COMPOSITE RISK SCORE
56
MODERATE
VAL:13/25 · FIN:20/25 · GRO:15/25 · TECH:8/25
📖 P/B RATIO
6.5x
Price to Book
🏛 MARKET CAP
$217.2B
Large Cap
📊 ROE
34.4%
Return on Equity
Overview
Technical
Financials
Analysis
Verdict
🏢 Company Analysis · American Express Company
💼 BUSINESS MODEL
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally.. It operates through four segments: U.S.. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending.. Operates in Credit Services within the Financial Services sector. Workforce of 76,800 employees.
🏰 MOAT & COMPETITION
Mega-cap ($217B) — dominant market position with significant scale advantages. ROE of 34.4% indicates strong competitive advantage and efficient capital deployment. Profit margin of 16.3% — moderate pricing power.
🚀 CATALYSTS
Berkshire’s Domino’s Holding Is Another Loser Among Its Smaller Stock Investments (Barrons.com) One Growth Stock Every Investor Should Own Right Now -- No Debate (Motley Fool)
⚖️ ASYMMETRY CHECK
Analyst target range: $285 — $450 (mean $362, 22 analysts). Favorable asymmetry — upside potential of +41% vs downside floor of -10% (3.9x reward-to-risk).P/E of 19.9x — fair value territory; catalysts needed for re-rating.
🔭 FUTURE OUTLOOK
Analyst consensus: Buy (22 analysts). Latest quarter earnings grew 15% YoY — positive trajectory.
P/E at 20x
P/B at 6.5x
Analyst target: $361.80 (+13.6%)
1Y return: +21.4%
ROE: 34.4%
Profit margin: 16.3%
Revenue growth: 11.6%
Debt/Equity: 178%
Revenue growth: 11.6%
Earnings growth: 17.6%
Beta: 1.13
Sector: Financial Services
RSI, MACD, MA crossovers
200 DMA & 50 EMA position
Volume trend analysis
Price momentum signals
📈 Price Movement
1D 1W 1M
6M 1Y 3Y 5Y
🕯 Candlestick Chart
1D 1W 1M
6M 1Y 3Y 5Y
🎯 Price Prediction · Analyst Target Cone
📉 Valuation Trends (at current CMP)
P/E P/B MCap/Sales EPS
37.1
32.3
27.4
22.5
17.6
2022
2023
2024
2025
2022: 32.3 2023: 28.4 2024: 22.7 2025: 20.7 20.7
10.1
9.0
7.8
6.7
5.5
2022
2023
2024
2025
2022: 8.8 2023: 7.7 2024: 7.2 2025: 6.5 6.5
4.7
4.2
3.6
3.1
2.6
2022
2023
2024
2025
2022: 4.1 2023: 3.6 2024: 3.3 2025: 3.0 3.0
17.7
15.4
13.0
10.7
8.4
2022
2023
2024
2025
2022: 9.8 2023: 11.2 2024: 14.0 2025: 15.4 15.4
💎 Valuation & Financial Metrics
P/E RATIO
19.9x
Trailing twelve months
P/B RATIO
6.5x
Price to Book value
PROFIT MARGIN
16.3%
Net profit margin
OPM
21.5%
Operating profit margin
ANALYST TARGET
$361.80
Range: $285.00 - $450.00
PEG RATIO
1.56
Price/Earnings to Growth
EV/EBITDA
N/A
Enterprise value ratio
CURRENT RATIO
1.57
Liquidity measure
DIVIDEND YIELD
1.19%
Annual yield
GROSS MARGIN
62.8%
Gross profit margin
SECTOR BENCHMARKS — CREDIT SERVICES
P/E (fair) 22.0x (sector mid)
P/B (fair) 3.0x (sector mid)
ROE (good) 18% (sector target)
OPM (good) 30% (sector target)
D/E comfort <200 (sector)
📋 Quarterly Performance Trend
Quarter Revenue QoQ % Net Profit QoQ % Op. Cash Flow EBITDA Margin
Q3 '24
N/A —
N/A —
N/A
N/A
Q4 '24
N/A —
N/A —
N/A
N/A
Q1 '25
$17.0B —
$2.6B —
$4.8B
N/A
Q2 '25
$17.9B +5.2%
$2.9B +11.6%
$4.4B
N/A
Q3 '25
$18.4B +3.2%
$2.9B +0.6%
$6.2B
N/A
Q4 '25
$19.0B +3.0%
$2.5B -15.2%
$3.1B
N/A
Q1 '26
$18.9B -0.4%
$3.0B +20.7%
$3.8B
N/A
📊 Year-on-Year Trend
FY Revenue YoY % Net Profit YoY % Op. Cash Flow YoY %
2021
N/A —
N/A —
N/A —
2022
$52.9B —
$7.5B —
$21.1B —
2023
$60.5B +14.5%
$8.4B +11.4%
$18.6B -12.0%
2024
$65.9B +9.0%
$10.1B +21.0%
$14.1B -24.3%
2025
$72.2B +9.5%
$10.8B +7.0%
$18.4B +31.2%
📈 Revenue vs Earnings
Quarterly
Annual
💰 How American Express Company Makes Its Money
Quarterly
Annual
Revenue
$18.9B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$4.0B
Operating Inc.
