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

American Express' (AXP) quarterly Rent Expense came in at $508.0 million in Q1 2019, down 2.31% year-on-year from $520.0 million in Q1 2018, and down 5.93% quarter-over-quarter from $540.0 million in Q4 2018.

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

American Express has disclosed Rent Expense across 8 years of filings, most recently posting $508.0 million for Q1 2019.

  • Rent Expense for Q1 2019 came in at $508.0 million, down 2.31% year-over-year; the trailing twelve-month figure through Mar 2019 was $2.0 billion (down 2.08% YoY), and the FY2018 annual result was $2.0 billion, up 0.74% from the prior year.
  • Rent Expense came in at $508.0 million for Q1 2019 at American Express, down from $540.0 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $630.0 million in Q3 2016 to a low of -$25.0 million in Q4 2016.
  • The 5-year median for Rent Expense is $484.0 million (2017), against an average of $465.9 million.
  • Across the five-year window, Rent Expense tumbled 105.19% in 2016 and surged 2072.0% in 2017, its largest moves.
  • American Express' Rent Expense stood at $482.0 million in 2015, then tumbled by 105.19% to -$25.0 million in 2016, then soared by 2072.0% to $493.0 million in 2017, then advanced by 9.53% to $540.0 million in 2018, then decreased by 5.93% to $508.0 million in 2019.
  • The last three Rent Expense figures came in at $508.0 million (Q1 2019), $540.0 million (Q4 2018), and $489.0 million (Q3 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Visa 541.66 Bn 529.25 Bn - -
2 Mastercard 437.55 Bn 427.34 Bn - -
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn -
4 Capital One Financial 112.47 Bn 35.97 Bn - 867.00 Mn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn -
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn -
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn -

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