Free Trial
→ Why War with China Start in 128 Days (From Behind the Markets) (Ad) Buy AXP Stock  Free AXP Stock Alerts

American Express (AXP) Financials

American Express logo
$255.57 +4.44 (+1.77%)
As of 03:58 PM Eastern
Compare
Annual Income Statements for American Express

Annual Income Statements for American Express

This table shows American Express' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 5,163 5,375 2,748 6,921 6,759 3,135 8,060 7,514 8,374 10,129
Consolidated Net Income / (Loss)		 5,163 5,375 2,748 6,921 6,759 3,135 8,060 7,514 8,374 10,129
Net Income / (Loss) Continuing Operations		 5,163 5,375 2,748 6,921 6,759 3,135 8,060 7,514 8,374 10,129
Total Pre-Tax Income 		7,938 8,042 7,425 8,122 8,429 4,296 10,689 9,585 10,513 12,895
Total Revenue		 32,818 35,438 36,878 40,338 43,556 36,087 42,380 52,862 60,515 65,949
Net Interest Income / (Expense)		 5,922 5,779 6,451 7,663 8,620 7,985 7,750 9,895 13,134 15,543
Total Interest Income		 7,545 7,484 8,563 10,606 12,084 10,083 9,033 12,658 19,983 23,795
Loans and Leases Interest Income		 7,309 7,214 8,148 9,941 11,308 9,779 8,850 11,967 17,697 21,095
Investment Securities Interest Income		 157 131 89 118 188 127 83 96 128 86
Deposits and Money Market Investments Interest Income		 79 139 326 547 588 177 100 595 2,158 2,614
Total Interest Expense		 1,623 1,705 2,112 2,943 3,464 2,098 1,283 2,763 6,849 8,252
Deposits Interest Expense		 475 598 779 1,287 1,559 943 458 1,527 4,865 5,695
Long-Term Debt Interest Expense		 1,148 1,107 1,333 1,656 1,905 1,155 825 1,236 1,984 2,557
Total Non-Interest Income		 26,896 29,659 30,427 32,675 34,936 28,102 34,630 42,967 47,381 50,406
Provision for Credit Losses		 1,988 2,027 2,760 3,352 3,573 4,730 -1,419 2,182 4,923 5,185
Total Non-Interest Expense		 22,892 25,369 26,693 28,864 31,554 27,061 33,110 41,095 45,079 47,869
Salaries and Employee Benefits		 4,976 5,259 5,258 5,250 5,911 5,718 6,240 7,252 8,067 8,198
Marketing Expense		 3,109 6,249 5,722 6,477 7,125 6,747 9,053 10,401 10,870 11,926
Other Operating Expenses		 14,807 13,861 15,713 17,137 18,518 14,596 17,817 23,442 26,142 27,745
Income Tax Expense		 2,775 2,667 4,677 1,201 1,670 1,161 2,629 2,071 2,139 2,766
Weighted Average Basic Shares Outstanding		 999M 933M 883M 856M 828M 805M 789M 751M 735M 712M
Diluted Earnings per Share		 $5.05 $5.61 $2.99 $7.91 $7.99 $3.77 $10.02 $9.85 $11.21 $14.01
Weighted Average Diluted Shares Outstanding		 1.00B 935M 886M 859M 830M 806M 790M 752M 736M 713M
Weighted Average Basic & Diluted Shares Outstanding		 964.05M 901.27M 860.28M 843.37M 808.04M 805.59M 759.35M 744.19M 723.87M 702.53M
Cash Dividends to Common per Share		 $1.13 $1.22 $1.34 $1.48 $1.64 $1.72 $1.72 $2.08 $2.40 $2.80

Quarterly Income Statements for American Express

This table shows American Express' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
Consolidated Net Income / (Loss)		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
Net Income / (Loss) Continuing Operations		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
Total Pre-Tax Income 		2,459 1,871 2,167 2,734 3,100 2,512 3,145 3,790 3,204 2,756
Total Revenue		 13,556 14,176 14,281 15,054 15,381 15,799 15,801 16,333 16,636 17,179
Net Interest Income / (Expense)		 2,578 2,758 2,983 3,105 3,442 3,604 3,769 3,730 4,006 4,038
Total Interest Income		 3,374 3,965 4,416 4,775 5,240 5,552 5,775 5,794 6,149 6,077
Loans and Leases Interest Income		 3,164 3,623 3,939 4,213 4,635 4,910 5,058 5,092 5,442 5,503
Investment Securities Interest Income		 27 34 30 34 33 31 25 25 18 18
Deposits and Money Market Investments Interest Income		 183 308 447 528 572 611 692 677 689 556
Total Interest Expense		 796 1,207 1,433 1,670 1,798 1,948 2,006 2,064 2,143 2,039
Deposits Interest Expense		 440 778 994 1,196 1,290 1,385 1,427 1,425 1,446 1,397
Long-Term Debt Interest Expense		 356 429 439 474 508 563 579 639 697 642
Total Non-Interest Income		 10,978 11,418 11,298 11,949 11,939 12,195 12,032 12,603 12,630 13,141
Provision for Credit Losses		 778 1,027 1,055 1,198 1,233 1,437 1,269 1,268 1,356 1,292
Total Non-Interest Expense		 10,319 11,278 11,059 11,122 11,048 11,850 11,387 11,275 12,076 13,131
Salaries and Employee Benefits		 1,748 2,034 2,014 1,875 2,047 2,131 2,098 1,949 2,049 2,102
Marketing Expense		 2,652 2,576 2,734 2,796 2,629 2,711 2,868 2,907 2,900 3,251
Other Operating Expenses		 5,919 6,668 6,311 6,451 6,372 7,008 6,421 6,419 7,127 7,778
Income Tax Expense		 580 299 351 560 649 579 708 775 697 586
Weighted Average Basic Shares Outstanding		 748M 751M 743M 740M 732M 735M 721M 716M 708M 712M
Diluted Earnings per Share		 $2.47 $2.08 $2.40 $2.89 $3.30 $2.62 $3.33 $4.15 $3.49 $3.04
Weighted Average Diluted Shares Outstanding		 749M 752M 744M 741M 733M 736M 722M 717M 709M 713M
Weighted Average Basic & Diluted Shares Outstanding		 747.23M 744.19M 743.24M 736.46M 728.75M 723.87M 719.30M 710.91M 704.44M 702.53M

