AXP · American Express Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.91B | - | $18.43B | $17.86B | $16.97B | - | $16.64B | $16.33B | $15.80B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $3.78B | - | $3.83B | $3.55B | $3.33B | - | $3.20B | $3.79B | $3.15B | - |
| Interest Expense | - | - | - | - | - | - | - | - | $2.01B | - |
| Income Tax | $807.00M | - | $923.00M | $665.00M | $746.00M | - | $697.00M | $775.00M | $708.00M | - |
| Net Income | $2.97B | - | $2.90B | $2.88B | $2.58B | - | $2.51B | $3.02B | $2.44B | - |
| EPS - Basic | $4.29 | - | $4.14 | $4.08 | $3.64 | - | $3.50 | $4.16 | $3.34 | - |
| EPS - Diluted | $4.28 | - | $4.14 | $4.08 | $3.64 | - | $3.49 | $4.15 | $3.33 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $53.76B | $47.79B | $54.71B | $57.94B | $52.51B | $40.64B | $47.92B | $52.90B | $54.21B | $46.60B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $308.89B | $300.05B | $297.55B | $295.56B | $282.24B | $271.46B | $270.98B | $272.22B | $269.26B | $261.11B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $58.75B | $56.39B | $57.79B | $58.20B | $51.24B | $49.72B | $53.55B | $51.52B | $48.83B | $47.87B |
| Total Liabilities | $274.90B | $266.58B | $265.13B | $263.25B | $251.04B | $241.20B | $241.27B | $242.68B | $240.50B | $233.05B |
| Stockholders' Equity | $33.99B | $33.47B | $32.42B | $32.31B | $31.20B | $30.26B | $29.71B | $29.54B | $28.76B | $28.06B |
| Retained Earnings | $26.09B | $25.49B | $24.47B | $24.37B | $23.39B | $22.15B | $21.47B | $21.27B | $20.42B | $19.61B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.80B | - | - | - | $4.76B | - | - | - | $5.55B | - |
| Investing Cash Flow | ($2.87B) | - | - | - | $451.00M | - | - | - | ($3.14B) | - |
| Financing Cash Flow | $4.98B | - | - | - | $6.64B | - | - | - | $5.18B | - |
| CapEx | $1.15B | - | - | - | $430.00M | - | - | - | $396.00M | - |
| Free Cash Flow | $2.65B | - | - | - | $4.33B | - | - | - | $5.16B | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 20.0% | - | 20.8% | 19.9% | 19.6% | - | 19.3% | 23.2% | 19.9% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 15.7% | - | 15.7% | 16.2% | 15.2% | - | 15.1% | 18.5% | 15.4% | - |
| Free cash flow margin | 14.0% | - | - | - | 25.5% | - | - | - | 32.6% | - |
| FCF / Net income | 0.89 | - | - | - | 1.68 | - | - | - | 2.12 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 21.4% | - | 24.1% | 18.7% | 22.4% | - | 21.8% | 20.4% | 22.5% | - |
| Return on assets | 1.0% | - | 1.0% | 1.0% | 0.9% | - | 0.9% | 1.1% | 0.9% | - |
| Return on equity | 8.7% | - | 9.0% | 8.9% | 8.3% | - | 8.4% | 10.2% | 8.5% | - |
| Return on invested capital | 3.2% | - | 3.2% | 3.2% | 3.1% | - | 3.0% | 3.7% | 3.1% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.73 | 1.68 | 1.78 | 1.80 | 1.64 | 1.64 | 1.80 | 1.74 | 1.70 | 1.71 |
