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
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