SORT BY

FILTER BY

also on other fortune lists

company facts

f500 stats

Fortune 500

Andrew Harrer — Bloomberg via Getty Images

86

American Express

AXP

There’s a new regime at American Express, after its legendary CEO Ken Chenault, who’d held the top job for 16 years, retired in early 2018. Now under Stephen Squeri, a 32-year employee, the company is thriving amid an expanding economy. American Express is seeing greater spending on its credit cards and faster growth on interest-earning loans, while also maintaining one of the lowest payment default rates in the industry. Although the accounting charge triggered by the new tax law took its 2017 profits down by nearly half, the company expects its business will ultimately benefit from reform–starting with lower tax rates this year.

Looking for leads, investment insights, or competitive intelligence?

CEO

Stephen J. Squeri

CEO Title

Chairman & Chief Executive Officer

Sector

Financials

Industry

Diversified Financials

HQ Location

New York City

Years on Fortune 500 List

24

Employees

55,000

Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$35,5835.2%
Profits ($M)$2,736.0-49.4%
Assets ($M)$181,159
Total Stockholder Equity ($M)$18,227
Market Value — as of March 29, 2018 ($M)$80,234
Profit Ratios
Profit as % of Revenues7.7%
Profits as % of Assets1.5%
Profits as % of Stockholder Equity15.0%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)2.97
EPS % Change (from 2016)-47.4%
EPS % Change (5 year annual rate)-5.3%
EPS % Change (10 year annual rate)-1.2%
Total Return
Total Return to Investors (2017)36.2%
Total Return to Investors (5 year, annualized)13.2%
Total Return to Investors (10 year, annualized)8.5%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
  • High:
  • Low:
  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about American Express

Tax-Free Shopping? How One State Is Celebrating Small Business Saturday 2018

The governor says it's a chance "to save a few bucks when money is tight around the holidays."

Read More →
Turnover at the Top: The Number of CEOs Leaving Their Posts Is Increasing

Recent departures hit diversity in Fortune 500 leadership.

Read More →
Warren Buffett's Next Investment Will Be a First for Berkshire Hathaway

A stake in India's One97 Communications would be new territory for the longtime investor.

Read More →
Supreme Court Defends American Express Business Model In Blow to Retailers

The retail industry says the AmEx practice has led to higher prices for shoppers.

Read More →