$0.0M
Tax
$807M
Interest
$2.0B
Net Income
$3.0B
(15.7% margin)
Mar 2026 · All values in $ Millions
Revenue
$19.0B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$4.1B
Operating Inc.
$0.0M
Tax
$628M
Interest
$2.1B
Net Income
$2.5B
(13.0% margin)
Dec 2025 · All values in $ Millions
Revenue
$18.4B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$3.8B
Operating Inc.
$0.0M
Tax
$923M
Interest
$2.1B
Net Income
$2.9B
(15.7% margin)
Sep 2025 · All values in $ Millions
Revenue
$17.9B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$3.7B
Operating Inc.
$0.0M
Tax
$665M
Interest
$2.1B
Net Income
$2.9B
(16.2% margin)
Jun 2025 · All values in $ Millions
Revenue
$72.2B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$15.3B
Operating Inc.
$0.0M
Tax
$3.0B
Interest
$8.2B
Net Income
$10.8B
(15.0% margin)
Dec 2025 · All values in $ Millions
Revenue
$65.9B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$14.2B
Operating Inc.
$0.0M
Tax
$2.8B
Interest
$8.3B
Net Income
$10.1B
(15.4% margin)
Dec 2024 · All values in $ Millions
Revenue
$60.5B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$13.3B
Operating Inc.
$0.0M
Tax
$2.1B
Interest
$6.8B
Net Income
$8.4B
(13.8% margin)
Dec 2023 · All values in $ Millions
Revenue
$52.9B
Cost of Revenue
$0.0M
Gross Profit
$0.0M
SG&A
$12.7B
Operating Inc.
$0.0M
Tax
$2.1B
Interest
$2.8B
Net Income
$7.5B
(14.2% margin)
Dec 2022 · All values in $ Millions
Mar 2026
Dec 2025
Sep 2025
Jun 2025
🏦 Snapshot of American Express Company's Balance Sheet
Quarterly
Annual
Total Assets
$308.9B
Cash & Equiv.: $53.6B (17.4%)
PP&E: $7.2B (2.3%)
Other Non-Curr.: $301.7B (97.7%)
Liab. + Equity
$308.9B
Long-Term Debt: $58.8B (19.0%)
Other Liab.: $216.1B (70.0%)
Equity: $34.0B (11.0%)
As of Mar 2026 · All values in $ Millions
Total Assets
$300.1B
Cash & Equiv.: $47.7B (15.9%)
PP&E: $7.1B (2.4%)
Goodwill: $4.9B (1.6%)
Other Non-Curr.: $288.0B (96.0%)
Liab. + Equity
$300.1B
Long-Term Debt: $56.4B (18.8%)
Other Liab.: $210.2B (70.1%)
Equity: $33.5B (11.2%)
As of Dec 2025 · All values in $ Millions
Total Assets
$297.6B
Cash & Equiv.: $53.5B (18.0%)
PP&E: $5.9B (2.0%)
Other Non-Curr.: $291.7B (98.0%)
Liab. + Equity
$297.6B
Long-Term Debt: $57.8B (19.4%)
Other Liab.: $207.3B (69.7%)
Equity: $32.4B (10.9%)
As of Sep 2025 · All values in $ Millions
Total Assets
$295.6B
Cash & Equiv.: $57.8B (19.6%)
PP&E: $5.7B (1.9%)
Other Non-Curr.: $289.9B (98.1%)
