American Payout Ratio from 2010 to 2024

AXP Stock  USD 293.00  5.29  1.84%   
American Express Payout Ratio yearly trend continues to be relatively stable with very little volatility. Payout Ratio is likely to grow to 0.37 this year. During the period from 2010 to 2024, American Express Payout Ratio destribution of quarterly values had range of 0.2957 from its regression line and mean deviation of  0.08. View All Fundamentals
 
Payout Ratio  
First Reported
2010-12-31
Previous Quarter
0.21256269
Current Value
0.37
Quarterly Volatility
0.10151351
 
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 Express' main balance sheet or income statement drivers, such as Interest Expense of 7.2 B, Other Operating Expenses of 47.3 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.

Latest American Express' Payout Ratio Growth Pattern

Below is the plot of the Payout Ratio of American Express over the last few years. Payout Ratio is the proportion of American Express earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of American Express dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating American Express is paying out more in dividends than it makes in net income. It is American Express' Payout Ratio 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.
Payout Ratio10 Years Trend
Pretty Stable
   Payout Ratio   
       Timeline  

American Payout Ratio Regression Statistics

Arithmetic Mean0.25
Geometric Mean0.24
Coefficient Of Variation40.07
Mean Deviation0.08
Median0.21
Standard Deviation0.10
Sample Variance0.01
Range0.2957
R-Value0.22
Mean Square Error0.01
R-Squared0.05
Significance0.42
Slope0.01
Total Sum of Squares0.14

American Payout Ratio History

2024 0.37
2020 0.47
2019 0.21
2018 0.19
2017 0.46
2016 0.22
2015 0.23

Other Fundumenentals of American Express

American Express Payout Ratio component correlations

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0.77-0.170.60.70.34-0.780.70.54-0.150.60.17-0.010.890.890.69-0.6-0.09-0.3-0.490.560.47-0.13-0.21
-0.58-0.17-0.73-0.62-0.40.250.360.09-0.040.43-0.250.69-0.49-0.28-0.520.760.740.730.64-0.85-0.80.60.82
0.770.6-0.730.760.67-0.620.120.24-0.130.140.17-0.590.760.640.78-0.78-0.75-0.57-0.750.870.69-0.46-0.87
0.990.7-0.620.760.37-0.480.070.40.310.080.2-0.560.890.650.77-0.61-0.56-0.53-0.710.910.85-0.28-0.54
0.380.34-0.40.670.37-0.450.160.26-0.350.250.13-0.250.320.390.7-0.39-0.640.03-0.130.470.44-0.02-0.65
-0.54-0.780.25-0.62-0.48-0.45-0.76-0.390.38-0.71-0.06-0.13-0.64-0.87-0.480.60.280.430.43-0.47-0.450.350.42
0.170.70.360.120.070.16-0.760.48-0.40.92-0.090.630.370.680.14-0.20.280.04-0.01-0.06-0.050.090.16
0.430.540.090.240.40.26-0.390.480.240.61-0.010.220.370.310.230.040.070.01-0.160.220.430.440.07
0.25-0.15-0.04-0.130.31-0.350.38-0.40.24-0.23-0.27-0.20.06-0.36-0.180.270.04-0.09-0.160.110.230.310.16
0.160.60.430.140.080.25-0.710.920.61-0.23-0.180.580.280.550.080.020.180.11-0.02-0.1-0.050.290.15
0.20.17-0.250.170.20.13-0.06-0.09-0.01-0.27-0.18-0.360.290.30.27-0.21-0.04-0.05-0.340.20.23-0.12-0.04
-0.5-0.010.69-0.59-0.56-0.25-0.130.630.22-0.20.58-0.36-0.36-0.05-0.530.380.650.390.57-0.65-0.480.410.63
0.920.89-0.490.760.890.32-0.640.370.370.060.280.29-0.360.830.73-0.77-0.35-0.54-0.760.80.68-0.29-0.43
0.710.89-0.280.640.650.39-0.870.680.31-0.360.550.3-0.050.830.66-0.68-0.29-0.37-0.530.590.49-0.39-0.37
0.790.69-0.520.780.770.7-0.480.140.23-0.180.080.27-0.530.730.66-0.65-0.54-0.16-0.380.760.62-0.34-0.62
-0.64-0.60.76-0.78-0.61-0.390.6-0.20.040.270.02-0.210.38-0.77-0.68-0.650.480.680.66-0.78-0.590.660.7
-0.51-0.090.74-0.75-0.56-0.640.280.280.070.040.18-0.040.65-0.35-0.29-0.540.480.460.52-0.75-0.620.440.9
-0.52-0.30.73-0.57-0.530.030.430.040.01-0.090.11-0.050.39-0.54-0.37-0.160.680.460.79-0.68-0.620.530.53
-0.71-0.490.64-0.75-0.71-0.130.43-0.01-0.16-0.16-0.02-0.340.57-0.76-0.53-0.380.660.520.79-0.76-0.580.390.57
0.890.56-0.850.870.910.47-0.47-0.060.220.11-0.10.2-0.650.80.590.76-0.78-0.75-0.68-0.760.89-0.49-0.78
0.830.47-0.80.690.850.44-0.45-0.050.430.23-0.050.23-0.480.680.490.62-0.59-0.62-0.62-0.580.89-0.3-0.6
-0.26-0.130.6-0.46-0.28-0.020.350.090.440.310.29-0.120.41-0.29-0.39-0.340.660.440.530.39-0.49-0.30.64
-0.51-0.210.82-0.87-0.54-0.650.420.160.070.160.15-0.040.63-0.43-0.37-0.620.70.90.530.57-0.78-0.60.64
Click cells to compare fundamentals

About American Express Financial Statements

American Express shareholders use historical fundamental indicators, such as Payout Ratio, 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
Payout Ratio 0.21  0.37 
Dividend Payout Ratio 0.21  0.37 

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

  0.83AC Associated CapitalPairCorr
  0.83GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.85MC Moelis Potential GrowthPairCorr
  0.93SF Stifel Financial Earnings Call This WeekPairCorr
  0.81TW Tradeweb Markets Normal TradingPairCorr

Moving against American Stock

  0.7XP Xp IncPairCorr
  0.44HG Hamilton Insurance Group,PairCorr
  0.31EG Everest GroupPairCorr
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.