BackFidelity Freedom Index 2040 Fund - Investor Class Overview

Fidelity Freedom Index 2040 Fund - Investor Class EBIT

Latest ebit for FBIFX: $240M, above the sector sector average of $-25M.

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Quarterly EBIT

$17.08M
↓ 79.57% YoY

As of Dec 31, 2023

Annual EBIT (TTM)

$235.43M
↓ 79.62% YoY

Trailing 12 months ending Dec 31, 2023

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Fidelity Freedom Index 2040 Fund - Investor Class (FBIFX) FAQ

Fidelity Freedom Index 2040 Fund - Investor Class's ebit stands at $240M as of December 2023. That compares with $1.2B in the prior-year period — down 79.6% year over year. That is above the sector sector average of $-25M. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Fidelity Freedom Index 2040 Fund - Investor Class reported $240M in EBIT versus $1.2B a year earlier — a 79.6% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Fidelity Freedom Index 2040 Fund - Investor Class sits higher the its sector benchmark ($-25M) with a EBIT of $240M. That is roughly 1029.1% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $1.2B in the prior-year period — down 79.6% year over year. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Fidelity Freedom Index 2040 Fund - Investor Class's EBIT evolved across reporting periods, while the comparison chart places FBIFX next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.