American Express Balance Sheet
NYSE: AXPFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
American Express financial position
At the end of fiscal 2025, American Express reported total assets of $300.05 billion, up 10.5% from a year earlier against total liabilities of $266.58 billion. Shareholders' equity stood at $33.47 billion, or 11.2% of assets. The company held $3.56 billion in cash and equivalents against $57.76 billion of debt, a net debt position of $54.20 billion.
Debt-to-equity was 1.73.
Summary generated from market data by MetaCap's automated system. Methodology
American Express balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.56B | 3.41B | 7.12B | 33.37B | 21.50B | 2.98B | 3.61B | 3.25B | 5.15B | 3.28B |
| Short-Term Investments | 742.00M | 221.00M | 166.00M | 307.00M | 188.00M | 157.00M | 223.00M | 166.00M | 70.00M | — |
| Property, Plant & Equipment | 6.12B | 5.37B | 5.14B | 5.21B | 4.99B | 5.01B | 4.83B | 4.42B | 4.33B | 4.43B |
| Goodwill | 4.87B | 4.19B | 3.85B | 3.79B | 3.80B | 3.85B | 3.31B | 3.07B | 3.01B | 2.93B |
| Intangible Assets | 90.00M | 123.00M | 98.00M | 146.00M | 201.00M | 265.00M | 267.00M | 275.00M | 899.00M | 868.00M |
| Total Assets | 300.05B | 271.46B | 261.11B | 228.35B | 189.00B | 191.00B | 198.00B | 189.00B | 181.00B | 159.00B |
| Short-Term Debt | 1.37B | 1.37B | 1.29B | 1.35B | 2.24B | 1.88B | 6.44B | 3.10B | 3.28B | 5.58B |
| Long-Term Debt | 56.39B | 49.72B | 47.87B | 42.57B | 38.67B | 42.95B | 57.84B | 58.42B | 55.80B | 46.99B |
| Total Liabilities | 266.58B | 241.20B | 233.05B | 203.64B | 166.37B | 168.38B | 175.25B | 166.31B | 162.94B | 138.39B |
| Shareholders' Equity | 33.47B | 30.26B | 28.06B | 24.71B | 22.18B | 22.98B | 23.07B | 22.29B | 18.26B | 20.52B |
| Retained Earnings | 25.49B | 22.15B | 19.61B | 16.28B | 13.47B | 13.84B | 13.87B | 12.50B | 8.31B | 10.37B |
| Total Debt | 57.76B | 51.09B | 49.16B | 43.92B | 40.92B | 44.83B | 64.28B | 61.52B | 59.08B | 52.57B |
| Net Cash (Debt) | -53.46B | -47.45B | -41.88B | -10.24B | -19.23B | -41.69B | -60.44B | -58.10B | -53.86B | -49.29B |
| Shares Outstanding | 686.00M | 702.00M | 723.00M | 743.00M | 761.00M | 805.00M | 810.00M | 847.00M | 859.00M | 904.00M |
This table shows 10 annual periods of American Express's balance sheet, from FY 2025 back to FY 2016, across 14 line items including cash & equivalents, short-term investments, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow AXP's reporting calendar. What is a balance sheet?