Skip to content
FedEx logo

FedEx

FDX

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.

Market cap
$73.91B+27.9%
Revenue$94.7B+7.7%
Net income$4.4B+8.4%
Free cash flow$5.1B+71.6%
EPS (diluted)$18.51+10.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 17, 2026 (in 2 months)
Revenue estimate$22.9B
EPS estimate$4.41

Financials

Q4 2026

Income statement

See full
Revenue$25.0B+12.5%
Operating income$1.6B-13.5%
Net income$1.6B-3.0%
EPS (diluted)$6.60-3.2%

Balance sheet

See full
Cash & equivalents$13.3B+142%
Total debt$23.3B-38.9%
Total equity$31.6B+12.7%
Total assets$107.19B+22.3%

Cash flow

See full
Operating cash flow$3.3B+29.6%
CapEx$1.5B+0.1%
Free cash flow$1.8B+71.2%

Valuation & ratios

Valuation

See full
Market cap$73.91B+27.9%
Enterprise value$83.89B-7.2%
P/E16.7×+2.5×
P/S0.8×+0.1×

Profitability

See full
Operating margin5.8%-0.2pp
Net margin4.7%0.0pp
FCF margin5.4%+2.0pp

Returns & leverage

See full
Return on equity14.8%+0.1pp
Debt / equity0.7×-0.6×
Current ratio1.5×+0.3×

Segments

By segment

See full
Total Federal Express segment$21.6B+13.7%
FedEx Freight segment$2.4B+4.8%

Competitors

Profile

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.

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.

GeographiesNorth America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Customer segmentsEnterprise, Small and Medium Business (SMB), Retail Consumers, Government and Military
Business modelAsset-heavy logistics, B2B and B2C service provider, Data-driven commerce platform, Franchise-like independent contractor model
SuppliersAircraft manufacturers, Fuel suppliers, Vehicle manufacturers, Technology and cloud service providers, Independent service providers for pickup and delivery
CustomersE-commerce platforms, Retailers, Manufacturers, Individual consumers, Healthcare providers
Listed1978
Employees823.6K
CEORajesh Subramaniam
Websitefedex.com
FilingsSEC EDGAR

Questions, answered.

What is FedEx's market cap?
FedEx (FDX) has a market capitalization of $73.9B and trades on NYSE.
What is FedEx's revenue and profitability?
FedEx generated $94.7B in trailing twelve-month revenue with net income of $4.4B, representing a net margin of 4.7%. Gross margin stands at 76.0%, with free cash flow of $5.1B. These figures are based on the Q2 2026 filing.
Who are FedEx's competitors?
FedEx's key competitors include United Parcel Service, Inc., XPO, Inc., Old Dominion Freight Line, Inc., and others. These companies compete in similar markets and product categories.
Who does FedEx partner with?
FedEx's notable partners include Walgreens, Dollar General, Walmart, and others.
What subsidiaries does FedEx have?
FedEx's subsidiaries include Federal Express Corporation, FedEx Freight, Inc., FedEx Office and Print Services, Inc., and others.
Where is FedEx headquartered?
FedEx is headquartered in United States of America and employs approximately 823,600 people. It has been publicly traded since 1978.