What is American Express Company's earnings per share (EPS)?

American Express Company (AXP) reported diluted earnings per share of $15.38 for fiscal year 2025. This represents a 9.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

American Express Company (AXP) Financials

AXP

Trailing 12 months to June 30, 2026

Revenue $76.0B +10.7% YoY

Net Income $11.4B +12.8% YoY

EPS (Diluted) $16.48 +15.6% YoY

Free Cash Flow $15.1B +35.7% YoY

Market Cap $208.1B as of Oct 9, 2026

Price / Sales 2.7x on $76.0B revenue, trailing 12 months to June 30, 2026

Price / Earnings 18.2x on $11.4B net income, trailing 12 months to June 30, 2026

Price / Book 6.1x on $34.3B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 24, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AXP SEC filings page.

American Express Company (AXP) reported $76.0B in revenue over the twelve months to Jun 30, 2026, up 10.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AXP FY2025 2026-10-03

American Express scales a balance-sheet-heavy finance model, with earnings recovering while returns remain below their FY2021 peak.

Revenue expanded 70.4% from FY2021 to FY2025, while assets grew 58.8%; that pairing points to a model where balance-sheet capacity scales alongside reported activity. Net margin was 15.0% in FY2025 versus 19.0% in FY2021; earnings expansion therefore came from a larger base, not wider margins.

ROA was 3.6% in FY2025, below 4.3% in FY2021, showing the larger asset base has not restored earlier asset productivity. Meanwhile, liabilities were about 8.0x equity and debt-to-equity was 1.7x, a capital structure in which liabilities—not just conventional debt—are central to funding the business.

Operating cash flow exceeded net income in FY2025, at $18.4B versus $10.8B, indicating reported earnings were accompanied by cash generation rather than purely accrual profit. Free cash flow was $16.0B after $2.4B of capital expenditure, so reinvestment consumed a meaningful but not dominant portion of operating cash.

Financial Health Signals

Financial health score not available

American Express Company does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/7

American Express Company passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.70x

For every $1 of reported earnings, American Express Company generates $1.70 in operating cash flow ($18.4B OCF vs $10.8B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$19.6B

YoY+10.0%

QoQ+3.9%

5Y CAGR+13.9%

10Y CAGR+9.1%

American Express Company generated $19.6B in revenue in Q2 2026. This represents an increase of 10.0% from the same quarter a year earlier. Against the prior quarter it is up 3.9%.

Net Income

$3.1B

YoY+7.8%

QoQ+4.7%

5Y CAGR+6.4%

10Y CAGR+4.4%

American Express Company reported $3.1B in net income in Q2 2026. This represents an increase of 7.8% from the same quarter a year earlier. Against the prior quarter it is up 4.7%.

EPS (Diluted)

$4.53

YoY+11.0%

QoQ+5.8%

5Y CAGR+10.1%

10Y CAGR+8.0%

American Express Company earned $4.53 per diluted share (EPS) in Q2 2026. This represents an increase of 11.0% from the same quarter a year earlier. Against the prior quarter it is up 5.8%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$4.5B

YoY+19.4%

QoQ+68.5%

5Y CAGR+9.1%

10Y CAGR+30.0%

American Express Company generated $4.5B in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 19.4% from the same quarter a year earlier. Against the prior quarter it is up 68.5%.

Cash & Debt

$45.2B

YoY-21.9%

QoQ-15.8%

5Y CAGR+8.0%

American Express Company held $45.2B in cash against $57.0B in long-term debt as of Q2 2026.

Dividends Per Share

$0.95

YoY+15.9%

QoQ0.0%

5Y CAGR+17.2%

10Y CAGR+12.6%

American Express Company paid $0.95 per share in dividends in Q2 2026. This represents an increase of 15.9% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

675M

YoY-3.0%

QoQ-1.0%

5Y CAGR-3.2%

10Y CAGR-3.1%

American Express Company had 675M shares outstanding in Q2 2026. This represents a decrease of 3.0% from the same quarter a year earlier. Against the prior quarter it is down 1.0%.

