American Express Company Tangible Net Worth Ratio
American Express Company tangible net worth ratio. American Express Company (AXP) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($33.99 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check AXP capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of American Express Company (1989–2025)
Tangible net worth ratio of American Express Company from 1989 to 2025. This chart shows how American Express Company's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $33.99 Billion with intangible assets of $0.00 USD. See working capital to net assets of American Express Company to evaluate short-term liquidity relative to the company's equity base.
American Express Company Tangible Net Worth Ratio by Year (1989–2025)
American Express Company tangible net worth ratio by year from 1989 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for American Express Company from 1989 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see American Express Company market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.7% | $33.47 Billion | $90.00 Million | $300.05 Billion | ▲ +0.1 pp |
| 2024 | 99.6% | $30.26 Billion | $123.00 Million | $271.46 Billion | ▼ -0.1 pp |
| 2023 | 99.7% | $28.06 Billion | $98.00 Million | $261.11 Billion | ▲ +0.2 pp |
| 2022 | 99.4% | $24.71 Billion | $146.00 Million | $228.35 Billion | ▲ +0.3 pp |
| 2021 | 99.1% | $22.18 Billion | $201.00 Million | $188.55 Billion | ▲ +0.2 pp |
| 2020 | 98.8% | $22.98 Billion | $265.00 Million | $191.37 Billion | ▲ +0.0 pp |
| 2019 | 98.8% | $23.07 Billion | $267.00 Million | $198.32 Billion | ▲ +0.1 pp |
| 2018 | 98.8% | $22.00 Billion | $275.00 Million | $189.00 Billion | ▲ +3.7 pp |
| 2017 | 95.1% | $18.26 Billion | $899.00 Million | $181.20 Billion | ▼ -0.7 pp |
| 2016 | 95.8% | $20.50 Billion | $868.00 Million | $158.89 Billion | ▼ -0.4 pp |
| 2015 | 96.2% | $21.00 Billion | $796.00 Million | $161.00 Billion | ▲ +0.3 pp |
| 2014 | 95.9% | $20.67 Billion | $854.00 Million | $159.10 Billion | ▲ +0.2 pp |
| 2013 | 95.7% | $19.00 Billion | $817.00 Million | $153.00 Billion | ▲ +1.0 pp |
| 2012 | 94.7% | $18.89 Billion | $993.00 Million | $153.14 Billion | ▲ +0.9 pp |
| 2011 | 93.9% | $18.79 Billion | $1.15 Billion | $153.34 Billion | ▼ 0.0 pp |
| 2010 | 93.9% | $16.00 Billion | $972.00 Million | $147.00 Billion | ▼ -1.1 pp |
| 2009 | 95.0% | $14.41 Billion | $717.00 Million | $125.14 Billion | ▲ +1.1 pp |
| 2008 | 93.9% | $11.84 Billion | $717.00 Million | $126.07 Billion | ▼ -4.2 pp |
| 2007 | 98.2% | $11.03 Billion | $204.00 Million | $149.74 Billion | ▼ -0.4 pp |
| 2006 | 98.5% | $10.51 Billion | $156.00 Million | $128.33 Billion | ▲ +12.6 pp |
| 2005 | 85.9% | $10.55 Billion | $1.49 Billion | $113.96 Billion | ▲ +0.9 pp |
| 2004 | 85.0% | $16.02 Billion | $2.41 Billion | $194.22 Billion | ▲ +2.1 pp |
| 2003 | 82.9% | $15.32 Billion | $2.62 Billion | $175.00 Billion | ▼ -7.7 pp |
| 2002 | 90.6% | $13.86 Billion | $1.30 Billion | $157.25 Billion | ▼ -9.4 pp |
| 2001 | 100.0% | $12.04 Billion | $1.00 Million | $151.10 Billion | ▲ +0.1 pp |
| 2000 | 99.9% | $11.68 Billion | $14.00 Million | $154.42 Billion | ▼ -0.1 pp |
| 1999 | 100.0% | $10.10 Billion | $0.00 | $148.52 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $10.20 Billion | $0.00 | $126.93 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $9.57 Billion | $0.00 | $120.00 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $8.53 Billion | $0.00 | $108.51 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $8.22 Billion | $0.00 | $107.41 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $6.43 Billion | $0.00 | $97.01 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $8.73 Billion | $0.00 | $94.13 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $7.50 Billion | $0.00 | $175.75 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $7.46 Billion | $0.00 | $146.44 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $6.63 Billion | $0.00 | $137.68 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $5.69 Billion | $0.00 | $130.85 Billion | — |