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| Date | Value |
|---|---|
| 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 |