FedEx Fixed Asset Turnover from 2010 to 2024

FDX Stock  USD 299.97  4.81  1.63%   
FedEx Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, FedEx Fixed Asset Turnover regression line of annual values had r-squared of  0.16 and arithmetic mean of  2.03. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.49631437
Current Value
2.5
Quarterly Volatility
0.39285771
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FedEx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FedEx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 B, Interest Expense of 0.0 or Total Revenue of 7.4 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0207 or PTB Ratio of 1.85. FedEx financial statements analysis is a perfect complement when working with FedEx Valuation or Volatility modules.
  
Check out the analysis of FedEx Correlation against competitors.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

Latest FedEx's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of FedEx over the last few years. It is FedEx's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FedEx's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

FedEx Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.03
Geometric Mean2.00
Coefficient Of Variation19.31
Mean Deviation0.36
Median2.27
Standard Deviation0.39
Sample Variance0.15
Range1.0436
R-Value(0.41)
Mean Square Error0.14
R-Squared0.16
Significance0.13
Slope(0.04)
Total Sum of Squares2.16

FedEx Fixed Asset Turnover History

2024 2.5
2023 1.5
2022 1.55
2021 1.71
2020 1.64
2019 1.46
2018 2.29

About FedEx Financial Statements

FedEx investors use historical fundamental indicators, such as FedEx's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in FedEx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.50  2.50 

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Additional Tools for FedEx Stock Analysis

When running FedEx's price analysis, check to measure FedEx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.