American Express (AXP) Capital Expenditures (2010 - 2026)
American Express' (AXP) quarterly Capital Expenditures came in at $898.0 million in Q2 2026, up 45.07% year-over-year from $619.0 million in Q2 2025, and down 21.85% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
American Express (AXP) Capital Expenditures (2010 - 2026) Analysis & Trends
American Express has disclosed Capital Expenditures across 17 years of filings, most recently posting $898.0 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 45.07% year-over-year to $898.0 million; the TTM figure through Jun 2026 stood at $3.4 billion (up 71.24% YoY), while the FY2025 annual figure was $2.4 billion, up 26.9% from the prior year.
- Capital Expenditures came in at $898.0 million for Q2 2026 at American Express, down from $1.1 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $1.1 billion in Q1 2026 to a low of $360.0 million in Q1 2023.
- Average Capital Expenditures over 5 years is $544.5 million, with a median of $453.5 million recorded in 2022.
- Year-over-year, Capital Expenditures declined 19.46% in 2023 and soared 167.21% in 2026.
- Over 5 years, Capital Expenditures stood at $513.0 million in 2022, then fell by 16.96% to $426.0 million in 2023, then advanced by 16.2% to $495.0 million in 2024, then jumped by 45.86% to $722.0 million in 2025, then increased by 24.38% to $898.0 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $898.0 million in Q2 2026, $1.1 billion in Q1 2026, and $722.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | - |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 819.00 Mn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | - |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 502.00 Mn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | - |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 898.00 Mn |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | -190.11 Bn |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | -10.04 Bn |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 185.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 898.00 Mn |
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 722.00 Mn |
| Sep 30, 2025 | 654.00 Mn |
| Jun 30, 2025 | 619.00 Mn |
| Mar 31, 2025 | 430.00 Mn |
| Dec 31, 2024 | 495.00 Mn |
| Sep 30, 2024 | 455.00 Mn |
| Jun 30, 2024 | 565.00 Mn |
| Mar 31, 2024 | 396.00 Mn |
| Dec 31, 2023 | 426.00 Mn |
| Sep 30, 2023 | 401.00 Mn |
| Jun 30, 2023 | 376.00 Mn |
| Mar 31, 2023 | 360.00 Mn |
| Dec 31, 2022 | 513.00 Mn |
| Sep 30, 2022 | 443.00 Mn |
| Jun 30, 2022 | 452.00 Mn |
| Mar 31, 2022 | 447.00 Mn |
| Dec 31, 2021 | 471.00 Mn |
| Sep 30, 2021 | 470.00 Mn |