American Express (AXP) Shares Outstanding (Diluted) (2009 - 2026)
American Express (AXP) reported Shares Outstanding (Diluted) of 679 million for Q2 2026, down 2.9% from 699 million a year earlier and down 1.0% from the prior quarter.
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Analysis
American Express (AXP) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, American Express posted Shares Outstanding (Diluted) of 696 million, down 2.4% from FY2024.
- Shares Outstanding (Diluted) has declined for 15 consecutive years, with a five-year compound annual growth rate of -2.9% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 713 million in FY2024 (-3.1%), 736 million in FY2023 (-2.1%), 752 million in FY2022 (-4.8%) and 790 million in FY2021 (-2.0%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 60 quarters, with an average decline of 2.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 1.6% (Q2 2023) to 6.1% (Q2 2022).
- Per Business Quant data, the three quarters before Q2 2026 came in at 686 million (Q1 2026), 696 million (Q4 2025) and 693 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - | 2.69 Bn |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - | 26.92 Bn |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - | 7.29 Bn |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - | 3.51 Bn |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - | 1.57 Bn |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - | 1.41 Bn |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - | 304.90 Mn |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - | 3.07 Bn |
| 10 | American Express | 208.01 Bn | -160.24 Mn | - | 679.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 679.00 Mn |
| Mar 31, 2026 | 686.00 Mn |
| Dec 31, 2025 | 696.00 Mn |
| Sep 30, 2025 | 693.00 Mn |
| Jun 30, 2025 | 699.00 Mn |
| Mar 31, 2025 | 702.00 Mn |
| Dec 31, 2024 | 713.00 Mn |
| Sep 30, 2024 | 709.00 Mn |
| Jun 30, 2024 | 717.00 Mn |
| Mar 31, 2024 | 722.00 Mn |
| Dec 31, 2023 | 736.00 Mn |
| Sep 30, 2023 | 733.00 Mn |
| Jun 30, 2023 | 741.00 Mn |
| Mar 31, 2023 | 744.00 Mn |
| Dec 31, 2022 | 752.00 Mn |
| Sep 30, 2022 | 749.00 Mn |
| Jun 30, 2022 | 753.00 Mn |
| Mar 31, 2022 | 758.00 Mn |
| Dec 31, 2021 | 790.00 Mn |
| Sep 30, 2021 | 787.00 Mn |
API Access
American Express Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=AXP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();