American Express AXP
NYSE AXP
$323.70 +5.51 (+1.73%)
At close: Oct 29, 2026 · 4:00 PM EDT

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

Updated

American Express' Debt Ratio was 0.19 in Q3 2026, down 2.9% from 0.20 a year earlier but up 0.9% from the prior quarter.

Analysis

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

From Q4 2010 onward, American Express has reported Debt Ratio for 64 quarters.

  • In earlier years, Debt Ratio was 0.19 in FY2024 (unchanged), 0.19 in FY2023 (-2.1%), 0.19 in FY2022 (-11.2%) and 0.22 in FY2021 (-7.8%).
  • Quarterly Debt Ratio has moved between 0.18 (Q1 2023) and 0.22 (Q4 2021) over five years.
  • Compared with a year earlier, Debt Ratio was higher in three of the last eight quarters, with an average year-over-year change of 0.0%.
  • The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 5.8%); the worst was Q1 2023 (a decline of 12.0%).
  • Per Business Quant data, AXP's Debt Ratio in the three quarters before Q3 2026 was 0.19 (Q2 2026), 0.20 (Q1 2026) and 0.19 (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Jpmorgan Chase 903.97 Bn 903.97 Bn - -
2 Bank Of America 356.92 Bn -2,019.15 Bn - 0.11
3 Hsbc Holdings 296.96 Bn -1,806.64 Bn - -
4 Morgan Stanley 285.10 Bn 285.10 Bn - -
5 Royal Bank Of Canada 284.66 Bn -545.38 Bn - 0.01
6 Goldman Sachs 266.61 Bn 266.61 Bn - -
7 Wells Fargo & Company 250.94 Bn 250.94 Bn - 0.10
8 Mitsubishi Ufj Financial 245.01 Bn -96.38 Bn 10.89 Bn 0.05
9 Toronto Dominion Bank 214.22 Bn -461.66 Bn - -
10 American Express 214.16 Bn 13.64 Bn - 0.19
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 0.19
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
API Access

American Express Debt 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=debt-ratio&ticker=AXP&period=max&api_key=YOUR_API_KEY