American Express (AXP) EBITDA Margin (2009 - 2026)
American Express' (AXP) quarterly EBITDA Margin came in at 17.85% in Q2 2026, down 119.0% year-over-year from 93.94% in Q2 2025, and down 4.91% quarter-over-quarter from 18.77% in Q1 2026.
Analysis
American Express (AXP) EBITDA Margin (2009 - 2026) Analysis & Trends
American Express has disclosed EBITDA Margin across 18 years of filings, most recently posting 17.85% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 119.0% year-over-year to 17.85%; the TTM figure through Jun 2026 stood at 17.72% (up 36.0% YoY), while the FY2025 annual figure was 17.72%, down 54.0% from the prior year.
- EBITDA Margin came in at 17.85% for Q2 2026 at American Express, down from 18.77% 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.
- Average EBITDA Margin over 5 years is 16.44%, with a median of 17.43% recorded in 2023.
- Year-over-year, EBITDA Margin soared 701 bps in 2023 and sank 305 bps in 2024.
- Over 5 years, 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 17 bps to 17.85% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 17.85% in Q2 2026, 18.77% in Q1 2026, and 15.24% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 37.28% |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 95.89% |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 138.04% |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 131.07% |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 84.05% |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 17.85% |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 29.14% |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 10.97% |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 63.04% |
Historic Data
Download Data
Historic 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% |