Latest period
$3.8B
YoY change
+31.2%
5Y CAGR
+26.9%
Peak year (FY2022)
$21.1B
Latest annual
$18.4B
Operating Cash Flow history chart for American Express (AXP) from 2016 to 2025
Latest: $18.4B
Operating Cash Flow growth chart for American Express (AXP) from 2016 to 2025
Latest: +31.2%
Operating Cash Flow history table for American Express (AXP) from 1989 to 2025
| FY2025 | $18.4B | +31.2% | +$4.38B | ||
| FY2024 | $14.1B | -24.3% | -$4.51B | ||
| FY2023 | $18.6B | -12.0% | -$2.52B | ||
| FY2022 | $21.1B | +43.9% | +$6.43B | ||
| FY2021 | $14.6B | +161.9% | +$9.05B | ||
| FY2020 | $5.59B | -59.0% | -$8.04B | ||
| FY2019 | $13.6B | +52.7% | +$4.7B | ||
| FY2018 | $8.93B | -34.0% | -$4.61B | ||
| FY2017 | $13.5B | +64.6% | +$5.32B | ||
| FY2016 | $8.22B | -25.0% | -$2.75B | ||
| FY2015 | $11B | -0.2% | -$18M | ||
| FY2014 | $11B | +28.6% | +$2.44B | ||
| FY2013 | $8.55B | +20.7% | +$1.47B | ||
| FY2012 | $7.08B | -32.4% | -$3.39B | ||
| FY2011 | $10.5B | +12.8% | +$1.19B | ||
| FY2010 | $9.29B | +45.5% | +$2.9B | ||
| FY2009 | $6.38B | -26.3% | -$2.28B | ||
| FY2008 | $8.67B | +2.1% | +$182M | ||
| FY2007 | $8.48B | -5.8% | -$521M | ||
| FY2006 | $9.01B | +11.9% | +$960M | ||
| FY2005 | $8.05B | -12.0% | -$1.1B | ||
| FY2004 | $9.14B | +260.2% | +$6.61B | ||
| FY2003 | $2.54B | -70.7% | -$6.14B | ||
| FY2002 | $8.67B | +62.9% | +$3.35B | ||
| FY2001 | $5.32B | -16.2% | -$1.03B | ||
| FY2000 | $6.35B | -14.0% | -$1.03B | ||
| FY1999 | $7.39B | +67.3% | +$2.97B | ||
| FY1998 | $4.41B | -14.6% | -$757M | ||
| FY1997 | $5.17B | +4.7% | +$231M | ||
| FY1996 | $4.94B | +61.7% | +$1.89B | ||
| FY1995 | $3.05B | +68.4% | +$1.24B | ||
| FY1994 | $1.81B | +339.2% | +$1.4B | ||
| FY1993 | $413M | -138.9% | +$1.48B | ||
| FY1992 | -$1.06B | -360.9% | -$1.47B | ||
| FY1991 | $407M | -91.1% | -$4.18B | ||
| FY1990 | $4.58B | -23.3% | -$1.39B | ||
| FY1989 | $5.98B | — | — |
- FY2025$18.4B+31.2%
- FY2024$14.1B-24.3%
- FY2023$18.6B-12.0%
- FY2022$21.1B+43.9%
- FY2021$14.6B+161.9%
- FY2020$5.59B-59.0%
- FY2019$13.6B+52.7%
- FY2018$8.93B-34.0%
- FY2017$13.5B+64.6%
- FY2016$8.22B-25.0%
- FY2015$11B-0.2%
- FY2014$11B+28.6%
- FY2013$8.55B+20.7%
- FY2012$7.08B-32.4%
- FY2011$10.5B+12.8%
- FY2010$9.29B+45.5%
- FY2009$6.38B-26.3%
- FY2008$8.67B+2.1%
- FY2007$8.48B-5.8%
- FY2006$9.01B+11.9%
- FY2005$8.05B-12.0%
- FY2004$9.14B+260.2%
- FY2003$2.54B-70.7%
- FY2002$8.67B+62.9%
- FY2001$5.32B-16.2%
- FY2000$6.35B-14.0%
- FY1999$7.39B+67.3%
- FY1998$4.41B-14.6%
- FY1997$5.17B+4.7%
- FY1996$4.94B+61.7%
- FY1995$3.05B+68.4%
- FY1994$1.81B+339.2%
- FY1993$413M-138.9%
- FY1992-$1.06B-360.9%
- FY1991$407M-91.1%
- FY1990$4.58B-23.3%
- FY1989$5.98B—
Operating Cash Flow values are taken from American Express's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Cash Flow at American Express (AXP)
Operating Cash Flow for American Express (AXP): headline value $3.8B · YoY +31.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, American Express (AXP) operating cash flow totalled $18.4B – surged 31.2% year-over-year.
American Express operating cash flow has grown on net over the period, with a +26.9% compound annual growth rate over 2020–2025 (5 years).
Between 2022 and 2025, American Express operating cash flow declined 12.6%, falling from $21.1B to $18.4B.
2022 marks the peak operating cash flow at $21.1B, with the historical low of -$1.06B recorded in 1992.
American Express Operating Cash Flow by Year
American Express Operating Cash Flow 2025: $18.4B
In 2025, American Express reported operating cash flow of $18.4B, surged 31.2% from 2024.
American Express Operating Cash Flow 2024: $14.1B
American Express operating cash flow in 2024 was $14.1B, declined 24.3% below 2023.
American Express Operating Cash Flow 2023: $18.6B
2023's operating cash flow for American Express came in at $18.6B, declined 12.0% below 2022.
American Express Operating Cash Flow 2022: $21.1B
American Express posted operating cash flow of $21.1B in 2022, surged 43.9% from 2021. This figure represents the highest annual value in the available history.
American Express Operating Cash Flow 2021: $14.6B
American Express operating cash flow in 2021 was $14.6B.
See more financial history for American Express (AXP).
Sector peers by Operating Cash Flow
Financial Services peers of American Express (AXP), ranked by their latest operating cash flow
| $101B | |
| $49B | |
| $46B | |
| $23.1B | |
| $17.4B | |
| $12.6B | |
| -$19B | |
| -$45.2B |
- $101B
- $23.1B
- $17.4B
- $12.6B
- -$19B
- -$45.2B
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- Buybacks3.14% TTM
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.