American Express (AXP) Debt/Equity Ratio: History & Chart

American Express Company(AXP)

Financial - Credit Services · New York City, NY

$322.57-3.53 (-1.08%)

Delayed quote: Sep 9, 2026, 10:10 AM EDT

About American Express Company

Operating globally, American Express Company and its affiliated entities deliver a comprehensive suite of charge and credit payment card solutions, alongside a variety of travel-related offerings. Its business structure is organized into three primary divisions: the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Among its core offerings are diverse payment and financing instruments, robust network infrastructure services, tools for managing accounts payable expenses, and comprehensive travel and lifestyle support. Furthermore, it facilitates merchant services such as acquisition, transaction processing, settlement, and point-of-sale marketing, providing vital information and assistance to businesses. The company also specializes in fraud mitigation and developing and managing customer loyalty initiatives. These products and services are made available to a broad clientele, encompassing individual consumers, small and mid-sized enterprises, and large corporate entities. Distribution channels include digital platforms (mobile and online applications), collaborations with third-party vendors and partners, direct communication methods like mail and telephone, dedicated internal sales forces, and direct response advertising campaigns. Established in 1850, American Express Company maintains its corporate headquarters in New York, New York.

New York City, NY

76,800 employees

www.americanexpress.com

Financial Services / Financial - Credit Services

Sector: Financial Services
Industry: Financial - Credit Services
CEO: Stephen Joseph Squeri

View full financials

AXP Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.72

DEBT TO EQUITY RATIO AVG TTM

1.78

DEBT TO EQUITY RATIO AVG 3Y

1.77

DEBT TO EQUITY RATIO AVG 5Y

1.78

DEBT TO EQUITY RATIO AVG 10Y

2.14

DEBT TO EQUITY RATIO AVG 15Y

2.43

DEBT TO EQUITY RATIO AVG 20Y

3.11

CURRENT VS TTM AVG

-3.24%

CURRENT VS 3Y AVG

-2.68%

CURRENT VS 5Y AVG

-3.03%

CURRENT VS 10Y AVG

-19.56%

CURRENT VS 15Y AVG

-28.99%

CURRENT VS 20Y AVG

-44.68%

SECTOR MEDIAN · FINANCIAL SERVICES

0.65

median of 101 covered companies

CURRENT VS SECTOR MEDIAN

+165.01%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
American Express Company (AXP)	$217.83B	1.72	1.78	1.77	1.78
Citigroup Inc. (C)vs ›	$234.28B	3.84	3.10	2.93	2.76
The Toronto-Dominion Bank (TD)vs ›	$200.39B	2.35	5.47	5.13	4.87
The Charles Schwab Corporation (SCHW)vs ›	$185.97B	0.74	0.78	1.01	0.78
Vanguard FTSE Emerging Markets ETF (VWO)vs ›	$170.76B	N/A	N/A	N/A	N/A
BlackRock, Inc. (BLK)vs ›	$168.50B	0.26	0.29	0.26	0.25
Wells Fargo & Company (WFC)vs ›	$267.96B	2.55	1.96	1.69	1.55
Interactive Brokers Group, Inc. (IBKR)vs ›	$156.28B	7.69	1.90	2.53	3.36
Blackstone Inc. (BX)vs ›	$156.77B	1.56	1.52	1.65	1.41
The Goldman Sachs Group, Inc. (GS)vs ›	$301.79B	6.04	4.97	4.66	4.58

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

American Express Company (AXP)

$217.83B

1.72

1.78

1.77

1.78

Citigroup Inc. (C)vs ›

$234.28B

3.84

3.10

2.93

2.76

The Toronto-Dominion Bank (TD)vs ›

$200.39B

2.35

5.47

5.13

4.87

The Charles Schwab Corporation (SCHW)vs ›

$185.97B

0.74

0.78

1.01

0.78

Vanguard FTSE Emerging Markets ETF (VWO)vs ›

$170.76B

N/A

BlackRock, Inc. (BLK)vs ›

$168.50B

0.26

0.29

0.26

0.25

Wells Fargo & Company (WFC)vs ›

$267.96B

2.55

1.96

1.69

1.55

Interactive Brokers Group, Inc. (IBKR)vs ›

$156.28B

7.69

1.90

2.53

3.36

Blackstone Inc. (BX)vs ›

$156.77B

1.56

1.52

1.65

1.41

The Goldman Sachs Group, Inc. (GS)vs ›

$301.79B

6.04

4.97

4.66

4.58

Debt to Equity Ratio FAQ

What is the debt to equity ratio for American Express Company (AXP)?

The debt to equity ratio for AXP stock is 1.72.

Is American Express Company's debt to equity ratio high or low?

The debt to equity ratio of 1.72 is in line with its 5-year average of 1.78, around the middle of its 5-year range (1.50–1.85).

What is the TTM average debt to equity ratio for American Express Company (AXP)?

The TTM average debt to equity ratio for AXP stock is 1.78.

What is the 3Y average debt to equity ratio for American Express Company (AXP)?

The 3Y average debt to equity ratio for AXP stock is 1.77.

What is the 5Y average debt to equity ratio for American Express Company (AXP)?

The 5Y average debt to equity ratio for AXP stock is 1.78.

What is the 10Y average debt to equity ratio for American Express Company (AXP)?

The 10Y average debt to equity ratio for AXP stock is 2.14.

What is the 15Y average debt to equity ratio for American Express Company (AXP)?

The 15Y average debt to equity ratio for AXP stock is 2.43.

What is the 20Y average debt to equity ratio for American Express Company (AXP)?

