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AMERICAN EXPRESS CO (AXP) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:AXP - US0258161092 - Common Stock

352.89 USD
+9.09 (+2.64%)
Last: 11/21/2025, 8:13:02 PM
352.89 USD
0 (0%)
After Hours: 11/21/2025, 8:13:02 PM
Fundamental Rating

4

AXP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 55 industry peers in the Consumer Finance industry. While AXP is still in line with the averages on profitability rating, there are concerns on its financial health. AXP is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

AXP had positive earnings in the past year.
AXP had a positive operating cash flow in the past year.
AXP had positive earnings in each of the past 5 years.
In the past 5 years AXP always reported a positive cash flow from operatings.
AXP Yearly Net Income VS EBIT VS OCF VS FCFAXP 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

Looking at the Return On Assets, with a value of 3.50%, AXP is in the better half of the industry, outperforming 65.45% of the companies in the same industry.
AXP's Return On Equity of 32.12% is amongst the best of the industry. AXP outperforms 92.73% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.77%, AXP is in line with its industry, outperforming 58.18% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AXP is significantly below the industry average of 11.61%.
The 3 year average ROIC (3.64%) for AXP is below the current ROIC(3.77%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.5%
ROE 32.12%
ROIC 3.77%
ROA(3y)3.36%
ROA(5y)3.17%
ROE(3y)30.79%
ROE(5y)28.26%
ROIC(3y)3.64%
ROIC(5y)3.45%
AXP Yearly ROA, ROE, ROICAXP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

AXP's Profit Margin of 13.72% is in line compared to the rest of the industry. AXP outperforms 60.00% of its industry peers.
AXP's Profit Margin has been stable in the last couple of years.
The Operating Margin of AXP (17.76%) is better than 65.45% of its industry peers.
AXP's Operating Margin has been stable in the last couple of years.
AXP has a Gross Margin (61.93%) which is in line with its industry peers.
In the last couple of years the Gross Margin of AXP has remained more or less at the same level.
Industry RankSector Rank
OM 17.76%
PM (TTM) 13.72%
GM 61.93%
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%
AXP Yearly Profit, Operating, Gross MarginsAXP 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

AXP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AXP has less shares outstanding
AXP has less shares outstanding than it did 5 years ago.
AXP has a worse debt/assets ratio than last year.
AXP Yearly Shares OutstandingAXP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
AXP Yearly Total Debt VS Total AssetsAXP 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 AXP is in the distress zone and has some risk of bankruptcy.
AXP's Altman-Z score of 0.86 is in line compared to the rest of the industry. AXP outperforms 54.55% of its industry peers.
The Debt to FCF ratio of AXP is 11.04, which is on the high side as it means it would take AXP, 11.04 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.04, AXP is in line with its industry, outperforming 58.18% of the companies in the same industry.
AXP has a Debt/Equity ratio of 6.45. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of AXP (6.45) is worse than 72.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.45
Debt/FCF 11.04
Altman-Z 0.86
ROIC/WACC0.4
WACC9.5%
AXP Yearly LT Debt VS Equity VS FCFAXP 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

A Current Ratio of 0.68 indicates that AXP may have some problems paying its short term obligations.
With a Current ratio value of 0.68, AXP is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.68 indicates that AXP may have some problems paying its short term obligations.
AXP has a worse Quick ratio (0.68) than 60.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.68
Quick Ratio 0.68
AXP Yearly Current Assets VS Current LiabilitesAXP 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

The Earnings Per Share has grown by an nice 15.24% over the past year.
AXP 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, AXP shows a small growth in Revenue. The Revenue has grown by 4.37% 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)15.24%
EPS 3Y10.15%
EPS 5Y10.27%
EPS Q2Q%18.62%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y17.95%
Revenue growth 5Y8.79%
Sales Q2Q%10.76%

3.2 Future

AXP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.40% yearly.
AXP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.38% yearly.
EPS Next Y16.89%
EPS Next 2Y14.8%
EPS Next 3Y14.62%
EPS Next 5Y10.4%
Revenue Next Year9.39%
Revenue Next 2Y9.13%
Revenue Next 3Y8.92%
Revenue Next 5Y7.38%

3.3 Evolution

The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
AXP Yearly Revenue VS EstimatesAXP 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
AXP Yearly EPS VS EstimatesAXP 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

3

4. Valuation

4.1 Price/Earnings Ratio

AXP is valuated rather expensively with a Price/Earnings ratio of 23.68.
Based on the Price/Earnings ratio, AXP is valued a bit more expensive than 70.91% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. AXP is around the same levels.
The Price/Forward Earnings ratio is 20.06, which indicates a rather expensive current valuation of AXP.
AXP's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AXP is more expensive than 67.27% of the companies in the same industry.
AXP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 23.68
Fwd PE 20.06
AXP Price Earnings VS Forward Price EarningsAXP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

AXP's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as AXP.
Industry RankSector Rank
P/FCF 12.83
EV/EBITDA 16.34
AXP Per share dataAXP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AXP has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AXP's earnings are expected to grow with 14.62% in the coming years.
PEG (NY)1.4
PEG (5Y)2.31
EPS Next 2Y14.8%
EPS Next 3Y14.62%

5

5. Dividend

5.1 Amount

AXP has a yearly dividend return of 0.95%, which is pretty low.
Compared to an average industry Dividend Yield of 5.07, AXP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, AXP's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.95%

5.2 History

On average, the dividend of AXP grows each year by 10.33%, which is quite nice.
AXP has been paying a dividend for at least 10 years, so it has a reliable track record.
AXP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.33%
Div Incr Years3
Div Non Decr Years20
AXP Yearly Dividends per shareAXP Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

