American Express Company Cash Flow Quality Index
American Express Company cash flow quality index. American Express Company (AXP) has a Cash Flow Quality Index of 1.28x as of March 2026. Operating cash flow of $3.80 Billion exceeds net income of $2.97 Billion, indicating high earnings quality where cash backs reported profits. See AXP financial flexibility score to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of American Express Company (1989–2025)
Cash flow quality index of American Express Company from 1989 to 2025. Historical Cash Flow Quality Index for American Express Company across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore American Express Company debt service capacity to assess how comfortably operating cash covers total debt obligations.
American Express Company Cash Flow Quality Index by Year (1989–2025)
American Express Company cash flow quality index by year from 1989 to 2025. Year-by-year earnings quality comparison for American Express Company. For the full cash flow conversion analysis, see American Express Company cash flow conversion.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.70x | $18.43 Billion | $10.83 Billion | ▲ +22.6% |
| 2024 | 1.39x | $14.05 Billion | $10.13 Billion | ▼ -37.4% |
| 2023 | 2.22x | $18.56 Billion | $8.37 Billion | ▼ -21.0% |
| 2022 | 2.81x | $21.08 Billion | $7.51 Billion | ▲ +54.4% |
| 2021 | 1.82x | $14.64 Billion | $8.06 Billion | ▲ +1.9% |
| 2020 | 1.78x | $5.59 Billion | $3.13 Billion | ▼ -11.6% |
| 2019 | 2.02x | $13.63 Billion | $6.76 Billion | ▲ +56.3% |
| 2018 | 1.29x | $8.93 Billion | $6.92 Billion | ▼ -73.9% |
| 2017 | 4.95x | $13.54 Billion | $2.74 Billion | ▲ +225.4% |
| 2016 | 1.52x | $8.22 Billion | $5.41 Billion | ▼ -28.4% |
| 2015 | 2.13x | $10.97 Billion | $5.16 Billion | ▲ +13.8% |
| 2014 | 1.87x | $10.99 Billion | $5.88 Billion | ▲ +17.1% |
| 2013 | 1.59x | $8.55 Billion | $5.36 Billion | ▲ +0.9% |
| 2012 | 1.58x | $7.08 Billion | $4.48 Billion | ▼ -26.1% |
| 2011 | 2.14x | $10.47 Billion | $4.90 Billion | ▼ -6.6% |
| 2010 | 2.29x | $9.29 Billion | $4.06 Billion | ▼ -23.4% |
| 2009 | 2.99x | $6.38 Billion | $2.14 Billion | ▼ -1.0% |
| 2008 | 3.02x | $8.67 Billion | $2.87 Billion | ▲ +44.0% |
| 2007 | 2.10x | $8.48 Billion | $4.05 Billion | ▼ -13.2% |
| 2006 | 2.41x | $9.01 Billion | $3.73 Billion | ▲ +12.1% |
| 2005 | 2.15x | $8.04 Billion | $3.73 Billion | ▼ -18.8% |
| 2004 | 2.65x | $9.14 Billion | $3.44 Billion | ▲ +212.4% |
| 2003 | 0.85x | $2.54 Billion | $2.99 Billion | ▼ -73.8% |
| 2002 | 3.25x | $8.67 Billion | $2.67 Billion | ▼ -20.0% |
| 2001 | 4.06x | $5.32 Billion | $1.31 Billion | ▲ +79.6% |
| 2000 | 2.26x | $6.35 Billion | $2.81 Billion | ▼ -24.2% |
| 1999 | 2.98x | $7.38 Billion | $2.48 Billion | ▲ +44.8% |
| 1998 | 2.06x | $4.41 Billion | $2.14 Billion | ▼ -20.6% |
| 1997 | 2.60x | $5.17 Billion | $1.99 Billion | ▼ -0.1% |
| 1996 | 2.60x | $4.94 Billion | $1.90 Billion | ▲ +33.1% |
| 1995 | 1.95x | $3.05 Billion | $1.56 Billion | ▲ +48.6% |
| 1994 | 1.31x | $1.81 Billion | $1.38 Billion | ▲ +410.8% |
| 1993 | 0.26x | $413.00 Million | $1.60 Billion | ▲ +110.6% |
| 1992 | -2.44x | $-1.06 Billion | $436.00 Million | ▼ -572.2% |
| 1991 | 0.52x | $407.00 Million | $789.00 Million | ▼ -96.2% |
| 1990 | 13.56x | $4.58 Billion | $338.00 Million | ▲ +162.6% |
| 1989 | 5.16x | $5.97 Billion | $1.16 Billion | — |