AXP · 8-K · 20261023PR000405

Income Tax Rate Changes

AMERICAN EXPRESS CO · 2026-10-23 · Importance 35 · Surprise 48

The consolidated effective tax rate was 18.1% in Q3 2026, down from 24.1% a year earlier, a decrease of 6.0 percentage points. The company attributed the lower rate primarily to current-year discrete tax benefits from resolving certain prior-period tax items. The release did not quantify the dollar amount of those tax benefits.

Key facts

• American Express's Q3 2026 consolidated effective tax rate was 18.1%, down from 24.1% a year earlier, primarily reflecting discrete tax benefits related to resolving certain prior-period tax items. source