01—History
Interest Expense History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2018–FY2023. Drag across the bars to change the range.
- $6.85B
02—Ledger
Interest Expense, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2023 | $6.85B | +147.9% | 10-K | |
| FY2022 | $2.76B | +115.4% | 10-K | |
| FY2021 | $1.28B | −38.8% | 10-K | |
| FY2020 | $2.10B | −39.4% | 10-K | |
| FY2019 | $3.46B | +17.7% | 10-K | |
| FY2018 | $2.94B | +39.3% | 10-K | |
| FY2017 | $2.11B | +23.9% | 10-K | |
| FY2016 | $1.71B | +5.1% | 10-K | |
| FY2015 | $1.62B | −4.9% | 10-K | |
| FY2014 | $1.71B | −12.8% | 10-K | |
| FY2013 | $1.96B | −12.0% | 10-K | |
| FY2012 | $2.23B | −4.1% | 10-K | |
| FY2011 | $2.32B | −4.3% | 10-K | |
| FY2010 | $2.42B | +9.8% | 10-K | |
| FY2009 | $2.21B | −37.9% | 10-K | |
| FY2008 | $3.56B | −10.7% | 10-K | |
| FY2007 | $3.98B | — | 10-K |
03—Questions
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is AMERICAN EXPRESS CO's current interest expense?
AMERICAN EXPRESS CO (AXP) annual interest expense for 2023 was $6.85B, a 147.88% increase from 2022. AMERICAN EXPRESS CO interest expense for the quarter ending March 31, 2024 was $2.01B.
What was AMERICAN EXPRESS CO's interest expense in 2022?
AMERICAN EXPRESS CO annual interest expense for 2022 was $2.76B, a 115.35% increase from 2021.
What was AMERICAN EXPRESS CO's interest expense in 2021?
AMERICAN EXPRESS CO annual interest expense for 2021 was $1.28B, a 38.85% decline from 2020.
What is AMERICAN EXPRESS CO's 5-year interest expense CAGR?
AMERICAN EXPRESS CO interest expense grew at a compound annual growth rate (CAGR) of 18.40% from FY2018 to FY2023, going from $2.94B to $6.85B over 5 years.
- Company
- AMERICAN EXPRESS CO
- Ticker
- AXP
- Sector
- Other
- Industry
- Finance Services