American Express (AXP) EBITDA Margin (2009 - 2026)
American Express (AXP) posted EBITDA Margin of 17.85% for Q2 2026, down 4.91% sequentially from 18.77% in Q1 2026, and down 119.0% YoY from 93.94% in Q2 2025.
American Express (AXP) EBITDA Margin (2009 - 2026) Analysis & Trends
American Express has reported EBITDA Margin for 18 years, with the latest figure at 17.85% in Q2 2026.
- Quarterly EBITDA Margin fell 119.0% year-over-year to 17.85% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.72% (up 36.0% YoY) and the FY2025 annual result came in at 17.72%, down 54.0% from the prior year.
- EBITDA Margin retreated to 17.85% in Q2 2026 per AXP's latest filing, from 18.77% in the prior quarter.
- Over five years, EBITDA Margin peaked at 21.91% in Q2 2024 and troughed at 10.83% in Q2 2022.
- A 5-year average of 16.44% and a median of 17.43% in 2023 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin jumped 701 bps in 2023, then slumped 305 bps in 2024.
- Over 5 years, EBITDA Margin stood at 11.46% in 2022, then jumped by 50 bps to 17.22% in 2023, then declined by 18 bps to 14.17% in 2024, then climbed by 8 bps to 15.24% in 2025, then climbed by 17 bps to 17.85% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 17.85%, 18.77%, and 15.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 59.12% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 60.22% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 17.85% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 87.81% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 16.44% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 44.85% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 8.51% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -720.86% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 33.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.85% |
| Mar 31, 2026 | 18.77% |
| Dec 31, 2025 | 15.24% |
| Sep 30, 2025 | 19.07% |
| Jun 30, 2025 | 19.04% |
| Mar 31, 2025 | 17.65% |
| Dec 31, 2024 | 14.17% |
| Sep 30, 2024 | 18.57% |
| Jun 30, 2024 | 21.91% |
| Mar 31, 2024 | 18.59% |
| Dec 31, 2023 | 17.22% |
| Sep 30, 2023 | 20.14% |
| Jun 30, 2023 | 16.77% |
| Mar 31, 2023 | 13.17% |
| Dec 31, 2022 | 11.46% |
| Sep 30, 2022 | 13.12% |
| Jun 30, 2022 | 10.83% |
| Mar 31, 2022 | 12.40% |
| Dec 31, 2021 | 6.37% |
| Sep 30, 2021 | 7.75% |