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| Date | Value |
|---|---|
| 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 |