Annual Cash Flow Statements for American Express

This table details how cash moves in and out of American Express' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 474 2,255 7,769 -5,455 -3,362 8,519 -10,937 11,886 12,682 -5,956
Net Cash From Operating Activities		 2,621 8,291 13,540 8,930 13,632 5,591 14,645 21,079 18,559 14,050
Net Cash From Continuing Operating Activities		 2,621 8,291 13,540 8,930 13,783 5,591 14,645 21,079 18,559 14,050
Net Income / (Loss) Continuing Operations		 0.00 5,375 2,748 6,921 6,759 3,135 8,060 7,514 8,374 10,129
Consolidated Net Income / (Loss)		 - 5,375 2,748 6,921 6,759 3,135 8,060 7,514 8,374 10,129
Provision For Loan Losses		 - 2,027 2,760 3,352 3,573 4,730 -1,419 2,182 4,923 5,185
Depreciation Expense		 1,043 1,095 1,321 1,293 1,188 1,543 1,695 1,626 1,651 1,676
Non-Cash Adjustments to Reconcile Net Income		 234 -812 1,064 738 860 932 -442 740 1,119 -60
Changes in Operating Assets and Liabilities, net		 1,344 606 5,647 -3,374 1,403 -4,749 6,751 9,017 2,492 -2,880
Net Cash From Investing Activities		 -8,193 1,723 -18,242 -19,615 -16,707 11,632 -10,529 -33,689 -24,433 -24,402
Net Cash From Continuing Investing Activities		 -8,193 1,723 -18,242 -19,615 -16,707 11,632 -10,529 -33,689 -24,433 -24,402
Purchase of Property, Leasehold Improvements and Equipment		 -1,341 -1,375 -1,062 -1,310 -1,645 -1,478 -1,550 -1,855 -1,563 -1,911
Purchase of Investment Securities		 -1,868 571 -19,676 -21,808 -22,565 5,882 -29,073 -33,752 -26,760 -25,306
Divestitures		 - - - - - - - 0.00 0.00 594
Sale and/or Maturity of Investments		 -4,864 2,527 2,496 3,503 7,503 7,228 20,094 1,918 3,890 2,221
Net Cash From Financing Activities		 1,417 -7,599 12,245 5,101 -519 -9,068 -14,933 24,509 18,379 4,436
Net Cash From Continuing Financing Activities		 1,417 -7,599 12,245 5,101 -519 -9,068 -14,933 24,509 18,379 4,436
Net Change in Deposits		 10,878 -1,935 11,385 5,542 3,330 13,542 -2,468 25,902 18,915 10,305
Issuance of Debt		 9,923 8,824 32,764 21,524 12,706 -4,558 7,788 22,524 15,569 12,602
Issuance of Common Equity		 193 177 129 87 86 44 64 56 28 100
Repayment of Debt		 -19,246 -8,960 -26,382 -19,043 -10,534 -15,593 -11,201 -18,906 -10,703 -10,552
Repurchase of Common Equity		 - -4,498 -4,400 -1,685 -4,685 -1,029 -7,652 -3,502 -3,650 -6,020
Payment of Dividends		 -1,172 -1,207 -1,251 -1,324 -1,422 -1,474 -1,448 -1,565 -1,780 -1,999
Effect of Exchange Rate Changes		 -276 -160 226 129 232 364 -120 -13 177 -40

Quarterly Cash Flow Statements for American Express

This table details how cash moves in and out of American Express' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 4,905 2,732 6,922 2,122 950 2,688 7,617 -1,318 -4,977 -7,278
Net Cash From Operating Activities		 4,508 8,432 -377 3,923 8,244 6,769 5,552 4,532 -1,812 5,778
Net Cash From Continuing Operating Activities		 4,508 8,432 -377 3,923 8,244 6,769 5,552 4,532 -1,812 5,778
Net Income / (Loss) Continuing Operations		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
Consolidated Net Income / (Loss)		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
Provision For Loan Losses		 778 1,027 1,055 1,198 1,233 1,437 1,269 1,268 1,356 1,292
Depreciation Expense		 413 418 400 400 429 422 390 421 437 428
Non-Cash Adjustments to Reconcile Net Income		 488 -72 297 196 246 380 -17 -431 508 -120
Changes in Operating Assets and Liabilities, net		 950 5,487 -3,945 -45 3,885 2,597 1,473 259 -6,620 2,008
Net Cash From Investing Activities		 -7,523 -10,774 -1,404 -7,931 -6,929 -8,169 -3,144 -5,491 -3,522 -12,245
Net Cash From Continuing Investing Activities		 -7,523 -10,774 -1,404 -7,931 -6,929 -8,169 -3,144 -5,491 -3,522 -12,245
Purchase of Property, Leasehold Improvements and Equipment		 -443 -513 -360 -376 -401 -426 -396 -565 -455 -495
Purchase of Investment Securities		 -7,731 -10,416 -1,944 -7,804 -6,951 -10,061 -3,032 -6,207 -4,006 -12,061
Sale and/or Maturity of Investments		 651 155 900 249 423 2,318 284 1,281 345 311
Net Cash From Financing Activities		 7,715 5,576 8,597 6,029 -314 4,067 5,181 -325 350 -770
Net Cash From Continuing Financing Activities		 7,715 5,576 8,597 6,029 -314 4,067 5,181 -325 350 -770
Net Change in Deposits		 7,088 6,754 10,566 1,950 1,701 4,698 5,283 -653 1,675 4,000
Issuance of Debt		 6,093 1,784 1,737 6,423 5,257 2,152 2,863 5,495 4,330 -86
Issuance of Common Equity		 - 2.00 18 4.00 1.00 5.00 29 17 3.00 51
Repayment of Debt		 -4,458 -1,919 -3,003 -853 -5,414 -1,433 -1,250 -2,901 -3,207 -3,194
Repurchase of Common Equity		 -601 -640 -316 -1,033 -1,400 -901 -1,292 -1,762 -1,935 -1,031
Payment of Dividends		 -407 -405 -405 -462 -459 -454 -452 -521 -516 -510
Effect of Exchange Rate Changes		 205 -502 106 101 -51 21 28 -34 7.00 -41

