American Financial Statements From 2010 to 2024

AXP Stock  USD 304.25  1.32  0.43%   
American Express financial statements provide useful quarterly and yearly information to potential American Express investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on American Express financial statements helps investors assess American Express' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting American Express' valuation are summarized below:
Gross Profit
28.8 B
Profit Margin
0.167
Market Capitalization
215.3 B
Enterprise Value Revenue
4.1915
Revenue
59.2 B
There are currently one hundred twenty fundamental signals for American Express that can be evaluated and compared over time across rivals. Investors and active traders are advised to validate American Express' prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/28/2024, Enterprise Value is likely to grow to about 38.7 B, while Market Cap is likely to drop slightly above 9.1 B.

American Express Total Revenue

63.38 Billion

Check American Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Express' main balance sheet or income statement drivers, such as Interest Expense of 7.2 B, Other Operating Expenses of 47.3 B or Operating Income of 6.7 B, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0208 or PTB Ratio of 2.99. American financial statements analysis is a perfect complement when working with American Express Valuation or Volatility modules.
  
Check out the analysis of American Express Correlation against competitors.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.

American Express Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding966.6 M736 M960.1 M
Slightly volatile
Total Assets169.3 B261.1 B178.4 B
Slightly volatile
Short and Long Term Debt Total50.9 B49.2 B53.2 B
Pretty Stable
Total Current Liabilities154.2 B146.9 B34.9 B
Slightly volatile
Total Stockholder Equity16.1 B28.1 B20.2 B
Slightly volatile
Property Plant And Equipment Net3.6 B5.1 B4.3 B
Slightly volatile
Net Debt2.5 B2.6 B25.8 B
Slightly volatile
Retained Earnings20.6 B19.6 B11.7 B
Slightly volatile
Cash48.9 B46.5 B27.4 B
Slightly volatile
Non Current Assets Total8.6 B9.1 B28.3 B
Pretty Stable
Cash And Short Term Investments90.4 B86.1 B35.3 B
Slightly volatile
Liabilities And Stockholders Equity169.3 B261.1 B178.4 B
Slightly volatile
Non Current Liabilities Total247.1 B235.3 B82.5 B
Slightly volatile
Other Stockholder Equity9.1 B11.4 B11.2 B
Pretty Stable
Total Liabilities153.2 B233.1 B158.2 B
Slightly volatile
Property Plant And Equipment Gross15.8 B15 BB
Slightly volatile
Total Current Assets153.6 B146.3 B62.1 B
Slightly volatile
Short Term Debt1.2 B1.3 B4.1 B
Slightly volatile
Net Receivables37.3 B60.2 B44.4 B
Pretty Stable
Common Stock Total Equity173.6 M134.1 M186 M
Slightly volatile
Other Liabilities19.3 B30.7 B20.5 B
Slightly volatile
Accounts Payable10.2 B13.1 B11.6 B
Very volatile
Long Term Debt45.4 B47.9 B48.2 B
Very volatile
Intangible Assets93.1 M98 M515.7 M
Slightly volatile
Property Plant EquipmentBB4.3 B
Slightly volatile
Good WillB3.9 B3.2 B
Slightly volatile
Net Tangible Assets21.8 B28.4 B20.5 B
Slightly volatile
Long Term Debt Total42.5 B38.7 B51.4 B
Slightly volatile
Capital Surpluse9.8 B10.3 B11.9 B
Slightly volatile
Non Current Liabilities Other27 B43 B26 B
Slightly volatile
Long Term Investments2.1 B2.2 B34.3 B
Slightly volatile
Short and Long Term Debt1.2 B1.3 B26.4 B
Slightly volatile
Current Deferred Revenue95.7 B129.1 B74.6 B
Slightly volatile
Capital Lease Obligations2.6 M2.7 M18.3 M
Slightly volatile
Cash And Equivalents27.9 B39.1 B24.6 B
Slightly volatile
Net Invested Capital54.7 B77.2 B71.6 B
Slightly volatile
Capital Stock125.5 M145 M161.8 M
Slightly volatile

American Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses47.3 B45.1 B20.5 B
Slightly volatile
Operating Income6.7 B10.8 B8.8 B
Pretty Stable
EBITDA8.2 B14.3 B10.1 B
Slightly volatile
Net Income8.8 B8.4 B5.6 B
Slightly volatile
Depreciation And Amortization1.6 B1.7 B8.2 B
Slightly volatile
Selling General Administrative5.9 B8.1 B6.2 B
Very volatile
Selling And Marketing ExpensesB5.2 B6.5 B
Pretty Stable
Total Revenue63.4 B60.4 B38.8 B
Slightly volatile
Gross Profit26.2 B34.5 B28 B
Pretty Stable
Income Before Tax5.4 B10.5 B7.5 B
Slightly volatile
Cost Of Revenue16.1 B25.9 B17.9 B
Pretty Stable
Net Income Applicable To Common Shares4.7 B8.5 B5.5 B
Slightly volatile
Net Income From Continuing Ops6.2 B8.4 B5.8 B
Slightly volatile
Tax Provision1.9 B2.1 B2.5 B
Slightly volatile
Net Interest Income9.2 B13.1 B7.4 B
Slightly volatile
Interest Income12.4 B20 B9.9 B
Slightly volatile
Reconciled Depreciation1.6 B1.7 B1.4 B
Slightly volatile

American Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow17.8 B17 B10.5 B
Slightly volatile
Begin Period Cash Flow35.6 B33.9 B24.9 B
Slightly volatile
Depreciation902.7 M1.7 B1.2 B
Slightly volatile
Dividends Paid1.9 B1.8 B1.2 B
Slightly volatile
Capital ExpendituresB1.6 B1.3 B
Slightly volatile
Total Cash From Operating Activities19.5 B18.6 B11.8 B
Slightly volatile
Net Income8.8 B8.4 B5.6 B
Slightly volatile
End Period Cash Flow48.9 B46.6 B27.6 B
Slightly volatile
Stock Based Compensation322.1 M450 M306.5 M
Slightly volatile
Issuance Of Capital Stock26.6 M28 M178.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.592.28112.2386
Pretty Stable
Dividend Yield0.02080.01290.0154
Pretty Stable
PTB Ratio2.994.90774.0353
Slightly volatile
Days Sales Outstanding422419444
Slightly volatile
Book Value Per Share40.0838.172824.0282
Slightly volatile
Free Cash Flow Yield0.140.12340.1329
Slightly volatile
Operating Cash Flow Per Share26.5125.250313.7096
Slightly volatile
Stock Based Compensation To Revenue0.00930.00750.0084
Slightly volatile
Capex To Depreciation0.820.94671.1958
Slightly volatile
PB Ratio2.994.90774.0353
Slightly volatile
EV To Sales2.622.32473.0957
Slightly volatile
Free Cash Flow Per Share24.2823.123812.1806
Slightly volatile
ROIC0.09010.1110.0994
Pretty Stable
Inventory Turnover0.680.710.8104
Slightly volatile
Net Income Per Share11.9611.39326.4728
Slightly volatile
Days Of Inventory On Hand502528826
Slightly volatile
Payables Turnover1.031.9721.1028
Slightly volatile
Sales General And Administrative To Revenue0.130.13360.1843
Slightly volatile
Capex To Revenue0.03830.02590.0376
Slightly volatile
Cash Per Share66.7163.53234.8919
Slightly volatile
POCF Ratio9.457.41938.2191
Slightly volatile
Interest Coverage2.661.57134.1191
Very volatile
Payout Ratio0.370.21260.2533
Pretty Stable
Capex To Operating Cash Flow0.080.08420.1272
Pretty Stable
PFCF Ratio12.248.10169.7074
Slightly volatile
Days Payables Outstanding335185355
Slightly volatile
Income Quality2.722.21632.3726
Pretty Stable
ROE0.180.29850.2538
Pretty Stable
EV To Operating Cash Flow7.187.56110.7678
Pretty Stable
PE Ratio13.816.443116.7518
Pretty Stable
Return On Tangible Assets0.01790.03260.0297
Very volatile
EV To Free Cash Flow7.848.256312.5517
Pretty Stable
Earnings Yield0.07330.06080.0653
Pretty Stable
Intangibles To Total Assets0.02390.01510.0213
Slightly volatile
Net Debt To EBITDA0.170.18352.9597
Slightly volatile
Current Ratio1.530.99613.0979
Pretty Stable
Tangible Book Value Per Share34.4432.819.9293
Slightly volatile
Receivables Turnover1.091.151.8073
Pretty Stable
Graham Number10498.921658.8316
Slightly volatile
Shareholders Equity Per Share40.0838.172824.0282
Slightly volatile
Debt To Equity1.661.75212.7175
Slightly volatile
Capex Per Share2.232.12651.529
Slightly volatile
Average Receivables881.4 MB1.1 B
Slightly volatile
Revenue Per Share86.2382.126544.7177
Slightly volatile
Interest Debt Per Share80.0176.201461.7484
Slightly volatile
Debt To Assets0.240.18830.3008
Slightly volatile
Enterprise Value Over EBITDA14.479.793712.1851
Slightly volatile
Short Term Coverage Ratios15.0714.35345.3252
Slightly volatile
Price Earnings Ratio13.816.443116.7518
Pretty Stable
Operating Cycle346364867
Slightly volatile
Price Book Value Ratio2.994.90774.0353
Slightly volatile
Days Of Payables Outstanding335185355
Slightly volatile
Dividend Payout Ratio0.370.21260.2533
Pretty Stable
Price To Operating Cash Flows Ratio9.457.41938.2191
Slightly volatile
Price To Free Cash Flows Ratio12.248.10169.7074
Slightly volatile
Pretax Profit Margin0.140.17420.201
Pretty Stable
Ebt Per Ebit0.930.97690.7631
Slightly volatile
Operating Profit Margin0.290.17830.2913
Slightly volatile
Effective Tax Rate0.310.20350.2942
Pretty Stable
Company Equity Multiplier12.999.30639.7018
Pretty Stable
Long Term Debt To Capitalization0.50.63050.6894
Slightly volatile
Total Debt To Capitalization0.840.63660.7305
Slightly volatile
Return On Capital Employed0.10.09420.0697
Pretty Stable
Debt Equity Ratio1.661.75212.7175
Slightly volatile
Ebit Per Revenue0.290.17830.2913
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.465.55164.3808
Very volatile
Net Income Per E B T0.570.79650.6981
Very volatile
Cash Ratio0.30.31682.4042
Very volatile
Operating Cash Flow Sales Ratio0.220.30750.3002
Pretty Stable
Days Of Inventory Outstanding502528826
Slightly volatile
Days Of Sales Outstanding422419444
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.660.91580.8555
Pretty Stable
Cash Flow Coverage Ratios0.40.37750.2334
Slightly volatile
Price To Book Ratio2.994.90774.0353
Slightly volatile
Fixed Asset Turnover6.7711.74838.3187
Slightly volatile
Capital Expenditure Coverage Ratio6.4111.8748.2889
Pretty Stable
Price Cash Flow Ratio9.457.41938.2191
Slightly volatile
Enterprise Value Multiple14.479.793712.1851
Slightly volatile
Debt Ratio0.240.18830.3008
Slightly volatile
Cash Flow To Debt Ratio0.40.37750.2334
Slightly volatile
Price Sales Ratio1.592.28112.2386
Pretty Stable
Return On Assets0.01770.03210.0291
Very volatile
Asset Turnover0.140.23120.1993
Pretty Stable
Net Profit Margin0.0960.13870.1403
Very volatile
Gross Profit Margin0.70.57170.6697
Slightly volatile
Price Fair Value2.994.90774.0353
Slightly volatile
Return On Equity0.180.29850.2538
Pretty Stable

American Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.1 B11.8 B12.6 B
Pretty Stable
Enterprise Value38.7 B36.4 B32.7 B
Slightly volatile

American Fundamental Market Drivers

Forward Price Earnings20.1207
Cash And Short Term Investments86.1 B

American Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
24th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About American Express Financial Statements

American Express shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although American Express investors may analyze each financial statement separately, they are all interrelated. The changes in American Express' assets and liabilities, for example, are also reflected in the revenues and expenses on on American Express' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue129.1 B95.7 B
Total Revenue60.4 B63.4 B
Cost Of Revenue25.9 B16.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.13 
Capex To Revenue 0.03  0.04 
Revenue Per Share 82.13  86.23 
Ebit Per Revenue 0.18  0.29 

Pair Trading with American Express

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Express will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

  0.76V Visa Class APairCorr
  0.76DHIL Diamond Hill InvestmentPairCorr
  0.7AB AllianceBernsteinPairCorr
  0.79AC Associated CapitalPairCorr
  0.96BN Brookfield CorpPairCorr

Moving against American Stock

  0.74XP Xp Inc Downward RallyPairCorr
  0.63WU Western UnionPairCorr
  0.55PT Pintec TechnologyPairCorr
  0.37RM Regional Management CorpPairCorr
The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Express to buy it.
The correlation of American Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for American Stock Analysis

When running American Express' price analysis, check to measure American Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.