FedEx Income Statement (Quarterly)

The table below shows the quarterly income statements for FedEx stock for the past 42 quarters.

Numbers in millions USD, except per-share numbers.

Quarter Ended	2020-02-29	2019-11-30	2019-08-31	2019-05-31	2019-02-28	2018-11-30	2018-08-31	2018-05-31	2018-02-28	2017-11-30	2017-08-31	2017-05-31	2017-02-28	2016-11-30	2016-08-31	2016-05-31	2016-02-29	2015-11-30	2015-08-31	2015-05-31	2015-02-28	2014-11-30	2014-08-31	2014-05-31	2014-02-28	2013-11-30	2013-08-31	2013-05-31	2013-02-28	2012-11-30	2012-08-31	2012-05-31	2012-02-29	2011-11-30	2011-08-31	2011-05-31	2011-02-28	2010-11-30	2010-08-31	2010-05-31	2010-02-28	2009-11-30
Revenue	17,487	17,324	17,048	17,807	17,010	17,824	17,052	17,314	16,526	16,313	15,297	15,728	14,997	14,931	14,663	12,979	12,654	12,453	12,279	12,114	11,716	11,939	11,684	11,839	11,301	11,403	11,024	11,435	10,953	11,107	10,792	11,008	10,564	10,587	10,521	10,552	9,663	9,632	9,457	9,428	8,701	8,596
Revenue Growth (YoY)	2.8%	-2.81%	-0.02%	2.85%	2.93%	9.26%	11.47%	10.08%	10.2%	9.26%	4.32%	21.18%	18.52%	19.9%	19.42%	7.14%	8.01%	4.31%	5.09%	2.32%	3.67%	4.7%	5.99%	3.53%	3.18%	2.66%	2.15%	3.88%	3.68%	4.91%	2.58%	4.32%	9.32%	9.91%	11.25%	11.92%	11.06%	12.05%	-	-	-	-
Cost of Revenue	7,085	6,916	6,586	6,549	6,692	6,985	6,511	6,309	6,350	6,158	5,641	5,614	5,655	5,470	5,278	4,256	4,408	4,364	4,299	3,985	4,166	4,443	4,390	4,320	4,326	4,303	4,103	4,084	4,150	4,236	3,978	3,979	3,936	3,910	3,933	3,909	3,596	3,429	3,332	3,280	3,027	2,902
Gross Profit	10,402	10,408	10,462	11,258	10,318	10,839	10,541	11,005	10,176	10,155	9,656	10,114	9,342	9,461	9,385	8,723	8,246	8,089	7,980	8,129	7,550	7,496	7,294	7,519	6,975	7,100	6,921	7,351	6,803	6,871	6,814	7,029	6,628	6,677	6,588	6,643	6,067	6,203	6,125	6,148	5,674	5,694
Selling, General & Admin	6,382	6,235	6,087	6,187	6,069	6,260	6,260	6,118	6,124	5,889	5,664	5,930	5,395	5,353	5,311	4,774	4,712	4,570	4,525	4,432	4,335	4,229	4,114	3,779	4,167	4,148	4,077	3,677	4,150	4,133	4,103	4,092	4,021	3,982	4,004	3,866	3,828	3,779	3,803	3,677	3,549	3,424
Operating Expenses	9,991	9,854	9,485	9,942	9,407	9,671	9,470	9,677	9,318	9,040	8,685	9,004	8,317	8,294	8,121	8,791	7,382	6,952	6,836	9,450	6,512	6,408	6,232	5,967	6,334	6,273	6,126	4,966	6,214	6,153	6,072	6,173	5,815	5,897	5,851	5,755	5,674	5,734	5,497	5,452	5,258	5,123
