Key takeaways
- American Express (AXP) and S&P Global (SPGI) serve as critical infrastructure for the global economy.
- In FY 2025, revenue reached nearly $72.2 billion, representing a growth rate of approximately 9.5% over the prior year.
- Free cash flow for the year was close to $5.5 billion, representing the cash available for dividends and acquisitions after capital expenditures.
American Express operates a massive, high-spending network with a strong focus on premium consumer and small business segments. S&P Global maintains a dominant market position as an essential provider of financial ratings, data, and benchmarks.
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