American Express Co. AXP
What this company does
Written from the business description in AMERICAN EXPRESS CO's annual report to the U.S. Securities and Exchange Commission, filed 6 February 2026. Every sentence was checked against that document before publication.
Revenue compounded at +13.5% a year over five years — but profit grew faster: net income at +28.1%, earnings per share at +32.5%.
The share count fell from 0.81B to 0.69B — the buyback concentrates the same profit into fewer slices.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each USD of equity produced 34 cents of profit this year.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 41.3 | 38.8 | 37.2 | 34.2 | 27.7 | 22.0 | 28.2 | 26.6 | 24.8 | 24.2 | 32.8 | · | · | · | · | 27.8 | 24.5 | 28.4 | · |
| Operating income $B | 13.8 | 12.9 | 10.5 | 9.6 | 10.7 | 4.3 | 8.4 | · | · | · | · | · | · | · | · | · | 2.8 | 3.6 | 5.7 |
| EBITDA $B | 15.6 | 14.6 | 12.2 | 11.2 | 12.4 | 5.8 | 9.6 | · | · | · | · | · | · | · | · | · | 3.9 | 4.3 | 6.3 |
| Income tax $B | 3.0 | 2.8 | 2.1 | 2.1 | 2.6 | 1.2 | 1.7 | 1.2 | 4.7 | 2.7 | 2.8 | 3.1 | 2.5 | 2.0 | 2.1 | 1.9 | 0.7 | 0.7 | 1.6 |
| Net income $B | 10.8 | 10.1 | 8.4 | 7.5 | 8.1 | 3.1 | 6.8 | 6.9 | 2.7 | 5.4 | 5.2 | 5.9 | 5.4 | 4.5 | 4.9 | 4.1 | 2.1 | 2.7 | 4.0 |
| Free cash flow $B | 16.0 | 12.1 | 17.0 | 19.2 | 13.1 | 4.1 | 12.0 | 7.6 | 12.5 | 6.9 | 9.4 | 9.8 | 7.5 | 6.0 | 8.6 | 7.9 | 5.6 | 6.8 | 7.1 |
| EPS, diluted $ | 15.38 | 14.01 | 11.21 | 9.85 | 10.02 | 3.77 | 7.99 | · | · | · | · | · | 4.88 | 3.89 | 4.12 | 3.35 | 1.54 | 2.32 | 3.34 |
| Dividend / sh $ | 3.28 | 2.80 | 2.40 | 2.08 | 1.72 | 1.72 | 1.64 | 1.48 | 1.34 | 1.22 | 1.13 | 1.01 | 0.89 | 0.80 | 0.72 | 0.72 | 0.72 | 0.72 | 0.63 |
| Payout % | 21 | 20 | 21 | 21 | 18 | 47 | 21 | 19 | 46 | 22 | 23 | 18 | 18 | 20 | 17 | 21 | 43 | 31 | 18 |
| ROE % | 34.0 | 34.7 | 31.7 | 32.1 | 35.7 | 13.6 | 29.8 | 34.1 | 14.2 | 26.1 | 25.0 | 29.3 | 27.9 | 23.8 | 26.3 | 25.8 | 17.4 | 23.6 | 36.4 |
| Shares out B | 0.69 | 0.70 | 0.72 | 0.74 | 0.76 | 0.81 | 0.81 | 0.85 | 0.86 | 0.90 | 0.97 | 1.02 | 1.06 | 1.10 | 1.16 | 1.20 | 1.19 | 1.16 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
This company against its peers
Reconciled in 18 of 19 fiscal years. 6 checks could not be computed.