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AXP (American Express Co) Cyclically Adjusted Price-to-FCF : 18.41 (As of Jul. 15, 2025)


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What is American Express Co Cyclically Adjusted Price-to-FCF?

As of today (2025-07-15), American Express Co's current share price is $310.65. American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $16.87. American Express Co's Cyclically Adjusted Price-to-FCF for today is 18.41.

The historical rank and industry rank for American Express Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AXP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.34   Med: 12.56   Max: 19.73
Current: 19.02

During the past years, American Express Co's highest Cyclically Adjusted Price-to-FCF was 19.73. The lowest was 7.34. And the median was 12.56.

AXP's Cyclically Adjusted Price-to-FCF is ranked worse than
72.32% of 112 companies
in the Credit Services industry
Industry Median: 7.895 vs AXP: 19.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

American Express Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $6.174. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $16.87 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Express Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Express Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Express Co Cyclically Adjusted Price-to-FCF Chart

American Express Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.83 15.03 10.94 12.18 18.22

American Express Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.24 14.05 17.18 18.22 15.94

Competitive Comparison of American Express Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, American Express Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Express Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, American Express Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where American Express Co's Cyclically Adjusted Price-to-FCF falls into.


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American Express Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

American Express Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=310.65/16.87
=18.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Express Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, American Express Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.174/134.9266*134.9266
=6.174

Current CPI (Mar. 2025) = 134.9266.

American Express Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.805 100.684 2.419
201509 3.257 100.392 4.377
201512 2.472 99.792 3.342
201603 2.313 100.470 3.106
201606 0.344 101.688 0.456
201609 1.544 101.861 2.045
201612 3.224 101.863 4.270
201703 0.978 102.862 1.283
201706 3.206 103.349 4.186
201709 4.566 104.136 5.916
201712 5.425 104.011 7.037
201803 2.121 105.290 2.718
201806 3.172 106.317 4.026
201809 5.524 106.507 6.998
201812 -1.982 105.998 -2.523
201903 9.726 107.251 12.236
201906 2.916 108.070 3.641
201909 -1.711 108.329 -2.131
201912 3.393 108.420 4.223
202003 -3.161 108.902 -3.916
202006 2.206 108.767 2.737
202009 2.270 109.815 2.789
202012 3.801 109.897 4.667
202103 2.436 111.754 2.941
202106 3.560 114.631 4.190
202109 4.755 115.734 5.544
202112 5.900 117.630 6.768
202203 4.529 121.301 5.038
202206 5.056 125.017 5.457
202209 5.427 125.227 5.847
202212 10.573 125.222 11.392
202303 -0.992 127.348 -1.051
202306 4.788 128.729 5.019
202309 10.700 129.860 11.118
202312 8.725 129.419 9.096
202403 7.141 131.776 7.312
202406 5.533 132.554 5.632
202409 -3.197 133.029 -3.243
202412 7.504 133.157 7.604
202503 6.174 134.927 6.174

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


American Express Co  (NYSE:AXP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


American Express Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of American Express Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


American Express Co Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
Executives
Rafael Marquez officer: President, International Card 200 VESEY STREET, NEW YORK NY 10285
Raymond Joabar officer: CRO and Pres., GRBC 200 VESEY STREET, NEW YORK NY 10285
Howard Grosfield officer: President, U.S. Consumer Serv 200 VESEY STREET, NEW YORK NY 10285
Anna Marrs officer: Pres., Global Comm. Services 200 VESEY STREET, NEW YORK NY 10285
Quinn Jessica Lieberman officer: Controller 200 VESEY STREET, NEW YORK NY 10285
Stephen J Squeri officer: EVP, Chief Information Officer 200 VESEY STREET, NEW YORK NY 10285
Ravikumar Radhakrishnan officer: Chief Information Officer 200 VESEY STREET, NEW YORK NY 10285
Denise Pickett officer: CRO and President, GRBC Group 200 VESEY STREET, NEW YORK NY 10285
Caillec Christophe Le officer: Chief Financial Officer 200 VESEY STREET, NEW YORK NY 10285
Monique Herena officer: Chief Human Resources Officer 225 LIBERTY STREET, NEW YORK NY 10286
Douglas E. Buckminster officer: Pres, Int'l Consumer & SBS 200 VESEY STREET, M/S 01-50-01, NEW YORK NY 10285
Anre D Williams officer: Pres. Global Merchant Services 200 VESEY STREET, NEW YORK NY 10285
Jennifer Skyler officer: Chief Corp. Affairs Officer 200 VESEY STREET, NEW YORK NY 10285
Laureen Seeger officer: General Counsel C/O MCKESSON CORPORATION, ONE POST STREET - 33RD FLOOR, SAN FRANCISCO CA 94104
Jeffrey C Campbell officer: EVP, Chief Financial Officer 4333 AMON CARTER BLVD, FORT WORTH TX 76155