Margins & Returns

Net Margin

15.8%

YoY-0.3pp

QoQ+0.1pp

5Y change-6.4pp

10Y change-8.6pp

American Express Company's net profit margin was 15.8% in Q2 2026, showing the share of revenue converted to profit. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Return on Equity

9.1%

YoY+0.1pp

QoQ+0.3pp

5Y change+0.1pp

10Y change-0.5pp

American Express Company's ROE was 9.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$2.3B

YoY+69.9%

QoQ+20.6%

5Y CAGR+21.1%

American Express Company spent $2.3B on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 69.9% from the same quarter a year earlier. Against the prior quarter it is up 20.6%.

Capital Expenditures

$898.0M

YoY+45.1%

QoQ-21.8%

5Y CAGR+25.4%

10Y CAGR+10.0%

American Express Company invested $898.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 45.1% from the same quarter a year earlier. Against the prior quarter it is down 21.8%.

R&D Spending

Not reported for Q2 2026.

AXP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AXP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$76.0B	$72.2B+9.5%	$65.9B+9.0%	$60.5B+14.5%	$52.9B+24.7%	$42.4B+17.4%	$36.1B-17.1%	$43.6B+8.0%	$40.3B+9.4%	$36.9B+4.1%	$35.4B+8.0%	$32.8B-4.0%	$34.2B+4.0%	$32.9B+4.2%	$31.6B+5.3%	$30.0B
SG&A Expenses	$9.6B	$9.0B+10.0%	$8.2B+1.6%	$8.1B+11.2%	$7.3B+16.2%	$6.2B+9.1%	$5.7B-3.3%	$5.9B+12.6%	$5.3B-0.2%	$5.3B0.0%	$5.3B+5.7%	$5.0B-18.4%	$6.1B-1.6%	$6.2B-6.2%	$6.6B+5.5%	$6.3B
Interest Expense	$8.1B	$8.2B-0.2%	$8.3B+20.5%	$6.8B+147.9%	$2.8B+115.4%	$1.3B-38.8%	$2.1B-39.4%	$3.5B+17.7%	$2.9B+39.3%	$2.1B+23.9%	$1.7B+5.1%	$1.6B-4.9%	$1.7B-12.8%	$2.0B-12.0%	$2.2B-4.1%	$2.3B
Income Tax	$3.3B	$3.0B+7.1%	$2.8B+29.3%	$2.1B+3.3%	$2.1B-21.2%	$2.6B+126.4%	$1.2B-30.5%	$1.7B+39.1%	$1.2B-74.3%	$4.7B+75.4%	$2.7B-3.9%	$2.8B-10.7%	$3.1B+22.8%	$2.5B+28.4%	$2.0B-4.3%	$2.1B
