American Express Company (TSX:AXP)
Canada · Delayed Price · Currency is CAD 26.55
+0.15 (0.57%)
Oct 26, 2026, 3:57 PM EDT
American Express Company Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 12,256 | 10,833 | 10,129 | 8,374 | 7,514 | 8,060 |
Depreciation & Amortization | 1,912 | 1,777 | 1,676 | 1,651 | 1,626 | 1,695 |
Provision for Credit Losses | 4,734 | 5,256 | 5,185 | 4,923 | 2,182 | -1,419 |
Stock-Based Compensation | 636 | 551 | 504 | 450 | 375 | 330 |
Net Decrease (Increase) in Loans Originated / Sold - Operating | -74 | -74 | - | 5 | - | - |
Change in Accounts Payable | 3,952 | 3,645 | -2,897 | 5,065 | 8,815 | 5,389 |
Change in Other Net Operating Assets | -2,746 | -2,781 | 1,007 | -1,244 | 1,391 | 1,068 |
Other Operating Activities | -2,062 | -779 | -1,023 | -665 | -824 | -478 |
Operating Cash Flow | 17,626 | 18,428 | 14,050 | 18,559 | 21,079 | 14,645 |
Operating Cash Flow Growth | -16.62% | 31.16% | -24.30% | -11.96% | 43.93% | 161.94% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3,717 | -2,426 | -1,917 | -1,565 | -1,856 | -1,638 |
Sale of Property, Plant & Equipment | 1 | 1 | 6 | 2 | 1 | 88 |
Cash Acquisitions | -524 | -633 | -454 | -64 | -15 | - |
Divestitures | - | - | 594 | - | - | 1 |
Investment in Securities | -4,352 | -260 | 628 | 2,318 | -2,257 | 18,577 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -18,239 | -19,573 | -23,259 | -25,124 | -29,562 | -27,557 |
Investing Cash Flow | -26,831 | -22,891 | -24,402 | -24,433 | -33,689 | -10,529 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 207 | - | - | 461 |
Long-Term Debt Issued | - | 24,377 | 12,602 | 15,674 | 23,230 | 7,788 |
Total Debt Issued | 12,896 | 24,377 | 12,809 | 15,674 | 23,230 | 8,249 |
Short-Term Debt Repaid | - | -27 | - | -105 | -706 | - |
Long-Term Debt Repaid | - | -18,157 | -10,759 | -10,703 | -18,906 | -11,662 |
Total Debt Repaid | -11,251 | -18,184 | -10,759 | -10,808 | -19,612 | -11,662 |
Net Debt Issued (Repaid) | 1,645 | 6,193 | 2,050 | 4,866 | 3,618 | -3,413 |
Issuance of Preferred Stock | 1,584 | - | - | - | - | 1,584 |
Preferred Share Repurchases | -1,600 | - | - | - | - | -1,600 |
Issuance of Common Stock | 23 | 57 | 100 | 28 | 56 | 64 |
Repurchase of Common Stock | -6,704 | -5,814 | -6,020 | -3,650 | -3,502 | -7,652 |
Common Dividends Paid | - | - | -1,999 | - | - | - |
Total Dividends Paid | -2,499 | -2,271 | -1,999 | -1,780 | -1,565 | -1,448 |
Other Financing Activities | 5,052 | 13,045 | 10,305 | 18,915 | 25,902 | -2,468 |
Financing Cash Flow | -2,499 | 11,210 | 4,436 | 18,379 | 24,509 | -14,933 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 201 | 405 | -40 | 177 | -13 | -120 |
Net Cash Flow | -11,503 | 7,152 | -5,956 | 12,682 | 11,886 | -10,937 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 13,909 | 16,002 | 12,133 | 16,994 | 19,223 | 13,007 |
Free Cash Flow Growth | -26.55% | 31.89% | -28.60% | -11.59% | 47.79% | 216.32% |
Free Cash Flow Margin | 19.09% | 23.89% | 19.97% | 30.57% | 37.93% | 29.70% |
Free Cash Flow Per Share | 20.38 | 22.99 | 17.02 | 23.09 | 25.56 | 16.46 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 8,000 | 8,000 | 8,200 | 6,400 | 2,200 | 1,100 |
Cash Income Tax Paid | 3,200 | 3,200 | 3,600 | 3,300 | 3,000 | 1,600 |