American Express (AXP) Other Working Capital Changes (2010 - 2026)
American Express' Other Working Capital Changes was $450 million in Q2 2026, down 61.5% from $1.17 billion a year earlier and down 67.5% from the prior quarter.
American Express (AXP) Other Working Capital Changes (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Express' Other Working Capital Changes was $3.47 billion through Jun 30, 2026; for FY2025, it came in at $2.78 billion.
- Other Working Capital Changes shows a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- In earlier years, Other Working Capital Changes was -$1.01 billion in FY2024, $1.24 billion in FY2023, -$1.39 billion in FY2022 and -$1.07 billion in FY2021.
- Quarterly Other Working Capital Changes has moved between -$1.23 billion (Q4 2024) and $1.45 billion (Q4 2025) over five years.
- Compared with a year earlier, Other Working Capital Changes was higher in two of the last four quarters, with growth averaging 195.6%.
- Per Business Quant data, AXP's Other Working Capital Changes in the three quarters before Q2 2026 was $1.39 billion (Q1 2026), $1.45 billion (Q4 2025) and $181 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 885.23 Bn | 914.70 Bn | - |
| 2 | Banco Santander Chile | 404.41 Bn | 524.35 Bn | - |
| 3 | Bank Of America | 381.15 Bn | -1,994.92 Bn | - |
| 4 | Hsbc Holdings | 319.39 Bn | 319.44 Bn | - |
| 5 | Morgan Stanley | 298.67 Bn | -210.43 Bn | - |
| 6 | Royal Bank Of Canada | 268.75 Bn | -557.52 Bn | - |
| 7 | Mitsubishi Ufj Financial | 265.72 Bn | -107.91 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 261.04 Bn | -3,296.07 Bn | - |
| 9 | Wells Fargo & Company | 253.09 Bn | 255.22 Bn | - |
| 10 | American Express | 208.01 Bn | -160.24 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -450.00 Mn |
| Mar 31, 2026 | -1.39 Bn |
| Dec 31, 2025 | -1.45 Bn |
| Sep 30, 2025 | -181.00 Mn |
| Jun 30, 2025 | -1.17 Bn |
| Mar 31, 2025 | 18.00 Mn |
| Dec 31, 2024 | 1.23 Bn |
| Sep 30, 2024 | -285.00 Mn |
| Jun 30, 2024 | -132.00 Mn |
| Mar 31, 2024 | 195.00 Mn |
| Dec 31, 2023 | -534.00 Mn |
| Sep 30, 2023 | -147.00 Mn |
| Jun 30, 2023 | -511.00 Mn |
| Mar 31, 2023 | -52.00 Mn |
| Dec 31, 2022 | 982.00 Mn |
| Sep 30, 2022 | 163.00 Mn |
| Jun 30, 2022 | -77.00 Mn |
| Mar 31, 2022 | 323.00 Mn |
| Dec 31, 2021 | 205.00 Mn |
| Sep 30, 2021 | 581.00 Mn |
American Express Other Working Capital Changes 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=other-working-capital-changes&ticker=AXP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();