American Express (AXP) EBT Margin (2009 - 2026)
American Express' (AXP) quarterly EBT Margin came in at 20.73% in Q2 2026, up 85.0% year-over-year from 11.21% in Q2 2025, and up 3.75% quarter-over-quarter from 19.98% in Q1 2026.
Analysis
American Express (AXP) EBT Margin (2009 - 2026) Analysis & Trends
American Express has disclosed EBT Margin across 18 years of filings, most recently posting 20.73% for Q2 2026.
- In Q2 2026, EBT Margin rose 85.0% year-over-year to 20.73%; the TTM figure through Jun 2026 stood at 19.44% (up 73.0% YoY), while the FY2025 annual figure was 19.1%, down 45.0% from the prior year.
- EBT Margin came in at 20.73% for Q2 2026 at American Express, up from 19.98% 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.
- Average EBT Margin over 5 years is 18.81%, with a median of 19.44% recorded in 2025.
- Year-over-year, EBT Margin plunged 991 bps in 2022 and soared 504 bps in 2024.
- Over 5 years, EBT Margin stood at 13.2% in 2022, then rose by 20 bps to 15.9% in 2023, then gained by 1 bps to 16.04% in 2024, then grew by 1 bps to 16.28% in 2025, then grew by 27 bps to 20.73% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 20.73% in Q2 2026, 19.98% in Q1 2026, and 16.28% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 36.65% |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 34.42% |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 41.80% |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 42.10% |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 35.57% |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 20.73% |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 16.00% |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | -18.89% |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 51.88% |
Historic Data
Download Data
Historic 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% |