AMERICAN EXPRESS CO (AXP) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:AXP • US0258161092

359.66 USD
+0.51 (+0.14%)
At close: Feb 9, 2026
359.81 USD
+0.15 (+0.04%)
Pre-Market: 2/10/2026, 8:01:16 AM
Fundamental Rating

4

Overall AXP gets a fundamental rating of 4 out of 10. We evaluated AXP against 54 industry peers in the Consumer Finance industry. AXP has a medium profitability rating, but doesn't score so well on its financial health evaluation. AXP is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year AXP was profitable.
  • AXP had a positive operating cash flow in the past year.
  • AXP had positive earnings in each of the past 5 years.
  • Of the past 5 years AXP 4 years had a positive operating cash flow.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 61.11% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 32.12%, AXP belongs to the top of the industry, outperforming 92.59% of the companies in the same industry.
  • AXP has a Return On Invested Capital (3.74%) which is in line with its industry peers.
Industry RankSector Rank
ROA 3.5%
ROE 32.12%
ROIC 3.74%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
AXP Yearly ROA, ROE, ROICAXP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • AXP has a Profit Margin (13.58%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of AXP has grown nicely.
  • AXP has a Operating Margin of 17.59%. This is in the better half of the industry: AXP outperforms 62.96% of its industry peers.
  • In the last couple of years the Operating Margin of AXP has grown nicely.
  • Looking at the Gross Margin, with a value of 61.32%, AXP is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AXP has declined.
Industry RankSector Rank
OM 17.59%
PM (TTM) 13.58%
GM 61.32%
OM growth 3Y0.01%
OM growth 5Y9.62%
PM growth 3Y1.18%
PM growth 5Y11.63%
GM growth 3Y-1.59%
GM growth 5Y-2.62%
AXP Yearly Profit, Operating, Gross MarginsAXP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AXP is destroying value.
  • There is no outstanding debt for AXP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
AXP Yearly Shares OutstandingAXP Yearly Shares OutstandingYearly Shares Outstanding 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B 250B

2.2 Solvency

  • Based on the Altman-Z score of 0.87, we must say that AXP is in the distress zone and has some risk of bankruptcy.
  • AXP has a better Altman-Z score (0.87) than 61.11% 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.
  • The Debt to FCF ratio of AXP (11.04) is better than 61.11% of its industry peers.
  • AXP has a Debt/Equity ratio of 6.45. This is a high value indicating a heavy dependency on external financing.
  • AXP's Debt to Equity ratio of 6.45 is on the low side compared to the rest of the industry. AXP is outperformed by 68.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.45
Debt/FCF 11.04
Altman-Z 0.87
ROIC/WACC0.53
WACC7.09%
AXP Yearly LT Debt VS Equity VS FCFAXP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 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.
  • AXP has a Current ratio of 0.68. This is comparable to the rest of the industry: AXP outperforms 44.44% of its industry peers.
  • AXP has a Quick Ratio of 0.68. This is a bad value and indicates that AXP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of AXP (0.68) is comparable to the rest of the industry.
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 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 15.28% over the past year.
  • The Earnings Per Share has been growing by 32.56% on average over the past years. This is a very strong growth
  • AXP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.60%.
  • AXP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.25% yearly.
EPS 1Y (TTM)15.28%
EPS 3Y16.08%
EPS 5Y32.56%
EPS Q2Q%16.12%
Revenue 1Y (TTM)6.6%
Revenue growth 3Y11.76%
Revenue growth 5Y15.25%
Sales Q2Q%10.48%

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 12.95% yearly.
  • The Revenue is expected to grow by 7.04% on average over the next years.
EPS Next Y14.96%
EPS Next 2Y14.64%
EPS Next 3Y14.06%
EPS Next 5Y12.95%
Revenue Next Year9.32%
Revenue Next 2Y9.08%
Revenue Next 3Y8.66%
Revenue Next 5Y7.04%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
AXP Yearly Revenue VS EstimatesAXP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5 10 15 20 25

3

4. Valuation

4.1 Price/Earnings Ratio

  • AXP is valuated rather expensively with a Price/Earnings ratio of 23.37.
  • AXP's Price/Earnings ratio is a bit more expensive when compared to the industry. AXP is more expensive than 75.93% of the companies in the same industry.
  • AXP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
  • AXP is valuated rather expensively with a Price/Forward Earnings ratio of 20.33.
  • AXP's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AXP is more expensive than 66.67% of the companies in the same industry.
  • AXP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.86.
Industry RankSector Rank
PE 23.37
Fwd PE 20.33
AXP Price Earnings VS Forward Price EarningsAXP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • AXP's Enterprise Value to EBITDA is on the same level as the industry average.
  • AXP's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 13.08
EV/EBITDA 16.64
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.
  • The decent profitability rating of AXP may justify a higher PE ratio.
  • AXP's earnings are expected to grow with 14.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.56
PEG (5Y)0.72
EPS Next 2Y14.64%
EPS Next 3Y14.06%

