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

$325.50-2.48(-0.01%)After hours

Market Cap

$220.73B

P/E

18.0x

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

GoodMetricSide Score: 75/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability25/25

Growth23/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality16/25

Strengths

Strong marginsHigh ROERising earningsCash-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 · 18.0x5y range 18.0x – 27.8x

Currently near its 20-quarter median.

P/S · 2.8x5y range 2.7x – 4.9x

Currently near its 20-quarter median.

P/B · 6.2x5y range 6.0x – 9.3x

Currently near its 20-quarter median.

Price & Volume

Market Cap $220.73B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $77.59B
Q. Revenue: $20.06B
TTM EBITDA: $15.47B
TTM Op. Income: $15.47B
Q. Op. Income: $4.53B
TTM Net Income: $12.26B
Q. Net Income: $3.71B
EPS: $5.43
Shares Out.: $673.00M

$77.59B in TTM revenue grew 10.2% YoY, reaching $20.06B last quarter. TTM EBITDA of $15.47B and TTM operating income of $15.47B show growth is flowing through to the bottom line. TTM net income of $12.26B 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: 22.6%
Op. Margin: 22.6%
Net Margin: 18.5%

Op. margin of 22.6% is up 1.8% YoY — cost efficiency is improving. Net margin at 18.5% Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 18.0x
P/S Ratio: 2.8x
P/B Ratio: 6.2x

At 18.0x 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 20% — an improving trend.

Assets & Liabilities

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

Total Assets: $310.27B
Cash: $43.04B
Long-Term Debt: $58.54B
Book Value: $35.80B
D/E Ratio: 1.6
Debt/EBITDA: 12.9

With $310.27B in assets and $58.54B in long-term debt, D/E is 1.6and book value is $35.80B — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

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

Op. Cash Flow: $5.38B
TTM Free Cash Flow: $13.91B
FCF Margin: 17.9%
FCF / Net Income: 1.1

TTM FCF of $13.91B on $5.38B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 27% — a weakening trend.