Financials American Express Company

Equities

AXP

US0258161092

Consumer Lending

Market Closed - Nyse Other stock markets 02:30:02 06/12/2025 am IST			5-day change	1st Jan Change
370.35 ^USD	-0.22%		+1.39%	+24.79%

03/12	Wall Street's Dovish Delusion?
03/12	American Express' France Unit Fined $1.8 Million by CNIL for Cookie Violations	MT

Projected Income Statement: American Express Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	36,087	42,380	52,862	60,515	65,949	72,097	78,488	85,031
Change	-	17.44%	24.73%	14.48%	8.98%	9.32%	8.86%	8.34%
EBITDA ¹	-	-	-	17,087	-	21,940	26,436	32,974
Change	-	-	-	-	-	-	20.49%	24.73%
EBIT ¹	9,026	9,270	11,767	15,436	18,080	19,206	21,154	23,117
Change	-	2.7%	26.94%	31.18%	17.13%	6.23%	10.14%	9.28%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,296	10,689	9,585	10,513	12,895	13,961	15,398	17,138
Change	-	148.81%	-10.33%	9.68%	22.66%	8.27%	10.29%	11.3%
Net income ¹	3,036	7,917	7,400	8,252	9,995	10,766	11,820	13,131
Change	-	160.77%	-6.53%	11.51%	21.12%	7.72%	9.79%	11.09%
Announcement Date	26/01/21	25/01/22	27/01/23	26/01/24	24/01/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	9,351	9,064	10,243	10,928	12,145	11,735	13,395	13,556	14,176	14,281	15,054	15,381	15,799	15,801	16,333	16,636	17,179	16,967	17,856	18,426	18,889	18,516	19,515	19,998	20,615	20,305	21,486	22,054
Change	-	-3.07%	13.01%	6.69%	11.14%	-3.38%	14.15%	1.2%	4.57%	0.74%	5.41%	2.17%	2.72%	0.01%	3.37%	1.86%	3.26%	-1.23%	5.24%	3.19%	2.51%	-1.98%	5.4%	2.48%	3.09%	-1.5%	5.81%	2.64%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,479	-	4,476	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,747	2,318	2,334	2,259	2,359	2,679	2,953	3,237	2,898	3,222	4,000	4,333	3,949	4,414	5,058	4,560	4,048	4,480	4,955	5,112	4,689	4,963	5,385	5,514	5,469	5,300	5,838	5,891
Change	-	32.68%	0.69%	-3.21%	4.43%	13.57%	10.23%	9.62%	-10.47%	11.18%	24.15%	8.32%	-8.86%	11.78%	14.59%	-9.85%	-11.23%	10.67%	10.6%	3.17%	-8.28%	5.85%	8.51%	2.39%	-0.82%	-3.1%	10.16%	0.91%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,858	2,993	2,940	2,450	2,306	2,712	2,543	2,459	1,871	2,167	2,734	3,100	2,512	3,145	3,790	3,204	2,756	3,330	3,550	3,825	3,238	3,546	3,945	4,044	3,798	3,830	4,297	4,370
Change	-	61.09%	-1.77%	-16.67%	-5.88%	17.61%	-6.23%	-3.3%	-23.91%	15.82%	26.17%	13.39%	-18.97%	25.2%	20.51%	-15.46%	-13.98%	20.83%	6.61%	7.75%	-15.34%	9.49%	11.27%	2.51%	-6.09%	0.84%	12.19%	1.7%
Net income ¹	1,415	2,206	2,249	1,783	1,679	2,069	1,964	1,851	1,546	1,788	2,142	2,418	1,904	2,405	2,977	2,474	2,139	2,552	2,852	2,868	2,454	2,702	3,021	3,089	2,897	2,870	3,222	3,279
Change	-	55.9%	1.95%	-20.72%	-5.83%	23.23%	-5.07%	-5.75%	-16.48%	15.65%	19.8%	12.89%	-21.26%	26.31%	23.78%	-16.9%	-13.54%	19.31%	11.76%	0.56%	-14.45%	10.11%	11.82%	2.24%	-6.2%	-0.95%	12.29%	1.75%
Announcement Date	26/01/21	23/04/21	23/07/21	22/10/21	25/01/22	22/04/22	22/07/22	21/10/22	27/01/23	20/04/23	21/07/23	20/10/23	26/01/24	19/04/24	19/07/24	18/10/24	24/01/25	17/04/25	18/07/25	17/10/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: American Express Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	26/01/21	25/01/22	27/01/23	26/01/24	24/01/25	-	-	-

Estimates

Cash Flow Forecast: American Express Company

Fiscal Period: December	2020	2021	2023	2025	2026	2027
CAPEX ¹	1,478	1,550	1,563	1,484	1,306	1,285
Change	-	4.87%	-	-	-11.99%	-1.61%
Free Cash Flow (FCF) ¹	-	-	-	10,703	11,820	-
Change	-	-	-	-	10.44%	-100%
Announcement Date	26/01/21	25/01/22	26/01/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: American Express Company

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	28.24%	-	30.43%	33.68%	38.78%
EBIT Margin (%)	25.01%	21.87%	22.26%	25.51%	27.42%	26.64%	26.95%	27.19%
EBT Margin (%)	11.9%	25.22%	18.13%	17.37%	19.55%	19.36%	19.62%	20.15%
Net margin (%)	8.41%	18.68%	14%	13.64%	15.16%	14.93%	15.06%	15.44%
FCF margin (%)	-	-	-	-	-	14.85%	15.06%	-
FCF / Net Income (%)	-	-	-	-	-	99.42%	100%	-
Profitability
ROA	1.56%	4.17%	3.55%	3.37%	3.75%	3.75%	3.86%	4.09%
ROE	13.2%	35.19%	30.24%	31.5%	34.6%	34.89%	35.8%	37.97%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	4.1%	3.66%	-	2.58%	-	2.06%	1.66%	1.51%
CAPEX / EBITDA (%)	-	-	-	9.15%	-	6.76%	4.94%	3.9%
CAPEX / FCF (%)	-	-	-	-	-	13.86%	11.05%	-
Items per share
Cash flow per share ¹	6.937	18.54	-	-	-	-	-	-
Change	-	167.24%	-	-	-	-	-	-
Dividend per Share ¹	1.72	1.72	2.08	2.4	2.8	3.26	3.629	4.076
Change	-	0%	20.93%	15.38%	16.67%	16.43%	11.32%	12.31%
Book Value Per Share ¹	26.58	27.05	31.12	36.61	40.88	46.41	51.11	55.45
Change	-	1.77%	15.05%	17.64%	11.66%	13.53%	10.12%	8.5%
EPS ¹	3.77	10.02	9.85	11.21	14.01	15.47	17.47	19.93
Change	-	165.78%	-1.7%	13.81%	24.98%	10.4%	12.96%	14.05%
Nbr of stocks (in thousands)	8,05,190	7,74,556	7,47,233	7,28,746	7,04,445	6,88,852	6,88,852	6,88,852
Announcement Date	26/01/21	25/01/22	27/01/23	26/01/24	24/01/25	-	-	-