KPIs & Operating Metrics(New)

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

American Express' Tax Rate history spans 17 years, with the latest figure at 24.13% for Q3 2025.

  • For Q3 2025, Tax Rate rose 238.0% year-over-year to 24.13%; the TTM value through Sep 2025 reached 22.52%, up 71.0%, while the annual FY2023 figure was 20.35%, 126.0% down from the prior year.
  • Tax Rate for Q3 2025 was 24.13% at American Express, up from 18.73% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.47% in Q3 2021 and bottomed at 15.98% in Q4 2022.
  • The 5-year median for Tax Rate is 22.48% (2021), against an average of 21.9%.
  • The largest annual shift saw Tax Rate crashed -3623bps in 2021 before it soared 707bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 25.46% in 2021, then tumbled by -37bps to 15.98% in 2022, then soared by 44bps to 23.05% in 2023, then dropped by -6bps to 21.75% in 2024, then grew by 11bps to 24.13% in 2025.
  • Per Business Quant, the three most recent readings for AXP's Tax Rate are 24.13% (Q3 2025), 18.73% (Q2 2025), and 22.4% (Q1 2025).