Accumulated Depreciation
American Express Accumulated Depreciation increased by 3.3% to $12.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $11.13B to $12.44B. Over 3 years (FY 2022 to FY 2025), Accumulated Depreciation shows an upward trend with a 6.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
ppe_accumulated_depreciationHistorical Data
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.85B | $10.23B | $10.59B | $9.59B | $9.91B | $10.21B | $10.53B | $10.87B | $10.74B | $11.13B | $11.37B | $11.75B | $12.04B | $12.44B |
| QoQ Change | — | +3.9% | +3.5% | -9.5% | +3.4% | +3.0% | +3.1% | +3.2% | -1.2% | +3.6% | +2.1% | +3.4% | +2.4% | +3.3% |
| YoY Change | — | — | — | — | +0.6% | -0.2% | -0.6% | +13.3% | +8.4% | +9.0% | +7.9% | +8.2% | +12.1% | +11.8% |
| % of PP&E (Net) | 188.9% | 196.6% | 204.6% | 187.1% | 192.9% | 198.7% | 200.7% | 204.7% | 199.9% | 206.8% | 200.8% | 200.5% | 196.8% | 171.8% |
| Share Change | — | +7.8pp | +8.0pp | -17.5pp | +5.8pp | +5.8pp | +2.0pp | +4.0pp | -4.8pp | +6.8pp | -6.0pp | -0.2pp | -3.8pp | -24.9pp |
Accumulated Depreciation at Other Companies
Frequently Asked Questions
- What is American Express's accumulated depreciation?
- American Express (AXP) reported accumulated depreciation of $12.44B in Q1 2026.
- How has American Express's accumulated depreciation changed year-over-year?
- American Express's accumulated depreciation increased by 11.8% year-over-year, from $11.13B to $12.44B.
- What is the long-term trend for American Express's accumulated depreciation?
- Over 3 years (2022 to 2025), American Express's accumulated depreciation has grown at a 6.9% compound annual growth rate (CAGR), from $9.85B to $12.04B.
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.