American Express Company
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 12.7 | 18.8 | 19.4 | 26.8 | 23.3 | 31.8 | 15.4 | 18.3 | 18.4 | 17.6 | 20.3 | 15.5 | 8.0 | 22.3 | 12.6 | 11.3 | 14.6 | 18.4 | 16.6 | 13.5 | 12.9 | 32.0 | 11.8 | 15.3 | 31.1 | 16.0 | 14.8 | 16.5 | 20.9 | 23.8 | |
| 1.5 | 2.1 | 2.2 | 3.1 | 2.8 | 1.8 | 1.7 | 2.1 | 2.8 | 2.7 | 2.7 | 2.0 | 0.7 | 1.8 | 1.7 | 1.7 | 1.9 | 2.8 | 2.8 | 2.0 | 1.8 | 2.3 | 1.9 | 2.2 | 2.5 | 2.9 | 2.0 | 2.0 | 2.9 | 3.2 | |
| 2.8 | 3.9 | 4.1 | 6.6 | 5.6 | 3.5 | 3.0 | 3.6 | 4.0 | 6.1 | 7.1 | 5.6 | 1.8 | 3.3 | 3.2 | 3.0 | 3.5 | 5.2 | 4.7 | 3.3 | 3.4 | 4.8 | 3.7 | 4.5 | 4.2 | 5.8 | 4.5 | 4.9 | 7.0 | 7.7 | |
| 2.5 | 3.0 | 3.1 | 4.2 | 4.1 | 3.3 | 2.5 | 3.3 | 4.2 | 4.0 | 4.3 | 3.6 | 1.7 | 2.8 | 3.5 | 2.9 | 3.1 | 4.0 | 3.9 | 2.9 | 2.5 | 2.9 | 2.7 | 3.0 | 2.9 | 3.4 | 2.2 | 2.1 | 3.0 | 3.3 | |
| 13.6 | 18.3 | 22.1 | 25.9 | 22.8 | 26.6 | 12.9 | 17.3 | 21.3 | 21.4 | 20.7 | 18.1 | 12.8 | 19.1 | 15.1 | 12.1 | 14.2 | 15.7 | 13.7 | 11.1 | 10.6 | 13.1 | 12.3 | 14.9 | 18.7 | 12.0 | 10.9 | 11.5 | 15.2 | 17.2 | |
| 5.4 | 7.8 | 11.7 | 10.1 | 12.0 | 9.3 | 5.1 | 36.1 | 7.5 | 8.7 | 9.2 | 8.2 | 2.8 | 8.5 | 6.1 | 6.0 | 10.9 | 13.1 | 10.0 | 7.2 | 10.1 | 7.1 | 10.7 | 8.6 | 23.7 | 9.9 | 5.8 | 8.1 | 17.4 | 16.1 | |
| 18.7% | 12.9% | 8.5% | 9.9% | 8.3% | 10.7% | 19.4% | 2.8% | 13.2% | 11.5% | 10.8% | 12.1% | 35.7% | 11.8% | 16.4% | 16.6% | 9.2% | 7.6% | 10.0% | 13.8% | 9.9% | 14.2% | 9.3% | 11.6% | 4.2% | 10.1% | 17.3% | 12.3% | 5.7% | 6.2% | |
| Margins | ||||||||||||||||||||||||||||||
| 93.1% | 94.8% | 94.8% | 95.1% | 94.3% | 93.4% | 95.5% | 96.5% | 84.2% | 82.1% | 80.4% | 75.0% | 70.7% | 71.4% | 84.6% | 89.4% | 88.3% | 89.1% | 89.3% | 89.5% | 86.6% | 87.5% | 85.4% | 85.1% | 82.2% | 100.3% | 91.1% | 82.5% | 81.9% | 83.2% | |
| 16.4% | 15.5% | 15.3% | 16.2% | 16.5% | 7.1% | 15.7% | 16.4% | 17.0% | 18.0% | 18.3% | 18.1% | 11.2% | 10.8% | 19.9% | 21.5% | 19.1% | 22.7% | 25.6% | 23.1% | 21.0% | 19.0% | 18.8% | 17.9% | 11.2% | 24.1% | 17.2% | 15.6% | 17.4% | 17.1% | |
| 11.7% | 11.2% | 11.2% | 11.6% | 11.9% | 5.8% | 11.2% | 11.5% | 15.3% | 15.0% | 13.4% | 12.7% | 8.5% | 8.1% | 13.5% | 15.3% | 13.3% | 15.4% | 16.7% | 15.0% | 14.0% | 7.0% | 16.0% | 14.4% | 8.2% | 18.1% | 13.5% | 12.4% | 13.7% | 13.5% | |
| 27.7% | 27.2% | 18.6% | 30.9% | 23.0% | 19.8% | 33.6% | 5.9% | 37.2% | 30.5% | 29.4% | 23.9% | 24.1% | 21.3% | 28.0% | 28.8% | 17.8% | 21.7% | 27.9% | 28.0% | 17.9% | 32.0% | 17.6% | 25.5% | 10.7% | 29.5% | 34.6% | 25.2% | 16.4% | 19.9% | |
