Financials in USD. Standardized financial statements.
A compact view of how American Express Company turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $80.46B | $74.20B | $67.36B | $55.63B | $44.43B | $38.34B | $47.10B | $43.26B | $38.99B | $38.36B |
| Revenue Growth? | +8.4% | +10.1% | +21.1% | +25.2% | +15.9% | -18.6% | +8.9% | +10.9% | +1.6% | 0.0% |
| Cost of Revenue? | $13.49B | $13.44B | $11.77B | $4.95B | -$136.00M | $6.83B | $7.04B | $6.29B | $4.87B | $3.73B |
| Gross Profit? | $66.97B | $60.76B | $55.59B | $50.68B | $44.57B | $31.51B | $40.06B | $36.96B | $34.12B | $33.23B |
| Gross Margin? | +83.2% | +81.9% | +82.5% | +91.1% | +100.3% | +82.2% | +85.1% | +85.4% | +87.5% | +86.6% |
| Operating Expenses? | $53.18B | $47.87B | $45.08B | $41.09B | $33.88B | $27.21B | $31.63B | $28.84B | $26.69B | $26.59B |
| Operating Income? | $13.79B | $12.89B | $10.51B | $9.59B | $10.69B | $4.30B | $8.43B | $8.12B | $7.42B | $8.04B |
| EBITDA? | $15.57B | $14.57B | $12.16B | $11.21B | $12.38B | $5.84B | $9.62B | $9.41B | $8.75B | $9.14B |
| Income Before Tax | $13.79B | $12.89B | $10.51B | $9.59B | $10.69B | $4.30B | $8.43B | $8.12B | $7.42B | $8.04B |
| Income Tax Expense | $2.96B | $2.77B | $2.14B | $2.07B | $2.63B | $1.16B | $1.67B | $1.20B | $4.68B | $2.67B |
| Net Income? | $10.83B | $10.13B | $8.37B | $7.51B | $8.06B | $3.13B | $6.76B | $6.92B | $2.75B | $5.38B |
| EPS? | $15.41 | $14.04 | $11.23 | $9.85 | $10.03 | $3.77 | $8.01 | $8.09 | $2.98 | $5.67 |
| Diluted EPS? | $15.38 | $14.02 | $11.21 | $9.84 | $10.02 | $3.77 | $7.99 | $8.06 | $2.97 | $5.65 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality