American Express
RANK
85
American Express benefited from a rebound in both leisure and business travel in 2021: The company notched 14% year-over-year revenue growth in 2021, and profit for the year nearly doubled, to $8.1 billion. The company also claimed significant success in signing up new millennial and Gen Z consumers for its premium credit cards. American Express broke with some of its financial-services competitors by launching and endorsing an official hybrid work model, dubbed Amex Flex, with hybrid workers reporting to the office roughly two days a week; the company reported in March 2022 that more than 40% of its workforce had chosen this option.
Bryan Bedder—Getty Images for American Express
Company Information
As of 2/1/2023
Country
U.S.
Headquarters
New York City
Industry
Consumer Credit Card and Related Services
CEO
Stephen J. Squeri
Website
Company Type
Public
Ticker
AXP
Revenues ($M)
$55,625
Profits ($M)
$7,514
Market Value ($M)
$113,280
Employees
64,000
Figures are for fiscal year ended Dec. 31, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$43,663
14.3%
Profits ($M)
$8,060
157.1%
Assets ($M)
$188,548
-
Total Stockholder Equity ($M)
$22,177
-
Profit Ratios
Profit as % of Revenues
18.5%
Profits as % of Assets
4.3%
Profits as % of Stockholder Equity
36.3%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
10
EPS % Change (from 2020)
165.8%
EPS % Change (5 year annual rate)
12.1%
EPS % Change (10 year annual rate)
9.3%
Total Return
Total Return to Investors (2021)
36.8%
Total Return to Investors (5 year, annualized)
18.8%
Total Return to Investors (10 year, annualized)
14.8%
American Express Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $38,185-18.8% | $3,135-53.6% | $191,367 | $22,984 |
| 2020 | $47,0208.6% | $6,759-2.3% | $198,321 | $23,071 |
| 2019 | $43,28121.6% | $6,921153.0% | $188,602 | $22,290 |
| 2018 | $35,5835.2% | $2,736-49.4% | $181,159 | $18,227 |
| 2017 | $33,823-1.8% | $5,4084.7% | $158,893 | $20,501 |
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Latest news for American Express
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PayPal tells users it will fine them $2,500 for misinformation, then backtracks immediatelyOctober 10, 2022, 11:19 AM UTC - Lifestyle
American Express and Delta are launching a limited-edition credit card made from airplane metalJune 16, 2022, 12:00 PM UTC
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