American Express (AXP) Net Margin (2009 - 2026)

American Express has disclosed Net Margin across 18 years of filings, most recently posting 15.84% for Q2 2026.

• In Q2 2026, Net Margin fell 32.0% year-over-year to 15.84%; the TTM figure through Jun 2026 stood at 15.07% (up 29.0% YoY), while the FY2025 annual figure was 15.0%, down 36.0% from the prior year.
• Net Margin came in at 15.84% for Q2 2026 at American Express, up from 15.71% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 18.46% in Q2 2024 to a low of 11.09% in Q4 2022.
• Average Net Margin over 5 years is 14.78%, with a median of 15.15% recorded in 2024.
• Year-over-year, Net Margin plunged 760 bps in 2022 and surged 402 bps in 2024.
• Over 5 years, Net Margin stood at 11.09% in 2022, then increased by 10 bps to 12.23% in 2023, then increased by 3 bps to 12.63% in 2024, then grew by 3 bps to 12.97% in 2025, then rose by 22 bps to 15.84% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 15.84% in Q2 2026, 15.71% in Q1 2026, and 12.97% in Q4 2025.