American Financial Statements From 2010 to 2025

AXP Stock  USD 238.64  4.96  2.12%   
American Express financial statements provide useful quarterly and yearly information to potential American Express investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on American Express financial statements helps investors assess American Express' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting American Express' valuation are summarized below:
Gross Profit
39.4 B
Profit Margin
0.1667
Market Capitalization
163.8 B
Enterprise Value Revenue
3.2589
Revenue
60.8 B
There are currently one hundred twenty fundamental signals for American Express that can be evaluated and compared over time across rivals. Investors and active traders are advised to validate American Express' prevailing fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 04/08/2025, Market Cap is likely to grow to about 202.8 B. Also, Enterprise Value is likely to grow to about 130.7 B

American Express Total Revenue

30.82 Billion

Check American Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Express' main balance sheet or income statement drivers, such as Interest Expense of 8.7 B, Other Operating Expenses of 13.1 B or Operating Income of 38 B, as well as many indicators such as Price To Sales Ratio of 4.47, Dividend Yield of 0.0089 or PTB Ratio of 7.44. American financial statements analysis is a perfect complement when working with American Express Valuation or Volatility modules.
  
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.

American Express Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding956.7 M713 M944 M
Slightly volatile
Total Assets172.9 B271.5 B184.4 B
Slightly volatile
Short and Long Term Debt Total1.3 B1.4 B46.9 B
Slightly volatile
Total Current Liabilities162.4 B154.7 B42.9 B
Slightly volatile
Total Stockholder Equity16.6 B30.3 B20.9 B
Slightly volatile
Property Plant And Equipment Net3.7 B5.4 B4.4 B
Slightly volatile
Retained Earnings23.3 B22.1 B12.5 B
Slightly volatile
Cash81.5 B77.6 B32.6 B
Slightly volatile
Non Current Assets Total5.1 B5.4 B26.4 B
Pretty Stable
Cash And Short Term Investments81.8 B77.9 B37.4 B
Slightly volatile
Liabilities And Stockholders Equity172.9 B271.5 B184.4 B
Slightly volatile
Non Current Liabilities Total46.9 B86.5 B70.2 B
Slightly volatile
Other Stockholder Equity9.3 B11.4 B11.2 B
Pretty Stable
Total Liabilities156.3 B241.2 B163.5 B
Slightly volatile
Property Plant And Equipment Gross17.8 B16.9 B7.7 B
Slightly volatile
Total Current Assets144 B137.1 B66.2 B
Slightly volatile
Short Term Debt1.3 B1.4 B4.1 B
Slightly volatile
Net Receivables37.1 B59.2 B45.3 B
Pretty Stable
Common Stock Total Equity173.6 M134.1 M183.7 M
Slightly volatile
Other Liabilities19.3 B30.7 B20.9 B
Slightly volatile
Accounts Payable10.2 B13.9 B11.8 B
Pretty Stable
Long Term Debt45.8 B49.7 B48.3 B
Very volatile
Intangible Assets116.8 M123 M492.6 M
Slightly volatile
Property Plant EquipmentBB4.4 B
Slightly volatile
Good Will3.1 B4.2 B3.2 B
Slightly volatile
Net Tangible Assets21.8 B28.4 B20.8 B
Slightly volatile
Long Term Debt Total42.5 B38.7 B50.9 B
Slightly volatile
Capital Surpluse9.8 B10.3 B11.9 B
Slightly volatile
Non Current Liabilities Other27 B43 B26.7 B
Slightly volatile
Long Term Investments1.2 B1.2 B32.2 B
Slightly volatile
Short and Long Term Debt1.3 B1.4 B24.8 B
Slightly volatile
Current Deferred Revenue102.9 B139.4 B79.1 B
Slightly volatile
Capital Lease Obligations2.6 M2.7 M17.3 M
Slightly volatile
Cash And Equivalents27.9 B39.1 B25.2 B
Slightly volatile
Net Invested Capital56 B81.4 B72.3 B
Slightly volatile
Capital Stock123.7 M141 M160.4 M
Slightly volatile

American Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Operating Income38 B36.2 B12.5 B
Slightly volatile
EBITDA38 B36.2 B13.1 B
Slightly volatile
Net Income10.6 B10.1 BB
Slightly volatile
Depreciation And Amortization1.8 B1.9 B15.3 B
Slightly volatile
Selling General Administrative5.9 B8.3 B6.3 B
Pretty Stable
Selling And Marketing Expenses5.1 BB6.5 B
Pretty Stable
Total Revenue30.8 B50.4 B37.4 B
Slightly volatile
Gross Profit26.8 B42.2 B28.9 B
Slightly volatile
Income Before Tax13.5 B12.9 B8.3 B
Slightly volatile
Cost Of Revenue15.7 B8.2 B17.3 B
Slightly volatile
Net Income Applicable To Common Shares4.7 B8.5 B5.6 B
Slightly volatile
Net Income From Continuing Ops6.5 B10.1 BB
Slightly volatile
Tax Provision1.9 B2.8 B2.5 B
Slightly volatile
Net Interest Income10.1 B15.5 BB
Slightly volatile
Interest Income14 B23.8 B10.8 B
Slightly volatile
Reconciled Depreciation1.6 B1.7 B1.4 B
Slightly volatile

American Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow7.6 B12.1 B10 B
Slightly volatile
Begin Period Cash Flow48.9 B46.6 B27.1 B
Slightly volatile
Depreciation928.9 M1.7 B1.2 B
Slightly volatile
Capital Expenditures1.1 B1.9 B1.3 B
Slightly volatile
Total Cash From Operating Activities8.7 B14.1 B11.3 B
Slightly volatile
Net Income10.6 B10.1 BB
Slightly volatile
End Period Cash Flow42.7 B40.6 B28 B
Slightly volatile
Stock Based Compensation334.3 M504 M319.6 M
Slightly volatile
Issuance Of Capital Stock95 M100 M177.5 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.474.25692.5447
Slightly volatile
Dividend Yield0.00890.00930.0143
Slightly volatile
PTB Ratio7.447.09014.5044
Slightly volatile
Days Sales Outstanding424429439
Slightly volatile
Book Value Per Share43.9541.859925.3846
Slightly volatile
Free Cash Flow Yield0.05370.05660.1228
Slightly volatile
Operating Cash Flow Per Share20.4119.433413.6861
Slightly volatile
Stock Based Compensation To Revenue0.00940.010.0085
Slightly volatile
Capex To Depreciation0.821.14021.1923
Slightly volatile
PB Ratio7.447.09014.5044
Slightly volatile
EV To Sales2.612.74383.0731
Slightly volatile
Free Cash Flow Per Share17.6316.790112.0531
Slightly volatile
Inventory Turnover0.680.710.7986
Slightly volatile
Net Income Per Share14.7114.017.1158
Slightly volatile
Days Of Inventory On Hand502528811
Slightly volatile
Payables Turnover0.980.59051.0676
Slightly volatile
Sales General And Administrative To Revenue0.160.16390.1849
Slightly volatile
Capex To Revenue0.03840.03790.0376
Slightly volatile
Cash Per Share11310842.3413
Slightly volatile
POCF Ratio16.0415.27229.0718
Slightly volatile
Interest Coverage2.684.38294.1369
Very volatile
Payout Ratio0.360.19740.2492
Pretty Stable
Capex To Operating Cash Flow0.190.1360.1346
Very volatile
PFCF Ratio12.4417.676410.218
Slightly volatile
Days Payables Outstanding373618374
Slightly volatile
Income Quality2.681.38712.3085
Pretty Stable
ROE0.180.33470.2588
Pretty Stable
EV To Operating Cash Flow16.649.843611.3013
Very volatile
PE Ratio13.8821.184217.0338
Pretty Stable
Return On Tangible Assets0.03980.03790.0316
Slightly volatile
EV To Free Cash Flow17.5211.393213.0843
Very volatile
Earnings Yield0.07280.04720.0641
Slightly volatile
Intangibles To Total Assets0.02350.01590.021
Slightly volatile
Current Ratio1.50.88642.9579
Pretty Stable
Tangible Book Value Per Share37.6935.898521.1305
Slightly volatile
Receivables Turnover0.810.85091.7208
Pretty Stable
Graham Number12111563.3803
Slightly volatile
Shareholders Equity Per Share43.9541.859925.3846
Slightly volatile
Debt To Equity0.04310.04542.4614
Slightly volatile
Capex Per Share2.782.64321.633
Slightly volatile
Average Receivables881.4 MB1.1 B
Slightly volatile
Revenue Per Share73.2169.719445.4665
Slightly volatile
Interest Debt Per Share12.6513.314354.8052
Pretty Stable
Debt To Assets0.00480.00510.2692
