American Express Company (AXP) Tax Rate: 21.47%
Is American Express Company’s tax rate high or low?
American Express Company's tax rate of 21.47% is in line with its 5-year average of 22.75%, near the low end of its 5-year range (20.35%–27.03%).
The tax rate for American Express Company (AXP) is 21.47%. It is above its 12-month average by 0.05% (21.46%).
AXP Tax Rate Chart
AXP Average Tax Rate Chart
AXP Current vs Average Tax Rate Chart
AXP Tax Rate Metrics
TAX RATE
21.47%
TAX RATE AVG TTM
21.46%
TAX RATE AVG 3Y
21.22%
TAX RATE AVG 5Y
22.75%
TAX RATE AVG 10Y
27.47%
TAX RATE AVG 15Y
28.81%
TAX RATE AVG 20Y
27.91%
CURRENT VS TTM AVG
+0.05%
CURRENT VS 3Y AVG
+1.18%
CURRENT VS 5Y AVG
-5.63%
CURRENT VS 10Y AVG
-21.85%
CURRENT VS 15Y AVG
-25.47%
CURRENT VS 20Y AVG
-23.06%
American Express Company Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Express Company Tax Rate FAQ
- What is the tax rate for American Express Company (AXP)?
- The tax rate for AXP stock is 21.47%.
- Is American Express Company's tax rate high or low?
- American Express Company's tax rate of 21.47% is in line with its 5-year average of 22.75%, near the low end of its 5-year range (20.35%–27.03%).
- What is the TTM average tax rate for American Express Company (AXP)?
- The TTM average tax rate for AXP stock is 21.46%.
- What is the 3Y average tax rate for American Express Company (AXP)?
- The 3Y average tax rate for AXP stock is 21.22%.
- What is the 5Y average tax rate for American Express Company (AXP)?
- The 5Y average tax rate for AXP stock is 22.75%.
- What is the 10Y average tax rate for American Express Company (AXP)?
- The 10Y average tax rate for AXP stock is 27.47%.
- What is the 15Y average tax rate for American Express Company (AXP)?
- The 15Y average tax rate for AXP stock is 28.81%.
- What is the 20Y average tax rate for American Express Company (AXP)?
- The 20Y average tax rate for AXP stock is 27.91%.
American Express Company Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 21.47% |
| 2024-12-31 | 21.45% |
| 2023-12-31 | 20.35% |
| 2022-12-31 | 21.61% |
| 2021-12-31 | 24.60% |
| 2020-12-31 | 27.03% |
| 2019-12-31 | 19.81% |
| 2018-12-31 | 14.79% |
| 2017-12-31 | 62.99% |
| 2016-12-31 | 33.16% |
| 2015-12-31 | 34.96% |
| 2014-12-31 | 34.55% |
| 2013-12-31 | 32.06% |
| 2012-12-31 | 30.52% |
| 2011-12-31 | 29.57% |
| 2010-12-31 | 31.98% |
| 2009-12-31 | 24.78% |
| 2008-12-31 | 19.83% |
| 2007-12-31 | 27.54% |
| 2006-12-31 | 29.64% |
| 2005-12-31 | 23.33% |
| 2004-12-31 | 29.89% |
| 2003-12-31 | 29.36% |
| 2002-12-31 | 28.33% |
| 2001-12-31 | 17.86% |
| 2000-12-31 | 28.10% |
| 1999-12-31 | 28.01% |
| 1998-12-31 | 26.80% |
| 1997-12-31 | 27.60% |
| 1996-12-31 | 28.64% |
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