American Express issues charge and credit cards to consumers and businesses, and operates its own payment network that merchants pay to accept. Revenue comes from card fees, interest on revolving balances, and merchant transaction fees (discount revenue). Unlike Visa or Mastercard, Amex acts as both the card issuer and the network, keeping economics from both sides. Its commercial segment also sells expense management software and small business loans.
Employees76,800IPOAug 11, 2015SIC6141HQ200 Vesey Street, New York, NY, USA, 10285
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
—
Operating Margin
—
EBITDA Margin
—
Net Margin
15.1%
OCF Margin
24.3%
FCF Margin
19.8%
Returns on Capital
ROE
34.4%
ROA
3.8%
ROIC
—
ROCE
0.0%
ROC (Greenblatt)
0.0%
3Y ROIIC
0.0%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
20.85
Forward P/E
19.33
P/E ex-NRI
20.71
Shiller P/E (CAPE)
31.83
Cash Flow Multiples
P/FCF
15.69
P/OCF
12.78
P/Owner Earnings
19.06
FCF Yield
6.51%
Enterprise Value Multiples
EV / EBIT
—
EV / Forward EBIT
—
EV / EBITDA
—
EV / Forward EBITDA
—
EV / Revenue
3.27
EV / Forward Revenue
3.70
Asset / Sales
P/S
3.11
P/B
6.77
P/Tangible Book
6.77
Growth-Adjusted
PEG
1.71
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.04%
Forward Dividend Yield
1.11%
3Y Dividend Growth
16.4%
Payout Ratio
0.21
5Y Yield on Cost
2.07%
Buybacks & Dilution
3Y Buyback Ratio
2.60%
Combined
Shareholder Yield
2.30%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
1.72
Gross Debt / EBITDA
—
Cash / Debt
0.77
Equity / Assets
0.11
Coverage
Interest Coverage
—
Short-Term Liquidity
Current Ratio
0.00
Quick Ratio
0.00
Cash Ratio
0.00
Composite Scores
Piotroski F-Score
9
Altman Z-Score
—
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-07-02
$0.95
2026-08-10
2026-04-06
$0.95
2026-05-08
2026-01-02
$0.82
2026-02-10
2025-10-10
$0.82
2025-11-10
2025-07-03
$0.82
2025-08-08
2025-04-04
$0.82
2025-05-09
2025-01-03
$0.7
2025-02-10
2024-10-04
$0.7
2024-11-08
2024-07-05
$0.7
2024-08-09
2024-04-04
$0.7
2024-05-10
10 of 149
View allDate
Transcript
Type
2026-07-24
Q2 2026 American Express Co Earnings Call Transcript
Earnings Call
2026-06-09
American Express Co at Morgan Stanley US Financials Conference Transcript
Conference Presentations
2026-05-28
American Express Co at Bernstein Strategic Decisions Conference Transcript
Conference Presentations
2026-04-23
Q1 2026 American Express Co Earnings Call Transcript
Earnings Call
2026-02-10
American Express Co at UBS Financial Services Conference Transcript
Conference Presentations
2026-01-30
Q4 2025 American Express Co Earnings Call Transcript
Earnings Call
2025-12-10
American Express Co at Goldman Sachs U.S. Financial Services Conference Transcript
Conference Presentations
2025-10-17
Q3 2025 American Express Co Earnings Call Transcript
Earnings Call
2025-07-18
Q2 2025 American Express Co Earnings Call Transcript
Earnings Call
2025-04-17
Q1 2025 American Express Co Earnings Call Transcript
Earnings Call
10 of 78
5-Step DuPont Analysis
ROE %
34.37%
×
×
Net Margin %
15.07%
×
×
Operating Margin %
—
Operating Income
—
÷
Revenue
$75.95B
×
Tax Burden
0.7752
Net Income
$11.45B
÷
Pretax Income
$14.76B
×
Interest Burden
—
Pretax Income
$14.76B
÷
Operating Income
—
×
Asset Turnover
0.25
÷
Revenue
$75.95B
÷
Average Total Assets
$301.88B
Begin Total Assets
$295.56B
End Total Assets
$308.20B
×
Equity Multiplier
9.07
÷
Avg Total Assets
$301.88B
÷
Avg Stockholders Equity
$33.30B
Begin Equity
$32.31B
End Equity
$34.28B