FedEx Historical Income Statement

FDX Stock

USD 261.86 1.13 0.43%

Historical analysis of FedEx income statement accounts such as Total Revenue of 7.1 B or Gross Profit of 5.7 B can show how well FedEx performed in making a profits. Evaluating FedEx income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FedEx's future profits or losses.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining FedEx latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FedEx is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

About FedEx Income Statement Analysis

FedEx Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FedEx shareholders. The income statement also shows FedEx investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

FedEx Income Statement Chart

FedEx Income Statement is one of the three primary financial statements used for reporting FedEx's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FedEx revenue and expense. FedEx Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, FedEx's Depreciation And Amortization is fairly stable compared to the past year. EBITDA is likely to rise to about 12 B in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income Total Operating Expenses Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts FedEx generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of FedEx minus its cost of goods sold. It is profit before FedEx operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FedEx. It is also known as FedEx overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from FedEx operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FedEx is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from FedEx's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FedEx current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.At this time, FedEx's Depreciation And Amortization is fairly stable compared to the past year. EBITDA is likely to rise to about 12 B in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

	2020	2021	2022	2024 (projected)
Gross Profit	18.0B	20.2B	19.2B	5.7B
Total Revenue	84.0B	93.5B	90.2B	7.1B

Gross Profit Total Revenue

FedEx income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Non Recurring	Tax Provision	Discontinued Operations	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.28	0.24	0.17	0.2	0.53	0.4	0.94	0.24	-0.02	0.42	-0.02	0.43	0.38	-0.25	0.29	0.4	0.67	-0.6	0.48	0.62	-0.57	0.41	0.86	-0.82
Interest Expense	0.28		0.89	0.58	0.88	0.75	0.75	0.38	0.91	0.54	0.5	-0.4	0.59	0.22	0.24	0.56	-0.22	0.0	-0.1	0.05	-0.32	-0.77	-0.05	0.31	-0.61
Total Revenue	0.24	0.89		0.77	1.0	0.78	0.82	0.36	0.99	0.75	0.63	-0.3	0.69	0.47	0.53	0.64	-0.18	-0.14	-0.21	0.07	-0.4	-0.54	-0.01	0.26	-0.5
Gross Profit	0.17	0.58	0.77		0.76	0.69	0.69	0.3	0.66	0.97	0.62	-0.16	0.63	0.56	0.38	0.58	-0.11	-0.07	-0.21	0.08	-0.3	-0.35	0.02	0.17	-0.33
Other Operating Expenses	0.2	0.88	1.0	0.76		0.74	0.79	0.31	0.99	0.76	0.61	-0.31	0.67	0.45	0.56	0.62	-0.19	-0.17	-0.2	0.05	-0.41	-0.51	-0.01	0.23	-0.48