6

5. Dividend

5.1 Amount

  • AXP has a yearly dividend return of 0.92%, which is pretty low.
  • AXP's Dividend Yield is comparable with the industry average which is at 2.75.
  • With a Dividend Yield of 0.92, AXP pays less dividend than the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 0.92%

5.2 History

  • On average, the dividend of AXP grows each year by 10.33%, which is quite nice.
  • AXP has paid a dividend for at least 10 years, which is 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 21.11% of the earnings are spent on dividend by AXP. This is a low number and sustainable payout ratio.
  • The dividend of AXP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.11%
EPS Next 2Y14.64%
EPS Next 3Y14.06%
AXP Yearly Income VS Free CF VS DividendAXP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B
AXP Dividend Payout.AXP Dividend Payout, showing the Payout Ratio.AXP Dividend Payout.PayoutRetained Earnings

AMERICAN EXPRESS CO

NYSE:AXP (2/9/2026, 8:04:00 PM)

Premarket: 359.81 +0.15 (+0.04%)

359.66

+0.51 (+0.14%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)01-30
Earnings (Next)04-24
Inst Owners65.15%
Inst Owner Change-1.69%
Ins Owners0.07%
Ins Owner Change7.15%
Market Cap247.75B
Revenue(TTM)78.41B
Net Income(TTM)10.41B
Analysts68.89
Price Target382.51 (6.35%)
Short Float %1.5%
Short Ratio2.97
Dividend
Industry RankSector Rank
Dividend Yield 0.92%
Yearly Dividend2.81
Dividend Growth(5Y)10.33%
DP21.11%
Div Incr Years3
Div Non Decr Years20
Ex-Date01-02
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)3.65%
PT rev (3m)7.67%
EPS NQ rev (1m)-0.88%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)0.16%
EPS NY rev (3m)0.55%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0.41%
Revenue NY rev (3m)0.41%
Valuation
Industry RankSector Rank
PE 23.37
Fwd PE 20.33
P/S 3.23
P/FCF 13.08
P/OCF 11.72
P/B 7.64
P/tB 7.64
EV/EBITDA 16.64
EPS(TTM)15.39
EY4.28%
EPS(NY)17.69
Fwd EY4.92%
FCF(TTM)27.5
FCFY7.65%
OCF(TTM)30.69
OCFY8.53%
SpS111.3
BVpS47.06
TBVpS47.06
PEG (NY)1.56
PEG (5Y)0.72
Graham Number127.65
Profitability
Industry RankSector Rank
ROA 3.5%
ROE 32.12%
ROCE 10.25%
ROIC 3.74%
ROICexc 4.59%
ROICexgc 5.1%
OM 17.59%
PM (TTM) 13.58%
GM 61.32%
FCFM 24.71%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y0.01%
OM growth 5Y9.62%
PM growth 3Y1.18%
PM growth 5Y11.63%
GM growth 3Y-1.59%
GM growth 5Y-2.62%
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 2.87%
Interest Coverage 250
Cash Conversion 138.84%
Profit Quality 181.93%
Current Ratio 0.68
Quick Ratio 0.68
Altman-Z 0.87
F-Score6
WACC7.09%
ROIC/WACC0.53
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.28%
EPS 3Y16.08%
EPS 5Y32.56%
EPS Q2Q%16.12%
EPS Next Y14.96%
EPS Next 2Y14.64%
EPS Next 3Y14.06%
EPS Next 5Y12.95%
Revenue 1Y (TTM)6.6%
Revenue growth 3Y11.76%
Revenue growth 5Y15.25%
Sales Q2Q%10.48%
Revenue Next Year9.32%
Revenue Next 2Y9.08%
Revenue Next 3Y8.66%
Revenue Next 5Y7.04%
EBIT growth 1Y10.4%
EBIT growth 3Y11.77%
EBIT growth 5Y26.34%
EBIT Next Year-4.41%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y43.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y40.54%
OCF growth 3YN/A
OCF growth 5YN/A

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.


Can you provide the valuation status for AMERICAN EXPRESS CO?

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 financial health of AMERICAN EXPRESS CO (AXP) stock?

The financial health rating of AMERICAN EXPRESS CO (AXP) is 2 / 10.


Is the dividend of AMERICAN EXPRESS CO sustainable?

The dividend rating of AMERICAN EXPRESS CO (AXP) is 6 / 10 and the dividend payout ratio is 21.11%.