American Income Statement Research

AXP Stock  USD 227.69  0.06  0.03%   
Most accounts from American Express' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Express current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out American Express Valuation and American Express Correlation analysis.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.
  
At this time, American Express' Interest Expense is relatively stable compared to the past year. As of 03/29/2024, Net Income is likely to grow to about 8.8 B, while EBIT is likely to drop slightly above 7.3 B.
Most accounts from American Express' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Express current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out American Express Valuation and American Express Correlation analysis.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.At this time, American Express' Interest Expense is relatively stable compared to the past year. As of 03/29/2024, Net Income is likely to grow to about 8.8 B, while EBIT is likely to drop slightly above 7.3 B.
 2021 2022 2023 2024 (projected)
EBIT10.7B12.3B10.5B7.3B
Operating Income10.7B12.3B10.5B6.7B

American Express income statement Correlations

-0.560.190.220.24-0.650.68-0.010.280.14-0.030.880.270.24-0.60.140.350.550.48-0.350.780.810.45
-0.560.210.190.130.75-0.330.17-0.34-0.260.2-0.550.230.030.610.04-0.44-0.16-0.030.25-0.6-0.55-0.83
0.190.211.00.990.240.640.690.58-0.260.40.410.870.920.290.05-0.260.710.580.10.190.190.1
0.220.191.00.990.220.670.680.58-0.270.40.450.870.920.270.05-0.250.730.590.090.210.20.12
0.240.130.990.990.160.680.690.66-0.270.390.480.860.930.210.02-0.210.760.60.060.260.250.18
-0.650.750.240.220.16-0.440.24-0.36-0.20.16-0.640.31-0.050.870.11-0.61-0.2-0.420.43-0.72-0.69-0.58
0.68-0.330.640.670.68-0.440.160.52-0.020.290.860.480.72-0.360.090.30.680.86-0.420.630.590.51
-0.010.170.690.680.690.240.160.42-0.490.220.110.610.630.41-0.17-0.630.610.080.62-0.12-0.11-0.05
0.28-0.340.580.580.66-0.360.520.42-0.090.170.580.440.7-0.35-0.190.240.630.5-0.220.610.530.58
0.14-0.26-0.26-0.27-0.27-0.2-0.02-0.49-0.09-0.070.09-0.41-0.12-0.420.710.42-0.480.06-0.060.430.440.36
-0.030.20.40.40.390.160.290.220.17-0.070.040.310.360.190.54-0.130.430.28-0.13-0.15-0.17-0.04
0.88-0.550.410.450.48-0.640.860.110.580.090.040.340.5-0.650.040.410.650.67-0.40.850.810.66
0.270.230.870.870.860.310.480.610.44-0.410.310.340.710.4-0.02-0.360.710.380.020.130.18-0.11
0.240.030.920.920.93-0.050.720.630.7-0.120.360.50.710.060.06-0.110.670.740.030.380.360.25
-0.60.610.290.270.210.87-0.360.41-0.35-0.420.19-0.650.40.06-0.03-0.74-0.08-0.380.54-0.8-0.74-0.62
0.140.040.050.050.020.110.09-0.17-0.190.710.540.04-0.020.06-0.030.04-0.120.10.040.130.170.07
0.35-0.44-0.26-0.25-0.21-0.610.3-0.630.240.42-0.130.41-0.36-0.11-0.740.04-0.160.36-0.640.620.560.49
0.55-0.160.710.730.76-0.20.680.610.63-0.480.430.650.710.67-0.08-0.12-0.160.49-0.150.330.320.26
0.48-0.030.580.590.6-0.420.860.080.50.060.280.670.380.74-0.380.10.360.49-0.450.60.580.24
-0.350.250.10.090.060.43-0.420.62-0.22-0.06-0.13-0.40.020.030.540.04-0.64-0.15-0.45-0.45-0.42-0.24
0.78-0.60.190.210.26-0.720.63-0.120.610.43-0.150.850.130.38-0.80.130.620.330.6-0.450.980.67
0.81-0.550.190.20.25-0.690.59-0.110.530.44-0.170.810.180.36-0.740.170.560.320.58-0.420.980.56
0.45-0.830.10.120.18-0.580.51-0.050.580.36-0.040.66-0.110.25-0.620.070.490.260.24-0.240.670.56
Click cells to compare fundamentals

American Express Account Relationship Matchups

American Express income statement Accounts

201920202021202220232024 (projected)
Interest Expense3.5B2.1B1.3B2.8B6.8B7.2B
Operating Income8.4B4.3B10.7B12.3B10.5B6.7B
Ebit8.4B4.3B10.7B12.3B10.5B7.3B
Ebitda9.6B5.8B12.4B14.0B12.2B8.1B
Net Income6.8B3.1B8.1B7.5B8.4B8.8B
Income Tax Expense1.7B1.2B2.6B2.1B2.1B1.3B
Total Revenue43.6B36.1B42.4B52.9B60.4B63.4B
Gross Profit28.1B24.3B27.2B32.7B34.5B27.3B
Income Before Tax8.4B4.3B10.7B9.6B10.5B5.4B
Cost Of Revenue15.4B11.8B15.2B20.1B25.9B16.0B
Tax Provision1.7B1.2B2.6B2.1B2.1B1.9B
Net Interest Income8.6B8.0B7.8B9.9B13.1B9.2B
Interest Income12.1B10.1B9.0B12.7B20.0B12.4B

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

    
  20.33  
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.

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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 American Express Valuation and American Express Correlation analysis.
To learn how to invest in American Stock, please use our How to Invest in American Express guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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
0.263
Dividend Share
2.4
Earnings Share
11.21
Revenue Per Share
75.635
Quarterly Revenue Growth
0.092
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.