- Previous Rank85
- Revenues ($M)33823
- Revenue Percent Change-1.8
- Profits ($M)5408
- Profits Percent Change4.7
- Assets ($M)158893
- Employees56400
- Market Value — as of March 31, 2017 ($M)71193
One of the most storied brands in the financial services industry, American Express fell on hard times of late. In 2015, the company announced that it would end its 16-year exclusive relationship with mega-retailer Costco, a big hit considering 1 in 10 Amex cards were issued by the wholesaler. The firm also reduced its prices to small merchants and beefed up the rewards it offers its customers to hold its own in a highly competitive credit card landscape. Nonetheless, American Express has been able to rebound. Its adjusted revenues (excluding Costco and foreign exchange) were up 5% in 2016, grew worldwide spending on its cards by 8%, and added more than a million new merchant locations in the U.S. in a bid to compete more aggressively with Visa and MasterCard.
Company Info
| CEO | Kenneth I. Chenault |
| CEO Title | Chairman & Chief Executive Officer |
| Sector | Financials |
| Industry | Diversified Financials |
| HQ Location | New York, NY |
| Website | www.americanexpress.com |
| Years on Fortune 500 List | 23 |
| Employees | 56,400 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $33,823 |
| Profits ($M) | $5,408 |
| Assets ($M) | $158,893 |
| Total Stockholder Equity ($M) | $20,501 |
| Market Value — as of March 31, 2017 ($M) | $71,193 |
Profit Ratios
| Profit as % of Revenues | 16% |
| Profits as % of Assets | 3.4% |
| Profits as % of Stockholder Equity | 26.4% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | 5.65 |
| EPS % Change (from 2015) | 11.9% |
| EPS % Change (5 year annual rate) | 6.5% |
| EPS % Change (10 year annual rate) | 6.6% |
Total Return
| Total Return to Investors (2016) | 8.6% |
| Total Return to Investors (5 year, annualized) | 11% |
| Total Return to Investors (10 year, annualized) | 3.7% |