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American Express Co (AXP)

Superavaliada
Financial ServicesCredit ServicesUnited States

Fundamental

72

Preço

$304.10

Capitalização de Mercado

$206.87B

Parte 1 · Quanto vale a empresa

Visão Geral

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending. It also provides merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services, as well as network services. The company offers its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, in-house sales teams, direct mail, telephone, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 18 de setembro de 2026 with claude-haiku-4-5 — shared with all users

P/E: 11.2Score: 76Market cap: $120.53B

Since closing the Discover acquisition in May 2025 Capital One is the only other US player that both issues cards and runs its own networks (Discover, Diners Club, PULSE), so it competes with American Express for the same cardholders, the same merchant acceptance and the same network fees.

P/E: 14.2Score: 68Market cap: $894.72B

Chase is the largest US card issuer and its Sapphire Reserve and Preferred cards target the same affluent, fee-paying travel customer as the Amex Platinum and Gold, while both bid for the same airline and hotel cobrand contracts.

P/E: 30.0Score: 74Market cap: $172.69B

Visa is the network American Express names first among its competitors: the two compete for merchant acceptance, for payment volume and for the issuing banks that decide which brand to put on their cards.

P/E: 30.3Score: 82Market cap: $69.63B

Mastercard competes on the same ground as Visa — merchant acceptance and transaction volume — and pushes hardest against Amex in premium and commercial cards, where its World Elite and corporate programmes chase the same high-spending customers.

P/E: 18.5Score: 74Market cap: $229.70B

Citi is one of the largest US card issuers and a direct rival in airline cobrand partnerships and rewards-driven consumer cards, competing for the same revolving balances and the same spending.

P/E: 9.9Score: 82Market cap: $46.40B

American Express names PayPal among the digital payment platforms that divert transactions away from its network, competing for the same online checkout and, through PayPal Credit, for the same consumer credit.

Balanço & Liquidez

Receita

$75.95B

Últimos 12 meses (até 30/06/2026)

Resultado Líquido

$11.45B

Últimos 12 meses (até 30/06/2026)

Fluxo de Caixa Livre

$16.00B

Capital Próprio Total

$33.47B

Passivo Total

$266.58B

Rácio de Liquidez

0.64

Cobertura de Juros

0.80

Dívida/EBITDA

-

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

BancoSobrevalorizada

Valor Justo

$240.47

Preço Atual

$304.10

Margem de Segurança

-26.5%

Intervalo de Valor Justo

$156.31 - $324.63

Dispersão entre os métodos de avaliação utilizados, não um intervalo de confiança calibrado estatisticamente.

Métodos de Estimativa

Preço-alvo dos analistas:$378.54
Fluxo de caixa descontado (DCF):Não aplicável a este tipo de empresa
Multiplicador de lucros (P/E):$258.49
Fórmula de crescimento de Graham:Não aplicável a este tipo de empresa
Valor da capacidade de gerar lucro (EPV):Não aplicável a este tipo de empresa
P/B justificado:$222.40
Desconto de dividendos (Gordon):$51.50
P/FFO, fundos de operações:Não aplicável a este tipo de empresa
Lucros de meio de ciclo:Não aplicável a este tipo de empresa
Multiplicador sobre as receitas:Não aplicável a este tipo de empresa
Consenso dos Analistas:Comprar (20B / 16H / 1S)
Última Surpresa de Resultados:+1.84%

Métricas de Avaliação

Rácio P/E

18.46

ROE

32.4%

Rácio P/B

5.99

P/FCF

13.64

Margem Bruta

-

ROIC

-

Radar de Rentabilidade

Criação de Valor (Vantagem Competitiva)

ROIC

-

WACC

11.6%

ROIC − WACC

-

Critérios de Análise Fundamental

Aprovado (17)

  • EPS shows upward trend
  • EPS CAGR 8.85%
  • Price CAGR 15.93%
  • P/FCF 13.64
  • Operating Margin 19.4%
  • Positive Free Cash Flow
  • CapEx intensity
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 34.1%
  • Revenue Growth 5Y 16.0%
  • Analyst Consensus 54% Buy
  • PEG Ratio 0.56
  • Earnings Quality (OCF/NI) 1.61
  • Share Dilution -2.6%
  • Net Margin Trend 15.1% vs 14.8%
  • Piotroski F-Score 5/9

Reprovado (6)

  • P/B Ratio 5.99
  • Debt/Equity ratio
  • Interest Coverage
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Earnings Surprise avg 2.1%

Indisponível (5)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Current Ratio
  • Debt/EBITDA

Piotroski F-Score

5/9

Sinais mistos: algumas áreas requerem atenção

score
criteria

Qualidade dos Resultados

1.61

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

-2.6%

A recomprar ações. Favorável ao acionista

Participações institucionais

Governação

Equipa Executiva

NomeCargoIdade
Mr. Stephen Joseph SqueriChairman & CEO65
Mr. Christophe Y. Le CaillecChief Financial Officer59
Mr. Raymond Donald JoabarGroup President of Global Commercial Services59
Mr. Howard Martin GrosfieldGroup President of US Consumer Services56
Mr. Ravikumar RadhakrishnanExecutive VP & CIO53
Mr. Kartik RamachandranSenior VP & Head of Investor Relations-
Ms. Laureen E. SeegerChief Legal Officer63
Ms. Elizabeth RutledgeChief Marketing Officer63
Ms. Glenda G. McNealChief Partner Officer64
Ms. Denise PickettPresident of Enterprise Shared Services59

Risco de Auditoria

4

Risco do Conselho

9

Risco de Remuneração

1

Risco dos Direitos dos Acionistas

6

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Documentos

  • Relatório anual (10-K)

    Uma visão anual do negócio, dos resultados financeiros e dos riscos da empresa.

