American Funds American Balanced Fund AFMBX NASDAQ

American Funds American Balanced Fund (AFMBX) reported declining year-over-year revenue growth of -2.5% through 2024-01 (TTM revenue vs prior-year TTM). Net income showed exceptional earnings expansion of +120% YoY, reaching $21M in the latest quarter. The net profit margin is 11%, which is moderate. The company has maintained profitability in all 4 quarters. The gross margin is 12.5% (low), up 6.8pp vs the prior year. With a $264B market cap, MOAT composite score of 54/100 (moderate competitive position).

Criteria proven by this page:

• GROWTH (100/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 12-year annual history, the company was profitable in 11 of 12 years — an excellent long-term track record
• INCOME (45/100, Partial) — the company is profitable but margin is below 15%
• MOAT (54/100, Partial) — some competitive advantages are present but not dominant

Overall SharesGrow Score: 81/100 with 4/7 criteria passed.