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