American Express (AXP) EBITDA Margin (2009 - 2026)

American Express has disclosed EBITDA Margin across 18 years of filings, most recently posting 18.77% for Q1 2026.

• EBITDA Margin for Q1 2026 came in at 18.77%, up 112.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.0% (down 2.0% YoY), and the FY2025 annual result was 17.72%, down 54.0% from the prior year.
• EBITDA Margin came in at 18.77% for Q1 2026 at American Express, up from 15.24% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 21.91% in Q2 2024 to a low of 10.83% in Q2 2022.
• The 5-year median for EBITDA Margin is 17.22% (2023), against an average of 16.36%.
• Across the five-year window, EBITDA Margin surged 701 bps in 2023 and slumped 305 bps in 2024, its largest moves.
• American Express' EBITDA Margin stood at 11.46% in 2022, then surged by 50 bps to 17.22% in 2023, then slipped by 18 bps to 14.17% in 2024, then gained by 8 bps to 15.24% in 2025, then gained by 23 bps to 18.77% in 2026.
• The last three EBITDA Margin figures came in at 18.77% (Q1 2026), 15.24% (Q4 2025), and 19.07% (Q3 2025), per Business Quant data.