American Express Co (XSWX:AXP) Pre-Tax Income: CHF11,369 Mil (TTM As of Mar. 2026)

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XSWX:AXP American Express Co XSWX:AXP
80 GF Score
Price CHF292.65
GF Value CHF261.45
! 4 Warning Signs
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What is American Express Co Pre-Tax Income?

American Express Co XSWX:AXP +0.72% 80 Pre-Tax Income is CHF11,369 Mil as of Mar. 2026. GuruFocus rates XSWX:AXP with a GF Score™ of 80/100 and a GF Value™ of CHF261.45. The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. American Express Co's pretax income for the three months ended in Mar. 2026 was CHF2,974 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was CHF11,369 Mil. American Express Co's pretax margin was 19.98%.

During the past 13 years, American Express Co's highest Pretax Margin was 24.77%. The lowest was 11.85%. And the median was 19.44%.


American Express Co  (XSWX:AXP) Pre-Tax Income Explanation

American Express Co's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2974.419/14886.268
=19.98%

During the past 13 years, American Express Co's highest Pretax Margin was 24.77%. The lowest was 11.85%. And the median was 19.44%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Express Co Pre-Tax Income Related Terms


American Express Co Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for American Express Co's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Express Co Pre-Tax Income Chart

American Express Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,844.57 8,929.39 9,091.64 11,497.18 10,993.24

American Express Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,942.39 2,886.86 3,045.08 2,462.42 2,974.42

XSWX:AXP vs COF, PYPL, AFRM: Pre-Tax Income Comparison

For the Credit Services subindustry, American Express Co's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Express Co Pre-Tax Income vs Credit Services Industry

For the Credit Services industry and Financial Services sector, American Express Co's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where American Express Co's Pre-Tax Income falls into.


XSWX:AXP
80GF Score
American Express Co XSWX:AXP
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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American Express Co Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

American Express Co's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+10993.236
=10,993

American Express Co's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+2974.419
=2,974

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF11,369 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF11,369 Mil mean?
American Express Co (XSWX:AXP) has a Pre-Tax Income of CHF11,369 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on American Express Co and its competitors.
Is American Express Co's Pre-Tax Income too high?
American Express Co's current Pre-Tax Income is CHF11,369 Mil. Overall, American Express Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does American Express Co's Pre-Tax Income compare to COF and PYPL?
American Express Co's Pre-Tax Income of CHF11,369 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Credit Services company?
A good Pre-Tax Income depends on the Credit Services industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on American Express Co and its competitors. American Express Co's current Pre-Tax Income is CHF11,369 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Express Co stock overvalued right now?
American Express Co (XSWX:AXP) has a current Pre-Tax Income of CHF11,369 Mil. The stock's GF Value™ is CHF261.45, compared to a current price of CHF292.65 — trading 11.9% above its estimated fair value. The current Pre-Tax Income is CHF11,369 Mil. American Express Co's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For American Express Co (XSWX:AXP), the current Pre-Tax Income is CHF11,369 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Express Co (XSWX:AXP) Overvalued in 2026?

Based on GuruFocus' analysis, American Express Co stock appears to be overvalued. The current stock price of CHF292.65 is trading 11.9% above its estimated GF Value™ of CHF261.45.

Key valuation signals for XSWX:AXP:

  • Pre-Tax Income: CHF11,369 Mil
  • GF Value™: CHF261.45 vs. price of CHF292.65 (11.9% above fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the XSWX:AXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Express Co Business Description

Address 200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. It operates in four segments: US consumer services, US commercial services, international card services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
80GF Score

Get the complete analysis for XSWX:AXP

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF292.65
Price
CHF261.45
GF Value