KPIs & Operating Metrics(New)

American Express (AXP) Tax Rate: 2009-2024

Historic Tax Rate for American Express (AXP) over the last 16 years, with Dec 2024 value amounting to 21.45%.

  • American Express' Tax Rate rose 238.00% to 24.13% in Q3 2025 from the same period last year, while for Sep 2025 it was 21.69%, marking a year-over-year decrease of 12.00%. This contributed to the annual value of 21.45% for FY2024, which is 110.00% up from last year.
  • Latest data reveals that American Express reported Tax Rate of 21.45% as of FY2024, which was up 5.43% from 20.35% recorded in FY2023.
  • Over the past 5 years, American Express' Tax Rate peaked at 27.03% during FY2020, and registered a low of 20.35% during FY2023.
  • Its 3-year average for Tax Rate is 21.13%, with a median of 21.45% in 2024.
  • As far as peak fluctuations go, American Express' Tax Rate spiked by 721bps in 2020, and later tumbled by 299bps in 2022.
  • American Express' Tax Rate (Yearly) stood at 27.03% in 2020, then crashed by 243bps to 24.60% in 2021, then crashed by 299bps to 21.61% in 2022, then plummeted by 126bps to 20.35% in 2023, then spiked by 110bps to 21.45% in 2024.