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Last update at 2024-11-20T21:00:00Z
American Express Third Quarter 2024 Earnings: EPS Beats Expectations
Sat 19 Oct 24, 12:20 PMAmerican Express Reports Strong Q3 Earnings Growth
Sat 19 Oct 24, 11:27 AMAmEx Q3 Earnings Beat Estimates on Consumer Spending Growth
Fri 18 Oct 24, 06:18 PMA Mixed Bag on Mixed Stock Market Data (revised)
Fri 18 Oct 24, 02:58 PMMixed Housing Market Data for September
Fri 18 Oct 24, 02:53 PMA Mixed Bag on Mixed Stock Market Data
Fri 18 Oct 24, 02:28 PMAmerican Express is going after luxury-hungry Gen Zers
Fri 18 Oct 24, 02:10 PMTwo Dow Jones Giants Report Mixed Earnings; One Stock Is Basing
Fri 18 Oct 24, 01:36 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 9585.00M | 10689.00M | 4296.00M | 8429.00M | 8122.00M |
Minority interest | - | - | - | - | - |
Net income | 7514.00M | 8060.00M | 3135.00M | 6759.00M | 6921.00M |
Selling general administrative | 7252.00M | 6240.00M | 5718.00M | 5911.00M | 5250.00M |
Selling and marketing expenses | 5458.00M | 9053.00M | 6747.00M | 7114.00M | 6470.00M |
Gross profit | 52862.00M | 42380.00M | 36087.00M | 43556.00M | 40338.00M |
Reconciled depreciation | 1626.00M | 1695.00M | 1543.00M | 1188.00M | 1293.00M |
Ebit | 12348.00M | 10689.00M | 4296.00M | 8429.00M | 11065.00M |
Ebitda | 13974.00M | 12384.00M | 5839.00M | 9617.00M | 12358.00M |
Depreciation and amortization | 1626.00M | 1695.00M | 1543.00M | 1188.00M | 1293.00M |
Non operating income net other | - | - | - | - | - |
Operating income | 12348.00M | 10689.00M | 4296.00M | 8429.00M | 11065.00M |
Other operating expenses | 12710.00M | -31691.00000M | -31791.00000M | -35127.00000M | 11720.00M |
Interest expense | 2763.00M | 1283.00M | 2098.00M | 3464.00M | 2943.00M |
Tax provision | 2071.00M | 2629.00M | 1161.00M | 1670.00M | 1201.00M |
Interest income | 12658.00M | 9033.00M | 10083.00M | 12084.00M | 10606.00M |
Net interest income | 9895.00M | 7750.00M | 7985.00M | 8620.00M | 7663.00M |
Extraordinary items | - | - | - | - | 496.00M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 2071.00M | 2629.00M | 1161.00M | 1670.00M | 1201.00M |
Total revenue | 52862.00M | 42380.00M | 36087.00M | 43556.00M | 40338.00M |
Total operating expenses | 12710.00M | -31691.00000M | -31791.00000M | -35127.00000M | 11720.00M |
Cost of revenue | 18488.00M | 13458.00M | 10214.00M | 14220.00M | 12771.00M |
Total other income expense net | -2763.00000M | -1283.00000M | -2098.00000M | -3464.00000M | 8122.00M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 7514.00M | 8060.00M | 3135.00M | 10099.00M | 6921.00M |
Net income applicable to common shares | 7400.00M | 7917.00M | 3135.00M | 6759.00M | 6787.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 228000.00M | 189000.00M | 191000.00M | 198000.00M | 189000.00M |
Intangible assets | 146.00M | 201.00M | 265.00M | 267.00M | 275.00M |
Earning assets | - | - | - | - | - |
Other current assets | 544.00M | 151265.00M | 64641.00M | 94253.00M | 142599.00M |
Total liab | 203000.00M | 167000.00M | 168000.00M | 175000.00M | 167000.00M |
Total stockholder equity | 25000.00M | 22000.00M | 23000.00M | 23000.00M | 22000.00M |
Deferred long term liab | - | - | - | - | - |
Other current liab | -109891.00000M | -84382.00000M | -86875.00000M | -73287.00000M | -69860.00000M |
