American Gross Profit from 2010 to 2024

AXP Stock  USD 227.75  3.29  1.47%   
American Express Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 27.3 B. Gross Profit is the profit American Express makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1990-03-31
Previous Quarter
8.9 B
Current Value
9.1 B
Quarterly Volatility
2.4 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Interest Expense of 7.2 B, Operating Income of 6.7 B or EBIT of 7.3 B, as well as many exotic indicators such as Short Term Coverage Ratios of 15.07, Price Earnings Ratio of 13.38 or Price To Sales Ratio of 1.58. American financial statements analysis is a perfect complement when working with American Express Valuation or Volatility modules.
  
This module can also supplement American Express' financial leverage analysis and stock options assessment as well as various American Express Technical models . Check out the analysis of American Express Correlation against competitors.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.

Latest American Express' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of American Express over the last few years. Gross profit is a required income statement account that reflects total revenue of American Express minus its cost of goods sold. It is profit before American Express operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. American Express' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Express' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 28.78 B10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

American Gross Profit Regression Statistics

Arithmetic Mean30,468,685,714
Geometric Mean29,849,810,421
Coefficient Of Variation18.73
Mean Deviation4,084,777,143
Median32,119,000,000
Standard Deviation5,707,535,434
Sample Variance32575960.7T
Range25.2B
R-Value0.18
Mean Square Error33944258.5T
R-Squared0.03
Significance0.52
Slope229,814,286
Total Sum of Squares456063450.2T