Net Income	$11.4B	$10.8B+7.0%	$10.1B+21.0%	$8.4B+11.4%	$7.5B-6.8%	$8.1B+157.1%	$3.1B-53.6%	$6.8B-2.3%	$6.9B+151.9%	$2.7B-48.9%	$5.4B+4.1%	$5.2B-12.3%	$5.9B+9.8%	$5.4B+19.6%	$4.5B-9.2%	$4.9B
EPS (Basic)	N/A	$15.41+9.8%	$14.04+25.0%	$11.23+13.9%	$9.86-1.8%	$10.04+166.3%	$3.77-52.9%	$8.00+0.9%	$7.93+164.3%	$3.00-46.7%	$5.63+11.0%	$5.07-9.1%	$5.58+13.6%	$4.91+25.6%	$3.91-5.6%	$4.14
EPS (Diluted)	$16.48	$15.38+9.8%	$14.01+25.0%	$11.21+13.8%	$9.85-1.7%	$10.02+165.8%	$3.77-52.8%	$7.99+1.0%	$7.91+164.5%	$2.99-46.7%	$5.61+11.1%	$5.05-9.2%	$5.56+13.9%	$4.88+25.4%	$3.89-5.6%	$4.12
Diluted Shares (Avg)	N/A	696M-2.4%	713M-3.1%	736M-2.1%	752M-4.8%	790M-2.0%	806M-2.9%	830M-3.4%	859M-3.0%	886M-5.2%	935M-6.8%	1.00B-4.6%	1.05B-3.5%	1.09B-4.6%	1.14B-3.6%	1.18B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$19.6B+10.0%	$18.9B+11.4%	$19.0B+10.5%	$18.4B+10.8%	$17.9B+9.3%	$17.0B+7.4%	$17.2B+8.7%	$16.6B+8.2%
SG&A Expenses	$2.3B+8.9%	$2.5B+17.1%	$2.5B+19.2%	$2.2B+9.3%	$2.2B+10.4%	$2.1B+1.0%	$2.1B-1.4%	$2.0B+0.1%
Interest Expense	$2.0B-5.7%	$2.0B+0.4%	$2.1B+1.0%	$2.1B-0.6%	$2.1B+0.6%	$2.0B-2.0%	$2.0B+4.7%	$2.1B+19.2%
Income Tax	$961.0M+44.5%	$807.0M+8.2%	$628.0M+7.2%	$923.0M+32.4%	$665.0M-14.2%	$746.0M+5.4%	$586.0M+1.2%	$697.0M+7.4%
Net Income	$3.1B+7.8%	$3.0B+15.0%	$2.5B+13.5%	$2.9B+15.8%	$2.9B-4.3%	$2.6B+6.0%	$2.2B+12.3%	$2.5B+2.3%
EPS (Basic)	$4.54+11.3%	$4.29+17.9%	$3.54+16.1%	$4.14+18.3%	$4.08-1.9%	$3.64+9.0%	$3.05+16.0%	$3.50+6.1%
EPS (Diluted)	$4.53+11.0%	$4.28+17.6%	$3.53+16.1%	$4.14+18.6%	$4.08-1.7%	$3.64+9.3%	$3.04+16.0%	$3.49+5.8%
Diluted Shares (Avg)	679M-2.9%	686M-2.3%	N/A	693M-2.3%	699M-2.5%	702M-2.8%	N/A	709M-3.3%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

