Accumulated Depreciation

Non-Current Assets

American Express Accumulated Depreciation increased by 3.4% to $11.75B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $10.87B to $11.75B. Over 2 years (FY 2022 to FY 2024), Accumulated Depreciation shows relatively stable performance with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2008
Last reportedQ3 2025
Parent metricPP&E (Net)

How to read this metric

A high ratio of accumulated depreciation to gross PP&E may indicate an aging asset base requiring future capital expenditure.

Detailed definition

This is the cumulative amount of depreciation expense charged against fixed assets since their acquisition. It represent...

Peer comparison

Standard accounting metric; essential for evaluating the lifecycle stage of industrial assets.

Metric ID: ppe_accumulated_depreciation

Historical Data

12 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
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
QoQ Change+3.9%+3.5%-9.5%+3.4%+3.0%+3.1%+3.2%-1.2%+3.6%+2.1%+3.4%
YoY Change+0.6%-0.2%-0.6%+13.3%+8.4%+9.0%+7.9%+8.2%
% 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%
Share Change+7.8pp+8.0pp-17.5pp+5.8pp+5.8pp+2.0pp+4.0pp-4.8pp+6.8pp-6.0pp-0.2pp
Range$9.59B$11.75B
CAGR+6.6%
Avg YoY Growth+5.8%
Median YoY Growth+8.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is American Express's accumulated depreciation?
American Express (AXP) reported accumulated depreciation of $11.75B in Q3 2025.
How has American Express's accumulated depreciation changed year-over-year?
American Express's accumulated depreciation increased by 8.2% year-over-year, from $10.87B to $11.75B.
What is the long-term trend for American Express's accumulated depreciation?
Over 2 years (2022 to 2024), American Express's accumulated depreciation has grown at a 4.4% compound annual growth rate (CAGR), from $9.85B to $10.74B.
What does accumulated depreciation mean?
The total amount of depreciation recorded for all assets since they were purchased.

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