Cash flow American Express Company

Equities

AXP

US0258161092

Consumer Lending

Market Closed - Nyse Other stock markets 20:00:02 16/03/2026 GMT			5-day change	1st Jan Change
298.20 ^USD	-0.59%		-2.35%	-19.39%

03-16	American Express reports USCS card member loans net write-off rate-principal only 2.0% at February end	RE
03-16	BTIG Adjusts Price Target on American Express to $285 From $328, Maintains Sell Rating	MT

1de84c26aa8a1fb93c3a8ac6c07aa0.nVXiYjdvqnR_Y_WyrBMW8mat3zQdQJM8YNDvsN6XpJQ.8DiFVlsVzzwcDaDL-2FAwi3bsA1HNMlrLbKb2rXCws6rINIvcSXkOj0JzQ

Published financial data: AMERICAN EXPRESS COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	9.03B	12.66B	19.98B	23.8B	25.6B
Interest Expense, Total	1.28B	2.76B	6.85B	8.25B	8.23B
Net Interest Income	7.75B	9.9B	13.13B	15.54B	17.36B
Commission and Fees	33.31B	41.33B	45.68B	48.77B	54.86B
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	1.32B	1.64B	1.7B	1.64B	-
Revenues Before Provison For Loan Losses	42.38B	52.86B	60.52B	65.95B	72.23B
Provision For Loan Losses	-1.42B	2.18B	4.92B	5.18B	5.26B
Total Revenues	43.8B	50.68B	55.59B	60.76B	66.97B
Salaries And Other Employee Benefits	6.24B	7.25B	7.89B	8.08B	8.92B
Cost of Services Provided, Total	22.05B	27.36B	30.2B	33.5B	37.35B
Other Operating Expenses	5.34B	6.03B	6.74B	6.86B	7.04B
Total Operating Expenses	33.63B	40.64B	44.83B	48.43B	53.32B
Operating Income	10.17B	10.04B	10.76B	12.34B	13.66B
Income (Loss) on Equity Invest.	-226M	-161M	-	-	-
Currency Exchange Gains (Loss)	-21M	8M	82M	102M	121M
EBT, Excl. Unusual Items	9.92B	9.89B	10.84B	12.44B	13.78B
Restructuring Charges	-	-	-179M	-123M	-96M
Gain (Loss) on Sale of Investments	767M	-302M	-152M	48M	115M
Gain (Loss) on Sale of Assets	-	-	-	531M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	10.69B	9.58B	10.51B	12.9B	13.8B
Income Tax Expense	2.63B	2.07B	2.14B	2.77B	2.96B
Earnings From Continuing Operations	8.06B	7.51B	8.37B	10.13B	10.83B
Net Income to Company	8.06B	7.51B	8.37B	10.13B	10.83B
Net Income - (IS)	8.06B	7.51B	8.37B	10.13B	10.83B
Preferred Dividend and Other Adjustments	143M	114M	122M	134M	132M
Net Income to Common Incl Extra Items	7.92B	7.4B	8.25B	10B	10.7B
Net Income to Common Excl. Extra Items	7.92B	7.4B	8.25B	10B	10.7B
Per Share Items
Net EPS - Basic	10.03	9.85	11.23	14.04	15.4
Basic EPS - Continuing Operations	10.03	9.85	11.23	14.04	15.4
Basic Weighted Average Shares Outstanding	789M	751M	735M	712M	695M
Net EPS - Diluted	10.02	9.85	11.21	14.01	15.38
Diluted EPS - Continuing Operations	10.02	9.85	11.21	14.01	15.38
Diluted Weighted Average Shares Outstanding	790M	752M	736M	713M	696M
Normalized Basic EPS	7.86	8.23	9.22	10.92	12.39
Normalized Diluted EPS	7.85	8.22	9.21	10.9	12.37
Dividend Per Share	1.72	2.08	2.4	2.8	3.28
Payout Ratio	17.97	20.83	21.26	19.74	20.96
American Depositary Receipts Ratio (ADR)	0.1	0.1	0.1	0.1	0.1
Supplemental Items
Effective Tax Rate - (Ratio)	24.6	21.61	20.35	21.45	21.47
Current Domestic Taxes	2.01B	2.78B	2.81B	2.86B	2.23B
Current Foreign Taxes	328M	476M	662M	894M	1.27B
Total Current Taxes	2.34B	3.26B	3.47B	3.76B	3.5B
Deferred Domestic Taxes	253M	-880M	-1.09B	-943M	-448M
