American Express AXP
NYSE AXP
$308.17 +0.19 (+0.06%)
At close: Oct 9, 2026 · 4:00 PM EDT

American Express (AXP) Tax Provisions (2009 - 2026)

Updated

American Express (AXP) reported Tax Provisions of $961 million for Q2 2026, up 44.5% from $665 million a year earlier and up 19.1% from the prior quarter.

Analysis

American Express (AXP) Tax Provisions (2009 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, American Express' Tax Provisions came in at $3.32 billion, up 23.2% year-over-year; for FY2025, it came in at $2.96 billion, up 7.1% from FY2024.

  • Tax Provisions has increased for three consecutive years, with a five-year compound annual growth rate of 20.6% (FY2020 to FY2025).
  • By year, Tax Provisions came in at $2.77 billion in FY2024 (+29.3%), $2.14 billion in FY2023 (+3.3%), $2.07 billion in FY2022 (-21.2%) and $2.63 billion in FY2021 (+126.4%).
  • The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q4 2017.
  • Year over year, Tax Provisions has now increased in each of the last four quarters, with growth averaging 11.5% over the last eight quarters.
  • The high point for year-over-year Tax Provisions in five years was Q3 2021 (growth of 114.4%); the low point was Q4 2022 (a decline of 49.1%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at $807 million (Q1 2026), $628 million (Q4 2025) and $923 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Jpmorgan Chase 885.23 Bn 914.70 Bn - 6.36 Bn
2 Banco Santander Chile 404.41 Bn 524.35 Bn - -51.13 Bn
3 Bank Of America 381.15 Bn -1,994.92 Bn - 2.49 Bn
4 Hsbc Holdings 319.39 Bn 319.44 Bn - -
5 Morgan Stanley 298.67 Bn -210.43 Bn - 1.70 Bn
6 Royal Bank Of Canada 268.75 Bn -557.52 Bn - 1.24 Bn
7 Mitsubishi Ufj Financial 265.72 Bn -107.91 Bn 10.89 Bn 1.70 Bn
8 Goldman Sachs 261.04 Bn -3,296.07 Bn - 1.94 Bn
9 Wells Fargo & Company 253.09 Bn 255.22 Bn - 1.40 Bn
10 American Express 208.01 Bn -160.24 Mn - 961.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 961.00 Mn
Mar 31, 2026 807.00 Mn
Dec 31, 2025 628.00 Mn
Sep 30, 2025 923.00 Mn
Jun 30, 2025 665.00 Mn
Mar 31, 2025 746.00 Mn
Dec 31, 2024 586.00 Mn
Sep 30, 2024 697.00 Mn
Jun 30, 2024 775.00 Mn
Mar 31, 2024 708.00 Mn
Dec 31, 2023 579.00 Mn
Sep 30, 2023 649.00 Mn
Jun 30, 2023 560.00 Mn
Mar 31, 2023 351.00 Mn
Dec 31, 2022 299.00 Mn
Sep 30, 2022 580.00 Mn
Jun 30, 2022 579.00 Mn
Mar 31, 2022 613.00 Mn
Dec 31, 2021 587.00 Mn
Sep 30, 2021 624.00 Mn
API Access

American Express Tax Provisions API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-provisions&ticker=AXP&period=max&api_key=YOUR_API_KEY