Liab. + Equity
$295.6B
Long-Term Debt: $58.2B (19.7%)
Other Liab.: $205.0B (69.4%)
Equity: $32.3B (10.9%)
As of Jun 2025 · All values in $ Millions
Total Assets
$300.1B
Cash & Equiv.: $47.7B (15.9%)
PP&E: $7.1B (2.4%)
Goodwill: $4.9B (1.6%)
Other Non-Curr.: $288.0B (96.0%)
Liab. + Equity
$300.1B
Long-Term Debt: $56.4B (18.8%)
Other Liab.: $210.2B (70.1%)
Equity: $33.5B (11.2%)
As of Dec 2025 · All values in $ Millions
Total Assets
$271.5B
Cash & Equiv.: $40.6B (14.9%)
PP&E: $6.2B (2.3%)
Goodwill: $4.2B (1.5%)
Other Non-Curr.: $261.0B (96.1%)
Liab. + Equity
$271.5B
Long-Term Debt: $49.7B (18.3%)
Other Liab.: $191.5B (70.5%)
Equity: $30.3B (11.1%)
As of Dec 2024 · All values in $ Millions
Total Assets
$261.1B
Cash & Equiv.: $46.5B (17.8%)
PP&E: $5.9B (2.3%)
Goodwill: $3.9B (1.5%)
Other Non-Curr.: $251.3B (96.2%)
Liab. + Equity
$261.1B
Long-Term Debt: $47.9B (18.3%)
Other Liab.: $185.2B (70.9%)
Equity: $28.1B (10.7%)
As of Dec 2023 · All values in $ Millions
Total Assets
$228.4B
Cash & Equiv.: $33.5B (14.7%)
PP&E: $5.2B (2.3%)
Goodwill: $3.8B (1.7%)
Other Non-Curr.: $219.2B (96.0%)
Liab. + Equity
$228.4B
Long-Term Debt: $42.6B (18.6%)
Other Liab.: $161.1B (70.5%)
Equity: $24.7B (10.8%)
As of Dec 2022 · All values in $ Millions
Mar 2026
Dec 2025
Sep 2025
Jun 2025
💸 Looking into American Express Company's Cash Flow
Quarterly
Annual
Operating CF
$3.8B
Capital Exp.
$1.1B
Free Cash Flow
$2.7B
Dividends
$583M
Buybacks
$1.9B
Debt Repaid
$1.5B
FY2026 · All values in $ Millions
Operating CF
$3.1B
Capital Exp.
$721M
Free Cash Flow
$2.3B
Dividends
$583M
Buybacks
$899M
Debt Repaid
$3.3B
FY2025 · All values in $ Millions
Operating CF
$6.2B
Capital Exp.
$655M
Free Cash Flow
$5.6B
Dividends
$586M
Buybacks
$2.4B
Debt Repaid
$7.0B
FY2025 · All values in $ Millions
Operating CF
$4.4B
Capital Exp.
$619M
Free Cash Flow
$3.7B
Dividends
$593M
Buybacks
$1.4B
Debt Repaid
$4.4B
FY2025 · All values in $ Millions
Operating CF
$18.4B
Capital Exp.
$2.4B
Free Cash Flow
$16.0B
Dividends
$2.3B
Buybacks
$5.8B
Debt Repaid
$18.2B
FY2025 · All values in $ Millions
Operating CF
$14.1B
Capital Exp.
$1.9B
Free Cash Flow
$12.1B
Dividends
$2.0B
Buybacks
$6.0B
Debt Repaid
$10.8B
FY2024 · All values in $ Millions
Operating CF
$18.6B
Capital Exp.
$1.6B
Free Cash Flow
$17.0B
Dividends
$1.8B
Buybacks
$3.6B
Debt Repaid
$10.7B
Retained / Other
$863M
FY2023 · All values in $ Millions
Operating CF
$21.1B
Capital Exp.
