FedEx Corporation | Large-cap | Industrials

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 87.7B
Gross Profit 19.0B 21.61%
Operating Income 6.3B 7.18%
Net Income 4.3B 4.94%
EPS (Diluted) $17.21

Balance Sheet Metrics

Total Assets 87.0B
Total Liabilities 59.4B
Shareholders Equity 27.6B
Debt to Equity 2.15

Cash Flow Metrics

Operating Cash Flow 8.3B
Free Cash Flow 3.1B

Revenue & Profitability Trend

FedEx Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue87.7B90.2B93.5B84.0B69.2B
Cost of Goods Sold68.7B71.0B73.3B66.0B55.9B
Gross Profit19.0B19.2B20.2B18.0B13.3B
Operating Expenses11.9B12.8B14.4B10.0B10.6B
Operating Income6.3B5.3B6.5B6.0B2.9B
Pre-tax Income5.8B5.4B4.9B6.7B1.7B
Income Tax1.5B1.4B1.1B1.4B383.0M
Net Income4.3B4.0B3.8B5.2B1.3B
EPS (Diluted)$17.21$15.48$14.33$19.45$4.90

Income Statement Trend

FedEx Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets18.2B18.6B20.4B20.6B16.4B
Non-Current Assets68.8B68.5B65.6B62.2B57.2B
Total Assets87.0B87.1B86.0B82.8B73.5B
Liabilities
Current Liabilities13.4B13.6B14.3B13.7B10.3B
Non-Current Liabilities46.1B47.5B46.8B44.9B44.9B
Total Liabilities59.4B61.1B61.1B58.6B55.2B
Equity
Total Shareholders Equity27.6B26.1B24.9B24.2B18.3B

Balance Sheet Composition

FedEx Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income4.3B4.0B3.8B5.2B1.3B
Operating Cash Flow8.3B8.7B10.8B13.2B5.9B
Investing Activities
Capital Expenditures-----
Investing Cash Flow-24.0M0-53.0M-126.0M22.0M
Financing Activities
Dividends Paid-1.3B-1.2B-793.0M-686.0M-679.0M
Financing Cash Flow-3.4B-2.6B-3.0B-2.1B3.4B
Free Cash Flow3.1B2.7B3.1B4.3B-771.0M

Cash Flow Trend

FedEx Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.20
Forward P/E 10.49
Price to Book 2.02
Price to Sales 0.65
PEG Ratio 10.49

Profitability Ratios

Profit Margin 4.65%
Operating Margin 7.64%
Return on Equity 14.71%
Return on Assets 4.80%

Financial Health

Current Ratio 1.19
Debt to Equity 1.39
Beta 1.36

Per Share Data

EPS (TTM) $16.81
Book Value per Share $117.96
Revenue per Share $361.84

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
fdx57.2B14.202.0214.71%4.65%1.39
United Parcel 86.5B14.915.5235.91%6.44%163.19
Expeditors 16.1B19.477.0137.70%7.64%25.72
J.B. Hunt Transport 15.2B27.763.9213.97%4.65%49.66
C.H. Robinson 11.7B23.476.7432.11%2.93%99.66
Landstar System 5.0B28.355.3818.34%3.71%16.58

Financial data is updated regularly. All figures are in the company's reporting currency.