American Express Company (AXP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, American Express Company (AXP) has a cash flow conversion efficiency ratio of 0.092x as of December 2025. 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 ($3.07 Billion) by net assets ($33.47 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
American Express Company - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how American Express Company's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read AXP total debt and obligations for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Toyota Motor Corporation
F:TOMA
|
0.028x |
|
Citigroup Inc
NYSE:C
|
0.005x |
|
Nestlé S.A
F:NESM
|
0.137x |
|
Toyota Motor Corporation
F:TOM
|
0.028x |
|
International Business Machines
NYSE:IBM
|
0.123x |
|
T-Mobile US Inc
NASDAQ:TMUS
|
0.112x |
|
PepsiCo Inc
NASDAQ:PEP
|
0.322x |
|
Linde plc Ordinary Shares
NASDAQ:LIN
|
0.076x |
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. For the full company profile with market capitalisation and key ratios, see AXP stock market capitalisation.
| 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