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 has reported Rent Expense for 8 years, with the latest figure 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.
- Over five years, Rent Expense peaked at $630.0 million in Q3 2016 and troughed at -$25.0 million in Q4 2016.
- A 5-year average of $465.9 million and a median of $484.0 million in 2017 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2016 and 2017: Rent Expense tumbled 105.19% in 2016, then jumped 2072.0% in 2017.
- Over 5 years, Rent Expense stood at $482.0 million in 2015, then tumbled by 105.19% to -$25.0 million in 2016, then surged by 2072.0% to $493.0 million in 2017, then grew by 9.53% to $540.0 million in 2018, then dropped by 5.93% to $508.0 million in 2019.
- According to Business Quant data, Rent Expense over the past three periods registered $508.0 million, $540.0 million, and $489.0 million for Q1 2019, Q4 2018, and Q3 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | - |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 969.00 Mn |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | - |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | - |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 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 |