American Express Company (AXP) — Net Asset Quality Index
American Express Company (AXP) has a Net Asset Quality Index of 11.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $308.89 Billion minus total liabilities of $274.90 Billion yields net assets of $33.99 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read American Express Company total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
American Express Company Net Asset Quality Index Over Time (1989–2025)
This chart shows how American Express Company's Net Asset Quality Index has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the index stands at 11.0%, representing net assets of $33.99 Billion against total assets of $308.89 Billion USD. For live market cap and overall valuation, see AXP market cap overview.
Annual Net Asset Quality Index for American Express Company (1989–2025)
The table below presents the year-by-year Net Asset Quality Index for American Express Company from 1989 to 2025, covering 37 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check American Express Company strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 11.2% | $33.47 Billion | $300.05 Billion | $266.58 Billion | ▲ +0.0 pp |
| 2024 | 11.1% | $30.26 Billion | $271.46 Billion | $241.20 Billion | ▲ +0.4 pp |
| 2023 | 10.7% | $28.06 Billion | $261.11 Billion | $233.05 Billion | ▼ -0.1 pp |
| 2022 | 10.8% | $24.71 Billion | $228.35 Billion | $203.64 Billion | ▼ -0.9 pp |
| 2021 | 11.8% | $22.18 Billion | $188.55 Billion | $166.37 Billion | ▼ -0.2 pp |
| 2020 | 12.0% | $22.98 Billion | $191.37 Billion | $168.38 Billion | ▲ +0.4 pp |
| 2019 | 11.6% | $23.07 Billion | $198.32 Billion | $175.25 Billion | ▼ 0.0 pp |
| 2018 | 11.6% | $22.00 Billion | $189.00 Billion | $167.00 Billion | ▲ +1.6 pp |
| 2017 | 10.1% | $18.26 Billion | $181.20 Billion | $162.94 Billion | ▼ -2.8 pp |
| 2016 | 12.9% | $20.50 Billion | $158.89 Billion | $138.39 Billion | ▼ -0.1 pp |
| 2015 | 13.0% | $21.00 Billion | $161.00 Billion | $140.00 Billion | ▲ +0.1 pp |
| 2014 | 13.0% | $20.67 Billion | $159.10 Billion | $138.43 Billion | ▲ +0.6 pp |
| 2013 | 12.4% | $19.00 Billion | $153.00 Billion | $134.00 Billion | ▲ +0.1 pp |
| 2012 | 12.3% | $18.89 Billion | $153.14 Billion | $134.25 Billion | ▲ +0.1 pp |
| 2011 | 12.3% | $18.79 Billion | $153.34 Billion | $134.54 Billion | ▲ +1.4 pp |
| 2010 | 10.9% | $16.00 Billion | $147.00 Billion | $131.00 Billion | ▼ -0.6 pp |
| 2009 | 11.5% | $14.41 Billion | $125.14 Billion | $110.74 Billion | ▲ +2.1 pp |
| 2008 | 9.4% | $11.84 Billion | $126.07 Billion | $114.23 Billion | ▲ +2.0 pp |
| 2007 | 7.4% | $11.03 Billion | $149.74 Billion | $138.71 Billion | ▼ -0.8 pp |
| 2006 | 8.2% | $10.51 Billion | $128.33 Billion | $117.82 Billion | ▼ -1.1 pp |
| 2005 | 9.3% | $10.55 Billion | $113.96 Billion | $103.41 Billion | ▲ +1.0 pp |
| 2004 | 8.2% | $16.02 Billion | $194.22 Billion | $178.20 Billion | ▼ -0.5 pp |
| 2003 | 8.8% | $15.32 Billion | $175.00 Billion | $159.68 Billion | ▼ -0.1 pp |
| 2002 | 8.8% | $13.86 Billion | $157.25 Billion | $143.39 Billion | ▲ +0.8 pp |
| 2001 | 8.0% | $12.04 Billion | $151.10 Billion | $139.06 Billion | ▲ +0.4 pp |
| 2000 | 7.6% | $11.68 Billion | $154.42 Billion | $142.74 Billion | ▲ +0.8 pp |
| 1999 | 6.8% | $10.10 Billion | $148.52 Billion | $138.42 Billion | ▼ -1.2 pp |
| 1998 | 8.0% | $10.20 Billion | $126.93 Billion | $116.73 Billion | ▲ +0.1 pp |
| 1997 | 8.0% | $9.57 Billion | $120.00 Billion | $110.43 Billion | ▲ +0.1 pp |
| 1996 | 7.9% | $8.53 Billion | $108.51 Billion | $99.98 Billion | ▲ +0.2 pp |
| 1995 | 7.7% | $8.22 Billion | $107.41 Billion | $99.19 Billion | ▲ +1.0 pp |
| 1994 | 6.6% | $6.43 Billion | $97.01 Billion | $90.57 Billion | ▼ -2.6 pp |
| 1993 | 9.3% | $8.73 Billion | $94.13 Billion | $85.40 Billion | ▲ +5.0 pp |
| 1992 | 4.3% | $7.50 Billion | $175.75 Billion | $168.25 Billion | ▼ -0.8 pp |
| 1991 | 5.1% | $7.46 Billion | $146.44 Billion | $138.98 Billion | ▲ +0.3 pp |
| 1990 | 4.8% | $6.63 Billion | $137.68 Billion | $131.05 Billion | ▲ +0.5 pp |
| 1989 | 4.3% | $5.69 Billion | $130.85 Billion | $125.16 Billion | — |