American Express Company
AXPFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
74,201
Cost of Revenue
13,437
Gross Profit
60,764
Gross Margin
81.9%
Operating Income
12,895
Operating Margin
17.4%
Net Income
10,129
Net Margin
13.7%
EPS (Basic)
$14.04
EPS (Diluted)
$14.02
EBITDA
14,571
EBITDA Margin
19.6%
2023
12/31/2023
Revenue
67,364
Cost of Revenue
11,772
Gross Profit
55,592
Gross Margin
82.5%
Operating Income
10,513
Operating Margin
15.6%
Net Income
8,374
Net Margin
12.4%
EPS (Basic)
$11.23
EPS (Diluted)
$11.21
EBITDA
12,164
EBITDA Margin
18.1%
2022
12/31/2022
Revenue
55,625
Cost of Revenue
4,945
Gross Profit
50,680
Gross Margin
91.1%
Operating Income
9,585
Operating Margin
17.2%
Net Income
7,514
Net Margin
13.5%
EPS (Basic)
$9.85
EPS (Diluted)
$9.84
EBITDA
11,211
EBITDA Margin
20.2%
2021
12/31/2021
Revenue
44,430
Cost of Revenue
-136
Gross Profit
44,566
Gross Margin
100.3%
Operating Income
10,689
Operating Margin
24.1%
Net Income
8,060
Net Margin
18.1%
EPS (Basic)
$10.03
EPS (Diluted)
$10.02
EBITDA
12,384
EBITDA Margin
27.9%
2020
12/31/2020
Revenue
38,337
Cost of Revenue
6,828
Gross Profit
31,509
Gross Margin
82.2%
Operating Income
4,296
Operating Margin
11.2%
Net Income
3,135
Net Margin
8.2%
EPS (Basic)
$3.77
EPS (Diluted)
$3.77
EBITDA
5,839
EBITDA Margin
15.2%