Cash on Hand for American Express (AXP)
According to American Express's latest reported financial statements, the company's latest reported cash and short-term investments is $54.05B USD. Cash on hand here is cash, cash equivalents, and short-term investments reported at the end of each period — the most liquid assets on the balance sheet. Compare with total debt for a net cash/debt picture and with total assets for the share of assets held in cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingCash on HandSwitch metric
Latest period
$54.05B
YoY change
+16.3%
5Y CAGR
-2.3%
Peak year (2020)
$54.47B
Latest annual
$48.53B
Cash on Hand history chart for American Express (AXP) from 1989 to 2025
Cash on Hand history table for American Express (AXP) from 1989 to 2025
| Fiscal year | Period ended | Reported | Cash on Hand | YoY |
|---|---|---|---|---|
| 2025 | $48.53B | +16.3% | ||
| 2024 | $41.74B | -14.2% | ||
| 2023 | $48.65B | +26.7% | ||
| 2022 | $38.39B | +56.7% | ||
| 2021 | $24.50B | -55.0% | ||
| 2020 | $54.47B | +66.6% | ||
| 2019 | $32.69B | +2.0% | ||
| 2018 | $32.04B | -11.1% | ||
| 2017 | $36.04B | +27.3% | ||
| 2016 | $28.32B | +24.4% | ||
| 2015 | $22.76B | +2.1% | ||
| 2014 | $22.29B | +14.4% | ||
| 2013 | $19.49B | -12.4% | ||
| 2012 | $22.25B | -10.6% | ||
| 2011 | $24.89B | +52.2% | ||
| 2010 | $16.36B | -20.8% | ||
| 2009 | $20.66B | -37.3% | ||
| 2008 | $32.97B | +271.3% | ||
| 2007 | $8.88B | +67.3% | ||
| 2006 | $5.31B | -27.9% | ||
| 2005 | $7.36B | -17.4% | ||
| 2004 | $8.91B | +55.5% | ||
| 2003 | $5.73B | -44.3% | ||
| 2002 | $10.29B | +42.5% | ||
| 2001 | $7.22B | -14.9% | ||
| 2000 | $8.49B | +13.6% | ||
| 1999 | $7.47B | +82.6% | ||
| 1998 | $4.09B | -2.1% | ||
| 1997 | $4.18B | +56.1% | ||
| 1996 | $2.68B | -16.3% | ||
| 1995 | $3.20B | -6.8% | ||
| 1994 | $3.43B | +3.7% | ||
| 1993 | $3.31B | -89.8% | ||
| 1992 | $32.47B | +57.9% | ||
| 1991 | $20.56B | +67.9% | ||
| 1990 | $12.25B | -40.7% | ||
| 1989 | $20.64B | — |
Cash on Hand values are taken from American Express's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
American Express (AXP) most recent annual cash and short-term investments stands at $48.53B (2025) – grew 16.3% year-over-year.
Over 2020–2025 (5 years), American Express cash and short-term investments expanded at a -2.3% compound annual rate, with a net decline across the window.
American Express cash and short-term investments peaked at $54.47B in 2020; the latest annual figure is $48.53B in 2025 (10.9% below peak).
2020 marks the peak cash and short-term investments at $54.47B, with the historical low of $2.68B recorded in 1996.
American Express (AXP) sits 7th of 8 Financial Services peers we track on this metric, against a peer median of $505.76B.
American Express Cash on Hand by Year
American Express Cash on Hand 2025: $48.53B
American Express cash and short-term investments in 2025 was $48.53B, grew 16.3% from 2024.
American Express Cash on Hand 2024: $41.74B
American Express cash and short-term investments in 2024 was $41.74B, declined 14.2% below 2023.
American Express Cash on Hand 2023: $48.65B
American Express cash and short-term investments in 2023 was $48.65B, grew 26.7% from 2022.
American Express Cash on Hand 2022: $38.39B
American Express cash and short-term investments in 2022 was $38.39B, surged 56.7% from 2021.
American Express Cash on Hand 2021: $24.50B
American Express cash and short-term investments in 2021 was $24.50B.
See more financial history for American Express (AXP).
Sector peers — Cash on Hand
Companies in the same sector as American Express, ranked by their latest cash and short-term investments.
| Company | Cash on Hand | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $1.48T | Financial Services |
| Bank of America Corporation (BAC) | $963.73B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $624.53B | Financial Services |
| Morgan Stanley (MS) | $539.97B | Financial Services |
| Wells Fargo & Company (WFC) | $471.55B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $373.31B | Financial Services |
| Visa Inc. (V) | $21.99B | Financial Services |
| Mastercard Incorporated (MA) | $11.46B | Financial Services |
Frequently asked questions
What is American Express's cash and short-term investments?
- Latest reported cash and short-term investments for American Express (AXP) is $54.05B (period ending March 31, 2026).
How has American Express cash and short-term investments changed year-over-year?
- American Express (AXP) cash and short-term investments changed +16.3% year-over-year on the latest annual filing.
What is the long-term growth rate of American Express cash and short-term investments?
- American Express (AXP) cash and short-term investments compound annual growth rate is -2.3% over the most recent 5 years available.
When did American Express cash and short-term investments hit its highest annual value?
- American Express cash and short-term investments reached its highest annual value of $54.47B in 2020.
What was American Express cash and short-term investments in 2024?
- American Express (AXP) cash and short-term investments in 2024 was $41.74B.
What was American Express cash and short-term investments in 2025?
- American Express (AXP) cash and short-term investments in 2025 was $48.53B.
Metrics overview
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