American Express (AXP) Capital Expenditures (2010 - 2026)

American Express recorded quarterly Capital Expenditures of $1.1 billion in Q1 2026, up 59.14% quarter-over-quarter from $722.0 million in Q4 2025, and up 167.21% year-over-year from $430.0 million in Q1 2025.

American Express (AXP) Capital Expenditures (2010 - 2026) Analysis & Trends

American Express' Capital Expenditures history runs 17 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

  • In Q1 2026, Capital Expenditures rose 167.21% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $3.1 billion (up 61.65% YoY), while the FY2025 annual figure was $2.4 billion, up 26.9% from the prior year.
  • Capital Expenditures came in at $1.1 billion for Q1 2026 at American Express, up from $722.0 million 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.
  • A 5-year average of $523.7 million and a median of $452.0 million in 2022 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures declined 19.46% in 2023 and soared 167.21% in 2026, its largest moves.
  • American Express' Capital Expenditures stood at $513.0 million in 2022, then retreated by 16.96% to $426.0 million in 2023, then climbed by 16.2% to $495.0 million in 2024, then surged by 45.86% to $722.0 million in 2025, then soared by 59.14% to $1.1 billion in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $1.1 billion, $722.0 million, and $654.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Visa 539.53 Bn 527.13 Bn - 383.00 Mn
2 Mastercard 441.81 Bn 431.60 Bn - 181.00 Mn
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn 1.15 Bn
4 Capital One Financial 114.99 Bn 38.50 Bn - 553.00 Mn
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn 231.00 Mn
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn -22.29 Bn
7 Synchrony Financial 24.22 Bn 3.66 Bn - -
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn 67.55 Mn
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn -
10 Credit Acceptance 6.46 Bn 6.44 Bn 562.70 Mn 400,000.00

Historic Data

Download Data
DateValue
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
Dec 31, 2023 426.00 Mn
Dec 31, 2023 426.00 Mn