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Dec 31, 2022

American Express Q4 2022 Earnings Report

American Express reported a record revenue driven by highest-ever quarterly card member spending and EPS for the quarter.

Key Takeaways

American Express reported a strong Q4 2022, with a 17% increase in revenue to a record $14.2 billion. EPS for the quarter was $2.07. The company expects full-year 2023 revenue growth of 15% to 17% and EPS of $11.00 to $11.40.

Q4 revenue increased 17% to a record $14.2 billion.

EPS for the quarter was $2.07.

Company expects full-year 2023 revenue growth of 15% to 17%.

Company expects full-year 2023 EPS of $11.00 to $11.40.

Total Revenue
$14.2B
Previous year: $12.1B
+16.7%
EPS
$2.07
Previous year: $2.18
-5.0%
Gross Profit
$8.37B
Previous year: $7.93B
+5.6%
Cash and Equivalents
$33.4B
Previous year: $21.5B
+55.2%
Free Cash Flow
$7.92B
Previous year: $4.54B
+74.5%
Total Assets
$228B
Previous year: $189B
+21.1%

American Express

American Express

Forward Guidance

American Express expects 2023 revenue growth of 15% to 17% and earnings per share of $11.00 to $11.40.