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NYSE · AIR COURIER SERVICES · LARGE CAP

FedEx Corp. FDX

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$94.7B
▲ 7.7% YoY
$4.4B
▲ 8.3% YoY
$5.1B
▲ 71.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

FedEx provides customers and businesses worldwide with transportation, e-commerce and business services. It handles more than 18 million shipments per day across its global network. The company employed approximately 300,000 permanent full-time and approximately 230,000 permanent part-time employees and used approximately 5,300 service providers to conduct certain linehaul and pickup-and-delivery operations. It reports through two segments, Express U.S. Domestic and Express International, which are collectively referred to as Federal Express, with the remaining businesses reported as Corporate, other, and eliminations. Federal Express had approximately 84,000 drop-off locations, 700 aircraft and over 180,000 motorized vehicles in its global network. Express U.S. Domestic offers domestic shipping services for packages and freight, among them three overnight package delivery services and three deferred package delivery services. Express International offers shipping services for the delivery of packages and freight, connecting markets that generate more than 99% of the world's gross domestic product. FedEx Corporation was incorporated in Delaware on October 2, 1997 to serve as the parent holding company of the FedEx portfolio of companies.

Written from the business description in FEDEX CORP's annual report to the U.S. Securities and Exchange Commission, filed 20 July 2026. Every sentence was checked against that document before publication.

Growth

USD 94.7B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 94.7 · Net income 4.4
40B80B
2007201020132016201920222025
Compound annual growth
+1.7%
+2.4%
+6.5%
+6.0%
+3.7%
−3.3%
+9.3%
+7.7%
+6.2%
−0.9%
+11.0%
+9.8%
−0.3%
+17.4%
+19.2%
+18.1%
−6.8%
+25.9%
−3.2%
+19.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

5 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.8% · Net 4.7%
5%10%
200720162025
ROE
FY2025 · ROE 14.8%
10%20%
200720162025
Three returns, three denominators.

Each USD of equity produced 15 cents of profit this year.

Cash & shareholders

USD 2.2B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 5.1
2.0B4.0B-0.4B-0.8B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 1.4 · Net buybacks 0.8
2B4BDividendsNet buybacks
2007201020132016201920222025

USD 1.4B in dividends and USD 796.0M in buybacks — 49% of the year's profit went back to shareholders.

Total assetsUSD 98.9B
EquityUSD 31.6B
CashUSD 13.3B
Gross debtUSD 24.0B
Net debtUSD 10.7B
Current ratio1.48×

Net debt stands at 34% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
FDX, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B94.787.987.790.293.584.069.269.765.560.350.447.545.644.342.739.334.735.538.0
Operating income $B5.55.25.64.96.25.92.44.54.34.63.11.93.84.43.22.42.00.72.1
EBITDA $B9.89.59.89.110.29.76.07.87.47.65.74.56.46.85.34.44.02.7◌
Income tax $B1.41.31.51.41.11.40.40.1−0.21.60.90.61.31.61.10.80.70.60.9
Net income $B4.44.14.34.03.85.21.30.54.63.01.81.12.32.72.01.51.20.11.1
Free cash flow $B5.13.03.12.73.14.3−0.80.1−1.0−0.20.91.00.71.30.80.60.30.30.5
EPS, diluted $18.5516.8117.2115.4814.3319.454.902.0316.7911.076.513.657.488.556.414.573.76◌◌
Dividend / sh $5.805.523.785.863.002.602.602.602.001.601.000.800.600.560.520.48◌◌◌
Payout %3133293021135312612141522878101214011
ROE %14.814.716.115.615.624.67.12.925.820.112.66.914.216.913.610.08.60.77.6

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 73 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Nine checks were skipped: cost of revenue is not tagged before 2016. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityAir Courier Services
Listed onNYSE
Incorporated inDelaware
Fiscal year endsMay 31
Data on record since2007

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