American Express Company (AXP) Return on Invested Capital (ROIC): 8.29%
Is American Express Company’s return on invested capital (ROIC) high or low?
American Express Company's return on invested capital (ROIC) of 8.29% is 14% above its 5-year average of 7.26%, near the high end of its 5-year range (3.35%–8.78%).
The return on invested capital (ROIC) for American Express Company (AXP) is 8.29% as of Tuesday, June 9, 2026. It is below its 12-month average by 2.47% (8.50%).
AXP Return on Invested Capital (ROIC) Chart
AXP Average Return on Invested Capital (ROIC) Chart
AXP Current vs Average Return on Invested Capital (ROIC) Chart
AXP Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
8.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.40%
CURRENT VS TTM AVG
-2.47%
CURRENT VS 3Y AVG
+5.57%
CURRENT VS 5Y AVG
+14.24%
CURRENT VS 10Y AVG
+28.78%
CURRENT VS 15Y AVG
+37.91%
CURRENT VS 20Y AVG
+53.61%
AXP Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Express Company (AXP) | — | 8.29% | 8.50% | 7.85% | 7.26% |
| Citigroup Inc. (C) | $229.72B | 0.95% | 1.21% | 1.34% | 1.63% |
| Wells Fargo & Company (WFC) | $250.94B | 3.16% | 3.37% | 3.29% | 3.29% |
| BlackRock, Inc. (BLK) | $157.09B | 3.27% | 3.80% | 4.01% | 3.73% |
| The Charles Schwab Corporation (SCHW) | $154.38B | 9.50% | 7.55% | 7.32% | 6.89% |
| The Goldman Sachs Group, Inc. (GS) | $304.45B | 1.92% | 1.77% | 1.58% | 1.82% |
| Chubb Limited (CB) | $126.10B | 7.95% | 606.48% | 733.71% | 631.36% |
| S&P Global Inc. (SPGI) | $125.75B | 9.22% | 8.68% | 7.44% | 15.06% |
| The Progressive Corporation (PGR) | $116.94B | 20.74% | 14.38% | 8.55% | 8.16% |
| Morgan Stanley (MS) | $331.62B | 1.69% | 2.08% | 2.05% | 2.29% |
Capital Efficiency
ROIC
8.3%
ROE
32.4%
American Express Company Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Express Company Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for American Express Company (AXP)?
- The return on invested capital (ROIC) for AXP stock is 8.29%.
- Is American Express Company's return on invested capital (ROIC) high or low?
- American Express Company's return on invested capital (ROIC) of 8.29% is 14% above its 5-year average of 7.26%, near the high end of its 5-year range (3.35%–8.78%).
- What is the TTM average return on invested capital (ROIC) for American Express Company (AXP)?
- The TTM average return on invested capital (ROIC) for AXP stock is 8.50%.
- What is the 3Y average return on invested capital (ROIC) for American Express Company (AXP)?
- The 3Y average return on invested capital (ROIC) for AXP stock is 7.85%.
- What is the 5Y average return on invested capital (ROIC) for American Express Company (AXP)?
- The 5Y average return on invested capital (ROIC) for AXP stock is 7.26%.
- What is the 10Y average return on invested capital (ROIC) for American Express Company (AXP)?
- The 10Y average return on invested capital (ROIC) for AXP stock is 6.44%.
- What is the 15Y average return on invested capital (ROIC) for American Express Company (AXP)?
- The 15Y average return on invested capital (ROIC) for AXP stock is 6.01%.
- What is the 20Y average return on invested capital (ROIC) for American Express Company (AXP)?
- The 20Y average return on invested capital (ROIC) for AXP stock is 5.40%.
American Express Company Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 8.29% |
| 2024-12-31 | 8.71% |
| 2023-12-31 | 7.17% |
| 2022-12-31 | 7.24% |
| 2021-12-31 | 8.78% |
| 2020-12-31 | 3.35% |
| 2019-12-31 | 6.12% |
| 2018-12-31 | 6.60% |
| 2017-12-31 | 2.80% |
| 2016-12-31 | 5.94% |
| 2015-12-31 | 5.81% |
| 2014-12-31 | 6.01% |
| 2013-12-31 | 5.67% |
| 2012-12-31 | 4.64% |
| 2011-12-31 | 5.00% |
| 2010-12-31 | 4.05% |
| 2009-12-31 | 2.59% |
| 2008-12-31 | 3.04% |
| 2007-12-31 | 3.46% |
| 2006-12-31 | 3.55% |
| 2005-12-31 | 4.51% |
| 2004-12-31 | 1.54% |
| 2003-12-31 | 1.95% |
| 2002-12-31 | 1.92% |
| 2001-12-31 | 0.96% |
| 2000-12-31 | 2.00% |
| 1999-12-31 | 1.82% |
| 1998-12-31 | 1.84% |
| 1997-12-31 | 1.80% |
| 1996-12-31 | 1.92% |
Related Metrics
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.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Stephen Joseph Squeri