American Express (AXP) Invested Capital (2009 - 2026)
American Express (AXP) posted Invested Capital of $2.0 billion for Q2 2026, up 20.09% sequentially from $1.7 billion in Q1 2026, and up 36.1% YoY from $1.5 billion in Q2 2025.
American Express (AXP) Invested Capital (2009 - 2026) Analysis & Trends
American Express has reported Invested Capital for 18 years, with the latest figure at $2.0 billion in Q2 2026.
- Quarterly Invested Capital rose 36.1% year-over-year to $2.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.5 billion (up 11.18% YoY) and the FY2025 annual result came in at $1.4 billion, changed 0.22% from the prior year.
- Invested Capital grew to $2.0 billion in Q2 2026 per AXP's latest filing, from $1.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $2.1 billion in Q1 2022 and troughed at $1.3 billion in Q4 2023.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2026: Invested Capital sank 39.9% in 2022, then jumped 36.1% in 2026.
- Over 5 years, Invested Capital stood at $1.3 billion in 2022, then slipped by 4.08% to $1.3 billion in 2023, then advanced by 6.26% to $1.4 billion in 2024, then declined by 0.22% to $1.4 billion in 2025, then jumped by 48.21% to $2.0 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $2.0 billion, $1.7 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 3.00 Bn |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 2.46 Bn |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 2.03 Bn |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | - |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 2.51 Bn |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | 4.86 Mn |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | - |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 1.81 Bn |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 5.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.03 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.56 Bn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 1.46 Bn |
| Jun 30, 2024 | 1.64 Bn |
| Mar 31, 2024 | 1.74 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.61 Bn |
| Jun 30, 2023 | 1.58 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.35 Bn |
| Sep 30, 2022 | 1.52 Bn |
| Jun 30, 2022 | 1.98 Bn |
| Mar 31, 2022 | 2.12 Bn |
| Dec 31, 2021 | 2.24 Bn |
| Sep 30, 2021 | 2.25 Bn |