---
title: "American Express: Competitors"
description: "American Express compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen."
canonical: https://www.getswoopr.com/stocks/companies/american-express/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# American Express: Competitors & Industry Structure



## Direct Answer

SEC EDGAR classifies American Express under SIC code 6199 (Finance Services). Among Swoopr's S&P 500 Equal Weight companies, 64 others share that classification; by latest reported revenue, American Express ranks 1 of 65. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does American Express Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| **American Express (AXP)** | $41.3 billion FY2025 | 6.4% | n/a | 26.2% |
| [Synchrony Financial (SYF)](https://www.getswoopr.com/stocks/companies/synchrony-financial/) | $19.0 billion FY2025 | -2.8% | n/a | 18.7% |
| [Coinbase (COIN)](https://www.getswoopr.com/stocks/companies/coinbase/) | $7.2 billion FY2025 | 9.4% | 20.0% | 18.1% |
| [Circle Internet Group Inc. (CRCL)](https://www.getswoopr.com/stocks/companies/circle-internet-group-inc/) | $2.7 billion FY2025 | 63.9% | -3.5% | -2.5% |
| [Bakkt Inc. (BKKT)](https://www.getswoopr.com/stocks/companies/bakkt-inc/) | $2.3 billion FY2025 | -32.1% | -6.3% | -4.6% |
| [Chime Financial Inc. (CHYM)](https://www.getswoopr.com/stocks/companies/chime-financial-inc/) | $2.2 billion FY2025 | 30.7% | -47.6% | -46.2% |
| [Green Dot Corporation (GDOT)](https://www.getswoopr.com/stocks/companies/green-dot-corporation/) | $2.1 billion FY2025 | 20.7% | 0.7% | -4.8% |
| [Pagaya Technologies Ltd. (PGY)](https://www.getswoopr.com/stocks/companies/pagaya-technologies-ltd/) | $1.3 billion FY2025 | 26.1% | 20.3% | 6.3% |
| [loanDepot Inc. (LDI)](https://www.getswoopr.com/stocks/companies/loandepot-inc/) | $1.2 billion FY2025 | 12.2% | n/a | -9.0% |
| [Upstart Holdings Inc. (UPST)](https://www.getswoopr.com/stocks/companies/upstart-holdings-inc/) | $1.0 billion FY2025 | 64.0% | 4.1% | 5.1% |
| [Oportun Financial Corporation (OPRT)](https://www.getswoopr.com/stocks/companies/oportun-financial-corporation/) | $957 million FY2025 | -4.5% | n/a | 2.6% |
| [Perella Weinberg Partners (PWP)](https://www.getswoopr.com/stocks/companies/perella-weinberg-partners/) | $751 million FY2025 | -14.5% | 6.4% | 6.4% |
| [Riot Platforms Inc. (RIOT)](https://www.getswoopr.com/stocks/companies/riot-platforms-inc/) | $647 million FY2025 | 71.9% | -96.1% | -102.4% |
| [SoFi Technologies Inc. (SOFI)](https://www.getswoopr.com/stocks/companies/sofi-technologies-inc/) | $619 million FY2025 | 23.1% | n/a | 77.7% |
| [Strategy (MSTR)](https://www.getswoopr.com/stocks/companies/strategy/) | $477 million FY2025 | 3.0% | -1140.8% | -806.3% |
| [Resolute Holdings Management (RHLD)](https://www.getswoopr.com/stocks/companies/resolute-holdings-management/) | $462 million FY2025 | 9.9% | 31.0% | -1.3% |
| [Consumer Portfolio Services Inc. (CPSS)](https://www.getswoopr.com/stocks/companies/consumer-portfolio-services-inc/) | $434 million FY2025 | 10.4% | n/a | 4.4% |
| [OppFi Inc. (OPFI)](https://www.getswoopr.com/stocks/companies/oppfi-inc/) | $381 million FY2025 | 18.6% | 43.7% | 6.9% |
| [Wealthfront Corporation (WLTH)](https://www.getswoopr.com/stocks/companies/wealthfront-corporation/) | $365 million FY2026 | 18.2% | n/a | -11.5% |
| [Security National Financial Corporation (SNFCA)](https://www.getswoopr.com/stocks/companies/security-national-financial-corporation/) | $345 million FY2025 | 3.0% | n/a | 9330.6% |
| [Core Scientific Inc. (CORZ)](https://www.getswoopr.com/stocks/companies/core-scientific-inc/) | $319 million FY2025 | -37.5% | -77.0% | -90.5% |
| [Cipher Digital Inc. (CIFR)](https://www.getswoopr.com/stocks/companies/cipher-digital-inc/) | $224 million FY2025 | 48.0% | -188.2% | -367.2% |
| [Binah Capital Group Inc. (BCG)](https://www.getswoopr.com/stocks/companies/binah-capital-group-inc/) | $187 million FY2025 | 10.8% | n/a | 1.2% |
| [American Bitcoin Corp. (ABTC)](https://www.getswoopr.com/stocks/companies/american-bitcoin-corp/) | $185 million FY2025 | 158.8% | -123.1% | -82.7% |
| [Gemini Space Station Inc. (GEMI)](https://www.getswoopr.com/stocks/companies/gemini-space-station-inc/) | $180 million FY2025 | 26.3% | -192.5% | -324.6% |
| [TeraWulf Inc. (WULF)](https://www.getswoopr.com/stocks/companies/terawulf-inc/) | $168 million FY2025 | 20.3% | -110.5% | -392.6% |
| [Exodus Movement Inc. (EXOD)](https://www.getswoopr.com/stocks/companies/exodus-movement-inc/) | $122 million FY2025 | 4.5% | n/a | -9.3% |
| [Bit Digital Inc. (BTBT)](https://www.getswoopr.com/stocks/companies/bit-digital-inc/) | $114 million FY2025 | 5.1% | -80.9% | -70.7% |
| [WhiteFiber Inc. (WYFI)](https://www.getswoopr.com/stocks/companies/whitefiber-inc/) | $79 million FY2025 | 66.2% | -33.9% | -31.2% |
| [GPGI Inc. (GPGI)](https://www.getswoopr.com/stocks/companies/gpgi-inc/) | $60 million FY2025 | -85.8% | -23.0% | -227.3% |
