American Express vs Mastercard AXP vs MA
American Express and Mastercard on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Return on equity: Mastercard 289.7%, American Express 34.2%.
- Price / sales: Mastercard 15.3×, American Express 2.5×.
- Net margin: Mastercard 46.3%, American Express 14.3%.
- EV / EBITDA: Mastercard 24.8×, American Express 8.5×.
Price return
2025-10-26 → 2026-10-26
AXP−11.9%
MA+6.9%
Profile
latestSector
Financial Services
Financial Services
Industry
Financial - Credit Services
Financial - Credit Services
Market value
$212.76B
$537.43B
Enterprise value
$229.51B
$550.78B
Employees
76,800
39,800
Revenue per employee (TTM)
$1.1M
$881K
Our models
nightlythe valuation on each stock's pagePrice vs model
27% overvalued vs model
16% overvalued vs model
Model range
$193–415
$332–1365
Models in the headline
1
1
FCF growth priced in, at a 10% return
2.8%
18.9%
Every model, its assumptions and its range: AXP valuation · MA valuation. The growth priced in, at any return: AXP reverse DCF · MA reverse DCF.
Trading
close 2026-10-26Last close
$315.05
$613.50
52-week high
$384.89
$633.21
52-week low
$292.27
$471.55
Price vs 52-week high
−18.1%
−3.1%
Price vs 52-week low
+7.8%
+30.1%
Average daily volume / shares
0.4%
0.3%
Beta
1.08
0.76
Returns
to 2026-10-261 month
+2.0%
+8.1%
3 months
−3.4%
+13.7%
6 months
+0.3%
+21.7%
Year to date
−14.8%
+7.5%
1 year
−11.9%
+6.9%
1 year, dividends added
−10.9%
+7.5%
2 years
+17.8%
+20.9%
Valuation
AXP price × TTM to Sep 2026 · MA price × TTM to Jun 2026P/E (TTM)
17.7×
33.7×
P/E on consensus EPS (next FY)
17.9×
30.7×
Price / sales
2.5×
15.3×
EV / sales
2.7×
15.7×
EV / EBITDA
8.5×
24.8×
Price / book
5.9×
95.8×
Price / free cash flow (FY)
13.3×
32.7×
Free-cash-flow yield (FY)
7.5%
3.1%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
−1.2%
+13.7%
Revenue, 3-year CAGR
13.1%
13.8%
Revenue, 5-year CAGR
16.0%
16.5%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+14.5%
+20.8%
EPS, 3-year CAGR
16.1%
17.3%
Free cash flow, 3-year CAGR
−5.9%
14.1%
Diluted shares, 3-year change
−7.4%
−7.5%
Profitability
AXP TTM to Sep 2026 · MA TTM to Jun 2026Gross margin (FY)†
83.2%
100.0%
Operating margin
27.6%
57.7%
EBITDA margin
31.5%
63.3%
Net margin
14.3%
46.3%
Free-cash-flow margin (FY)
19.9%
50.1%
Return on equity
34.2%
289.7%
Return on assets
3.9%
28.2%
Asset turnover
0.28
0.61
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
AXP MRQ Sep 2026 · MA MRQ Jun 2026Cash
$43.20B
$11.29B
Total debt
$59.95B
$24.64B
Net debt
$16.75B
$13.35B
Debt / equity
1.7×
4.4×
Net debt / EBITDA (TTM)
0.6×
0.6×
Interest coverage (FY)
1.7×
27.0×
Current ratio (FY)
0.28
1.03
Dividends
trailing 12 monthsDividend yield
1.2%
0.6%
Dividends per share
$3.67
$3.48
Payout ratio (of TTM EPS)
20.6%
19.1%
Dividend per share, 5-year CAGR
16.4%
14.6%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
16
22
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$3.0M
$22.0M
Analyst upgrades
0
0
Analyst downgrades
0
0
Statements
AXP income TTM to Sep 2026 · cash flow FY2025 · MA income TTM to Jun 2026 · cash flow FY2025Revenue
$85.50B
$35.08B
EBITDA
$26.89B
$22.22B
Operating income
$23.56B
$20.23B
Net income
$12.26B
$16.26B
EPS (diluted)
$17.80
$18.18
Operating cash flow
$18.43B
$17.65B
Capital expenditure
−$2.42B
−$1.22B
Free cash flow
$16.00B
$16.43B
Dividends paid
$2.27B
$2.76B
Keep comparing
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.