Business Segments · Fuel

FedEx Freight
Segment — Fuel

FedEx FedEx Freight
Segment — Fuel decreased by 5.5% to $104.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $112.00M to $104.00M. Over 2 years (FY 2024 to FY 2026), FedEx Freight
Segment — Fuel shows a downward trend with a -15.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ3 2022
Last reportedQ1 2026

How to read this metric

An increase often reflects rising energy prices or higher mileage, while a decrease suggests lower fuel prices or improved fuel efficiency.

Detailed definition

This captures the direct costs of fuel consumed by the freight segment's fleet. It is highly sensitive to global energy...

Peer comparison

Highly comparable across all transportation and logistics companies exposed to energy price fluctuations.

Metric ID: fdx_segment_fedex_freight_segment_fuel

Historical Data

15 periods
 Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$187.00M$187.00M$187.00M$187.00M$142.75M$142.75M$142.75M$142.75M$121.00M$111.00M$112.00M$113.00M$113.00M$110.00M$104.00M
QoQ Change+0.0%+0.0%+0.0%-23.7%+0.0%+0.0%+0.0%-15.2%-8.3%+0.9%+0.9%+0.0%-2.7%-5.5%
YoY Change-23.7%-23.7%-23.7%-23.7%-15.2%-22.2%-21.5%-20.8%-6.6%-0.9%-7.1%
Range$104.00M$187.00M
CAGR-15.4%
Avg YoY Growth-17.2%
Median YoY Growth-21.5%
Current Streak2 quarters decline

Frequently Asked Questions

What is FedEx's fedex freight
segment — fuel?
FedEx (FDX) reported fedex freight
segment — fuel of $104.00M in Q1 2026.
How has FedEx's fedex freight
segment — fuel changed year-over-year?
FedEx's fedex freight
segment — fuel decreased by 7.1% year-over-year, from $112.00M to $104.00M.
What is the long-term trend for FedEx's fedex freight
segment — fuel?
Over 2 years (2024 to 2026), FedEx's fedex freight
segment — fuel has grown at a -15.4% compound annual growth rate (CAGR), from $615.25M to $440.00M.
What does fedex freight
segment — fuel mean?
Total expenditure on fuel required to operate the freight vehicle fleet.