American Express (AXP) Debt Ratio (2010 - 2026)

American Express (AXP) posted Debt Ratio of 0.19 for Q2 2026, down 2.09% sequentially from 0.2 in Q1 2026, and down 5.14% YoY from 0.2 in Q2 2025.

American Express (AXP) Debt Ratio (2010 - 2026) Analysis & Trends

American Express has reported Debt Ratio for 17 years, with the latest figure at 0.19 in Q2 2026.

  • Quarterly Debt Ratio fell 5.14% year-over-year to 0.19 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.19 (down 5.14% YoY) and the FY2025 annual result came in at 0.19, up 2.28% from the prior year.
  • Debt Ratio fell to 0.19 in Q2 2026 per AXP's latest filing, from 0.2 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.21 in Q2 2022 and troughed at 0.18 in Q1 2023.
  • A 5-year average of 0.2 and a median of 0.19 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio retreated 12.02% in 2023, then climbed 5.83% in 2024.
  • Over 5 years, Debt Ratio stood at 0.19 in 2022, then retreated by 2.11% to 0.19 in 2023, then retreated by 0.04% to 0.19 in 2024, then grew by 2.28% to 0.19 in 2025, then declined by 0.47% to 0.19 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.19, 0.2, and 0.19 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 0.25
2 Mastercard 506.53 Bn 493.04 Bn - 0.43
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 0.19
4 Capital One Financial 136.19 Bn 81.48 Bn - 0.05
5 PayPal Holdings 52.34 Bn 41.08 Bn - 0.18
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 0.13
8 Affirm Holdings 25.93 Bn 24.20 Bn - 0.18
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 0.11

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
Mar 31, 2026 0.20
Dec 31, 2025 0.19
Sep 30, 2025 0.20
Jun 30, 2025 0.20
Mar 31, 2025 0.19
Dec 31, 2024 0.19
Sep 30, 2024 0.20
Jun 30, 2024 0.20
Mar 31, 2024 0.19
Dec 31, 2023 0.19
Sep 30, 2023 0.19
Jun 30, 2023 0.20
Mar 31, 2023 0.18
Dec 31, 2022 0.19
Sep 30, 2022 0.20
Jun 30, 2022 0.21
Mar 31, 2022 0.21
Dec 31, 2021 0.22
Sep 30, 2021 0.20