American Express (AXP) FCF Margin (2010 - 2026)

American Express has disclosed FCF Margin across 17 years of filings, most recently posting 14.04% for Q1 2026.

• FCF Margin for Q1 2026 came in at 14.04%, down 1150.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.31% (up 245.0% YoY), and the FY2025 annual result was 22.16%, up 375.0% from the prior year.
• FCF Margin came in at 14.04% for Q1 2026 at American Express, up from 12.36% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 55.86% in Q4 2022 to a low of 13.63% in Q3 2024.
• The 5-year median for FCF Margin is 28.42% (2022), against an average of 25.31%.
• Across the five-year window, FCF Margin plunged 6462 bps in 2024 and soared 4390 bps in 2025, its largest moves.
• American Express' FCF Margin stood at 55.86% in 2022, then decreased by 28 bps to 40.15% in 2023, then declined by 23 bps to 30.75% in 2024, then slumped by 60 bps to 12.36% in 2025, then rose by 14 bps to 14.04% in 2026.
• The last three FCF Margin figures came in at 14.04% (Q1 2026), 12.36% (Q4 2025), and 30.28% (Q3 2025), per Business Quant data.