The 20Y average debt to equity ratio for AXP stock is 3.11.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.72
2026-03-31	1.78
2025-12-31	1.73
2025-09-30	1.83
2025-06-30	1.85
2025-03-31	1.69
2024-12-31	1.69
2024-09-30	1.85
2024-06-30	1.80
2024-03-31	1.76
2023-12-31	1.75
2023-09-30	1.76
2023-06-30	1.81
2023-03-31	1.65
2022-12-31	1.78
2022-09-30	1.83
2022-06-30	1.83
2022-03-31	1.81
2021-12-31	1.85
2021-09-30	1.50
2021-06-30	1.54
2021-03-31	1.78
2020-12-31	1.95
2020-09-30	2.13
2020-06-30	2.39
2020-03-31	2.67
2019-12-31	2.79
2019-09-30	2.66
2019-06-30	2.62
2019-03-31	2.72
2018-12-31	2.76
2018-09-30	2.68
2018-06-30	2.77
2018-03-31	2.77
2017-12-31	3.24
2017-09-30	2.42
2017-06-30	2.61
2017-03-31	2.64
2016-12-31	2.56
2016-09-30	2.27
2016-06-30	2.56
2016-03-31	2.41
2015-12-31	2.56
2015-09-30	2.43
2015-06-30	2.61
2015-03-31	2.61
2014-12-31	2.97
2014-09-30	2.92
2014-06-30	2.88
2014-03-31	2.85
2013-12-31	3.10
2013-09-30	2.90
2013-06-30	2.92
2013-03-31	3.10
2012-12-31	3.30
2012-09-30	3.10
2012-06-30	3.09
2012-03-31	3.28
2011-12-31	3.40
2011-09-30	3.89
2011-06-30	3.86
2011-03-31	3.67
2010-12-31	4.30
2010-09-30	4.44
2010-06-30	4.96
2010-03-31	5.53
2009-12-31	3.80
2009-09-30	4.36
2009-06-30	4.60
2009-03-31	4.21
2008-12-31	5.83
2008-09-30	5.73
2008-06-30	6.08
2008-03-31	6.47
2007-12-31	6.62
2007-09-30	6.38
2007-06-30	6.18
2007-03-31	5.60
2006-12-31	5.52
2006-09-30	5.08
2006-06-30	4.89
2006-03-31	4.35
2005-12-31	4.40
2005-09-30	4.46
2005-06-30	2.52
2005-03-31	2.77
2004-12-31	2.95
2004-09-30	2.60
2004-06-30	2.66
2004-03-31	2.52
2003-12-31	2.59
2003-09-30	2.30
2003-06-30	2.41
2003-03-31	2.52
2002-12-31	2.74
2002-09-30	2.46

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.72

2026-03-31

1.78

2025-12-31

1.73

2025-09-30

1.83

2025-06-30

1.85

2025-03-31

1.69

2024-12-31

1.69

2024-09-30

1.85

2024-06-30

1.80

2024-03-31

1.76

2023-12-31

1.75

2023-09-30

1.76

2023-06-30

1.81

2023-03-31

1.65

2022-12-31

1.78

2022-09-30

1.83

2022-06-30

1.83

2022-03-31

1.81

2021-12-31

1.85

2021-09-30

1.50

2021-06-30

1.54

2021-03-31

1.78

2020-12-31

1.95

2020-09-30

2.13

2020-06-30

2.39

2020-03-31

2.67

2019-12-31

2.79

2019-09-30

2.66

2019-06-30

2.62

2019-03-31

2.72

2018-12-31

2.76

2018-09-30

2.68

2018-06-30

2.77

2018-03-31

2.77

2017-12-31

3.24

2017-09-30

2.42

2017-06-30

2.61

2017-03-31

2.64

2016-12-31

2.56

2016-09-30

2.27

2016-06-30

2.56

2016-03-31

2.41

2015-12-31

2.56

2015-09-30

2.43

2015-06-30

2.61

2015-03-31

2.61

2014-12-31

2.97

2014-09-30

2.92

2014-06-30

2.88

2014-03-31

2.85

2013-12-31

3.10

2013-09-30

2.90

2013-06-30

2.92

2013-03-31

3.10

2012-12-31

3.30

2012-09-30

3.10

2012-06-30

3.09

2012-03-31

3.28

2011-12-31

3.40

2011-09-30

3.89

2011-06-30

3.86

2011-03-31

3.67

2010-12-31

4.30

2010-09-30

4.44

2010-06-30

4.96

2010-03-31

5.53

2009-12-31

3.80

2009-09-30

4.36

2009-06-30

4.60

2009-03-31

4.21

2008-12-31

5.83

2008-09-30

5.73

2008-06-30

6.08

2008-03-31

6.47

2007-12-31

6.62

2007-09-30

6.38

2007-06-30

6.18

2007-03-31

5.60

2006-12-31

5.52

2006-09-30

5.08

2006-06-30

4.89

2006-03-31

4.35

2005-12-31

4.40

2005-09-30

4.46

2005-06-30

2.52

2005-03-31

2.77

2004-12-31

2.95

2004-09-30

2.60

2004-06-30

2.66

2004-03-31

2.52

2003-12-31

2.59

2003-09-30

2.30

2003-06-30

2.41

2003-03-31

2.52

2002-12-31

2.74

2002-09-30

2.46

Debt to Equity Ratio: 1.72

AXP Debt to Equity Ratio

AXP Average Debt to Equity Ratio Chart

AXP Current vs Average Debt to Equity Ratio Chart

AXP Debt to Equity Ratio Metrics

AXP Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

AXP Debt to Equity Ratio History

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