Verified peer comparison

AXP vs BRK.B

American Express Company compared with Berkshire Hathaway Inc.. This page compares both source-verified company profiles and does not introduce an unverified price target.

AXP

American Express Company

$189.43

Open: --
High: --
Low: --
Market Cap: --

Open stock research

BRK.B

Berkshire Hathaway Inc.

$189.43

Open: --
High: --
Low: --
Market Cap: --

Open stock research

Company-specific comparison

Business exposure

AXP: Consumer Finance

BRK.B: Multi-Sector Holdings

Upside lens

AXP: Sustained spending by premium consumer and commercial Card Members can expand discount revenue and reinforce merchant-network economics. Demand for premium, fee-bearing products and refreshed value propositions can support card-fee growth and customer retention. Continued acquisition and engagement of Millennial and Gen Z customers can extend the duration of Card Member relationships and future spending growth.

BRK.B: Disciplined underwriting across GEICO, Berkshire Hathaway Reinsurance Group, and primary insurers can provide low-cost float for investment. Berkshire's large cash and Treasury-bill holdings provide capacity for acquisitions, securities purchases, operating investment, or repurchases when expected returns are attractive. Earnings from insurance, BNSF, Berkshire Hathaway Energy, manufacturing, service, and retail can offset weakness in individual industries.

Risk lens

AXP: Higher delinquencies or write-offs in Card Member loans and receivables could increase provisions and offset growth in spending and lending balances. Rewards, travel benefits, marketing, and partner payments may rise faster than revenue if competition for premium customers intensifies. Regulation of interchange, lending, data, or merchant practices and competition from other networks and digital payments could pressure the closed-loop model.

BRK.B: Large or unusual insured events can produce volatile claims, reserve uncertainty, and material quarterly underwriting losses. Concentrated public-equity holdings and the difficulty of deploying a very large capital base can amplify market exposure or depress future returns. Railroad and utility returns depend on heavy investment, operational reliability, regulation, commodity flows, weather, and wildfire-related liabilities.

Verified sources

American Express Reports First-Quarter 2026 Financial ResultsAmerican Express Company · earningsVerified