| [Vulcan Infrastructure and Power Inc. (VIP)](https://www.getswoopr.com/stocks/companies/vulcan-infrastructure-and-power-inc/) | $59 million FY2025 | -1.3% | -6.5% | 9.0% |
| [Eightco Holdings Inc. (ORBS)](https://www.getswoopr.com/stocks/companies/eightco-holdings-inc/) | $33 million FY2025 | -16.8% | -173.5% | -794.4% |
| [Fold Holdings Inc. (FLD)](https://www.getswoopr.com/stocks/companies/fold-holdings-inc/) | $32 million FY2025 | 33.9% | n/a | -218.9% |
| [Soluna Holdings Inc. (SLNH)](https://www.getswoopr.com/stocks/companies/soluna-holdings-inc/) | $30 million FY2025 | -21.8% | -113.3% | -179.7% |
| [Sharplink Inc. (SBET)](https://www.getswoopr.com/stocks/companies/sharplink-inc/) | $28 million FY2025 | 666.1% | -2616.0% | -2618.4% |
| [Forward Industries Inc. (FWDI)](https://www.getswoopr.com/stocks/companies/forward-industries-inc/) | $18 million FY2025 | -9.0% | -46.1% | -918.1% |
| [BTCS Inc. (BTCS)](https://www.getswoopr.com/stocks/companies/btcs-inc/) | $16 million FY2025 | 304.8% | n/a | -202.2% |
| [VerifyMe Inc. (VRME)](https://www.getswoopr.com/stocks/companies/verifyme-inc/) | $16 million FY2025 | -32.3% | -30.9% | -29.9% |
| [Upexi Inc. (UPXI)](https://www.getswoopr.com/stocks/companies/upexi-inc/) | $16 million FY2025 | -39.2% | -79.1% | -86.5% |
| [TON Strategy Company (TONX)](https://www.getswoopr.com/stocks/companies/ton-strategy-company/) | $13 million FY2025 | 1327.8% | -285.2% | -1161.9% |
| [DeFi Development Corp. (DFDV)](https://www.getswoopr.com/stocks/companies/defi-development-corp/) | $11 million FY2025 | 442.3% | -319.7% | -648.1% |
| [Stablecoin Development Corporation (SDEV)](https://www.getswoopr.com/stocks/companies/stablecoin-development-corporation/) | $10 million FY2024 | -6.4% | -75.4% | -73.8% |
| [PowerCompute Inc. (PWCM)](https://www.getswoopr.com/stocks/companies/powercompute-inc/) | $9 million FY2025 | -19.6% | -258.7% | -305.0% |
| [SHF Holdings Inc. (SHFS)](https://www.getswoopr.com/stocks/companies/shf-holdings-inc/) | $8 million FY2025 | -49.7% | -70.4% | -28.2% |
| [Forum Markets Incorporated (FRMM)](https://www.getswoopr.com/stocks/companies/forum-markets-incorporated/) | $7 million FY2025 | n/a | -3565.8% | -6881.3% |
| [BitMine Immersion Technologies Inc. (BMNR)](https://www.getswoopr.com/stocks/companies/bitmine-immersion-technologies-inc/) | $6 million FY2025 | 84.1% | 7288.1% | 5719.1% |
| [Solana Company (HSDT)](https://www.getswoopr.com/stocks/companies/solana-company/) | $6 million FY2025 | 1057.1% | -4052.5% | -679.7% |
| [AIxCrypto Holdings Inc. (AIXC)](https://www.getswoopr.com/stocks/companies/aixcrypto-holdings-inc/) | $5 million FY2022 | n/a | -296.2% | -374.0% |
| [Tron Inc. (TRON)](https://www.getswoopr.com/stocks/companies/tron-inc/) | $5 million FY2025 | 10.0% | -53.1% | -354.6% |
| [Sui Group Holdings Limited (SUIG)](https://www.getswoopr.com/stocks/companies/sui-group-holdings-limited/) | $4 million FY2025 | 18.1% | -6772.6% | -6825.0% |
| [FG Nexus Inc. (FGNX)](https://www.getswoopr.com/stocks/companies/fg-nexus-inc/) | $2 million FY2025 | -92.5% | -2652.3% | -2765.9% |
| [Nakamoto Inc. (NAKA)](https://www.getswoopr.com/stocks/companies/nakamoto-inc/) | $2 million FY2025 | -33.0% | -10824.0% | -2867.6% |
| [Z Squared Inc. (ZSQR)](https://www.getswoopr.com/stocks/companies/z-squared-inc/) | $1 million FY2025 | n/a | -956.9% | -874.3% |
| [Empery Digital Inc. (EMPD)](https://www.getswoopr.com/stocks/companies/empery-digital-inc/) | $974,977 FY2025 | -75.5% | -15742.0% | -15390.4% |
| [Netcapital Inc. (NCPL)](https://www.getswoopr.com/stocks/companies/netcapital-inc/) | $869,460 FY2025 | -82.4% | -957.1% | -3255.0% |
| [Hyperion DeFi Inc. (HYPD)](https://www.getswoopr.com/stocks/companies/hyperion-defi-inc/) | $813,455 FY2025 | 1318.8% | -5743.5% | -5570.6% |
| [Strive Inc. (ASST)](https://www.getswoopr.com/stocks/companies/strive-inc/) | $633,489 FY2024 | 128.7% | -3576.1% | -3406.5% |
| [Tao Synergies Inc. (TAOX)](https://www.getswoopr.com/stocks/companies/tao-synergies-inc/) | $299,061 FY2025 | n/a | -3025.2% | -9609.2% |
| [SkyAI Inc. (SKYA)](https://www.getswoopr.com/stocks/companies/skyai-inc/) | $204,120 FY2025 | n/a | -132145.5% | -138400.0% |
| [Axe Compute Inc. (AGPU)](https://www.getswoopr.com/stocks/companies/axe-compute-inc/) | $125,284 FY2025 | 47.7% | -144404.5% | -186053.4% |
| [SANGRIX INC. (SGRX)](https://www.getswoopr.com/stocks/companies/sangrix-inc/) | $39,495 FY2025 | -98.6% | -7574.9% | -11064.5% |
| [HeartSciences Inc. (HSCS)](https://www.getswoopr.com/stocks/companies/heartsciences-inc/) | $4,319 FY2026 | -0.7% | -194787.4% | -211666.5% |
| [House of Doge Inc. (HODO)](https://www.getswoopr.com/stocks/companies/house-of-doge-inc/) | $105 FY2024 | -100.0% | n/a | -3131922.9% |
| [USBC Inc. (USBC)](https://www.getswoopr.com/stocks/companies/usbc-inc/) | $0 FY2023 | -100.0% | n/a | n/a |
| [Beneficient (BENF)](https://www.getswoopr.com/stocks/companies/beneficient/) | -$39 million FY2026 | n/a | n/a | n/a |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

