American Express (AXP) EBT Margin (2009 - 2026)
American Express recorded quarterly EBT Margin of 19.98% in Q1 2026, up 22.74% quarter-over-quarter from 16.28% in Q4 2025, and up 36.0% year-over-year from 14.69% in Q1 2025.
American Express (AXP) EBT Margin (2009 - 2026) Analysis & Trends
American Express' EBT Margin history runs 18 years deep, the most recent figure standing at 19.98% for Q1 2026.
- In Q1 2026, EBT Margin rose 36.0% year-over-year to 19.98%; the TTM figure through Mar 2026 stood at 19.2% (down 29.0% YoY), while the FY2025 annual figure was 19.1%, down 45.0% from the prior year.
- EBT Margin came in at 19.98% for Q1 2026 at American Express, up from 16.28% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 23.2% in Q2 2024 to a low of 13.2% in Q4 2022.
- A 5-year average of 18.69% and a median of 19.26% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin plunged 991 bps in 2022 and soared 504 bps in 2024, its largest moves.
- American Express' EBT Margin stood at 13.2% in 2022, then gained by 20 bps to 15.9% in 2023, then advanced by 1 bps to 16.04% in 2024, then increased by 1 bps to 16.28% in 2025, then climbed by 23 bps to 19.98% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 19.98%, 16.28%, and 20.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 539.53 Bn | 527.13 Bn | - | 63.88% |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | 57.30% |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 19.98% |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 17.72% |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | 16.68% |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | 32.10% |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 21.96% |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 18.14% |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | 19.03% |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn | 27.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 28.70% |