KPIs & Operating Metrics(New)

American Express (AXP) FCF Margin (2016 - 2026)

American Express' FCF Margin history spans 17 years, with the latest figure at 14.04% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 1150.0% to 14.04% in Q1 2026 year-over-year; TTM through Mar 2026 was 19.31%, a 245.0% increase, with the full-year FY2025 number at 22.16%, up 375.0% from a year prior.
  • FCF Margin hit 14.04% in Q1 2026 for American Express, up from 12.36% in the prior quarter.
  • Over the last five years, FCF Margin for AXP hit a ceiling of 55.86% in Q4 2022 and a floor of 13.63% in Q3 2024.
  • Historically, FCF Margin has averaged 25.31% across 5 years, with a median of 28.42% in 2022.
  • Biggest five-year swings in FCF Margin: plummeted -6462bps in 2024 and later surged 4390bps in 2025.
  • Tracing AXP's FCF Margin over 5 years: stood at 55.86% in 2022, then fell by -28bps to 40.15% in 2023, then fell by -23bps to 30.75% in 2024, then tumbled by -60bps to 12.36% in 2025, then grew by 14bps to 14.04% in 2026.
  • Business Quant data shows FCF Margin for AXP at 14.04% in Q1 2026, 12.36% in Q4 2025, and 30.28% in Q3 2025.