## How Does American Express Rank Among All SEC Filers in Its Industry Code?

63 companies with annual reports in Swoopr's SEC dataset share SIC code 6199 (Finance Services), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | American Express | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $41.3 billion | $33 million | 1 of 63 |
| Revenue growth | 6.4% | 9.9% | 32 of 58 |
| Net margin | 26.2% | -179.7% | 4 of 63 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value American Express reported in its own SEC filings, read from the SEC's XBRL data (accession 0000004962-26-000080 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are American Express's competitors?

Companies sharing American Express's SEC classification (SIC code 6199 (Finance Services)) include Synchrony Financial (SYF), Coinbase (COIN), Circle Internet Group Inc. (CRCL), Bakkt Inc. (BKKT), Chime Financial Inc. (CHYM). Its 10-K names the competitors it considers most relevant.

### How does American Express compare with its peers on margins?

A margin comparison needs reported operating income for American Express and its peers; where either is missing, Swoopr leaves the comparison out.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does American Express rank among all companies in its SEC industry?

Among 63 SEC filers under SIC code 6199, American Express ranks 1 by latest revenue.

## References

- [SEC EDGAR: AMERICAN EXPRESS CO Form 10-K filed February 6, 2026](https://www.sec.gov/Archives/edgar/data/4962/000000496226000080/axp-20251231.htm)
- [SEC EDGAR: AMERICAN EXPRESS CO annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=4962&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [American Express company dossier](https://www.getswoopr.com/stocks/companies/american-express/)
- [American Express financial metrics](https://www.getswoopr.com/stocks/companies/american-express/metrics/)
- [American Express financial risk indicators](https://www.getswoopr.com/stocks/companies/american-express/risks/)
- [American Express peer comparison](https://www.getswoopr.com/stocks/companies/american-express/competitors/)
- [American Express business model and revenue mix](https://www.getswoopr.com/stocks/companies/american-express/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)





**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**



Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).