American Express (AXP) Service Charges (2009 - 2024)
American Express (AXP) posted Service Charges of $412.0 million for Q4 2024, up 11.35% sequentially from $370.0 million in Q3 2024, and up 1.98% YoY from $404.0 million in Q1 2024.
American Express (AXP) Service Charges (2009 - 2024) Analysis & Trends
American Express (AXP) has 12 years of Service Charges data on file, last reported at $412.0 million in Q4 2024.
- Quarterly Service Charges rose 1.98% year-over-year to $412.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $1.6 billion (up 5.99% YoY) and the FY2024 annual result came in at $1.6 billion, up 5.99% from the prior year.
- Service Charges grew to $412.0 million in Q4 2024 per AXP's latest filing, from $370.0 million in the prior quarter.
- The five-year high for Service Charges was $442.0 million in Q1 2024, with the low at $334.0 million in Q2 2021.
- Average Service Charges over 4 years is $372.2 million, with a median of $370.5 million recorded in 2021.
- The widest YoY moves for Service Charges: up 20.77% in 2024, down 1.33% in 2024.
- American Express' Service Charges stood at $371.0 million in 2021, then advanced by 0.27% to $372.0 million in 2022, then advanced by 8.6% to $404.0 million in 2023, then advanced by 1.98% to $412.0 million in 2024.
- Business Quant data shows AXP's Service Charges at $412.0 million in Q4 2024, $370.0 million in Q3 2024, and $385.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - |
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 |