AXP Balance Sheet

AXP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$300.1B+10.5%	$271.5B+4.0%	$261.1B+14.3%	$228.4B+20.8%	$189.0B-1.0%	$191.0B-3.5%	$198.0B+4.8%	$189.0B+4.4%	$181.0B+13.8%	$159.0B-1.2%	$161.0B+1.3%	$159.0B+3.9%	$153.0B-0.1%	$153.1B-0.1%	$153.3B
Cash & Equivalents	$47.8B+17.6%	$40.6B-12.8%	$46.6B+39.6%	$33.4B+55.2%	$21.5B-34.8%	$33.0B+34.8%	$24.4B-12.1%	$27.8B-16.4%	$33.3B+30.5%	$25.5B+9.7%	$23.2B	N/A	N/A	N/A	N/A
Short-Term Investments	$742.0M+235.7%	$221.0M+33.1%	$166.0M-45.9%	$307.0M+63.3%	$188.0M+19.7%	$157.0M-29.6%	$223.0M+34.3%	$166.0M+137.1%	$70.0M	$0	$0	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	$56.8B+2.7%	$55.3B+3.4%	$53.5B+14.3%	$46.8B+7.3%	$43.7B-1.6%	$44.4B+1.4%	$43.8B+3.4%	$42.3B+4.7%	$40.5B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	N/A	N/A	N/A
Goodwill	$4.9B+16.4%	$4.2B+8.7%	$3.9B+1.7%	$3.8B-0.5%	$3.8B-1.2%	$3.9B+16.2%	$3.3B+7.9%	$3.1B+2.1%	$3.0B+2.8%	$2.9B+6.5%	$2.7B-9.1%	$3.0B-5.4%	$3.2B+0.5%	$3.2B+0.3%	$3.2B
Total Liabilities	$266.6B+10.5%	$241.2B+3.5%	$233.1B+14.4%	$203.6B+22.4%	$166.4B-1.2%	$168.4B-3.9%	$175.3B+5.4%	$166.3B+2.1%	$162.9B+17.7%	$138.4B-1.5%	$140.5B+1.5%	$138.4B+3.4%	$133.9B-0.3%	$134.3B-0.2%	$134.5B
Long-Term Debt	$56.4B+13.4%	$49.7B+3.9%	$47.9B+12.4%	$42.6B+10.1%	$38.7B-10.0%	$43.0B-25.7%	$57.8B-1.0%	$58.4B+4.7%	$55.8B+18.8%	$47.0B-2.2%	$48.1B-17.1%	$58.0B+4.7%	$55.3B-6.2%	$59.0B-1.0%	$59.6B
Total Equity	$33.5B+10.6%	$30.3B+7.9%	$28.1B+13.5%	$24.7B+11.4%	$22.2B-3.5%	$23.0B-0.4%	$23.1B+3.5%	$22.3B+22.1%	$18.3B-11.0%	$20.5B-0.7%	$20.7B0.0%	$20.7B+6.0%	$19.5B+3.2%	$18.9B+0.5%	$18.8B
Retained Earnings	$25.5B+15.1%	$22.1B+12.9%	$19.6B+20.5%	$16.3B+20.8%	$13.5B-2.6%	$13.8B-0.2%	$13.9B+11.0%	$12.5B+50.5%	$8.3B-19.9%	$10.4B+7.3%	$9.7B+1.6%	$9.5B+11.8%	$8.5B+13.0%	$7.5B+4.2%	$7.2B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$308.2B+4.3%	$308.9B+9.4%	$300.1B+10.5%	$297.6B+9.8%	$295.6B+8.6%	$282.2B+4.8%	$271.5B+4.0%	$271.0B+8.1%
Cash & Equivalents	$45.2B-21.9%	$53.8B+2.4%	$47.8B+17.6%	$54.7B+14.2%	$57.9B+9.5%	$52.5B-3.1%	$40.6B-12.8%	$47.9B+10.3%
Short-Term Investments	$321.0M+62.9%	$290.0M+11.1%	$742.0M+235.7%	$1.3B+959.2%	$197.0M+4.8%	$261.0M+278.3%	$221.0M+33.1%	$120.0M+42.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	$4.9B+16.4%	N/A	N/A	N/A	$4.2B+8.7%	N/A
Total Liabilities	$273.9B+4.1%	$274.9B+9.5%	$266.6B+10.5%	$265.1B+9.9%	$263.2B+8.5%	$251.0B+4.4%	$241.2B+3.5%	$241.3B+8.1%
Long-Term Debt	$57.0B-2.0%	$58.8B+14.7%	$56.4B+13.4%	$57.8B+7.9%	$58.2B+13.0%	$51.2B+4.9%	$49.7B+3.9%	$53.5B+15.3%
Total Equity	$34.3B+6.1%	$34.0B+9.0%	$33.5B+10.6%	$32.4B+9.1%	$32.3B+9.4%	$31.2B+8.5%	$30.3B+7.9%	$29.7B+8.7%
Retained Earnings	$26.4B+8.3%	$26.1B+11.5%	$25.5B+15.1%	$24.5B+14.0%	$24.4B+14.6%	$23.4B+14.5%	$22.1B+12.9%	$21.5B+13.3%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

