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AMERICAN EXPRESS CO (1AXP.MI) Stock Fundamental Analysis

Europe - BIT:1AXP - US0258161092 - Common Stock

296.35 EUR
+4.45 (+1.52%)
Last: 10/20/2025, 7:00:00 PM
Fundamental Rating

5

1AXP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 8 industry peers in the Consumer Finance industry. While 1AXP belongs to the best of the industry regarding profitability, there are concerns on its financial health. 1AXP is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

1AXP had positive earnings in the past year.
In the past year 1AXP had a positive cash flow from operations.
In the past 5 years 1AXP has always been profitable.
1AXP had a positive operating cash flow in each of the past 5 years.
1AXP.MI Yearly Net Income VS EBIT VS OCF VS FCF1AXP.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

1.2 Ratios

The Return On Assets of 1AXP (3.39%) is better than 87.50% of its industry peers.
1AXP's Return On Equity of 31.00% is amongst the best of the industry. 1AXP outperforms 100.00% of its industry peers.
1AXP has a Return On Invested Capital of 3.62%. This is in the better half of the industry: 1AXP outperforms 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1AXP is in line with the industry average of 4.30%.
Industry RankSector Rank
ROA 3.39%
ROE 31%
ROIC 3.62%
ROA(3y)3.36%
ROA(5y)3.17%
ROE(3y)30.79%
ROE(5y)28.26%
ROIC(3y)3.64%
ROIC(5y)3.45%
1AXP.MI Yearly ROA, ROE, ROIC1AXP.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

Looking at the Profit Margin, with a value of 13.38%, 1AXP belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Profit Margin of 1AXP has remained more or less at the same level.
1AXP's Operating Margin of 17.21% is amongst the best of the industry. 1AXP outperforms 87.50% of its industry peers.
In the last couple of years the Operating Margin of 1AXP has remained more or less at the same level.
Looking at the Gross Margin, with a value of 61.37%, 1AXP is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Gross Margin of 1AXP has remained more or less at the same level.
Industry RankSector Rank
OM 17.21%
PM (TTM) 13.38%
GM 61.37%
OM growth 3Y-8.78%
OM growth 5Y-0.57%
PM growth 3Y-8.37%
PM growth 5Y-0.22%
GM growth 3Y-2.58%
GM growth 5Y-1.09%
1AXP.MI Yearly Profit, Operating, Gross Margins1AXP.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

2

2. Health

2.1 Basic Checks

1AXP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for 1AXP has been reduced compared to 1 year ago.
Compared to 5 years ago, 1AXP has less shares outstanding
1AXP has a worse debt/assets ratio than last year.
1AXP.MI Yearly Shares Outstanding1AXP.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
1AXP.MI Yearly Total Debt VS Total Assets1AXP.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B 250B

2.2 Solvency

Based on the Altman-Z score of 0.86, we must say that 1AXP is in the distress zone and has some risk of bankruptcy.
1AXP has a better Altman-Z score (0.86) than 75.00% of its industry peers.
1AXP has a debt to FCF ratio of 18.84. This is a negative value and a sign of low solvency as 1AXP would need 18.84 years to pay back of all of its debts.
The Debt to FCF ratio of 1AXP (18.84) is comparable to the rest of the industry.
1AXP has a Debt/Equity ratio of 6.47. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of 1AXP (6.47) is worse than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.47
Debt/FCF 18.84
Altman-Z 0.86
ROIC/WACC0.38
WACC9.61%
1AXP.MI Yearly LT Debt VS Equity VS FCF1AXP.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.3 Liquidity

1AXP has a Current Ratio of 0.71. This is a bad value and indicates that 1AXP is not financially healthy enough and could expect problems in meeting its short term obligations.
1AXP has a Current ratio (0.71) which is comparable to the rest of the industry.
A Quick Ratio of 0.71 indicates that 1AXP may have some problems paying its short term obligations.
1AXP has a Quick ratio (0.71) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.71
Quick Ratio 0.71
1AXP.MI Yearly Current Assets VS Current Liabilites1AXP.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

