American Express Company (AXP) Current Ratio: 0.28
Is American Express Company’s current ratio high or low?
American Express Company's current ratio of 0.28 is 18% below its 5-year average of 0.34, near the low end of its 5-year range (0.27–0.58).
As of Wednesday, June 17, 2026. 1.82% above its 12-month average of 0.28.
AXP Current Ratio Chart
AXP Average Current Ratio Chart
AXP Current vs Average Current Ratio Chart
AXP Current Ratio Metrics
CURRENT RATIO
0.28
CURRENT RATIO AVG TTM
0.28
CURRENT RATIO AVG 3Y
0.30
CURRENT RATIO AVG 5Y
0.34
CURRENT RATIO AVG 10Y
0.48
CURRENT RATIO AVG 15Y
0.39
CURRENT RATIO AVG 20Y
0.38
CURRENT VS TTM AVG
+1.82%
CURRENT VS 3Y AVG
-5.88%
CURRENT VS 5Y AVG
-17.65%
CURRENT VS 10Y AVG
-41.44%
CURRENT VS 15Y AVG
-28.73%
CURRENT VS 20Y AVG
-25.44%
AXP Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Express Company (AXP) | $232.71B | 0.28 | 0.28 | 0.30 | 0.34 |
| Citigroup Inc. (C)vs › | $243.88B | 0.48 | 0.40 | 0.36 | 0.36 |
| Wells Fargo & Company (WFC)vs › | $260.28B | 0.29 | 0.28 | 0.27 | 0.28 |
| BlackRock, Inc. (BLK)vs › | $163.34B | 15.76 | 16.08 | 15.47 | 17.37 |
| The Charles Schwab Corporation (SCHW)vs › | $162.91B | 0.53 | 0.54 | 0.53 | 0.67 |
| The Goldman Sachs Group, Inc. (GS)vs › | $321.76B | 0.83 | 0.88 | 0.90 | 0.92 |
| S&P Global Inc. (SPGI)vs › | $128.24B | 0.82 | 0.83 | 0.86 | 1.24 |
| Chubb Limited (CB)vs › | $127.56B | 0.62 | 0.62 | 0.62 | 0.62 |
| The Progressive Corporation (PGR)vs › | $119.59B | 0.59 | 0.48 | 4.31 | 6.77 |
| Morgan Stanley (MS)vs › | $348.31B | 1.17 | 0.92 | 0.82 | 0.81 |
Liquidity Analysis
Current Ratio
0.28
Quick Ratio
0.28
American Express Company Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Express Company Current Ratio FAQ
- What is the current ratio for American Express Company (AXP)?
- The current ratio for AXP stock is 0.28.
- Is American Express Company's current ratio high or low?
- American Express Company's current ratio of 0.28 is 18% below its 5-year average of 0.34, near the low end of its 5-year range (0.27–0.58).
- What is the TTM average current ratio for American Express Company (AXP)?
- The TTM average current ratio for AXP stock is 0.28.
- What is the 3Y average current ratio for American Express Company (AXP)?
- The 3Y average current ratio for AXP stock is 0.30.
- What is the 5Y average current ratio for American Express Company (AXP)?
- The 5Y average current ratio for AXP stock is 0.34.
- What is the 10Y average current ratio for American Express Company (AXP)?
- The 10Y average current ratio for AXP stock is 0.48.
- What is the 15Y average current ratio for American Express Company (AXP)?
- The 15Y average current ratio for AXP stock is 0.39.
- What is the 20Y average current ratio for American Express Company (AXP)?
- The 20Y average current ratio for AXP stock is 0.38.
American Express Company Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 0.28 |
| 2024-12-31 | 0.27 |
| 2023-12-31 | 0.33 |
| 2022-12-31 | 0.31 |
| 2021-12-31 | 0.27 |
| 2020-12-31 | 0.58 |
| 2019-12-31 | 0.95 |
| 2018-12-31 | 1.02 |
| 2017-12-31 | 0.46 |
| 2016-12-31 | 0.44 |
| 2015-12-31 | 0.35 |
| 2014-12-31 | 0.41 |
| 2013-12-31 | 0.39 |
| 2012-12-31 | 0.46 |
| 2011-12-31 | 0.52 |
| 2010-12-31 | 0.43 |
| 2009-12-31 | 0.63 |
| 2008-12-31 | 0.98 |
| 2007-12-31 | 0.26 |
| 2006-12-31 | 0.19 |
| 2005-12-31 | 0.18 |
| 2004-12-31 | 1.20 |
| 2003-12-31 | 0.92 |
| 2002-12-31 | 1.00 |
| 2001-12-31 | 0.80 |
| 2000-12-31 | 0.78 |
| 1999-12-31 | 0.79 |
| 1998-12-31 | 0.80 |
| 1997-12-31 | 0.86 |
| 1996-12-31 | 0.83 |
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