American Express (AXP) Cash from Operations (2010 - 2026)
American Express (AXP) reported Cash from Operations of $5.38 billion for Q3 2026, down 13.6% from $6.23 billion a year earlier but up 0.2% from the prior quarter.
American Express (AXP) Cash from Operations (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, American Express' Cash from Operations came in at $17.63 billion, down 16.6% year-over-year; for FY2025, it came in at $18.43 billion, up 31.2% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- By year, Cash from Operations came in at $14.05 billion in FY2024 (-24.3%), $18.56 billion in FY2023 (-12.0%), $21.08 billion in FY2022 (+43.9%) and $14.65 billion in FY2021 (+161.9%).
- Five-year quarterly Cash from Operations spans a low of -$1.81 billion in Q3 2024 and a high of $8.43 billion in Q4 2022.
- Year over year, Cash from Operations gained in 1 of the last seven quarters, with an average decline of 12.9%.
- The high point for year-over-year Cash from Operations in five years was Q3 2023 (growth of 82.9%); the low point was Q4 2025 (a decline of 46.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $5.37 billion (Q2 2026), $3.8 billion (Q1 2026) and $3.07 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 903.97 Bn | 903.97 Bn | - | - |
| 2 | Bank Of America | 356.92 Bn | -2,019.15 Bn | - | 29.04 Bn |
| 3 | Hsbc Holdings | 296.96 Bn | -1,806.64 Bn | - | - |
| 4 | Morgan Stanley | 285.10 Bn | 285.10 Bn | - | - |
| 5 | Royal Bank Of Canada | 284.66 Bn | -545.38 Bn | - | 25.17 Bn |
| 6 | Goldman Sachs | 266.61 Bn | 266.61 Bn | - | - |
| 7 | Wells Fargo & Company | 250.94 Bn | 250.94 Bn | - | 8.87 Bn |
| 8 | Mitsubishi Ufj Financial | 245.01 Bn | -96.38 Bn | 10.89 Bn | - |
| 9 | Toronto Dominion Bank | 214.22 Bn | -461.66 Bn | - | -4.20 Bn |
| 10 | American Express | 214.16 Bn | 13.64 Bn | - | 5.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.38 Bn |
| Jun 30, 2026 | 5.37 Bn |
| Mar 31, 2026 | 3.80 Bn |
| Dec 31, 2025 | 3.07 Bn |
| Sep 30, 2025 | 6.23 Bn |
| Jun 30, 2025 | 4.36 Bn |
| Mar 31, 2025 | 4.76 Bn |
| Dec 31, 2024 | 5.78 Bn |
| Sep 30, 2024 | -1.81 Bn |
| Jun 30, 2024 | 4.53 Bn |
| Mar 31, 2024 | 5.55 Bn |
| Dec 31, 2023 | 6.77 Bn |
| Sep 30, 2023 | 8.24 Bn |
| Jun 30, 2023 | 3.92 Bn |
| Mar 31, 2023 | -377.00 Mn |
| Dec 31, 2022 | 8.43 Bn |
| Sep 30, 2022 | 4.51 Bn |
| Jun 30, 2022 | 4.26 Bn |
| Mar 31, 2022 | 3.88 Bn |
| Dec 31, 2021 | 5.01 Bn |
American Express Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AXP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();