American Express Company Cash Flow Conversion Efficiency
American Express Company cash flow conversion efficiency. Based on the latest financial reports, American Express Company (AXP) has a cash flow conversion efficiency ratio of 0.112x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.80 Billion) by net assets ($33.99 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of American Express Company (1989–2025)
Cash flow conversion efficiency of American Express Company from 1989 to 2025. This chart illustrates how American Express Company's cash flow conversion efficiency has evolved over time, based on yearly financial data. View American Express Company (AXP) share price today for real-time trading data and today's change.
American Express Company Cash Flow Conversion Ratio Explained
American Express Company cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
American Express Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of American Express Company ranked by their cash flow conversion efficiency. Also see American Express Company stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Novartis AG
SW:NOVN
|
0.092x |
|
Siemens Aktiengesellschaft
XETRA:SIE
|
0.058x |
|
BHP Group
MX:BHPN
|
0.061x |
|
Arm Holdings plc American Depositary Shares
NASDAQ:ARM
|
0.105x |
|
Linde plc Ordinary Shares
NASDAQ:LIN
|
0.056x |
|
Citigroup Inc.
NYSE:C
|
-0.103x |
|
BHP Group Ltd
AU:BHP
|
0.172x |
|
Toronto Dominion Bank
TO:TD
|
-0.087x |
Annual Cash Flow Conversion Efficiency for American Express Company (1989–2025)
The table below shows the annual cash flow conversion efficiency of American Express Company from 1989 to 2025. Review cash generation quality of American Express Company to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $33.47 Billion | $18.43 Billion | 0.551x | +18.58% |
| 2024-12-31 | $30.26 Billion | $14.05 Billion | 0.464x | -29.82% |
| 2023-12-31 | $28.06 Billion | $18.56 Billion | 0.661x | -22.46% |
| 2022-12-31 | $24.71 Billion | $21.08 Billion | 0.853x | +29.17% |
| 2021-12-31 | $22.18 Billion | $14.64 Billion | 0.660x | +171.47% |
| 2020-12-31 | $22.98 Billion | $5.59 Billion | 0.243x | -58.83% |
| 2019-12-31 | $23.07 Billion | $13.63 Billion | 0.591x | +45.57% |
| 2018-12-31 | $22.00 Billion | $8.93 Billion | 0.406x | -45.26% |
| 2017-12-31 | $18.26 Billion | $13.54 Billion | 0.741x | +84.84% |
| 2016-12-31 | $20.50 Billion | $8.22 Billion | 0.401x | -23.22% |
| 2015-12-31 | $21.00 Billion | $10.97 Billion | 0.522x | -1.72% |
| 2014-12-31 | $20.67 Billion | $10.99 Billion | 0.532x | +18.18% |
| 2013-12-31 | $19.00 Billion | $8.55 Billion | 0.450x | +19.96% |
| 2012-12-31 | $18.89 Billion | $7.08 Billion | 0.375x | -32.72% |
| 2011-12-31 | $18.79 Billion | $10.47 Billion | 0.557x | -3.99% |
| 2010-12-31 | $16.00 Billion | $9.29 Billion | 0.581x | +30.99% |
| 2009-12-31 | $14.41 Billion | $6.38 Billion | 0.443x | -39.45% |
| 2008-12-31 | $11.84 Billion | $8.67 Billion | 0.732x | -4.86% |
| 2007-12-31 | $11.03 Billion | $8.48 Billion | 0.769x | -10.21% |
| 2006-12-31 | $10.51 Billion | $9.01 Billion | 0.857x | +12.34% |
| 2005-12-31 | $10.55 Billion | $8.04 Billion | 0.763x | +33.63% |
| 2004-12-31 | $16.02 Billion | $9.14 Billion | 0.571x | +244.57% |
| 2003-12-31 | $15.32 Billion | $2.54 Billion | 0.166x | -73.53% |
| 2002-12-31 | $13.86 Billion | $8.67 Billion | 0.626x | +41.48% |
| 2001-12-31 | $12.04 Billion | $5.32 Billion | 0.442x | -18.65% |
| 2000-12-31 | $11.68 Billion | $6.35 Billion | 0.544x | -25.67% |
| 1999-12-31 | $10.10 Billion | $7.38 Billion | 0.732x | +69.05% |
| 1998-12-31 | $10.20 Billion | $4.41 Billion | 0.433x | -19.87% |
| 1997-12-31 | $9.57 Billion | $5.17 Billion | 0.540x | -6.76% |
| 1996-12-31 | $8.53 Billion | $4.94 Billion | 0.579x | +55.88% |
| 1995-12-31 | $8.22 Billion | $3.05 Billion | 0.372x | +31.76% |
| 1994-12-31 | $6.43 Billion | $1.81 Billion | 0.282x | +496.33% |
| 1993-12-31 | $8.73 Billion | $413.00 Million | 0.047x | +133.39% |
| 1992-12-31 | $7.50 Billion | $-1.06 Billion | -0.142x | -359.75% |
| 1991-12-31 | $7.46 Billion | $407.00 Million | 0.055x | -92.11% |
| 1990-12-31 | $6.63 Billion | $4.58 Billion | 0.691x | -34.20% |
| 1989-12-31 | $5.69 Billion | $5.97 Billion | 1.050x | -- |
About American Express Company
American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Networ… Read more