American Express (AXP) Profit Margin

Price: $270.1801
Market Cap: $190.33B
Avg Volume: 2.75M
Country: US
Industry: Financial - Credit Services
Sector: Financial Services
Beta: 1.213
52W Range: $141.03-286.36
Website: American Express
Profit Margin Summary (Annual)

According to American Express's latest annual financial reports, the company has an operating profit margin of 17.42%. This metric indicates the percentage of revenue that remains after deducting operating expenses, excluding interest and taxes.

The company's gross profit margin stands at 57.17%, reflecting the percentage of revenue that exceeds the cost of goods sold (COGS).

The pretax profit margin is 17.42%, indicating the percentage of revenue that remains after deducting all expenses except taxes.

Lastly, the net profit margin is 13.87%, which shows the percentage of revenue that remains as profit after all expenses, including taxes, have been deducted.

The trailing twelve months (TTM) operating profit margin is 23.13%, providing a more up-to-date view of the company's financial health.

Operating Margin

17.42%

Gross Margin

57.17%

Pretax Margin

17.42%

Net Margin

13.87%

Historical Operating Profit Margin
Historical Gross Profit Margin
Historical Pretax Profit Margin
Historical Net Profit Margin
American Express Historical Profit Margins
American Express Profit Margin History

The table below shows the margins for each year, with the latest data available for the last fiscal year 2023.

Year Operating Margin Gross Margin Pretax Margin Net Margin
2023 17.42% 57.17% 17.42% 13.87%
2022 23.36% 61.95% 18.13% 14.21%
2021 25.22% 64.24% 25.22% 19.02%
2020 11.90% 67.42% 11.90% 8.69%
2019 19.35% 64.62% 19.35% 15.52%
2018 27.43% 65.19% 20.13% 17.16%
2017 28.46% 63.61% 22.15% 8.17%
2016 30.51% 70.05% 25.21% 16.84%
2015 29.13% 100.00% 24.19% 15.73%
2014 31.20% 100.00% 26.22% 17.16%
2013 29.86% 100.00% 23.92% 16.25%
2012 27.47% 100.00% 20.43% 14.19%
2011 31.08% 100.00% 23.22% 16.47%
2010 30.15% 100.00% 21.44% 14.58%
2009 20.56% 100.00% 11.59% 8.69%
2008 24.55% 100.00% 12.62% 9.52%
2007 0.00% 100.00% 20.07% 14.47%
2006 0.00% 100.00% 20.57% 14.31%
2005 0.00% 100.00% 18.20% 15.99%
2004 20.34% 100.00% 17.53% 12.20%
2003 20.59% 100.00% 17.01% 11.97%
2002 21.16% 100.00% 16.40% 11.75%
2001 14.69% 100.00% 7.57% 6.22%
2000 23.57% 100.00% 17.51% 12.59%
1999 22.19% 100.00% 17.00% 12.24%
1998 21.64% 100.00% 16.13% 11.81%
1997 21.82% 100.00% 16.33% 11.83%
1996 25.00% 100.00% 17.62% 12.57%
1995 23.46% 100.00% 14.95% 10.71%
1994 22.12% 100.00% 14.25% 10.65%
1993 32.14% 100.00% 18.77% 11.93%
1992 43.75% 100.00% 4.01% 2.39%
1991 51.46% 100.00% 4.33% 4.51%
1990 57.20% 100.00% 4.58% 1.14%
1989 75.20% 100.00% 10.07% 7.63%
1988 0.00% 0.00% 0.00% 0.00%
1987 0.00% 0.00% 0.00% 0.00%
1986 0.00% 0.00% 0.00% 0.00%
1985 0.00% 0.00% 0.00% 0.00%