American Financial Statements From 2010 to 2024

AXP Stock  USD 227.69  0.06  0.03%   
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
0.1506
Market Capitalization
164 B
Revenue
55.6 B
Earnings Share
11.21
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.
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, Operating Income of 6.7 B or EBIT of 7.3 B, as well as many exotic indicators such as Short Term Coverage Ratios of 15.07, Price Earnings Ratio of 13.38 or Price To Sales Ratio of 1.58. 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 B25.7 B
Slightly volatile
Retained Earnings20.6 B19.6 B11.7 B
Slightly volatile
Cash48.9 B46.5 B27.5 B
Slightly volatile
Non Current Assets Total4.9 B5.1 B27.8 B
Pretty Stable
Cash And Short Term Investments90.4 B86.1 B35.2 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 Equity9.3 B11.4 B11.3 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 Receivables37.2 B60.2 B44.1 B
Pretty Stable
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
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
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
Short Term Coverage Ratios15.0714.35345.7022
Slightly volatile
Price Earnings Ratio13.3816.443116.613
Pretty Stable
Price To Sales Ratio1.582.28112.2308
Pretty Stable
Dividend Yield0.02190.01290.0158
Pretty Stable
Operating Cycle2.2 K1.9 K2.2 K
Slightly volatile
Price Book Value Ratio2.964.90774.0143
Slightly volatile
Days Of Payables Outstanding276185283
Slightly volatile
Operating Cash Flow Per Share26.5125.250313.7096
Slightly volatile
Dividend Payout Ratio0.370.21260.2533
Pretty Stable
Price To Operating Cash Flows Ratio6.697.41938.017
Pretty Stable
Free Cash Flow Per Share24.2823.123812.1806
Slightly volatile
Price To Free Cash Flows Ratio11.848.10169.6591
Slightly volatile
Pretax Profit Margin0.140.17420.201
Pretty Stable
Inventory Turnover0.220.23390.2177
Slightly volatile
Ebt Per Ebit0.660.70.7266
Slightly volatile
Payables Turnover1.21.9721.3069
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
Cash Per Share69.0165.725234.994
Slightly volatile
Total Debt To Capitalization0.840.63660.7319
Slightly volatile
Interest Coverage2.661.5354.1167
Very volatile
Return On Capital Employed0.10.08940.0693
Pretty Stable
Payout Ratio0.370.21260.2533
Pretty Stable
Debt Equity Ratio1.661.75212.7302
Slightly volatile
Ebit Per Revenue0.290.17420.2911
Slightly volatile
Quick Ratio0.720.75626.6598
Very volatile
Net Income Per E B T0.570.79650.6981
Very volatile
Cash Ratio0.310.32412.4112
Very volatile
Cash Conversion Cycle1.9 K1.7 KK
Slightly volatile
Operating Cash Flow Sales Ratio0.220.30750.3002
Pretty Stable
Days Of Inventory Outstanding1.8 K1.6 K1.8 K
Slightly volatile
Days Of Sales Outstanding475364458
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 Ratio2.964.90774.0143
Slightly volatile
Current Ratio1.531.01933.0995
Pretty Stable
Fixed Asset Turnover6.7711.74838.3187
Slightly volatile
Price Cash Flow Ratio6.697.41938.017
Pretty Stable
Enterprise Value Multiple9.3811.53610.7135
Slightly volatile
Debt Ratio0.250.18830.3032
Slightly volatile
Cash Flow To Debt Ratio0.40.37750.2324
Slightly volatile
Price Sales Ratio1.582.28112.2308
Pretty Stable
Return On Assets0.01770.03210.0291
Very volatile
Receivables Turnover1.611.00211.8094
Slightly 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 Value2.964.90774.0143
Slightly volatile
Return On Equity0.180.29850.2538
Pretty Stable

American Fundamental Market Drivers

Forward Price Earnings17.6991
Cash And Short Term Investments86.1 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 2024
Current Deferred Revenue129.1 B95.7 B
Total Revenue60.4 B63.4 B
Cost Of Revenue25.9 B16 B
Ebit Per Revenue 0.17  0.29 

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 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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
0.263
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.