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American Express

Charly Triballeau—AFP/Getty Images
  • Previous Rank86
  • Revenues ($M)$43,281.0
  • Revenue Percent Change21.6%
  • Profits ($M)$6,921.0
  • Profits Percent Change153.0%
  • Assets ($M)$188,602.0
  • Employees59,000

The credit card company’s first year under new CEO Stephen Squeri went pretty well—the enduring health of the economy meant 9% more spending on AmEx cards in 2018, plus an additional 12 million new cardholders. That helped lift American Express’s revenues to record levels, while its profits more than doubled as the 2017 tax reform law kicked in and slashed the company’s tax rate. Much of those savings went back to shareholders, with AmEx paying out $2.9 billion in dividends and stock buybacks, a perk that has kept Warren Buffett’s Berkshire Hathaway on board as the company’s biggest investor.

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Company Info

CEO
Stephen J. Squeri
CEO Title
Chairman & Chief Executive Officer
Sector
Financials
Industry
Diversified Financials
HQ Location
New York, N.Y.
Websitehttp://www.americanexpress.com
Years on Fortune 500 List25
Employees59,000

American Express Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$43,281.021.6%
Profits ($M)$6,921.0153.0%
Assets ($M)$188,602.0-
Total Stockholder Equity ($M)$22,290.0-

Profit Ratios

Profit as % of Revenues16.0%
Profits as % of Assets3.7%
Profits as % of Stockholder Equity31.0%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)7.91
EPS % Change (from 2017)166.3%
EPS % Change (5 year annual rate)10.1%
EPS % Change (10 year annual rate)13.0%

Total Return

Total Return to Investors (2018)-2.6%
Total Return to Investors (5 year, annualized)2.5%
Total Return to Investors (10 year, annualized)19.7%