Annual Balance Sheets for American Express

This table presents American Express' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 161,184 158,893 181,196 188,602 198,321 191,367 188,548 228,354 261,108 271,461
Cash and Due from Banks		 3,193 4,429 5,148 3,253 3,613 2,984 1,292 5,510 7,118 3,413
Interest Bearing Deposits at Other Banks		 19,569 20,779 27,709 24,026 20,610 29,824 20,548 28,097 39,312 37,006
Trading Account Securities		 3,759 3,157 3,159 4,647 8,406 21,631 2,591 4,578 2,186 1,240
Loans and Leases, Net of Allowance		 1,254 65,461 74,300 0.00 0.00 114,077 0.00 0.00 0.00 0.00
Loans Held for Sale		 14,992 - - - - - - - 0.00 758
Premises and Equipment, Net		 4,108 4,433 4,329 4,416 4,834 5,015 4,988 5,215 5,138 5,371
Other Assets		 67,614 10,561 9,816 96,940 160,858 17,836 159,129 184,954 207,354 223,673
Total Liabilities & Shareholders' Equity		 161,184 158,893 181,196 188,602 198,321 191,367 188,548 228,354 261,108 271,461
Total Liabilities		 140,511 138,392 162,935 166,312 175,250 168,383 166,371 203,643 233,051 241,197
Non-Interest Bearing Deposits		 54,997 53,042 64,452 69,960 73,287 86,875 84,382 110,239 129,144 139,413
Short-Term Debt		 4,812 5,581 3,278 3,100 6,442 1,878 12,817 13,481 14,402 15,258
Long-Term Debt		 48,061 46,990 55,804 58,423 57,835 42,952 38,675 42,573 47,866 49,715
Other Long-Term Liabilities		 17,572 18,777 22,189 22,574 24,948 27,234 30,497 37,350 41,639 36,811
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 20,673 20,501 18,261 22,290 23,071 22,984 22,177 24,711 28,057 30,264
Total Preferred & Common Equity		 20,673 20,501 18,261 22,290 23,071 22,984 22,177 24,711 28,057 30,264
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 20,673 20,501 18,261 22,290 23,071 22,984 22,177 24,711 28,057 30,264
Common Stock		 13,542 12,914 12,382 12,388 11,937 12,042 11,648 11,642 11,517 11,511
Retained Earnings		 9,665 10,371 8,307 12,499 13,871 13,837 13,474 16,279 19,612 22,148
Accumulated Other Comprehensive Income / (Loss)		 -2,534 -2,784 -2,428 -2,597 -2,737 -2,895 -2,945 -3,210 -3,072 -3,395

Quarterly Balance Sheets for American Express

This table presents American Express' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Total Assets		 214,915 228,354 235,842 244,904 250,587 261,108 269,261 272,219 270,979 271,461
Cash and Due from Banks		 3,012 5,510 3,105 3,379 5,082 7,118 6,264 6,674 3,205 3,413
Interest Bearing Deposits at Other Banks		 27,167 28,097 37,524 38,869 38,742 39,312 47,880 46,033 44,593 37,006
Trading Account Securities		 4,539 4,578 3,964 4,087 3,160 2,186 2,232 1,210 1,268 1,240
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loans Held for Sale		 - - - - - 0.00 - - - 758
Premises and Equipment, Net		 5,095 5,215 5,204 5,177 5,124 5,138 5,138 5,247 5,308 5,371
Other Assets		 175,102 184,954 186,045 193,392 198,479 207,354 207,747 213,055 216,605 223,673
Total Liabilities & Shareholders' Equity		 214,915 228,354 235,842 244,904 250,587 261,108 269,261 272,219 270,979 271,461
Total Liabilities		 190,975 203,643 209,850 218,201 223,263 233,051 240,497 242,679 241,272 241,197
Non-Interest Bearing Deposits		 103,463 110,239 120,806 122,756 124,439 129,144 134,418 133,746 135,438 139,413
Short-Term Debt		 12,536 13,481 14,250 13,942 14,809 14,402 15,153 14,784 14,619 15,258
Long-Term Debt		 42,393 42,573 41,138 46,725 46,447 47,866 48,826 51,521 53,546 49,715
Other Long-Term Liabilities		 32,583 37,350 33,656 34,778 37,568 41,639 42,100 42,628 37,669 36,811
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 23,940 24,711 25,992 26,703 27,324 28,057 28,764 29,540 29,707 30,264
Total Preferred & Common Equity		 23,940 24,711 25,992 26,703 27,324 28,057 28,764 29,540 29,707 30,264
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 23,940 24,711 25,992 26,703 27,324 28,057 28,764 29,540 29,707 30,264
Common Stock		 11,632 11,642 11,671 11,657 11,547 11,517 11,498 11,475 11,436 11,511
Retained Earnings		 15,685 16,279 17,427 18,130 18,953 19,612 20,421 21,265 21,466 22,148
Accumulated Other Comprehensive Income / (Loss)		 -3,377 -3,210 -3,106 -3,084 -3,176 -3,072 -3,155 -3,200 -3,195 -3,395

