Financials American Express Company

Equities

AXP

US0258161092

Consumer Lending

Market Closed - Nyse Other stock markets 21:00:02 07/07/2025 BST			After hours 01:00:00
322.73 ^USD	-1.65%		315.50	-2.24%

07-07	American Express Company, Q4 2024 Earnings Call, Jan 24, 2025
07-02	Citigroup Adjusts Price Target on American Express to $327 From $300, Maintains Neutral Rating	MT

Projected Income Statement: American Express Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	36,087	42,380	52,862	60,515	65,949	71,282	76,990	82,921
Change	-	17.44%	24.73%	14.48%	8.98%	8.09%	8.01%	7.7%
EBITDA ¹	-	-	-	17,087	-	28,412	30,531	33,094
Change	-	-	-	-	-	-	7.46%	8.39%
EBIT ¹	9,026	9,270	11,767	15,436	18,080	19,477	21,185	22,651
Change	-	2.7%	26.94%	31.18%	17.13%	7.73%	8.77%	6.92%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,296	10,689	9,585	10,513	12,895	13,823	15,345	17,099
Change	-	148.81%	-10.33%	9.68%	22.66%	7.19%	11.01%	11.43%
Net income ¹	3,036	7,917	7,400	8,252	9,995	10,618	11,809	13,161
Change	-	160.77%	-6.53%	11.51%	21.12%	6.23%	11.22%	11.45%
Announcement Date	26/01/21	25/01/22	27/01/23	26/01/24	24/01/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	7,675	8,751	9,351	9,064	10,243	10,928	12,145	11,735	13,395	13,556	14,176	14,281	15,054	15,381	15,799	15,801	16,333	16,636	17,179	16,967	17,703	17,976	18,654	18,347	19,105	19,410	20,154	19,096
Change	-	14.02%	6.86%	-3.07%	13.01%	6.69%	11.14%	-3.38%	14.15%	1.2%	4.57%	0.74%	5.41%	2.17%	2.72%	0.01%	3.37%	1.86%	3.26%	-1.23%	4.34%	1.54%	3.77%	-1.64%	4.13%	1.59%	3.83%	-5.25%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,479	-	4,476	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	2,177	2,029	1,747	2,318	2,334	2,259	2,359	2,679	2,953	3,237	2,898	3,222	4,000	4,333	3,949	4,414	5,058	4,560	4,048	4,480	5,003	5,032	4,862	5,061	5,515	5,587	5,455	-
Change	-	-6.8%	-13.9%	32.68%	0.69%	-3.21%	4.43%	13.57%	10.23%	9.62%	-10.47%	11.18%	24.15%	8.32%	-8.86%	11.78%	14.59%	-9.85%	-11.23%	10.67%	11.67%	0.59%	-3.38%	4.09%	8.98%	1.29%	-2.35%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	622	1,364	1,858	2,993	2,940	2,450	2,306	2,712	2,543	2,459	1,871	2,167	2,734	3,100	2,512	3,145	3,790	3,204	2,756	3,330	3,525	3,642	3,364	3,587	3,876	4,042	3,776	3,921
Change	-	119.29%	36.22%	61.09%	-1.77%	-16.67%	-5.88%	17.61%	-6.23%	-3.3%	-23.91%	15.82%	26.17%	13.39%	-18.97%	25.2%	20.51%	-15.46%	-13.98%	20.83%	5.85%	3.32%	-7.63%	6.63%	8.05%	4.31%	-6.6%	3.85%
Net income ¹	238	1,050	1,415	2,206	2,249	1,783	1,679	2,069	1,964	1,851	1,546	1,788	2,142	2,418	1,904	2,405	2,977	2,474	2,139	2,552	2,698	2,789	2,575	2,744	2,965	3,094	2,899	2,909
Change	-	341.18%	34.76%	55.9%	1.95%	-20.72%	-5.83%	23.23%	-5.07%	-5.75%	-16.48%	15.65%	19.8%	12.89%	-21.26%	26.31%	23.78%	-16.9%	-13.54%	19.31%	5.73%	3.36%	-7.68%	6.56%	8.05%	4.37%	-6.33%	0.36%
Announcement Date	24/07/20	23/10/20	26/01/21	23/04/21	23/07/21	22/10/21	25/01/22	22/04/22	22/07/22	21/10/22	27/01/23	20/04/23	21/07/23	20/10/23	26/01/24	19/04/24	19/07/24	18/10/24	24/01/25	17/04/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: American Express Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	26/01/21	25/01/22	27/01/23	26/01/24	24/01/25	-	-	-

Estimates

Cash Flow Forecast: American Express Company

Fiscal Period: December	2020	2021	2023	2025	2026	2027
CAPEX ¹	1,478	1,550	1,563	1,484	1,306	1,285
Change	-	4.87%	-	-	-11.99%	-1.61%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	26/01/21	25/01/22	26/01/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: American Express Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	28.24%	-	39.86%	39.66%	39.91%
EBIT Margin (%)	25.01%	21.87%	22.26%	25.51%	27.42%	27.32%	27.52%	27.32%
EBT Margin (%)	11.9%	25.22%	18.13%	17.37%	19.55%	19.39%	19.93%	20.62%
Net margin (%)	8.41%	18.68%	14%	13.64%	15.16%	14.9%	15.34%	15.87%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	1.56%	4.17%	3.55%	3.37%	3.75%	3.74%	3.9%	4.4%
ROE	13.2%	35.19%	30.24%	31.5%	34.6%	34.46%	34.87%	37.27%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	4.1%	3.66%	-	2.58%	-	2.08%	1.7%	1.55%
CAPEX / EBITDA (%)	-	-	-	9.15%	-	5.22%	4.28%	3.88%
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	6.937	18.54	-	-	-	-	-	-
Change	-	167.24%	-	-	-	-	-	-
Dividend per Share ¹	1.72	1.72	2.08	2.4	2.8	3.276	3.61	4.092
Change	-	0%	20.93%	15.38%	16.67%	17.01%	10.17%	13.36%
Book Value Per Share ¹	26.58	27.05	31.12	36.61	40.88	46.86	52.34	54.37
Change	-	1.77%	15.05%	17.64%	11.66%	14.63%	11.7%	3.87%
EPS ¹	3.77	10.02	9.85	11.21	14.01	15.22	17.36	19.94
Change	-	165.78%	-1.7%	13.81%	24.98%	8.64%	14.04%	14.85%
Nbr of stocks (in thousands)	805,190	774,556	747,233	728,746	704,445	700,589	700,589	700,589
Announcement Date	26/01/21	25/01/22	27/01/23	26/01/24	24/01/25	-	-	-