Business Segments · Salaries and employee benefits

FedEx Freight
Segment — Salaries and employee benefits

FedEx FedEx Freight
Segment — Salaries and employee benefits decreased by 0.6% to $977.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $939.00M to $977.00M. Over 2 years (FY 2024 to FY 2026), FedEx Freight
Segment — Salaries and employee benefits shows relatively stable performance with a -0.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

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

How to read this metric

An increase relative to revenue may signal rising labor costs or inefficiencies, while a decrease may indicate improved productivity or reduced headcount.

Detailed definition

This includes all compensation, wages, and benefits paid to personnel directly involved in the freight segment's operati...

Peer comparison

Standard operating expense line item for all logistics and transportation firms.

Metric ID: fdx_segment_fedex_freight_segment_salaries_and_employee_benefits

Historical Data

15 periods
 Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.01B$1.01B$1.01B$1.01B$980.75M$980.75M$980.75M$980.75M$984.00M$976.00M$939.00M$966.00M$975.00M$983.00M$977.00M
QoQ Change+0.0%+0.0%+0.0%-3.3%+0.0%+0.0%+0.0%+0.3%-0.8%-3.8%+2.9%+0.9%+0.8%-0.6%
YoY Change-3.3%-3.3%-3.3%-3.3%+0.3%-0.5%-4.3%-1.5%-0.9%+0.7%+4.0%
Range$939.00M$1.01B
CAGR-1.1%
Avg YoY Growth-1.4%
Median YoY Growth-1.5%

Frequently Asked Questions

What is FedEx's fedex freight
segment — salaries and employee benefits?
FedEx (FDX) reported fedex freight
segment — salaries and employee benefits of $977.00M in Q1 2026.
How has FedEx's fedex freight
segment — salaries and employee benefits changed year-over-year?
FedEx's fedex freight
segment — salaries and employee benefits increased by 4.0% year-over-year, from $939.00M to $977.00M.
What is the long-term trend for FedEx's fedex freight
segment — salaries and employee benefits?
Over 2 years (2024 to 2026), FedEx's fedex freight
segment — salaries and employee benefits has grown at a -0.7% compound annual growth rate (CAGR), from $3.96B to $3.90B.
What does fedex freight
segment — salaries and employee benefits mean?
Total labor costs including wages and benefits for employees in the freight division.