Operating Income	411	554	977	1,316	911	1,168	1,071	1,328	858	1,115	971	1,110	1,025	1,167	1,264	-68.00	864	1,137	1,144	-1,321	1,038	1,088	1,062	1,552	641	827	795	2,385	589	718	742	856	813	780	737	888	393	469	628	696	416	571
Income Taxes	105	12.00	251	-585	192	242	266	231	-1,200	364	386	440	337	378	427	-111	275	364	392	-522	357	383	359	549	216	292	277	897	203	254	268	298	271	280	260	307	129	154	223	253	142	202
Interest Income/Expense	155	151	137	195	135	131	127	195	125	124	114	158	122	119	113	118	81.00	74.00	63.00	82.00	58.00	47.00	48.00	65.00	38.00	30.00	27.00	45.00	9.00	18.00	10.00	22.00	12.00	7.00	11.00	21.00	24.00	23.00	18.00	27.00	19.00	15.00
Other Expense/Income	-9.00	-18.00	-19.00	3,870	-20.00	-9.00	-30.00	-30.00	-16.00	-24.00	-11.00	-350.00	126	89.00	122	113	82.00	82.00	60.00	95.00	53.00	42.00	50.00	46.00	47.00	35.00	29.00	30.00	25.00	26.00	15.00	8.00	21.00	3.00	13.00	23.00	33.00	32.00	25.00	24.00	35.00	24.00
Net Income	315	560	745	-1,969	739	935	835	1,127	2,074	775	596	1,020	562	700	715	-70.00	507	691	692	-894	628	663	653	957	378	500	489	1,458	361	438	459	550	521	497	464	558	231	283	380	419	239	345
Shares Outstanding	261	261	261	261	261	264	266	267	268	268	268	267	267	266	266	268	276	282	282	284	283	283	285	296	312	317	317	317	314	314	317	315	314	317	317	316	315	315	315	313	313	313
Shares Change (YoY)	0.03%	-0.99%	-1.92%	-2.49%	-2.56%	-1.73%	-0.87%	-0.06%	0.52%	0.9%	1.03%	-0.39%	-3.3%	-5.89%	-5.99%	-5.4%	-2.72%	-0.31%	-1.05%	-3.98%	-9.26%	-10.55%	-9.84%	-6.74%	-0.71%	0.81%	-0%	0.48%	-0.01%	-0.99%	-0.13%	-0.09%	-0.17%	0.82%	0.79%	0.79%	0.67%	0.68%	-	-	-	-
EPS (Basic)	1.21	2.15	2.86	-7.49	2.83	3.56	3.15	4.23	7.74	2.89	2.22	3.81	2.11	2.63	2.69	-0.20	1.86	2.47	2.45	-3.15	2.21	2.34	2.29	3.18	1.24	1.58	1.54	4.62	1.14	1.39	1.46	1.75	1.66	1.57	1.46	1.77	0.73	0.90	1.21	1.34	0.76	1.10
Earnings Per Share (EPS)	1.20	2.13	2.84	-7.38	2.80	3.51	3.10	4.16	7.59	2.84	2.19	3.76	2.07	2.59	2.65	-0.20	1.84	2.44	2.42	-3.10	2.18	2.31	2.26	3.14	1.23	1.57	1.53	4.58	1.13	1.39	1.45	1.74	1.65	1.57	1.46	1.75	0.73	0.89	1.20	1.33	0.76	1.10
EPS Growth (YoY)	-57.14%	-39.32%	-8.39%	-	-63.11%	23.59%	41.55%	10.64%	266.67%	9.65%	-17.36%	-	12.5%	6.15%	9.5%	-	-15.6%	5.63%	7.08%	-	77.24%	47.13%	47.71%	-31.44%	8.85%	12.95%	5.52%	163.22%	-31.52%	-11.46%	-0.68%	-0.57%	126.03%	76.4%	21.67%	31.58%	-3.95%	-19.09%	-	-	-	-
FCF Per Share	-0.90	-1.30	-3.27	2.14	0.08	0.09	-1.80	6.90	-6.38	-2.50	-1.69	3.59	-4.12	0.75	-0.92	2.44	1.24	-0.50	0.11	1.82	0.86	-	0.92	2.39	0.34	-1.38	1.13	2.42	2.28	-0.32	-0.22	2.40	0.38	0.63	-0.79	2.70	-0.63	0.53	-0.69	1.26	0.38	-0.67