5

3. Growth

3.1 Past

1AXP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.85%, which is quite good.
1AXP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.27% yearly.
Looking at the last year, 1AXP shows a small growth in Revenue. The Revenue has grown by 5.28% in the last year.
The Revenue has been growing by 8.79% on average over the past years. This is quite good.
EPS 1Y (TTM)11.85%
EPS 3Y10.15%
EPS 5Y10.27%
EPS Q2Q%16.91%
Revenue 1Y (TTM)5.28%
Revenue growth 3Y17.95%
Revenue growth 5Y8.79%
Sales Q2Q%9.32%

3.2 Future

Based on estimates for the next years, 1AXP will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.40% on average per year.
Based on estimates for the next years, 1AXP will show a small growth in Revenue. The Revenue will grow by 7.38% on average per year.
EPS Next Y15.9%
EPS Next 2Y14.31%
EPS Next 3Y13.8%
EPS Next 5Y10.4%
Revenue Next Year8.56%
Revenue Next 2Y8.44%
Revenue Next 3Y8.28%
Revenue Next 5Y7.38%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
1AXP.MI Yearly Revenue VS Estimates1AXP.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B 80B
1AXP.MI Yearly EPS VS Estimates1AXP.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5 10 15 20

4

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 24.13, 1AXP is valued on the expensive side.
Based on the Price/Earnings ratio, 1AXP is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
1AXP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.77.
A Price/Forward Earnings ratio of 19.72 indicates a rather expensive valuation of 1AXP.
1AXP's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.23. 1AXP is around the same levels.
Industry RankSector Rank
PE 24.13
Fwd PE 19.72
1AXP.MI Price Earnings VS Forward Price Earnings1AXP.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

75.00% of the companies in the same industry are more expensive than 1AXP, based on the Enterprise Value to EBITDA ratio.
1AXP's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 21.57
EV/EBITDA 16.43
1AXP.MI Per share data1AXP.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1AXP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as 1AXP's earnings are expected to grow with 13.80% in the coming years.
PEG (NY)1.52
PEG (5Y)2.35
EPS Next 2Y14.31%
EPS Next 3Y13.8%

4

5. Dividend

5.1 Amount

1AXP has a yearly dividend return of 0.96%, which is pretty low.
1AXP's Dividend Yield is a higher than the industry average which is at 2.90.
With a Dividend Yield of 0.96, 1AXP pays less dividend than the S&P500 average, which is at 2.36.
Industry RankSector Rank
Dividend Yield 0.96%

5.2 History

The dividend of 1AXP is nicely growing with an annual growth rate of 10.33%!
Dividend Growth(5Y)10.33%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

1AXP pays out 21.24% of its income as dividend. This is a sustainable payout ratio.
The dividend of 1AXP is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP21.24%
EPS Next 2Y14.31%
EPS Next 3Y13.8%
1AXP.MI Yearly Income VS Free CF VS Dividend1AXP.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B
1AXP.MI Dividend Payout.1AXP.MI Dividend Payout, showing the Payout Ratio.1AXP.MI Dividend Payout.PayoutRetained Earnings

AMERICAN EXPRESS CO

BIT:1AXP (10/20/2025, 7:00:00 PM)

