American Express Company AXP
- Market cap
- $207.3B
- P/E
- 18.7×
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American Express Company (AXP) Return on invested capital
American Express Company's return on invested capital over the twelve months to 30 June 2026 was 20.0%, down 0.4 percentage points from fiscal 2025 (20.5%). Over the past ten years it has ranged from 8.14% (fiscal 2020) to 22.4% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Credit Services industry median of 4.09% and above the Financial sector median of 4.85%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 20.5% | 0.00 |
| FY2024 | 20.5% | (1.91) |
| FY2023 | 22.4% | 4.45 |
| FY2022 | 18.0% | 0.74 |
| FY2021 | 17.2% | 9.07 |
| FY2020 | 8.14% | (1.19) |
| FY2019 | 9.33% | (0.20) |
| FY2018 | 9.53% | (1.75) |
| FY2017 | 11.3% | (0.61) |
| FY2016 | 11.9% | 1.10 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MA Mastercard Incorporated compare | 70.5% |
| V Visa Inc. compare | 38.0% |
| AXP American Express Company | 20.0% |
| PYPL PayPal Holdings, Inc. compare | 16.9% |
| SYF Synchrony Financial compare | 16.8% |
| COF Capital One Financial Corporation compare | 7.92% |
| ALLY Ally Financial Inc. compare | 4.64% |
| SOFI SoFi Technologies, Inc. compare | 4.26% |
| AFRM Affirm Holdings, Inc. compare | 2.16% |
| Credit Services industry median | 4.09% |
| Financial sector median | 4.85% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on AXP
- Revenue
- Net income
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement