American Express
AXP NYSE· Consumer Finance
Last close · Oct 26, 2026
$315.05
KIRA · Stoqly’s AI analyst, in plain words
- American Express had $72.2B of revenue in fiscal 2025, up 9.5% on the year before. Over five years, revenue changed +14.9% a year on average.
- American Express made $10.8B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 11.9% a year.
- American Express returned $8.1B to shareholders in fiscal 2025. The diluted share count fell 2.4%.
- It earned 34.0% on shareholders’ money. Running costs took 73.6% of revenue (the efficiency ratio; lower is better).
Market cap
$219.3B
P/E
17.7x
Revenue
$72.2B
Net income
$10.8B
Return on equity
34.0%
Efficiency ratio
73.6%
American Express in 30 seconds · fiscal 2025
Are sales growing?
+9.5%
Yes. Sales grew 9.5% last year.
Does it make a profit?
15.0%
Yes. It keeps 15.0% of every sale as profit.
How lean are its costs?
73.6%
Costly. Running costs take 73.6% of revenue.
How much does it earn on its capital?
34.0%
Good. It earns 34.0% a year on shareholders’ money.
How is the share priced?
17.7x
One share costs 17.7 times its yearly profit per share. Typical for its sector: 13.7x.
What American Express does
American Express issues credit and charge cards to consumers, small businesses, mid-sized companies and large corporations around the world, plus travel, dining and expense management services. It also offers savings and checking accounts, consumer installment loans and small-business lines of credit. It runs its own payments network and signs up merchants to accept its cards, charging them a fee it calls the discount rate. Banks and other institutions in approximately 110 countries and territories also issue American Express-branded cards or sign up merchants on its network. American Express says it makes money mainly from spending on its cards and secondarily from finance charges and fees, including annual fees on many cards. It reports four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.
Biggest risks, in its own words
- Intense competition for partners such as cobrand card issuers, which could lead to losing or renegotiating those deals.
- Pressure on the fees it charges merchants to accept its cards, and the risk of losing merchants.
- Merchants adding surcharges or steering customers toward other ways to pay.
- Failing to win customers and promote card use, or to control what it spends on rewards and marketing to do so.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 6, 2026
- Legal name
- AMERICAN EXPRESS COMPANY
- CIK
- 0000004962
American Express · AXP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $42.4B | $52.9B | $60.5B | $65.9B | $72.2B |
| Revenue growth | 17.4% | 24.7% | 14.5% | 9.0% | 9.5% |
| Net interest income | $7.8B | $9.9B | $13.1B | $15.5B | $17.4B |
| Net income | $8.1B | $7.5B | $8.4B | $10.1B | $10.8B |
| Net margin | 19.0% | 14.2% | 13.8% | 15.4% | 15.0% |
| Diluted EPS | $10.02 | $9.85 | $11.21 | $14.01 | $15.38 |
| Cash | |||||
| Dividends paid | $1.4B | $1.6B | $1.8B | $2.0B | $2.3B |
| Share buybacks | $7.7B | $3.5B | $3.7B | $6.0B | $5.8B |
| Share count change | −2.0% | −4.8% | −2.1% | −3.1% | −2.4% |
| Debt and strength | |||||
| Deposits | $84.4B | $110.2B | $129.1B | $139.4B | $152.5B |
| Shareholders' equity | $22.2B | $24.7B | $28.1B | $30.3B | $33.5B |
| Returns and quality | |||||
| Return on equity | 35.7% | 32.1% | 31.7% | 34.7% | 34.0% |
| Return on tangible equity | 42.5% | 38.0% | 36.9% | 40.1% | 39.4% |
| Efficiency ratio | 78.1% | 77.7% | 74.5% | 72.6% | 73.6% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$60.3M
10 insiders
Of sales under plans
30%
$18.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
American Express · AXP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Net margin | ROE | P/E | F-score |
|---|---|---|---|---|---|---|
| American Express AXP | $219.3B | 9.5% | 15.0% | 34.0% | 17.7x | — |
| Capital One COF | $109.5B | 36.6% | 4.6% | 2.8% | 12.1x | — |
| Synchrony Financial SYF | $28.0B | −2.8% | 18.7% | 21.3% | 7.8x | — |
| Ally Financial ALLY | $12.1B | −3.3% | 10.8% | 5.8% | 9.1x | — |
| SoFi Technologies SOFI | $18.1B | 35.1% | 13.3% | 5.7% | 29.5x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $315.05 a share, the company is worth $219.3B: 17.7 times its earnings of the last four quarters.
American Express grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 3 of 4.
Source: SEC EDGAR XBRL filings (CIK 0000004962). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.