Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026

FedEx (FDX)

NYSE Industrials Air Freight & Logistics S&P 500
$308.14
-8.66 (-2.73%)
Close of Nov 06, 2026 · end-of-day data
Source: FedEx's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$60.32B$65.45B$69.69B$69.22B$83.96B$93.51B$90.16B$87.69B$87.93B$94.72B
Cost of revenue$13.63B$15.10B$16.65B———————
Gross profit$46.69B$50.35B$53.04B———————
Operating income$4.57B$4.27B$4.47B$2.42B$5.86B$6.25B$4.91B$5.56B$5.22B$5.46B
Interest expense$512.00M$558.00M$588.00M$672.00M$793.00M$689.00M$694.00M$745.00M$789.00M$970.00M
Pre-tax income$4.58B$4.35B$655.00M$1.67B$6.67B$4.90B$5.36B$5.84B$5.44B$5.79B
Income tax$1.58B-$219.00M$115.00M$383.00M$1.44B$1.07B$1.39B$1.50B$1.35B$1.36B
Net income$3.00B$4.57B$540.00M$1.29B$5.23B$3.83B$3.97B$4.33B$4.09B$4.43B
EBITDA$7.56B$7.37B$7.82B$6.03B$9.65B$10.21B$9.09B$9.85B$9.48B$9.83B
EPS (basic)$11.24$17.08$2.06$4.92$19.79$14.54$15.60$17.41$16.96$18.71
EPS (diluted)$11.07$16.79$2.03$4.90$19.45$14.33$15.48$17.21$16.81$18.55
Diluted shares270.00M272.00M265.00M262.00M268.00M266.00M256.00M251.00M243.00M239.00M
Gross margin77.4%76.9%76.1%———————
Operating margin7.6%6.5%6.4%3.5%7.0%6.7%5.4%6.3%5.9%5.8%
Net margin5.0%7.0%0.8%1.9%6.2%4.1%4.4%4.9%4.7%4.7%

Balance sheet

fiscal years · USD
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$3.97B$3.27B$2.32B$4.88B$7.09B$6.90B$6.86B$6.50B$5.50B$13.06B
Short-term investments—————————$0
Receivables$7.60B$8.48B$9.12B$10.10B$12.07B$11.86B$10.19B$10.09B$11.37B$11.52B
Total current assets$12.63B$13.34B$13.09B$16.38B$20.58B$20.36B$18.61B$18.21B$18.39B$27.90B
Goodwill$7.15B$6.97B$6.88B$6.37B$6.99B$6.54B$6.43B$6.42B$6.60B$11.51B
Total assets$48.55B$52.33B$54.40B$73.54B$82.78B$85.99B$87.14B$87.01B$87.63B$98.94B
Total current liabilities$7.92B$9.63B$9.01B$10.34B$13.66B$14.27B$13.59B$13.36B$15.41B$18.91B
Short-term debt$22.00M$1.34B$964.00M$51.00M$146.00M$82.00M$126.00M$68.00M$0$1.63B
Long-term debt$14.88B$16.51B$17.52B$21.52B$19.42B$19.80B$19.78B$19.77B$19.15B$23.29B
Total debt$14.90B$17.85B$18.48B$21.57B$19.57B$19.88B$19.91B$19.84B$19.15B$24.93B
Total liabilities$32.48B$32.91B$36.65B$55.24B$58.61B$61.05B$61.05B$59.42B$59.55B$67.29B
Shareholders' equity$16.07B$19.42B$17.76B$18.30B$24.17B$24.94B$26.09B$27.58B$28.07B$31.65B

Cash flow

fiscal years · USD
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow$4.93B$4.67B$5.61B$5.10B$10.13B$9.83B$8.85B$8.31B$7.04B$8.93B
Capital expenditures$5.12B$5.66B$5.49B$5.87B$5.88B$6.76B$6.17B$5.18B$4.05B$3.81B
Free cash flow-$186.00M-$989.00M$123.00M-$771.00M$4.25B$3.07B$2.67B$3.14B$2.98B$5.12B
Investing cash flow-$4.98B-$5.68B-$5.47B-$5.85B-$6.01B-$6.82B-$6.17B-$5.20B-$4.09B-$3.91B
Financing cash flow$528.00M$227.00M-$1.04B$3.38B-$2.09B-$3.02B-$2.60B-$3.43B-$4.02B$2.75B
Dividends paid$426.00M$535.00M$683.00M$679.00M$686.00M$793.00M$1.18B$1.26B$1.34B$1.37B
Share buybacks$509.00M$1.02B$1.48B$3.00M—$2.25B$1.50B$2.50B$3.02B$796.00M
Stock-based compensation$154.00M$167.00M$174.00M$168.00M$200.00M$190.00M$182.00M$163.00M$154.00M$177.00M
Depreciation & amortization$3.00B$3.10B$3.35B$3.62B$3.79B$3.97B$4.18B$4.29B$4.26B$4.37B

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.