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American Express AXP EMEA — Total revenues net of interest expense

Other geography segments

APAC Geographic Region
$5.22B+11.1%
Lacc Geographic Region
$4.19B+9.1%
Other Unallocated
-$271M+3.6%

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LAZEMEA — Net Revenue (Loss)
$323.9M-4.8%

Other financials

Income statement

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Revenue$18.9B+11.4%
Net income$3.0B+15.0%
EPS (diluted)$4.28+17.6%

Balance sheet

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Cash & equivalents$53.8B+2.4%
Total debt$60.4B+14.5%
Total equity$34.0B+9.0%
Total assets$308.89B+9.4%

Cash flow

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Operating cash flow$3.8B-20.2%
CapEx$1.1B+167%
Free cash flow$2.7B-38.7%

Valuation

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Market cap$244.57B+7.3%
Enterprise value$251.26B+9.4%
P/E21.8×-0.7×
P/S3.3×0.0×

Profitability

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Net margin15.1%-0.2pp
FCF margin19.3%

Returns & leverage

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Return on equity34.4%+0.1pp
Debt / equity1.8×+0.1×

Where this comes from

Reported directly by American Express in its filing.

Tagged under the XBRL concept us-gaap:RevenuesNetOfInterestExpense.

The official record: American Express’s 10-K, filed February 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Express's EMEA — total revenues net of interest expense?
American Express (AXP) reported EMEA — total revenues net of interest expense of $1.77B in Q4 2025.
How has American Express's EMEA — total revenues net of interest expense changed year-over-year?
American Express's EMEA — total revenues net of interest expense increased by 13.8% year-over-year, from $1.55B to $1.77B.
What is the long-term trend for American Express's EMEA — total revenues net of interest expense?
Over 4 years (2021 to 2025), American Express's EMEA — total revenues net of interest expense has grown at a 18.0% compound annual growth rate (CAGR), from $3.64B to $7.07B.
What does EMEA — total revenues net of interest expense mean?
This metric represents the total revenue generated by the company's operations within the Europe, Middle East, and Africa region, after deducting interest expenses incurred to fund those activities. It reflects the top-line financial performance of the geographic segment, capturing income from card member spending, merchant fees, and other financial services provided in these markets. This figure serves as a primary indicator of the company's market penetration and growth momentum within the EMEA region.