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American Express AXP Free cash flow

Free cash flow at other companies

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$58.6M+111%
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Capital One FinancialCOF
$8.08B+42.5%
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$3.48B-23.7%
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$1.42B+30.2%
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$1.78B+157%

Other financials

Income statement

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Revenue$19.6B+10.0%
Net income$3.1B+7.8%
EPS (diluted)$4.53+11.0%

Balance sheet

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Cash & equivalents$45.2B-21.9%
Total debt$59.0B-1.1%
Total equity$34.3B+6.1%
Total assets$308.20B+4.3%

Cash flow

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Operating cash flow$5.4B+23.1%
CapEx$898.0M+45.1%

Valuation

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Market cap$227.01B+1.2%
Enterprise value$240.81B+6.5%
P/E19.8×-2.3×
P/S-0.3×

Profitability

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Net margin15.1%+0.3pp
FCF margin19.8%

Returns & leverage

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Return on equity34.4%+1.6pp
Debt / equity1.7×-0.1×

Where this comes from

Calculated from American Express’s reported figures.

The source filing: American Express’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 12:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000004962-26-000322

FAQ

What is American Express's free cash flow?
American Express (AXP) reported free cash flow of $4.47B in Q2 2026.
How has American Express's free cash flow changed year-over-year?
American Express's free cash flow increased by 19.4% year-over-year, from $3.75B to $4.47B.
What is the long-term trend for American Express's free cash flow?
Over 3 years (2021 to 2025), American Express's free cash flow has grown at a 6.9% compound annual growth rate (CAGR), from $13.1B to $16B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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