FedEx Corporation | Large-cap | Industrials
$224.63
-5.22%
| FedEx Stock Comparison:
FedEx vs United ParcelFedEx vs ExpeditorsFedEx vs C.H. RobinsonFedEx vs J.B. Hunt TransportFedEx vs GXO LogisticsFedEx vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Aug 2025

Income Metrics

Revenue 22.2B
Gross Profit 4.7B 21.10%
Operating Income 1.3B 5.84%
Net Income 824.0M 3.70%
EPS (Diluted) $3.46

Balance Sheet Metrics

Total Assets 87.6B
Total Liabilities 59.6B
Shareholders Equity 28.1B
Debt to Equity 2.12

Cash Flow Metrics

Operating Cash Flow 2.9B
Free Cash Flow 1.0B

Revenue & Profitability Trend

FedEx Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue i 87.9B 87.7B 90.2B 93.5B 84.0B
Cost of Goods Sold i 68.9B 68.7B 71.0B 73.3B 66.0B
Gross Profit i 19.0B 19.0B 19.2B 20.2B 18.0B
Gross Margin % i 21.6% 21.6% 21.3% 21.6% 21.4%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i - -722.0M -1.1B 726.0M -2.0B
Other Operating Expenses i 13.0B 12.7B 13.8B 13.6B 12.0B
Total Operating Expenses i 13.0B 11.9B 12.8B 14.4B 10.0B
Operating Income i 6.0B 6.3B 5.3B 6.5B 6.0B
Operating Margin % i 6.8% 7.2% 5.9% 7.0% 7.1%
Non-Operating Items
Interest Income i 363.0M 370.0M 198.0M 53.0M 52.0M
Interest Expense i 789.0M 745.0M 694.0M 689.0M 793.0M
Other Non-Operating Income -127.0M -87.0M 521.0M -991.0M 1.4B
Pre-tax Income i 5.4B 5.8B 5.4B 4.9B 6.7B
Income Tax i 1.3B 1.5B 1.4B 1.1B 1.4B
Effective Tax Rate % i 24.8% 25.8% 25.9% 21.9% 21.6%
Net Income i 4.1B 4.3B 4.0B 3.8B 5.2B
Net Margin % i 4.7% 4.9% 4.4% 4.1% 6.2%
Key Metrics
EBITDA i 11.3B 11.6B 10.7B 9.8B 11.8B
EPS (Basic) i $16.84 $17.41 $15.60 $14.38 $19.52
EPS (Diluted) i $16.81 $17.21 $15.48 $14.33 $19.45
Basic Shares Outstanding i 243000000 248000000 254000000 266000000 268000000
Diluted Shares Outstanding i 243000000 248000000 254000000 266000000 268000000

Income Statement Trend

FedEx Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets
Cash & Equivalents i 5.5B 6.5B 6.9B 6.9B 7.1B
Short-term Investments i - - - - -
Accounts Receivable i 11.4B 10.1B 10.2B 11.9B 12.1B
Inventory i 602.0M 614.0M 604.0M 637.0M 587.0M
Other Current Assets 914.0M 1.0B 962.0M 968.0M 837.0M
Total Current Assets i 18.4B 18.2B 18.6B 20.4B 20.6B
Non-Current Assets
Property, Plant & Equipment i 35.3B 35.0B 34.2B 31.5B 28.4B
Goodwill i 13.2B 12.8B 12.9B 13.4B 14.3B
Intangible Assets i - - 234.0M 301.0M 352.0M
Long-term Investments - - - - -
Other Non-Current Assets 4.5B 3.8B 4.1B 4.1B 3.7B
Total Non-Current Assets i 69.2B 68.8B 68.5B 65.6B 62.2B
Total Assets i 87.6B 87.0B 87.1B 86.0B 82.8B
Liabilities
Current Liabilities
Accounts Payable i 3.7B 3.2B 3.8B 4.0B 3.8B
Short-term Debt i 4.0B 2.5B 2.5B 2.5B 2.4B
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 15.4B 13.4B 13.6B 14.3B 13.7B
Non-Current Liabilities
Long-term Debt i 33.4B 35.2B 35.8B 34.7B 34.1B
Deferred Tax Liabilities i 4.2B 4.5B 4.5B 4.1B 3.9B
Other Non-Current Liabilities 783.0M 689.0M 695.0M 682.0M 983.0M
Total Non-Current Liabilities i 44.1B 46.1B 47.5B 46.8B 44.9B
Total Liabilities i 59.6B 59.4B 61.1B 61.1B 58.6B
Equity
Common Stock i 32.0M 32.0M 32.0M 32.0M 32.0M
Retained Earnings i 41.4B 38.6B 35.3B 32.8B 29.8B
Treasury Stock i 16.3B 13.7B 11.6B 10.5B 8.4B
Other Equity - - - - -
Total Shareholders Equity i 28.1B 27.6B 26.1B 24.9B 24.2B
Key Metrics
Total Debt i 37.4B 37.7B 38.3B 37.2B 36.5B
Working Capital i 3.0B 4.9B 5.0B 6.1B 6.9B

Balance Sheet Composition

FedEx Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income i 4.1B 4.3B 4.0B 3.8B 5.2B
Depreciation & Amortization i 4.3B 4.3B 4.2B 4.0B 3.8B
Stock-Based Compensation i 154.0M 163.0M 182.0M 190.0M 200.0M
Working Capital Changes i -4.7B -3.4B -3.1B -3.1B -1.9B
Operating Cash Flow i 7.0B 8.3B 8.7B 10.8B 13.2B
Investing Activities
Capital Expenditures i - - - - -
Acquisitions i - - 0 0 -228.0M
Investment Purchases i -262.0M -176.0M -84.0M -147.0M 0
Investment Sales i 110.0M 38.0M 0 0 -
Investing Cash Flow i -37.0M -24.0M 0 -53.0M -126.0M
Financing Activities
Share Repurchases i -3.0B -2.5B -1.5B -2.2B 0
Dividends Paid i -1.3B -1.3B -1.2B -793.0M -686.0M
Debt Issuance i - - 0 0 4.2B
Debt Repayment i -157.0M -147.0M -152.0M -161.0M -6.3B
Financing Cash Flow i -4.0B -3.4B -2.6B -3.0B -2.1B
Free Cash Flow i 3.0B 3.1B 2.7B 3.1B 4.3B
Net Change in Cash i 3.0B 4.8B 6.1B 7.7B 11.0B

Cash Flow Trend

FedEx Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.49
Forward P/E 10.86
Price to Book 2.10
Price to Sales 0.66
PEG Ratio 1.88

Profitability Ratios

Profit Margin 4.65%
Operating Margin 7.64%
Return on Equity 15.00%
Return on Assets 4.88%

Financial Health

Current Ratio 1.25
Debt to Equity 1.36
Beta 1.29

Per Share Data

EPS (TTM) $17.05
Book Value per Share $117.67
Revenue per Share $370.67

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
fdx 56.6B 14.49 2.10 15.00% 4.65% 1.36
United Parcel 73.1B 12.79 4.63 34.91% 6.35% 183.24
Expeditors 16.4B 19.95 7.53 39.04% 7.57% 26.69
C.H. Robinson 15.8B 30.41 8.87 32.43% 3.14% 94.81
J.B. Hunt Transport 14.4B 25.41 3.70 14.33% 4.59% 55.75
GXO Logistics 6.2B 108.69 2.16 2.30% 0.50% 188.94

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