Federal Express segment — Salaries and employee benefits
FedEx Federal Express segment — Salaries and employee benefits increased by 6.0% to $7.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.2%, from $6.39B to $7.23B. Over 2 years (FY 2024 to FY 2026), Federal Express segment — Salaries and employee benefits shows relatively stable performance with a 4.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal higher headcount or rising labor costs, potentially pressuring margins.
Detailed definition
This captures the total labor-related costs, including wages, bonuses, and benefits, for personnel assigned to the expre...
Peer comparison
Comparable to segment-specific labor expenses at other large-scale transportation and logistics firms.
fdx_segment_total_federal_express_segment_salaries_and_employee_benefitsHistorical Data
| Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.13B | $6.13B | $6.13B | $6.13B | $6.15B | $6.15B | $6.15B | $6.15B | $6.20B | $6.33B | $6.39B | $6.17B | $6.52B | $6.82B | $7.23B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.3% | +0.0% | +0.0% | +0.0% | +0.8% | +2.1% | +1.0% | -3.4% | +5.6% | +4.7% | +6.0% |
| YoY Change | — | — | — | — | +0.3% | +0.3% | +0.3% | +0.3% | +0.8% | +2.9% | +3.9% | +0.3% | +5.1% | +7.8% | +13.2% |
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Frequently Asked Questions
- What is FedEx's federal express segment — salaries and employee benefits?
- FedEx (FDX) reported federal express segment — salaries and employee benefits of $7.23B in Q1 2026.
- How has FedEx's federal express segment — salaries and employee benefits changed year-over-year?
- FedEx's federal express segment — salaries and employee benefits increased by 13.2% year-over-year, from $6.39B to $7.23B.
- What is the long-term trend for FedEx's federal express segment — salaries and employee benefits?
- Over 2 years (2024 to 2026), FedEx's federal express segment — salaries and employee benefits has grown at a 4.3% compound annual growth rate (CAGR), from $24.59B to $26.74B.
- What does federal express segment — salaries and employee benefits mean?
- Total compensation costs for employees working in the express division.