Companies: 10,795·Total market cap: $144.5T
American Express Company

American Express Company

AXPNYSEFinancial Services● Active
$312.30
+$1.64(+0.53%)
Market Cap$213.1B
P/E Ratio—
52W High$387.49
52W Low$286.15
Cash on HandFinancialsRevenue

American Express Company (AXP) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

AXP · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$48.53B▲ +16.3% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$47.71B
cashAndCashEquivalents
Short-Term Investments
$826.0M
shortTermInvestments
YoY Change vs Prior Year
+16.3%
vs prior fiscal year
Latest Quarter
$54.05B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$48.53BCash on Hand
Total Debt$57.76BTotal Debt
Net Cash / Net Debt−$9.22BNet Debt Position
Cash vs Debt Ratio
Cash 46%Debt 54%

American Express Company carries a net debt position of $9.22B. Total debt ($57.76B) exceeds cash on hand ($48.53B). American Express Company cash vs debt ratio: 46% cash / 54% debt.

Net Cash = Cash & ST Investments − Total Debt$48.53B − $57.76B = −$9.22B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
AXP annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$48.53B+16.3%
Dec 31, 2024$41.74B-14.2%
Dec 31, 2023$48.65B+26.7%
Dec 31, 2022$38.39B+56.7%
Dec 31, 2021$24.50B-55.0%
AXP cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Financial Services Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$1.48T177.5%#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$373.31B35.5%
#3
American Express Company
American Express CompanyYOU
AXP
$48.53B22.8%
#4
Visa Inc.
Visa Inc.
V
$21.99B3.6%#5
Mastercard Incorporated
Mastercard Incorporated
MA
$10.90B2.5%
Financial Services sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

American Express Company (AXP) cash on hand as of December 31, 2025 is $48.53B, comprising $47.71B in cash and cash equivalents (CCE) plus $826.0M in short-term investments — reported as American Express Company cash and short-term investments on the balance sheet (10-K filing). Also referred to as American Express Company cash reserves or cash position.

American Express Company annual cash on hand history shows increased +16.3% in 2025: increased +16.3% in 2025. American Express Company cash reserves in 2025 reflect the company's capital allocation strategy.

American Express Company carries total debt of $57.76B against cash of $48.53B, resulting in a net debt position of -$9.22B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

AXP cash on hand · 5 questions

As of December 31, 2025, American Express Company (AXP) has $48.53B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $47.71B in cash and cash equivalents (CCE) plus $826,000,000 in short-term investments. Latest quarter (March 31, 2026): $54.05B. Data sourced from the annual 10-K filing via FMP.

AXP cash on handAXP cash reservesAXP cash 2025how much cash does AXP have

▸ Source: FMP /balance-sheet-statement · US GAAP · American Express Company · American Express Company SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025