←
Loading live data…
$AXP$324.97 ▼2.3%
American Express Company
WHAT THEY DO
American Express is a global payments company that issues charge and credit cards to consumers and businesses and earns fees from cardholders, merchants, and interest on lending balances. It also runs a large travel and lifestyle services business that books flights, hotels, and dining for card members.
💎 CONVERGENCE PLAY — in 2 themes
Premium ConsumerPayments DigitizationTravel & Experiences
PRICE
Loading…
REVENUE MIX
Merchant & Network Services38%
Interest Income (Card Member Loans)32%
Card Fees22%
Other/Processing & Travel8%
COST
COGS/Rewards & Cardmember Services38%
SG&A/Marketing & Ops24%
Provisions for Credit Losses8%
Op Margin18%
FINANCIAL HEALTH
Reported through Sep 30, 2026
Figures are trailing twelve months (TTM) unless marked otherwise.
REVENUE
$72.9B
Growth
11%
QTR YOY
Gross M.
62%
P/E
18.3
EV/EBITDA
0
Net M.
17%
FCF M.
9%
D/E
6.28
LATEST QTR
Op M.
18%
PLUG INTO YOUR DCF
Historical growth
16%
Analyst 5y growth
—
Forward P/E
16.1
PEG ratio
1.40
Trailing EPS
$17.80
Forward EPS
$20.20
Multiple compressing
Forward P/E is lower than trailing — earnings are expected to grow into the price.
CAPEX & R&D — LAST 0 FISCAL YEARS (SEC FILINGS)
Loading…
TAM
SIZE
$1.5T global payments by 2030
CAGR
7%
Global card payments and premium travel spend represent a very large, growing pool as cash converts to digital payments and affluent consumers keep spending on experiences. Amex competes for a slice of this via its closed-loop network and premium franchise.
RISK ASSESSMENT
HIGConsumer credit deterioration: rising delinquencies and provisions could compress earnings if unemployment rises.
MEDPremium spend slowdown: a pullback in affluent travel and discretionary spending would hit billed business and fees.
LOWRegulatory and interchange pressure on card fees and network economics.
🐂 BULL
Amex compounds revenue at double digits with a 34% ROE and premium brand pricing power, and trades at only 19x earnings with a growing fee base.
🐻 BEAR
Credit costs are normalizing and a consumer slowdown could hit billed business and loan growth, while the stock's premium multiple leaves little room for a miss.
EARNINGS
EPS · Q3 2026
Beat ✓
REVENUE
Beat ✓
MANAGEMENT TONE
BearishBullish
🔗 IMPACT ON YOUR THESIS
Premium card fee growth and annual fee hikes
On Track→On Track
Fee revenue growth remained strong, reinforcing the premium franchise.
Credit normalization and provisions
Watch→Watch
Provisions ticked up modestly; still manageable but worth monitoring.
AI-powered data, computed by TreasureX · May contain inaccuracies
⚠️
All values, scores, and figures here are computed from your own assumptions and public data, for educational purposes only. This is not investment advice — TreasureX does not recommend buying or selling any security. Results change with your inputs. Please do your own research and use your own judgement before making any investment decision.