Deferred Foreign Taxes	41M	-309M	-238M	-47M	-95M
Total Deferred Taxes	294M	-1.19B	-1.33B	-990M	-543M
Normalized Net Income	6.2B	6.18B	6.78B	7.77B	8.61B
Non-Cash Pension Expense	-26M	-24M	-12M	-18M	28M
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	326M	373M	450M	508M	550M
Stock-Based Comp., Other (Total)	4M	2M	-	-	1M
Total Stock-Based Compensation	330M	375M	450M	508M	551M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	21.04B	33.05B	46.08B	40.21B	47.62B
Long-Term Investments - (FS Template)	4.18B	6.1B	3.56B	2.81B	2.82B
Trading Asset Securities, Total	293M	253M	23M	897M	22M
Loans and Lease Receivables - (FS Template)	88.12B	110B	128B	143B	157B
Other Receivables	53.58B	57.38B	60.24B	59.24B	61.85B
Gross Property Plant And Equipment	13.59B	15.06B	15.05B	16.91B	19.16B
Accumulated Depreciation	-8.6B	-9.85B	-9.91B	-10.74B	-12.04B
Net Property Plant And Equipment	4.99B	5.22B	5.14B	6.18B	7.12B
Goodwill	3.8B	3.79B	3.85B	4.19B	4.87B
Other Intangibles, Total	201M	146M	98M	123M	90M
Loans Held For Sale	-	-	-	758M	2.46B
Restricted Cash	525M	544M	514M	427M	169M
Other Current Assets, Total	-	-	-	-	-
Deferred Tax Assets Long-Term (Collected)	2.38B	3.5B	4.78B	5.67B	6.26B
Other Long-Term Assets, Total	9.44B	8.79B	8.99B	7.93B	10.24B
Total Assets	189B	228B	261B	271B	300B
Liabilities
Interest Bearing Deposits	83.32B	109B	128B	138B	151B
Non-Interest Bearing Deposits	1.06B	1.1B	986M	963M	1.04B
Deposits	84.38B	110B	129B	139B	152B
Accounts Payable, Total	10.57B	12.13B	13.11B	13.88B	14.7B
Accrued Expenses, Total	6.85B	7.68B	8.07B	8.84B	9.99B
Short-Term Borrowings	2.28B	1.68B	12B	4.84B	6.39B
Current Portion of Long-Term Debt	-	-	10.36B	12.56B	6.11B
Current Portion of Leases	155M	157M	159M	160M	175M
Long-Term Debt	38.66B	42.57B	37.51B	37.16B	50.27B
Long-Term Leases	980M	819M	767M	773M	961M
Current Income Taxes Payable	1.58B	1.65B	1.28B	1.39B	1.4B
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	-	-	-
Pension & Other Post Retirement Benefits	-	-	-	-	-
Other Non Current Liabilities	20.9B	26.71B	20.66B	22.19B	24.09B
Total Liabilities	166B	204B	233B	241B	267B
Common Stock, Total	153M	149M	145M	141M	138M
Additional Paid In Capital	11.5B	11.49B	11.37B	11.37B	11.13B
Retained Earnings	13.47B	16.28B	19.61B	22.15B	25.49B
Comprehensive Income and Other	-2.94B	-3.21B	-3.07B	-3.4B	-3.28B
Total Common Equity	22.18B	24.71B	28.06B	30.26B	33.47B
Total Equity	22.18B	24.71B	28.06B	30.26B	33.47B
Total Liabilities And Equity	189B	228B	261B	271B	300B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	759M	744M	724M	703M	687M
ECS Total Common Shares Outstanding	761M	743M	723M	702M	686M
Book Value / Share	29.14	33.26	38.81	43.11	48.8
Tangible Book Value	18.17B	20.78B	24.11B	25.95B	28.51B
Tangible Book Value Per Share	23.88	27.97	33.34	36.97	41.56
Total Debt	42.08B	45.23B	60.8B	55.48B	63.91B
Net Debt	20.28B	11.6B	14.69B	14.37B	16.26B
Equity Method Investments, Total	1.12B	1.21B	1.37B	1.57B	1.78B
Full Time Employees	64K	77.3K	74.6K	75.1K	76.8K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	8.06B	7.51B	8.37B	10.13B	10.83B
Depreciation, Depletion & Amortization	1.64B	1.58B	1.6B	1.63B	1.74B
Amortization of Goodwill and Intangible Assets - (CF)	57M	51M	49M	46M	36M
