Non-Current Assets

PP&E (Net)

American Express PP&E (Net) increased by 18.3% to $7.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.5%, from $5.38B to $7.24B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 4.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.89B$4.96B$4.99B$5.05B$5.09B$5.10B$5.22B$5.20B$5.18B$5.12B$5.14B$5.14B$5.25B$5.31B$5.37B$5.38B$5.66B$5.86B$6.12B$7.24B
QoQ Change+1.4%+0.6%+1.2%+0.9%+0.0%+2.4%-0.2%-0.5%-1.0%+0.3%+0.0%+2.1%+1.2%+1.2%+0.2%+5.2%+3.5%+4.4%+18.3%
YoY Change+4.1%+2.7%+4.6%+3.1%+1.6%+0.6%-1.5%-1.3%+1.4%+3.6%+4.5%+4.8%+7.9%+10.4%+13.9%+34.5%
Range$4.89B$7.24B
CAGR+8.6%
Avg YoY Growth+5.9%
Median YoY Growth+3.9%
Current Streak10 quarters growth

Frequently Asked Questions

What is American Express's pp&e (net)?
American Express (AXP) reported pp&e (net) of $7.24B in Q1 2026.
How has American Express's pp&e (net) changed year-over-year?
American Express's pp&e (net) increased by 34.5% year-over-year, from $5.38B to $7.24B.
What is the long-term trend for American Express's pp&e (net)?
Over 5 years (2020 to 2025), American Express's pp&e (net) has grown at a 4.1% compound annual growth rate (CAGR), from $5.02B to $6.12B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.