| Debt / Assets | 0.19 | 0.19 | 0.19 | 0.20 | 0.18 | 0.18 | 0.20 | 0.19 | 0.18 | 0.18 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 1.6x | - |
| Equity multiplier | 9.09 | 8.96 | 9.18 | 9.15 | 9.05 | 8.97 | 9.12 | 9.22 | 9.36 | 9.31 |
| Liabilities / Assets | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 | 0.89 |
| Efficiency | ||||||||||
| Asset turnover | 0.06 | - | 0.06 | 0.06 | 0.06 | - | 0.06 | 0.06 | 0.06 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 70.7x | - | 80.2x | 78.2x | 73.9x | - | 77.7x | 55.8x | 68.4x | - |
| P / B | 6.1x | - | 7.1x | 6.9x | 6.1x | - | 6.5x | 5.6x | 5.7x | - |
| P / S | 11.0x | - | 12.5x | 12.5x | 11.1x | - | 11.6x | 10.2x | 10.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.4% | - | 10.8% | 9.3% | 7.4% | - | 8.2% | 8.5% | 10.6% | - |
| Revenue CAGR (3y) | 9.8% | - | 10.8% | 10.1% | 13.1% | - | 15.0% | 16.8% | 20.4% | - |
| Revenue CAGR (5y) | 15.8% | - | 16.1% | 18.4% | 10.5% | - | 8.6% | 8.5% | 8.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 13.5% | - | 19.4% | -6.3% | 5.9% | - | 3.4% | 38.6% | 45.1% | - |
| Net income growth (YoY) | 15.0% | - | 15.8% | -4.3% | 6.0% | - | 2.3% | 38.7% | 34.2% | - |
| EPS growth (YoY) | 17.6% | - | 18.6% | -1.7% | 9.3% | - | 5.8% | 43.6% | 38.8% | - |
| EPS CAGR (3y) | 21.3% | - | 18.8% | 16.7% | 10.1% | - | 15.4% | 14.0% | 6.7% | - |
| EPS CAGR (5y) | 9.3% | - | 26.1% | 69.7% | 54.8% | - | 10.9% | 14.9% | 13.1% | - |
| FCF growth (YoY) | -38.7% | - | - | - | -15.9% | - | - | - | - | - |
| FCF CAGR (5y) | 6.2% | - | - | - | - | - | - | - | -8.9% | - |
| Book value growth (YoY) | 9.0% | 10.6% | 9.1% | 9.4% | 8.5% | 7.9% | 8.7% | 10.6% | 10.7% | 13.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$72.50B totalUSConsumer Services Segment$34.81B · 48.0%
Commercial Services Segment$16.93B · 23.3%
International Card Services Segment$13.00B · 17.9%
Global Merchant And Network Services Segment$7.76B · 10.7%
Geographic
$72.23B totalUS$56.02B · 77.6%
EMEA$7.07B · 9.8%
APACGeographic Region$5.22B · 7.2%
Lacc Geographic Region$4.19B · 5.8%
Other Unallocated($271.00M) · -0.4%
Peer comparison
Same SIC group: Finance Services
Comparing AMERICAN EXPRESS CO against the 5 most active filers in the same SIC group.
Dividends
$3.41/share trailing 12 months · +16.8% YoY
| Ex-date | Per share |
|---|---|
| Apr 2, 2026 | $0.9500 |
| Jan 2, 2026 | $0.8200 |
| Oct 10, 2025 | $0.8200 |
| Jul 3, 2025 | $0.8200 |
| Apr 4, 2025 | $0.8200 |
| Jan 3, 2025 | $0.7000 |
| Oct 4, 2024 | $0.7000 |
| Jul 5, 2024 | $0.7000 |
| Apr 4, 2024 | $0.7000 |
| Jan 4, 2024 | $0.6000 |
| Oct 5, 2023 | $0.6000 |
| Jul 6, 2023 | $0.6000 |
| Apr 5, 2023 | $0.6000 |
| Jan 5, 2023 | $0.5200 |
| Oct 13, 2022 | $0.5200 |
| Jun 30, 2022 | $0.5200 |
| Apr 7, 2022 | $0.5200 |
| Jan 6, 2022 | $0.4300 |
| Oct 7, 2021 | $0.4300 |
| Jul 1, 2021 | $0.4300 |
| Mar 31, 2021 | $0.4300 |
| Jan 7, 2021 | $0.4300 |
| Oct 8, 2020 | $0.4300 |
| Jul 1, 2020 | $0.4300 |