Common stock | 149.00M | 153.00M | 161.00M | 163.00M | 170.00M |
Capital stock | 149.00M | 153.00M | 161.00M | 163.00M | 170.00M |
Retained earnings | 16279.00M | 13474.00M | 13837.00M | 13871.00M | 12499.00M |
Other liab | 26711.00M | 42000.00M | 36000.00M | 19123.00M | 18252.00M |
Good will | 3786.00M | 3804.00M | 3852.00M | 3315.00M | 3072.00M |
Other assets | -37190.00000M | 150830.00M | 64165.00M | 93977.00M | 142997.00M |
Cash | 34000.00M | 22000.00M | 33000.00M | 24000.00M | 27000.00M |
Cash and equivalents | 34000.00M | 20548.00M | 29824.00M | 20392.00M | 24026.00M |
Total current liabilities | 13481.00M | 12574.00M | 11444.00M | 18738.00M | 15355.00M |
Current deferred revenue | 110239.00M | 84382.00M | 86875.00M | 73287.00M | 69960.00M |
Net debt | 10000.00M | 19000.00M | 12000.00M | 40000.00M | 34000.00M |
Short term debt | 1000.00M | 2000.00M | 2000.00M | 6000.00M | 3000.00M |
Short long term debt | 1000.00M | 2000.00M | 2000.00M | 6442.00M | 4128.00M |
Short long term debt total | 44000.00M | 41000.00M | 45000.00M | 64000.00M | 61000.00M |
Other stockholder equity | 11782.00M | 11318.00M | 11897.00M | 11703.00M | 11928.00M |
Property plant equipment | 5215.00M | 4988.00M | 5015.00M | 4834.00M | 4416.00M |
Total current assets | 36836.00M | 26177.00M | 95703.00M | 87607.00M | 32550.00M |
Long term investments | 5000.00M | 3000.00M | 22000.00M | 84998.00M | 5690.00M |
Net tangible assets | 24711.00M | 22000.00M | 22984.00M | 23071.00M | 18943.00M |
Short term investments | 3299.00M | 1477.00M | 19703.00M | 6607.00M | 2262.00M |
Net receivables | 57384.00M | 2700.00M | 43000.00M | 57000.00M | 55000.00M |
Long term debt | 43000.00M | 39000.00M | 42952.00M | 57835.00M | 58404.00M |
Inventory | - | - | - | - | - |
Accounts payable | 12133.00M | 10574.00M | 9444.00M | 12738.00M | 12255.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -3210.00000M | -2945.00000M | -2895.00000M | -2737.00000M | -2597.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 149.00M | 153.00M | 161.00M | 163.00M | 170.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 16279.00M | 13474.00M | 13837.00M | 13871.00M | 12499.00M |
Treasury stock | - | -271.00000M | -279.00000M | -292.00000M | -207.00000M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 214207.00M | -11993.00000M | -31132.00000M | -16416.00000M | -13453.00000M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 228354.00M | 11993.00M | 31132.00M | 16416.00M | 13453.00M |
Capital lease obligations | 3.00M | 14.00M | 17.00M | 25.00M | 19.00M |
Long term debt total | 43000.00M | 38675.00M | 42952.00M | 57835.00M | 58423.00M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -31819.00000M | -8980.00000M | 13572.00M | -14862.00000M | -17785.00000M |
Change to liabilities | 8815.00M | 5389.00M | -2025.00000M | 1771.00M | -4365.00000M |
Total cashflows from investing activities | -33689.00000M | -10529.00000M | 11632.00M | -16707.00000M | -19615.00000M |
Net borrowings | 3618.00M | -3413.00000M | -20151.00000M | 2172.00M | 2481.00M |
Total cash from financing activities | 24509.00M | -14933.00000M | -9068.00000M | -519.00000M | 5101.00M |
Change to operating activities | 1391.00M | 1068.00M | -1785.00000M | -368.00000M | 991.00M |
Net income | 7514.00M | 8060.00M | 3135.00M | 6759.00M | 6921.00M |
Change in cash | 11886.00M | -10937.00000M | 8519.00M | -3362.00000M | -5455.00000M |
