KPIs & Operating Metrics(New)

American Express (AXP) Tax Rate (2016 - 2025)

American Express (AXP) has disclosed Tax Rate for 17 consecutive years, with 20.32% as the latest value for Q4 2025.

  • Quarterly Tax Rate fell 94.0% to 20.32% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 21.47% through Dec 2025, up 2.0% year-over-year, with the annual reading at 21.47% for FY2025, 2.0% up from the prior year.
  • Tax Rate hit 20.32% in Q4 2025 for American Express, down from 24.13% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.47% in Q3 2021 to a low of 15.98% in Q4 2022.
  • Historically, Tax Rate has averaged 21.79% across 5 years, with a median of 22.43% in 2025.
  • Biggest five-year swings in Tax Rate: plummeted -3623bps in 2021 and later skyrocketed 707bps in 2023.
  • Year by year, Tax Rate stood at 25.46% in 2021, then crashed by -37bps to 15.98% in 2022, then skyrocketed by 44bps to 23.05% in 2023, then fell by -8bps to 21.26% in 2024, then fell by -4bps to 20.32% in 2025.
  • Business Quant data shows Tax Rate for AXP at 20.32% in Q4 2025, 24.13% in Q3 2025, and 18.73% in Q2 2025.