Discontinued — last reported Q1 '24
Fedex Express — Payments To Acquire Productive Assets
FedEx Fedex Express — Payments To Acquire Productive Assets remained flat by 0.0% to $822.75M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 7.7%, from $763.75M to $822.75M. Over 2 years (FY 2022 to FY 2024), Fedex Express — Payments To Acquire Productive Assets shows relatively stable performance with a -4.9% CAGR.
Analysis
How to read this metric
Higher spending indicates aggressive capacity expansion or fleet modernization, while lower spending may signal capital discipline or a focus on asset utilization.
Detailed definition
This metric measures the cash outflows dedicated to the purchase of long-term tangible assets, such as aircraft, vehicle...
Peer comparison
Comparable to 'Capital Expenditures' (CapEx) reported by global shipping and logistics companies to track infrastructure investment.
fdx_segment_fedex_express_payments_to_acquire_productive_assetsHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $3.64B | $3.06B | $3.29B |
| YoY Change | — | -16.0% | +7.7% |
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Frequently Asked Questions
- What is FedEx's fedex express — payments to acquire productive assets?
- FedEx (FDX) reported fedex express — payments to acquire productive assets of $822.75M in Q1 2024.
- How has FedEx's fedex express — payments to acquire productive assets changed year-over-year?
- FedEx's fedex express — payments to acquire productive assets increased by 7.7% year-over-year, from $763.75M to $822.75M.
- What is the long-term trend for FedEx's fedex express — payments to acquire productive assets?
- Over 2 years (2022 to 2024), FedEx's fedex express — payments to acquire productive assets has grown at a -4.9% compound annual growth rate (CAGR), from $3.64B to $3.29B.
- What does fedex express — payments to acquire productive assets mean?
- Cash spent on purchasing long-term physical assets like vehicles and equipment to support business operations.