American Funds American Balanced Fund Class A

Over the last four quarters, American Funds American Balanced Fund Class A achieved steady financial progress, growing revenue from $212.71M in Q1 2023 to $187.61M in Q4 2023. Gross profit stayed firm with margins at 16% in Q4 2023 versus 7% in Q1 2023. Operating income totaled $23.03M in Q4 2023, maintaining a 12% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $27.45M. Net income dropped to $20.57M, with EPS at $1.17. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.