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  • Previous Rank
    327
  • Revenues ($M)
    $43,281.00
  • Revenue Percent Change
    21.6%
  • Profits ($M)
    $6,921.00
  • Profits Percent Change
    153%
  • Assets ($M)
    $188,602.00
  • Employees
    59,000

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.

Company Information

CEO
Stephen J. Squeri
Sector
Financials
Industry
Diversified Financials
HQ Location
New York City
Websitehttps://www.americanexpress.com
Years on Global 500 List25
Employees59,000
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American Express Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$43,281.0021.6%
Profits ($M)$6,921.00153%
Assets ($M)$188,602.00-
Total Stockholder Equity ($M)$22,290.00-

Profit Ratios

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