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 33.4%.
- Consensus revenue growth for next year: American Express +92.4%, Mastercard +13.7%.
- Price / sales: Mastercard 15.4×, American Express 4.9×.
- Market value: Mastercard $540.87B, American Express $211.77B.
Price return
2025-10-16 → 2026-10-16
AXP−2.9%
MA+12.3%
Profile
latestSector
Financial Services
Financial Services
Industry
Financial - Credit Services
Financial - Credit Services
Market value
$211.77B
$540.87B
Enterprise value
$225.58B
$554.22B
Employees
76,800
39,800
Revenue per employee (TTM)
$561K
$881K
Our models
nightlythe valuation on each stock's pagePrice vs model
23% overvalued vs model
15% overvalued vs model
Model range
$196–421
$340–1345
Models in the headline
1
1
FCF growth priced in, at a 10% return
2.7%
18.2%
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 2026-10-16Last close
$313.59
$617.42
52-week high
$384.89
$617.42
52-week low
$292.27
$471.55
Price vs 52-week high
−18.5%
0.0%
Price vs 52-week low
+7.3%
+30.9%
Average daily volume / shares
0.4%
0.3%
Beta
1.08
0.76
Returns
to 2026-10-161 month
+0.4%
+8.7%
3 months
−13.3%
+11.9%
6 months
−3.7%
+19.1%
Year to date
−15.2%
+8.2%
1 year
−2.9%
+12.3%
1 year, dividends added
−1.8%
+12.9%
2 years
+11.3%
+20.1%
Valuation
price × TTM to Jun 2026P/E (TTM)
19.0×
34.0×
P/E on consensus EPS (next FY)
17.7×
30.9×
Price / sales
4.9×
15.4×
EV / sales
5.2×
15.8×
EV / EBITDA
—
25.6×
Price / book
6.2×
96.4×
Price / free cash flow (FY)
13.2×
31.5×
Free-cash-flow yield (FY)
7.6%
3.2%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
+92.4%
+13.7%
Revenue, 3-year CAGR
6.5%
13.8%
Revenue, 5-year CAGR
13.5%
6.8%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+15.0%
+20.8%
EPS, 3-year CAGR
16.0%
17.4%
Free cash flow, 3-year CAGR
−5.9%
16.9%
Diluted shares, 3-year change
−7.4%
−6.7%
Profitability
TTM to Jun 2026Gross margin (FY)†
83.2%
100.0%
Operating margin
—
58.3%
EBITDA margin
—
61.7%
Net margin
26.6%
46.3%
Free-cash-flow margin (FY)
38.7%
52.3%
Return on equity
33.4%
289.7%
Return on assets
3.7%
28.2%
Asset turnover
0.14
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
MRQ Jun 2026Cash
$45.24B
$11.29B
Total debt
$59.05B
$24.64B
Net debt
$13.81B
$13.35B
Debt / equity
1.7×
4.4×
Net debt / EBITDA (TTM)
—
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)
22.3%
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
$19.9M
Analyst upgrades
0
0
Analyst downgrades
0
0
Statements
income TTM to Jun 2026 · cash flow FY2025Revenue
$43.09B
$35.08B
EBITDA
—
$21.66B
Operating income
—
$20.46B
Net income
$11.45B
$16.26B
EPS (diluted)
$16.47
$18.18
Operating cash flow
$18.43B
$17.65B
Capital expenditure
−$2.42B
−$489.0M
Free cash flow
$16.00B
$17.16B
Dividends paid
$2.27B
$2.76B
Keep comparing
Statements from the companies' SEC filings; 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.