Head to head · SEC data as of July 15, 2026

American Express vs Mastercard: which has the stronger fundamentals?

American Express

93

Quality score · out of 100

Mastercard

93

Quality score · out of 100

On paper this one is nearly a draw: American Express scores 93 and Mastercard scores 93 out of 100 in our fundamental quality model. American Express wins on earnings growth (31.8% vs 21%). Mastercard answers with net margin (45.9% vs 26.6%), ROE (231.7% vs 33%) and cash generation (FCF) (52.4% vs 33.9%).

The metrics, head to head

MetricAmerican ExpressMastercard
Quality score (0-100)9393
Net margin26.6%45.9%
Gross margin
ROE33%231.7%
Net debt/EBITDA0.53×
FCF margin33.9%52.4%
Revenue growth (annualized)13.2%16.4%
Earnings growth (annualized)31.8%21%

TTM metrics with official SEC data, refreshed daily. Bold green marks the winner of each metric. A dash means the metric doesn't apply or isn't reliable.

What each one does

American Express. American Express is both the payments network and the issuing bank for its cards, focused on affluent customers and businesses. It earns from the fees it charges merchants and the annual fees on its premium cards, plus interest.

Mastercard. Mastercard runs one of the world's largest payment networks. Like Visa, it doesn't lend money or issue cards: it takes a small fee on every transaction across its network, a high-margin and very stable model.

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What this comparison doesn't tell you

The score measures business quality, not whether the stock is cheap or expensive: the better company can be the worse investment if you overpay. For the valuation verdict, enter each one's current price in the analyzer:

Analyze American Express →Analyze Mastercard →

Frequently asked questions

Who has the stronger fundamentals today, American Express or Mastercard?

They're practically tied: American Express and Mastercard score 93 and 93 out of 100 in the StockSemáforo model (profitability, growth and financial strength, built on official SEC data). The score is recomputed nightly with the latest filings.

Does that make American Express the better investment?

No. The score measures business quality, not valuation: an excellent company can trade at an excessive price and be a poor investment at that price. To find out whether it's cheap or expensive, enter its current quote in the StockSemáforo analyzer.

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