$1.9B
Free Cash Flow
$19.2B
Dividends
$1.6B
Buybacks
$3.5B
Debt Repaid
$18.9B
FY2022 · All values in $ Millions
FY2026
FY2025
FY2025
FY2025
🎯 EPS: Estimate vs Actual
Estimates
Quarterly
Annual
📅 Quarterly Results
Item Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Total Revenue $18.91B $18.98B $18.43B $17.86B $16.97B — — Interest Expense $1.97B $2.06B $2.13B $2.08B $1.97B — — Pretax Income $3.78B $3.09B $3.83B $3.55B $3.33B — — Tax Provision $807.0M $628.0M $923.0M $665.0M $746.0M — — Net Income $2.97B $2.46B $2.90B $2.88B $2.58B — — EPS (Basic) $4.29 $3.53 $4.14 $4.08 $3.64 — — EPS (Diluted) $4.28 $3.53 $4.14 $4.08 $3.64 — — Shares Outstanding 686.0M 688.0M 693.0M 699.0M 702.0M — —
📊 Profit & Loss Statement
Item Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Total Revenue $72.23B $65.95B $60.52B $52.86B — Interest Expense $8.23B $8.25B $6.85B $2.76B — Pretax Income $13.79B $12.89B $10.51B $9.59B — Tax Provision $2.96B $2.77B $2.14B $2.07B — Net Income $10.83B $10.13B $8.37B $7.51B — EPS (Basic) $15.41 $14.04 $11.23 $9.86 — EPS (Diluted) $15.38 $14.01 $11.21 $9.85 — Shares Outstanding 696.0M 713.0M 736.0M 752.0M —
🏦 Balance Sheet
Item Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Total Assets $300.05B $271.46B $261.11B $228.35B — Cash & Equivalents $47.71B $40.55B $46.53B $33.54B — Accounts Receivable — — — — $2.70B Property Plant & Equip $7.12B $6.17B $5.91B $5.21B — Goodwill $4.87B $4.19B $3.85B $3.79B — Intangible Assets $4.96B $4.31B $3.95B $3.93B — Total Liabilities $266.58B $241.20B $233.05B $203.64B — Accounts Payable $14.70B $13.88B $13.11B $12.13B — Short-Term Debt $1.37B $1.37B $1.29B $1.35B — Long-Term Debt $56.39B $49.72B $47.87B $42.57B — Total Equity $33.47B $30.26B $28.06B $24.71B — Retained Earnings $25.49B $22.15B $19.61B $16.28B — Book Value/Share 28.51B 25.95B 24.11B 20.78B —
💰 Cash Flow Statement
Item Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Operating Cash Flow $18.43B $14.05B $18.56B $21.08B — Depreciation & Amort. $1.78B $1.68B $1.65B $1.63B — Change in Working Cap $864.0M $-1.89B $3.82B $10.21B — Capital Expenditure $-2.42B $-1.91B $-1.56B $-1.85B — Free Cash Flow $16.00B $12.14B $17.00B $19.22B — Investing Cash Flow $-22.89B $-24.40B $-24.43B $-33.69B — Acquisitions $-633.0M $-454.0M $-64.0M $-15.0M — Financing Cash Flow $11.21B $4.44B $18.38B $24.51B — Debt Issued $24.38B $12.60B $15.67B $23.23B — Debt Repaid $-18.16B $-10.76B $-10.70B $-18.91B — Dividends Paid $-2.27B $-2.00B $-1.78B $-1.56B — Share Buyback $-5.81B $-6.02B $-3.65B $-3.50B — Net Change in Cash $6.75B $-5.92B $12.51B $11.90B —
📈 Key Financial Ratios
Ratio FY2025 FY2024 FY2023 FY2022 FY2021 Net Margin % 15.0% 15.4% 13.8% 14.2% — ROE % 32.4% 33.5% 29.8% 30.4% — ROA % 3.6% 3.7% 3.2% 3.3% — Debt/Equity % 172.5% 168.8% 175.2% 177.7% — FCF Margin % 22.2% 18.4% 28.1% 36.4% — Asset Turnover 0.24 0.24 0.23 0.23 —
🚀 Compounded Growth Rates
Revenue
1-Year +9.5% 3-Year CAGR +9.3%
Net Profit
1-Year +7.0% 3-Year CAGR +13.7%
EPS
1-Year +9.8% 3-Year CAGR +17.1%
🏭 Industry Peers — Credit Services