Operating Income	0.53	0.75	0.78	0.69	0.74		0.96	0.65	0.74	0.52	0.78	-0.17	0.8	0.62	0.12	0.74	-0.06	0.24	-0.3	0.3	-0.14	-0.73	0.02	0.44	-0.58
Ebit	0.4	0.75	0.82	0.69	0.79	0.96		0.57	0.79	0.55	0.73	-0.25	0.75	0.58	0.27	0.68	-0.19	0.15	-0.2	0.25	-0.26	-0.64	-0.06	0.3	-0.47
Ebitda	0.94	0.38	0.36	0.3	0.31	0.65	0.57		0.35	0.11	0.51	-0.08	0.53	0.43	-0.15	0.39	0.27	0.68	-0.59	0.59	0.52	-0.58	0.37	0.79	-0.81
Cost Of Revenue	0.24	0.91	0.99	0.66	0.99	0.74	0.79	0.35		0.65	0.59	-0.32	0.66	0.41	0.53	0.61	-0.19	-0.14	-0.2	0.07	-0.39	-0.55	-0.02	0.27	-0.51
Total Operating Expenses	-0.02	0.54	0.75	0.97	0.76	0.52	0.55	0.11	0.65		0.49	-0.18	0.52	0.46	0.49	0.48	-0.16	-0.22	-0.14	-0.03	-0.38	-0.21	0.0	0.05	-0.21
Income Before Tax	0.42	0.5	0.63	0.62	0.61	0.78	0.73	0.51	0.59	0.49		0.43	0.98	0.9	0.25	0.96	0.45	-0.06	-0.59	0.54	-0.16	-0.52	0.4	0.35	-0.32
Total Other Income Expense Net	-0.02	-0.4	-0.3	-0.16	-0.31	-0.17	-0.25	-0.08	-0.32	-0.18	0.43		0.35	0.51	-0.06	0.42	0.84	-0.3	-0.42	0.52	0.07	0.19	0.55	-0.02	0.35
Net Income	0.43	0.59	0.69	0.63	0.67	0.8	0.75	0.53	0.66	0.52	0.98	0.35		0.85	0.24	0.97	0.41	-0.01	-0.59	0.53	-0.18	-0.61	0.37	0.39	-0.4
Income Tax Expense	0.38	0.22	0.47	0.56	0.45	0.62	0.58	0.43	0.41	0.46	0.9	0.51	0.85		0.38	0.79	0.53	-0.11	-0.59	0.42	-0.04	-0.25	0.43	0.29	-0.14
Selling General Administrative	-0.25	0.24	0.53	0.38	0.56	0.12	0.27	-0.15	0.53	0.49	0.25	-0.06	0.24	0.38		0.18	-0.13	-0.59	-0.05	-0.18	-0.4	0.28	0.02	-0.29	0.24
Net Income From Continuing Ops	0.29	0.56	0.64	0.58	0.62	0.74	0.68	0.39	0.61	0.48	0.96	0.42	0.97	0.79	0.18		0.41	-0.11	-0.56	0.55	-0.25	-0.54	0.38	0.32	-0.31
Non Operating Income Net Other	0.4	-0.22	-0.18	-0.11	-0.19	-0.06	-0.19	0.27	-0.19	-0.16	0.45	0.84	0.41	0.53	-0.13	0.41		0.0	-0.65	0.58	0.42	-0.07	0.73	0.41	-0.09
Selling And Marketing Expenses	0.67	0.0	-0.14	-0.07	-0.17	0.24	0.15	0.68	-0.14	-0.22	-0.06	-0.3	-0.01	-0.11	-0.59	-0.11	0.0		-0.34	0.33	0.71	-0.4	0.03	0.7	-0.65
Non Recurring	-0.6	-0.1	-0.21	-0.21	-0.2	-0.3	-0.2	-0.59	-0.2	-0.14	-0.59	-0.42	-0.59	-0.59	-0.05	-0.56	-0.65	-0.34		-0.62	-0.5	0.21	-0.74	-0.69	0.5
Tax Provision	0.48	0.05	0.07	0.08	0.05	0.3	0.25	0.59	0.07	-0.03	0.54	0.52	0.53	0.42	-0.18	0.55	0.58	0.33	-0.62		0.39	-0.23	0.52	0.55	-0.34
Discontinued Operations	0.62	-0.32	-0.4	-0.3	-0.41	-0.14	-0.26	0.52	-0.39	-0.38	-0.16	0.07	-0.18	-0.04	-0.4	-0.25	0.42	0.71	-0.5	0.39		0.0	0.48	0.71	-0.44
Net Interest Income	-0.57	-0.77	-0.54	-0.35	-0.51	-0.73	-0.64	-0.58	-0.55	-0.21	-0.52	0.19	-0.61	-0.25	0.28	-0.54	-0.07	-0.4	0.21	-0.23	0.0		0.0	-0.53	0.71
Interest Income	0.41	-0.05	-0.01	0.02	-0.01	0.02	-0.06	0.37	-0.02	0.0	0.4	0.55	0.37	0.43	0.02	0.38	0.73	0.03	-0.74	0.52	0.48	0.0		0.46	-0.28
Reconciled Depreciation	0.86	0.31	0.26	0.17	0.23	0.44	0.3	0.79	0.27	0.05	0.35	-0.02	0.39	0.29	-0.29	0.32	0.41	0.7	-0.69	0.55	0.71	-0.53	0.46		-0.87
Extraordinary Items	-0.82	-0.61	-0.5	-0.33	-0.48	-0.58	-0.47	-0.81	-0.51	-0.21	-0.32	0.35	-0.4	-0.14	0.24	-0.31	-0.09	-0.65	0.5	-0.34	-0.44	0.71	-0.28	-0.87

