Discontinued — last reported Q4 '24
Business Segments · Goodwill Changes
Fedex Express — Goodwill Changes
FedEx Fedex Express — Goodwill Changes remained flat by 0.0% to -$3.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 83.3%, from -$18.00M to -$3.00M. Over 3 years (FY 2021 to FY 2024), Fedex Express — Goodwill Changes shows a downward trend with a -70.6% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ4 2024Jul 15, 2024
Rolls up toOther operating expenses
How to read this metric
Frequent fluctuations may indicate exposure to foreign currency volatility or ongoing adjustments to past acquisition accounting.
Detailed definition
Captures adjustments to the Express segment's goodwill balance resulting from factors other than standard impairment, su...
Peer comparison
Often found in segment reconciliation tables for multinational corporations.
Metric ID:
fdx_segment_fedex_express_goodwill_other_increase_decreaseHistorical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $471.00M | -$433.00M | -$72.00M | -$12.00M |
| YoY Change | — | -191.9% | +83.4% | +83.3% |
Range-$433.00M – $471.00M
CAGR-70.6%
Avg YoY Growth-8.4%
Median YoY Growth+83.3%
Current Streak2 years growth
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Frequently Asked Questions
- What is FedEx's fedex express — goodwill changes?
- FedEx (FDX) reported fedex express — goodwill changes of -$3.00M in Q1 2024.
- How has FedEx's fedex express — goodwill changes changed year-over-year?
- FedEx's fedex express — goodwill changes increased by 83.3% year-over-year, from -$18.00M to -$3.00M.
- What is the long-term trend for FedEx's fedex express — goodwill changes?
- Over 3 years (2021 to 2024), FedEx's fedex express — goodwill changes has grown at a -70.6% compound annual growth rate (CAGR), from $471.00M to -$12.00M.
- What does fedex express — goodwill changes mean?
- Changes to the Express segment's goodwill balance caused by non-impairment factors like currency fluctuations.