American Express Company (AXP) — Cash Flow Reinvestment Rate
American Express Company (AXP) has a Cash Flow Reinvestment Rate of 0.76x as of March 2026, reinvesting $2.89 Billion (capex $1.15 Billion plus investments $-1.74 Billion) from operating cash flow of $3.80 Billion. Explore American Express Company capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
American Express Company Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for American Express Company across 36 annual periods. Also explore American Express Company (AXP) total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for American Express Company (1989–2025)
Year-by-year capital reinvestment analysis for American Express Company. For live market cap and broader valuation context, see American Express Company stock valuation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | $2.69 Billion | $18.43 Billion | $2.42 Billion | ▼ -92.2% |
| 2024 | 1.87x | $26.31 Billion | $14.05 Billion | $1.91 Billion | ▲ +33.7% |
| 2023 | 1.40x | $26.00 Billion | $18.56 Billion | $1.56 Billion | ▼ -12.3% |
| 2022 | 1.60x | $33.67 Billion | $21.08 Billion | $1.85 Billion | ▲ +122.2% |
| 2021 | 0.72x | $10.53 Billion | $14.64 Billion | $1.55 Billion | ▼ -73.3% |
| 2020 | 2.69x | $15.05 Billion | $5.59 Billion | $1.48 Billion | ▲ +122.3% |
| 2019 | 1.21x | $16.51 Billion | $13.63 Billion | $1.65 Billion | ▼ -43.4% |
| 2018 | 2.14x | $19.09 Billion | $8.93 Billion | $1.31 Billion | ▲ +49.7% |
| 2017 | 1.43x | $19.34 Billion | $13.54 Billion | $1.06 Billion | ▲ +262.1% |
| 2016 | 0.39x | $3.24 Billion | $8.22 Billion | $1.38 Billion | ▼ -45.4% |
| 2015 | 0.72x | $7.92 Billion | $10.97 Billion | $1.34 Billion | ▲ +1.5% |
| 2014 | 0.71x | $7.81 Billion | $10.99 Billion | $1.20 Billion | ▼ -15.0% |
| 2013 | 0.84x | $7.15 Billion | $8.55 Billion | $1.01 Billion | ▼ -3.1% |
| 2012 | 0.86x | $6.11 Billion | $7.08 Billion | $1.05 Billion | ▲ +161.6% |
| 2011 | 0.33x | $3.46 Billion | $10.47 Billion | $1.19 Billion | ▲ +220.4% |
| 2010 | 0.10x | $956.00 Million | $9.29 Billion | $887.00 Million | ▼ -73.8% |
| 2009 | 0.39x | $2.51 Billion | $6.38 Billion | $772.00 Million | ▲ +248.3% |
| 2008 | 0.11x | $977.00 Million | $8.67 Billion | $977.00 Million | ▲ +2.0% |
| 2007 | 0.11x | $938.00 Million | $8.48 Billion | $938.00 Million | ▲ +15.6% |
| 2006 | 0.10x | $861.00 Million | $9.01 Billion | $861.00 Million | ▲ +26.5% |
| 2005 | 0.08x | $608.00 Million | $8.04 Billion | $608.00 Million | ▼ -6.6% |
| 2004 | 0.08x | $740.00 Million | $9.14 Billion | $740.00 Million | ▼ -79.9% |
| 2003 | 0.40x | $1.02 Billion | $2.54 Billion | $1.02 Billion | ▲ +420.8% |
| 2002 | 0.08x | $670.00 Million | $8.67 Billion | $670.00 Million | ▼ -52.1% |
| 2001 | 0.16x | $859.00 Million | $5.32 Billion | $859.00 Million | ▲ +11.5% |
| 2000 | 0.14x | $919.00 Million | $6.35 Billion | $919.00 Million | ▲ +30.4% |
| 1999 | 0.11x | $819.00 Million | $7.38 Billion | $819.00 Million | ▼ -43.2% |
| 1998 | 0.20x | $862.00 Million | $4.41 Billion | $862.00 Million | ▲ +194.4% |
| 1997 | 0.07x | $343.00 Million | $5.17 Billion | $343.00 Million | ▼ -25.2% |
| 1996 | 0.09x | $438.00 Million | $4.94 Billion | $438.00 Million | ▼ -21.9% |
| 1995 | 0.11x | $347.00 Million | $3.05 Billion | $347.00 Million | ▼ -38.1% |
| 1994 | 0.18x | $333.00 Million | $1.81 Billion | $333.00 Million | ▼ -73.5% |
| 1993 | 0.69x | $286.00 Million | $413.00 Million | $286.00 Million | ▼ -57.0% |
| 1991 | 1.61x | $656.00 Million | $407.00 Million | $656.00 Million | ▲ +927.6% |
| 1990 | 0.16x | $719.00 Million | $4.58 Billion | $719.00 Million | ▼ -2.6% |
| 1989 | 0.16x | $962.00 Million | $5.97 Billion | $962.00 Million | — |