American Express Company (AXP) FCF Payout Ratio: 16.55%
Is American Express Company’s FCF payout ratio high or low?
American Express Company's FCF payout ratio of 16.55% is in line with its 5-year average of 16.03%, around the middle of its 5-year range (8.14%–35.84%).
7.96% above its 12-month average of 15.33%.
AXP FCF Payout Ratio Chart
AXP Average FCF Payout Ratio Chart
AXP Current vs Average FCF Payout Ratio Chart
AXP FCF Payout Ratio Metrics
FCF PAYOUT RATIO
16.55%
FCF PAYOUT RATIO AVG TTM
15.33%
FCF PAYOUT RATIO AVG 3Y
12.32%
FCF PAYOUT RATIO AVG 5Y
16.03%
FCF PAYOUT RATIO AVG 10Y
15.02%
FCF PAYOUT RATIO AVG 15Y
13.93%
FCF PAYOUT RATIO AVG 20Y
13.13%
CURRENT VS TTM AVG
+7.96%
CURRENT VS 3Y AVG
+34.35%
CURRENT VS 5Y AVG
+3.26%
CURRENT VS 10Y AVG
+10.18%
CURRENT VS 15Y AVG
+18.82%
CURRENT VS 20Y AVG
+26.03%
Payout Ratio Comparison
FCF Payout Ratio
16.6%
Earnings Payout Ratio
22.1%
Dividend Yield
1.09%
FCF Yield
6.71%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $16.00B | $2.27B | 14.2% |
| 2024 | $12.14B | $2.00B | 16.5% |
| 2023 | $17.00B | $1.78B | 10.5% |
| 2022 | $19.22B | $1.56B | 8.1% |
| 2021 | $13.10B | $1.45B | 11.1% |
| 2020 | $4.11B | $1.47B | 35.8% |
| 2019 | $11.99B | $1.42B | 11.9% |
| 2018 | $7.62B | $1.32B | 17.4% |
| 2017 | $12.48B | $1.25B | 10.0% |
| 2016 | $6.85B | $1.21B | 17.6% |
| 2015 | $9.63B | $1.17B | 12.2% |
| 2014 | $9.79B | $1.04B | 10.6% |
| 2013 | $7.54B | $939.00M | 12.5% |
| 2012 | $6.03B | $902.00M | 15.0% |
| 2011 | $9.29B | $861.00M | 9.3% |
| 2010 | $8.40B | $867.00M | 10.3% |
| 2009 | $5.61B | $924.00M | 16.5% |
| 2008 | $7.69B | $836.00M | 10.9% |
| 2007 | $7.55B | $712.00M | 9.4% |
| 2006 | $8.14B | $661.00M | 8.1% |
| 2005 | $7.44B | $597.00M | 8.0% |
| 2004 | $8.40B | $535.00M | 6.4% |
| 2003 | $1.52B | $471.00M | 31.0% |
| 2002 | $8.00B | $430.00M | 5.4% |
| 2001 | $4.46B | $424.00M | 9.5% |
| 2000 | $5.43B | $421.00M | 7.7% |
| 1999 | $6.57B | $404.00M | 6.2% |
| 1998 | $3.55B | $414.00M | 11.7% |
| 1997 | $4.83B | $423.00M | 8.8% |
| 1996 | $4.50B | $436.00M | 9.7% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
American Express Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Express Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for American Express Company (AXP)?
- The FCF payout ratio for AXP stock is 16.55%.
- Is American Express Company's FCF payout ratio high or low?
- American Express Company's FCF payout ratio of 16.55% is in line with its 5-year average of 16.03%, around the middle of its 5-year range (8.14%–35.84%).
- What is the TTM average FCF payout ratio for American Express Company (AXP)?
- The TTM average FCF payout ratio for AXP stock is 15.33%.
- What is the 3Y average FCF payout ratio for American Express Company (AXP)?
- The 3Y average FCF payout ratio for AXP stock is 12.32%.
- What is the 5Y average FCF payout ratio for American Express Company (AXP)?
- The 5Y average FCF payout ratio for AXP stock is 16.03%.
- What is the 10Y average FCF payout ratio for American Express Company (AXP)?
- The 10Y average FCF payout ratio for AXP stock is 15.02%.
- What is the 15Y average FCF payout ratio for American Express Company (AXP)?
- The 15Y average FCF payout ratio for AXP stock is 13.93%.
- What is the 20Y average FCF payout ratio for American Express Company (AXP)?
- The 20Y average FCF payout ratio for AXP stock is 13.13%.
American Express Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 14.19% |
| 2024-12-31 | 16.47% |
| 2023-12-31 | 10.47% |
| 2022-12-31 | 8.14% |
| 2021-12-31 | 11.06% |
| 2020-12-31 | 35.84% |
| 2019-12-31 | 11.86% |
| 2018-12-31 | 17.38% |
| 2017-12-31 | 10.03% |
| 2016-12-31 | 17.62% |
| 2015-12-31 | 12.17% |
| 2014-12-31 | 10.63% |
| 2013-12-31 | 12.45% |
| 2012-12-31 | 14.96% |
| 2011-12-31 | 9.27% |
| 2010-12-31 | 10.32% |
| 2009-12-31 | 16.46% |
| 2008-12-31 | 10.87% |
| 2007-12-31 | 9.44% |
| 2006-12-31 | 8.12% |
| 2005-12-31 | 8.03% |
| 2004-12-31 | 6.37% |
| 2003-12-31 | 31.05% |
| 2002-12-31 | 5.37% |
| 2001-12-31 | 9.50% |
| 2000-12-31 | 7.75% |
| 1999-12-31 | 6.15% |
| 1998-12-31 | 11.66% |
| 1997-12-31 | 8.76% |
| 1996-12-31 | 9.69% |
About American Express Company
Operating globally, American Express Company and its affiliated entities deliver a comprehensive suite of charge and credit payment card solutions, alongside a variety of travel-related offerings. Its business structure is organized into three primary divisions: the Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Among its core offerings are diverse payment and financing instruments, robust network infrastructure services, tools for managing accounts payable expenses, and comprehensive travel and lifestyle support. Furthermore, it facilitates merchant services such as acquisition, transaction processing, settlement, and point-of-sale marketing, providing vital information and assistance to businesses. The company also specializes in fraud mitigation and developing and managing customer loyalty initiatives. These products and services are made available to a broad clientele, encompassing individual consumers, small and mid-sized enterprises, and large corporate entities. Distribution channels include digital platforms (mobile and online applications), collaborations with third-party vendors and partners, direct communication methods like mail and telephone, dedicated internal sales forces, and direct response advertising campaigns. Established in 1850, American Express Company maintains its corporate headquarters in New York, New York.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Stephen Joseph Squeri