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-over-year from $520.0 million in Q1 2018, and down 5.93% quarter-over-quarter from $540.0 million in Q4 2018.
Analysis
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.
- In Q1 2019, Rent Expense fell 2.31% year-over-year to $508.0 million; the TTM figure through Mar 2019 stood at $2.0 billion (down 2.08% YoY), while the FY2018 annual figure 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.
- 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 slumped 105.19% in 2016 and soared 2072.0% in 2017.
- Over 5 years, Rent Expense stood at $482.0 million in 2015, then sank 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.
- Per Business Quant data, the three most recent Rent Expense figures were $508.0 million in Q1 2019, $540.0 million in Q4 2018, and $489.0 million in Q3 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | 482.00 Mn |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | 316.29 Mn |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | 244.00 Mn |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | 803.00 Mn |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | 360.03 Mn |
| 10 | Schwab Charles | 181.98 Bn | 108.39 Bn | - | 301.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |