American Express (AXP) Service Charges (2009 - 2024)
American Express' (AXP) quarterly Service Charges came in at $412.0 million in Q4 2024, up 1.98% year-on-year from $404.0 million in Q1 2024, and up 11.35% quarter-over-quarter from $370.0 million in Q3 2024.
American Express (AXP) Service Charges (2009 - 2024) Analysis & Trends
American Express has disclosed Service Charges across 12 years of filings, most recently posting $412.0 million for Q4 2024.
- Service Charges for Q4 2024 came in at $412.0 million, up 1.98% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.6 billion (up 5.99% YoY), and the FY2024 annual result was $1.6 billion, up 5.99% from the prior year.
- Service Charges came in at $412.0 million for Q4 2024 at American Express, up from $370.0 million in the prior quarter.
- In the past five years, Service Charges ranged from a high of $442.0 million in Q1 2024 to a low of $334.0 million in Q2 2021.
- The 4-year median for Service Charges is $370.5 million (2021), against an average of $372.2 million.
- Peak annual rise in Service Charges reached 20.77% in 2024, while the deepest fall reached 1.33% in 2024.
- American Express' Service Charges stood at $371.0 million in 2021, then increased by 0.27% to $372.0 million in 2022, then increased by 8.6% to $404.0 million in 2023, then increased by 1.98% to $412.0 million in 2024.
- The last three Service Charges figures came in at $412.0 million (Q4 2024), $370.0 million (Q3 2024), and $385.0 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 412.00 Mn |
| Sep 30, 2024 | 370.00 Mn |
| Jun 30, 2024 | 385.00 Mn |
| Mar 31, 2024 | 442.00 Mn |
| Dec 31, 2023 | 404.00 Mn |
| Sep 30, 2023 | 375.00 Mn |
| Jun 30, 2023 | 373.00 Mn |
| Mar 31, 2023 | 366.00 Mn |
| Dec 31, 2022 | 372.00 Mn |
| Sep 30, 2022 | 353.00 Mn |
| Jun 30, 2022 | 370.00 Mn |
| Mar 31, 2022 | 349.00 Mn |
| Dec 31, 2021 | 371.00 Mn |
| Sep 30, 2021 | 340.00 Mn |
| Jun 30, 2021 | 334.00 Mn |
| Mar 31, 2021 | 340.00 Mn |
| Sep 30, 2019 | 102.00 Mn |
| Jun 30, 2019 | 102.00 Mn |
| Mar 31, 2019 | 100.00 Mn |
| Sep 30, 2018 | 103.00 Mn |