American Funds The Income Fund of America Class A

NAS:AMECXFinancial Services

——At close · Market cap —

AMECX · Income statement · TradingHolo

USD billions	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	YoY
Revenue	85.6	74.2	93.7	92.4	95.8	96.1	+0.3%
Cost of revenue	0.0	0.0	0.0	0.0	1.6	0.0	−100.0%
Gross profit	85.6	74.2	93.7	92.4	94.2	96.1	+2.0%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—
Selling, general & administrative	46.7	48.5	52.8	53.8	56.3	59.3	+5.4%
Selling & marketing	1.9	1.7	1.9	1.8	1.9	2.0	+1.5%
Operating expenses	52.8	48.5	52.8	53.8	56.3	59.3	+5.4%
Operating income	32.8	25.7	40.9	38.6	39.5	36.7	−7.0%
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	—
Interest income	0.0	0.0	0.0	0.0	0.0	0.0	—
Other income / expense	0.0	(6.7)	(7.0)	(7.7)	(11.2)	(7.5)	+32.9%
Pre-tax income	32.8	19.0	34.0	31.0	28.3	29.3	+3.2%
Income tax	5.3	1.1	2.0	3.4	1.8	2.1	+16.1%
Net income	26.0	16.5	30.6	26.0	26.5	27.1	+2.3%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	(1.4)	(1.4)	(1.4)	(1.5)	0.0	0.0	—
EPS, basic (per share)	2.75	1.87	3.57	3.19	2.89	3.02	+4.5%
EPS, diluted (per share)	2.75	1.87	3.57	3.19	3.08	3.21	+4.2%
EBITDA	79.4	53.3	83.8	79.3	81.1	75.7	−6.6%
Depreciation & amortization	1.7	1.8	1.9	2.0	2.1	2.2	+6.4%
Weighted average shares (shares)	0	0	0	0	0	0	—
Weighted average diluted shares (shares)	0	0	0	0	0	0	—
Gross margin	100.0%	100.0%	100.0%	100.0%	98.3%	100.0%	+1.7 pts
Operating margin	38.3%	34.7%	43.7%	41.8%	41.2%	38.2%	−3.0 pts
Net margin	30.4%	22.2%	32.6%	28.2%	27.7%	28.2%	+0.6 pts

USD billionsUpdated 31 Mar 2025 ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.