GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » American Express Co (LTS:0R3C) » Definitions » Market Cap

American Express Co (LTS:0R3C) Market Cap : $212,820 Mil (As of Dec. 11, 2024)


View and export this data going back to 2014. Start your Free Trial

What is American Express Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). American Express Co's share price for the quarter that ended in Sep. 2024 was $271.025. American Express Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 704 Mil. Therefore, American Express Co's market cap for the quarter that ended in Sep. 2024 was $190,802 Mil.

American Express Co's quarterly market cap increased from Mar. 2024 ($163,680 Mil) to Jun. 2024 ($165,362 Mil) and increased from Jun. 2024 ($165,362 Mil) to Sep. 2024 ($190,802 Mil).

American Express Co's annual market cap declined from Dec. 2021 ($125,299 Mil) to Dec. 2022 ($108,329 Mil) but then increased from Dec. 2022 ($108,329 Mil) to Dec. 2023 ($135,870 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. American Express Co's Enterprise Value for Today is $220,006 Mil.


American Express Co Market Cap Historical Data

The historical data trend for American Express Co's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Express Co Market Cap Chart

American Express Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101,341.53 96,470.40 125,298.65 108,329.40 135,869.78

American Express Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109,787.40 135,869.78 163,680.35 165,362.00 190,801.60

Competitive Comparison of American Express Co's Market Cap

For the Credit Services subindustry, American Express Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Express Co's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, American Express Co's Market Cap distribution charts can be found below:

* The bar in red indicates where American Express Co's Market Cap falls into.



American Express Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

American Express Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$187.925*723
=$135,870

American Express Co's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$271.025*704
=$190,802

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Express Co  (LTS:0R3C) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


American Express Co Market Cap Related Terms

Thank you for viewing the detailed overview of American Express Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


American Express Co Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

American Express Co Headlines

No Headlines