American Express (AXP) Invested Capital (2009 - 2026)

American Express has disclosed Invested Capital across 18 years of filings, most recently posting $92.7 billion for Q1 2026.

• Invested Capital for Q1 2026 came in at $92.7 billion, up 12.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $92.7 billion (up 12.5% YoY), and the FY2025 annual result was $89.9 billion, up 12.36% from the prior year.
• Invested Capital came in at $92.7 billion for Q1 2026 at American Express, up from $89.9 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $92.7 billion in Q1 2026 to a low of $60.7 billion in Q1 2022.
• The 5-year median for Invested Capital is $77.6 billion (2024), against an average of $77.4 billion.
• Across the five-year window, Invested Capital retreated 8.65% in 2022 and gained 15.58% in 2024, its largest moves.
• American Express' Invested Capital stood at $67.3 billion in 2022, then increased by 12.84% to $75.9 billion in 2023, then advanced by 5.34% to $80.0 billion in 2024, then increased by 12.36% to $89.9 billion in 2025, then grew by 3.21% to $92.7 billion in 2026.
• The last three Invested Capital figures came in at $92.7 billion (Q1 2026), $89.9 billion (Q4 2025), and $90.2 billion (Q3 2025), per Business Quant data.