American Express Co. is a globally integrated payments company. Co. provides its customers with access to products, insights, and experiences that build business. It provides credit and charge cards to consumers, small businesses, mid-sized companies, and corporations. It operates under four segments: U.S. Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS), and Global Merchant and Network Services (GMNS). USCS offers travel and lifestyle services as well as banking and non-card financing products. CS offers payment and expense management, banking, and non-card financing products. We show 61 historical shares outstanding datapoints in our AXP shares outstanding history coverage, used to compute AXP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AXP market cap history over the course of time is important for investors
interested in comparing AXP's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AXP versus a peer is one thing; comparing
AXP market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AXP can fluctuate over the course of history.
With this page we aim to empower investors researching AXP by allowing them to research the AXP market cap history. |
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Video: The Importance of Market Cap
