Discontinued — last reported Q1 '24

Business Segments · Payments To Acquire Productive Assets

Fedex Ground — Payments To Acquire Productive Assets

FedEx Fedex Ground — Payments To Acquire Productive Assets remained flat by 0.0% to $254.50M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 49.0%, from $498.75M to $254.50M. Over 2 years (FY 2022 to FY 2024), Fedex Ground — Payments To Acquire Productive Assets shows a downward trend with a -31.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ2 2013
Last reportedQ1 2024

How to read this metric

High spending indicates investment in future capacity, while low spending may signal a focus on cash preservation or asset maturity.

Detailed definition

Cash outflows used by the Ground segment to purchase property, plant, equipment, and other long-term assets. This reflec...

Peer comparison

Standard measure of capital intensity in the transportation and logistics industry.

Metric ID: fdx_segment_fedex_ground_payments_to_acquire_productive_assets

Historical Data

3 years
 FY'22FY'23FY'24
Value$2.14B$2.00B$1.02B
YoY Change-6.7%-49.0%
Range$1.02B$2.14B
CAGR-31.0%
Avg YoY Growth-27.9%
Median YoY Growth-27.9%
Current Streak2+ years decline

Frequently Asked Questions

What is FedEx's fedex ground — payments to acquire productive assets?
FedEx (FDX) reported fedex ground — payments to acquire productive assets of $254.50M in Q1 2024.
How has FedEx's fedex ground — payments to acquire productive assets changed year-over-year?
FedEx's fedex ground — payments to acquire productive assets decreased by 49.0% year-over-year, from $498.75M to $254.50M.
What is the long-term trend for FedEx's fedex ground — payments to acquire productive assets?
Over 2 years (2022 to 2024), FedEx's fedex ground — payments to acquire productive assets has grown at a -31.0% compound annual growth rate (CAGR), from $2.14B to $1.02B.
What does fedex ground — payments to acquire productive assets mean?
Cash spent on buying new equipment or facilities for the Ground segment.