American Express (AXP) Capital Expenditures (2010 - 2026)
American Express (AXP) posted Capital Expenditures of $898.0 million for Q2 2026, down 21.85% sequentially from $1.1 billion in Q1 2026, and up 45.07% YoY from $619.0 million in Q2 2025.
Analysis
American Express (AXP) Capital Expenditures (2010 - 2026) Analysis & Trends
American Express has reported Capital Expenditures for 17 years, with the latest figure at $898.0 million in Q2 2026.
- Quarterly Capital Expenditures rose 45.07% year-over-year to $898.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.4 billion (up 71.24% YoY) and the FY2025 annual result came in at $2.4 billion, up 26.9% from the prior year.
- Capital Expenditures declined to $898.0 million in Q2 2026 per AXP's latest filing, from $1.1 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.1 billion in Q1 2026 and troughed at $360.0 million in Q1 2023.
- A 5-year average of $544.5 million and a median of $453.5 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2026: Capital Expenditures fell 19.46% in 2023, then jumped 167.21% in 2026.
- Over 5 years, Capital Expenditures stood at $513.0 million in 2022, then decreased by 16.96% to $426.0 million in 2023, then grew by 16.2% to $495.0 million in 2024, then soared by 45.86% to $722.0 million in 2025, then gained by 24.38% to $898.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $898.0 million, $1.1 billion, and $722.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 417.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 264.00 Mn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 898.00 Mn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 367.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 208.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 13.26 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | - |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 96.57 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 93.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 898.00 Mn |
| Jun 30, 2026 | 898.00 Mn |
| Mar 31, 2026 | 1.15 Bn |
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 722.00 Mn |
| Dec 31, 2025 | 722.00 Mn |
| Sep 30, 2025 | 654.00 Mn |
| Sep 30, 2025 | 654.00 Mn |
| Jun 30, 2025 | 619.00 Mn |
| Jun 30, 2025 | 619.00 Mn |
| Mar 31, 2025 | 430.00 Mn |
| Mar 31, 2025 | 430.00 Mn |
| Dec 31, 2024 | 495.00 Mn |
| Dec 31, 2024 | 495.00 Mn |
| Sep 30, 2024 | 455.00 Mn |
| Sep 30, 2024 | 455.00 Mn |
| Jun 30, 2024 | 565.00 Mn |
| Jun 30, 2024 | 565.00 Mn |
| Mar 31, 2024 | 396.00 Mn |
| Mar 31, 2024 | 396.00 Mn |