American Express Company (BIT:1AXP)

American Express Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	24,155	23,795	19,983	12,658	9,033	10,083
Total Interest Expense	8,212	8,252	6,849	2,763	1,283	2,098
Net Interest Income	15,943	15,543	13,134	9,895	7,750	7,985
Commissions and Fees	49,536	48,770	45,676	41,330	33,074	26,801
Other Revenue	1,636	1,636	1,705	1,637	1,556	1,301
Revenue Before Loan Losses	67,115	65,949	60,515	52,862	42,380	36,087
Provision for Loan Losses	5,066	5,185	4,923	2,182	-1,419	4,730
Revenue	62,049	60,764	55,592	50,680	43,799	31,357
Revenue Growth (YoY)	9.05%	9.30%	9.69%	15.71%	39.68%	-21.57%
Salaries & Employee Benefits	8,097	8,075	7,888	7,110	6,250	5,718
Cost of Services Provided	34,538	33,496	30,369	27,550	22,053	16,018
Other Operating Expenses	6,892	6,856	6,601	5,998	5,550	5,359
Total Operating Expenses	49,527	48,427	44,858	40,658	33,853	27,095
Operating Income	12,522	12,337	10,734	10,022	9,946	4,262
Earnings From Equity Investments	-	-	-	-9	-13	-128
Currency Exchange Gain (Loss)	102	102	82	8	-21	10
EBT Excluding Unusual Items	12,624	12,439	10,816	10,021	9,912	4,144
Restructuring Charges	-123	-123	-179	-142	10	-
Gain (Loss) on Sale of Investments	48	48	-124	-294	767	152
Pretax Income	13,080	12,895	10,513	9,585	10,689	4,296
Income Tax Expense	2,804	2,766	2,139	2,071	2,629	1,161
Net Income	10,276	10,129	8,374	7,514	8,060	3,135
Preferred Dividends & Other Adjustments	134	134	122	114	143	99
Net Income to Common	10,142	9,995	8,252	7,400	7,917	3,036
Net Income Growth	14.24%	20.96%	11.45%	-6.77%	157.10%	-53.62%
Shares Outstanding (Basic)	707	712	735	751	789	805
Shares Outstanding (Diluted)	708	713	736	752	790	806
Shares Change (YoY)	-3.08%	-3.13%	-2.13%	-4.81%	-1.98%	-2.89%
EPS (Basic)	14.35	14.04	11.23	9.85	10.03	3.77
EPS (Diluted)	14.32	14.01	11.21	9.85	10.02	3.77
EPS Growth	17.96%	24.98%	13.81%	-1.70%	165.78%	-52.82%
Free Cash Flow	-	12,133	16,994	19,223	13,007	4,112
Free Cash Flow Per Share	-	17.02	23.09	25.56	16.46	5.10
Dividend Per Share	2.920	2.800	2.400	2.080	1.720	1.720
Dividend Growth	16.80%	16.67%	15.38%	20.93%	-	4.88%
Operating Margin	20.18%	20.30%	19.31%	19.78%	22.71%	13.59%
Profit Margin	16.35%	16.45%	14.84%	14.60%	18.08%	9.68%
Free Cash Flow Margin	-	19.97%	30.57%	37.93%	29.70%	13.11%
Effective Tax Rate	21.44%	21.45%	20.35%	21.61%	24.59%	27.02%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.