American Express Company Financial Flexibility Index

Latest as of March 2026: 0.02x

American Express Company 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). See how much free cash does American Express Company generate to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$4.95 Billion
Operating CF − Capex

Total Liabilities

$274.90 Billion
USD

Capital Expenditures

$1.15 Billion
USD

Financial Flexibility Index of American Express Company (1989–2025)

Financial flexibility index of American Express Company from 1989 to 2025. Historical Financial Flexibility Index trend for American Express Company across 37 annual periods. Check cash flow quality index of American Express Company to evaluate the quality of earnings relative to operating cash generation.

American Express Company Financial Flexibility Index by Year (1989–2025)

American Express Company financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for American Express Company. For the full cash flow conversion analysis, see AXP cash flow metrics.

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 —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities