MARKETS / NYSE / AXP
NYSE · FINANCE SERVICES · LARGE CAP

American Express Company AXP

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY4 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$41.3B
▲ 6.4% vs FY2024
Dividend streak
4 yrs
Raised every year since 2022
EPS · FY25
$15.38
Dividend / sh · FY25
$3.28
Payout · FY25
21%
ROE · FY25
34.0%
Net margin · FY25
26.2%
Dividend coverage
4.7×
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Result
USD 41.3B
Revenue, FY2025 · full 19-year series below
Revenue Net income
20406041.310.82007201020132016201920222025
20406041.310.82016201920222025

26 cents of every revenue dollar became profit this year.

Per share
USD 15.38
Diluted EPS, FY2025
EPS Dividend
8163.2815.382007201020132016201920222025
8163.2815.382016201920222025

Earnings covered the dividend 4.7 times — the rest stayed in the company.

Profitability
34.0%
Return on equity, FY2025
ROE
1020304034.0%2007201020132016201920222025
1020304034.0%2016201920222025
Operating margin33.4%
Net margin26.2%
Return on assets3.8%

Each USD of equity produced 34 cents of profit this year.

Returned to shareholders
USD 8.0B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 2.3B
Net buybacksUSD 5.8B
Share of profit74.1%
Consecutive raises4 years

USD 2.3B in dividends and USD 5.8B in buybacks — 74% of the year's profit went back to shareholders.

Growth
+13.5% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+6.5%
+13.5%
+2.3%
+2.7%
Net income
+13.0%
+28.1%
+7.7%
+6.8%
EPS, diluted
+16.0%
+32.5%
+10.7%
Dividend / share
+16.4%
+13.8%
+11.2%
+10.6%
Returned to shareholders
+17.0%
+26.7%
+3.9%
+16.0%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.69B
Shares outstanding, FY2025
1.160.692007201020132016201920222025
0.900.692016201920222025
Change, 5 years−14.8%
Change, 10 years−29.2%

The share count shrank 15% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 300.1B
total assets, end of FY2025
Total assetsUSD 300.1B
EquityUSD 33.5B
CashUSD 47.8B
Gross debtUSD 57.8B
Net debtUSD 10.0B
DepositsUSD 152.5B

Net debt stands at 30% of equity.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
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
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 figures not disclosed in the filing for that year.

How we verifyAUDITED
31 of 32
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 1 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed