This is the standing evidence sheet for American Express (AXP): the yardsticks BullScope computes from official SEC filings and market prices. It refreshes whenever a new edition of our research is published, and it is impersonal by design, every reader sees the same page. Nothing here is investment advice; it is the evidence, organized.
The price tag: what buyers pay per dollar of profit
Today the market pays about $19.3 for each $1 of American Express’s annual profit (a price-to-earnings ratio of 19.3). Across its own past decade the typical price tag was 19.7, which puts today at roughly the 47th percentile of the company’s own history.
The tape: what the stock itself has done
- Last price: $313.87 (end-of-day market data as of the edition date · methodology) · 18% below its 52-week high
- Past 6 months: -3.6% · past 12 months: -5.7%
- Day-to-day temperament: jumpy (annualized volatility 26%)
The filed record: straight from the annual reports
| Fiscal year | Revenue | Growth | Operating margin | EPS |
|---|---|---|---|---|
| FY2021 | $27.7B | +26.1% | 38.6% | $10.02 |
| FY2022 | $34.2B | +23.5% | 28.0% | $9.85 |
| FY2023 | $37.2B | +8.8% | 28.2% | $11.21 |
| FY2024 | $38.8B | +4.3% | 33.2% | $14.01 |
| FY2025 | $41.3B | +6.4% | 33.4% | $15.38 |
The road ahead: filed results vs published expectations
| FY2023A | FY2024A | FY2025A | FY2026E | FY2027E | |
|---|---|---|---|---|---|
| Net revenues ($B) | 37.2 | 38.8 | 41.3 | 43.6 to 46.1 | 46.2 to 50.2 |
| Net revenue growth (%) | +5.9 | +4.3 | +6.4 | 5 to 12 | 6 to 9 |
| Operating margin (%) | 28.2 | 33.2 | 33.4 | 32.5 to 34.5 | 32.0 to 35.0 |
| Diluted EPS ($) | 11.21 | 14.01 | 15.38 | 15.80 to 18.50 | 16.50 to 20.50 |
Columns marked A are actual filed results; E columns are the published consensus ranges the current price is being weighed against.
The four gauges: from the latest edition
BullScope coverage of American Express
Read the full report on American Express in the BullScope Terminal → It opens with this company loaded.
Edition date: 2026-08-13. This page updates when a new edition is published. Sources: SEC EDGAR filings, Nasdaq prices; computed by BullScope’s published methodology.
