The American Express Company, often abbreviated Amex, AmEx, AX or Amexco, is a global provider of financial services based in New York City, USA. The company is best known for its charge card, credit card, and traveler's cheque businesses.
Operating Margin for American Express (AXP)
Operating Margin as of June 2023 (TTM): 16.31%
According to American Express's latest financial reports and stock price the company's current Operating Margin is 16.31%. At the end of 2021 the company had an Operating Margin of 24.77%.
Operating Margin history for American Express from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 24.77% | 108.1% |
| 2020 | 11.90% | -38.48% |
| 2019 | 19.35% | -3.94% |
| 2018 | 20.15% | -9.05% |
| 2017 | 22.15% | -8.79% |
| 2016 | 24.29% | 0.22% |
| 2015 | 24.23% | -9.58% |
| 2014 | 26.80% | 12.02% |
| 2013 | 23.92% | 17.13% |
| 2012 | 20.43% | -12.02% |
| 2011 | 23.22% | 7.59% |
| 2010 | 21.58% | 84.66% |
| 2009 | 11.69% | -7.44% |
| 2008 | 12.62% | -37.1% |
| 2007 | 20.07% | -2.43% |
| 2006 | 20.57% | 13.06% |
| 2005 | 18.20% | 3.81% |
| 2004 | 17.53% | 3.01% |
| 2003 | 17.01% | 3.74% |
| 2002 | 16.40% | 116.63% |
| 2001 | 7.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Visa V | 61.16% | 274.98% | 🇺🇸 USA |
 Mastercard MA | 51.76% | 217.35% | 🇺🇸 USA |
 Bank of America BAC | 32.84% | 101.35% | 🇺🇸 USA |
 Capital One COF | 21.32% | 30.72% | 🇺🇸 USA |
 Discover Financial Services DFS | 38.00% | 132.99% | 🇺🇸 USA |
 eBay EBAY | 3.81% | -76.64% | 🇺🇸 USA |
 JPMorgan Chase JPM | 38.19% | 134.15% | 🇺🇸 USA |
 Citigroup C | 25.77% | 58.00% | 🇺🇸 USA |
 Green Dot GDOT | 5.80% | -64.44% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.