296.35

+4.45 (+1.52%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)07-18 2025-07-18/bmo
Earnings (Next)10-17 2025-10-17/amc
Inst Owners65.31%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap206.22B
Analysts68
Price Target276.88 (-6.57%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.96%
Yearly Dividend2.4
Dividend Growth(5Y)10.33%
DP21.24%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.98%
Min EPS beat(2)3.86%
Max EPS beat(2)4.09%
EPS beat(4)3
Avg EPS beat(4)3.06%
Min EPS beat(4)-0.95%
Max EPS beat(4)5.25%
EPS beat(8)6
Avg EPS beat(8)4.96%
EPS beat(12)8
Avg EPS beat(12)2.05%
EPS beat(16)12
Avg EPS beat(16)5.08%
Revenue beat(2)0
Avg Revenue beat(2)-0.49%
Min Revenue beat(2)-0.81%
Max Revenue beat(2)-0.18%
Revenue beat(4)0
Avg Revenue beat(4)-0.76%
Min Revenue beat(4)-1.19%
Max Revenue beat(4)-0.18%
Revenue beat(8)0
Avg Revenue beat(8)-1.2%
Revenue beat(12)3
Avg Revenue beat(12)0.83%
Revenue beat(16)7
Avg Revenue beat(16)2.19%
PT rev (1m)-0.05%
PT rev (3m)5.96%
EPS NQ rev (1m)0.01%
EPS NQ rev (3m)-1.04%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.65%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.4%
Valuation
Industry RankSector Rank
PE 24.13
Fwd PE 19.72
P/S 3.2
P/FCF 21.57
P/OCF 18.28
P/B 7.41
P/tB 7.41
EV/EBITDA 16.43
EPS(TTM)12.28
EY4.14%
EPS(NY)15.03
Fwd EY5.07%
FCF(TTM)13.74
FCFY4.64%
OCF(TTM)16.21
OCFY5.47%
SpS92.72
BVpS40
TBVpS40
PEG (NY)1.52
PEG (5Y)2.35
Profitability
Industry RankSector Rank
ROA 3.39%
ROE 31%
ROCE 9.87%
ROIC 3.62%
ROICexc 4.55%
ROICexgc 5.06%
OM 17.21%
PM (TTM) 13.38%
GM 61.37%
FCFM 14.82%
ROA(3y)3.36%
ROA(5y)3.17%
ROE(3y)30.79%
ROE(5y)28.26%
ROIC(3y)3.64%
ROIC(5y)3.45%
ROICexc(3y)4.36%
ROICexc(5y)4.08%
ROICexgc(3y)4.66%
ROICexgc(5y)4.41%
ROCE(3y)9.86%
ROCE(5y)9.06%
ROICexcg growth 3Y-4.54%
ROICexcg growth 5Y1.68%
ROICexc growth 3Y-3.59%
ROICexc growth 5Y1.93%
OM growth 3Y-8.78%
OM growth 5Y-0.57%
PM growth 3Y-8.37%
PM growth 5Y-0.22%
GM growth 3Y-2.58%
GM growth 5Y-1.09%
F-Score5
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity 6.47
Debt/FCF 18.84
Debt/EBITDA 14.31
Cap/Depr 115.88%
Cap/Sales 2.67%
Interest Coverage 250
Cash Conversion 89.62%
Profit Quality 110.76%
Current Ratio 0.71
Quick Ratio 0.71
Altman-Z 0.86
F-Score5
WACC9.61%
ROIC/WACC0.38
Cap/Depr(3y)107.59%
Cap/Depr(5y)102%
Cap/Sales(3y)2.77%
Cap/Sales(5y)3.15%
Profit Quality(3y)195.73%
Profit Quality(5y)177.62%
High Growth Momentum
Growth
EPS 1Y (TTM)11.85%
EPS 3Y10.15%
EPS 5Y10.27%
EPS Q2Q%16.91%
EPS Next Y15.9%
EPS Next 2Y14.31%
EPS Next 3Y13.8%
EPS Next 5Y10.4%
Revenue 1Y (TTM)5.28%
Revenue growth 3Y17.95%
Revenue growth 5Y8.79%
Sales Q2Q%9.32%
Revenue Next Year8.56%
Revenue Next 2Y8.44%
Revenue Next 3Y8.28%
Revenue Next 5Y7.38%
EBIT growth 1Y6.08%
EBIT growth 3Y7.6%
EBIT growth 5Y8.16%
EBIT Next Year45.1%
EBIT Next 3Y10%
EBIT Next 5YN/A
FCF growth 1Y-25%
FCF growth 3Y-2.5%
FCF growth 5Y0.25%
OCF growth 1Y-20.57%
OCF growth 3Y-1.37%
OCF growth 5Y0.61%