Dividend Per Share	0.65	0.65	0.65	0.65	0.65	0.65	0.65	0.50	0.50	0.50	0.50	0.40	0.40	0.40	0.40	0.25	0.25	0.25	0.25	0.20	0.20	0.20	0.20	0.15	0.15	0.15	0.15	0.14	-	0.28	0.14	0.13	0.13	0.13	0.13	0.12	-	0.24	0.12	0.11	0.11	0.11
Dividend Growth (YoY)	0%	0%	0%	30%	30%	30%	30%	25%	25%	25%	25%	60%	60%	60%	60%	25%	25%	25%	25%	33.33%	33.33%	33.33%	33.33%	7.14%	-	-46.43%	7.14%	7.69%	-	115.38%	7.69%	8.33%	-	-45.83%	8.33%	9.09%	-	118.18%	-	-	-	-
Gross Margin	59.5%	60.1%	61.4%	63.2%	60.7%	60.8%	61.8%	63.6%	61.6%	62.3%	63.1%	64.3%	62.3%	63.4%	64%	67.2%	65.2%	65%	65%	67.1%	64.4%	62.8%	62.4%	63.5%	61.7%	62.3%	62.8%	64.3%	62.1%	61.9%	63.1%	63.9%	62.7%	63.1%	62.6%	63%	62.8%	64.4%	64.8%	65.2%	65.2%	66.2%
Operating Margin	2.4%	3.2%	5.7%	7.4%	5.4%	6.6%	6.3%	7.7%	5.2%	6.8%	6.3%	7.1%	6.8%	7.8%	8.6%	-0.5%	6.8%	9.1%	9.3%	-10.9%	8.9%	9.1%	9.1%	13.1%	5.7%	7.3%	7.2%	20.9%	5.4%	6.5%	6.9%	7.8%	7.7%	7.4%	7.0%	8.4%	4.1%	4.9%	6.6%	7.4%	4.8%	6.6%
Profit Margin	1.8%	3.2%	4.4%	-11.1%	4.3%	5.2%	4.9%	6.5%	12.5%	4.8%	3.9%	6.5%	3.7%	4.7%	4.9%	-0.5%	4%	5.5%	5.6%	-7.4%	5.4%	5.6%	5.6%	8.1%	3.3%	4.4%	4.4%	12.8%	3.3%	3.9%	4.3%	5%	4.9%	4.7%	4.4%	5.3%	2.4%	2.9%	4%	4.4%	2.7%	4%
FCF Margin	-1.3%	-2.0%	-5.0%	3.1%	0.1%	0.1%	-2.8%	10.6%	-10.3%	-4.1%	-3.0%	6.1%	-7.3%	1.3%	-1.7%	5.1%	2.7%	-1.1%	0.3%	4.3%	2.1%	0.0%	2.2%	6.0%	0.9%	-3.8%	3.2%	6.7%	6.5%	-0.9%	-0.6%	6.9%	1.1%	1.9%	-2.4%	8.1%	-2.0%	1.7%	-2.3%	4.2%	1.4%	-2.4%
EBITDA	1,483	1,624	2,012	-1,493	1,917	2,136	2,036	2,355	1,785	2,019	1,847	2,372	1,783	1,937	1,994	604	1,526	1,782	1,795	-677	1,695	1,744	1,711	2,220	1,284	1,469	1,432	3,022	1,172	1,302	1,310	1,413	1,347	1,302	1,244	1,385	877	962	1,100	1,187	888	1,049
EBITDA Margin	8.5%	9.4%	11.8%	-8.4%	11.3%	12%	11.9%	13.6%	10.8%	12.4%	12.1%	15.1%	11.9%	13%	13.6%	4.7%	12.1%	14.3%	14.6%	-5.6%	14.5%	14.6%	14.6%	18.8%	11.4%	12.9%	13%	26.4%	10.7%	11.7%	12.1%	12.8%	12.8%	12.3%	11.8%	13.1%	9.1%	10%	11.6%	12.6%	10.2%	12.2%
EBIT	575	723	1,133	-2,359	1,066	1,308	1,228	1,553	999	1,263	1,096	1,618	1,021	1,197	1,255	-63.00	863	1,129	1,147	-1,334	1,043	1,093	1,060	1,571	632	822	793	2,400	573	710	737	870	804	784	735	886	384	460	621	699	400	562
EBIT Margin	3.3%	4.2%	6.6%	-13.2%	6.3%	7.3%	7.2%	9.0%	6.0%	7.7%	7.2%	10.3%	6.8%	8.0%	8.6%	-0.5%	6.8%	9.1%	9.3%	-11.0%	8.9%	9.2%	9.1%	13.3%	5.6%	7.2%	7.2%	21.0%	5.2%	6.4%	6.8%	7.9%	7.6%	7.4%	7.0%	8.4%	4.0%	4.8%	6.6%	7.4%	4.6%	6.5%