American Financial Statements From 2010 to 2024

AXP Stock  USD 239.12  0.16  0.07%   
American Express financial statements provide useful quarterly and yearly information to potential American Express investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on American Express financial statements helps investors assess American Express' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting American Express' valuation are summarized below:
Gross Profit
28.8 B
Profit Margin
0.1581
Market Capitalization
171.9 B
Revenue
56.9 B
Earnings Share
12.14
There are currently one hundred twenty fundamental signals for American Express that can be evaluated and compared over time across rivals. Investors and active traders are advised to validate American Express' prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/25/2024, Enterprise Value is likely to grow to about 38.7 B, while Market Cap is likely to drop slightly above 9.1 B.

American Express Total Revenue

63.38 Billion

Check American Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Interest Expense of 7.2 B, Other Operating Expenses of 52.3 B or Operating Income of 6.7 B, as well as many exotic indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0208 or PTB Ratio of 2.99. American financial statements analysis is a perfect complement when working with American Express Valuation or Volatility modules.
  
This module can also supplement American Express' financial leverage analysis and stock options assessment as well as various American Express Technical models . Check out the analysis of American Express Correlation against competitors.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.

American Express Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding966.6 M736 M960.1 M
Slightly volatile
Total Assets169.3 B261.1 B178.4 B
Slightly volatile
Short and Long Term Debt Total50.9 B49.2 B53.1 B
Pretty Stable
Total Current Liabilities150.7 B143.5 B34.5 B
Slightly volatile
Total Stockholder Equity16.1 B28.1 B20.2 B
Slightly volatile
Property Plant And Equipment Net3.6 B5.1 B4.3 B
Slightly volatile
Net Debt2.5 B2.6 B25.8 B
Slightly volatile
Retained Earnings20.6 B19.6 B11.7 B
Slightly volatile
Cash48.9 B46.5 B27.4 B
Slightly volatile
Non Current Assets Total4.9 B5.1 B27.8 B
Pretty Stable
Cash And Short Term Investments50.7 B48.3 B30.2 B
Slightly volatile
Liabilities And Stockholders Equity169.3 B261.1 B178.4 B
Slightly volatile
Non Current Liabilities Total94 B89.5 B62.6 B
Slightly volatile
Other Stockholder Equity9.2 B11.4 B11.2 B
Pretty Stable
Total Liabilities153.2 B233.1 B158.2 B
Slightly volatile
Property Plant And Equipment Gross15.8 B15 BB
Slightly volatile
Total Current Assets153.6 B146.3 B62.1 B
Slightly volatile
Short Term Debt1.2 B1.3 B4.1 B
Slightly volatile
Net Receivables36 B63.9 B41.8 B
Very volatile
Common Stock Total Equity173.6 M134.1 M186 M
Slightly volatile
Other Liabilities19.3 B30.7 B20.5 B
Slightly volatile
Accounts Payable10.2 B13.1 B11.6 B
Very volatile
Long Term Debt45.4 B47.9 B48.2 B
Very volatile
Intangible Assets93.1 M98 M515.7 M
Slightly volatile
Property Plant EquipmentBB4.3 B
Slightly volatile
Good WillB3.9 B3.2 B
Slightly volatile
Net Tangible Assets21.8 B28.4 B20.5 B
Slightly volatile
Long Term Debt Total42.5 B38.7 B51.4 B
Slightly volatile
Capital Surpluse9.8 B10.3 B11.9 B
Slightly volatile
Non Current Liabilities Other27 B43 B26 B
Slightly volatile
Long Term Investments2.1 B2.2 B34.3 B
Slightly volatile
Short and Long Term Debt1.2 B1.3 B26.4 B
Slightly volatile
Current Deferred Revenue95.7 B129.1 B74.6 B
Slightly volatile
Capital Lease Obligations2.6 M2.7 M18.3 M
Slightly volatile
Cash And Equivalents27.9 B39.1 B24.6 B
Slightly volatile
Net Invested Capital54.7 B77.2 B71.6 B
Slightly volatile
Capital Stock125.5 M145 M161.8 M
Slightly volatile

American Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses52.3 B49.9 B21.2 B
Slightly volatile
Operating Income6.7 B10.5 B8.8 B
Pretty Stable
EBIT7.3 B10.5 B8.9 B
Slightly volatile
EBITDA8.1 B12.2 B10 B
Slightly volatile
Net Income8.8 B8.4 B5.6 B
Slightly volatile
Depreciation And Amortization902.7 M1.7 B1.2 B
Slightly volatile
Selling General Administrative5.9 B8.1 B6.2 B
Very volatile
Selling And Marketing ExpensesB5.2 B6.5 B
Pretty Stable
Total Revenue63.4 B60.4 B38.8 B
Slightly volatile
Gross Profit27.3 B34.5 B30.5 B
Pretty Stable
Income Before Tax5.4 B10.5 B7.5 B
Slightly volatile
Cost Of Revenue16 B25.9 B17.7 B
Pretty Stable
Net Income Applicable To Common Shares4.7 B8.5 B5.5 B
Slightly volatile
Net Income From Continuing Ops6.2 B8.4 B5.8 B
Slightly volatile
Tax Provision1.9 B2.1 B2.5 B
Slightly volatile
Net Interest Income9.2 B13.1 B7.4 B
Slightly volatile
Interest Income12.4 B20 B9.9 B
Slightly volatile
Reconciled Depreciation1.6 B1.7 B1.4 B
Slightly volatile

American Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow17.8 B17 B10.5 B
Slightly volatile
Begin Period Cash Flow35.6 B33.9 B24.9 B
Slightly volatile
Depreciation902.7 M1.7 B1.2 B
Slightly volatile
Dividends Paid1.9 B1.8 B1.2 B
Slightly volatile
Capital ExpendituresB1.6 B1.3 B
Slightly volatile
Total Cash From Operating Activities19.5 B18.6 B11.8 B
Slightly volatile
Net Income8.8 B8.4 B5.6 B
Slightly volatile
End Period Cash Flow48.9 B46.6 B27.6 B
Slightly volatile
Stock Based Compensation322.1 M450 M306.5 M
Slightly volatile
Issuance Of Capital Stock26.6 M28 M178.1 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.592.28112.2386
Pretty Stable
Dividend Yield0.02080.01290.0154
Pretty Stable
PTB Ratio2.994.90774.0353
Slightly volatile
Days Sales Outstanding462386433
Slightly volatile
Book Value Per Share40.0838.172824.0282
Slightly volatile
Free Cash Flow Yield0.140.12340.1329
Slightly volatile
Invested Capital1.661.75212.7302
Slightly volatile
Operating Cash Flow Per Share26.5125.250313.7096
Slightly volatile
Stock Based Compensation To Revenue0.00930.00750.0084
Slightly volatile
PB Ratio2.994.90774.0353
Slightly volatile
EV To Sales2.622.32473.0957
Slightly volatile
Free Cash Flow Per Share24.2823.123812.1806
Slightly volatile
ROIC0.08990.10840.0988
Pretty Stable
Inventory Turnover0.210.17880.2149
Pretty Stable
Net Income Per Share11.9611.39326.4728
Slightly volatile
Days Of Inventory On Hand2.2 KKK
Very volatile
Payables Turnover1.21.9721.3069
Slightly volatile
Sales General And Administrative To Revenue0.130.13360.1843
Slightly volatile
Cash Per Share69.0165.725235.1915
Slightly volatile
POCF Ratio9.457.41938.2191
Slightly volatile
Interest Coverage2.661.5354.1167
Very volatile
Payout Ratio0.370.21260.2533
Pretty Stable
PFCF Ratio12.248.10169.7074
Slightly volatile
Days Payables Outstanding276185283
Slightly volatile
Income Quality2.722.21632.3726
Pretty Stable
ROE0.180.29850.2538
Pretty Stable
EV To Operating Cash Flow7.187.56110.7678
Pretty Stable
PE Ratio13.816.443116.7518
Pretty Stable
Return On Tangible Assets0.01790.03260.0297
Very volatile
EV To Free Cash Flow7.848.256312.5517
Pretty Stable
Earnings Yield0.07330.06080.0653
Pretty Stable
Intangibles To Total Assets0.02390.01510.0213
Slightly volatile
Net Debt To EBITDA0.210.21612.4331
Slightly volatile
Current Ratio1.531.01933.0995
Pretty Stable
Tangible Book Value Per Share34.4432.819.9293
Slightly volatile
Receivables Turnover0.90.94452.5011
Slightly volatile
Graham Number10498.921658.8316
Slightly volatile
Shareholders Equity Per Share40.0838.172824.0282
Slightly volatile
Debt To Equity1.661.75212.7302
Slightly volatile
Revenue Per Share86.2382.126544.7177
Slightly volatile
Interest Debt Per Share80.0176.201462.0619
Slightly volatile
Debt To Assets0.250.18830.3032
Slightly volatile
Enterprise Value Over EBITDA9.4211.53610.7322
Slightly volatile
Short Term Coverage Ratios15.0714.35345.7022
Slightly volatile
Price Earnings Ratio13.816.443116.7518
Pretty Stable
Operating Cycle2.5 K2.4 K2.3 K
Pretty Stable
Price Book Value Ratio2.994.90774.0353
Slightly volatile
Days Of Payables Outstanding276185283
Slightly volatile
Dividend Payout Ratio0.370.21260.2533
Pretty Stable
Price To Operating Cash Flows Ratio9.457.41938.2191
Slightly volatile
Price To Free Cash Flows Ratio12.248.10169.7074
Slightly volatile
Pretax Profit Margin0.140.17420.201
Pretty Stable
Ebt Per Ebit0.660.70.7266
Slightly volatile
Operating Profit Margin0.290.17420.2911
Slightly volatile
Effective Tax Rate0.310.20350.2942
Pretty Stable
Company Equity Multiplier12.999.30639.7018
Pretty Stable
Long Term Debt To Capitalization0.510.63050.6905
Slightly volatile
Total Debt To Capitalization0.840.63660.7319
Slightly volatile
Return On Capital Employed0.10.08940.0693
Pretty Stable
Debt Equity Ratio1.661.75212.7302
Slightly volatile
Ebit Per Revenue0.290.17420.2911
Slightly volatile
Quick Ratio0.740.78186.4574
Very volatile
Net Income Per E B T0.570.79650.6981
Very volatile
Cash Ratio0.310.32412.4054
Very volatile
Cash Conversion Cycle2.2 K2.2 K2.1 K
Very volatile
Operating Cash Flow Sales Ratio0.220.30750.3002
Pretty Stable
Days Of Inventory Outstanding2.2 KKK
Very volatile
Days Of Sales Outstanding462386433
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.660.91580.8555
Pretty Stable
Cash Flow Coverage Ratios0.40.37750.2324
Slightly volatile
Price To Book Ratio2.994.90774.0353
Slightly volatile
Fixed Asset Turnover6.7711.74838.3187
Slightly volatile
Price Cash Flow Ratio9.457.41938.2191
Slightly volatile
Enterprise Value Multiple9.4211.53610.7322
Slightly volatile
Debt Ratio0.250.18830.3032
Slightly volatile
Cash Flow To Debt Ratio0.40.37750.2324
Slightly volatile
Price Sales Ratio1.592.28112.2386
Pretty Stable
Return On Assets0.01770.03210.0291
Very volatile
Asset Turnover0.140.23120.1993
Pretty Stable
Net Profit Margin0.0960.13870.1403
Very volatile
Gross Profit Margin0.690.57170.644
Pretty Stable
Price Fair Value2.994.90774.0353
Slightly volatile
Return On Equity0.180.29850.2538
Pretty Stable

American Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap9.1 B11.8 B12.6 B
Pretty Stable
Enterprise Value38.7 B36.4 B32.7 B
Slightly volatile

American Fundamental Market Drivers

Forward Price Earnings16.8634
Cash And Short Term Investments48.3 B

American Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
24th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About American Express Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include American Express income statement, its balance sheet, and the statement of cash flows. American Express investors use historical funamental indicators, such as American Express's revenue or net income, to determine how well the company is positioned to perform in the future. Although American Express investors may use each financial statement separately, they are all related. The changes in American Express's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Express's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Express Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Express. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue129.1 B95.7 B
Total Revenue60.4 B63.4 B
Cost Of Revenue25.9 B16 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.13  0.13 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 82.13  86.23 
Ebit Per Revenue 0.17  0.29 

American Express Investors Sentiment

The influence of American Express' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Express' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Express. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Express' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Express' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Express' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Express.

American Express Implied Volatility

    
  32.1  
American Express' implied volatility exposes the market's sentiment of American Express stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if American Express' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that American Express stock will not fluctuate a lot when American Express' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Express in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Express' short interest history, or implied volatility extrapolated from American Express options trading.

Pair Trading with American Express

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Express will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

  0.86CG Carlyle Group Earnings Call This WeekPairCorr

Moving against American Stock

  0.82AJX Great Ajax Corp Earnings Call This WeekPairCorr
  0.69EFC Ellington Financial LLC Financial Report 13th of May 2024 PairCorr
The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Express to buy it.
The correlation of American Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Express is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Express Stock. Highlighted below are key reports to facilitate an investment decision about American Express Stock:
Check out the analysis of American Express Correlation against competitors.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for American Stock analysis

When running American Express' price analysis, check to measure American Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.
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Is American Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Express. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.388
Dividend Share
2.5
Earnings Share
12.14
Revenue Per Share
77.996
Quarterly Revenue Growth
0.099
The market value of American Express is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Express' value that differs from its market value or its book value, called intrinsic value, which is American Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Express' market value can be influenced by many factors that don't directly affect American Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.