American Express (AXP) Asset Utilization Ratio (2011 - 2026)
American Express' (AXP) Asset Utilization Ratio came in at 0.25 for Q3 2026, up 5.6% from 0.24 a year earlier and up 1.9% from the prior quarter.
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Analysis
American Express (AXP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Since Q1 2011, American Express has reported Asset Utilization Ratio for 63 quarters.
- In prior years, American Express' Asset Utilization Ratio was 0.25 in FY2024 (+0.2%), 0.25 in FY2023 (-2.4%), 0.25 in FY2022 (+13.6%) and 0.22 in FY2021 (+20.2%).
- The Q3 2026 figure stands as the highest quarterly Asset Utilization Ratio in data going back to Q1 2011.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last three quarters, with growth averaging 2.1% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2022, with growth of 29.0%; the weakest was Q1 2024, with a decline of 2.0%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.25 (Q2 2026), 0.24 (Q1 2026) and 0.24 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 903.97 Bn | 903.97 Bn | - | 0.04 |
| 2 | Bank Of America | 356.92 Bn | -2,019.15 Bn | - | 0.03 |
| 3 | Hsbc Holdings | 296.96 Bn | -1,806.64 Bn | - | 0.02 |
| 4 | Morgan Stanley | 285.10 Bn | 285.10 Bn | - | 0.05 |
| 5 | Royal Bank Of Canada | 284.66 Bn | -545.38 Bn | - | 0.03 |
| 6 | Goldman Sachs | 266.61 Bn | 266.61 Bn | - | 0.03 |
| 7 | Wells Fargo & Company | 250.94 Bn | 250.94 Bn | - | 0.04 |
| 8 | Mitsubishi Ufj Financial | 245.01 Bn | -96.38 Bn | 10.89 Bn | 0.01 |
| 9 | Toronto Dominion Bank | 214.22 Bn | -461.66 Bn | - | 0.03 |
| 10 | American Express | 214.16 Bn | 13.64 Bn | - | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.25 |
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.23 |
API Access
American Express Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=AXP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();