American Express (AXP) fundamentals: P/E, valuation, undervalued?

American Express · Financials · ref. ETF XLF · price $334.16
Logo American ExpressSee the full American Express (AXP) profile
In short — American Express trades at 20.4× earnings (P/E), 16.6× forward, with a net margin of 16.1 % and revenue growth of +13 %. Read: Fairly valued (P/E 17 in line with ~11% growth (PEG 1.5)).

Is American Express stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$334.16+2.2% over range
Aug 28, 25low $292.27 · high $384.89Aug 27, 26
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50% recommend buying · 14 analysts
Valuation : Fairly valued — P/E 17 in line with ~11% growth (PEG 1.5)

Valuation

20.4
P/E (price/earnings)
16.6
Forward P/E
1.86
PEG
6.6
Price/book (P/B)
$225.7B
Market cap
16.37
EPS

Profitability & growth

16.1 %
Net margin
+13 %
Revenue growth
+11 %
Earnings growth
$59.1B
Total debt

American Express income statement

Fiscal yearRevenueNet incomeMargin
2022$52.9B$7.4B14.0 %
2023$60.5B$8.3B13.6 %
2024$65.9B$10.0B15.2 %
2025$72.2B$10.7B14.8 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is American Express's P/E and is the stock undervalued? What's a good P/E?

American Express's P/E is 20.4 (forward 16.6). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Fairly valued".

Is American Express profitable?

American Express has a net margin of 16.1 % (EPS 16.37). The company is profitable.

Is AXP stock expensive?

Our read: "Fairly valued" — P/E 17 in line with ~11% growth (PEG 1.5). Cross-check with growth and sector.

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