American Express (AXP) EV to FCF (2010 - 2026)
American Express' EV to FCF came in at 11.89 for Q2 2026, down 19.5% from 14.77 a year earlier but up 11.9% from the prior quarter.
American Express (AXP) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, American Express reported EV to FCF of 1.34, down 33.1% year-over-year; for FY2025, it was 12.81, down 7.2% from FY2024.
- Going back by year, EV to FCF was 13.80 in FY2024 (+164.4%), 5.22 in FY2023 (+32.8%), 3.93 in FY2022 (-49.7%) and 7.81 in FY2021 (-50.0%).
- The five-year range for quarterly EV to FCF is 3.49 (Q3 2023) to 14.77 (Q2 2025).
- Year-over-year, EV to FCF has declined for four consecutive quarters, with growth averaging 85.0% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2024 (growth of 210.4%), and the weakest in Q2 2022 (a decline of 51.2%).
- Business Quant data shows AXP's EV to FCF at 10.63 (Q1 2026), 12.81 (Q4 2025) and 9.13 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.20 |
| Jun 30, 2026 | 11.89 |
| Mar 31, 2026 | 10.63 |
| Dec 31, 2025 | 12.81 |
| Sep 30, 2025 | 9.13 |
| Jun 30, 2025 | 14.77 |
| Mar 31, 2025 | 12.00 |
| Dec 31, 2024 | 13.80 |
| Sep 30, 2024 | 10.83 |
| Jun 30, 2024 | 4.80 |
| Mar 31, 2024 | 4.78 |
| Dec 31, 2023 | 5.22 |
| Sep 30, 2023 | 3.49 |
| Jun 30, 2023 | 5.71 |
| Mar 31, 2023 | 5.41 |
| Dec 31, 2022 | 3.93 |
| Sep 30, 2022 | 4.33 |
| Jun 30, 2022 | 4.98 |
| Mar 31, 2022 | 7.67 |
| Dec 31, 2021 | 7.81 |
American Express EV to FCF 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=ev-to-fcf&ticker=AXP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();