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American Express Company
Previous close
$247.76
Day range
$248.00 - $252.17
Year range
$140.91 - $256.24
Market cap
178.65B USD
Avg Volume
2.90M
P/E ratio
18.75
Dividend yield
1.11%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 15.06B | 8.73% |
Operating expense | 6.51B | 4.43% |
Net income | 3.02B | 38.68% |
Net profit margin | 20.01 | 27.53% |
Earnings per share | 3.49 | 20.76% |
EBITDA | — | — |
Effective tax rate | 20.45% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 52.60B | 25.79% |
Total assets | 272.22B | 11.15% |
Total liabilities | 242.68B | 11.22% |
Total equity | 29.54B | — |
Shares outstanding | 710.91M | — |
Price to book | 5.97 | — |
Return on assets | 4.45% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 3.02B | 38.68% |
Cash from operations | 4.53B | 15.52% |
Cash from investing | -5.49B | 30.77% |
Cash from financing | -325.00M | -105.39% |
Net change in cash | -1.32B | -162.11% |
Free cash flow | — | — |
About
American Express Company is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay, Visa, and Mastercard. 141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$24,059. That year, Amex handled over $1.7 trillion in purchase volume on its network. Amex is one of the largest US banks, and is ranked 77th on the Fortune 500 and 28th on the list of the most valuable brands by Forbes. In 2023, it was ranked 63rd in the Forbes Global 2000. Amex also owns a direct bank.
Founded in 1850 as a freight forwarding company, Amex introduced financial and travel services during the early 1900s. It developed its first paper charge card in 1958, gold card in 1966, green card in 1969, platinum card in 1984, and Centurion Card in 1999. The "Don't Leave Home Without It" advertising campaign was introduced in 1975 and renewed in 2005. Wikipedia
Founded
Mar 18, 1850
Headquarters
Website
Employees
74,600