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.

American Express AXP Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Net margin	60.1%-0.7pp	60.7%+7.2pp	53.5%-9.1pp	62.7%-9.2pp
Returns
Return on equity	135%-2.2pp	137.3%+14.6pp	122.7%-6.1pp	128.8%+7.3pp
Efficiency
Asset turnover	1×0.0×	1×0.0×	1×0.0×	1×+0.2×
Leverage
Debt-to-equity	7.1×0.0×	7.1×+0.1×	7×-0.3×	7.3×+0.6×
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%
Price / earnings	85.1×+9.8×	75.3×+10.9×	64.4×+4.9×	59.5×-13.0×
Price / sales	12.8×+1.3×	11.4×+2.8×	8.6×-0.8×	9.4×-3.4×
Price / book	27.5×+2.7×	24.7×+6.3×	18.5×-1.1×	19.5×-1.0×
Dividend yield	3.9%-0.3pp	4.2%-1.3pp	5.5%+0.2pp	5.3%+0.6pp

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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.