American Express Co
AXP- Exchange
- NYSE
- Industry
- Finance Services
- SEC CIK
- 0000004962
In the last 90 days, American Express Co insiders filed 0 open-market purchases and 4 sales; 3,034 institutions reported holding it in 13F filings for Q2 2026, worth $195.1B in total; 8 superinvestors hold it, including Berkshire Hathaway and Markel Group.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 24, 2026, 1:05 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 30, 2026 | Jan 24, 2025 | Jan 26, 2024 | Jan 27, 2023 | Jan 25, 2022 |
| Revenue | $72.2B | $65.9B | $60.5B | $52.9B | $42.4B |
| Interest expense | – | – | $6.85B | $2.76B | $1.28B |
| Income tax | $2.96B | $2.77B | $2.14B | $2.07B | $2.63B |
| Net income | $10.8B | $10.1B | $8.37B | $7.51B | $8.06B |
| EPS, basic | $15.41 | $14.04 | $11.23 | $9.86 | $10.04 |
| EPS, diluted | $15.38 | $14.01 | $11.21 | $9.85 | $10.02 |
| Weighted shares, basic | 695.0M | 712.0M | 735.0M | 751.0M | 789.0M |
| Weighted shares, diluted | 696.0M | 713.0M | 736.0M | 752.0M | 790.0M |
| Margins and growth | |||||
| Net margin | 15.0% | 15.4% | 13.8% | 14.2% | 19.0% |
| Revenue growth, year over year | +9.5% | +9.0% | +14.5% | +24.7% | +17.4% |
| Net income growth, year over year | +7.0% | +21.0% | +11.4% | −6.8% | +157.1% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 30, 2026 | Jan 24, 2025 | Jan 26, 2024 | Jan 27, 2023 | Jan 25, 2022 |
| Short-term investments | $742.0M | $221.0M | $166.0M | $307.0M | $188.0M |
| Property, plant and equipment | $6.12B | $5.37B | $5.14B | $5.21B | $4.99B |
| Goodwill | $4.87B | $4.19B | $3.85B | $3.79B | $3.80B |
| Intangible assets | $90.0M | $123.0M | $98.0M | $146.0M | $201.0M |
| Total assets | $300.1B | $271.5B | $261.1B | $228.4B | $188.5B |
| Short-term debt | $1.37B | $1.37B | $1.29B | $1.35B | $2.24B |
| Long-term debt | $56.4B | $49.7B | $47.9B | $42.6B | $38.7B |
| Total liabilities | $266.6B | $241.2B | $233.1B | $203.6B | $166.4B |
| Shareholders' equity | $33.5B | $30.3B | $28.1B | $24.7B | $22.2B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 30, 2026 | Jan 24, 2025 | Jan 26, 2024 | Jan 27, 2023 | Jan 25, 2022 |
| Operating cash flow | $18.4B | $14.1B | $18.6B | $21.1B | $14.6B |
| Capital expenditures | $2.42B | $1.91B | $1.56B | $1.85B | $1.55B |
| Free cash flow | $16.0B | $12.1B | $17.0B | $19.2B | $13.1B |
| Depreciation and amortization | $1.78B | $1.68B | $1.65B | $1.63B | $1.70B |
| Stock-based compensation | $551.0M | $504.0M | $450.0M | $375.0M | $330.0M |
| Dividends paid | $2.27B | $2.00B | $1.78B | $1.56B | $1.45B |
| Share buybacks | $5.81B | $6.02B | $3.65B | $3.50B | – |
| Investing cash flow | -$22.9B | -$24.4B | -$24.4B | -$33.7B | -$10.5B |
| Financing cash flow | $11.2B | $4.44B | $18.4B | $24.5B | -$14.9B |
| Net change in cash | $7.15B | -$5.96B | $12.7B | $11.9B | -$10.9B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.8% | 0.8% | 0.7% | 0.7% | 0.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 15, 2026 | 670.6M | −2.7% | SEC |
| Jul 14, 2026 | 675.3M | −3.0% | SEC |
| Apr 17, 2026 | 682.3M | −2.6% | SEC |
| Jan 30, 2026 | 686.6M | −2.3% | SEC |
| Oct 14, 2025 | 688.9M | −2.2% | SEC |
| Jul 14, 2025 | 695.9M | −2.1% | SEC |
| Apr 11, 2025 | 700.6M | −2.6% | SEC |
| Jan 31, 2025 | 702.5M | −2.9% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.