American Express Company AXP
- Market cap
- $207.3B
- P/E
- 18.7×
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American Express Company (AXP) Free cash flow
American Express Company's free cash flow for fiscal 2025 was $16.0B, up 31.8% from $12.1B in fiscal 2024. Over the twelve months to 30 June 2026 it was $15.1B. Over the past ten years it has ranged from $4.1B (fiscal 2020) to $19.2B (fiscal 2022); the current reading is higher than 82% of that period. American Express Company ranks 4th of 54 Credit Services companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $16.0B | 31.83% |
| FY2024 | $12.1B | (28.58%) |
| FY2023 | $17.0B | (11.59%) |
| FY2022 | $19.2B | 46.80% |
| FY2021 | $13.1B | 218.38% |
| FY2020 | $4.1B | (65.69%) |
| FY2019 | $12.0B | 57.31% |
| FY2018 | $7.6B | (38.93%) |
| FY2017 | $12.5B | 80.42% |
| FY2016 | $6.9B | (26.15%) |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $4.5B | 68.47% |
| Mar 2026 | $2.7B | 13.22% |
| Dec 2025 | $2.3B | (57.97%) |
| Sep 2025 | $5.6B | 48.97% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| COF Capital One Financial Corporation compare | $29.7B |
| V Visa Inc. compare | $21.0B |
| MA Mastercard Incorporated compare | $16.0B |
| AXP American Express Company | $15.1B |
| SYF Synchrony Financial compare | $9.7B |
| PYPL PayPal Holdings, Inc. compare | $6.6B |
| ALLY Ally Financial Inc. compare | $4.6B |
| AFRM Affirm Holdings, Inc. compare | $992.6M |
| SOFI SoFi Technologies, Inc. compare | −$8.8B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on AXP
- Revenue
- Net income
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement