as well as network services. The company offers its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, in-house sales teams, direct mail, telephone, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

How this company scores

ExcellentMetricSide Score: 82/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (12/25).

Profitability25/25

Growth21/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowStrong marginsHigh ROECash-backed earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 18.4x5y range 13.5x – 23.7x

Currently near its 20-quarter median.

P/S · 2.8x5y range 1.9x – 3.6x

Currently near its 20-quarter median.

P/B · 6.2x5y range 4.0x – 7.7x

Currently near its 20-quarter median.

Price & Volume

Market Cap $210.97B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $75.95B
Q. Revenue: $19.64B
TTM EBITDA: $14.76B
TTM Op. Income: $14.76B
Q. Op. Income: $4.07B
TTM Net Income: $11.45B
Q. Net Income: $3.11B
EPS: $4.54
Shares Out.: $678.00M

$75.95B in TTM revenue grew 10.7% YoY, reaching $19.64B last quarter. TTM EBITDA of $14.76B and TTM operating income of $14.76B show growth is flowing through to the bottom line. TTM net income of $11.45B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 20.7%
Op. Margin: 20.7%
Net Margin: 15.8%

Op. margin of 20.7% is up 0.9% YoY — cost efficiency is improving. Net margin at 15.8% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 18.4x
P/S Ratio: 2.8x
P/B Ratio: 6.2x

At 18.4x P/E, the stock trades within typical market levels. P/S of 2.8x and P/B of 6.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 16% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $308.20B
Cash: $45.08B
Long-Term Debt: $57.02B
Book Value: $34.28B
D/E Ratio: 1.7
Debt/EBITDA: 14.0

With $308.20B in assets and $57.02B in long-term debt, D/E is 1.7and book value is $34.28B — moderate leverage. Over the past year, debt/equity is down 8% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $5.37B
TTM Free Cash Flow: $15.05B
FCF Margin: 19.8%
FCF / Net Income: 1.3

TTM FCF of $15.05B on $5.37B in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 36% — an improving trend.