Annual Metrics and Ratios for American Express

This table displays calculated financial ratios and metrics derived from American Express' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -4.01% 7.98% 4.06% 9.38% 7.98% -17.15% 17.44% 24.73% 14.48% 8.98%
EBITDA Growth		 -10.22% 1.74% -4.28% 7.65% 2.15% -39.28% 112.09% -9.47% 8.50% 19.79%
EBIT Growth		 -11.71% 1.31% -7.67% 9.39% 3.78% -49.03% 148.81% -10.33% 9.68% 22.66%
NOPAT Growth		 -12.27% 4.11% -48.87% 151.86% -2.34% -53.62% 157.10% -6.77% 11.45% 20.96%
Net Income Growth		 -12.27% 4.11% -48.87% 151.86% -2.34% -53.62% 157.10% -6.77% 11.45% 20.96%
EPS Growth		 -9.17% 11.09% -46.70% 164.55% 1.01% -52.82% 165.78% -1.70% 13.81% 24.98%
Operating Cash Flow Growth		 -78.03% 216.33% 63.31% -34.05% 52.65% -58.99% 161.94% 43.93% -11.96% -24.30%
Free Cash Flow Firm Growth		 -3.61% -57.38% -126.04% 129.61% 614.86% 603.13% -90.27% -81.04% -383.73% 539.88%
Invested Capital Growth		 -10.43% -0.64% 5.84% 8.37% 4.22% -22.36% 8.63% 9.63% 11.84% 5.44%
Revenue Q/Q Growth		 -2.06% 9.08% -4.24% 1.94% 2.09% -5.29% 7.06% 4.00% 2.76% 2.14%
EBITDA Q/Q Growth		 -7.76% -3.43% 9.71% -0.52% 1.84% -0.09% 3.68% -3.74% 5.60% 1.75%
EBIT Q/Q Growth		 -8.85% -4.14% 10.26% 0.41% 1.87% -2.89% 4.37% -4.34% 6.49% 1.93%
NOPAT Q/Q Growth		 -9.60% -1.95% -42.10% 86.80% -4.48% -7.52% 3.61% -1.92% 4.51% 2.40%
Net Income Q/Q Growth		 -9.60% -1.95% -42.10% 29.63% 24.20% -7.52% 3.61% -1.92% 4.51% 2.40%
EPS Q/Q Growth		 -8.84% -0.88% -42.39% 86.56% -3.50% -6.68% 4.59% -1.30% 5.06% 3.09%
Operating Cash Flow Q/Q Growth		 -76.53% 3,390.08% 13.58% -41.02% 48.43% 5.75% 11.48% 19.39% -8.22% -6.59%
Free Cash Flow Firm Q/Q Growth		 13.97% -72.41% -215.47% -99.76% 101.72% 17.18% -85.28% 104.16% 30.15% 769.50%
Invested Capital Q/Q Growth		 -12.95% 6.25% 7.12% 176.17% 3.59% -0.80% 20.45% 2.40% 1.97% -2.69%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 27.37% 25.78% 23.72% 23.34% 22.08% 16.18% 29.22% 21.21% 20.10% 22.09%
EBIT Margin		 24.19% 22.69% 20.13% 20.13% 19.35% 11.90% 25.22% 18.13% 17.37% 19.55%
Profit (Net Income) Margin		 15.73% 15.17% 7.45% 17.16% 15.52% 8.69% 19.02% 14.21% 13.84% 15.36%
Tax Burden Percent		 65.04% 66.84% 37.01% 85.21% 80.19% 72.97% 75.40% 78.39% 79.65% 78.55%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 34.96% 33.16% 62.99% 14.79% 19.81% 27.03% 24.60% 21.61% 20.35% 21.45%
Return on Invested Capital (ROIC)		 6.63% 7.33% 3.65% 8.59% 7.90% 4.04% 11.39% 9.73% 9.79% 10.92%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.63% 7.33% 3.65% 8.59% 7.90% 4.04% 11.39% 9.73% 9.79% 10.92%
Return on Net Nonoperating Assets (RNNOA)		 18.34% 18.78% 10.52% 25.55% 21.90% 9.57% 24.30% 22.32% 21.95% 23.82%
Return on Equity (ROE)		 24.97% 26.11% 14.18% 34.13% 29.80% 13.61% 35.69% 32.05% 31.74% 34.74%
Cash Return on Invested Capital (CROIC)		 17.64% 7.98% -2.03% 0.56% 3.77% 29.22% 3.12% 0.54% -1.39% 5.62%
Operating Return on Assets (OROA)		 4.96% 5.03% 4.37% 4.39% 4.36% 2.20% 5.63% 4.60% 4.30% 4.84%
Return on Assets (ROA)		 3.22% 3.36% 1.62% 3.74% 3.49% 1.61% 4.24% 3.60% 3.42% 3.80%
Return on Common Equity (ROCE)		 24.97% 26.11% 14.18% 34.13% 29.80% 13.61% 35.69% 32.05% 31.74% 34.74%
Return on Equity Simple (ROE_SIMPLE)		 24.97% 26.22% 15.05% 31.05% 29.30% 13.64% 36.34% 30.41% 29.85% 33.47%
Net Operating Profit after Tax (NOPAT)		 5,163 5,375 2,748 6,921 6,759 3,135 8,060 7,514 8,374 10,129
NOPAT Margin		 15.73% 15.17% 7.45% 17.16% 15.52% 8.69% 19.02% 14.21% 13.84% 15.36%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 24.64% 32.47% 29.77% 29.07% 29.93% 34.54% 36.09% 33.39% 31.29% 30.51%
Operating Expenses to Revenue		 69.75% 71.59% 72.38% 71.56% 72.44% 74.99% 78.13% 77.74% 74.49% 72.58%
Earnings before Interest and Taxes (EBIT)		 7,938 8,042 7,425 8,122 8,429 4,296 10,689 9,585 10,513 12,895
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 8,981 9,137 8,746 9,415 9,617 5,839 12,384 11,211 12,164 14,571
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 2.91 2.96 4.29 3.37 4.13 4.04 5.51 4.34 4.80 6.89
Price to Tangible Book Value (P/TBV)		 2.91 2.96 4.29 3.37 4.13 4.04 5.51 4.34 4.80 6.89
Price to Revenue (P/Rev)		 1.83 1.71 2.13 1.86 2.19 2.57 2.88 2.03 2.22 3.16
Price to Earnings (P/E)		 11.64 11.29 28.52 10.85 14.11 29.59 15.15 14.27 16.07 20.59
Dividend Yield		 1.80% 1.80% 1.45% 1.64% 1.37% 1.49% 1.09% 1.39% 1.54% 0.91%
Earnings Yield		 8.59% 8.86% 3.51% 9.21% 7.09% 3.38% 6.60% 7.01% 6.22% 4.86%
Enterprise Value to Invested Capital (EV/IC)		 1.23 1.20 1.35 1.30 1.55 1.55 2.06 1.61 1.67 2.45
Enterprise Value to Revenue (EV/Rev)		 2.75 2.48 2.84 2.71 3.11 2.90 3.58 2.45 2.49 3.54
Enterprise Value to EBITDA (EV/EBITDA)		 10.04 9.63 11.96 11.62 14.08 17.94 12.26 11.57 12.37 16.00
Enterprise Value to EBIT (EV/EBIT)		 11.36 10.95 14.09 13.46 16.06 24.39 14.20 13.53 14.31 18.08
Enterprise Value to NOPAT (EV/NOPAT)		 17.47 16.38 38.06 15.80 20.03 33.42 18.83 17.26 17.96 23.02
