American Express (AXP) EBT Margin (2009 - 2026)
American Express (AXP) posted EBT Margin of 20.73% for Q2 2026, up 3.75% sequentially from 19.98% in Q1 2026, and up 85.0% YoY from 11.21% in Q2 2025.
American Express (AXP) EBT Margin (2009 - 2026) Analysis & Trends
American Express has reported EBT Margin for 18 years, with the latest figure at 20.73% in Q2 2026.
- Quarterly EBT Margin rose 85.0% year-over-year to 20.73% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 19.44% (up 73.0% YoY) and the FY2025 annual result came in at 19.1%, down 45.0% from the prior year.
- EBT Margin rose to 20.73% in Q2 2026 per AXP's latest filing, from 19.98% in the prior quarter.
- Over five years, EBT Margin peaked at 23.2% in Q2 2024 and troughed at 13.2% in Q4 2022.
- A 5-year average of 18.81% and a median of 19.44% in 2025 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2024: EBT Margin sank 991 bps in 2022, then jumped 504 bps in 2024.
- Over 5 years, EBT Margin stood at 13.2% in 2022, then advanced by 20 bps to 15.9% in 2023, then climbed by 1 bps to 16.04% in 2024, then rose by 1 bps to 16.28% in 2025, then rose by 27 bps to 20.73% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 20.73%, 19.98%, and 16.28% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 58.74% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 59.14% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 20.73% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 30.28% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 15.09% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 24.62% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 10.34% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 154.09% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 23.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.73% |
| Mar 31, 2026 | 19.98% |
| Dec 31, 2025 | 16.28% |
| Sep 30, 2025 | 20.76% |
| Jun 30, 2025 | 19.88% |
| Mar 31, 2025 | 19.63% |
| Dec 31, 2024 | 16.04% |
| Sep 30, 2024 | 19.26% |
| Jun 30, 2024 | 23.20% |
| Mar 31, 2024 | 19.90% |
| Dec 31, 2023 | 15.90% |
| Sep 30, 2023 | 20.15% |
| Jun 30, 2023 | 18.16% |
| Mar 31, 2023 | 15.17% |
| Dec 31, 2022 | 13.20% |
| Sep 30, 2022 | 18.14% |
| Jun 30, 2022 | 18.98% |
| Mar 31, 2022 | 23.11% |
| Dec 31, 2021 | 18.99% |
| Sep 30, 2021 | 22.42% |