Discontinued — last reported Q4 '24
Business Segments · Other Asset Impairment Charges
Fedex Express — Other Asset Impairment Charges
FedEx Fedex Express — Other Asset Impairment Charges remained flat by 0.0% to $39.25M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 124.3%, from $17.5M to $39.25M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ4 2024Jul 15, 2024
Rolls up toImpairment Charges
How to read this metric
Frequent or large charges indicate poor capital allocation or rapid technological/operational obsolescence.
Detailed definition
Non-cash charges recognized when the carrying value of specific assets within the Express segment exceeds their recovera...
Peer comparison
Standard impairment reporting for asset-heavy logistics companies.
Metric ID:
fdx_segment_fedex_express_other_asset_impairment_chargesHistorical Data
2 years
| FY'23 | FY'24 | |
|---|---|---|
| Value | $70M | $157M |
| YoY Change | — | +124.3% |
Range$70M – $157M
Avg YoY Growth+124.3%
Median YoY Growth+124.3%
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Frequently Asked Questions
- What is FedEx's fedex express — other asset impairment charges?
- FedEx (FDX) reported fedex express — other asset impairment charges of $39.25M in Q1 2024.
- How has FedEx's fedex express — other asset impairment charges changed year-over-year?
- FedEx's fedex express — other asset impairment charges increased by 124.3% year-over-year, from $17.5M to $39.25M.
- What does fedex express — other asset impairment charges mean?
- Write-downs of the value of Express segment assets that are no longer worth their original book value.