KPIs & Operating Metrics(New)

American Express (AXP) Tax Rate (2016 - 2026)

American Express' Tax Rate history spans 18 years, with the latest figure at 21.36% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 104.0% to 21.36% in Q1 2026 year-over-year; TTM through Mar 2026 was 21.22%, a 21.0% decrease, with the full-year FY2025 number at 21.47%, up 2.0% from a year prior.
  • Tax Rate hit 21.36% in Q1 2026 for American Express, up from 20.32% in the prior quarter.
  • Over the last five years, Tax Rate for AXP hit a ceiling of 24.13% in Q3 2025 and a floor of 15.98% in Q4 2022.
  • Historically, Tax Rate has averaged 21.09% across 5 years, with a median of 21.36% in 2026.
  • Biggest five-year swings in Tax Rate: plummeted -947bps in 2022 and later skyrocketed 707bps in 2023.
  • Tracing AXP's Tax Rate over 5 years: stood at 15.98% in 2022, then soared by 44bps to 23.05% in 2023, then decreased by -8bps to 21.26% in 2024, then decreased by -4bps to 20.32% in 2025, then grew by 5bps to 21.36% in 2026.
  • Business Quant data shows Tax Rate for AXP at 21.36% in Q1 2026, 20.32% in Q4 2025, and 24.13% in Q3 2025.