Enterprise Value to Operating Cash Flow (EV/OCF)		 34.41 10.62 7.73 12.25 9.93 18.74 10.36 6.15 8.11 16.59
Enterprise Value to Free Cash Flow (EV/FCFF)		 6.57 15.05 0.00 242.48 42.00 4.62 68.84 310.29 0.00 44.69
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 2.56 2.56 3.24 2.76 2.79 1.95 2.32 2.27 2.22 2.15
Long-Term Debt to Equity		 2.32 2.29 3.06 2.62 2.51 1.87 1.74 1.72 1.71 1.64
Financial Leverage		 2.76 2.56 2.88 2.97 2.77 2.37 2.13 2.29 2.24 2.18
Leverage Ratio		 7.75 7.77 8.77 9.12 8.53 8.46 8.41 8.89 9.28 9.13
Compound Leverage Factor		 7.75 7.77 8.77 9.12 8.53 8.46 8.41 8.89 9.28 9.13
Debt to Total Capital		 71.89% 71.94% 76.39% 73.41% 73.59% 66.11% 69.90% 69.40% 68.94% 68.22%
Short-Term Debt to Total Capital		 6.54% 7.64% 4.24% 3.70% 7.38% 2.77% 17.40% 16.69% 15.94% 16.02%
Long-Term Debt to Total Capital		 65.35% 64.31% 72.15% 69.71% 66.21% 63.34% 52.50% 52.71% 52.99% 52.20%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 28.11% 28.06% 23.61% 26.59% 26.41% 33.89% 30.10% 30.60% 31.06% 31.78%
Debt to EBITDA		 5.89 5.75 6.76 6.53 6.68 7.68 4.16 5.00 5.12 4.46
Net Debt to EBITDA		 3.35 2.99 3.00 3.64 4.16 2.06 2.39 2.00 1.30 1.69
Long-Term Debt to EBITDA		 5.35 5.14 6.38 6.21 6.01 7.36 3.12 3.80 3.94 3.41
Debt to NOPAT		 10.24 9.78 21.50 8.89 9.51 14.30 6.39 7.46 7.44 6.41
Net Debt to NOPAT		 5.83 5.09 9.54 4.95 5.93 3.83 3.68 2.99 1.89 2.42
Long-Term Debt to NOPAT		 9.31 8.74 20.31 8.44 8.56 13.70 4.80 5.67 5.72 4.91
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 13,725 5,849 -1,523 451 3,224 22,669 2,205 418 -1,186 5,217
Operating Cash Flow to CapEx		 195.45% 602.98% 1,274.95% 681.68% 828.69% 378.28% 944.84% 1,136.33% 1,187.40% 735.22%
Free Cash Flow to Firm to Interest Expense		 8.46 3.43 -0.72 0.15 0.93 10.81 1.72 0.15 -0.17 0.63
Operating Cash Flow to Interest Expense		 1.61 4.86 6.41 3.03 3.94 2.66 11.41 7.63 2.71 1.70
Operating Cash Flow Less CapEx to Interest Expense		 0.79 4.06 5.91 2.59 3.46 1.96 10.21 6.96 2.48 1.47
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.20 0.22 0.22 0.22 0.23 0.19 0.22 0.25 0.25 0.25
Fixed Asset Turnover		 8.16 8.30 8.42 9.23 9.42 7.33 8.47 10.36 11.69 12.55
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 73,546 73,072 77,343 83,813 87,348 67,814 73,669 80,765 90,325 95,237
Invested Capital Turnover		 0.42 0.48 0.49 0.50 0.51 0.47 0.60 0.68 0.71 0.71
Increase / (Decrease) in Invested Capital		 -8,562 -474 4,271 6,470 3,535 -19,534 5,855 7,096 9,560 4,912
Enterprise Value (EV)		 90,198 88,034 104,601 109,359 135,400 104,774 151,783 129,702 150,429 233,136
Market Capitalization		 60,087 60,671 78,376 75,115 95,346 92,752 122,131 107,255 134,591 208,582
Book Value per Share		 $21.00 $22.40 $21.04 $26.09 $28.19 $28.54 $28.63 $33.07 $38.50 $42.96
Tangible Book Value per Share		 $21.00 $22.40 $21.04 $26.09 $28.19 $28.54 $28.63 $33.07 $38.50 $42.96
Total Capital		 73,546 73,072 77,343 83,813 87,348 67,814 73,669 80,765 90,325 95,237
Total Debt		 52,873 52,571 59,082 61,523 64,277 44,830 51,492 56,054 62,268 64,973
Total Long-Term Debt		 48,061 46,990 55,804 58,423 57,835 42,952 38,675 42,573 47,866 49,715
Net Debt		 30,111 27,363 26,225 34,244 40,054 12,022 29,652 22,447 15,838 24,554
Capital Expenditures (CapEx)		 1,341 1,375 1,062 1,310 1,645 1,478 1,550 1,855 1,563 1,911
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 52,873 52,571 59,082 61,523 64,277 44,830 51,492 56,054 62,268 64,973
Total Depreciation and Amortization (D&A)		 1,043 1,095 1,321 1,293 1,188 1,543 1,695 1,626 1,651 1,676
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $5.07 $5.67 $2.98 $7.93 $8.00 $3.77 $10.04 $9.86 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 999M 933M 883M 856M 828M 805M 789M 751M 735M 712M
Adjusted Diluted Earnings per Share		 $5.05 $5.65 $2.97 $7.91 $7.99 $3.77 $10.02 $9.85 $11.21 $14.01
Adjusted Weighted Average Diluted Shares Outstanding		 1.00B 935M 886M 859M 830M 806M 790M 752M 736M 713M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 964.05M 901.27M 860.28M 843.37M 808.04M 805.59M 759.35M 744.19M 723.87M 702.53M
Normalized Net Operating Profit after Tax (NOPAT)		 5,163 5,375 5,198 6,921 6,759 3,135 8,060 7,514 8,374 10,129
Normalized NOPAT Margin		 15.73% 15.17% 14.09% 17.16% 15.52% 8.69% 19.02% 14.21% 13.84% 15.36%
Pre Tax Income Margin		 24.19% 22.69% 20.13% 20.13% 19.35% 11.90% 25.22% 18.13% 17.37% 19.55%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 4.89 4.72 3.52 2.76 2.43 2.05 8.33 3.47 1.54 1.56
NOPAT to Interest Expense		 3.18 3.15 1.30 2.35 1.95 1.49 6.28 2.72 1.22 1.23
EBIT Less CapEx to Interest Expense		 4.06 3.91 3.01 2.31 1.96 1.34 7.12 2.80 1.31 1.33
NOPAT Less CapEx to Interest Expense		 2.35 2.35 0.80 1.91 1.48 0.79 5.07 2.05 0.99 1.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 22.70% 22.46% 45.52% 19.13% 21.04% 47.02% 17.97% 20.83% 21.26% 19.74%
Augmented Payout Ratio		 22.70% 106.14% 205.64% 43.48% 90.35% 79.84% 112.90% 67.43% 64.84% 79.17%

Quarterly Metrics and Ratios for American Express

This table displays calculated financial ratios and metrics derived from American Express' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 24.05% 16.72% 21.70% 12.39% 13.46% 11.45% 10.64% 8.50% 8.16% 8.73%
EBITDA Growth		 -0.69% -16.00% -17.46% 6.60% 22.88% 28.18% 37.71% 34.37% 3.17% 8.52%
EBIT Growth		 0.37% -18.86% -20.10% 7.51% 26.07% 34.26% 45.13% 38.62% 3.35% 9.71%
NOPAT Growth		 2.90% -8.55% -13.48% 10.69% 30.44% 22.96% 34.20% 38.68% 2.28% 12.26%
Net Income Growth		 2.90% -8.55% -13.48% 10.69% 30.44% 22.96% 34.20% 38.68% 2.28% 12.26%
EPS Growth		 8.81% -5.88% -12.09% 12.45% 33.60% 25.96% 38.75% 43.60% 5.76% 16.03%
Operating Cash Flow Growth		 8.05% 68.37% -109.72% -7.89% 82.87% -19.72% 1,572.68% 15.52% -121.98% -14.64%
Free Cash Flow Firm Growth		 -275.36% -33.56% -41.95% 21.67% 54.13% -38.07% -61.53% 32.68% 6.54% 64.05%
Invested Capital Growth		 28.95% 9.63% 9.92% 13.34% 12.31% 11.84% 13.96% 9.70% 10.49% 5.44%
Revenue Q/Q Growth		 1.20% 4.57% 0.74% 5.41% 2.17% 2.72% 0.01% 3.37% 1.86% 3.26%
EBITDA Q/Q Growth		 -2.31% -20.30% 12.15% 22.09% 12.60% -16.86% 20.48% 19.12% -13.54% -12.55%
EBIT Q/Q Growth		 -3.30% -23.91% 15.82% 26.17% 13.39% -18.97% 25.20% 20.51% -15.46% -13.98%
NOPAT Q/Q Growth		 -4.33% -16.34% 15.52% 19.71% 12.74% -21.13% 26.07% 23.72% -16.85% -13.44%
Net Income Q/Q Growth		 -4.33% -16.34% 15.52% 19.71% 12.74% -21.13% 26.07% 23.72% -16.85% -13.44%
EPS Q/Q Growth		 -3.89% -15.79% 15.38% 20.42% 14.19% -20.61% 27.10% 24.62% -15.90% -12.89%
Operating Cash Flow Q/Q Growth		 5.85% 87.05% -104.47% 1,140.58% 110.15% -17.89% -17.98% -18.37% -139.98% 418.87%
Free Cash Flow Firm Q/Q Growth		 -52.85% 65.10% -0.04% -46.78% 10.49% -5.06% -17.03% 38.83% -24.27% 59.59%
Invested Capital Q/Q Growth		 2.31% 2.40% 0.76% 7.36% 1.38% 1.97% 2.68% 3.34% 2.11% -2.69%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 21.19% 16.15% 17.97% 20.82% 22.94% 18.57% 22.37% 25.78% 21.89% 18.53%
EBIT Margin		 18.14% 13.20% 15.17% 18.16% 20.15% 15.90% 19.90% 23.20% 19.26% 16.04%
Profit (Net Income) Margin		 13.86% 11.09% 12.72% 14.44% 15.94% 12.24% 15.42% 18.46% 15.07% 12.63%
Tax Burden Percent		 76.41% 84.02% 83.80% 79.52% 79.06% 76.95% 77.49% 79.55% 78.25% 78.74%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 23.59% 15.98% 16.20% 20.48% 20.94% 23.05% 22.51% 20.45% 21.75% 21.26%
Return on Invested Capital (ROIC)		 10.06% 7.59% 9.07% 10.02% 11.21% 8.66% 10.99% 12.76% 10.44% 8.98%
ROIC Less NNEP Spread (ROIC-NNEP)		 10.06% 7.59% 9.07% 10.02% 11.21% 8.66% 10.99% 12.76% 10.44% 8.98%
Return on Net Nonoperating Assets (RNNOA)		 19.07% 17.41% 20.06% 22.98% 25.40% 19.41% 23.96% 28.80% 23.69% 19.59%
Return on Equity (ROE)		 29.13% 25.00% 29.13% 33.01% 36.61% 28.06% 34.95% 41.56% 34.12% 28.57%
Cash Return on Invested Capital (CROIC)		 -14.35% 0.54% -0.14% -3.46% -2.03% -1.39% -2.72% 1.49% 0.64% 5.62%
Operating Return on Assets (OROA)		 4.62% 3.35% 3.90% 4.60% 5.10% 3.93% 4.89% 5.68% 4.77% 3.97%
Return on Assets (ROA)		 3.53% 2.81% 3.26% 3.66% 4.03% 3.03% 3.79% 4.52% 3.73% 3.13%
Return on Common Equity (ROCE)		 29.13% 25.00% 29.13% 33.01% 36.61% 28.06% 34.95% 41.56% 34.12% 28.57%
Return on Equity Simple (ROE_SIMPLE)		 32.00% 0.00% 27.82% 27.87% 29.33% 0.00% 31.27% 33.30% 33.30% 0.00%
Net Operating Profit after Tax (NOPAT)		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
NOPAT Margin		 13.86% 11.09% 12.72% 14.44% 15.94% 12.24% 15.42% 18.46% 15.07% 12.63%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 32.46% 32.52% 33.25% 31.03% 30.40% 30.65% 31.43% 29.73% 29.75% 31.16%
Operating Expenses to Revenue		 76.12% 79.56% 77.44% 73.88% 71.83% 75.00% 72.07% 69.03% 72.59% 76.44%
Earnings before Interest and Taxes (EBIT)		 2,459 1,871 2,167 2,734 3,100 2,512 3,145 3,790 3,204 2,756
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 2,872 2,289 2,567 3,134 3,529 2,934 3,535 4,211 3,641 3,184
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 4.11 4.34 4.63 4.77 3.96 4.80 5.73 5.62 6.47 6.89
Price to Tangible Book Value (P/TBV)		 4.11 4.34 4.63 4.77 3.96 4.80 5.73 5.62 6.47 6.89
Price to Revenue (P/Rev)		 1.94 2.03 2.17 2.23 1.84 2.22 2.66 2.62 2.98 3.16
Price to Earnings (P/E)		 12.84 14.27 16.63 17.11 13.49 16.07 18.34 16.88 19.44 20.59
Dividend Yield		 1.45% 1.39% 1.29% 1.26% 1.53% 1.54% 1.06% 1.08% 0.96% 0.91%
Earnings Yield		 7.79% 7.01% 6.01% 5.84% 7.41% 6.22% 5.45% 5.92% 5.14% 4.86%
Enterprise Value to Invested Capital (EV/IC)		 1.56 1.61 1.66 1.67 1.42 1.67 1.88 1.87 2.17 2.45
Enterprise Value to Revenue (EV/Rev)		 2.42 2.45 2.44 2.55 2.13 2.49 2.82 2.84 3.29 3.54
Enterprise Value to EBITDA (EV/EBITDA)		 10.57 11.57 12.66 13.42 10.90 12.37 13.31 12.64 14.85 16.00
Enterprise Value to EBIT (EV/EBIT)		 12.29 13.53 14.94 15.79 12.72 14.31 15.21 14.32 16.81 18.08
Enterprise Value to NOPAT (EV/NOPAT)		 16.07 17.26 18.67 19.59 15.67 17.96 19.43 18.27 21.50 23.02
