American Express (AXP) EBT Margin (2009 - 2026)
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.
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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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();