American Express Company (AXP) experienced a minor decline in the current trading session, with the price at $318.17, down by 67 cents (-0.21%) from the previous close. Trading volume stood at $651,384, representing a 17.64% increase relative to the average.
In the latest quarterly earnings report on April 22nd, AXP posted an EPS of $4.01, slightly below the consensus estimate. Revenue and profit margin figures are awaited.
With a forward dividend yield of 1.19%, AXP distributed 82 cents per share MRQ, showing a yearly decrease of 12.1429 cents. The TTM dividend per share stands at $3.41.
AXP demonstrated robust financial health in its cash flow activities. Notably, free cash flow amounted to $2.65 billion, with a net change in cash of $5.96 billion.
The company reported a revenue of $20.88 billion, leading to a gross profit of $17.66 billion. Operating income stood at $6.60 billion, resulting in a net income of $2.97 billion. EPS and diluted EPS both settled at $4.28.
Key ratios for AXP show a gross profit margin of 84.56%, net profit margin of 14.23%, and a price-to-earnings ratio of 17.46. The return on equity is 8.74%, with a debt-equity ratio of 177.8.
AXP's financial position is solid, with total assets of $308.89 billion and total liabilities of $274.90 billion. Cash and cash equivalents stand at $53.76 billion, reflecting a healthy balance sheet.
This real-time financial report provides insights into AXP's performance and financial metrics as the market close approaches.
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.