What if you invested $1,000 in American Express in 2020? (Inflation-Adjusted)
AXP · Financial · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionA $1,000 investment in American Express in 2020 grew to $2,757 in nominal terms. But 2020 dollars had 25% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $2,206 in constant 2020 dollars, equivalent to a +12.3% real annualized return.
Nominal final value
$2,757
+175.7% total return
Real value (2020 dollars)
$2,206
+120.6% real total return
Real annualized return
+12.3%
vs. +16.2% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in American Express since 2020, values in constant 2020 dollars
| Year | Nominal Value | Real Value (2020 $) |
|---|---|---|
| 2020 | $1,000 | $1,000 |
| 2021 | $911 | $867 |
| 2022 | $1,424 | $1,242 |
| 2023 | $1,405 | $1,180 |
| 2024 | $1,636 | $1,335 |
| 2025 | $2,615 | $2,092 |
| 2026 | $2,932 | $2,346 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2020 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.