American Express (AXP) Interest Coverage Ratio (2009 - 2026)
American Express (AXP) posted Interest Coverage Ratio of 1.79 for Q2 2026, little changed sequentially from 1.8 in Q1 2026, and up 9.35% YoY from 1.64 in Q2 2025.
Powered by 
Analysis
American Express (AXP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
American Express has reported Interest Coverage Ratio for 18 years, with the latest figure at 1.79 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 9.35% year-over-year to 1.79 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.66 (up 14.36% YoY) and the FY2025 annual result came in at 1.55, up 6.54% from the prior year.
- Interest Coverage Ratio held at 1.79 in Q2 2026 per AXP's latest filing, from 1.8 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 4.53 in Q1 2022 and troughed at 1.19 in Q4 2024.
- A 5-year average of 1.83 and a median of 1.58 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio rose 21.18% in 2022, then tumbled 71.04% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 1.35 in 2022, then gained by 3.82% to 1.4 in 2023, then retreated by 14.54% to 1.19 in 2024, then advanced by 17.61% to 1.4 in 2025, then gained by 27.51% to 1.79 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.79, 1.8, and 1.4 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 35.45 |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 25.63 |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.79 |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 1.95 |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 1.24 |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 2.22 |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 0.05 |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 0.50 |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 3.56 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.79 |
| Mar 31, 2026 | 1.80 |
| Dec 31, 2025 | 1.40 |
| Sep 30, 2025 | 1.65 |
| Jun 30, 2025 | 1.64 |
| Mar 31, 2025 | 1.52 |
| Dec 31, 2024 | 1.19 |
| Sep 30, 2024 | 1.44 |
| Jun 30, 2024 | 1.73 |
| Mar 31, 2024 | 1.46 |
| Dec 31, 2023 | 1.40 |
| Sep 30, 2023 | 1.72 |
| Jun 30, 2023 | 1.51 |
| Mar 31, 2023 | 1.31 |
| Dec 31, 2022 | 1.35 |
| Sep 30, 2022 | 2.23 |
| Jun 30, 2022 | 3.31 |
| Mar 31, 2022 | 4.53 |
| Dec 31, 2021 | 2.65 |
| Sep 30, 2021 | 2.76 |