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

American Express has reported Tax Rate for 18 years, with the latest figure at 23.61% in Q2 2026.

• Quarterly Tax Rate rose 487.0% year-over-year to 23.61% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 22.48% (up 150.0% YoY) and the FY2025 annual result came in at 21.47%, up 2.0% from the prior year.
• Tax Rate grew to 23.61% in Q2 2026 per AXP's latest filing, from 21.36% in the prior quarter.
• Over five years, Tax Rate peaked at 24.13% in Q3 2025 and troughed at 15.98% in Q4 2022.
• A 5-year average of 21.23% and a median of 21.56% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 947 bps in 2022, then jumped 707 bps in 2023.
• Over 5 years, Tax Rate stood at 15.98% in 2022, then jumped by 44 bps to 23.05% in 2023, then slipped by 8 bps to 21.26% in 2024, then slipped by 4 bps to 20.32% in 2025, then increased by 16 bps to 23.61% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 23.61%, 21.36%, and 20.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.