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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $72.23B | $65.95B | $60.52B | $52.86B | $42.38B | $36.09B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - |
| Operating Income | $13.79B | $12.89B | $10.51B | $9.59B | $4.30B | $4.30B |
| Interest Expense | - | - | $6.85B | $2.76B | $1.28B | $2.10B |
| Income Tax | $2.96B | $2.77B | $2.14B | $2.07B | $2.63B | $1.16B |
| Net Income | $10.83B | $10.13B | $8.37B | $7.51B | $8.06B | $3.13B |
| EPS - Basic | $15.41 | $14.04 | $11.23 | $9.86 | $3.77 | - |
| EPS - Diluted | $15.38 | $14.01 | $11.21 | $9.85 | $3.77 | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $47.79B | $40.64B | $46.60B | $33.91B | $22.03B | $32.97B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $300.05B | $271.46B | $261.11B | $228.35B | $188.55B | $191.37B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $56.39B | $49.72B | $47.87B | $42.57B | $38.67B | $42.95B |
| Total Liabilities | $266.58B | $241.20B | $233.05B | $203.64B | $166.37B | $168.38B |
| Stockholders' Equity | $33.47B | $30.26B | $28.06B | $24.71B | $22.18B | $22.98B |
| Retained Earnings | $25.49B | $22.15B | $19.61B | $16.28B | $13.47B | $13.84B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $18.43B | $14.05B | $18.56B | $21.08B | $14.64B | $5.59B |
| Investing Cash Flow | ($22.89B) | ($24.40B) | ($24.43B) | ($33.69B) | ($10.53B) | $11.63B |
| Financing Cash Flow | $11.21B | $4.44B | $18.38B | $24.51B | ($14.93B) | ($9.07B) |
| CapEx | $2.42B | $1.91B | $1.56B | $1.85B | $1.55B | $1.48B |
| Free Cash Flow | $16.00B | $12.14B | $17.00B | $19.22B | $13.10B | $4.11B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 19.1% | 19.6% | 17.4% | 18.1% | 10.1% | 11.9% |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 15.0% | 15.4% | 13.8% | 14.2% | 19.0% | 8.7% |
| Free cash flow margin | 22.2% | 18.4% | 28.1% | 36.4% | 30.9% | 11.4% |
| FCF / Net income | 1.48 | 1.20 | 2.03 | 2.56 | 1.62 | 1.31 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 21.5% | 21.5% | 20.3% | 21.6% | 24.6% | 27.0% |
| Return on assets | 3.6% | 3.7% | 3.2% | 3.3% | 4.3% | 1.6% |
| Return on equity | 32.4% | 33.5% | 29.8% | 30.4% | 36.3% | 13.6% |
| Return on invested capital | 12.1% | 12.7% | 11.0% | 11.2% | 5.3% | 4.8% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 1.68 | 1.64 | 1.71 | 1.72 | 1.74 | 1.87 |
| Debt / Assets | 0.19 | 0.18 | 0.18 | 0.19 | 0.21 | 0.22 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | 1.5x | 3.5x | 3.3x | 2.0x |
| Equity multiplier | 8.96 | 8.97 | 9.31 | 9.24 | 8.50 | 8.33 |
| Liabilities / Assets | 0.89 | 0.89 | 0.89 | 0.89 | 0.88 | 0.88 |
| Efficiency | ||||||
| Asset turnover | 0.24 | 0.24 | 0.23 | 0.23 | 0.22 | 0.19 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 24.1x | 21.2x | 16.7x | 15.0x | 43.4x | - |
| P / B | 7.7x | 7.0x | 4.9x | 4.5x | 5.8x | 4.2x |
| P / S | 3.6x | 3.2x | 2.3x | 2.1x | 3.0x | 2.7x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 9.5% | 9.0% | 14.5% | 24.7% | 17.4% | -17.1% |
| Revenue CAGR (3y) | 11.0% | 15.9% | 18.8% | 6.7% | 1.7% | 4.0% |
| Revenue CAGR (5y) | 14.9% | 8.7% | 8.5% | 10.5% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 7.0% | 22.7% | 9.7% | 123.1% | 0.0% | -49.0% |
| Net income growth (YoY) | 7.0% | 21.0% | 11.4% | -6.8% | 157.1% | -53.6% |
| EPS growth (YoY) | 9.8% | 25.0% | 13.8% | 161.3% | - | - |
| EPS CAGR (3y) | 16.0% | 54.9% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 31.8% | -28.6% | -11.6% | 46.8% | 218.4% | -65.4% |
| FCF CAGR (5y) | 31.2% | 0.4% | 17.4% | 9.0% | 13.8% | -15.6% |
| Book value growth (YoY) | 10.6% | 7.9% | 13.5% | 11.4% | -3.5% | -0.4% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
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 |