American Express (AXP) Other Working Capital Changes (2010 - 2026)
American Express' Other Working Capital Changes was $538 million in Q3 2026, compared with -$181 million a year earlier.
American Express (AXP) Other Working Capital Changes (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Express' Other Working Capital Changes was -$2.75 billion through Sep 30, 2026; for FY2025, it came in at -$2.78 billion.
- In earlier years, Other Working Capital Changes was $1.01 billion in FY2024, -$1.24 billion in FY2023, $1.39 billion in FY2022 (+30.2%) and $1.07 billion in FY2021.
- The Q3 2026 figure marks the highest quarterly Other Working Capital Changes since Q4 2024.
- Per Business Quant data, AXP's Other Working Capital Changes in the three quarters before Q3 2026 was -$450 million (Q2 2026), -$1.39 billion (Q1 2026) and -$1.45 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 903.97 Bn | 903.97 Bn | - |
| 2 | Bank Of America | 356.92 Bn | -2,019.15 Bn | - |
| 3 | Hsbc Holdings | 296.96 Bn | -1,806.64 Bn | - |
| 4 | Morgan Stanley | 285.10 Bn | 285.10 Bn | - |
| 5 | Royal Bank Of Canada | 284.66 Bn | -545.38 Bn | - |
| 6 | Goldman Sachs | 266.61 Bn | 266.61 Bn | - |
| 7 | Wells Fargo & Company | 250.94 Bn | 250.94 Bn | - |
| 8 | Mitsubishi Ufj Financial | 245.01 Bn | -96.38 Bn | 10.89 Bn |
| 9 | Toronto Dominion Bank | 214.22 Bn | -461.66 Bn | - |
| 10 | American Express | 214.16 Bn | 13.64 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 538.00 Mn |
| 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 |
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();