| Returns | ||||||||||||||||||||||||||||||
| 22.3% | 20.8% | 21.0% | 24.5% | 24.0% | 10.9% | 19.3% | 19.5% | 21.5% | 34.8% | 35.3% | 36.4% | 22.8% | 14.8% | 25.4% | 26.3% | 23.7% | 28.2% | 28.5% | 24.6% | 26.2% | 15.0% | 31.5% | 29.3% | 13.6% | 36.3% | 30.4% | 29.8% | 33.5% | 32.4% | |
| 1.8% | 1.7% | 1.7% | 1.7% | 1.8% | 0.9% | 1.7% | 1.7% | 1.8% | 3.2% | 2.9% | 2.7% | 2.1% | 1.7% | 2.8% | 3.2% | 2.9% | 3.5% | 3.7% | 3.2% | 3.4% | 1.5% | 3.7% | 3.4% | 1.6% | 4.3% | 3.3% | 3.2% | 3.7% | 3.6% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 15,725 | 16,391 | 18,513 | 23,156 | 32,754 | 32,635 | 19,196 | 30,522 | 30,807 | 33,904 | 43,923 | 52,353 | 33,539 | 27,254 | 52,416 | 39,014 | 40,037 | 41,330 | 39,351 | 30,061 | 27,454 | 26,180 | 34,404 | 40,003 | 12,004 | 19,721 | 10,811 | 2,629 | 10,537 | 10,051 | |
| 5.4 | 5.6 | 6.8 | 6.7 | 7.6 | 11.7 | 4.1 | 6.2 | 7.0 | 7.3 | 7.6 | 8.3 | 7.8 | 7.0 | 7.6 | 5.0 | 5.4 | 4.6 | 3.9 | 3.3 | 3.0 | 3.0 | 3.7 | 4.2 | 2.1 | 1.6 | 1.0 | 0.2 | 0.7 | 0.6 | |
| 7.9% | 8.0% | 8.0% | 6.8% | 7.6% | 8.0% | 8.8% | 8.8% | 8.2% | 9.3% | 8.2% | 7.4% | 9.4% | 11.5% | 10.9% | 12.3% | 12.3% | 12.4% | 13.0% | 13.0% | 12.9% | 10.1% | 11.6% | 11.6% | 12.0% | 11.8% | 10.8% | 10.7% | 11.1% | 11.2% | |
| 2.2 | 2.1 | 2.2 | 3.0 | 3.5 | 3.3 | 2.1 | 2.4 | 2.4 | 3.9 | 4.7 | 5.6 | 4.6 | 3.0 | 4.3 | 3.4 | 3.3 | 3.2 | 3.0 | 2.5 | 2.6 | 3.2 | 2.8 | 2.8 | 2.0 | 1.9 | 1.8 | 1.8 | 1.7 | 1.7 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.30 | 1.39 | 1.54 | 1.81 | 2.07 | 0.98 | 2.01 | 2.30 | 2.68 | 2.92 | 2.99 | 3.35 | 2.33 | 1.82 | 3.39 | 4.17 | 3.93 | 4.92 | 5.60 | 5.15 | 5.75 | 3.10 | 8.06 | 8.14 | 3.89 | 10.20 | 9.99 | 11.38 | 14.21 | 15.56 | |
| 11.11 | 12.36 | 13.77 | 15.55 | 17.41 | 16.90 | 17.90 | 19.93 | 17.56 | 19.40 | 22.37 | 26.37 | 27.59 | 22.49 | 25.11 | 27.27 | 29.61 | 31.98 | 33.45 | 34.28 | 41.03 | 44.01 | 50.36 | 56.74 | 47.56 | 56.24 | 73.97 | 91.53 | 104.07 | 115.61 | |
| 5.84 | 6.66 | 7.34 | 7.38 | 8.59 | 9.01 | 10.42 | 11.81 | 12.47 | 8.39 | 8.49 | 9.22 | 10.23 | 12.30 | 13.39 | 15.87 | 16.55 | 17.45 | 19.67 | 20.94 | 21.93 | 20.61 | 25.61 | 27.80 | 28.52 | 28.07 | 32.86 | 38.12 | 42.45 | 48.09 | |
| 3.08 | 3.36 | 2.56 | 4.80 | 4.00 | 3.34 | 6.02 | 1.17 | 6.54 | 5.91 | 6.58 | 6.31 | 6.65 | 4.79 | 7.03 | 7.84 | 5.28 | 6.92 | 9.32 | 9.60 | 7.33 | 14.08 | 8.87 | 14.44 | 5.10 | 16.58 | 25.56 | 23.09 | 17.03 | 22.99 | |
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.