← FEDEX CORP

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2016 TTM
Total Revenue
$65.5b +8.51%
$69.7b +6.48%
$69.2b -0.68%
$84.0b +21.30%
$93.5b +11.38%
$90.2b -3.59%
$87.7b -2.73%
$87.9b +0.27%
$94.7b +7.73%
$50.4b -46.83%
$94.7b +88.07%
Cost of Revenue
$60.6b +9.58%
$16.7b -72.51%
$16.5b -0.68%
$78.1b +372.19%
$87.3b +11.73%
$85.2b -2.32%
$82.1b -3.65%
$82.7b +0.70%
— $47.3b
$74.1b +56.70%
Gross Profit (Calculated)
$4.9b -3.32%
$53.0b +989.10%
$52.7b -0.68%
$5.9b -88.88%
$6.2b +6.62%
$4.9b -21.35%
$5.6b +13.17%
$5.2b -6.15%
— $3.1b —
Marketing and Advertising Expense $442.0m $468.0m $427.0m $428.0m $470.0m $435.0m $421.0m $425.0m $436.0m $417.0m —
Labor and Related Expense $23.2b $24.8b $25.0b $30.2b $32.1b $31.0b $31.0b $31.2b $33.8b $18.6b —
Salaries and employee benefits $23.2b $24.8b $25.0b $30.2b $32.1b $31.0b $31.0b $31.2b $33.8b $18.6b —
Amortization of Intangible Assets $87.0m $82.0m $66.0m $49.0m $52.0m $52.0m $47.0m $48.0m $54.0m $14.0m —
Restructuring and Related Cost, Incurred Cost — — — — — — — — $13.0m — —
Operating Expenses $60.6b $65.2b $66.8b $78.1b $87.3b $85.2b $82.1b $82.7b $89.3b $47.3b $14.0b
Operating Income (Loss)
$4.9b -3.32%
$4.5b -8.30%
$2.4b -45.88%
$5.9b +142.33%
$6.2b +6.62%
$4.9b -21.35%
$5.6b +13.17%
$5.2b -6.15%
$5.5b +4.72%
$3.1b -43.68%
$6.6b +115.24%
Interest Expense $558.0m $588.0m $672.0m $793.0m $689.0m $694.0m $745.0m ($789.0m) ($970.0m) $336.0m $970.0m
Interest income $48.0m $59.0m $55.0m $52.0m $53.0m $198.0m $370.0m $363.0m $437.0m $21.0m $437.0m
Debt Securities, Realized Gain (Loss) — — — — — — — $0 $0 — —
Other Nonoperating Income (Expense) ($7.0m) ($31.0m) ($9.0m) ($32.0m) $13.0m ($107.0m) ($70.0m) ($63.0m) ($22.0m) ($22.0m) —
Interest Income (Expense), Nonoperating, Net ($510.0m) ($529.0m) — — — — — ($426.0m) ($533.0m) ($315.0m) $437.0m
TOTAL OTHER INCOME (EXPENSE) ($517.0m) ($3.8b) ($748.0m) $817.0m ($1.3b) $451.0m $277.0m $224.0m $330.0m ($337.0m)
INCOME BEFORE INCOME TAXES $4.4b $655.0m $1.7b $6.7b $4.9b $5.4b $5.8b $5.4b $5.8b $2.7b $5.8b
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — $4.3b — $5.8b
Current Income Tax Expense (Benefit) ($36.0m) $200.0m $35.0m $641.0m $748.0m $945.0m $1.7b $1.4b $1.9b $785.0m $1.4b
Income Tax Expense (Benefit) ($219.0m) $115.0m $383.0m $1.4b $1.1b $1.4b $1.5b $1.3b $1.4b $920.0m $1.4b
Net Income (Loss) Attributable to Parent
$4.6b +52.55%
$540.0m -88.19%
$1.3b +138.15%
$5.2b +306.77%
$3.8b -26.86%
$4.0b +3.82%
$4.3b +9.04%
$4.1b -5.52%
$4.4b +8.33%
$1.8b -58.94%
$4.4b +143.19%
Net Income (Loss) Available to Common Stockholders, Basic
$4.6b +52.56%
$539.0m -88.20%
$1.3b +138.22%
$5.2b +306.54%
$3.8b -26.84%
$4.0b +3.85%
$4.3b +9.05%
$4.1b -5.50%
$4.4b +8.29%
$1.8b -58.92%
$4.4b +143.45%
Earnings Per Share, Basic $11.09 $1.34 $3.19 $12.85 $9.44 $10.13 $11.30 $11.01 $18.71 $6.59 $18.71
Earnings Per Share, Diluted $10.90 $1.32 $3.18 $12.63 $9.30 $10.05 $11.17 $10.92 $18.55 $6.51 $18.55
Common Stock, Dividends, Per Share, Declared $1.30 $1.69 $1.69 $1.69 $1.95 $3.80 $2.45 $3.58 $5.80 $1.00 —
Weighted Average Number of Shares Outstanding, Basic 411.2m 403.5m 402.0m 406.6m 405.0m 391.2m 381.9m 371.2m 237.0m 276.0m 237.0m
Weighted Average Number of Shares Outstanding, Diluted 418.9m 408.1m 403.5m 412.7m 409.7m 394.3m 386.6m 374.2m 239.0m 279.0m 239.0m
Additional Financial Items
Business optimization and realignment costs — — — $116.0m $278.0m $309.0m $582.0m $756.0m $366.0m — —
Cost of Property Repairs and Maintenance $2.6b $2.8b $2.9b $3.3b $3.4b $3.4b $3.3b $3.2b $3.3b $2.1b —
Depreciation and amortization $3.1b $3.4b $3.6b $3.8b $4.0b $4.2b $4.3b $4.3b $4.4b $2.6b —
Fuel $3.4b $3.9b $3.2b $2.9b $5.1b $5.9b $4.7b $3.8b $4.1b $2.4b —
Goodwill and other asset impairment charges $380.0m — $435.0m — — $117.0m $157.0m $21.0m $23.0m — —
Goodwill, Impairment Loss $374.0m — $358.0m $0 — $36.0m — $0 $0 — $23.0m
Maintenance and repairs $2.6b $2.8b $2.9b $3.3b $3.4b $3.4b $3.3b $3.2b $3.3b $2.1b —
Other $9.4b $10.0b $10.5b $12.0b $13.6b $13.8b $12.7b $13.0b $14.0b $7.3b —
Other retirement plans income $598.0m ($3.3b) ($122.0m) $2.0b ($726.0m) $1.1b $722.0m $713.0m $885.0m — —
Other, net ($7.0m) ($31.0m) ($9.0m) ($32.0m) $13.0m ($107.0m) ($70.0m) ($63.0m) ($22.0m) ($22.0m) —
Purchased transportation $15.1b $16.7b $17.5b $21.7b $24.1b $21.8b $20.9b $21.8b $23.6b $10.0b —
Rentals and landing fees $3.4b $3.4b $3.7b $4.2b $4.7b $4.7b $4.6b $4.6b $4.9b $2.9b —
Separation and other costs — — — — — — $0 $38.0m $771.0m — —
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — $3.3b $122.0m ($2.0b) $726.0m ($1.1b) ($722.0m) ($713.0m) ($885.0m) — —
Total other (expense) income ($517.0m) ($3.8b) ($748.0m) $817.0m ($1.3b) $451.0m $277.0m $224.0m $330.0m ($337.0m) —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.