American Express Credit's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of American Express Credit (AXP1) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: American Express Credit vs Its Competitors
- TTM: Trailing 12-month revenue of 906M vs 1,901M combined for its competitors (32.3% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-21.0% annualized vs trailing 12 months), vs decelerating (-13.2%) for its tracked peer group.
- Profitability: Its 49.7% net margin compares with 20.3% for the peer group.
- Peer revenue share: American Express Credit accounted for 30.3% of combined revenue among its tracked peer group.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
AXP1 Sales vs. its Competitors, Q3 2021
With a net margin of 49.72 %, American Express Credit achieved higher profitability than its competitors (20.25 %).
American Express Credit generated 30.26 % of the combined sales of its peer group.
API endpoints for this dataset
American Express Credit vs. its Competitors, Q3 2021
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in American Express Credit reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across American Express Credit and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| American Express Credit Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (10) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across American Express Credit's competitor groups requires a Commercial License.
American Express Credit's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| American Express Credit Corporation | Yes | No | No | Yes |
| Competitors combined (1) | ||||
| High-Confidence Competitors (11) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
AXP1 Stock Performance relative to its Competitors
AXP1 Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Encore Capital Group Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for American Express Credit's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
American Express Credit's Comment on Competition and Industry Peers
Publicly Traded Peers of American Express Credit Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 American Express Credit Corporation |
- | 906.00 |
 Encore Capital Group Inc |
2,601.36 | 1,901.19 |
| SUBTOTAL | 2,601.36 | 2,807.19 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on American Express Credit Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
American Express Credit's Competitors Named by the Company
Competitive relationships identified from American Express Credit reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| MasterCard International Inc | Company report | 85% |
| Discover | Company report | 85% |
| Visa | Company report | 85% |
| Cuentas Inc | Company report | 85% |
| Affirm Holdings Inc | Company report | 85% |
| China UnionPay | Company report | 85% |
| Alipay | Company report | 85% |
| JCB | Company report | 85% |
| Diners Club International | Company report | 85% |
| Klarna Group Plc | Company report | 85% |
| Capital One | Company report | 85% |
| Corpay Inc | Company report | 85% |
| Squarespace Inc | Company report | 85% |
| Venmo | Company report | 85% |
| National Payments Corporation of India | Company report | 85% |
| PayPal | Company report | 85% |
| Wex Inc | Company report | 85% |
| Synchrony Financial | Company report | 85% |
| Evertec Inc | Company report | 85% |
| Global Payments Inc | Company report | 85% |
| Partners Bancorp | Company report | 85% |
| Global Business Travel Group Inc | Company report | 85% |
| Bank Bradesco | Company report | 85% |
| Bread Financial Holdings Inc | Company report | 85% |
| Financial Institutions Inc | Company report | 85% |
| Citigroup inc | Company report | 85% |
| Bank Of America Corporation | Company report | 85% |
| Aci Worldwide Inc | Company report | 85% |
| Jpmorgan Chase and Co | Company report | 85% |
| Green Dot Corp | Company report | 85% |
| The Western Union Company | Company report | 85% |
Company report basis, confidence, active dates and source counts for American Express Credit's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
American Express Credit's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| American Express Credit Corporation | - | - | - |
| Encore Capital Group Inc | 2,601 | 258,665 | 41,028 |
| PEERS TOTAL | 2,601 | 258,665 | 41,028 |
American Express Credit's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Consumer Financial Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (54 companies). See the full Consumer Financial Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 16.56 % | 42.15 % (avg) | -25.6 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 70.86 % | 20.97 % (avg) | +49.9 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 5.85 % (avg) | -5.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
American Express Credit's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Revenue Growth | -18.73 % | -4.90 % | 51.39 % | 34.41 % | 10.54 % |
| Operating Margin | 78.15 % | 78.97 % | 77.55 % | 82.96 % | - |
| Return on Invested Capital | 10.06 % | 2.08 % | 2.70 % | 3.81 % | - |
| P/E | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
American Express Credit's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 5.85 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on American Express Credit's dedicated Suppliers and Customers pages, not here.
American Express Credit's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
American Express Credit falls in the Medium attractiveness / High strength cell: Invest / Grow.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
American Express Credit's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 26.6 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-21.0% annualized vs trailing 12 months).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-13.2% annualized).
Methodology: see Methodology: SWOT Analysis.
American Express Credit's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| American Express Credit Corporation | 0.03 | 2.88 | 7.36 |
| Encore Capital Group Inc | 0.79 | 19.75 | 3.99 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
American Express Credit's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| American Express Credit Corporation | Q3 2021 | -53.9 % | -19.1 % |
| Encore Capital Group Inc | Q2 2026 | +11.3 % | +9.0 % |
| PEERS TOTAL | -19.2 % | -9.3 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
American Express Credit's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| American Express Credit Corporation | Q3 2021 | -48.2 % | - |
| Encore Capital Group Inc | Q2 2026 | - | +32.6 % |
American Express Credit's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| American Express Credit Corporation | 1.69% | 1.89% | 15.28% |
| Encore Capital Group Inc | 5.58% | 5.83% | 29.83% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
American Express Credit's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| American Express Credit Corporation | - | - |
| Encore Capital Group Inc | 8.71 | 1.37 |
| PEERS AVERAGE | 3.42 | 0.93 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.