Total Depreciation, Depletion & Amortization	1.7B	1.63B	1.65B	1.68B	1.78B
Provision for Credit Losses	-1.42B	2.18B	4.92B	5.18B	5.26B
Stock-Based Compensation (CF)	330M	375M	450M	504M	551M
Net (Increase) Decrease in Loans Originated / Sold - Operating	-	0	5M	-	-74M
Change in Accounts Payable	5.39B	8.82B	5.06B	-2.9B	3.64B
Change in Other Net Operating Assets (Collected)	1.07B	1.39B	-1.24B	1.01B	-2.78B
Other Operating Activities	-478M	-824M	-665M	-1.55B	-779M
Cash from Operations	14.64B	21.08B	18.56B	14.05B	18.43B
Capital Expenditure	-1.64B	-1.86B	-1.56B	-1.92B	-2.43B
Sale of Property, Plant, and Equipment	88M	1M	2M	6M	1M
Cash Acquisitions	1M	-15M	-64M	-454M	-633M
Divestitures	-	-	-	594M	-
Investment in Marketable and Equity Securities, Total	18.58B	-2.26B	2.32B	628M	-260M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-27.56B	-29.56B	-25.12B	-23.26B	-19.57B
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-10.53B	-33.69B	-24.43B	-24.4B	-22.89B
Short Term Debt Issued, Total	461M	-	-	207M	-
Long-Term Debt Issued, Total	7.79B	23.23B	15.67B	12.6B	24.38B
Total Debt Issued	8.25B	23.23B	15.67B	12.81B	24.38B
Short Term Debt Repaid, Total	-	-706M	-105M	-	-27M
Long-Term Debt Repaid, Total	-11.66B	-18.91B	-10.7B	-10.76B	-18.16B
Total Debt Repaid	-11.66B	-19.61B	-10.81B	-10.76B	-18.18B
Issuance of Common Stock	64M	56M	28M	100M	57M
Repurchase of Common Stock	-7.65B	-3.5B	-3.65B	-6.02B	-5.81B
Issuance of Preferred Stock	1.58B	-	-	-	-
Repurchase of Preferred Stock	-1.6B	-	-	-	-
Common Dividends Paid	-	-	-	-2B	-
Common & Preferred Stock Dividends Paid	-1.45B	-1.56B	-1.78B	-	-2.27B
Common & Preferred Stock Dividends Paid	-1.45B	-1.56B	-1.78B	-2B	-2.27B
Other Financing Activities, Total	-2.47B	25.9B	18.92B	10.3B	13.04B
Cash from Financing	-14.93B	24.51B	18.38B	4.44B	11.21B
Foreign Exchange Rate Adjustments	-120M	-13M	177M	-40M	405M
Net Change in Cash	-10.94B	11.89B	12.68B	-5.96B	7.15B
Supplemental Items
Cash Interest Paid	1.1B	2.2B	6.4B	8.2B	8B
Cash Income Tax Paid (Refund)	1.6B	3B	3.3B	3.6B	3.2B
Net Debt Issued / Repaid	-3.41B	3.62B	4.87B	2.05B	6.19B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.24	3.6	3.42	3.8	3.79
Return On Equity %	35.69	32.05	31.74	34.74	33.99
Return on Common Equity	35.06	31.56	31.28	34.28	33.58
Margin Analysis
Gross Profit Margin %	70.32	56.78	55.04	64.81	63.47
SG&A Margin	34.92	25.08	23.57	33.23	32.56
Income From Continuing Operations Margin %	18.4	14.83	15.06	16.67	16.18
Net Income Margin %	18.4	14.83	15.06	16.67	16.18
Net Avail. For Common Margin %	18.08	14.6	14.84	16.45	15.98
Normalized Net Income Margin	14.16	12.19	12.19	12.79	12.86
Asset Turnover
Asset Turnover	0.23	0.24	0.23	0.23	0.23
Short Term Liquidity
Current Ratio	1.55	1.51	1.35	1.35	1.4
Quick Ratio	1.54	1.5	1.34	1.34	1.39
Operating Cash Flow to Current Liabilities	0.14	0.16	0.11	0.08	0.1
Long Term Solvency
Total Debt/Equity	189.75	183.02	216.69	183.33	190.92
Total Debt / Total Capital	65.49	64.67	68.42	64.71	65.63
LT Debt/Equity	178.75	175.59	136.43	125.33	153.06
Long-Term Debt / Total Capital	61.69	62.04	43.08	44.24	52.61
Total Liabilities / Total Assets	88.24	89.18	89.25	88.85	88.84
