BackFidelity Freedom 2055 K6 Overview

Fidelity Freedom 2055 K6 EBIT

Fidelity Freedom 2055 K6's EBIT is $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 2055 K6 (FCTKX) FAQ

Fidelity Freedom 2055 K6 posts a EBIT of $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. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Fidelity Freedom 2055 K6's EBIT was $1.2B. The latest reading is $240M — a 79.6% year-over-year decrease (period ending December 2023). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a EBIT near $-25M is typical. Fidelity Freedom 2055 K6's $240M is higher that level. That is roughly 1029.1% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Fidelity Freedom 2055 K6's financial statement story. At $240M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for FCTKX's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $-25M), and (3) consistency with growth and profitability. This page covers the first two; Fidelity Freedom 2055 K6's other metric pages and overview cover the third.