American Express (AXP) Interest Coverage Ratio (2009 - 2026)
American Express' (AXP) quarterly Interest Coverage Ratio came in at 1.79 in Q2 2026, up 9.35% year-over-year from 1.64 in Q2 2025, and little changed quarter-over-quarter from 1.8 in Q1 2026.
Analysis
American Express (AXP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
American Express has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 1.79 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 9.35% year-over-year to 1.79; the TTM figure through Jun 2026 stood at 1.66 (up 14.36% YoY), while the FY2025 annual figure was 1.55, up 6.54% from the prior year.
- Interest Coverage Ratio came in at 1.79 for Q2 2026 at American Express, roughly flat from 1.8 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 4.53 in Q1 2022 to a low of 1.19 in Q4 2024.
- Average Interest Coverage Ratio over 5 years is 1.83, with a median of 1.58 recorded in 2025.
- Year-over-year, Interest Coverage Ratio increased 21.18% in 2022 and slumped 71.04% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 1.35 in 2022, then increased by 3.82% to 1.4 in 2023, then declined by 14.54% to 1.19 in 2024, then rose by 17.61% to 1.4 in 2025, then increased by 27.51% to 1.79 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.79 in Q2 2026, 1.8 in Q1 2026, and 1.4 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 0.66 |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 1.56 |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 1.43 |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 1.47 |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 3.44 |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 1.73 |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 1.79 |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 0.30 |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 0.25 |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 5.65 |
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 |