Discontinued — last reported Q4 '17

Non-Current Assets

Goodwill

FedEx Goodwill increased by 2.0% to $6.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.7%, from $6.33B to $6.76B. Over 5 years (FY 2021 to FY 2026), Goodwill shows relatively stable performance with a -0.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2017

How to read this metric

High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...

Peer comparison

Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.

Metric ID: goodwill

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$6.99B$6.84B$6.70B$6.76B$6.54B$6.32B$6.38B$6.46B$6.44B$6.42B$6.47B$6.43B$6.42B$6.51B$6.29B$6.33B$6.60B$6.67B$6.63B$6.76B
QoQ Change-2.1%-2.1%+0.8%-3.1%-3.5%+1.0%+1.2%-0.3%-0.2%+0.7%-0.7%-0.0%+1.4%-3.4%+0.7%+4.3%+1.0%-0.7%+2.0%
YoY Change-6.4%-7.7%-4.8%-4.4%-1.7%+1.7%+1.4%-0.5%-0.2%+1.4%-2.8%-1.4%+2.8%+2.5%+5.3%+6.7%
Range$6.29B$6.99B
CAGR-0.7%
Avg YoY Growth-0.5%
Median YoY Growth-0.3%

Business Segments

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Frequently Asked Questions

What is FedEx's goodwill?
FedEx (FDX) reported goodwill of $6.76B in Q1 2026.
How has FedEx's goodwill changed year-over-year?
FedEx's goodwill increased by 6.7% year-over-year, from $6.33B to $6.76B.
What is the long-term trend for FedEx's goodwill?
Over 5 years (2021 to 2026), FedEx's goodwill has grown at a -0.6% compound annual growth rate (CAGR), from $6.98B to $6.76B.
What does goodwill mean?
The premium paid for an acquisition above the value of its tangible and identifiable assets.