Sectivia

American ExpressAXP

NYSE · USA · Segment 3 of 6 in the Banks, payments & capital markets value chain: Payment rails & networks

Network and issuer are the same company here, so American Express collects merchant fees and cardholder interest both, and keeps the customer relationship from end to end. Its cardholders skew affluent.

Payment rails & networks: The networks and processors that take a fee every time a card is swiped, the fee engine.

Key metrics

Market cap
$230B
Price
$336.15
Today
+0.1%
Return YTD
−9.2%
Return 1Y
+6.4%
P/E
20.1
P/S
2.8
P/B
6.7

Data as of 2026-08-27 · updates daily after U.S. close

Theme exposure

Closed-loop networkPremium cardsLenderPremium spendingCard feesConsumer credit

In the value chain

Products & services

  • Consumer & business cards
  • Merchant network
  • Lending & fees

Competitors

Risks

  • Credit losses among cardholders
  • Reliance on affluent spending

Supply chain

Supplies →

← Suppliers

Full supply chain for AXP →

Same segment: Payment rails & networks

Compare AXP

See where American Express sits in the full Banks, payments & capital markets map: every segment from upstream suppliers to end markets, with daily metrics.Open the Finance value chain →