American Express Company Website

American Express Company

NYSE-AXP

Company Overview

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

  • Name

    American Express Company

  • CEO

    —

  • Website

    www.americanexpress.com

  • Sector

    Consumer Finance

  • Year Founded

    1850

Company Statistics

Profile

  • Market Cap

    —

  • EV

    —

  • Shares Out

    —

  • Revenue

    —

  • Employees

    —

Margins

  • Gross

    —

  • EBITDA

    —

  • Operating

    —

  • Pre-Tax

    —

  • Net

    —

  • FCF

    —

Returns (5Yr Avg)

  • ROA

    —

  • ROTA

    —

  • ROE

    —

  • ROCE

    —

  • ROIC

    —

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    —

  • P/E

    —

  • PEG

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    —

  • Net Debt

    —

  • Debt/Equity

    —

  • EBIT/Interest

    —

Growth (CAGR)

  • Rev 3Yr

    —

  • Rev 5Yr

    —

  • Rev 10Yr

    —

  • Dil EPS 3Yr

    —

  • Dil EPS 5Yr

    —

  • Dil EPS 10Yr

    —

  • Rev Fwd 2Yr

    —

  • EBITDA Fwd 2Yr

    —

  • EPS Fwd 2Yr

    —

  • EPS LT Growth Est

    —

Dividends

  • Yield

    —

  • Payout

    —

  • DPS

    —

  • DPS Growth 3Yr

    —

  • DPS Growth 5Yr

    —

  • DPS Growth 10Yr

    —

  • DPS Growth Fwd 2Yr

    —

Bulls Say

  • American Express operates as a closed-loop network for the cards that it issues. This allows it to capture more of the economic profit of a single credit card payment than other credit card issuers.

  • American Express has found considerable success in growing its net interest income in recent years, enjoying better loan growth and lower credit costs than its peers.

  • American Express' effort to reposition its cards as lifestyle products for younger cardholders has been a success, and new card acquisition has risen significantly.

Bears Say

  • American Express operates with a narrower scope than many of its competitors, offering fewer deposit and lending products than other credit card issuers.

  • Despite much improved acceptance rates in the US, the company still trails other payment networks in international acceptance rates.

  • A weaker economy would be a major headwind on American Express' spending-centric business model, with the company's commercial cards already showing signs of deceleration.

Source: Morningstar Analysis - Nov 25, 2025

What's happening

Nov 15, 2025 - Dec 17, 2025

American Express Co Surges Amid Strong Consumer Spending Despite Loan Concerns

  • American Express reported a 9% increase in retail spending leading up to Thanksgiving, driven by premium customers.
  • The company faced challenges with rising loan delinquency rates and net write-off rates for consumer loans.
  • Investor sentiment remained optimistic due to strong holiday spending data and initiatives supporting local businesses.

Over the past month, American Express Co (AXP) has shown impressive performance, achieving an overall increase of 7.1%. This rise is particularly noteworthy when compared to the S&P 500's return of only 1.3%, resulting in AXP outperforming the broader market by a significant margin of 5.8%. Additionally, AXP surpassed the Financials (XLF) sector by 3.0%, indicating its strong position within its industry.

Key developments during this period included positive reports from American Express regarding robust consumer spending trends. CEO Stephen Squeri highlighted at the Goldman Sachs U.S. financial services conference that retail spending surged by 9% leading up to Thanksgiving through Cyber Monday, especially among premium customers. This positive momentum was further supported by subsequent reports showing similar growth in holiday spending figures.

However, not all news was favorable for AXP as concerns arose regarding loan performance metrics that affected investor confidence slightly towards the end of this timeframe. Reports indicated that U.S. card member loans past due stood at 1.4% as of November's end, alongside increasing net write-off rates for both consumer and small business loans which suggested potential credit quality issues within their portfolio.

Despite these challenges with loan delinquency rates impacting investor sentiment negatively toward the close of this period, AXP managed to maintain an upward trajectory in stock price relative to its peers and broader market indices like the S&P 500 thanks to increased consumer activity and successful initiatives such as Small Business Saturday aimed at supporting local businesses.

NYSE:AXP