American Express (AXP) Occupancy Expense (2012 - 2019)
American Express (AXP) recorded Occupancy Expense of $508 million in Q1 2019, down 2.3% from $520 million a year earlier and down 5.9% from the prior quarter.
American Express (AXP) Occupancy Expense (2012 - 2019) Analysis & Trends
On a TTM basis, American Express' Occupancy Expense came in at $2.02 billion as of Mar 31, 2019, down 2.1% year-over-year; for FY2018, it was $2.03 billion, up 0.7% from FY2017.
- Annual Occupancy Expense has a five-year compound annual growth rate of 1.3% (FY2013 to FY2018).
- Across earlier years, Occupancy Expense came in at $2.02 billion in FY2017 (+9.9%), $1.84 billion in FY2016 (-0.9%), $1.85 billion in FY2015 (+2.6%) and $1.81 billion in FY2014 (-5.1%).
- Quarterly Occupancy Expense has ranged from -$25 million in Q4 2016 to $630 million in Q3 2016 over the past five years.
- On a year-over-year basis, Occupancy Expense rose in three of the last seven quarters, with growth averaging 0.5%.
- Peak year-over-year performance for Occupancy Expense in the last five years was growth of 21.1% in Q3 2015, against a decline of 13.8% in Q3 2018 at the low end.
- Per Business Quant, the preceding three quarters came in at $540 million (Q4 2018), $489 million (Q3 2018) and $484 million (Q2 2018).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2019 | 508.00 Mn |
| Dec 31, 2018 | 540.00 Mn |
| Sep 30, 2018 | 489.00 Mn |
| Jun 30, 2018 | 484.00 Mn |
| Mar 31, 2018 | 520.00 Mn |
| Dec 31, 2017 | 493.00 Mn |
| Sep 30, 2017 | 567.00 Mn |
| Jun 30, 2017 | 484.00 Mn |
| Mar 31, 2017 | 474.00 Mn |
| Dec 31, 2016 | -25.00 Mn |
| Sep 30, 2016 | 630.00 Mn |
| Jun 30, 2016 | 438.00 Mn |
| Mar 31, 2016 | 465.00 Mn |
| Dec 31, 2015 | 482.00 Mn |
| Sep 30, 2015 | 523.00 Mn |
| Jun 30, 2015 | 415.00 Mn |
| Mar 31, 2015 | 434.00 Mn |
| Dec 31, 2014 | 446.00 Mn |
| Sep 30, 2014 | 432.00 Mn |
| Jun 30, 2014 | 467.00 Mn |
American Express Occupancy Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=occupancy-expense&ticker=AXP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "occupancy-expense", "ticker": "AXP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=occupancy-expense&ticker=AXP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();