Valuation
Is the price right?Insufficient data
Insufficient data: 1 of 2 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Bringing the fundamentals into focus…
AXP Financial Services
American Express Company
$325.50-0.76%
Price as of close on Nov 3, 2026 · Financials updated Nov 3, 2026
Basics
- Sector
- Financial Services
- Industry
- Credit Services
- Country
- United States
- Market cap
- 218.3B USD
- Full-time employees
- 76,800
Growth
Is it growing?53/100
Moderate▼ 1 since Oct 27 close
3/3 inputs reported · High confidence
Since last quarter: ▲ Stronger
- 12-month revenue up 2.4%
Why it changed since the Oct 27, 2026 close: Score 54 → 53
- Peer companies moved-1
Why
Compare with peers Close to the peer norm on every measure.
Behind the score
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growth16.2%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.23Sector median: 0.0999 · MAD: 0.27733-year revenue growth10.0%
SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score 0.00Sector median: 0.0999 · MAD: 0.0858Revenue growth10.7%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.22Sector median: 0.0742 · MAD: 0.1477Profitability
Does it earn well?78/100
Moderate▼ 4 since Oct 27 close
2/3 inputs reported · Partial data
Since last quarter: No major change
Why it changed since the Oct 27, 2026 close: Score 82 → 78
- Peer companies moved-4
Why
Compare with peers Stronger than most peers on:
- ▲ ROIC
- ▲ ROA
Behind the score
Return on invested capital, operating margin, and return on assets.
Operating marginUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.2353 · MAD: 0.1462Return on assets3.7%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.50Sector median: 0.0256 · MAD: 0.0233Return on invested capital20.3%
Yahoo Finance fallback · SEC operating income or invested capital unavailable · trailing 12 monthsReported value33% base weight · Z-score 2.70Sector median: 0.0630 · MAD: 0.0518Other data (not scored)
Gross marginUnavailable
Missing · left out of the scoreInformational · 0% composite weightSector median: 0.7878 · MAD: 0.2122Return on equity33.4%
SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0939 · MAD: 0.0702Risk
Debt, liquidity, price swingsHigher
Higher relative risk
3/3 inputs reported · High confidence
Since last quarter: No major change
Why
Compare with peers Weaker than most peers on:
- ▼ Beta
- ▼ Debt / equity
Behind the score
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Beta1.08
Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -1.21Sector median: 0.7010 · MAD: 0.3115Current ratio1.58×
Yahoo Finance fallback · SEC figure unavailable or out of dateReported value33% base weight · Z-score -0.36Sector median: 2.0250 · MAD: 1.2470Debt / equity1.72×
SEC filings · latest balance sheetReported value33% base weight · Z-score -2.11Sector median: 0.5734 · MAD: 0.5454Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about American Express
- Is American Express getting weaker?
- Its latest SEC filing (Jul 24, 2026) showed no major changes. Its overall score is 50/100, down 2 since Oct 28, 2026.
- How is American Express valued vs its peers?
- Insufficient data: 1 of 2 inputs reported (at least 2 needed).
- Is American Express growing?
- At about the same pace as its peers. Growth scores 53/100 against 432 financial services peers.
- How profitable is American Express?
- More profitable than most of its peers. Profitability scores 78/100 against 432 financial services peers. Return on invested capital 20.3% vs a peer median of 6.3% (stronger than 81% of peers).Return on invested capital 20.3% vs peers 6.3% (stronger than 81% of peers).
- How risky is American Express?
- Higher risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings. Beta 1.08 vs a peer median of 0.70 (weaker than 74% of peers).Beta 1.08 vs peers 0.70 (weaker than 74% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 24, 2026 · compared with the quarter ended Mar 31, 2026No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 74.2B USD | 76.0B USD | +2.4% |
| Net income (12 months) | 11.2B USD | 11.4B USD | +2.0% |
| Free cash flow (12 months) | 14.3B USD | 15.1B USD | +5.1% |
| Debt | 60.4B USD | 59.0B USD | −2.3% |
| Cash | 53.8B USD | 45.2B USD | −15.8% |
| Shares outstanding | 682.3M | 675.3M | −1.0% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Financial Services · 98 companiesValuations in Financial Services are above their usual range since 2016.
- 67% of months since 2016 were valued lower than now.
- 32% of companies are in the most expensive fifth of their own price-to-sales history.
- Over 24 months, company values +7% and earnings +21% (medians): prices and earnings moved broadly together.
- Median price-to-sales is +30% vs the whole market, against a usual +47%.
Shown for Financial Services: too few Credit Services companies have a long enough history of their own.
Financials
Fiscal years from SEC annual filings · change vs the prior year| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Net margin | 19.0% | 14.2% | 13.8% | 15.4% | 15.0% | ▼ 0.4 pts |
| Return on assets (ROA) | 4.3% | 3.3% | 3.2% | 3.7% | 3.6% | ▼ 0.1 pts |
| Return on equity (ROE) | 36.3% | 30.4% | 29.8% | 33.5% | 32.4% | ▼ 1.1 pts |
| Debt to equity | 1.85× | 1.78× | 1.75× | 1.69× | 1.73× | ▲ 2.2% |
AXP price history
Price history is added with the daily price update and will appear after the next one.