American Express Company (AXP) — 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. Explore AXP long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
American Express Company Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for American Express Company across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of American Express Company to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for American Express Company (1989–2025)
Year-by-year earnings quality comparison for American Express Company. For live market cap and the full company financial profile, see American Express Company market cap and net worth.
| 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 | — |