American Express (AXP) EBITDA Margin (2010 - 2026)
American Express (AXP) reported EBITDA Margin of 33.19% for Q2 2026, down 0.72 percentage points from 33.90% a year earlier but up 0.29 percentage points from the prior quarter.
American Express (AXP) EBITDA Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Express' EBITDA Margin came in at 32.60%, down 0.60 percentage points year-over-year; for FY2025, it came in at 32.96%, down 1.65 percentage points from FY2024.
- EBITDA Margin has a five-year change of +10.96 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 34.61% in FY2024 (+3.19 pp), 31.42% in FY2023 (+4.98 pp), 26.43% in FY2022 (-5.81 pp) and 32.25% in FY2021 (+10.25 pp).
- Five-year quarterly EBITDA Margin spans a low of 24.66% in Q4 2022 and a high of 38.42% in Q2 2024.
- Year over year, EBITDA Margin has now declined in each of the last three quarters, with an average year-over-year change of -1.07 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2023 (a gain of 7.58 percentage points); the low point was Q1 2022 (a drop of 12.43 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 32.89% (Q1 2026), 29.57% (Q4 2025) and 34.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - | 95.81% |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - | - |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - | 95.10% |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - | - |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - | 101.52% |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - | 139.87% |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - | 133.57% |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - | 92.35% |
| 10 | American Express | 208.01 Bn | -160.24 Mn | - | 33.19% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.19% |
| Mar 31, 2026 | 32.89% |
| Dec 31, 2025 | 29.57% |
| Sep 30, 2025 | 34.79% |
| Jun 30, 2025 | 33.90% |
| Mar 31, 2025 | 33.77% |
| Dec 31, 2024 | 30.40% |
| Sep 30, 2024 | 34.77% |
| Jun 30, 2024 | 38.42% |
| Mar 31, 2024 | 35.07% |
| Dec 31, 2023 | 30.90% |
| Sep 30, 2023 | 34.63% |
| Jun 30, 2023 | 31.91% |
| Mar 31, 2023 | 28.01% |
| Dec 31, 2022 | 24.66% |
| Sep 30, 2022 | 27.06% |
| Jun 30, 2022 | 25.23% |
| Mar 31, 2022 | 29.24% |
| Dec 31, 2021 | 24.84% |
| Sep 30, 2021 | 29.27% |
American Express EBITDA Margin 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=ebitda-margin&ticker=AXP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();