AXP pays out 21.11% of its income as dividend. This is a sustainable payout ratio.
AXP's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP21.11%
EPS Next 2Y14.8%
EPS Next 3Y14.62%
AXP Yearly Income VS Free CF VS DividendAXP 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
AXP Dividend Payout.AXP Dividend Payout, showing the Payout Ratio.AXP Dividend Payout.PayoutRetained Earnings

AMERICAN EXPRESS CO

NYSE:AXP (11/21/2025, 8:13:02 PM)

After market: 352.89 0 (0%)

352.89

+9.09 (+2.64%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)10-17 2025-10-17/bmo
Earnings (Next)01-22 2026-01-22/amc
Inst Owners65.31%
Inst Owner Change-84.35%
Ins Owners0.09%
Ins Owner Change-1.08%
Market Cap243.09B
Revenue(TTM)75.91B
Net Income(TTM)10.41B
Analysts68.89
Price Target357.54 (1.32%)
Short Float %1.89%
Short Ratio3.89
Dividend
Industry RankSector Rank
Dividend Yield 0.95%
Yearly Dividend2.81
Dividend Growth(5Y)10.33%
DP21.11%
Div Incr Years3
Div Non Decr Years20
Ex-Date10-10 2025-10-10 (0.82)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.22%
Min EPS beat(2)2.58%
Max EPS beat(2)3.86%
EPS beat(4)3
Avg EPS beat(4)2.4%
Min EPS beat(4)-0.95%
Max EPS beat(4)4.09%
EPS beat(8)6
Avg EPS beat(8)3.9%
EPS beat(12)8
Avg EPS beat(12)2.15%
EPS beat(16)12
Avg EPS beat(16)3.7%
Revenue beat(2)1
Avg Revenue beat(2)0.45%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)1.09%
Revenue beat(4)1
Avg Revenue beat(4)-0.19%
Min Revenue beat(4)-0.88%
Max Revenue beat(4)1.09%
Revenue beat(8)1
Avg Revenue beat(8)-0.95%
Revenue beat(12)3
Avg Revenue beat(12)0.48%
Revenue beat(16)7
Avg Revenue beat(16)1.9%
PT rev (1m)9.15%
PT rev (3m)10.34%
EPS NQ rev (1m)-1.11%
EPS NQ rev (3m)-0.91%
EPS NY rev (1m)0.27%
EPS NY rev (3m)0.9%
Revenue NQ rev (1m)0.45%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.77%
Valuation
Industry RankSector Rank
PE 23.68
Fwd PE 20.06
P/S 3.2
P/FCF 12.83
P/OCF 11.5
P/B 7.5
P/tB 7.5
EV/EBITDA 16.34
EPS(TTM)14.9
EY4.22%
EPS(NY)17.59
Fwd EY4.99%
FCF(TTM)27.5
FCFY7.79%
OCF(TTM)30.69
OCFY8.7%
SpS110.19
BVpS47.06
TBVpS47.06
PEG (NY)1.4
PEG (5Y)2.31
Graham Number125.61
Profitability
Industry RankSector Rank
ROA 3.5%
ROE 32.12%
ROCE 10.25%
ROIC 3.77%
ROICexc 4.62%
ROICexgc 5.14%
OM 17.76%
PM (TTM) 13.72%
GM 61.93%
FCFM 24.95%
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%
ROICexgc growth 3Y-4.54%
ROICexgc 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-Score6
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 6.45
Debt/FCF 11.04
Debt/EBITDA 13.73
Cap/Depr 126.1%
Cap/Sales 2.9%
Interest Coverage 250
Cash Conversion 138.84%
Profit Quality 181.93%
Current Ratio 0.68
Quick Ratio 0.68
Altman-Z 0.86
F-Score6
WACC9.5%
ROIC/WACC0.4
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)15.24%
EPS 3Y10.15%
EPS 5Y10.27%
EPS Q2Q%18.62%
EPS Next Y16.89%
EPS Next 2Y14.8%
EPS Next 3Y14.62%
EPS Next 5Y10.4%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y17.95%
Revenue growth 5Y8.79%
Sales Q2Q%10.76%
Revenue Next Year9.39%
Revenue Next 2Y9.13%
Revenue Next 3Y8.92%
Revenue Next 5Y7.38%
EBIT growth 1Y10.4%
EBIT growth 3Y7.6%
EBIT growth 5Y8.16%
EBIT Next Year45.1%
EBIT Next 3Y10%
EBIT Next 5YN/A
FCF growth 1Y1.99%
FCF growth 3Y-2.5%
FCF growth 5Y0.25%
OCF growth 1Y4.53%
OCF growth 3Y-1.37%
OCF growth 5Y0.61%

AMERICAN EXPRESS CO / AXP FAQ

Can you provide the ChartMill fundamental rating for AMERICAN EXPRESS CO?

ChartMill assigns a fundamental rating of 4 / 10 to AXP.


What is the valuation status of AMERICAN EXPRESS CO (AXP) stock?

ChartMill assigns a valuation rating of 3 / 10 to AMERICAN EXPRESS CO (AXP). This can be considered as Overvalued.


Can you provide the profitability details for AMERICAN EXPRESS CO?

AMERICAN EXPRESS CO (AXP) has a profitability rating of 6 / 10.


What is the valuation of AMERICAN EXPRESS CO based on its PE and PB ratios?

The Price/Earnings (PE) ratio for AMERICAN EXPRESS CO (AXP) is 23.68 and the Price/Book (PB) ratio is 7.5.


What is the expected EPS growth for AMERICAN EXPRESS CO (AXP) stock?

The Earnings per Share (EPS) of AMERICAN EXPRESS CO (AXP) is expected to grow by 16.89% in the next year.