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American Express AXP Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Net margin60.1%-0.7pp60.7%+7.2pp53.5%-9.1pp62.7%-9.2pp
Returns
Return on equity135%-2.2pp137.3%+14.6pp122.7%-6.1pp128.8%+7.3pp
Return on assets14.8%-0.2pp15%+1.4pp13.5%-1.9pp15.4%+0.6pp
Efficiency
Asset turnover0.0×0.0×0.0×+0.2×
Leverage
Debt-to-equity7.1×0.0×7.1×+0.1×-0.3×7.3×+0.6×
Debt-to-assets0.8×0.0×0.8×0.0×0.8×-0.1×0.8×0.0×
Per Share
Book value per share$185.54+12.2%$165.38+13.0%$146.37+16.9%$125.21+3.2%
Valuation
Market capitalization$890.67B+21.6%$732.37B+46.9%$498.6B+9.0%$457.55B-7.4%
Enterprise value$908.34B+21.5%$747.46B+45.5%$513.62B+0.7%$510.24B-4.6%
Price / earnings85.1×+9.8×75.3×+10.9×64.4×+4.9×59.5×-13.0×
Price / sales12.8×+1.3×11.4×+2.8×8.6×-0.8×9.4×-3.4×
Price / book27.5×+2.7×24.7×+6.3×18.5×-1.1×19.5×-1.0×
EV / sales13×+1.4×11.7×+2.8×8.9×-1.6×10.5×-3.4×
Earnings yield19%-2.4pp21.4%-3.7pp25.1%-2.2pp27.3%+4.9pp
Dividend yield3.9%-0.3pp4.2%-1.3pp5.5%+0.2pp5.3%+0.6pp
PEG ratio14.8×+11.7×3.1×

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Questions, answered.

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.