Click cells to compare fundamentals

FedEx Account Relationship Matchups

FedEx income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.6B	4.4B	4.5B	5.0B	5.8B	6.1B
Total Revenue	69.7B	69.2B	84.0B	93.5B	90.2B	7.1B
Gross Profit	14.8B	13.3B	18.0B	20.2B	19.2B	5.7B
Other Operating Expenses	64.9B	66.4B	78.0B	87.0B	84.8B	957.6M
Operating Income	4.5B	3.3B	5.9B	6.2B	4.9B	2.3B
Ebit	5.1B	3.3B	5.9B	6.2B	4.9B	1.8B
Ebitda	6.9B	10.3B	10.8B	9.9B	11.4B	12.0B
Cost Of Revenue	54.9B	55.9B	66.0B	73.3B	71.0B	1.4B
Income Before Tax	655M	1.7B	6.7B	4.9B	5.4B	2.0B
Total Other Income Expense Net	(3.6B)	(1.6B)	817M	(1.3B)	451M	(267.8M)
Net Income	540M	1.3B	5.2B	3.8B	4.0B	1.3B
Income Tax Expense	115M	383M	1.4B	1.1B	1.4B	619.0M
Selling General Administrative	9.6B	10.1B	11.3B	13.2B	13.4B	1.8B
Net Income Applicable To Common Shares	540M	1.3B	5.2B	3.8B	4.0B	1.9B
Net Income From Continuing Ops	540M	1.3B	5.2B	3.8B	4.0B	1.1B
Non Operating Income Net Other	(76M)	1.6B	(660M)	1.1B	1.3B	1.4B
Selling And Marketing Expenses	427M	428M	470M	435M	500.3M	477.9M
Tax Provision	383M	1.4B	1.1B	1.4B	1.6B	887.6M
Net Interest Income	(617M)	(741M)	(636M)	(496M)	(446.4M)	(468.7M)
Interest Income	55M	741M	53M	496M	570.4M	598.9M
Reconciled Depreciation	3.6B	3.8B	4.0B	4.2B	4.8B	3.9B

FedEx Investors Sentiment

The influence of FedEx's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FedEx. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to FedEx's public news can be used to forecast risks associated with an investment in FedEx. The trend in average sentiment can be used to explain how an investor holding FedEx can time the market purely based on public headlines and social activities around FedEx. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

FedEx's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FedEx's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FedEx's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FedEx.

FedEx Implied Volatility

39.26

FedEx's implied volatility exposes the market's sentiment of FedEx stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if FedEx's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that FedEx stock will not fluctuate a lot when FedEx's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FedEx in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FedEx's short interest history, or implied volatility extrapolated from FedEx options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether FedEx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FedEx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fedex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fedex Stock:

How To Invest In FedEx

Details

Is FedEx Stock a good investment?

Details

What is FedEx's Net Worth?

Details

Largest Air Freight & Logistics Companies

View

Largest Integrated Freight & Logistics Companies

View

For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

Note that the FedEx information on this page should be used as a complementary analysis to other FedEx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for FedEx Stock analysis

When running FedEx's price analysis, check to measure FedEx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.

	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world

Is FedEx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FedEx. If investors know FedEx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FedEx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.13)

Dividend Share

5.04

Earnings Share

17.33

Revenue Per Share

350.758

Quarterly Revenue Growth

0.139

The market value of FedEx is measured differently than its book value, which is the value of FedEx that is recorded on the company's balance sheet. Investors also form their own opinion of FedEx's value that differs from its market value or its book value, called intrinsic value, which is FedEx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FedEx's market value can be influenced by many factors that don't directly affect FedEx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between FedEx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

FedEx Historical Income Statement

About FedEx Income Statement Analysis

FedEx Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Total Operating Expenses

FedEx income statement Correlations

FedEx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FedEx income statement Accounts

FedEx Investors Sentiment

FedEx Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for FedEx Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.98	Income Before Tax
Total Operating Expenses	+ 0.97	Gross Profit
Net Income From Continuing Ops	+ 0.97	Net Income

Extraordinary Items	- 0.87	Reconciled Depreciation
Extraordinary Items	- 0.82	Depreciation And Amortization
Extraordinary Items	- 0.81	Ebitda
Net Interest Income	- 0.77	Interest Expense
Interest Income	- 0.74	Non Recurring
Net Interest Income	- 0.73	Operating Income