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

American Express (AXP) posted Tax Rate of 21.36% for Q1 2026, up 5.1% sequentially from 20.32% in Q4 2025, and down 104.0% YoY from 534.01% in Q1 2025.

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

American Express (AXP) has 18 years of Tax Rate data on file, last reported at 21.36% in Q1 2026.

  • Quarterly Tax Rate fell 104.0% year-over-year to 21.36% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.22% (down 21.0% YoY) and the FY2025 annual result came in at 21.47%, up 2.0% from the prior year.
  • Tax Rate improved to 21.36% in Q1 2026 per AXP's latest filing, from 20.32% in the prior quarter.
  • The five-year high for Tax Rate was 24.13% in Q3 2025, with the low at 15.98% in Q4 2022.
  • Average Tax Rate over 5 years is 21.09%, with a median of 21.36% recorded in 2026.
  • Year-over-year, Tax Rate plunged 947 bps in 2022 and soared 707 bps in 2023.
  • American Express' Tax Rate stood at 15.98% in 2022, then surged by 44 bps to 23.05% in 2023, then dropped by 8 bps to 21.26% in 2024, then dropped by 4 bps to 20.32% in 2025, then climbed by 5 bps to 21.36% in 2026.
  • Business Quant data shows AXP's Tax Rate at 21.36% in Q1 2026, 20.32% in Q4 2025, and 24.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 16.07%
2 Mastercard 465.55 Bn 455.34 Bn - 19.33%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 21.36%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 20.10%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 4.19%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 16.45%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 20.25%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 22.29%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -17.46%
10 Sezzle 5.91 Bn 5.79 Bn - 22.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.36%
Mar 31, 2026 21.36%
Dec 31, 2025 20.32%
Dec 31, 2025 20.32%
Sep 30, 2025 24.13%
Sep 30, 2025 24.13%
Jun 30, 2025 18.73%
Jun 30, 2025 18.73%
Mar 31, 2025 22.40%
Mar 31, 2025 22.40%
Dec 31, 2024 21.26%
Dec 31, 2024 21.26%
Sep 30, 2024 21.75%
Sep 30, 2024 21.75%
Jun 30, 2024 20.45%
Jun 30, 2024 20.45%
Mar 31, 2024 22.51%
Mar 31, 2024 22.51%
Dec 31, 2023 23.05%
Dec 31, 2023 23.05%