Slightly volatile
Enterprise Value Over EBITDA3.633.823910.985
Slightly volatile
Short Term Coverage Ratios10.7410.22565.3608
Slightly volatile
Price Earnings Ratio13.8821.184217.0338
Pretty Stable
Operating Cycle509429914
Pretty Stable
Price Book Value Ratio7.447.09014.5044
Slightly volatile
Days Of Payables Outstanding373618374
Slightly volatile
Dividend Payout Ratio0.360.19740.2492
Pretty Stable
Price To Operating Cash Flows Ratio16.0415.27229.0718
Slightly volatile
Price To Free Cash Flows Ratio12.4417.676410.218
Slightly volatile
Pretax Profit Margin0.140.25580.2045
Pretty Stable
Ebt Per Ebit0.340.35650.7008
Very volatile
Operating Profit Margin0.750.71750.3467
Very volatile
Effective Tax Rate0.310.21450.2893
Pretty Stable
Company Equity Multiplier12.98.96989.6505
Pretty Stable
Long Term Debt To Capitalization0.50.570.682
Slightly volatile
Total Debt To Capitalization0.04130.04340.6389
Slightly volatile
Return On Capital Employed0.330.30970.099
Slightly volatile
Debt Equity Ratio0.04310.04542.4614
Slightly volatile
Ebit Per Revenue0.750.71750.3467
Very volatile
Dividend Paid And Capex Coverage Ratio3.443.59344.3303
Very volatile
Net Income Per E B T0.570.78550.7036
Pretty Stable
Cash Ratio0.980.5022.3278
Very volatile
Operating Cash Flow Sales Ratio0.220.27870.2989
Pretty Stable
Days Of Inventory Outstanding502528811
Slightly volatile
Days Of Sales Outstanding424429439
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.660.8640.856
Pretty Stable
Cash Flow Coverage Ratios10.7410.22561.5032
Slightly volatile
Price To Book Ratio7.447.09014.5044
Slightly volatile
Fixed Asset Turnover6.799.38488.3866
Slightly volatile
Capital Expenditure Coverage Ratio6.47.35228.2298
Pretty Stable
Price Cash Flow Ratio16.0415.27229.0718
Slightly volatile
Enterprise Value Multiple3.633.823910.985
Slightly volatile
Debt Ratio0.00480.00510.2692
Slightly volatile
Cash Flow To Debt Ratio10.7410.22561.5032
Slightly volatile
Price Sales Ratio4.474.25692.5447
Slightly volatile
Return On Assets0.03920.03730.0309
Slightly volatile
Asset Turnover0.140.18570.1985
Pretty Stable
Net Profit Margin0.210.20090.1513
Slightly volatile
Gross Profit Margin0.530.83740.6696
Slightly volatile
Price Fair Value7.447.09014.5044
Slightly volatile
Return On Equity0.180.33470.2588
Pretty Stable

American Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap202.8 B193.1 B199.8 B
Slightly volatile
Enterprise Value130.7 B124.5 B130.6 B
Slightly volatile

American Fundamental Market Drivers

Forward Price Earnings15.2439
Cash And Short Term Investments77.9 B

American Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
24th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About American Express Financial Statements

American Express shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although American Express investors may analyze each financial statement separately, they are all interrelated. The changes in American Express' assets and liabilities, for example, are also reflected in the revenues and expenses on on American Express' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue139.4 B102.9 B
Total Revenue50.4 B30.8 B
Cost Of Revenue8.2 B15.7 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.16  0.16 
Capex To Revenue 0.04  0.04 
Revenue Per Share 69.72  73.21 
Ebit Per Revenue 0.72  0.75 

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 against American Stock

  0.72TW Tradeweb MarketsPairCorr
  0.7DMYY dMY Squared TechnologyPairCorr
  0.67DB Deutsche Bank AGPairCorr
  0.64LU Lufax HoldingPairCorr
  0.62LX Lexinfintech HoldingsPairCorr
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

Additional Tools for American Stock Analysis

When running American Express' price analysis, check to measure American Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.