American Express Company Capital Reinvestment Ratio
American Express Company capital reinvestment ratio. American Express Company (AXP) has a Capital Reinvestment Ratio of 0.30x as of March 2026, meaning it reinvests 0% of its operating cash flow ($3.80 Billion) in capital expenditures ($1.15 Billion). Check AXP total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of American Express Company (1989–2025)
Capital reinvestment ratio of American Express Company from 1989 to 2025. This chart tracks American Express Company's Capital Reinvestment Ratio across 36 annual periods. Also explore American Express Company net asset momentum to track the company's year-over-year net asset growth rate.
American Express Company Capital Reinvestment Ratio by Year (1989–2025)
American Express Company capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see American Express Company (AXP) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | $18.43 Billion | $2.42 Billion | ▼ -3.3% |
| 2024 | 0.14x | $14.05 Billion | $1.91 Billion | ▲ +61.5% |
| 2023 | 0.08x | $18.56 Billion | $1.56 Billion | ▼ -4.3% |
| 2022 | 0.09x | $21.08 Billion | $1.85 Billion | ▼ -16.9% |
| 2021 | 0.11x | $14.64 Billion | $1.55 Billion | ▼ -60.0% |
| 2020 | 0.26x | $5.59 Billion | $1.48 Billion | ▲ +119.1% |
| 2019 | 0.12x | $13.63 Billion | $1.65 Billion | ▼ -17.7% |
| 2018 | 0.15x | $8.93 Billion | $1.31 Billion | ▲ +87.0% |
| 2017 | 0.08x | $13.54 Billion | $1.06 Billion | ▼ -53.1% |
| 2016 | 0.17x | $8.22 Billion | $1.38 Billion | ▲ +36.8% |
| 2015 | 0.12x | $10.97 Billion | $1.34 Billion | ▲ +12.4% |
| 2014 | 0.11x | $10.99 Billion | $1.20 Billion | ▼ -7.6% |
| 2013 | 0.12x | $8.55 Billion | $1.01 Billion | ▼ -20.8% |
| 2012 | 0.15x | $7.08 Billion | $1.05 Billion | ▲ +31.0% |
| 2011 | 0.11x | $10.47 Billion | $1.19 Billion | ▲ +18.9% |
| 2010 | 0.10x | $9.29 Billion | $887.00 Million | ▼ -21.0% |
| 2009 | 0.12x | $6.38 Billion | $772.00 Million | ▲ +7.3% |
| 2008 | 0.11x | $8.67 Billion | $977.00 Million | ▲ +2.0% |
| 2007 | 0.11x | $8.48 Billion | $938.00 Million | ▲ +15.6% |
| 2006 | 0.10x | $9.01 Billion | $861.00 Million | ▲ +26.5% |
| 2005 | 0.08x | $8.04 Billion | $608.00 Million | ▼ -6.6% |
| 2004 | 0.08x | $9.14 Billion | $740.00 Million | ▼ -79.9% |
| 2003 | 0.40x | $2.54 Billion | $1.02 Billion | ▲ +420.8% |
| 2002 | 0.08x | $8.67 Billion | $670.00 Million | ▼ -52.1% |
| 2001 | 0.16x | $5.32 Billion | $859.00 Million | ▲ +11.5% |
| 2000 | 0.14x | $6.35 Billion | $919.00 Million | ▲ +30.4% |
| 1999 | 0.11x | $7.38 Billion | $819.00 Million | ▼ -43.2% |
| 1998 | 0.20x | $4.41 Billion | $862.00 Million | ▲ +194.4% |
| 1997 | 0.07x | $5.17 Billion | $343.00 Million | ▼ -25.2% |
| 1996 | 0.09x | $4.94 Billion | $438.00 Million | ▼ -21.9% |
| 1995 | 0.11x | $3.05 Billion | $347.00 Million | ▼ -38.1% |
| 1994 | 0.18x | $1.81 Billion | $333.00 Million | ▼ -73.5% |
| 1993 | 0.69x | $413.00 Million | $286.00 Million | ▼ -57.0% |
| 1991 | 1.61x | $407.00 Million | $656.00 Million | ▲ +927.6% |
| 1990 | 0.16x | $4.58 Billion | $719.00 Million | ▼ -2.6% |
| 1989 | 0.16x | $5.97 Billion | $962.00 Million | — |