KPIs & Operating Metrics(New)

American Express (AXP) Net Margin (2016 - 2026)

American Express' Net Margin history spans 16 years, with the latest figure at 15.71% for Q1 2026.

  • On a quarterly basis, Net Margin rose 48.0% to 15.71% in Q1 2026 year-over-year; TTM through Mar 2026 was 15.13%, a 18.0% decrease, with the full-year FY2025 number at 15.0%, down 36.0% from a year prior.
  • Net Margin hit 15.71% in Q1 2026 for American Express, up from 12.97% in the prior quarter.
  • Over the last five years, Net Margin for AXP hit a ceiling of 18.46% in Q2 2024 and a floor of 11.09% in Q4 2022.
  • Historically, Net Margin has averaged 14.72% across 5 years, with a median of 15.07% in 2024.
  • Biggest five-year swings in Net Margin: crashed -760bps in 2022 and later soared 402bps in 2024.
  • Tracing AXP's Net Margin over 5 years: stood at 11.09% in 2022, then rose by 10bps to 12.23% in 2023, then rose by 3bps to 12.63% in 2024, then increased by 3bps to 12.97% in 2025, then rose by 21bps to 15.71% in 2026.
  • Business Quant data shows Net Margin for AXP at 15.71% in Q1 2026, 12.97% in Q4 2025, and 15.75% in Q3 2025.