    Arquivado em 2026-02-06

    Ver documento
  • Relatório trimestral (10-Q)

    Uma atualização sobre o desempenho financeiro dos últimos três meses.

    Arquivado em 2026-07-24

    Ver documento
  • Relatório de fato relevante (8-K)

    Um aviso sobre um fato relevante, como uma mudança na liderança ou um grande anúncio.

    Arquivado em 2026-09-15

    Ver documento

via SEC EDGAR

Histórico de Resultados

via SEC EDGAR

Latest News

Recent headlines for AXP, sourced from Markets Gazette.

  • 20h agoPOSITIVE
    Amex's New AI Agent for Expenses

    American Express has unveiled a new AI-powered corporate platform designed to significantly reduce the time spent on expense reports. The platform offers finance teams real-time spend insights and utilizes agentic tools to optimize back-office operations for mid-sized businesses. This innovation is expected to enhance efficiency and provide valuable data analytics, potentially improving cost management and strategic financial planning for its corporate clients. The development signals Amex's commitment to leveraging cutting-edge technology to deliver enhanced value and competitive advantages in the corporate services sector.

  • 7/24/2026POSITIVE
    American Express rides a boom in Platinum cards to its strongest spending growth in years

    American Express reported its strongest spending growth in years, attributed to a surge in its premium Platinum card offerings. An executive highlighted that the appeal lies in the cardmember perks and 'access' provided. This robust performance indicates a strong consumer appetite for high-end services and a successful strategy by Amex in leveraging its premium segment. For investors, this suggests Amex is effectively capturing high-value customer spending and potentially gaining market share in the premium credit card space, which could translate to increased revenue and profitability.

  • 6/20/2026NEUTRAL
    Better Payments Stock for the Long Haul: American Express or Visa?

    The article compares American Express and Visa, highlighting their distinct business models. American Express targets a niche, premium customer segment, focusing on high-value transactions and loyalty programs. In contrast, Visa operates as a payment network intermediary, facilitating transactions for a broad range of consumers and businesses globally. This strategic difference impacts their growth potential and market positioning. While Amex focuses on deepening relationships with affluent customers, Visa aims for ubiquitous adoption. Investors should consider these differing strategies when evaluating long-term prospects for each company.

  • 6/18/2026POSITIVE
    $1000 Invested In American Express 5 Years Ago Would Be Worth This Much Today

    An investment of $1000 in American Express Company (AXP) five years ago would have yielded a significant return, illustrating the company's robust performance and stock appreciation over the period. While specific figures are not provided in the title, such a headline typically indicates substantial growth, likely driven by strong earnings, strategic initiatives, and positive market sentiment towards the financial services sector. Investors who held AXP would have benefited from its ability to navigate economic cycles and capitalize on consumer spending trends, making it a noteworthy performer in the financial sector.

  • 5/11/2026NEUTRAL
    Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend

    American Express has acquired Resy, a restaurant reservation platform, while JPMorgan Chase acquired The Infatuation, a restaurant review and lifestyle company. These moves signal a strategic shift by major credit card issuers to influence consumer spending habits beyond simple rewards programs. By integrating dining reservation and review services, companies like Amex and Chase aim to capture a larger share of the lucrative dining market and gather valuable consumer data. This consolidation could lead to more exclusive partnerships and integrated experiences for cardholders, potentially altering the competitive landscape for both financial services and the hospitality tech sector.

  • 5/6/2026POSITIVE
    The CEO who was told he’d never run American Express has made Amex cool again—and is beating JPMorgan, Visa, and the S&P 500

    American Express has achieved remarkable success, outperforming major financial institutions like JPMorgan and Visa, as well as the S&P 500 index. This turnaround is attributed to CEO Stephen Squeri's strategy of appealing to younger demographics by offering premium credit cards, such as one priced at $900 annually. This innovative approach has resonated with consumers, demonstrating Amex's ability to adapt and thrive in a competitive market. Investors are likely to view this performance positively, signaling strong management and a successful market positioning.

  • 4/23/2026NEUTRAL
    American Express Sees Strong Card Spending, Higher Costs

    American Express Company announced plans to increase investments in marketing and technology, signaling a strategic push for future growth. However, the company also noted a slowdown in customer spending on air travel, a key segment for card spending. This mixed outlook presents a nuanced picture for investors. While increased spending could drive future revenue, the deceleration in travel spending poses a near-term headwind. The company's ability to navigate these competing forces will be crucial for its performance.

  • 4/23/2026POSITIVE
    Amex cardholders are loading up on luxury goods and premium airfares, as spending growth picks up

    American Express reported a robust 10% growth in spending on its cards during the first quarter. This surge is primarily driven by cardholders increasing their expenditure on luxury goods and premium airfares, indicating a strong consumer appetite for high-value purchases. The data suggests a positive trend in consumer confidence and discretionary spending, particularly among Amex's affluent customer base. For investors, this signals potential for continued revenue growth and profitability for American Express, as higher spending translates directly into increased transaction fees and interest income.

via Markets Gazette