FedEx logo

FedEx

FDXNYSEStock Fundamentals

FedEx is a leading global provider of transportation, e-commerce, and business services, operating an integrated air-ground network that connects more than 99% of the world's GDP. The company leverages a vast physical infrastructure, including the world's largest all-cargo air fleet, combined with digital intelligence to provide rapid, time-definite delivery and supply chain solutions. Its core value proposition centers on reliability, speed, and a comprehensive portfolio of integrated logistics services for businesses and consumers worldwide.

Market Cap$94.1B
Revenue TTM$91.9B
Net Income TTM$4.5B
P/E Ratio20.98
Net Margin4.88%
EPS TTM$18.73
Free Cash Flow TTM$4.4B
Employees823.6K
CEORajesh Subramaniam
CountryUnited States of America
Industrials
Integrated Freight & Logistics
SegmentsIntegrated Freight & Logistics, Air Freight & Logistics, Trucking
Business ModelsAsset-heavy logistics, B2B and B2C service provider, Data-driven commerce platform, Franchise-like independent contractor model
Most Recent EarningsMar 19, 2026 · 2 months 7 days agoQ3 2026
View report
Next EarningsJun 23, 2026 · In 4 weeksAfter Market Close · Q4 2026

Financials

Based on Q3 2026 filing

Op. Margin6.21%
ROE15.87%
D/E144.95%
Current Ratio1.47
Total Debt$43.2B
Cash$8.0B
CapEx TTM$3.8B

Net Income

View metric

Operating Cash Flow

View metric

Free Cash Flow

View metric

EPS (Diluted)

View metric

Business Segments

Federal Express

primary

The company's primary revenue driver, providing rapid, reliable, time-definite delivery to over 220 countries and territories. It operates a unified air-ground express network following the consolidation of its express and ground operations.

Products

FedEx First Overnight, FedEx Priority Overnight, FedEx Standard Overnight, FedEx 2Day, FedEx Express Saver, FedEx SameDay, FedEx International Priority, FedEx International Economy, FedEx International Connect Plus, fdx

Customers

E-commerce retailers, Residential consumers, Business-to-business shippers, Small and medium businesses

FedEx Freight

major

A leading North American provider of less-than-truckload (LTL) freight services, offering various speed and cost-balanced options for heavy shipments. The segment is currently being prepared for a planned full separation into a standalone public company.

Products

FedEx Freight Priority, FedEx Freight Economy, FedEx Freight Direct, FedEx Freight Priority Plus, FedEx Custom Critical

Customers

Industrial manufacturers, Retailers, E-commerce merchants for bulky goods, Cross-border shippers

FedEx Logistics

moderate

Provides a comprehensive suite of specialty integrated solutions including air and ocean freight forwarding, customs brokerage, and trade management. It also manages complex supply chains and e-commerce fulfillment through its supply chain unit.

Products

FedEx Trade Solutions, FedEx Fulfillment, Product Lifecycle Logistics, Global Ocean & Air Freight Forwarding

Customers

Multinational corporations, Healthcare companies, Technology and industrial firms, Import/Export businesses

FedEx Office

moderate

Provides a retail access network for the company's transportation segments while offering professional document, design, and business services. It serves as a critical hub for e-commerce returns and 'buy online, pickup in store' capabilities.

Products

FedEx Office Print On Demand, Print & Go, FedEx Pack Plus, FedEx Returns Technology, FedEx Consolidated Returns

Customers

Small business owners, Corporate enterprise customers, Retail consumers, University and healthcare campuses

Segment Financials

U.S. priority — REVENUE

View metric

Total Federal Express segment — Purchased transportation

View metric

Total Federal Express segment — Rentals and landing fees

View metric

FedEx Freight segment — Purchased transportation

View metric

FedEx Freight segment — Rentals and landing fees

View metric

FedEx Freight segment — Salaries and employee benefits

View metric

Federal Express segment — Business optimization and realignment costs

View metric

Business Overview

Competitive Position

A dominant global leader in express transportation and LTL freight with an unmatched global air-cargo network and high barriers to entry due to capital intensity.

Geographies

North America, Europe, Asia-Pacific, Latin America, Middle East, Africa

Customer Segments

Enterprise, Small and Medium Business (SMB), Retail Consumers, Government and Military

Upstream Dependencies

Aircraft manufacturers, Fuel suppliers, Vehicle manufacturers, Technology and cloud service providers, Independent service providers for pickup and delivery

Downstream Customers

E-commerce platforms, Retailers, Manufacturers, Individual consumers, Healthcare providers

Competitors & Partners

Subsidiaries

F

FedEx Freight, Inc.

LTL freight transportation subsidiary

F

FedEx Office and Print Services, Inc.

Retail and business services subsidiary

F

FedEx Logistics, Inc.

Freight forwarding and supply chain subsidiary

F

FedEx Dataworks, Inc.

Digital solutions and data science subsidiary

F

FedEx Custom Critical, Inc.

Expedited freight shipping subsidiary

FedEx logo

FedEx FAQ

Common questions about FedEx

FedEx is a leading global provider of transportation, e-commerce, and business services, operating an integrated air-ground network that connects more than 99% of the world's GDP. The company leverages a vast physical infrastructure, including the world's largest all-cargo air fleet, combined with digital intelligence to provide rapid, time-definite delivery and supply chain solutions. Its core value proposition centers on reliability, speed, and a comprehensive portfolio of integrated logistics services for businesses and consumers worldwide.

FedEx (FDX) has a market capitalization of $94.1B and trades on NYSE.

FedEx generated $91.9B in trailing twelve-month revenue with net income of $4.5B, representing a net margin of 4.9%, with free cash flow of $4.4B. These figures are based on the Q1 2026 filing.

FedEx's key competitors include United Parcel Service, Inc., Old Dominion Freight Line, Inc., XPO, Inc., and others. These companies compete in similar markets and product categories.

FedEx has approximately 823,600 employees.