American Express AXP
NYSE AXP
$323.70 +5.51 (+1.73%)
At close: Oct 29, 2026 · 4:00 PM EDT

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

Updated

American Express' EBT Margin came in at 22.58% for Q3 2026, up 1.83 percentage points from 20.76% a year earlier and up 1.85 percentage points from the prior quarter.

Analysis

American Express (AXP) EBT Margin (2009 - 2026) Analysis & Trends

Over the trailing twelve months to Sep 30, 2026, American Express reported EBT Margin of 19.94%, up 0.83 percentage points year-over-year; for FY2025, it came in at 19.10%, down 0.45 percentage points from FY2024.

  • EBT Margin carries a five-year change of +7.19 percentage points (FY2020 to FY2025).
  • Going back by year, EBT Margin was 19.55% in FY2024 (+2.18 pp), 17.37% in FY2023 (-0.76 pp), 18.13% in FY2022 (-7.09 pp) and 25.22% in FY2021 (+13.32 pp).
  • The Q3 2026 figure represents the highest quarterly EBT Margin since Q2 2024.
  • Year-over-year, EBT Margin has increased for five consecutive quarters, with an average year-over-year change of +0.16 percentage points over the last eight quarters.
  • The fastest year-over-year change in EBT Margin over five years came in Q2 2024 (a gain of 5.04 percentage points), and the weakest in Q1 2022 (a drop of 9.91 percentage points).
  • Business Quant data shows AXP's EBT Margin at 20.73% (Q2 2026), 19.98% (Q1 2026) and 16.28% (Q4 2025) in the three quarters before Q3 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Jpmorgan Chase 903.97 Bn 903.97 Bn - -
2 Bank Of America 356.92 Bn -2,019.15 Bn - 36.65%
3 Hsbc Holdings 296.96 Bn -1,806.64 Bn - 51.73%
4 Morgan Stanley 285.10 Bn 285.10 Bn - -
5 Royal Bank Of Canada 284.66 Bn -545.38 Bn - 41.80%
6 Goldman Sachs 266.61 Bn 266.61 Bn - -
7 Wells Fargo & Company 250.94 Bn 250.94 Bn - 32.46%
8 Mitsubishi Ufj Financial 245.01 Bn -96.38 Bn 10.89 Bn 70.61%
9 Toronto Dominion Bank 214.22 Bn -461.66 Bn - -62.81%
10 American Express 214.16 Bn 13.64 Bn - 22.58%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 22.58%
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%
API Access

American Express EBT 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=ebt-margin&ticker=AXP&period=max&api_key=YOUR_API_KEY