Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $191,367 | $188,548 | $228,354 | $261,108 | $271,461 |
Liabilities | $168,383 | $166,371 | $203,643 | $233,051 | $241,197 |
Equity | $22,984 | $22,177 | $24,711 | $28,057 | $30,264 |
Edwyn
Over the past five years, American Express Company has shown a consistent growth trajectory in terms of total assets, total liabilities, and stockholders' equity. Total assets have increased steadily from 191 billion USD in 2020 to 271 billion USD in 2024. This growth suggests that the company has been successful in expanding its operations and investments over the period. Similarly, total liabilities have also increased from 168 billion USD in 2020 to 241 billion USD in 2024. This indicates that the company has taken on more debt to finance its growth and operations. However, it's worth noting that the increase in liabilities has been proportionate to the growth in assets, indicating a balanced approach to leveraging. Stockholders' equity has also shown a positive trend, growing from 22.98 billion USD in 2020 to 30.26 billion USD in 2024. This suggests that the company has been able to generate profits and retain earnings, strengthening its financial position. Overall, the company's financial position appears robust, with a healthy balance sheet and a strategic approach to managing its assets and liabilities in line with industry trends.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.