Tax

Effective Tax Rate

American Express Effective Tax Rate decreased by 11.2% to $0.21 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.5%, from $0.22 to $0.21.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2022
Last reportedQ1 2026Apr 23, 2026
Metric ID: anet_effective_tax_rate

Historical Data

13 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$0.23$0.23$0.24$0.16$0.21$0.21$0.23$0.20$0.22$0.22$0.19$0.24$0.21
QoQ Change+0.9%+3.5%-31.4%+26.5%+2.0%+7.7%-9.3%+6.9%+2.8%-16.5%+28.9%-11.2%
YoY Change-28.3%-10.1%-11.4%+38.9%-0.5%+4.3%-0.4%-8.3%+10.6%-4.5%
Range$0.16$0.24
CAGR-1.8%
Avg YoY Growth-1.0%
Median YoY Growth-2.5%

Effective Tax Rate at Other Companies

Frequently Asked Questions

What is American Express's effective tax rate?
American Express (AXP) reported effective tax rate of $0.21 in Q1 2026.
How has American Express's effective tax rate changed year-over-year?
American Express's effective tax rate decreased by 4.5% year-over-year, from $0.22 to $0.21.