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American Express AXP Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Net margin15.1%+0.3pp15.1%-0.2pp15%-0.4pp15%-0.4pp14.8%-0.8pp
Returns
Return on equity34.4%+1.6pp34.4%+0.1pp34%-0.7pp33.9%-0.8pp32.8%-2.2pp
Efficiency
Asset turnover0.3×0.0×0.3×0.0×0.3×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity1.7×-0.1×1.8×+0.1×1.8×0.0×1.8×0.0×1.8×0.0×
Per Share
Book value per share$50.49+9.2%$49.56+11.5%$48.09+13.3%$46.78+11.6%$46.22+12.2%
Valuation
Market capitalization$227.07B+9.3%$207.44B+10.0%$254.84B+21.9%$231.14B+19.9%$216.05B+29.7%
Price / earnings19.8×-0.6×18.5×+0.1×23.5×+2.9×21.9×+2.4×21.3×+4.4×
Price / sales0.0×2.8×0.0×3.5×+0.4×3.3×+0.3×3.1×+0.5×
Price / book6.6×+0.2×6.1×+0.1×7.6×+0.7×7.1×+0.6×6.7×+1.0×
Dividend yield1.1%0.0pp1.1%0.0pp0.9%-0.1pp1%-0.1pp1%-0.1pp

FAQ

Where do American Express's ratios come from?
Every ratio is computed from American Express's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.