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UPDATED: Nov 20, 2025

Stock Analysis

AXP Logo
$344.64
$3.98 |1.17%
Day Range:
$340.74 - $345.32
Market Cap:
238.30B
P/E Ratio:
22.8784
Avg Value:
$298.83
Year Range:
$220.43 - $377.23
1
General Information
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products.

The company also operates a highly profitable merchant payment network. The firm operates in four segments: US consumer services, US commercial services, international card services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

2
American Express (AXP) Stock Graph
3
How We Grade American Express (AXP)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade American Express (AXP) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

67.08

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

66.73

Quality is a composite ranking that evaluates a company's operational efficiency and financial health by analyzing historical profitability metrics and fundamental strength indicators on a percentile basis relative to peers.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how American Express compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
COFCapital One Finl
0
65.49
30.42
54.55
SOFISoFi Technologies
0
0
95.75
93.85
SYFSynchrony Financial
0
68.39
59.87
70.47
KSPIKaspi.kz
75.24
0
91.22
16.33
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 13 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $307.00 - $400.00 with an average of $360.31

4.15%
Expected movement for American Express (AXP) over the next 12 months
Based on these rankings

Recent Ratings for American Express (AXP)

Freedom Capital Markets
Date:
Oct 24, 2025
Action:
Upgrades
Prev. Target:
$280.00
New Target:
$325.00
Wells Fargo
Date:
Oct 20, 2025
Action:
Maintains
Prev. Target:
$375.00
New Target:
$400.00
Truist Securities
Date:
Oct 20, 2025
Action:
Maintains
Prev. Target:
$375.00
New Target:
$395.00
Barclays
Date:
Oct 20, 2025
Action:
Maintains
Prev. Target:
$336.00
New Target:
$355.00
BTIG
Date:
Oct 20, 2025
Action:
Maintains
Prev. Target:
$277.00
New Target:
$307.00
UBS
Date:
Oct 7, 2025
Action:
Maintains
Prev. Target:
$330.00
New Target:
$340.00
JP Morgan
Date:
Oct 7, 2025
Action:
Maintains
Prev. Target:
$343.00
New Target:
$355.00
Barclays
Date:
Oct 6, 2025
Action:
Maintains
Prev. Target:
$297.00
New Target:
$336.00
Keefe, Bruyette & Woods
Date:
Oct 1, 2025
Action:
Maintains
Prev. Target:
$371.00
New Target:
$394.00
7
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, AXP's earnings have increased for the past three years, this is a positive sign for the stock.
8
Dividend
There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in American Express (AXP) dividend yield on an annual basis.

-32.04%
American Express (AXP) saw a decrease in it's dividend yield since 2020
9
Past Performance
How has American Express (AXP) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

American Express (AXP) sharpe ratio over the past 5 years is 1.9537 which is considered to be above average compared to the peer average of 0.4874

10
Analyzing American Express (AXP) Recent Options Activity
Below, you can see the trend in options sentiment over the past 30 days.

Based on our data, AXP's options trades have recently carried more negative sentiment than positive.

