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American Express Co AXP Stock Quote

| Rating as of

NYSE: AXP

Last close prices updated as of Jun 09, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 171.72
  • Sector Financial Services
  • Industry Credit Services
  • Investment Style Large Blend
  • Day Range 170.94  –  172.22
  • Year Range 130.65  –  182.15
  • Market Cap 127.6293 Bil
  • Volume / Avg 2.2 Mil /  3.5 Mil
  • Price / Sales 2.34
  • Price / Book 4.91
  • Forward Div Yield 1.40%
  • Trailing Div Yield 1.26%

Morningstar‘s Stock Analysis AXP

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Despite Economic Fears American Express Sees Strong New Card Acquisition and Spending Growth

Michael Miller Equity Analyst

Business Strategy and Outlook

| Michael Miller |

American Express enjoyed strong tailwinds in 2022 as the company’s payment volume benefited from a recovery in travel and entertainment spending (roughly 30% of prepandemic billings) while growing momentum with younger demographics drove record new card acquisitions. American Express generates more than 80% of its revenue through noninterest income, with its largest source of revenue being the discount rate charged to merchants when they accept payments. This means that the level of consumer spending has a direct impact on the company’s revenue while new cardholders drive additional revenue, regardless of borrowing habits.

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Key Statistics AXP

Company Profile AXP

Business Description

American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

Contact
200 Vesey Street
New York, NY, 10285
Industry Credit Services
Employees 77,300

Related Articles AXP

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of AXP’s competitive advantage.

American Express Co

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Visa Inc Class A

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Price
171.72111.49114.14223.56
Currency
USDUSDUSDUSD
Change
+$0.58 (0.34%) −$0.14 (0.13%) +$0.55 (0.48%) +$0.51 (0.23%)
Market Cap
127.63 Bil42.57 Bil28.99 Bil468.22 Bil
Industry
Credit Services Credit Services Credit Services Credit Services
Sector
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for American Express Co Stock

Yes. AXP has a forward dividend yield of 1.40%. See AXP’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

AXP’s market cap is 127.63 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

AXP’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

AXP’s price/sales is 2.34.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

AXP’s price/forward earnings is 18.04.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

AXP’s price/book is 4.91.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See AXP’s valuation ratios compared to the Market Index.

AXP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare AXP’s historical performance against its industry peers and the overall market.