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FDX

FedEx Corporation

FDX

FedEx Corporation • NYSE
$275.65 ▼ -0.06% (-0.17)
Market Cap $65.04 B
52w High $304.76
52w Low $194.30
Dividend Yield 5.66%
P/E 16.17
Volume 506.65K
Outstanding Shares 235.96M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $22.244B ▲ $4.6B ▲ $824M ▼ 3.704% ▼ $3.48 ▼ $2.345B ▼
Q4-2025 $22.22B ▲ $3.322B ▲ $1.648B ▲ 7.417% ▲ $6.92 ▲ $3.404B ▲
Q3-2025 $22.16B ▲ $3.26B ▲ $909M ▲ 4.102% ▲ $3.79 ▲ $2.363B ▲
Q2-2025 $21.967B ▲ $3.201B ▲ $741M ▼ 3.373% ▼ $3.07 ▼ $2.146B ▼
Q1-2025 $21.579B $3.168B $794M 3.68% $3.24 $2.218B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $6.166B ▲ $88.416B ▲ $60.645B ▲ $27.771B ▼
Q4-2025 $5.572B ▲ $87.627B ▲ $59.553B ▲ $28.074B ▲
Q3-2025 $5.135B ▲ $85.043B ▼ $58.335B ▼ $26.708B ▲
Q2-2025 $5.029B ▼ $85.481B ▼ $59.021B ▼ $26.46B ▼
Q1-2025 $5.943B $86.711B $59.535B $27.176B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $824M ▼ $1.716B ▼ $-619M ▲ $-460M ▲ $664M ▲ $1.093B ▲
Q4-2025 $1.648B ▲ $2.519B ▲ $-1.432B ▼ $-847M ▲ $367M ▲ $1.046B ▲
Q3-2025 $909M ▲ $2.012B ▲ $-1.054B ▼ $-863M ▲ $106M ▲ $1.015B ▲
Q2-2025 $741M ▼ $1.318B ▲ $-804M ▼ $-1.34B ▼ $-914M ▼ $500M ▲
Q1-2025 $794M $1.187B $-802M $-969M $-558M $420M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
Corporate Reconciling Items And Eliminations
Corporate Reconciling Items And Eliminations
 $0 ▲$0 ▲$0 ▲$870.00M ▲
Federal Express Segment
Federal Express Segment
 $18.84Bn ▲$19.18Bn ▲$0 ▼$5.97Bn ▲
Fedex Freight Segment
Fedex Freight Segment
 $2.18Bn ▲$2.09Bn ▼$0 ▼$60.00M ▲
Other International Revenue
Other International Revenue
 $0 ▲$0 ▲$0 ▲$240.00M ▲

Five-Year Company Overview

Income Statement

Income Statement FedEx looks like a mature, steady earner rather than a fast‑growth story. Sales have leveled off after a pandemic-era peak, reflecting softer shipping volumes and a more normal freight environment. Even with this, profit margins have held reasonably firm, helped by cost-cutting, network optimization, and mix of higher-value services. Earnings bounce around from year to year with the economy and fuel/labor costs, but the broad picture is consistent, mid-range profitability rather than sharp deterioration or explosive growth.

Balance Sheet

Balance Sheet The balance sheet is stable and fairly robust for a capital‑heavy business. Overall assets have been broadly flat, which signals a company fine‑tuning its footprint rather than aggressively expanding. Debt sits at a sizeable but manageable level, and shareholders’ equity has been edging up, suggesting profits are being retained and the capital base is gradually strengthening. Cash on hand has slipped from earlier highs but still offers a reasonable cushion for operations and investment needs.

Cash Flow

Cash Flow FedEx consistently generates solid cash from its day‑to‑day business, which comfortably covers capital spending and leaves room for positive free cash flow each year. Operating cash flow has eased from its strongest period, in line with more moderate profits, but remains healthy. Capital spending has come down from peak investment levels, implying a shift from heavy build‑out toward more selective, efficiency‑focused projects. Overall, the cash profile looks dependable, giving the company flexibility to handle downturns and fund ongoing upgrades.

Competitive Edge

Competitive Edge FedEx’s main strength is its massive, global delivery network built over decades, paired with a well‑known brand associated with reliability and speed. This scale and reach are hard and expensive for new entrants to replicate. The company also offers a broad menu of services—express air, ground, freight, and specialized logistics—allowing it to serve many types of customers and industries. At the same time, it operates in a brutally competitive space, facing pressure from UPS, DHL, national postal services, and increasingly from large e‑commerce players building their own logistics. Price competition, service reliability, labor relations, and fuel costs remain ongoing challenges.

Innovation and R&D

Innovation and R&D FedEx is leaning heavily into technology to defend and extend its edge. It uses advanced data analytics and its Dataworks unit to give customers real‑time visibility and smarter supply chain decisions. Inside its hubs, it is rolling out robotics and automation to sort and handle packages more efficiently and safely. The company is also testing autonomous trucks, last‑mile delivery robots, and drones, which, if scaled, could reshape its cost base and service model over time. Specialized tools like sensor‑based tracking for sensitive shipments, plus investments in an innovation lab and sustainability initiatives, show a clear push to evolve beyond a traditional carrier into a more digital, high‑tech logistics platform—though these efforts carry execution and adoption risks.

Summary

Overall, FedEx looks like a large, mature logistics leader with steady, if unspectacular, financial performance. Revenue has flattened after a strong run, but margins and cash generation remain solid, backed by a vast global network and a trusted brand. The balance sheet is stable, and the business reliably throws off cash even while investing in its fleet and facilities. The main story going forward is whether FedEx can turn its significant bets on data, automation, and autonomous delivery into lasting cost advantages and differentiated services, while managing cyclical demand, intense competition, and ongoing spending needs. The company appears financially strong enough to pursue this transition, but outcomes will depend heavily on execution and broader economic conditions.

NEWS

November 21, 2025 · 9:01 AM UTC

FedEx Corp. Board Declares Quarterly Dividend

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November 4, 2025 · 10:00 AM UTC

Kansas City KS Based Truck Crash Injury Lawyer with Bull Attorneys Now Helping FedEx and Freight Wreck Victims Statewide

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October 30, 2025 · 12:31 PM UTC

Report Highlights FedEx Global Economic Impact as Company Drives Innovation

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October 29, 2025 · 4:09 PM UTC

FedEx Dataworks and ServiceNow Unite AI, Data, and Workflows to Power Supply Chains of the Future

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October 13, 2025 · 7:57 AM UTC

Orbis International's Flying Eye Hospital Returns to Ghana to Train Local Eye Care Teams

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