11
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is AXP's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Revenue
43.14
52.56
60.36
65.95
70.43
Operating Revenue
43.14
52.56
60.36
65.95
70.43
Cost Of Revenue
0.00
0.00
0.00
0.00
0.00
Gross Profit
0.00
0.00
0.00
0.00
0.00
Operating Expense
0.00
0.00
0.00
0.00
0.00
Selling General And Administration
15.29
12.71
13.28
14.24
14.87
Research and Development
0.00
0.00
0.00
0.00
0.00
Operating Income
0.00
0.00
0.00
0.00
0.00
Net Non-Operating Interest Income Expense
0.00
0.00
0.00
0.00
0.00
Other Income Expense
0.00
0.00
0.00
0.00
0.00
Other Non-Operating Income Expenses
0.00
0.00
0.00
0.00
0.00
Pre-Tax Income
10.69
9.59
10.51
12.90
13.46
Tax Provision
2.63
2.07
2.14
2.77
2.92
Net Income
8.06
7.51
8.37
10.13
10.54
Net Income Common Stockholders
7.92
7.40
8.25
9.99
10.41
Total Operating Income As Reported
0.00
0.00
0.00
0.00
0.00
Total Expenses
0.00
0.00
0.00
0.00
0.00
Net Income From Continuing And Discontinued Operation
8.06
7.51
8.37
10.13
10.54
Normalized Income
8.06
7.51
8.37
9.80
10.64
Interest Income
9.03
12.66
19.98
23.80
25.09
Interest Expense
1.28
2.76
6.85
8.25
8.21
Net Interest Income
7.75
9.89
13.13
15.54
16.88
EBIT
0.00
0.00
0.00
0.00
0.00
EBITDA
0.00
0.00
0.00
0.00
0.00
Reconciled Cost Of Revenue
0.00
0.00
0.00
0.00
0.00
Reconciled Depreciation
1.70
1.63
1.65
1.68
1.74
Normalized EBITDA
0.00
0.00
0.00
0.00
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.24
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.08
-0.03
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Assets
188.55
228.35
261.11
271.46
297.55
Current Assets
0.00
0.00
0.00
0.00
0.00
Total Non-Current Assets
0.00
0.00
0.00
0.00
0.00
Total Liabilities Net Minority Interest
166.37
203.64
233.05
241.20
265.13
Current Liabilities
0.00
0.00
0.00
0.00
0.00
Other Non-Current Liabilities
0.00
0.00
0.00
0.00
0.00
Total Equity Gross Minority Interest
22.18
24.71
28.06
30.26
32.42
Stockholders Equity
0.00
0.00
0.00
0.00
0.00
Total Capitalization
60.84
67.28
75.92
79.98
90.20
Common Stock Equity
22.18
24.71
28.06
30.26
32.42
Net Tangible Assets
18.17
20.78
24.11
25.95
32.42
Working Capital
0.00
0.00
0.00
0.00
0.00
Invested Capital
63.08
68.63
77.22
81.35
91.65
Tangible Book Value
18.17
20.78
24.11
25.95
32.42
Total Debt
40.92
43.92
49.16
51.09
59.23
Net Debt
19.38
10.38
2.63
10.54
5.77
Share Issued
0.76
0.74
0.72
0.70
0.69
Ordinary Shares Number
0.76
0.74
0.72
0.70
0.69
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
14.64
21.08
18.56
14.05
21.14
Net Income from Continuing Operations
8.06
7.51
8.37
10.13
10.54
Depreciation and Amortization
1.70
1.63
1.65
1.68
1.74
Deferred Tax
0.29
-1.19
-1.33
-0.99
-0.71
Deferred Income Tax
0.29
-1.19
-1.33
-0.99
-0.71
Stock-Based Compensation
0.33
0.38
0.45
0.50
0.52
Other Non-Cash Items
0.36
0.67
-0.56
-0.16
Change in Working Capital
6.46
10.21
3.82
-1.89
4.07
Change in Receivables
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
5.39
8.81
5.06
-2.90
4.18
Change in Payable
5.39
8.81
5.06
-2.90
4.18
Change in Account Payable
5.39
8.81
5.06
-2.90
4.18
Change in Other Current Assets
1.07
1.39
-1.24
1.01
-0.10
Change in Other Current Liabilities
Change in Other Working Capital
Cash Flow from Continuing Investing Activities
-10.53
-33.69
-24.43
-24.40
-25.19
Net PPE Purchase and Sale
-1.55
-1.85
-1.56
-1.91
-2.20
Net Business Purchase and Sale
-0.06
0.14
Purchase of Business
Net Investment Purchase and Sale
18.58
-2.26
2.32
0.63
-0.47
Purchase of Investment
-1.52
-4.17
-1.57
-1.59
-1.70
Sale of Investment
20.09
1.92
3.89
2.22
1.23
Net Other Investing Changes
Financing Cash Flow
-14.93
24.51
18.38
4.44
10.59
Cash Flow from Continuing Financing Activities
-14.93
24.51
18.38
4.44
10.59
Net Issuance Payments of Debt
-3.41
3.62
4.87
2.05
4.20
Net Long-Term Debt Issuance
-3.87
4.32
4.97
1.84
4.16
Long-Term Debt Issuance
23.23
15.67
12.60
22.46
Long-Term Debt Payments
-11.66
-18.91
-10.70
-10.76
-18.30
Net Short-Term Debt Issuance
0.46
-0.71
-0.10
0.21
0.04
Net Common Stock Issuance
-7.59
-3.45
-3.62
-5.92
-5.85
Common Stock Issuance
0.06
0.06
0.03
0.10
0.10
Common Stock Payments
-7.65
-3.50
-3.65
-6.02
-5.95
Cash Dividends Paid
-1.45
-1.56
-1.78
-2.00
-2.20
Net Other Financing Charges
End Cash Position
121.02
119.05
174.30
195.67
205.79
Changes in Cash
-10.82
11.90
12.50
-5.92
6.54
Beginning Cash Position
131.96
107.17
161.62
201.62
199.00
Capital Expenditure
-1.55
-1.85
-1.56
-1.91
-2.19
Issuance of Capital Stock
1.65
0.06
0.03
0.10
0.10
Issuance of Debt
23.23
15.67
12.60
22.29
Repayment of Debt
-11.66
-18.91
-10.70
-10.76
-18.30
Repurchase of Capital Stock
-9.25
-3.50
-3.65
-6.02
-5.95
Free Cash Flow
13.09
19.22
17.00
12.14
18.94