American Express (AXP) EBT Margin (2009 - 2026)
American Express (AXP) posted EBT Margin of 19.98% for Q1 2026, up 22.74% sequentially from 16.28% in Q4 2025, and up 36.0% YoY from 14.69% in Q1 2025.
American Express (AXP) EBT Margin (2009 - 2026) Analysis & Trends
American Express (AXP) has 18 years of EBT Margin data on file, last reported at 19.98% in Q1 2026.
- Quarterly EBT Margin rose 36.0% year-over-year to 19.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.2% (down 29.0% YoY) and the FY2025 annual result came in at 19.1%, down 45.0% from the prior year.
- EBT Margin improved to 19.98% in Q1 2026 per AXP's latest filing, from 16.28% in the prior quarter.
- The five-year high for EBT Margin was 23.2% in Q2 2024, with the low at 13.2% in Q4 2022.
- Average EBT Margin over 5 years is 18.69%, with a median of 19.26% recorded in 2024.
- Year-over-year, EBT Margin tumbled 991 bps in 2022 and soared 504 bps in 2024.
- American Express' EBT Margin stood at 13.2% in 2022, then climbed by 20 bps to 15.9% in 2023, then grew by 1 bps to 16.04% in 2024, then gained by 1 bps to 16.28% in 2025, then increased by 23 bps to 19.98% in 2026.
- Business Quant data shows AXP's EBT Margin at 19.98% in Q1 2026, 16.28% in Q4 2025, and 20.76% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 63.88% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 57.30% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 19.98% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 16.68% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 32.10% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 18.14% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 19.03% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 27.07% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 16.65% |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 48.70% |
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% |