Tier 1 Capital Ratio %	11.5	11.1	11.3	11.2	11.1
Total Capital Ratio %	12.9	12.8	13.1	13.2	13.1
Leverage Ratio %	10.5	9.9	9.9	9.8	9.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	39.68	15.71	9.69	9.3	10.22
Gross Profit, 1 Yr. Growth %	39.45	6.43	6.34	8.62	7.93
Earnings From Cont. Operations, 1 Yr. Growth %	157.1	-6.77	11.45	20.96	6.95
Net Income, 1 Yr. Growth %	157.1	-6.77	11.45	20.96	6.95
Normalized Net Income, 1 Yr. Growth %	139.43	-0.35	8.13	15.01	10.75
Diluted EPS Before Extra, 1 Yr. Growth %	165.78	-1.7	13.81	24.98	9.78
Common Equity, 1 Yr. Growth %	-3.51	11.43	13.54	7.87	10.61
Total Assets, 1 Yr. Growth %	-1.47	21.11	14.34	3.96	10.53
Tangible Book Value, 1 Yr. Growth %	-3.68	14.35	16.02	7.66	9.86
Cash From Operations, 1 Yr. Growth %	161.94	43.93	-11.96	-24.3	31.16
Capital Expenditures, 1 Yr. Growth %	10.75	13.31	-15.68	22.49	26.55
Dividend Per Share, 1 Yr. Growth %	0	20.93	15.38	16.67	17.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.66	27.13	12.66	9.5	9.76
Gross Profit, 2 Yr. CAGR %	6.17	22.95	6.39	8.07	8.28
Earnings From Cont. Operations, 2 Yr. CAGR %	9.2	54.82	1.93	16.1	13.74
Net Income, 2 Yr. CAGR %	9.2	54.82	1.93	16.1	13.74
Normalized Net Income, 2 Yr. CAGR %	8.99	54.46	4.6	11.41	12.86
Diluted EPS Before Extra, 2 Yr. CAGR %	11.99	61.64	5.77	19.26	17.13
Common Equity, 2 Yr. CAGR %	-1.96	3.69	12.48	10.67	9.23
Total Assets, 2 Yr. CAGR %	-2.5	9.24	17.68	9.03	7.2
Tangible Book Value, 2 Yr. CAGR %	-3.44	4.94	15.18	11.76	8.75
Cash From Operations, 2 Yr. CAGR %	3.65	94.17	12.57	-18.36	-0.35
Capital Expenditures, 2 Yr. CAGR %	-1.49	12.02	-2.25	1.63	24.51
Dividend Per Share, 2 Yr. CAGR %	2.41	9.97	18.12	16.02	16.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.8	8.22	21.03	11.53	9.74
Gross Profit, 3 Yr. CAGR %	6.48	1.74	17.14	13.36	8.03
Earnings From Cont. Operations, 3 Yr. CAGR %	5.21	3.59	38.75	7.91	12.97
Net Income, 3 Yr. CAGR %	5.21	3.59	38.75	7.91	12.97
Normalized Net Income, 3 Yr. CAGR %	6.9	5.79	37.8	7.86	11.19
Diluted EPS Before Extra, 3 Yr. CAGR %	8.2	7.23	43.8	11.82	16.01
Common Equity, 3 Yr. CAGR %	-0.17	2.32	6.87	10.92	10.65
Total Assets, 3 Yr. CAGR %	-0.01	4.81	10.91	12.92	9.53
Tangible Book Value, 3 Yr. CAGR %	-1.38	2.16	8.51	12.62	11.12
Cash From Operations, 3 Yr. CAGR %	17.93	15.64	49.17	-1.37	-4.38
Capital Expenditures, 3 Yr. CAGR %	7.71	3.21	1.9	5.38	9.34
Dividend Per Share, 3 Yr. CAGR %	5.14	8.24	11.74	17.64	16.4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.68	8.39	8.49	8.73	16.39
Gross Profit, 5 Yr. CAGR %	4.85	3.88	3.7	7.59	17.43
Earnings From Cont. Operations, 5 Yr. CAGR %	8.44	22.28	3.88	8.43	28.15
Net Income, 5 Yr. CAGR %	8.44	22.28	3.88	8.43	28.15
Normalized Net Income, 5 Yr. CAGR %	6.52	5.78	5.95	8.29	27.16
Diluted EPS Before Extra, 5 Yr. CAGR %	12.3	26.93	7.22	11.89	32.47
Common Equity, 5 Yr. CAGR %	1.58	6.24	4.71	5.58	7.81
Total Assets, 5 Yr. CAGR %	3.48	4.74	6.72	6.48	9.41
Tangible Book Value, 5 Yr. CAGR %	1.7	7.68	4.94	5.9	8.61
Cash From Operations, 5 Yr. CAGR %	12.05	9.26	15.76	0.61	26.94
Capital Expenditures, 5 Yr. CAGR %	3.53	11.79	3.61	2.58	10.4
Dividend Per Share, 5 Yr. CAGR %	7.11	9.19	10.15	11.29	13.78