FedEx Corporation (FDX)

FedEx Financials Overview

Financials in millions USD. Fiscal year is June - May.

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Revenue Revenue Growth	94,720	94,720	87,926	87,693	90,155	93,512
Revenue Growth	7.73%	7.73%	0.27%	-2.73%	-3.59%	11.38%
Gross Profit Gross Profit Growth	25,876	25,876	23,972	23,961	24,396	23,411
Operating Income Operating Income Growth	7,475	7,475	6,745	7,020	6,392	5,797
Net Income Net Income Growth	4,426	4,426	4,087	4,325	3,966	3,819
Earnings Per Share EPS Growth	18.55	18.55	16.81	17.21	15.48	14.33
EPS Growth	10.35%	10.35%	-2.32%	11.18%	8.03%	-26.32%

Revenue by Segment

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	Sep 30, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023
Federal Express Federal Express Growth	-	82,273	75,304	74,663	75,884
FedEx Freight FedEx Freight Growth	-	8,795	8,892	9,429	10,084
Other and Eliminations Other and Eliminations Growth	-	3,652	3,730	3,601	4,187
Revenue (Total) Revenue (Total) Growth	89,832	-	-	-	90,155

Cash & Debt

Chart

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Cash & Investments Cash & Investments Growth	13,551	13,551	5,572	6,578	7,158	6,897
Total Debt Total Debt Growth	42,944	42,944	37,416	37,719	38,332	37,194
Net Cash (Debt) Net Cash Growth	-29,393	-29,393	-31,844	-31,141	-31,174	-30,297
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-122.98	-122.98	-131.05	-124.07	-121.77	-113.90

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Operating Cash Flow Operating Cash Flow Growth	8,925	8,925	7,036	8,312	8,848	9,832
Capital Expenditures CapEx Growth	-3,809	-3,809	-4,055	-5,176	-6,174	-6,763
Free Cash Flow Free Cash Flow Growth	5,116	5,116	2,981	3,136	2,674	3,069
Free Cash Flow Growth	71.62%	71.62%	-4.94%	17.28%	-12.87%	-27.81%

Margins

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Gross Margin	27.32%	27.32%	27.26%	27.32%	27.06%	25.04%
Operating Margin	7.89%	7.89%	7.67%	8.00%	7.09%	6.20%
Pretax Margin	6.12%	6.12%	6.19%	6.66%	5.95%	5.24%
Profit Margin	4.67%	4.67%	4.65%	4.93%	4.40%	4.08%
FCF Margin	5.40%	5.40%	3.39%	3.58%	2.97%	3.28%

Dividends

Chart

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 29, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Dividend Per Share Dividend Per Share Growth	4.880	5.570	5.590	5.160	4.710	3.400
Dividend Per Share Growth	-5.65%	-0.36%	8.33%	9.55%	38.53%	25.93%
Dividend Yield	1.58%	1.36%	2.55%	2.02%	2.16%	1.52%

Valuation

Chart

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 29, 2026	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
PE Ratio	16.64	22.20	12.79	14.45	13.82	15.24
Forward PE	15.35	13.09	11.13	12.61	12.37	10.01
P/FCF Ratio	14.09	19.20	17.53	19.93	20.49	18.97
PS Ratio	0.76	1.04	0.59	0.71	0.61	0.62

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error