AXP vs FNMA
American Express Co. and Federal National Mortgage Association Fannie MAE, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AXP | FNMA |
|---|---|---|
| Revenue | $72.2B | $29.0B |
| Net income | $10.8B | $14.4B |
| Gross margin | · | · |
| Net margin | 15.0% | 49.6% |
| Return on equity | 34.0% | 14.1% |
| Diluted EPS | $15.38 | $0.00 |
| Dividend / share | $3.28 | · |
| Payout ratio | 21.0% | · |
| Free cash flow | $16.0B | · |
| Equity | $33.5B | $109.0B |
| Net debt / equity | 0.30× | 37.73× |
| Current ratio | · | · |
| Revenue CAGR 5y | 14.9% | 2.7% |
| Profit CAGR 5y | 28.1% | 4.0% |
AXP bills 2.5× the revenue of FNMA, and FNMA keeps more of each dollar of revenue as profit (49.6% against 15.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AXP | FNMA |
|---|---|---|
| FY2025 | $72.2B | $29.0B |
| FY2024 | $65.9B | $29.1B |
| FY2023 | $60.5B | $29.0B |
| FY2022 | $52.9B | $29.7B |
| FY2021 | $42.4B | $29.9B |
| FY2020 | $36.1B | $25.3B |
| FY2019 | $43.6B | $21.9B |
| FY2018 | $40.3B | $21.8B |
| FY2017 | $36.9B | $23.0B |
| FY2016 | $35.4B | $22.3B |
Bottom line
| Fiscal year | AXP | FNMA |
|---|---|---|
| FY2025 | $10.8B | $14.4B |
| FY2024 | $10.1B | $17.0B |
| FY2023 | $8.4B | $17.4B |
| FY2022 | $7.5B | $12.9B |
| FY2021 | $8.1B | $22.2B |
| FY2020 | $3.1B | $11.8B |
| FY2019 | $6.8B | $14.2B |
| FY2018 | $6.9B | $16.0B |
| FY2017 | $2.7B | $2.5B |
| FY2016 | $5.4B | $12.3B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$43,265,000,000 | AXP |
| FY2024 | +$36,880,000,000 | AXP |
| FY2023 | +$31,467,000,000 | AXP |
| FY2022 | +$23,127,000,000 | AXP |
| FY2021 | +$12,432,000,000 | AXP |
| FY2020 | +$10,759,000,000 | AXP |
| FY2019 | +$21,697,000,000 | AXP |
| FY2018 | +$18,510,000,000 | AXP |
| FY2017 | +$13,918,000,000 | AXP |
| FY2016 | +$13,177,000,000 | AXP |
| FY2015 | +$10,061,000,000 | AXP |
AXP has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −34.6 pp | FNMA |
| FY2024 | −43.0 pp | FNMA |
| FY2023 | −46.1 pp | FNMA |
| FY2022 | −29.2 pp | FNMA |
| FY2021 | −55.0 pp | FNMA |
| FY2020 | −37.9 pp | FNMA |
| FY2019 | −49.3 pp | FNMA |
| FY2018 | −56.0 pp | FNMA |
| FY2017 | −3.3 pp | FNMA |
| FY2016 | −40.1 pp | FNMA |
| FY2015 | −32.4 pp | FNMA |
FNMA has kept the higher net margin in every one of these 11 fiscal years.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FNMA's net margin has been more volatile than AXP's over the 11 comparable fiscal years — 16.6 percentage points of standard deviation against 3.2.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
FNMA led in net margin in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FNMA's return on equity has been more volatile than AXP's over the 8 comparable fiscal years — 41.1 percentage points of standard deviation against 6.9.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AXP and FNMA over these 8 fiscal years — AXP led in 5 and FNMA in 3.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.