The latest data point for AXP's Return on Sales (ROS) in Q4'25 stands at 17.59%, reflecting a notable seasonal decline from the preceding Q3'25 figure of 22.32%. This value aligns with historical patterns observed in prior fourth quarters, indicating a temporary dip amid the overall time series spanning from Q2'23 to Q4'25. Over the period from Q2'23 to Q4'25, ROS exhibits a cyclical trend with peaks in the second and third quarters—reaching a high of 25.16% in Q2'24—followed by consistent declines in the fourth quarters, such as the drop to 17.49% in Q4'24 and 17.59% in Q4'25. First-quarter values remain relatively stable around 21%, suggesting resilience, while the absence of data for Q1'26 limits forward visibility; overall, the metric shows moderate volatility but no sustained long-term growth or decline, averaging approximately 20% across the analyzed quarters.