Company Dossier · Financials
American Express
- S&P 500
- S&P 100
- Dow 30
- Russell 1000
What American Express is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $43.1 billion, up 8.8% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $15.1 billion, up 36% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $3.42 billion, up 71% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $5.81 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to December 31, 2025: $24.4 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 24, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
- Guidance in the last 90 days: 1 outlook figure raised, 0 lowered, 1 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed February 6, 2026): 1 risk factor added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $3.0 million on the open market.SEC Form 4
- 3,022 institutional managers reported a position at June 30, 2026 (+110 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 308 (188 a year earlier).U.S. Department of Labor (OFLC)
- Headlines in the last 30 days: 10, of which 1 read positive and 2 negative.Palanor headline tone
Company Posture
How Company Posture is measured →What American Express is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Steady · Confident
Expanding ↔ Retrenching
Steady
- Capital spending95th pct
- Debt raised29th pct
- Buybacks vs capex77th pct
- Hiring filings8th pct
- Deals and private raises48th pct
- Patent publications52nd pct
Confident ↔ Hedging
Confident
- Call sentiment92nd pct
- Call confidence90th pct
- Guidance changes80th pct
- Risk factors added31st pct
- Insider open-market trades28th pct
- + Call sentiment
- + Call confidence
- + Guidance changes
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver34th pct
- Stress filings49th pct
Credit
How these are built →American Express's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Bonds priced, last 12 months
$5.3B
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Jun 10, 2026 | €750M | — | 2034 (8y) | +95bp | 3.835% |
| Apr 27, 2026 | $1.75B | — | 2030 (4y) | +62bp | 4.444% |
| Feb 3, 2026 | $1.35B | OTHER | 2029 (3y) | +45bp | 4.009% |
| Feb 3, 2026 | $650M | — | 2029 (3y) | — | — |
| Feb 3, 2026 | $1B | — | 2032 (6y) | +63bp | 4.456% |
| Feb 3, 2026 | $500M | — | 2041 (15y) | +115bp | 5.412% |
| Oct 20, 2025 | $2B | 4.804% | 2036 (11y) | +82bp | 4.804% |
| Jul 21, 2025 | $750M | OTHER + 81bp | 2029 (4y) | — | — |
| Jul 21, 2025 | $1.5B | OTHER | 2029 (4y) | +55bp | 4.351% |
| Jul 21, 2025 | $1.75B | 4.918% | 2033 (8y) | +80bp | 4.918% |
| May 13, 2025 | €1B | 3.433% | 2032 (7y) | +114bp | 3.433% |
| Apr 21, 2025 | $1.5B | 5.016% | 2031 (6y) | +108bp | 5.016% |
From the pricing term sheets American Express filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
In the news
Headlines that name American Express, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NegativeAmerican Express fined $350 million over anti-money laundering compliance failures
economictimes.indiatimes.com · via Marketaux · Oct 9, 2026
- NegativeAmerican Express fined $350M for gaps in its anti-money-laundering controls (AXP:NYSE)
seekingalpha.com · via Marketaux · Oct 8, 2026
- NeutralFederal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
Federal Reserve Press · Oct 8, 2026
- NeutralAmerican Express Now Allows Customizing Card Order in the App and Login
doctorofcredit.com · via Marketaux · Oct 7, 2026
- NeutralAmerican Express' Weakness Is Our Opportunity (NYSE:AXP)
seekingalpha.com · via Marketaux · Oct 7, 2026
- NeutralAmerican Express and IDA mark five years of backing international small restaurants as 2026 UK applications open
retailtimes.co.uk · via Marketaux · Oct 5, 2026
- NeutralAmerican Express Transfer Bonus: 25% To AirFrance/KLM FlyingBlue (1:1.25)
doctorofcredit.com · via Marketaux · Oct 2, 2026
- NeutralETFs Are Net Sellers of American Express (AXP) on Sept. 30
gurufocus.com · via Marketaux · Oct 2, 2026
- NeutralAmerican Express Business Gold Adds UPS To $240 Flexible Credit Benefit (Replaces FedEx)
doctorofcredit.com · via Marketaux · Oct 1, 2026
- PositiveAmerican Express (AXP) Launches Enhanced Corporate Cashback Program with Integrated Expense Tools
gurufocus.com · via Marketaux · Sep 30, 2026
- NeutralFederal Reserve Board issues enforcement actions with former employee of Northstar Bank, former employee of American Express Travel Related Services Company, Inc., and former employee of Regions Bank
Federal Reserve Board issues enforcement actions with former employee of Northstar Bank, former employee of American Express Travel Related Services Company, Inc., and former employee of Regions Bank
Federal Reserve Press · Sep 18, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 21, 2026LobbyingLobbying report (AMERICAN EXPRESS COMPANY)third_quarter 2026 · $0.5 million
- Oct 20, 2026LobbyingLobbying report (RICH FEUER ANDERSON)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)third_quarter 2026 · $0.1 million
- Oct 20, 2026PatentPatent granted: RIGID TRANSACTION CARDUS 12769976
- Oct 19, 2026LobbyingLobbying report (ERNST & YOUNG LLP (WASHINGTON COUNCIL ERNST & YOUNG))third_quarter 2026 · $0.1 million
- Oct 16, 2026LobbyingLobbying report (MAYER BROWN LLP)third_quarter 2026
- Oct 13, 2026Patent
- Oct 6, 2026Patent
- Oct 6, 2026Patent
- Sep 22, 2026Patent
- Jul 21, 2026LobbyingLobbying report (RICH FEUER ANDERSON)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (MAYER BROWN LLP)second_quarter 2026
- Jul 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)second_quarter 2026 · $0.1 million
- May 7, 20268-KShareholder vote resultsItem 5.07
- Feb 6, 202610-KAnnual report (10-K)1 risk factors added, 0 removed
- Sep 29, 20258-KDirector or officer changeItem 5.02
- Jul 23, 20258-KDirector or officer changeItem 5.02
- May 1, 20258-KShareholder vote resultsItem 5.07
- Mar 3, 20258-KDirector or officer changeItem 5.02
- Feb 7, 202510-KAnnual report (10-K)0 risk factors added, 0 removed
- Jan 30, 20258-KDirector or officer changeItem 5.02
- Feb 9, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Capital One COF | $9.9B | $29.7B | Jun 30, 2026 |
| Sallie Mae SLM | — | — | — |
| Synchrony Financial SYF | — | — | — |
| Visa Inc. V | $43.0B | $21.2B | Mar 31, 2026 |
| Travelers Companies (The) TRV | $48.9B | — | Sep 30, 2026 |
| Apollo Global Management APO | $35.9B | — | Jun 30, 2026 |
| Mastercard MA | $35.1B | $16.7B | Jun 30, 2026 |
| PayPal PYPL | $33.7B | $5.5B | Mar 31, 2026 |