AXP Cash Flow Statement

AXP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$18.5B	$18.4B+31.2%	$14.1B-24.3%	$18.6B-12.0%	$21.1B+43.9%	$14.6B+161.9%	$5.6B-59.0%	$13.6B+52.7%	$8.9B-34.0%	$13.5B+63.3%	$8.3B-22.6%	$10.7B-2.6%	$11.0B+28.6%	$8.5B+20.7%	$7.1B-32.4%	$10.5B
Depreciation & Amortization	N/A	$1.8B+6.0%	$1.7B+1.5%	$1.7B+1.5%	$1.6B-4.1%	$1.7B+9.9%	$1.5B+29.9%	$1.2B-8.1%	$1.3B-2.1%	$1.3B+20.6%	$1.1B+5.0%	$1.0B+3.1%	$1.0B-0.8%	$1.0B+2.9%	$991.0M+8.0%	$918.0M
Stock-Based Compensation	N/A	$551.0M+9.3%	$504.0M+12.0%	$450.0M+20.0%	$375.0M+13.6%	$330.0M+32.5%	$249.0M-12.0%	$283.0M0.0%	$283.0M+0.4%	$282.0M+11.0%	$254.0M+8.5%	$234.0M-19.3%	$290.0M-17.1%	$350.0M+17.8%	$297.0M-1.3%	$301.0M
Capital Expenditures	$3.4B	$2.4B+26.9%	$1.9B+22.3%	$1.6B-15.7%	$1.9B+19.7%	$1.6B+4.9%	$1.5B-10.2%	$1.6B+25.6%	$1.3B+23.4%	$1.1B-22.8%	$1.4B+2.5%	$1.3B+12.2%	$1.2B+18.8%	$1.0B-4.5%	$1.1B-11.4%	$1.2B
Free Cash Flow	$15.1B	$16.0B+31.8%	$12.1B-28.6%	$17.0B-11.6%	$19.2B+46.8%	$13.1B+218.4%	$4.1B-65.7%	$12.0B+57.3%	$7.6B-38.9%	$12.5B+80.4%	$6.9B-26.2%	$9.4B-4.4%	$9.8B+29.9%	$7.5B+25.1%	$6.0B-35.1%	$9.3B
Investing Cash Flow	-$28.4B	-$22.9B+6.2%	-$24.4B+0.1%	-$24.4B+27.5%	-$33.7B-220.0%	-$10.5B-190.5%	$11.6B+169.6%	-$16.7B+14.8%	-$19.6B-7.5%	-$18.2B	N/A	N/A	N/A	N/A	N/A	-$491.0M
Financing Cash Flow	-$3.0B	$11.2B+152.7%	$4.4B-75.9%	$18.4B-25.0%	$24.5B+264.1%	-$14.9B-64.7%	-$9.1B-1647.2%	-$519.0M-110.2%	$5.1B-58.3%	$12.2B	N/A	N/A	N/A	N/A	N/A	-$1.4B
Dividends Paid	$2.4B	$2.3B+13.6%	$2.0B+12.3%	$1.8B+13.7%	$1.6B+8.1%	$1.4B-1.8%	$1.5B+3.7%	$1.4B+7.4%	$1.3B+5.8%	$1.3B+3.6%	$1.2B+3.0%	$1.2B+12.6%	$1.0B+10.9%	$939.0M+4.1%	$902.0M+4.8%	$861.0M
Share Buybacks	$7.5B	$5.8B-3.4%	$6.0B+64.9%	$3.6B+4.2%	$3.5B-54.2%	$7.7B+643.6%	$1.0B	N/A	$1.6B-62.8%	$4.3B-2.3%	$4.4B-2.2%	$4.5B+2.5%	$4.4B+11.3%	$3.9B-0.2%	$4.0B+71.8%	$2.3B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$5.4B+23.1%	$3.8B-20.2%	$3.1B-46.9%	$6.2B+444.0%	$4.4B-3.7%	$4.8B-14.2%	$5.8B-14.6%	-$1.8B-122.0%
Depreciation & Amortization	$488.0M+14.3%	$468.0M+8.1%	$462.0M+7.9%	$455.0M+4.1%	$427.0M+1.4%	$433.0M+11.0%	$428.0M+1.4%	$437.0M+1.9%
Stock-Based Compensation	N/A	$203.0M+28.5%	N/A	N/A	N/A	$158.0M-10.2%	N/A	N/A
Capital Expenditures	$898.0M+45.1%	$1.1B+167.2%	$722.0M+45.9%	$654.0M+43.7%	$619.0M+9.6%	$430.0M+8.6%	$495.0M+16.2%	$455.0M+13.5%
Free Cash Flow	$4.5B+19.4%	$2.7B-38.7%	$2.3B-55.6%	$5.6B+346.1%	$3.7B-5.6%	$4.3B-15.9%	$5.3B-16.7%	-$2.3B-128.9%
Investing Cash Flow	-$9.0B-32.1%	-$2.9B-736.8%	-$9.9B+18.8%	-$6.6B-87.3%	-$6.8B-23.8%	$451.0M+114.3%	-$12.2B-49.9%	-$3.5B+49.2%
Financing Cash Flow	-$4.9B-163.8%	$5.0B-25.1%	-$154.0M+80.0%	-$3.0B-944.9%	$7.7B+2462.5%	$6.6B+28.2%	-$770.0M-118.9%	$350.0M+211.5%
Dividends Paid	$665.0M+12.1%	$583.0M+14.5%	$583.0M+14.3%	$586.0M+13.6%	$593.0M+13.8%	$509.0M+12.6%	$510.0M+12.3%	$516.0M+12.4%
Share Buybacks	$2.3B+69.9%	$1.9B+58.2%	$899.0M-12.8%	$2.4B+21.5%	$1.4B-23.0%	$1.2B-6.5%	$1.0B+14.4%	$1.9B+38.2%

