American Financial Statements From 2010 to 2023

AXP Stock  USD 173.25  0.51  0.29%   
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
0.1474
Market Capitalization
126.6 B
Revenue
54.4 B
Earnings Share
10.67
There are currently ninety-seven 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 2023 to make sure the trends are evolving in the right direction. At this time, American Express' Market Capitalization is relatively stable as compared to the past year.

American Express Revenues

47.42 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 Consolidated Income of 7.2 B, Earning Before Interest and Taxes EBIT of 9.7 B or Gross Profit of 47.4 B, as well as many exotic indicators such as Interest Coverage of 891, Long Term Debt to Equity of 3.18 or Calculated Tax Rate of 29.09. 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
Accumulated Retained Earnings Deficit15.1 B16.3 B11 B
Slightly volatile
Trade and Non Trade Receivables59.7 B57.4 B50.8 B
Slightly volatile
Property Plant and Equipment Net5.3 B5.2 B4.4 B
Slightly volatile
Trade and Non Trade Payables13.1 B12.1 B11.4 B
Slightly volatile
Current Liabilities60.9 B67.4 B67.1 B
Slightly volatile
Total Liabilities198.1 B203.6 B156.8 B
Slightly volatile
Investments108.7 B114.2 B83.7 B
Slightly volatile
Shareholders Equity USD25.3 B24.7 B21.2 B
Slightly volatile
Shareholders Equity Attributable to Parent25.3 B24.7 B21.2 B
Slightly volatile
Deposit Liabilities96.1 B110.2 B64.2 B
Slightly volatile
Total Debt USD46.2 B43.9 B55.3 B
Slightly volatile
Total Debt46.2 B43.9 B55.3 B
Slightly volatile
Cash and Equivalents USD32.9 B33.9 B25.9 B
Slightly volatile
Cash and Equivalents32.9 B33.9 B25.9 B
Slightly volatile
Current Assets69.1 B76 B76.2 B
Slightly volatile
Total Assets223.5 B228.4 B178 B
Slightly volatile
Long Term Debt53.1 B42.6 B53 B
Slightly volatile

American Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense2.1 B2.1 B2.3 B
Very volatile
Weighted Average Shares Diluted784 M752 M943.4 M
Slightly volatile
Weighted Average Shares782.1 M751 M939.9 M
Slightly volatile
Selling General and Administrative Expense28.7 B31.7 B20.7 B
Slightly volatile
Revenues USD47.4 B50.7 B35.8 B
Slightly volatile
Revenues47.4 B50.7 B35.8 B
Slightly volatile
Operating Income9.7 B9.6 B7.9 B
Slightly volatile
Operating Expenses37.8 B41.1 B27.9 B
Slightly volatile
Net Income Common Stock USD7.2 B7.5 B5.5 B
Slightly volatile
Net Income Common Stock7.2 B7.5 B5.5 B
Slightly volatile
Net Income7.2 B7.5 B5.5 B
Slightly volatile
Gross Profit47.4 B50.7 B35.8 B
Slightly volatile
Earning Before Interest and Taxes USD9.7 B9.6 B7.9 B
Slightly volatile
Earning Before Interest and Taxes EBIT9.7 B9.6 B7.9 B
Slightly volatile
Consolidated Income7.2 B7.5 B5.5 B
Slightly volatile

American Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation367.2 M375 M299.2 M
Slightly volatile
Effect of Exchange Rate Changes on Cash (13.3 M)(13 M)17.8 M
Pretty Stable
Net Cash Flow from Operations17.6 B21.1 B11.1 B
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(32.7 B)(31.8 B)(10 B)
Slightly volatile
Net Cash Flow from Investing(34.6 B)(33.7 B)(11.6 B)
Slightly volatile
Net Cash Flow from Financing26.4 B24.5 B1.5 B
Slightly volatile
Issuance Repayment of Debt Securities 3.9 B3.6 B(1.1 B)
Very volatile
Net Cash Flow Business Acquisitions and Disposals(16.2 M)(15 M)(298.2 M)
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents12.8 B11.9 B1.1 B
Slightly volatile
Depreciation Amortization and Accretion1.6 B1.6 B1.2 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share276304197
Slightly volatile
Sales per Share58.9167.48339.7137
Slightly volatile
Return on Sales0.190.1890.2209
Slightly volatile
Return on Invested Capital0.03940.0430.039
Pretty Stable
Return on Average Equity0.320.3190.2599
Slightly volatile
Return on Average Assets0.03750.0360.0322
Pretty Stable
Price to Sales Ratio2.642.1892.5218
Pretty Stable
Price to Earnings Ratio18.4614.98517.7588
Pretty Stable
Price to Book Value4.824.4684.1789
Slightly volatile
Payout Ratio0.240.2020.2334
Pretty Stable
Profit Margin0.140.1480.1531
Pretty Stable
Gross Margin0.890.90.9853
Slightly volatile
Free Cash Flow per Share27.6225.59811.5357
Slightly volatile
Enterprise Value over EBITDA11.2210.98312.8566
Pretty Stable
Enterprise Value over EBIT16.6614.9515.4006
Pretty Stable
Earnings per Basic Share USD8.759.866.0195
Slightly volatile
Earnings per Diluted Share8.749.856.0026
Slightly volatile
Earnings per Basic Share8.759.866.0195
Slightly volatile
EBITDA Margin0.230.2210.2556
Slightly volatile
Dividends per Basic Common Share1.821.991.2908
Slightly volatile
Dividend Yield0.01450.0130.0134
Very volatile
Debt to Equity Ratio8.628.2417.4359
Slightly volatile
Current Ratio1.351.31.1645
Slightly volatile
Book Value per Share31.0732.90423.2577
Slightly volatile
Asset Turnover0.250.240.2072
Slightly volatile
Total Assets Per Share243307196
Slightly volatile
Cash Flow Per Share30.6128.370113.6192
Slightly volatile
Return on Investment8.649.189.5164
Slightly volatile
Operating Margin19.9820.7422.0152
Pretty Stable
Calculated Tax Rate29.0921.606730.4891
Pretty Stable
Receivables Turnover0.890.850.763
Slightly volatile
PPandE Turnover11.1310.90379.4442
Very volatile
Cash and Equivalents Turnover1.711.98871.5931
Very volatile
Accounts Payable Turnover2.562.682.8209
Pretty Stable
Interest Coverage891933981
Slightly volatile
Long Term Debt to Equity3.182.672.7249
Slightly volatile
Quick Ratio1.211.071.0377
Slightly volatile
Net Current Assets as percentage of Total Assets6.886.835.9545
Pretty Stable
Revenue to Assets0.220.24360.2199
Slightly volatile

American Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Asset Value223.5 B228.4 B178 B
Slightly volatile
Market Capitalization110.6 B110.4 B88.4 B
Slightly volatile
Invested Capital Average233.9 B224 B200.9 B
Slightly volatile
Invested Capital245.5 B238.4 B208 B
Slightly volatile
Free Cash Flow15.8 B19.2 B9.7 B
Slightly volatile
Enterprise Value132.3 B123.1 B115.3 B
Slightly volatile
Average Equity24.8 B23.6 B21.3 B
Slightly volatile
Earnings before Tax9.7 B9.6 B7.9 B
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD11.3 B11.2 B9.1 B
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA11.3 B11.2 B9.1 B
Slightly volatile
Average Assets211.8 B211.1 B173.4 B
Slightly volatile
Revenue Per Employee641.1 K719.6 K624.5 K
Slightly volatile
Net Income Per Employee88.2 K97.2 K88 K
Pretty Stable

American Fundamental Market Drivers

Forward Price Earnings14.0056
Cash And Short Term Investments36.8 B

American Upcoming Events

26th of January 2024
Upcoming Quarterly Report
View
18th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
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 2023
Revenues50.7 B47.4 B
Revenue to Assets 0.24  0.22 
Revenue Per Employee719.6 K641.1 K

Be your own money manager

Our tools can tell you how much better you can do entering a position in American Express without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

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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 equities. 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.

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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
0.336
Dividend Share
2.32
Earnings Share
10.67
Revenue Per Share
73.436
Quarterly Revenue Growth
0.107
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.