
FedEx (FDX) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 87.7B | 90.2B | 93.5B | 84.0B | 69.2B |
Cost of Goods Sold | 68.7B | 71.0B | 73.3B | 66.0B | 55.9B |
Gross Profit | 19.0B | 19.2B | 20.2B | 18.0B | 13.3B |
Operating Expenses | 11.9B | 12.8B | 14.4B | 10.0B | 10.6B |
Operating Income | 6.3B | 5.3B | 6.5B | 6.0B | 2.9B |
Pre-tax Income | 5.8B | 5.4B | 4.9B | 6.7B | 1.7B |
Income Tax | 1.5B | 1.4B | 1.1B | 1.4B | 383.0M |
Net Income | 4.3B | 4.0B | 3.8B | 5.2B | 1.3B |
EPS (Diluted) | $17.21 | $15.48 | $14.33 | $19.45 | $4.90 |
Income Statement Trend
FedEx Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | 18.2B | 18.6B | 20.4B | 20.6B | 16.4B |
Non-Current Assets | 68.8B | 68.5B | 65.6B | 62.2B | 57.2B |
Total Assets | 87.0B | 87.1B | 86.0B | 82.8B | 73.5B |
Liabilities | |||||
Current Liabilities | 13.4B | 13.6B | 14.3B | 13.7B | 10.3B |
Non-Current Liabilities | 46.1B | 47.5B | 46.8B | 44.9B | 44.9B |
Total Liabilities | 59.4B | 61.1B | 61.1B | 58.6B | 55.2B |
Equity | |||||
Total Shareholders Equity | 27.6B | 26.1B | 24.9B | 24.2B | 18.3B |
Balance Sheet Composition
FedEx Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 4.3B | 4.0B | 3.8B | 5.2B | 1.3B |
Operating Cash Flow | 8.3B | 8.7B | 10.8B | 13.2B | 5.9B |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Investing Cash Flow | -24.0M | 0 | -53.0M | -126.0M | 22.0M |
Financing Activities | |||||
Dividends Paid | -1.3B | -1.2B | -793.0M | -686.0M | -679.0M |
Financing Cash Flow | -3.4B | -2.6B | -3.0B | -2.1B | 3.4B |
Free Cash Flow | 3.1B | 2.7B | 3.1B | 4.3B | -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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
fdx | 57.2B | 14.20 | 2.02 | 14.71% | 4.65% | 1.39 |
United Parcel | 86.5B | 14.91 | 5.52 | 35.91% | 6.44% | 163.19 |
Expeditors | 16.1B | 19.47 | 7.01 | 37.70% | 7.64% | 25.72 |
J.B. Hunt Transport | 15.2B | 27.76 | 3.92 | 13.97% | 4.65% | 49.66 |
C.H. Robinson | 11.7B | 23.47 | 6.74 | 32.11% | 2.93% | 99.66 |
Landstar System | 5.0B | 28.35 | 5.38 | 18.34% | 3.71% | 16.58 |
Financial data is updated regularly. All figures are in the company's reporting currency.