American Express financials
$305.40−0.30%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.46B | $74.20B | $67.36B | $55.63B | $43.66B | $38.19B | $50.59B | $43.28B | $38.99B | $37.14B |
| Gross profit | $72.23B | $65.95B | $60.52B | $52.86B | $42.38B | $36.09B | $47.13B | $40.34B | $36.88B | $35.44B |
| Gross margin | 89.8% | 88.9% | 89.8% | 95.0% | 97.1% | 94.5% | 93.2% | 93.2% | 94.6% | 95.4% |
| Operating income | $13.79B | $12.89B | $10.51B | $9.59B | $10.69B | $4.30B | $8.43B | $8.12B | $7.42B | $8.04B |
| Net income | $10.70B | $9.99B | $8.25B | $7.40B | $7.92B | $3.04B | $6.63B | $6.79B | $2.65B | $5.25B |
| Net margin | 13.3% | 13.5% | 12.2% | 13.3% | 18.1% | 8.0% | 13.1% | 15.7% | 6.8% | 14.1% |
| Diluted EPS | $15.38 | $14.01 | $11.21 | $9.85 | $10.02 | $3.77 | $7.99 | $7.91 | $2.99 | $5.61 |
| EBITDA | $13.79B | $12.89B | $10.51B | $14.53B | $10.69B | $4.30B | $8.43B | $8.12B | $7.42B | $8.04B |
| Operating cash flow | $18.43B | $14.05B | $18.56B | $21.08B | $14.64B | $5.59B | $13.63B | $8.93B | $13.54B | $8.29B |
| Free cash flow | $16.00B | $12.14B | $17.00B | $19.22B | $13.10B | $4.11B | $11.99B | $7.62B | $12.48B | $6.92B |
| Diluted shares | 696.0M | 713.0M | 736.0M | 752.0M | 790.0M | 806.0M | 830.0M | 859.0M | 886.0M | 935.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.56B | $3.41B | $7.12B | $5.51B | $1.29B | $2.98B |
| Short-term investments | $45.28B | $38.47B | $41.66B | $32.98B | $23.33B | $51.61B |
| Total debt | $57.76B | $51.09B | $49.16B | $43.92B | $40.92B | $44.83B |
| Total assets | $300.05B | $271.46B | $261.11B | $228.35B | $188.55B | $191.37B |
| Total liabilities | $266.58B | $241.20B | $233.05B | $203.64B | $166.37B | $168.38B |
| Shareholders' equity | $33.47B | $30.26B | $28.06B | $24.71B | $22.18B | $22.98B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology