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

American Express' (AXP) quarterly EBT Margin came in at 19.98% in Q1 2026, up 36.0% year-on-year from 14.69% in Q1 2025, and up 22.74% quarter-over-quarter from 16.28% in Q4 2025.

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

American Express has disclosed EBT Margin across 18 years of filings, most recently posting 19.98% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 19.98%, up 36.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.2% (down 29.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for EBT Margin is 19.26% (2024), against an average of 18.69%.
  • Across the five-year window, EBT Margin sank 991 bps in 2022 and surged 504 bps in 2024, its largest moves.
  • American Express' 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 advanced by 23 bps to 19.98% in 2026.
  • The last three EBT Margin figures came in at 19.98% (Q1 2026), 16.28% (Q4 2025), and 20.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Visa 548.22 Bn 535.81 Bn - 63.88%
2 Mastercard 437.48 Bn 427.27 Bn - 57.30%
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 19.98%
4 Capital One Financial 125.74 Bn 49.24 Bn - 17.72%
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn 16.68%
6 Synchrony Financial 25.78 Bn 5.22 Bn - 21.96%
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn 32.10%
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn 18.14%
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn 19.03%
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 Mn 27.07%

Historic Data

Download Data
DateValue
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%