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.97 6.15 8.03 8.84 6.21 8.11 7.14 7.16 14.14 16.59
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 310.29 0.00 0.00 0.00 0.00 0.00 132.00 354.44 44.69
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 2.29 2.27 2.13 2.27 2.24 2.22 2.22 2.24 2.29 2.15
Long-Term Debt to Equity		 1.77 1.72 1.58 1.75 1.70 1.71 1.70 1.74 1.80 1.64
Financial Leverage		 1.90 2.29 2.21 2.29 2.27 2.24 2.18 2.26 2.27 2.18
Leverage Ratio		 8.25 8.89 8.92 9.02 9.08 9.28 9.22 9.19 9.15 9.13
Compound Leverage Factor		 8.25 8.89 8.92 9.02 9.08 9.28 9.22 9.19 9.15 9.13
Debt to Total Capital		 69.65% 69.40% 68.06% 69.44% 69.15% 68.94% 68.99% 69.18% 69.65% 68.22%
Short-Term Debt to Total Capital		 15.89% 16.69% 17.51% 15.96% 16.72% 15.94% 16.34% 15.42% 14.94% 16.02%
Long-Term Debt to Total Capital		 53.75% 52.71% 50.55% 53.48% 52.44% 52.99% 52.65% 53.75% 54.71% 52.20%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 30.35% 30.60% 31.94% 30.56% 30.85% 31.06% 31.01% 30.82% 30.35% 31.78%
Debt to EBITDA		 4.72 5.00 5.19 5.59 5.32 5.12 4.87 4.67 4.76 4.46
Net Debt to EBITDA		 2.13 2.00 1.38 1.70 1.51 1.30 0.75 0.96 1.42 1.69
Long-Term Debt to EBITDA		 3.64 3.80 3.86 4.30 4.03 3.94 3.72 3.63 3.74 3.41
Debt to NOPAT		 7.17 7.46 7.66 8.15 7.64 7.44 7.11 6.74 6.89 6.41
Net Debt to NOPAT		 3.23 2.99 2.04 2.48 2.18 1.89 1.09 1.38 2.06 2.42
Long-Term Debt to NOPAT		 5.53 5.67 5.69 6.28 5.80 5.72 5.43 5.24 5.41 4.91
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -15,828 -5,524 -5,526 -8,111 -7,260 -7,627 -8,926 -5,460 -6,785 -2,742
Operating Cash Flow to CapEx		 1,017.61% 1,643.66% -104.72% 1,043.35% 2,055.86% 1,588.97% 1,402.02% 802.12% -398.24% 1,167.27%
Free Cash Flow to Firm to Interest Expense		 -19.88 -4.58 -3.86 -4.86 -4.04 -3.92 -4.45 -2.65 -3.17 -1.34
Operating Cash Flow to Interest Expense		 5.66 6.99 -0.26 2.35 4.59 3.47 2.77 2.20 -0.85 2.83
Operating Cash Flow Less CapEx to Interest Expense		 5.11 6.56 -0.51 2.12 4.36 3.26 2.57 1.92 -1.06 2.59
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.25 0.25 0.26 0.25 0.25 0.25 0.25 0.24 0.25 0.25
Fixed Asset Turnover		 10.11 10.36 10.81 11.11 11.53 11.69 12.00 12.15 12.38 12.55
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 78,869 80,765 81,380 87,370 88,580 90,325 92,743 95,845 97,872 95,237
Invested Capital Turnover		 0.73 0.68 0.71 0.69 0.70 0.71 0.71 0.69 0.69 0.71
Increase / (Decrease) in Invested Capital		 17,707 7,096 7,342 10,285 9,711 9,560 11,363 8,475 9,292 4,912
Enterprise Value (EV)		 123,127 129,702 135,021 145,732 125,560 150,429 174,759 179,658 212,664 233,136
Market Capitalization		 98,377 107,255 120,262 127,313 108,128 134,591 164,924 166,060 192,297 208,582
Book Value per Share		 $31.93 $33.07 $34.93 $35.93 $37.10 $38.50 $39.89 $41.07 $41.79 $42.96
Tangible Book Value per Share		 $31.93 $33.07 $34.93 $35.93 $37.10 $38.50 $39.89 $41.07 $41.79 $42.96
Total Capital		 78,869 80,765 81,380 87,370 88,580 90,325 92,743 95,845 97,872 95,237
Total Debt		 54,929 56,054 55,388 60,667 61,256 62,268 63,979 66,305 68,165 64,973
Total Long-Term Debt		 42,393 42,573 41,138 46,725 46,447 47,866 48,826 51,521 53,546 49,715
Net Debt		 24,750 22,447 14,759 18,419 17,432 15,838 9,835 13,598 20,367 24,554
Capital Expenditures (CapEx)		 443 513 360 376 401 426 396 565 455 495
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 54,929 56,054 55,388 60,667 61,256 62,268 63,979 66,305 68,165 64,973
Total Depreciation and Amortization (D&A)		 413 418 400 400 429 422 390 421 437 428
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.47 $0.00 $2.41 $2.89 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 748M 751M 743M 740M 732M 735M 721M 716M 708M 712M
Adjusted Diluted Earnings per Share		 $2.47 $2.08 $2.40 $2.89 $3.30 $2.62 $3.33 $4.15 $3.49 $3.04
Adjusted Weighted Average Diluted Shares Outstanding		 749M 752M 744M 741M 733M 736M 722M 717M 709M 713M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 747.23M 744.19M 743.24M 736.46M 728.75M 723.87M 719.30M 710.91M 704.44M 702.53M
Normalized Net Operating Profit after Tax (NOPAT)		 1,879 1,572 1,816 2,174 2,451 1,933 2,437 3,015 2,507 2,170
Normalized NOPAT Margin		 13.86% 11.09% 12.72% 14.44% 15.94% 12.24% 15.42% 18.46% 15.07% 12.63%
Pre Tax Income Margin		 18.14% 13.20% 15.17% 18.16% 20.15% 15.90% 19.90% 23.20% 19.26% 16.04%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 3.09 1.55 1.51 1.64 1.72 1.29 1.57 1.84 1.50 1.35
NOPAT to Interest Expense		 2.36 1.30 1.27 1.30 1.36 0.99 1.21 1.46 1.17 1.06
EBIT Less CapEx to Interest Expense		 2.53 1.13 1.26 1.41 1.50 1.07 1.37 1.56 1.28 1.11
NOPAT Less CapEx to Interest Expense		 1.80 0.88 1.02 1.08 1.14 0.77 1.02 1.19 0.96 0.82
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 19.81% 20.83% 22.47% 22.56% 21.60% 21.26% 20.31% 19.17% 19.64% 19.74%
Augmented Payout Ratio		 95.95% 67.43% 53.56% 57.37% 63.90% 64.84% 71.74% 73.62% 79.19% 79.17%

