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Discontinued — last reported Q4 '24

Business Segments · Goodwill

Fedex Express — Goodwill

FedEx Fedex Express — Goodwill decreased by 0.2% to $4.84B in Q1 2024 compared to the prior quarter.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2024Jul 15, 2024
Rolls up toGoodwill

How to read this metric

A decrease often signals an impairment charge due to declining segment performance or market conditions.

Detailed definition

The net carrying value of goodwill for the Express segment after accounting for any impairment charges. It represents th...

Peer comparison

Commonly reported as 'Goodwill' in segment notes for diversified transportation companies.

Metric ID: fdx_segment_fedex_express_goodwill

Historical Data

4 periods
 Q4 '21Q4 '22Q4 '23Q4 '24
Value$5.36B$4.93B$4.85B$4.84B
QoQ Change-8.1%-1.5%-0.2%
YoY Change-8.1%-1.5%-0.2%
Range$4.84B$5.36B
Avg YoY Growth-3.3%
Median YoY Growth-1.5%
Current Streak3+ quarters decline

Frequently Asked Questions

What is FedEx's fedex express — goodwill?
FedEx (FDX) reported fedex express — goodwill of $4.84B in Q1 2024.
What does fedex express — goodwill mean?
The current net value of goodwill attributed to the Express segment.