Begin period cash flow | 22028.00M | 32965.00M | 24446.00M | 27808.00M | 33263.00M |
End period cash flow | 33914.00M | 22028.00M | 32965.00M | 24446.00M | 27808.00M |
Total cash from operating activities | 21079.00M | 14645.00M | 5591.00M | 13632.00M | 8930.00M |
Issuance of capital stock | 56.00M | 1648.00M | 44.00M | 86.00M | 87.00M |
Depreciation | 1626.00M | 1695.00M | 1543.00M | 1188.00M | 1293.00M |
Other cashflows from investing activities | -15.00000M | 1.00M | -462.00000M | -200.00000M | -520.00000M |
Dividends paid | 1565.00M | 1448.00M | 1474.00M | 1422.00M | 1324.00M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | 26906.00M | - | - |
Sale purchase of stock | -3502.00000M | -9252.00000M | -1029.00000M | -4685.00000M | -1685.00000M |
Other cashflows from financing activities | 48426.00M | 7365.00M | 8984.00M | 19352.00M | 26918.00M |
Change to netincome | 2010.00M | -1567.00000M | 4723.00M | 4282.00M | 3180.00M |
Capital expenditures | 1855.00M | 1550.00M | 1478.00M | 1645.00M | 1310.00M |
Change receivables | - | - | - | - | 248.00M |
Cash flows other operating | 1114.00M | 1068.00M | -1785.00000M | -368.00000M | 743.00M |
Exchange rate changes | - | - | - | - | 129.00M |
Cash and cash equivalents changes | 11899.00M | -10817.00000M | 8155.00M | -3594.00000M | -5455.00000M |
Change in working capital | 10206.00M | 6457.00M | -3810.00000M | 1403.00M | -3374.00000M |
Stock based compensation | 375.00M | 330.00M | 249.00M | 283.00M | 283.00M |
Other non cash items | 2547.00M | -2191.00000M | 4730.00M | 3573.00M | 3352.00M |
Free cash flow | 19224.00M | 13095.00M | 4113.00M | 11987.00M | 7620.00M |
Sector: Financial Services Industry: Credit Services
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | ||
---|---|---|---|---|---|---|---|---|
AXP American Express Company |
2.16 0.76% | 287.71 | 17.39 | 14.58 | 2.42 | 4.82 | ||
V Visa Inc. Class A |
-4.46 1.43% | 307.39 | 31.25 | 25.97 | 16.18 | 13.64 | 16.19 | 23.37 |
MA Mastercard Inc |
-6.82 1.31% | 512.64 | 37.04 | 29.50 | 16.14 | 62.35 | 16.47 | 27.24 |
PYPL PayPal Holdings Inc |
0.65 0.77% | 84.74 | 15.53 | 12.61 | 2.28 | 3.23 | 2.14 | 9.31 |
COF Capital One Financial Corporation |
-0.36 0.20% | 180.64 | 9.72 | 9.87 | 1.85 | 0.91 |
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel and lifestyle services. The company's products and services also comprise merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.
200 Vesey Street, New York, NY, United States, 10285
Name | Title | Year Born |
---|---|---|
Mr. Stephen Joseph Squeri | Chairman & CEO | 1960 |
Mr. Jeffrey C. Campbell | Vice Chairman & CFO | 1961 |
Ms. Laureen E. Seeger | Chief Legal Officer | 1962 |
Mr. Anre D. Williams | CEO of American Express National Bank & Group Pres of Enterprise Services | 1966 |
Mr. Douglas E. Buckminster | Vice Chairman & Group Pres of Global Consumer Services Group | 1961 |
Ms. Jessica Lieberman Quinn | Exec. VP, Corp. Controller & Principal Accounting Officer | 1973 |
Mr. Ravikumar Radhakrishnan | Exec. VP & CIO | 1972 |
Vivian Y. Zhou | Sr. VP & Head of Investor Relations | NA |
Mr. David Nigro | Chief Risk Officer & Head of Global Risk and Compliance | 1962 |
Marina H. Norville | VP of Public Affairs and Communications ? Corp., Financial & Risk | NA |
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