FedEx (WBO:FDX) Other Operating Expense : €11,960 Mil (TTM As of Feb. 2024)

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What is FedEx Other Operating Expense?

FedEx's Other Operating Expense for the three months ended in Feb. 2024 was €2,950 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2024 was €11,960 Mil.

FedEx's quarterly Other Operating Expense increased from Aug. 2023 (€2,864 Mil) to Nov. 2023 (€2,916 Mil) and increased from Nov. 2023 (€2,916 Mil) to Feb. 2024 (€2,950 Mil).

FedEx's annual Other Operating Expense increased from May. 2021 (€9,860 Mil) to May. 2022 (€12,907 Mil) but then declined from May. 2022 (€12,907 Mil) to May. 2023 (€12,722 Mil).

FedEx Other Operating Expense Historical Data

The historical data trend for FedEx's Other Operating Expense 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 Other Operating Expense Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Other Operating Expense

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8,976.65

9,621.16

9,860.36

12,907.22

12,721.76

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Other Operating Expense	Get a 7-Day Free Trial															3,184.94	3,230.12	2,863.79	2,916.14	2,949.71

FedEx Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €11,960 Mil.

FedEx Other Operating Expense Related Terms

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FedEx (WBO:FDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (WBO:FDX) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

FDX:USA FDX:Peru FDX:Mexico 1FDX:Italy FDX:Germany FDXB34:Brazil FDX:Argentina

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.