AXPAMERICAN EXPRESS CO
Finance Services
- Revenue
- $41.3B
- 6.4% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $214.1B
- Employees
- 76,800
- $538K revenue each
- Net debt / EBITDA
- —
- $15.1B net debt
- AI in 10-K
- 4.4
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo170% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo44% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo2% of assetsOver 40% of assets
- Shareholder dissentNo93% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo$538K · 42nd pctBottom quartile of its SIC industry
- Quiet on AINo4.4 per 10K words · 80th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo5.3× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$214.1B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$42M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $27.7B | $34.2B | $37.2B | $38.8B | $41.3B | 6.4% |
| Net income | $8.1B | $7.5B | $8.4B | $10.1B | $10.8B | 7.0% |
| Operating cash flow | $14.6B | $21.1B | $18.6B | $14.1B | $18.4B | 31% |
| Capex | $1.6B | $1.9B | $1.6B | $1.9B | $2.4B | 27% |
| Stock-based comp | $330M | $375M | $450M | $504M | $551M | 9.3% |
| Buybacks | $7.7B | $3.5B | $3.6B | $6.0B | $5.8B | 3.4% |
| Dividends | $1.4B | $1.6B | $1.8B | $2.0B | $2.3B | 14% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $42M · 16
- Net
- −$42M
Pay vs performance
No pay-versus-performance disclosure yet.