Stock · AXP · Financial Services
United States · Large Cap · listed since 1972 · Revenue 12 mo. $85.5B
Price as of 11/06/2026
Summary
49.7 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
Book value €28.2B, market value €187.9B (P/B 6.7). At a 9% discount rate, the premium over book value only pays off with a lasting more than 30% return on equity.
Required return on equity per year
over 30%
no perpetual growth
with respect to the priced-in expectation
with respect to the priced-in expectation
AI summary of the 2025 annual report
A language model selected and condensed statements from the report. Each statement carries a verbatim quote. The selection is not complete and shows the state of the report. It gives no rating and does not feed into the score.
Form 10-K, fiscal year ended 12/31/2025, filed 02/06/2026. Open the report at the SEC
The company offers credit and charge cards, plus complementary products and services such as travel, dining, lifestyle and expense management.
Credit and charge cards and complementary products and services, including travel, dining, lifestyle and expense management products and servicesThe company also offers banking, payment and financing products, including deposits and loans that are not card-based.
Banking and other payment and financing products and services, including deposits and non-card lendingThe company also offers services to merchants, including merchant acquisition and processing, fraud prevention, and point-of-sale marketing.
Merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and servicesThe company agrees on a discount rate with merchants. This is a fee charged to the merchant for accepting its cards.
agreeing on the discount rate (a fee charged to the merchant for accepting our cards)The company runs a payments network that processes and settles transactions worldwide.
We operate a payments network that processes and settles transactions across the globe.Customers include consumers, small businesses, mid-sized companies and large corporations around the world.
to a broad range of customers, including consumers, small businesses, mid-sized companies and large corporations around the worldSmall business and corporate clients made up about 41 percent of worldwide billed business in 2025.
spending by small business and corporate clients, which comprised approximately 41 percent of our worldwide billed business during 2025The company ranks fourth among general-purpose card networks worldwide by purchase volume, behind Visa, China UnionPay and Mastercard.
We are the fourth largest general-purpose card network globally based on purchase volume, behind Visa, China UnionPay and Mastercard.The company's global card network competes with other card networks, including, among others, Visa, China UnionPay, Mastercard, JCB, Discover and Diners Club International.
Our global card network competes in the global payments industry with other card networks, including, among others, Visa, China UnionPay, Mastercard, JCB, Discover and Diners Club InternationalOne competitive factor named is the features, value and quality of products and services, including customer care, rewards, offers and partnerships.
The features, value and quality of the products and services, including customer care, rewards programs and offers, partnerships, travel-, lifestyle- and business-related benefitsThe Delta cobrand portfolio made up about 13 percent of worldwide billed business and about 21 percent of Card Member loans as of December 31, 2025.
the Delta cobrand portfolio continued to represent approximately 13 percent of worldwide billed business and approximately 21 percent of worldwide Card Member loans as of December 31, 2025Billed business could fall, and Card Member attrition could rise significantly, if one or more partnership relationships end.
Billed business could decline and Card Member attrition could increase, in each case, significantly as a result of the termination of one or more partnership relationshipsThe company faces continued intense competitive pressure that may materially affect the prices it charges merchants for accepting its cards.
We face continued intense competitive pressure that may materially impact the prices we charge for accepting our cards for paymentRegulation of bankcard fees has negatively affected the discount revenue the company earns, and may continue to do so.
regulation of bankcard fees has negatively impacted, and may continue to negatively impact, the discount revenue we earnWhere surcharging is not banned, the company has seen more merchants add surcharges to American Express cards, particularly in certain merchant categories.
In jurisdictions where surcharging is not prohibited, we have seen an increase in merchant surcharging on American Express cards, particularly in certain merchant categoriesSince the last quarter
Q2 → Q3 2026
4 more unchanged: Revenue, 12 mo., EBIT margin, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 32.36% | 12.46% | Rank 94 |
| Return on capital (Greenblatt) | 193.86% | 59.04% | Rank 74 |
| EBIT margin | 17.14% | 23.06% | Rank 32 |
| FCF margin | 19.89% | 19.82% | Rank 50 |
| Gross margin | 83.23% | 65.53% | Rank 71 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 8.44% | 7.39% | Rank 53 |
| Earnings growth, 3 years per year | 15.92% | 15.20% | Rank 53 |
| Earnings growth, 5 years per year | 31.96% | 15.17% | Rank 84 |
| Sustainable growth (ROE × retained earnings) | 3.01% | 1.25% | Rank 76 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 4.85% | 6.47% | Rank 26 |
| FCF yield | 7.64% | 7.16% | Rank 53 |
| EV/saleslower is better | 2.72 | 2.82 | Rank 51 |
| EV/EBITlower is better | 15.85 | 14.24 | Rank 40 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −21.84% | 7.80% | Rank 7 |
| Share price, 6 months | 2.05% | 8.71% | Rank 27 |
| Share price, 3 months | −0.71% | 0.45% | Rank 45 |
| Distance from 52-week high | −16.60% | −10.68% | Rank 30 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 5.35% | 1.23% | Rank 20 |
| Change in share countlower is better | −2.38% | −0.60% | Rank 74 |
| Dividend streak in years | 21 | 5 | Rank 94 |
| Price reaction to results, market-adjusted | −3.18% | 0.00% | Rank 14 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 11.16% | 9.21% | Rank 60 |
| Net debt/EBITDAlower is better | 0.59 | 0.12 | Rank 43 |
| Debt to equitylower is better | 1.73 | 0.90 | Rank 35 |
| Volatility, 1 yearlower is better | 25.85% | 25.95% | Rank 52 |
Ten years in figures
| Year | Revenue, $B | Net income, $B | Return on equity | Shares |
|---|---|---|---|---|
| 2016 | 38.4 | 5.4 | 26.2% | 935M |
| 2017 | 39.0 | 2.7 | 15.1% | 886M |
| 2018 | 43.3 | 6.9 | 31.5% | 859M |
| 2019 | 47.1 | 6.8 | 29.3% | 830M |
| 2020 | 38.3 | 3.1 | 13.6% | 806M |
| 2021 | 44.4 | 8.1 | 36.3% | 790M |
| 2022 | 55.6 | 7.5 | 30.4% | 752M |
| 2023 | 67.4 | 8.4 | 29.9% | 736M |
| 2024 | 74.2 | 10.1 | 33.5% | 713M |
| 2025 | 80.5 | 10.8 | 32.4% | 696M |
5 of 7 StockScorer Score rules met · How the score is built
American Express Company mainly meets criteria in the Profitability category. Result from 18 strategies checked.
This is how the StockScorer Score strategy, the flagship rule set, calculates the points for American Express Company. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
5 of 7 rules met
8 of 11 points
The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for American Express Company.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 20.6 | 15.2 |
| P/B ratio | 6.7 | 1.8 |
| Return on equity (ROE) | 32.4% | 12.5% |
| Equity ratio | 11.2% | 9.2% |
| Debt-to-equity (D/E) | 1.73 | 0.90 |
| Dividend yield | 1.1% | 3.3% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| AXP | American Express Companythis page | |
| COF | Capital One Financial Corporation | Low5.5 |
| MA | Mastercard Inc | Low7.3 |
| V | Visa Inc. Class A | Low5.5 |
| BAJFINANCE.NS | Bajaj Finance Limited | locked |
| PYPL | PayPal Holdings Inc | locked |
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