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

American Express (AXP) posted Rent Expense of $508.0 million for Q1 2019, down 5.93% sequentially from $540.0 million in Q4 2018, and down 2.31% YoY from $520.0 million in Q1 2018.

American Express (AXP) Rent Expense (2012 - 2019) Analysis & Trends

American Express (AXP) has 8 years of Rent Expense data on file, last reported at $508.0 million in Q1 2019.

  • Quarterly Rent Expense fell 2.31% year-over-year to $508.0 million in Q1 2019, while the trailing twelve-month figure through Mar 2019 was $2.0 billion (down 2.08% YoY) and the FY2018 annual result came in at $2.0 billion, up 0.74% from the prior year.
  • Rent Expense fell to $508.0 million in Q1 2019 per AXP's latest filing, from $540.0 million in the prior quarter.
  • The five-year high for Rent Expense was $630.0 million in Q3 2016, with the low at -$25.0 million in Q4 2016.
  • Average Rent Expense over 5 years is $465.9 million, with a median of $484.0 million recorded in 2017.
  • Year-over-year, Rent Expense sank 105.19% in 2016 and soared 2072.0% in 2017.
  • American Express' Rent Expense stood at $482.0 million in 2015, then plunged by 105.19% to -$25.0 million in 2016, then soared by 2072.0% to $493.0 million in 2017, then increased by 9.53% to $540.0 million in 2018, then declined by 5.93% to $508.0 million in 2019.
  • Business Quant data shows AXP's Rent Expense at $508.0 million in Q1 2019, $540.0 million in Q4 2018, and $489.0 million in Q3 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn -
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2019 508.00 Mn
Mar 31, 2019 508.00 Mn
Dec 31, 2018 540.00 Mn
Dec 31, 2018 540.00 Mn
Sep 30, 2018 489.00 Mn
Sep 30, 2018 489.00 Mn
Jun 30, 2018 484.00 Mn
Jun 30, 2018 484.00 Mn
Mar 31, 2018 520.00 Mn
Mar 31, 2018 520.00 Mn
Dec 31, 2017 493.00 Mn
Dec 31, 2017 493.00 Mn
Sep 30, 2017 567.00 Mn
Sep 30, 2017 567.00 Mn
Jun 30, 2017 484.00 Mn
Jun 30, 2017 484.00 Mn
Mar 31, 2017 474.00 Mn
Mar 31, 2017 474.00 Mn
Dec 31, 2016 -25.00 Mn
Dec 31, 2016 -25.00 Mn