American Express (AXP) Free Cash Flow (2010 - 2026)

American Express (AXP) posted Free Cash Flow of $2.7 billion for Q1 2026, up 13.22% sequentially from $2.3 billion in Q4 2025, and down 38.74% YoY from $4.3 billion in Q1 2025.

American Express (AXP) Free Cash Flow (2010 - 2026) Analysis & Trends

American Express (AXP) has 17 years of Free Cash Flow data on file, last reported at $2.7 billion in Q1 2026.

  • Quarterly Free Cash Flow fell 38.74% year-over-year to $2.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.3 billion (up 26.57% YoY) and the FY2025 annual result came in at $16.0 billion, up 31.83% from the prior year.
  • Free Cash Flow climbed to $2.7 billion in Q1 2026 per AXP's latest filing, from $2.3 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $7.9 billion in Q4 2022, with the low at -$2.3 billion in Q3 2024.
  • Average Free Cash Flow over 5 years is $3.9 billion, with a median of $4.0 billion recorded in 2024.
  • The widest YoY moves for Free Cash Flow: up 799.59% in 2024, down 128.9% in 2024.
  • American Express' Free Cash Flow stood at $7.9 billion in 2022, then dropped by 19.9% to $6.3 billion in 2023, then declined by 16.71% to $5.3 billion in 2024, then slumped by 55.61% to $2.3 billion in 2025, then rose by 13.22% to $2.7 billion in 2026.
  • Business Quant data shows AXP's Free Cash Flow at $2.7 billion in Q1 2026, $2.3 billion in Q4 2025, and $5.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 2.63 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 2.82 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 2.66 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 903.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 22.68 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -2.38 Bn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.37 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 268.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 66.48 Mn
10 Sezzle 5.91 Bn 5.79 Bn - 88.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.66 Bn
Mar 31, 2026 2.66 Bn
Dec 31, 2025 2.35 Bn
Dec 31, 2025 2.35 Bn
Sep 30, 2025 5.58 Bn
Sep 30, 2025 5.58 Bn
Jun 30, 2025 3.75 Bn
Jun 30, 2025 3.75 Bn
Mar 31, 2025 4.33 Bn
Mar 31, 2025 4.33 Bn
Dec 31, 2024 5.28 Bn
Dec 31, 2024 5.28 Bn
Sep 30, 2024 -2.27 Bn
Sep 30, 2024 -2.27 Bn
Jun 30, 2024 3.97 Bn
Jun 30, 2024 3.97 Bn
Mar 31, 2024 5.16 Bn
Mar 31, 2024 5.16 Bn
Dec 31, 2023 6.34 Bn
Dec 31, 2023 6.34 Bn