# American Express Company (AXP) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Consumer Finance. Price $326.16, market value $220.3 billion.

## Valuation
- **P/E (trailing): 19.8×** (5-yr avg 18.1×, 3-yr avg 20.3×). American Express Company trades at 19.8× trailing earnings, close to its own five-year average of 18.1×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 16.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.66**. A PEG of 1.66 is in the range usually read as fairly priced for its growth.
- **Price / sales: 4.3×**. Each dollar of revenue is priced at 4.3×.
- **Price / book: 6.4×**. The shares trade at 6.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 6.8%** (5-yr avg 10.7%). Free cash flow equals 6.8% of the market value, below its five-year average of 10.7%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 5.0%**. The inverse of the P/E: 5.0% of the price is earned each year.

## Profitability
- **Net margin: 26.2%**. 26.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 32.4%**. 32.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 3.8%**. Each dollar of assets produces 3.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 6.4%** (3-yr 6.5%/yr, 5-yr 13.5%/yr). Revenue grew 6.4% over the last year, against 13.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 9.8%** (3-yr 16.0%/yr, 5-yr 32.5%/yr). Earnings per share rose 9.8%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -5.9%/yr**. Free cash flow has compounded at -5.9% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.17%** ($3.54 per share, trailing). American Express Company yields 1.17%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 21%** (16% of free cash flow). 21% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 21**. 21 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 12.9%/yr** (1-yr 17.0%). The dividend has compounded at 12.9% a year over five years, doubling roughly every 6 years at that pace.

## Analyst view
- **Analyst consensus: buy** (25 analysts). 25 analysts cover American Express Company; the consensus is buy, with an average price target of $375.96 (+15% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -0.3%** (YTD -11.1%, 3-mo 5.3%). The shares are down 0.3% over twelve months including dividends.
- **From 52-week high: -15.8%** (12.1% above the low). Trading 16% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.98** (volatility 27%). Beta of 0.98 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AXP · Page: https://foliofundamentals.com/stocks/axp

Not investment advice.