FedEx Non-service pension and postretirement benefit expense remained flat by 0.0% to -$59.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.0%, from -$50.00M to -$59.00M. Over 4 years (FY 2022 to FY 2026), Non-service pension and postretirement benefit expense shows an upward trend with a -20.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher non-operating costs, often due to lower discount rates or poor plan asset performance, which reduces net income.
This represents the non-service components of net periodic benefit costs, such as interest costs, expected return on pla...
Standard across large-cap companies with legacy defined benefit plans; peers often report this within non-operating income or expense lines.
is_non_service_pension_and_postretirement_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | 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 | -$1.43B | -$216.00M | $47.00M | -$211.00M | $1.11B | -$101.00M | -$101.00M | -$102.00M | -$750.00M | -$39.00M | -$41.00M | -$40.00M | -$602.00M | -$49.00M | -$50.00M | -$50.00M | -$564.00M | -$60.00M | -$59.00M | -$59.00M |
| QoQ Change | — | +84.9% | +121.8% | -548.9% | +624.2% | -109.1% | +0.0% | -1.0% | -635.3% | +94.8% | -5.1% | +2.4% | <-999% | +91.9% | -2.0% | +0.0% | <-999% | +89.4% | +1.7% | +0.0% |
| YoY Change | — | — | — | — | +177.3% | +53.2% | -314.9% | +51.7% | -167.8% | +61.4% | +59.4% | +60.8% | +19.7% | -25.6% | -22.0% | -25.0% | +6.3% | -22.4% | -18.0% | -18.0% |