Sectivia

American ExpressAXP

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

A closed-loop network and card issuer in one — it earns fees from merchants and interest from its affluent cardholders, and owns the customer relationship end to end.

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

Key metrics

Market cap
$239B
Price
$356.24
Today
+1.6%
Return YTD
−5.2%
Return 1Y
+7.8%
P/E
21.3
P/S
3.0
P/B
7.0

Data as of 2026-07-13 · 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

Same segment: Payment rails & networks

VisaV MastercardMA PayPalPYPL FiservFI Global PaymentsGPN

Compare AXP

AXP vs V AXP vs MA AXP vs PYPL AXP vs FI AXP vs GPN
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