American Express Company
American Express Company (NYSE: AXP) is trading at $308.89, about ₹29,660 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 1.06% today. Indian residents can buy American Express from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$304.49
Today's high
$310.00
52 week low
$290.97
52 week high
$387.49
AXP opened at $306.54, closed previously at $305.66, and has traded between $290.97 and $387.49 over the past 52 weeks.
About
Operating globally, American Express Company and its affiliated entities deliver a comprehensive suite of charge and credit payment card solutions, alongside a variety of travel-related offerings. Its business structure is organized into three primary divisions: the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Among its core offerings are diverse payment and financing instruments, robust network infrastructure services, tools for managing accounts payable expenses, and comprehensive travel and lifestyle support. Furthermore, it facilitates merchant services such as acquisition, transaction processing, settlement, and point-of-sale marketing, providing vital information and assistance to businesses. The company also specializes in fraud mitigation and developing and managing customer loyalty initiatives. These products and services are made available to a broad clientele, encompassing individual consumers, small and mid-sized enterprises, and large corporate entities. Distribution channels include digital platforms (mobile and online applications), collaborations with third-party vendors and partners, direct communication methods like mail and telephone, dedicated internal sales forces, and direct response advertising campaigns. Established in 1850, American Express Company maintains its corporate headquarters in New York, New York.
Key statistics
Avg. volume
2.95M
Market cap
$208.60B
P/E Ratio
18.73
Price-to-sales ratio
2.48
Enterprise value
$222.40B
Free cash flow yield
7.22%
Debt-to-equity ratio
1.72
Return on equity
34.12%
ROIC
13.01%
Beta
1.05
Dividend yield
1.15%
Last dividend
$3.54
Financial overview
Revenue
$80.46B
Earnings per share
$15.41
Free cash flow
$16.00B
Net profit margin
13.61%
Gross margin
84.35%
EBITDA
$15.57B
Revenue growth
8.44%
Similar securities
This is not an investment recommendation
How to buy American Express from India
Indian residents can buy American Express shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for American Express and place an order
Find American Express by name or by its ticker, AXP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. American Express trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your American Express position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in American Express from India
Trading and taxes when buying American Express from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. American Express’ current yield is 1.15%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy American Express stock?
Yes. American Express (AXP) has been listed on the New York Stock Exchange since 1972, in the Financial - Credit Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one American Express share cost in rupees?
One American Express share is $308.89 — about ₹29,660 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the American Express price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying American Express from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy American Express with less than the price of one share?
Yes. A whole American Express share is $308.89, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on American Express shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the American Express price. Paasa issues a capital-gains statement for your return.
Does American Express pay a dividend, and how is it taxed in India?
Yes. American Express pays a dividend and the current yield is 1.15%; the last declared dividend was $3.54 per share, about ₹339.91. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade American Express from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on American Express shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare American Express shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your American Express holding, its cost and its closing value.
How do I sell American Express and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.