AMERICAN EXPRESS COMPANY (AXP) /

The cash flow of AMERICAN EXPRESS COMPANY over the past 10 years

Chart AMERICAN EXPRESS COMPANY: operating cash flow, capital expenditures, free cash flow, fiscal 2016–2025 Open the chart →

In fiscal 2025, the latest fiscal year on file, AMERICAN EXPRESS COMPANY's operating cash flow was $18.43B and its capital expenditures $2.42B, leaving free cash flow of $16B. Free cash flow was above zero in all 10 years shown. It ranged from $4.11B in fiscal 2020 to $19.22B in fiscal 2022. Capital expenditures were highest in fiscal 2025, at $2.42B.

Year by year

Fiscal yearOperating cash flowCapital expendituresFree cash flow*
2025ended Dec 31, 2025$18.43B$2.42B$16B
2024ended Dec 31, 2024$14.05B$1.91B$12.14B
2023ended Dec 31, 2023$18.56B$1.56B$17B
2022ended Dec 31, 2022$21.08B$1.85B$19.22B
2021ended Dec 31, 2021$14.64B$1.55B$13.1B
2020ended Dec 31, 2020$5.59B$1.48B$4.11B
2019ended Dec 31, 2019$13.63B$1.65B$11.99B
2018ended Dec 31, 2018$8.93B$1.31B$7.62B
2017ended Dec 31, 2017$13.54B$1.06B$12.48B
2016ended Dec 31, 2016$8.29B$1.38B$6.92B

Fiscal years as AMERICAN EXPRESS COMPANY reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what AMERICAN EXPRESS COMPANY filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.