Ticker Company Price P/E P/B MCap ROE Margin Rev Growth JPM JP Morgan Chase & Co. $313.05 15.0 2.4 $838.8B 16.5% 33.9% 12.7% BAC Bank of America Corporation $52.94 13.2 1.4 $377.4B 10.6% 29.0% 11.8% WFC Wells Fargo & Company $81.94 12.7 1.5 $251.1B 12.0% 26.7% 5.7% GS Goldman Sachs Group, Inc. (The $930.00 17.0 2.6 $276.0B 14.6% 29.4% 14.5% MS Morgan Stanley $189.51 17.2 2.9 $300.9B — 24.8% 16.3% C Citigroup, Inc. $128.72 15.9 1.1 $225.2B 7.6% 20.4% 16.9% BLK BlackRock, Inc. $1,053.40 26.5 2.9 $163.7B — 24.4% 27.0% SCHW Charles Schwab Corporation (Th $90.74 18.0 3.2 $159.0B 19.1% 38.0% 15.8%
Peers selected from Financial Services sector · Data from Yahoo Finance
🏛 Shareholding Pattern
TOP HOLDERS
Holder Type Shares % Held Berkshire Hathaway, Inc Inst 151,610,700 22.22% Vanguard Group Inc Inst 46,109,777 6.76% Blackrock Inc. Inst 42,342,836 6.21% State Street Corporation Inst 29,464,868 4.32% JPMORGAN CHASE & CO Inst 21,032,958 3.08% VANGUARD INDEX FUNDS-Vanguard Total MF 15,154,099 2.22% VANGUARD INDEX FUNDS-Vanguard 500 I MF 13,548,989 1.99% Fidelity Concord Street Trust-Fidel MF 6,837,868 1.00%
🟢 CATALYSTS
🏆 Positive Revenue Growth: Revenue growing at 11.6% YoY.
💹 High ROE (34.4%): Above sector norm of 18% — efficient capital use.
🔀 Analyst Upside (14%): Mean target of $361.80 above current price.
🇺 Earnings Growth (18%): Above sector norm — strong profit expansion.
🔴 RISKS
📜 Market Risk: Broader market correction or sentiment shift could impact stock.
💰 Sector Risk: Regulatory or competitive changes in Financial Services space.
🔓 Execution Risk: Growth may not meet elevated expectations.
🕸 Factor Analysis · Radar
Momentum 3/10: 1M +7.4%, 6M -11.3%, RSI 51, MACD bearish, Below 200DMA Sentiment 7/10: Analyst upside +13.6%, Rec: buy Value 6/10: P/E 19.9, P/B 6.5, PEG 1.56 Quality 7/10: ROE 34.4%, Margin 16.3%, D/E 178, CR 1.57 Low Volatility 5/10: Beta 1.13, Ann. vol 27% Momentum
3
Sentiment
7
Value
6
Quality
7
Low Vol
5
Momentum 3/10 1M +7.4%, 6M -11.3%, RSI 51, MACD bearish, Below 200DMA
Sentiment 7/10 Analyst upside +13.6%, Rec: buy
Value 6/10 P/E 19.9, P/B 6.5, PEG 1.56
Quality 7/10 ROE 34.4%, Margin 16.3%, D/E 178, CR 1.57
Low Volatility 5/10 Beta 1.13, Ann. vol 27%
🎯 Decision Matrix — Game Theory
Action If Stock Rises If Stock Falls
BUY Capture 13.6% analyst upside OPM of 22% provides margin buffer HOLD Retain existing position; wait for better entry Miss further upside if momentum continues; 1M return of +7.4% shows momentum SELL Lock in +21.4% 1Y return Avoid further drawdown
REASONS TO BUY
Analyst upside of 13.6% with mean target of $361.80
ROE of 34.4% above sector norm of 18%
Revenue growing at 11.6% YoY (sector norm: 6%)
REASONS TO SELL / AVOID
No major red flags identified
American Express Company trades at $318.38 with a composite risk score of 56/100.
The stock scores 13/25 on valuation, 20/25 on financial health, 15/25 on growth, and 8/25 on technicals.
The company is currently profitable with strong return on equity.
Bottom Line: Neutral for Financial Services — wait for better entry or catalyst. The current recommendation is HOLD .
PROFITABLE
HIGH ROE
UPSIDE POTENTIAL
CHEAP
HIGH DEBT