FedEx (FRA:FDX) Accumulated Depreciation : €-39,505 Mil (As of Feb. 2024)

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What is FedEx Accumulated Depreciation?

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 (€-37,430 Mil) to Nov. 2023 (€-38,576 Mil) and increased from Nov. 2023 (€-38,576 Mil) to Feb. 2024 (€-39,505 Mil).

FedEx's annual accumulated depreciation increased from May. 2021 (€-28,249 Mil) to May. 2022 (€-35,176 Mil) and increased from May. 2022 (€-35,176 Mil) to May. 2023 (€-36,732 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 Accumulated Depreciation Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accumulated Depreciation

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-25,999.31

-28,808.47

-28,249.48

-35,176.06

-36,731.92

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	Get a 7-Day Free Trial															-36,879.92	-36,731.92	-37,430.11	-38,576.08	-39,505.03

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 (FRA:FDX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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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.