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American Express AXP Return on equity

Return on equity at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
17.8%+1.6pp
Deluxe logo
DeluxeDLX
15.8%+6.7pp
Capital One Financial logo
Capital One FinancialCOF
9.4%
Mastercard logo
MastercardMA
241.5%+63.6pp
Corpay logo
CorpayCPAY
33.8%+3.5pp
Visa logo
VisaV
61.2%+9.4pp

Other financials

Income statement

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Revenue$19.6B+10.0%
Net income$3.1B+7.8%
EPS (diluted)$4.53+11.0%

Balance sheet

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Cash & equivalents$45.2B-21.9%
Total debt$59.0B-1.1%
Total equity$34.3B+6.1%
Total assets$308.20B+4.3%

Cash flow

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Operating cash flow$5.4B+23.1%
CapEx$898.0M+45.1%
Free cash flow$4.5B+19.4%

Valuation

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Market cap$227.07B+9.3%
Enterprise value$240.88B+15.0%
P/E19.8×-0.6×
P/S0.0×

Profitability

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Net margin15.1%+0.3pp
FCF margin19.8%

Returns & leverage

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Debt / equity1.7×-0.1×

Where this comes from

Calculated from American Express’s reported figures.

Based on trailing twelve months.

The source filing: American Express’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 12:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000004962-26-000322

FAQ

What is American Express's return on equity?
American Express (AXP) reported return on equity of 34.4% in Q2 2026.
How has American Express's return on equity changed year-over-year?
American Express's return on equity increased by 4.8% year-over-year, from 32.8% to 34.4%.
What is the long-term trend for American Express's return on equity?
Over 5 years (2020 to 2025), American Express's return on equity has grown at a 20.1% compound annual growth rate (CAGR), from 13.6% to 34%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

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