Discontinued — last reported Q1 '24
FedEx Fedex Ground — D&A remained flat by 0.0% to $279.75M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $255.00M to $279.75M. Over 2 years (FY 2022 to FY 2024), Fedex Ground — D&A shows an upward trend with a 10.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase often correlates with heavy capital investment in fleet or infrastructure expansion.
The non-cash expense allocated to the Ground segment to account for the wear and tear of physical assets like vehicles a...
High for asset-heavy logistics firms; comparable to depreciation in other transportation segments.
fdx_segment_fedex_ground_depreciation_depletion_and_amortization| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $919.00M | $1.02B | $1.12B |
| YoY Change | — | +11.0% | +9.7% |