FedEx Corporation (FDX)

FedEx Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	90,155	93,512	83,959	69,217	69,693
Revenue Growth (YoY)	-3.59%	11.38%	21.30%	-0.68%	6.48%
Cost of Revenue	35,794	37,317	32,039	27,227	26,737
Gross Profit	54,361	56,195	51,920	41,990	42,956
Selling, General & Admin	31,019	32,058	30,173	25,031	24,776
Other Operating Expenses	18,430	17,892	15,890	14,542	13,714
Operating Expenses	49,449	49,950	46,063	39,573	38,490
Operating Income	4,912	6,245	5,857	2,417	4,466
Interest Expense / Income	694	689	793	672	588
Other Expense / Income	-1,145	660	-1,610	76	3,223
Pretax Income	5,363	4,896	6,674	1,669	655
Income Tax	1,391	1,070	1,443	383	115
Net Income	3,972	3,826	5,231	1,286	540
Net Income Growth	3.82%	-26.86%	306.77%	138.15%	-88.19%
Shares Outstanding (Basic)	251	259	265	261	261
Shares Change	-3.02%	-2.32%	1.57%	0.26%	-2.49%
EPS (Basic)	15.60	14.54	19.79	4.92	2.06
EPS (Diluted)	15.48	14.33	19.45	4.90	2.03
EPS Growth	8.03%	-26.32%	296.94%	141.38%	-87.91%
Free Cash Flow	2,674	3,069	4,251	-771	123
Free Cash Flow Per Share	10.64	11.84	16.02	-2.95	0.47
Dividend Per Share	4.600	3.000	2.600	2.600	2.600
Dividend Growth	53.33%	15.38%	0%	0%	30.00%
Gross Margin	60.30%	60.09%	61.84%	60.66%	61.64%
Operating Margin	5.45%	6.68%	6.98%	3.49%	6.41%
Profit Margin	4.41%	4.09%	6.23%	1.86%	0.77%
Free Cash Flow Margin	2.97%	3.28%	5.06%	-1.11%	0.18%
Effective Tax Rate	25.94%	21.85%	21.62%	22.95%	17.56%
EBITDA	10,233	9,555	11,260	5,956	4,596
EBITDA Margin	11.35%	10.22%	13.41%	8.60%	6.59%
Depreciation & Amortization	4,176	3,970	3,793	3,615	3,353
EBIT	6,057	5,585	7,467	2,341	1,243
EBIT Margin	6.72%	5.97%	8.89%	3.38%	1.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).