KPIs & Operating Metrics(New)

American Express (AXP) Return on Invested Capital (2016 - 2025)

American Express' Return on Invested Capital history spans 17 years, with the latest figure at 0.1% for Q3 2025.

  • For Q3 2025, Return on Invested Capital fell 7.0% year-over-year to 0.1%; the TTM value through Sep 2025 reached 0.1%, down 7.0%, while the annual FY2023 figure was 0.11%, 4.0% up from the prior year.
  • Return on Invested Capital for Q3 2025 was 0.1% at American Express, down from 0.15% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.31% in Q2 2024 and bottomed at 0.06% in Q3 2022.
  • The 5-year median for Return on Invested Capital is 0.1% (2023), against an average of 0.12%.
  • The largest annual shift saw Return on Invested Capital grew 22bps in 2024 before it dropped -16bps in 2025.
  • A 5-year view of Return on Invested Capital shows it stood at 0.07% in 2021, then rose by 8bps to 0.07% in 2022, then skyrocketed by 47bps to 0.11% in 2023, then soared by 55bps to 0.17% in 2024, then plummeted by -39bps to 0.1% in 2025.
  • Per Business Quant, the three most recent readings for AXP's Return on Invested Capital are 0.1% (Q3 2025), 0.15% (Q2 2025), and 0.15% (Q1 2025).