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

American Express' Tax Rate history runs 18 years deep, the most recent figure standing at 21.36% for Q1 2026.

• In Q1 2026, Tax Rate fell 104.0% year-over-year to 21.36%; the TTM figure through Mar 2026 stood at 21.22% (down 21.0% YoY), while the FY2025 annual figure was 21.47%, up 2.0% from the prior year.
• Tax Rate came in at 21.36% for Q1 2026 at American Express, up from 20.32% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 24.13% in Q3 2025 to a low of 15.98% in Q4 2022.
• A 5-year average of 21.09% and a median of 21.36% in 2026 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate sank 947 bps in 2022 and soared 707 bps in 2023, its largest moves.
• American Express' Tax Rate stood at 15.98% in 2022, then soared by 44 bps to 23.05% in 2023, then decreased by 8 bps to 21.26% in 2024, then decreased by 4 bps to 20.32% in 2025, then gained by 5 bps to 21.36% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 21.36%, 20.32%, and 24.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.