American Financial Statements From 2010 to 2025

AXP Stock  USD 312.56  1.08  0.35%   
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
33 B
Profit Margin
0.167
Market Capitalization
220 B
Enterprise Value Revenue
4.2693
Revenue
59.2 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 01/18/2025, Enterprise Value is likely to grow to about 38.7 B, while Market Cap is likely to drop slightly above 9.1 B.

American Express Total Revenue

72.89 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 6.5 B, Other Operating Expenses of 72.9 B or Operating Income of 6.7 B, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0208 or PTB Ratio of 2.99. 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 Outstanding966.6 M662.4 M941.5 M
Slightly volatile
Total Assets169.3 B300.3 B186 B
Slightly volatile
Short and Long Term Debt Total50.9 B56.5 B53.4 B
Pretty Stable
Total Current Liabilities138.8 B132.2 B40.1 B
Slightly volatile
Total Stockholder Equity33.9 B32.3 B22.1 B
Slightly volatile
Property Plant And Equipment Net3.6 B5.9 B4.4 B
Slightly volatile
Net Debt2.2 B2.4 B24.3 B
Slightly volatile
Retained Earnings23.7 B22.6 B12.5 B
Slightly volatile
Cash56.2 B53.5 B29.5 B
Slightly volatile
Non Current Assets Total4.4 B4.6 B26.3 B
Pretty Stable
Cash And Short Term Investments103.9 B99 B40.2 B
Slightly volatile
Liabilities And Stockholders Equity169.3 B300.3 B186 B
Slightly volatile
Non Current Liabilities Total284.2 B270.6 B96.6 B
Slightly volatile
Other Stockholder Equity9.1 B13.1 B11.3 B
Pretty Stable
Total Liabilities153.2 B268 B165 B
Slightly volatile
Property Plant And Equipment Gross18.2 B17.3 B7.8 B
Slightly volatile
Total Current Assets176.7 B168.3 B70.2 B
Slightly volatile
Short Term Debt1.1 B1.2 B3.9 B
Slightly volatile
Net Receivables37.3 B69.3 B45.9 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 B11.8 B11.6 B
Very volatile
Long Term Debt45.4 B55 B48.6 B
Very volatile
Intangible Assets83.8 M88.2 M488.4 M
Slightly volatile
Property Plant EquipmentBB4.4 B
Slightly volatile
Good WillB4.4 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 Investments1.9 BB32.3 B
Slightly volatile
Short and Long Term Debt1.1 B1.2 B24.8 B
Slightly volatile
Current Deferred Revenue95.7 B148.5 B79.2 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 Capital54.7 B69.5 B71.5 B
Slightly volatile
Capital Stock125.5 M130.5 M159.8 M
Slightly volatile

American Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses72.9 B69.4 B26.1 B
Slightly volatile
Operating Income6.7 B12.4 B9.1 B
Slightly volatile
EBITDA17.3 B16.5 B11.1 B
Slightly volatile
Net Income10.1 B9.6 BB
Slightly volatile
Depreciation And Amortization1.8 B1.9 B7.8 B
Slightly volatile
Selling General Administrative5.9 B7.3 B6.3 B
Very volatile
Selling And Marketing ExpensesBB6.5 B
Pretty Stable
Total Revenue72.9 B69.4 B41.3 B
Slightly volatile
Gross Profit26.2 B39.7 B28.7 B
Slightly volatile
Income Before Tax12.7 B12.1 B8.2 B
Slightly volatile
Cost Of Revenue16.1 B23.3 B18.2 B
Pretty Stable
Net Income Applicable To Common Shares4.7 B8.5 B5.6 B
Slightly volatile
Net Income From Continuing Ops6.2 B9.6 BB
Slightly volatile
Tax Provision1.9 B1.9 B2.4 B
Slightly volatile
Net Interest Income9.2 B15.1 B7.9 B
Slightly volatile
Interest Income12.4 B23 B10.7 B
Slightly volatile
Reconciled Depreciation1.6 B1.9 B1.4 B
Slightly volatile

American Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow20.5 B19.5 B11.2 B
Slightly volatile
Begin Period Cash Flow41 B39 B26.1 B
Slightly volatile
DepreciationB1.9 B1.3 B
Slightly volatile
Dividends Paid2.1 BB1.3 B
Slightly volatile
Capital ExpendituresB1.8 B1.3 B
Slightly volatile
Total Cash From Operating Activities22.4 B21.3 B12.6 B
Slightly volatile
Net Income10.1 B9.6 BB
Slightly volatile
End Period Cash Flow56.3 B53.6 B29.7 B
Slightly volatile
Stock Based Compensation322.1 M517.5 M319.7 M
Slightly volatile
Issuance Of Capital Stock30.6 M32.2 M169.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.592.052.2268
Pretty Stable
Dividend Yield0.02080.01490.0154
Pretty Stable
PTB Ratio2.994.424.0594
Slightly volatile
Days Sales Outstanding422419439
Slightly volatile
Book Value Per Share36.0734.3624.4233
Slightly volatile
Free Cash Flow Yield0.140.12340.1334
Slightly volatile
Operating Cash Flow Per Share23.8622.7314.1078
Slightly volatile
Stock Based Compensation To Revenue0.00930.00860.0084
Slightly volatile
Capex To Depreciation0.820.851.1742
Slightly volatile
PB Ratio2.994.424.0594
Slightly volatile
EV To Sales2.622.093.0329
Slightly volatile
Free Cash Flow Per Share21.8520.8112.568
Slightly volatile
Inventory Turnover0.680.710.7986
Slightly volatile
Net Income Per Share10.7710.256.6345
Slightly volatile
Days Of Inventory On Hand502528811
Slightly volatile
Payables Turnover1.031.771.1445
Slightly volatile
Sales General And Administrative To Revenue0.150.13360.1834
Slightly volatile
Capex To Revenue0.03830.02980.0371
Slightly volatile
Cash Per Share60.0457.1835.868
Slightly volatile
POCF Ratio9.458.538.2385
Slightly volatile
Interest Coverage2.661.413.9498
Pretty Stable
Payout Ratio0.370.240.2525
Pretty Stable
Capex To Operating Cash Flow0.190.09690.1321
Very volatile
PFCF Ratio12.249.329.6832
Pretty Stable
Days Payables Outstanding335213346
Slightly volatile
Income Quality2.722.552.3837
Pretty Stable
ROE0.180.270.2548
Pretty Stable
EV To Operating Cash Flow16.818.711.2405
Very volatile
PE Ratio13.814.816.6298
Pretty Stable
Return On Tangible Assets0.01790.02930.0297
Very volatile
EV To Free Cash Flow17.679.4912.9747
Very volatile
Earnings Yield0.07330.06990.0656
Pretty Stable
Intangibles To Total Assets0.02390.01740.0211
Slightly volatile
Net Debt To EBITDA0.20.212.7897
Slightly volatile
Current Ratio1.530.92.9606
Pretty Stable
Tangible Book Value Per Share31.029.5220.3137
Slightly volatile
Receivables Turnover1.091.151.757
Pretty Stable
Graham Number93.4889.0360.0696
Slightly volatile
Shareholders Equity Per Share36.0734.3624.4233
Slightly volatile
Debt To Equity3.822.012.8202
Slightly volatile
Capex Per Share2.011.911.5391
Slightly volatile
Average Receivables881.4 MB1.1 B
Slightly volatile
Revenue Per Share77.6173.9146.0034
Slightly volatile
Interest Debt Per Share35.968.5859.7124
Slightly volatile
Debt To Assets0.250.170.2948
Slightly volatile
Enterprise Value Over EBITDA14.4711.2612.1273
Slightly volatile
Short Term Coverage Ratios13.5612.925.7055
Slightly volatile
Price Earnings Ratio13.814.816.6298
Pretty Stable
Operating Cycle514328908
Pretty Stable
Price Book Value Ratio2.994.424.0594
Slightly volatile
Days Of Payables Outstanding335213346
Slightly volatile
Dividend Payout Ratio0.370.240.2525
Pretty Stable
Price To Operating Cash Flows Ratio9.458.538.2385
Slightly volatile
Price To Free Cash Flows Ratio12.249.329.6832
Pretty Stable
Pretax Profit Margin0.140.160.1985
Slightly volatile
Ebt Per Ebit0.840.880.7648
Slightly volatile
Operating Profit Margin0.290.210.2863
Slightly volatile
Effective Tax Rate0.310.230.2902
Pretty Stable
Company Equity Multiplier12.9910.79.7642
Pretty Stable
Long Term Debt To Capitalization0.50.570.682
Slightly volatile
Total Debt To Capitalization0.840.730.7317
Slightly volatile
Return On Capital Employed0.10.110.0722
Very volatile
Debt Equity Ratio3.822.012.8202
Slightly volatile
Ebit Per Revenue0.290.210.2863
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.465.04.4195
Very volatile
Net Income Per E B T0.570.720.6995
Very volatile
Cash Ratio0.270.292.2702
Very volatile
Operating Cash Flow Sales Ratio0.220.280.299
Pretty Stable
Days Of Inventory Outstanding502528811
Slightly volatile
Days Of Sales Outstanding422419439
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.660.820.8533
Slightly volatile
Cash Flow Coverage Ratios0.360.340.2366
Slightly volatile
Price To Book Ratio2.994.424.0594
Slightly volatile
Fixed Asset Turnover6.7710.578.4594
Slightly volatile
Capital Expenditure Coverage Ratio6.4110.698.439
Pretty Stable
Price Cash Flow Ratio9.458.538.2385
Slightly volatile
Enterprise Value Multiple14.4711.2612.1273
Slightly volatile
Debt Ratio0.250.170.2948
Slightly volatile
Cash Flow To Debt Ratio0.360.340.2366
Slightly volatile
Price Sales Ratio1.592.052.2268
Pretty Stable
Return On Assets0.01770.02890.0291
Very volatile
Asset Turnover0.140.210.2
Pretty Stable
Net Profit Margin0.0960.120.1391
Pretty Stable
Gross Profit Margin0.70.660.6691
Slightly volatile
Price Fair Value2.994.424.0594
Slightly volatile
Return On Equity0.180.270.2548
Pretty Stable

American Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.1 B11.8 B12.6 B
Pretty Stable
Enterprise Value38.7 B36.4 B32.7 B
Slightly volatile

American Fundamental Market Drivers

Forward Price Earnings20.5761
Cash And Short Term Investments86.1 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 Revenue148.5 B95.7 B
Total Revenue69.4 B72.9 B
Cost Of Revenue23.3 B16.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.15 
Capex To Revenue 0.03  0.04 
Revenue Per Share 73.91  77.61 
Ebit Per Revenue 0.21  0.29 

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

  0.89V Visa Class A Earnings Call This WeekPairCorr
  0.85DIST Distoken AcquisitionPairCorr

Moving against American Stock

  0.8XP Xp IncPairCorr
  0.57LU Lufax HoldingPairCorr
  0.5WD Walker Dunlop Normal TradingPairCorr
  0.43WU Western UnionPairCorr
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.