American Express Company
Research American Express Company (AXP) on Bullrun: valuation model: 15.4% overvalued, market cap USD 208.01B, P/E 18.7, dividend yield 1.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAXP
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryCredit Services
- CurrencyUSD
- Valuation signal15.4% overvalued
- Market capUSD 208.01B
- P/E18.7
- Dividend yield1.2%
- Financial periodQ2 2026
- RevenueUSD 19.64B
- Net incomeUSD 3.11B
- Free cash flowUSD 4.47B
Valuation Snapshot
Bullrun's latest valuation model marks American Express Company as 15.4% overvalued; latest market cap is USD 208.01B; P/E is 18.7; dividend yield is 1.2%.
Peer valuation comparison
Latest P/E is 18.7x versus a Financial Services sector median of 13.39x (39.6% above).
Latest dividend yield is 1.18% versus a Financial Services sector median of 3.66% (67.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 41.30B | USD 10.83B | USD 16.00B | n/a | 15.38 | USD 47.79B | USD 57.76B | USD 33.47B |
| FY2024 | USD 38.83B | USD 10.13B | USD 12.14B | n/a | 14.01 | USD 40.64B | USD 51.09B | USD 30.26B |
| FY2023 | USD 37.22B | USD 8.37B | USD 17.00B | n/a | 11.21 | USD 46.60B | USD 49.16B | USD 28.06B |
| FY2022 | USD 34.22B | USD 7.51B | USD 19.22B | n/a | 9.85 | USD 33.37B | USD 43.92B | USD 24.71B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 208.01B | 18.7 | 1.5% | 4.49 |
| 2025 | 2025-12-31 | USD 253.79B | 24.1 | 0.9% | 3.16 |
| 2024 | 2024-12-31 | USD 208.35B | 21.2 | 0.9% | 2.7 |
| 2023 | 2023-12-29 | USD 136.52B | 17.6 | 1.2% | 2.32 |
| 2022 | 2022-12-30 | USD 110.40B | 14.8 | 1.3% | 1.99 |
| 2021 | 2021-12-31 | USD 124.50B | 16.4 | 1.1% | 1.72 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 4.49 USD, yield 1.2%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.28 USD |
| FY2024 | 2.8 USD |
| FY2023 | 2.4 USD |
| FY2022 | 2.08 USD |
About American Express Company
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.
ETFs that hold American Express Company
American Express Company is one of the ten largest holdings of 8 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P 500 Financials Sector UCITS ETF USD (Acc) | 2.37% | 0.15% |
| State Street SPDR S&P U.S. Financials Select Sector UCITS ETF | 2.37% | 0.15% |
| Xtrackers MSCI USA Financials UCITS ETF 1D | 2.39% | 0.12% |
| BNPP Easy Managed Futures | 3.73% | 0.60% |
| Amundi S&P 500 Financials UCITS ETF USD Acc | 2.13% | 0.12% |
| Invesco S&P World Financials ESG UCITS ETF Acc | 2.21% | 0.18% |
| Xtrackers MSCI Fintech Innovation UCITS ETF 1C USD Acc | 3.57% | 0.30% |
| Franklin S&P 500 Financials UCITS ETF USD Acc | 2.22% | 0.09% |
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Frequently asked questions
Is American Express Company overvalued or undervalued?
Bullrun's valuation model currently marks American Express Company as 15.4% overvalued.
What is American Express Company's market cap?
American Express Company's market capitalization is USD 208.01B.
What is American Express Company's P/E ratio?
American Express Company's price-to-earnings (P/E) ratio is 18.7.
Does American Express Company pay a dividend?
American Express Company has a dividend yield of 1.2%.
What does American Express Company do?
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.