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Updated: Jul 4, 2026
AXP Logo

American Express

NYSE:AXP·Stock Analysis Report
Day Range
$346.62 - $352.49
Market Cap
240.04B
P/E Ratio
21.7228
Avg Value
$339.96
Year Range
$292.43 - $387.49
$348.99$2.28 (0.66%)
1
General Information
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products.

The company also operates a highly profitable merchant payment network. It operates in four segments: US consumer services, US commercial services, international card services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

2
American Express (AXP) Stock Graph
3
How We Grade American Express (AXP)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade American Express (AXP) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

57.91

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

85.19

Quality is a composite ranking that evaluates a company's operational efficiency and financial health by analyzing historical profitability metrics and fundamental strength indicators on a percentile basis relative to peers.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how American Express compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
COFCapital One Financial
N/A
60.67
91.59
45.08
SYFSynchrony Financial
N/A
60.35
47.40
50.54
SOFISoFi Technologies
N/A
N/A
98.49
19.29
KSPIKaspi.kz
87.56
N/A
93.46
56.50
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 13 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $285.00 - $415.00 with an average of $352.40

0.17%
Expected movement for American Express (AXP) over the next 12 months
Based on these rankings

Recent Ratings for American Express (AXP)

BTIG
Date:
Jun 30, 2026
Action:
Maintains
Prev. Target:
$285.00
New Target:
$324.00
Truist Securities
Date:
Jun 24, 2026
Action:
Maintains
Prev. Target:
$360.00
New Target:
$375.00
BTIG
Date:
Jun 16, 2026
Action:
Reiterates
Prev. Target:
$285.00
New Target:
$285.00
Evercore ISI Group
Date:
Apr 29, 2026
Action:
Maintains
Prev. Target:
$330.00
New Target:
$345.00
Goldman Sachs
Date:
Apr 28, 2026
Action:
Maintains
Prev. Target:
$360.00
New Target:
$400.00
Barclays
Date:
Apr 24, 2026
Action:
Maintains
Prev. Target:
$323.00
New Target:
$322.00
B of A Securities
Date:
Apr 24, 2026
Action:
Maintains
Prev. Target:
$381.00
New Target:
$387.00
BTIG
Date:
Apr 24, 2026
Action:
Reiterates
Prev. Target:
$285.00
New Target:
$285.00
Morgan Stanley
Date:
Apr 16, 2026
Action:
Maintains
Prev. Target:
$395.00
New Target:
$385.00
7
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, AXP's earnings have increased for the past three years, this is a positive sign for the stock.
8
Dividend
There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in American Express (AXP) dividend yield on an annual basis.

26.22%
American Express (AXP) saw a increase in its dividend yield since 2021
9
Past Performance
How has American Express (AXP) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

American Express (AXP) sharpe ratio over the past 5 years is 1.3703 which is considered to be above average compared to the peer average of 0.1140

10
Analyzing American Express (AXP) Recent Options Activity
Below, you can see the trend in options sentiment over the past 30 days.

Based on our data, AXP's options trades have recently carried more negative sentiment than positive.

