American Express Gross Margin 2010-2025 | AXP

American Express gross margin for the quarter ending March 31, 2025 was 89.1%.

  • American Express average gross margin for 2024 was 89%, a 2.65% increase from 2023.
  • American Express average gross margin for 2023 was 91.42%, a 5.29% decline from 2022.
  • American Express average gross margin for 2022 was 96.53%, a 0.29% decline from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

American Express Gross Margin 2010-2025 | AXP

  • American Express average gross margin for 2024 was 89%, a 2.65% increase from 2023.
  • American Express average gross margin for 2023 was 91.42%, a 5.29% decline from 2022.
  • American Express average gross margin for 2022 was 96.53%, a 0.29% decline from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.