American Express (AXP) Invested Capital (2010 - 2026)
American Express' (AXP) quarterly Invested Capital came in at $95.4 billion in Q2 2026, up 1.99% year-over-year from $93.5 billion in Q2 2025, and down 0.8% quarter-over-quarter from $96.1 billion in Q1 2026.
Analysis
American Express (AXP) Invested Capital (2010 - 2026) Analysis & Trends
American Express has disclosed Invested Capital across 17 years of filings, most recently posting $95.4 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 1.99% year-over-year to $95.4 billion; the TTM figure through Jun 2026 stood at $95.4 billion (up 1.99% YoY), while the FY2025 annual figure was $92.6 billion, up 11.94% from the prior year.
- Invested Capital came in at $95.4 billion for Q2 2026 at American Express, down from $96.1 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $96.1 billion in Q1 2026 to a low of $65.0 billion in Q1 2022.
- Average Invested Capital over 5 years is $81.4 billion, with a median of $81.9 billion recorded in 2024.
- Year-over-year, Invested Capital declined 6.69% in 2022 and grew 14.87% in 2024.
- Over 5 years, Invested Capital stood at $70.0 billion in 2022, then grew by 12.19% to $78.5 billion in 2023, then grew by 5.37% to $82.7 billion in 2024, then rose by 11.94% to $92.6 billion in 2025, then advanced by 2.98% to $95.4 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $95.4 billion in Q2 2026, $96.1 billion in Q1 2026, and $92.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 707.90 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 240.38 Bn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 230.26 Bn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 616.25 Bn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | 237.43 Bn |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 414.80 Bn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 95.36 Bn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 2,472.89 Bn |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 312.70 Bn |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 86.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.36 Bn |
| Mar 31, 2026 | 96.13 Bn |
| Dec 31, 2025 | 92.60 Bn |
| Sep 30, 2025 | 93.10 Bn |
| Jun 30, 2025 | 93.50 Bn |
| Mar 31, 2025 | 85.56 Bn |
| Dec 31, 2024 | 82.73 Bn |
| Sep 30, 2024 | 86.17 Bn |
| Jun 30, 2024 | 84.34 Bn |
| Mar 31, 2024 | 81.07 Bn |
| Dec 31, 2023 | 78.51 Bn |
| Sep 30, 2023 | 77.00 Bn |
| Jun 30, 2023 | 76.59 Bn |
| Mar 31, 2023 | 70.58 Bn |
| Dec 31, 2022 | 69.98 Bn |
| Sep 30, 2022 | 69.36 Bn |
| Jun 30, 2022 | 67.70 Bn |
| Mar 31, 2022 | 64.96 Bn |
| Dec 31, 2021 | 65.34 Bn |
| Sep 30, 2021 | 63.42 Bn |