Frequently Asked Questions About American Express' Financials

When does American Express's fiscal year end?

According to the most recent income statement we have on file, American Express' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has American Express' net income changed over the last 9 years?

American Express' net income appears to be on an upward trend, with a most recent value of $10.13 billion in 2024, rising from $5.16 billion in 2015. The previous period was $8.37 billion in 2023.

How has American Express revenue changed over the last 9 years?

Over the last 9 years, American Express' total revenue changed from $32.82 billion in 2015 to $65.95 billion in 2024, a change of 101.0%.

How much debt does American Express have?

American Express' total liabilities were at $241.20 billion at the end of 2024, a 3.5% increase from 2023, and a 71.7% increase since 2015.

How much cash does American Express have?

In the past 9 years, American Express' cash and equivalents has ranged from $1.29 billion in 2021 to $7.12 billion in 2023, and is currently $3.41 billion as of their latest financial filing in 2024.

How has American Express' book value per share changed over the last 9 years?

Over the last 9 years, American Express' book value per share changed from 21.00 in 2015 to 42.96 in 2024, a change of 104.5%.

Remove Ads

Related Companies

This page (NYSE:AXP) was last updated on 4/14/2025 by MarketBeat.com Staff
From Our Partners
Tariffs. Volatility. Fear. Here’s the Plan.
Wall Street's panicking over tariffs. Volatility's back with a vengeance. If you've been glued to the he...
Investors Alley | Sponsored
The Last Time This Happened, Americans Lost Billions
Wall Street leaders just held a secret meeting in Las Vegas. What they discussed mirrors 2006 — and the warnin...
Banyan Hill Publishing | Sponsored
Catastrophic
The losses are catastrophic... $760 billion wiped off the Magnificent 7, in a single day.
InvestorPlace | Sponsored
Trump 2028 could be a “bonanza” for investors
As you may have heard, Donald Trump is planning to run for a THIRD term in 2028. Recently he told NBC news ...
Paradigm Press | Sponsored
Musk’s AI Masterplan – Our #1 AI Stock to Buy Now
Did Elon Musk just set the stage for the next AI stock explosion? One 30-year Wall Street veteran thinks so...
Behind the Markets | Sponsored
🥾⛏️👷‍♂️ What I Learned From Numerous Mine Visits...
Twenty years ago, I made a decision that changed my life. Instead of sitting behind a desk analyzing mining...
Golden Portfolio | Sponsored
Crypto’s crashing…but we’re still profiting
Most traders are panicking right now. Bitcoin’s dropping. Altcoins are bleeding. The stock market’s a mess....
Crypto Swap Profits | Sponsored
$2 Trillion Disappears Because of Fed's Secretive New Move
$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...
Stansberry Research | Sponsored