FedEx (FDX) Accumulated Depreciation

: $-42,616 Mil (As of Feb. 2024)

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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

FedEx's quarterly accumulated depreciation increased from Aug. 2023 ($-40,818 Mil) to Nov. 2023 ($-41,749 Mil) and increased from Nov. 2023 ($-41,749 Mil) to Feb. 2024 ($-42,616 Mil).

FedEx's annual accumulated depreciation increased from May. 2021 ($-34,325 Mil) to May. 2022 ($-37,184 Mil) and increased from May. 2022 ($-37,184 Mil) to May. 2023 ($-39,926 Mil).

FedEx Accumulated Depreciation Historical Data

The historical data trend for FedEx's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accumulated Depreciation

-29,082.00

-31,416.00

-34,325.00

-37,184.00

-39,926.00

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accumulated Depreciation																-39,486.00	-39,926.00	-40,818.00	-41,749.00	-42,616.00

FedEx Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

FedEx Accumulated Depreciation Related Terms

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FedEx (FDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (NYSE:FDX) » Definitions » Accumulated Depreciation

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Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

Executives

John W Dietrich	officer: EVP CHIEF FINANCIAL OFF
Amy B Lane	director	1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Erwin Guy M Ii	officer: STAFF VP INT PRIN ACCT OFFICER	942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Jennifer L Johnson	officer: CVP PRIN ACCT OFFICER	942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Michael C. Lenz	officer: EVP CHIEF FINANCIAL OFF	942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Robert B Carter	officer: EVP CHIEF INFO OFFICER	942 S SHADY GROVE RD, MEMPHIS TN 38120
Tracy B Brightman	officer: EVP - Chief People Officer	942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Stephen E Gorman	director	370 KNOLLWOOD STREET, SUITE 500, WINSTON SALEM NC 27103
Susan C Schwab	director	2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith	officer: President/CEO FedEx Express	3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
Frederick W Smith	director, officer: CHAIRMAN OF THE BOARD	942 S SHADY GROVE RD, MEMPHIS TN 38120
Brie Carere	officer: EVP/Chief Mkt & Comm Officer	942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner	director	1001 FANNIN ST, STE 4000, HOUSTON TX 77002
R Brad Martin	director
Paul S Walsh	director	8 HENRIETTA PLACE, LONDON X0 94111