AXP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AXP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	15.0%-0.4pp	15.4%+1.5pp	13.8%-0.4pp	14.2%-4.8pp	19.0%+10.3pp	8.7%-6.8pp	15.5%-1.6pp	17.2%+9.7pp	7.4%-7.7pp	15.2%-0.6pp	15.7%-1.5pp	17.2%+0.9pp	16.3%+2.1pp	14.2%-2.3pp	16.5%
Return on Equity	32.4%-1.1pp	33.5%+3.6pp	29.8%-0.6pp	30.4%-5.9pp	36.3%+22.7pp	13.6%-15.7pp	29.3%-1.8pp	31.1%+16.0pp	15.0%-11.1pp	26.2%+1.2pp	25.0%-3.5pp	28.5%+1.0pp	27.5%+3.8pp	23.7%-2.5pp	26.3%
Return on Assets	3.6%-0.1pp	3.7%+0.5pp	3.2%-0.1pp	3.3%-1.0pp	4.3%+2.6pp	1.6%-1.8pp	3.4%-0.3pp	3.7%+2.1pp	1.5%-1.9pp	3.4%+0.2pp	3.2%-0.5pp	3.7%+0.2pp	3.5%+0.6pp	2.9%-0.3pp	3.2%
Debt-to-Equity	1.680.0x	1.64-0.1x	1.710.0x	1.720.0x	1.74-0.1x	1.87-0.6x	2.51-0.1x	2.62-0.4x	3.06+0.8x	2.290.0x	2.32-0.5x	2.800.0x	2.84-0.3x	3.120.0x	3.17
Asset Turnover	0.240.0x	0.240.0x	0.230.0x	0.230.0x	0.220.0x	0.190.0x	0.220.0x	0.210.0x	0.200.0x	0.220.0x	0.200.0x	0.210.0x	0.210.0x	0.210.0x	0.20
FCF Margin	22.2%+3.7pp	18.4%-9.7pp	28.1%-8.3pp	36.4%+5.5pp	30.9%+19.5pp	11.4%-16.1pp	27.5%+8.6pp	18.9%-14.9pp	33.8%+14.3pp	19.5%-9.0pp	28.5%-0.1pp	28.6%+5.7pp	22.9%+3.8pp	19.1%-11.9pp	31.0%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	15.8%-0.3pp	15.7%+0.5pp	13.0%+0.3pp	15.8%+0.7pp	16.2%-2.3pp	15.2%-0.2pp	12.6%+0.4pp	15.1%-0.9pp
Return on Equity	9.1%+0.1pp	8.7%+0.5pp	7.3%+0.2pp	8.9%+0.5pp	8.9%-1.3pp	8.3%-0.2pp	7.2%+0.3pp	8.4%-0.5pp
Return on Assets	1.0%0.0pp	1.0%0.0pp	0.8%0.0pp	1.0%+0.1pp	1.0%-0.1pp	0.9%0.0pp	0.8%+0.1pp	0.9%-0.1pp
Debt-to-Equity	1.66-0.1x	1.73+0.1x	1.680.0x	1.780.0x	1.80+0.1x	1.64-0.1x	1.64-0.1x	1.80+0.1x
Asset Turnover	0.060.0x	0.060.0x	0.060.0x	0.060.0x	0.060.0x	0.060.0x	0.060.0x	0.060.0x
FCF Margin	22.8%+1.8pp	14.0%-11.5pp	12.4%-18.4pp	30.3%+43.9pp	21.0%-3.3pp	25.5%-7.1pp	30.8%-9.4pp	-13.6%-64.6pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
American Express Company AXP	FY2025	$72.2B	$10.8B	15.0%	$208.1B	—
Mastercard Incorporated MA	FY2025	$32.8B	$15.0B	45.6%	$516.1B	75/100
VISA Inc. V	FY2025	$40.0B	$20.1B	50.1%	$723.6B	78/100
Capital One Financial COF	FY2025	$53.4B	$2.5B	4.6%	$122.2B	41/100
PayPal Holdings, Inc. PYPL	FY2025	$33.2B	$5.2B	15.8%	$47.5B	68/100
SYNCHRONY FINANCIAL SYF	FY2025	$19.0B	$3.6B	18.7%	$23.7B	16/100

