American Express Gross Margin 2010-2024 | AXP

American Express gross margin for the quarter ending September 30, 2024 was 88.78%.

  • 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.
  • American Express average gross margin for 2021 was 96.25%, a 2.8% increase from 2020.

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 2010-2024 | AXP

  • 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.
  • American Express average gross margin for 2021 was 96.25%, a 2.8% increase from 2020.

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.
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