11
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is AXP's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Revenue
52.56
60.36
65.95
72.23
74.17
Operating Revenue
52.56
60.36
65.95
72.23
74.17
Cost Of Revenue
Gross Profit
Operating Expense
Selling General And Administration
12.71
13.28
14.24
15.27
15.62
Research and Development
Operating Income
Net Non-Operating Interest Income Expense
Other Income Expense
Other Non-Operating Income Expenses
Pre-Tax Income
9.59
10.51
12.90
13.79
14.24
Tax Provision
2.07
2.14
2.77
2.96
3.02
Net Income
7.51
8.37
10.13
10.83
11.22
Net Income Common Stockholders
7.40
8.25
9.99
10.70
11.09
Total Operating Income As Reported
Total Expenses
Net Income From Continuing And Discontinued Operation
7.51
8.37
10.13
10.83
11.22
Normalized Income
7.51
8.37
9.80
10.91
11.30
Interest Income
12.66
19.98
23.80
25.60
26.13
Interest Expense
2.76
6.85
8.25
8.23
8.24
Net Interest Income
9.89
13.13
15.54
17.36
17.89
EBIT
EBITDA
Reconciled Cost Of Revenue
Reconciled Depreciation
1.63
1.65
1.68
1.78
1.81
Normalized EBITDA
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.21
Tax Effect Of Unusual Items
0.00
0.00
0.08
-0.02
-0.02
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Assets
228.35
261.11
271.46
300.05
308.89
Current Assets
Total Non-Current Assets
Total Liabilities Net Minority Interest
203.64
233.05
241.20
266.58
274.90
Current Liabilities
Other Non-Current Liabilities
Total Equity Gross Minority Interest
24.71
28.06
30.26
33.47
34.00
Stockholders Equity
Total Capitalization
67.28
75.92
79.98
89.86
92.75
Common Stock Equity
24.71
28.06
30.26
33.47
34.00
Net Tangible Assets
20.78
24.11
25.95
28.51
34.00
Working Capital
Invested Capital
68.63
77.22
81.35
91.23
94.44
Tangible Book Value
20.78
24.11
25.95
28.51
34.00
Total Debt
43.92
49.16
51.09
57.76
60.44
Net Debt
10.38
2.63
10.54
10.05
6.80
Share Issued
0.74
0.72
0.70
0.69
0.68
Ordinary Shares Number
0.74
0.72
0.70
0.69
0.68
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
21.08
18.56
14.05
18.43
17.47
Net Income from Continuing Operations
7.51
8.37
10.13
10.83
11.22
Depreciation and Amortization
1.63
1.65
1.68
1.78
1.81
Deferred Tax
-1.19
-1.33
-0.99
-0.54
-0.38
Deferred Income Tax
-1.19
-1.33
-0.99
-0.54
-0.38
Stock-Based Compensation
0.38
0.45
0.50
0.55
0.60
Other Non-Cash Items
0.36
0.67
-0.56
-0.31
-0.85
Change in Working Capital
10.21
3.82
-1.89
0.86
-0.29
Change in Receivables
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
8.81
5.06
-2.90
3.65
3.89
Change in Payable
8.81
5.06
-2.90
3.65
3.89
Change in Account Payable
8.81
5.06
-2.90
3.65
3.89
Change in Other Current Assets
1.39
-1.24
1.01
-2.78
-4.18
Change in Other Current Liabilities
Change in Other Working Capital
Cash Flow from Continuing Investing Activities
-33.69
-24.43
-24.40
-22.89
-26.21
Net PPE Purchase and Sale
-1.85
-1.56
-1.91
-2.42
-3.14
Net Business Purchase and Sale
-0.06
0.14
Purchase of Business
Net Investment Purchase and Sale
-2.26
2.32
0.63
-0.26
-2.04
Purchase of Investment
-4.17
-1.57
-1.59
-1.76
-3.50
Sale of Investment
1.92
3.89
2.22
1.50
1.46
Net Other Investing Changes
Financing Cash Flow
24.51
18.38
4.44
11.21
9.54
Cash Flow from Continuing Financing Activities
24.51
18.38
4.44
11.21
9.54
Net Issuance Payments of Debt
3.62
4.87
2.05
6.19
6.92
Net Long-Term Debt Issuance
4.32
4.97
1.84
6.22
6.96
Long-Term Debt Issuance
23.23
15.67
12.60
24.38
23.11
Long-Term Debt Payments
-18.91
-10.70
-10.76
-18.16
-16.15
Net Short-Term Debt Issuance
-0.71
-0.10
0.21
-0.03
-0.05
Net Common Stock Issuance
-3.45
-3.62
-5.92
-5.76
-6.47
Common Stock Issuance
0.06
0.03
0.10
0.06
0.04
Common Stock Payments
-3.50
-3.65
-6.02
-5.81
-6.52
Cash Dividends Paid
-1.56
-1.78
-2.00
-2.27
-2.35
Net Other Financing Charges
End Cash Position
119.05
174.30
195.67
212.94
214.19
Changes in Cash
11.90
12.50
-5.92
6.75
0.80
Beginning Cash Position
107.17
161.62
201.62
205.79
212.94
Capital Expenditure
-1.85
-1.56
-1.91
-2.42
-3.14
Issuance of Capital Stock
0.06
0.03
0.10
0.06
0.04
Issuance of Debt
23.23
15.67
12.60
24.38
23.09
Repayment of Debt
-18.91
-10.70
-10.76
-18.16
-16.15
Repurchase of Capital Stock
-3.50
-3.65
-6.02
-5.81
-6.52
Free Cash Flow
19.22
17.00
12.14
16.00
14.32