American Express Company (AXP) Gross Margin: 83.50%
Is American Express Company’s gross margin high or low?
American Express Company's gross margin of 83.50% is in line with its 5-year average of 86.88%, near the low end of its 5-year range (81.89%–100.31%).
As of Thursday, June 11, 2026. 1.14% above its 12-month average of 82.56%.
AXP Gross Margin Chart
AXP Average Gross Margin Chart
AXP Current vs Average Gross Margin Chart
AXP Gross Margin Metrics
GROSS MARGIN
83.50%
GROSS MARGIN AVG TTM
82.56%
GROSS MARGIN AVG 3Y
84.69%
GROSS MARGIN AVG 5Y
86.88%
GROSS MARGIN AVG 10Y
86.85%
GROSS MARGIN AVG 15Y
87.26%
GROSS MARGIN AVG 20Y
84.56%
CURRENT VS TTM AVG
+1.14%
CURRENT VS 3Y AVG
-1.40%
CURRENT VS 5Y AVG
-3.88%
CURRENT VS 10Y AVG
-3.86%
CURRENT VS 15Y AVG
-4.31%
CURRENT VS 20Y AVG
-1.25%
AXP Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Express Company (AXP) | $212.33B | 83.50% | 82.56% | 84.69% | 86.88% |
| Citigroup Inc. (C) | $230.27B | 45.48% | 43.10% | 49.78% | 59.91% |
| Wells Fargo & Company (WFC) | $248.89B | 64.55% | 63.48% | 70.30% | 75.77% |
| BlackRock, Inc. (BLK) | $156.08B | 59.14% | 52.47% | 50.40% | 50.54% |
| The Charles Schwab Corporation (SCHW) | $155.20B | 87.57% | 80.92% | 82.18% | 87.13% |
| Chubb Limited (CB) | $128.22B | 35.20% | 29.13% | 27.76% | 26.38% |
| The Goldman Sachs Group, Inc. (GS) | $298.19B | 55.55% | 44.30% | 48.82% | 60.59% |
| S&P Global Inc. (SPGI) | $122.45B | 70.47% | 69.67% | 68.16% | 69.70% |
| The Progressive Corporation (PGR) | $119.38B | 28.44% | 28.60% | 22.84% | 24.41% |
| CME Group Inc. (CME) | $96.38B | 86.34% | 86.11% | 85.59% | 84.50% |
Gross Margin Analysis
Gross Margin
83.5%
(Revenue - COGS) / Revenue
American Express Company Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Express Company Gross Margin FAQ
- What is the gross margin for American Express Company (AXP)?
- The gross margin for AXP stock is 83.50%.
- Is American Express Company's gross margin high or low?
- American Express Company's gross margin of 83.50% is in line with its 5-year average of 86.88%, near the low end of its 5-year range (81.89%–100.31%).
- What is the TTM average gross margin for American Express Company (AXP)?
- The TTM average gross margin for AXP stock is 82.56%.
- What is the 3Y average gross margin for American Express Company (AXP)?
- The 3Y average gross margin for AXP stock is 84.69%.
- What is the 5Y average gross margin for American Express Company (AXP)?
- The 5Y average gross margin for AXP stock is 86.88%.
- What is the 10Y average gross margin for American Express Company (AXP)?
- The 10Y average gross margin for AXP stock is 86.85%.
- What is the 15Y average gross margin for American Express Company (AXP)?
- The 15Y average gross margin for AXP stock is 87.26%.
- What is the 20Y average gross margin for American Express Company (AXP)?
- The 20Y average gross margin for AXP stock is 84.56%.
American Express Company Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 83.23% |
| 2024-12-31 | 81.89% |
| 2023-12-31 | 82.52% |
| 2022-12-31 | 91.11% |
| 2021-12-31 | 100.31% |
| 2020-12-31 | 82.19% |
| 2019-12-31 | 85.06% |
| 2018-12-31 | 85.45% |
| 2017-12-31 | 87.50% |
| 2016-12-31 | 86.62% |
| 2015-12-31 | 89.50% |
| 2014-12-31 | 89.33% |
| 2013-12-31 | 89.12% |
| 2012-12-31 | 88.34% |
| 2011-12-31 | 89.37% |
| 2010-12-31 | 84.57% |
| 2009-12-31 | 71.44% |
| 2008-12-31 | 70.70% |
| 2007-12-31 | 75.01% |
| 2006-12-31 | 80.41% |
| 2005-12-31 | 82.11% |
| 2004-12-31 | 84.19% |
| 2003-12-31 | 96.50% |
| 2002-12-31 | 95.46% |
| 2001-12-31 | 93.35% |
| 2000-12-31 | 94.28% |
| 1999-12-31 | 95.06% |
| 1998-12-31 | 94.78% |
| 1997-12-31 | 94.80% |
| 1996-12-31 | 93.13% |
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