American Express Company

AXP Financial Credit Services

American Express Company’s revenue for fiscal 2025 (year ended December 2025) was $80.5 billion, up 8.44% from fiscal 2024.

Revenue
+6.92%
EPS
+31.2%
Free cash flow
−20.5%
Total debt
+1.30%

Quarter to September 2026, against a year earlier

323.91 1.06 −0.33%
Market cap
$217.9B
P/E
18.3×
Fwd P/E
17.4×
Dividend yield
1.13%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

American Express Company (AXP) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, American Express Company (AXP) trades at a P/B ratio of 6.1×. Over the past ten years it has ranged from 2.5× (February 2016) to 8.2× (December 2025); the current reading is higher than 82% of that period. That is above the Credit Services industry median of 1.2× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 7.7× 10.01%
FY2024 7.0× 41.54%
FY2023 4.9× 10.33%
FY2022 4.5× (23.18%)
FY2021 5.8× 37.44%
FY2020 4.2× (5.22%)
FY2019 4.5× 22.05%
FY2018 3.7× (23.49%)
FY2017 4.8× 39.51%
FY2016 3.4× 2.03%

Quarterly newest first

Period P/B ratio Change
Sep 2026 5.7× (14.54%)
Jun 2026 6.7× 9.76%
Mar 2026 6.1× (20.65%)
Dec 2025 7.7× 8.33%
43 more quarters

Against its own ten years

Low 2.5× High 8.2×
Ten-year median 4.5×
Current reading's percentile 80

P/B ratio against peers

Company P/B ratio
ALLY Ally Financial Inc. compare 0.9×
COF Capital One Financial Corporation compare 1.1×
SYF Synchrony Financial compare 1.6×
SOFI SoFi Technologies, Inc. compare 1.8×
PYPL PayPal Holdings, Inc. compare 2.6×
AFRM Affirm Holdings, Inc. compare 4.2×
AXP American Express Company 6.1×
V Visa Inc. compare 21.3×
MA Mastercard Incorporated compare 85.1×
Credit Services industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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