American Express Financial Ratios
NYSE: AXPFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
American Express ratio analysis
American Express earned a net margin of 26.2% in FY 2025, up from 26.1% a year earlier. Return on equity reached 32.4%, meaning American Express generated 0.32 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 1.73 versus 1.69 the year before.
At the end of FY 2025, AXP traded at 24.2 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 12.3 to 33.2, with a median of 16.5. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
American Express financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 24.23 | 21.63 | 16.71 | 15.00 | 16.33 | 32.07 | 15.59 | 12.34 | 33.21 | 13.20 |
| Price / sales | 6.27 | 5.56 | 3.70 | 3.24 | 4.66 | 4.43 | 3.66 | 3.14 | 3.54 | 2.85 |
| Price / book | 7.74 | 7.13 | 4.91 | 4.49 | 5.82 | 4.23 | 4.47 | 3.75 | 4.80 | 3.37 |
| Net margin | 26.2% | 26.1% | 22.5% | 22.0% | 29.1% | 14.3% | 24.0% | 26.0% | 11.1% | 22.2% |
| Free cash flow margin | 38.7% | 31.3% | 45.7% | 56.2% | 47.2% | 18.7% | 42.6% | 28.6% | 50.4% | 28.5% |
| Return on equity (ROE) | 32.4% | 33.5% | 29.8% | 30.4% | 36.3% | 13.6% | 29.3% | 31.0% | 15.0% | 26.2% |
| Return on assets (ROA) | 3.6% | 3.7% | 3.2% | 3.3% | 4.3% | 1.6% | 3.4% | 3.7% | 1.5% | 3.4% |
| Debt / equity | 1.73 | 1.69 | 1.75 | 1.78 | 1.85 | 1.95 | 2.79 | 2.76 | 3.24 | 2.56 |
| Revenue growth | 6.4% | 4.3% | 8.8% | 23.5% | 26.1% | -22.0% | 5.8% | 7.4% | 2.2% | -26.2% |
| EPS growth | 9.8% | 25.0% | 13.8% | -1.7% | 165.8% | -52.8% | 1.0% | 164.5% | -46.7% | 11.1% |