American Express Company (AXP) — Financial Flexibility Index
American Express Company (AXP) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $4.95 Billion (operating CF $3.80 Billion minus capex $1.15 Billion) represents 0% of total liabilities ($274.90 Billion). Check cash flow reinvestment rate of American Express Company to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
American Express Company Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for American Express Company across 37 annual periods. For the full cash flow conversion analysis, see American Express Company operating cash flow efficiency.
Annual Financial Flexibility Index for American Express Company (1989–2025)
Year-by-year free cash flow to debt coverage for American Express Company. Explore American Express Company (AXP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.08x | $20.85 Billion | $18.43 Billion | $266.58 Billion | ▲ +18.2% |
| 2024 | 0.07x | $15.96 Billion | $14.05 Billion | $241.20 Billion | ▼ -23.4% |
| 2023 | 0.09x | $20.12 Billion | $18.56 Billion | $233.05 Billion | ▼ -23.3% |
| 2022 | 0.11x | $22.93 Billion | $21.08 Billion | $203.64 Billion | ▲ +15.7% |
| 2021 | 0.10x | $16.20 Billion | $14.64 Billion | $166.37 Billion | ▲ +131.9% |
| 2020 | 0.04x | $7.07 Billion | $5.59 Billion | $168.38 Billion | ▼ -51.8% |
| 2019 | 0.09x | $15.28 Billion | $13.63 Billion | $175.25 Billion | ▲ +42.2% |
| 2018 | 0.06x | $10.24 Billion | $8.93 Billion | $167.00 Billion | ▼ -31.6% |
| 2017 | 0.09x | $14.60 Billion | $13.54 Billion | $162.94 Billion | ▲ +29.2% |
| 2016 | 0.07x | $9.60 Billion | $8.22 Billion | $138.39 Billion | ▼ -21.1% |
| 2015 | 0.09x | $12.31 Billion | $10.97 Billion | $140.00 Billion | ▼ -0.1% |
| 2014 | 0.09x | $12.19 Billion | $10.99 Billion | $138.43 Billion | ▲ +23.5% |
| 2013 | 0.07x | $9.55 Billion | $8.55 Billion | $134.00 Billion | ▲ +17.7% |
| 2012 | 0.06x | $8.13 Billion | $7.08 Billion | $134.25 Billion | ▼ -30.1% |
| 2011 | 0.09x | $11.66 Billion | $10.47 Billion | $134.54 Billion | ▲ +11.6% |
| 2010 | 0.08x | $10.18 Billion | $9.29 Billion | $131.00 Billion | ▲ +20.2% |
| 2009 | 0.06x | $7.16 Billion | $6.38 Billion | $110.74 Billion | ▼ -23.4% |
| 2008 | 0.08x | $9.64 Billion | $8.67 Billion | $114.23 Billion | ▲ +24.3% |
| 2007 | 0.07x | $9.42 Billion | $8.48 Billion | $138.71 Billion | ▼ -18.9% |
| 2006 | 0.08x | $9.87 Billion | $9.01 Billion | $117.82 Billion | ▲ +0.1% |
| 2005 | 0.08x | $8.65 Billion | $8.04 Billion | $103.41 Billion | ▲ +50.9% |
| 2004 | 0.06x | $9.88 Billion | $9.14 Billion | $178.20 Billion | ▲ +148.8% |
| 2003 | 0.02x | $3.56 Billion | $2.54 Billion | $159.68 Billion | ▼ -65.8% |
| 2002 | 0.07x | $9.34 Billion | $8.67 Billion | $143.39 Billion | ▲ +46.6% |
| 2001 | 0.04x | $6.18 Billion | $5.32 Billion | $139.06 Billion | ▼ -12.7% |
| 2000 | 0.05x | $7.27 Billion | $6.35 Billion | $142.74 Billion | ▼ -14.0% |
| 1999 | 0.06x | $8.20 Billion | $7.38 Billion | $138.42 Billion | ▲ +31.2% |
| 1998 | 0.05x | $5.28 Billion | $4.41 Billion | $116.73 Billion | ▼ -9.5% |
| 1997 | 0.05x | $5.51 Billion | $5.17 Billion | $110.43 Billion | ▼ -7.2% |
| 1996 | 0.05x | $5.38 Billion | $4.94 Billion | $99.98 Billion | ▲ +56.8% |
| 1995 | 0.03x | $3.40 Billion | $3.05 Billion | $99.19 Billion | ▲ +44.7% |
| 1994 | 0.02x | $2.15 Billion | $1.81 Billion | $90.57 Billion | ▲ +189.6% |
| 1993 | 0.01x | $699.00 Million | $413.00 Million | $85.40 Billion | ▲ +379.9% |
| 1992 | 0.00x | $-492.00 Million | $-1.06 Billion | $168.25 Billion | ▼ -138.2% |
| 1991 | 0.01x | $1.06 Billion | $407.00 Million | $138.98 Billion | ▼ -81.1% |
| 1990 | 0.04x | $5.30 Billion | $4.58 Billion | $131.05 Billion | ▼ -27.0% |
| 1989 | 0.06x | $6.94 Billion | $5.97 Billion | $125.16 Billion | — |