Stocks / Finance · Consumer finance

AXP

American Express Company AXP

Finance · Consumer finance

$319.11−1.42% dayFri Oct 30 close

Not in a dip by our rules: 17% below its 52-week high.

A quality company. No fair value estimate for now: our model doesn’t fit it reliably.

Not in a dip

Get alerts

Fair value est.: n/a
Market Value: $316.71price +1%
Off 52-wk high: −17%
Risk vs market: Market-likebeta 0.92

5 bullish · 5 bearish See why

Market ValueDrag across the chart to see any day

Key levels

Every level vs today’s $319.11

52-wk lowlowest close, 1 year$292.27−8.4%
Market Valueavg paid since Oct 23$316.71−0.8%
PriceFri Oct 30 close$319.11you are here
52-wk highhighest close, 1 year$384.89+20.6%

Fair value estimate

Estimate unreliable for AXP: returns on book are very high (31% a year, above the 30% our model allows), which means most of the value sits in a fee or brand business that book value doesn't capture. We’d rather show nothing than a made-up number.

Risk vs market

How risk vs market is measured

One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much AXP moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.

Market-like

Moves about in line with the market, and its own price swings are 2.0× the S&P 500’s.

Beta vs S&P 500: 0.92
Volatility: 26% vs 13% SPY
Correlation SPY: 0.46
Correlation QQQ: 0.29

Bull vs bear

Rule-based from the data on this page, strongest first. Not advice.

Top bullish points 5 of 5

ProfitabilityReturn on equity of 36% over the last 12 months.
Cash returnsShare count down 2.7% in a year: $6.7B of buybacks over 12 months.
GrowthSales grew 10% to $77.6B over the last 12 months vs the 12 months before (SEC filings).
GrowthSales grew 11% a year over the last three fiscal years, above the 9.3% median for the 144 Finance companies we cover.
QualityPasses all four of our quality checks: cash generation, returns on capital, growth and balance sheet.

Top bearish points 5 of 5

ValuationPrice / book of 6.1×, above the 1.8× median for the 143 Finance companies we cover.
ValuationP/E of 17.8×, above the 13.5× median for the 151 Finance companies we cover.
GrowthDiluted EPS grew 9.8% in the last fiscal year, below the 17% median for the 137 Finance companies we cover.
ProfitabilityNet margin of 16%, below the 21% median for the 142 Finance companies we cover.
RiskCyclical business: one strong year of cash flow can make it look cheaper than it is.

Who’s talking about it

Notable investors, executives, analysts and public figures on American Express Company in the last 48 hours. Headlines as published, each linked. Their words, not ours.

No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.

Compare with peers

Closest in size in Consumer finance

CompanyPrice1 yearvs fair valueP/EMkt cap

SPGIS&P Global$466.55+1.3%+0%−4%27.3×$134B MCOMoody's$493.91+1.0%+3%−8%29.7×$84B NUNu$11.61−3.7%−28%n/a20.4×$58B COINCoinbase Global$143.54−10.6%−56%n/an/a$42B RKTRocket Companies$12.80+7.4%−20%n/a25.9×$34B AFRMAffirm$73.47−1.8%+7%n/a13.2×$25B

All fundamentals

P/E 17.8 · ROE 36% · Sales +10%

Valuation

P/E: 17.8×3-yr-end avg 20.6× · Finance median 13.5×
Price / FCF: n/acash flow isn't a clean measure for a lender
FCF yield: n/acash flow isn't a clean measure for a lender
EV / EBITDA: n/anot meaningful for a lender
Price / sales: 2.80×
Price / book: 6.06×
Market cap: $217Blisted
Enterprise value: $234B

Growth

Revenue, 12 months: $77.6Bnet interest income + noninterest income
Sales growth, 12 months: +10.2%vs the 12 months before
Sales growth, 3 yrs: +11.0%/yrfrom FY2022
Diluted EPS, 12 months: $17.75
EPS growth, last FY: +9.8%
Net income, 12 months: $12.2B
Net income growth: +17%12 months vs before

Profitability

Gross margin: n/anot meaningful for a lender
Operating margin: n/anot reported in its SEC filings
Net margin: 15.7%
FCF margin: 17.9%
Return on equity: 36%
Return on invested capital: n/anot meaningful for a lender

Balance sheet

Cash & short-term inv.: $43.4B
Total debt: $60.0B
Net cash: n/anot meaningful for a lender
Debt / equity: n/adeposits/float make debt/equity not comparable for a lender
Interest coverage: n/anot meaningful for a lender

Cash flow & returns

Free cash flow, 12 months: $13.9B
FCF growth, 12 months: −27%
Dividend yield: 1.15%$2.5B paid
Payout ratio: 21%
Buybacks, 12 months: $6.7B3.1% of market cap
Share count, 1 year: −2.7%diluted shares vs a year ago
Stock-based comp: $636M

Trailing 12 months to Sep 30, 2026; balance sheet at Sep 30, 2026. From American Express Company’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.

Valuation details

MV $316.71

How

Market ValueAverage paid since the Oct 23 filing, 6 trading days

$316.71price +1%

Fair value estimaten/a — Financials model: returns on book are very high (31% a year, above the 30% our model allows), which means most of the value sits in a fee or brand business that book value doesn't capture

n/a

FCF valueNot meaningful for banks and insurers

n/a

Setup & signals

No setup armed

All setups

No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only arm once a company is in a dip.

Momentum & 52-week range

RSI 54 · 5 days +1.9%

$319.11nowMV

52-wk low $292.27high $384.89

Off 52-wk high−17.1%

5 days+1.9%

vs 50-day avg+0.6%

vs 200-day avg−2.1%

RSI (14)54

Market cap$217B

The business

FCF $15.1B · Sales +10%

Free cash flow, 12 months$15.1B
Free-cash-flow yield6.9%
Return on equity34%
Sales growth (latest quarter vs year-ago quarter)+10%

Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.

Get a text when AXP fires a reversal signal

One text when a published rule fires on AXP or any of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.