American Gross Profit History

202427.3 B
202334.5 B
202232.7 B
202127.2 B
202024.3 B
201928.1 B
201840.3 B

Other Fundumenentals of American Express

American Express Gross Profit component correlations

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-0.58-0.17-0.730.140.25-0.62-0.390.260.360.560.11-0.54-0.040.43-0.350.69-0.5-0.280.73-0.520.760.740.730.64-0.85-0.790.610.82
0.770.6-0.73-0.110.220.760.67-0.620.12-0.910.230.58-0.130.140.28-0.590.760.64-0.840.78-0.78-0.75-0.57-0.750.870.69-0.46-0.87
-0.1-0.050.14-0.110.11-0.11-0.240.040.070.16-0.17-0.070.270.14-0.230.160.05-0.110.29-0.420.020.12-0.29-0.24-0.16-0.240.310.2
0.280.790.250.220.110.190.13-0.770.97-0.40.530.18-0.30.87-0.070.530.50.710.040.2-0.320.3-0.08-0.160.040.040.050.13
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0.380.34-0.390.67-0.240.130.37-0.440.16-0.510.260.28-0.350.250.28-0.250.320.39-0.580.7-0.39-0.640.03-0.130.470.44-0.02-0.65
-0.55-0.780.26-0.620.04-0.77-0.49-0.44-0.760.77-0.37-0.520.38-0.7-0.08-0.12-0.64-0.880.39-0.480.60.280.440.44-0.48-0.450.370.42
0.170.70.360.120.070.970.070.16-0.76-0.330.480.12-0.40.92-0.130.630.370.680.10.14-0.20.280.04-0.01-0.06-0.050.090.16
-0.81-0.750.56-0.910.16-0.4-0.78-0.510.77-0.33-0.25-0.740.22-0.31-0.380.49-0.83-0.840.81-0.760.730.610.550.78-0.81-0.630.510.7
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0.25-0.15-0.04-0.130.27-0.30.31-0.350.38-0.40.220.24-0.32-0.23-0.27-0.20.06-0.360.15-0.180.270.04-0.09-0.160.110.230.310.16
0.160.60.430.140.140.870.080.25-0.70.92-0.310.63-0.06-0.23-0.180.580.280.550.150.080.020.180.11-0.02-0.1-0.050.290.15
0.230.14-0.350.28-0.23-0.070.230.28-0.08-0.13-0.380.00.49-0.27-0.18-0.430.30.29-0.490.32-0.25-0.18-0.08-0.380.270.3-0.1-0.17
-0.5-0.010.69-0.590.160.53-0.56-0.25-0.120.630.490.24-0.49-0.20.58-0.43-0.36-0.050.71-0.530.380.650.390.57-0.65-0.480.410.63
0.920.89-0.50.760.050.50.890.32-0.640.37-0.830.360.710.060.280.3-0.360.83-0.670.73-0.77-0.35-0.54-0.760.80.68-0.29-0.43
0.710.89-0.280.64-0.110.710.650.39-0.880.68-0.840.30.75-0.360.550.29-0.050.83-0.590.66-0.68-0.29-0.37-0.530.590.49-0.39-0.37
-0.7-0.440.73-0.840.290.04-0.72-0.580.390.10.810.05-0.740.150.15-0.490.71-0.67-0.59-0.810.720.770.370.66-0.83-0.610.580.82
0.790.69-0.520.78-0.420.20.770.7-0.480.14-0.760.210.67-0.180.080.32-0.530.730.66-0.81-0.65-0.54-0.16-0.380.760.62-0.34-0.62
-0.64-0.60.76-0.780.02-0.32-0.61-0.390.6-0.20.730.05-0.730.270.02-0.250.38-0.77-0.680.72-0.650.480.680.66-0.78-0.590.660.7
-0.51-0.090.74-0.750.120.3-0.56-0.640.280.280.610.08-0.440.040.18-0.180.65-0.35-0.290.77-0.540.480.460.52-0.75-0.620.440.9
-0.52-0.30.73-0.57-0.29-0.08-0.530.030.440.040.550.03-0.45-0.090.11-0.080.39-0.54-0.370.37-0.160.680.460.79-0.68-0.620.530.53
-0.71-0.490.64-0.75-0.24-0.16-0.71-0.130.44-0.010.78-0.14-0.56-0.16-0.02-0.380.57-0.76-0.530.66-0.380.660.520.79-0.76-0.580.390.57
0.890.56-0.850.87-0.160.040.910.47-0.48-0.06-0.810.20.650.11-0.10.27-0.650.80.59-0.830.76-0.78-0.75-0.68-0.760.89-0.49-0.78
0.830.47-0.790.69-0.240.040.850.44-0.45-0.05-0.630.410.450.23-0.050.3-0.480.680.49-0.610.62-0.59-0.62-0.62-0.580.89-0.3-0.6
-0.26-0.130.61-0.460.310.05-0.28-0.020.370.090.510.48-0.630.310.29-0.10.41-0.29-0.390.58-0.340.660.440.530.39-0.49-0.30.64
-0.51-0.210.82-0.870.20.13-0.54-0.650.420.160.70.09-0.480.160.15-0.170.63-0.43-0.370.82-0.620.70.90.530.57-0.78-0.60.64
Click cells to compare fundamentals

About American Express Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include American Express income statement, its balance sheet, and the statement of cash flows. American Express investors use historical funamental indicators, such as American Express's Gross Profit, to determine how well the company is positioned to perform in the future. Although American Express investors may use each financial statement separately, they are all related. The changes in American Express's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Express's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Express Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Express. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Gross Profit34.5 B27.3 B
Gross Profit Margin 0.57  0.69 

American Express Investors Sentiment

The influence of American Express' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Express' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Express. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Express' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Express' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Express' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Express.

American Express Implied Volatility

    
  25.88  
American Express' implied volatility exposes the market's sentiment of American Express stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if American Express' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that American Express stock will not fluctuate a lot when American Express' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Express in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Express' short interest history, or implied volatility extrapolated from American Express options trading.

Pair Trading with American Express

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Express will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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Moving against American Stock

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The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Express to buy it.
The correlation of American Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Express is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Express Stock. Highlighted below are key reports to facilitate an investment decision about American Express Stock:
Check out the analysis of American Express Correlation against competitors.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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Is American Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Express. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.263
Dividend Share
2.4
Earnings Share
11.2
Revenue Per Share
75.635
Quarterly Revenue Growth
0.092
The market value of American Express is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Express' value that differs from its market value or its book value, called intrinsic value, which is American Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Express' market value can be influenced by many factors that don't directly affect American Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.