Where American Express Company Ranks

Frequently Asked Questions

What is American Express Company's annual revenue?

American Express Company (AXP) reported $72.2B in total revenue for fiscal year 2025. This represents a 9.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is American Express Company's revenue growing?

American Express Company (AXP) revenue grew by 9.5% year-over-year, from $65.9B to $72.2B in fiscal year 2025.

Is American Express Company profitable?

Yes, American Express Company (AXP) reported a net income of $10.8B in fiscal year 2025, with a net profit margin of 15.0%.

How much debt does American Express Company have?

As of fiscal year 2025, American Express Company (AXP) had $47.8B in cash and equivalents against $56.4B in long-term debt.

What is American Express Company's net profit margin?

American Express Company (AXP) had a net profit margin of 15.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does American Express Company pay dividends?

Yes, American Express Company (AXP) paid $3.28 per share in dividends during fiscal year 2025.

What is American Express Company's return on equity (ROE)?

American Express Company (AXP) has a return on equity of 32.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is American Express Company's free cash flow?

American Express Company (AXP) generated $16.0B in free cash flow during fiscal year 2025. This represents a 31.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is American Express Company's operating cash flow?

American Express Company (AXP) generated $18.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are American Express Company's total assets?

American Express Company (AXP) had $300.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are American Express Company's capital expenditures?

American Express Company (AXP) invested $2.4B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does American Express Company buy back shares?

Yes, American Express Company (AXP) spent $5.8B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does American Express Company have outstanding?

American Express Company (AXP) had 687M shares outstanding as of fiscal year 2025.

What is American Express Company's debt-to-equity ratio?

American Express Company (AXP) had a debt-to-equity ratio of 1.68 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is American Express Company's return on assets (ROA)?

American Express Company (AXP) had a return on assets of 3.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is American Express Company's P/E ratio?

American Express Company (AXP) trades at 18.2x earnings, its market capitalization divided by net income of $11.4B net income, trailing 12 months to June 30, 2026. The market capitalization is $208.1B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is American Express Company's price-to-sales ratio?

American Express Company (AXP) trades at 2.7x sales, its market capitalization divided by revenue of $76.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $208.1B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is American Express Company's Piotroski F-Score?

American Express Company (AXP) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are American Express Company's earnings high quality?

American Express Company (AXP) has an earnings quality ratio of 1.70x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.