American Express AXP
NYSE AXP
$320.60 +2.45 (+0.77%)
At close: Nov 13, 2026 · 4:00 PM EST

American Express (AXP) Occupancy Expense (2012 - 2019)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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