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FedEx FDX Federal Express segment — Other

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Other financials

Income statement

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Revenue$25.0B+12.5%
Operating income$1.6B-13.5%
Net income$1.6B-3.1%
EPS (diluted)$6.64-2.6%

Balance sheet

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Cash & equivalents$13.3B+142%
Total debt$42.8B+16.7%
Total equity$31.6B+12.7%
Total assets$98.9B+12.9%

Cash flow

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

Valuation

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Market cap$72.73B+41.7%
Enterprise value$102.2B+23.9%
P/E16.4×+3.9×
P/S0.8×+0.2×

Profitability

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Gross margin76%
Operating margin5.8%-0.2pp
Net margin4.7%0.0pp
FCF margin5.4%+2.0pp

Returns & leverage

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Return on equity14.8%+0.1pp
Debt / equity1.4×0.0×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by FedEx in its filing.

Tagged under the XBRL concept us-gaap:GoodwillOtherIncreaseDecrease.

The source filing: FedEx’s 10-K, filed July 20, 2026.

Filed
Jul 20, 2026, 4:14 PM EDT
Fiscal year
FY2026
Accession
0001048911-26-000105
Line itemFederal Express SegmentFed Ex Freight SegmentCorporate, Other, and EliminationsTotal
Accumulated impairment charges(133)(1,945)(2,078)
Balance as of May 31, 20245,769638166,423
Goodwill acquired(2)3838
Other(1)142142
Balance as of May 31, 20255,949638166,603
Goodwill acquired(2)55
Other(1)125125
Balance as of May 31, 20266,079638166,733

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is FedEx's federal express segment — other?
FedEx (FDX) reported federal express segment — other of $31.25M in Q1 2026.
How has FedEx's federal express segment — other changed year-over-year?
FedEx's federal express segment — other decreased by 12.0% year-over-year, from $35.5M to $31.25M.
What is the long-term trend for FedEx's federal express segment — other?
Over 2 years (2024 to 2026), FedEx's federal express segment — other has grown at a 222.7% compound annual growth rate (CAGR), from -$12M to $125M.
What does federal express segment — other mean?
Aggregated miscellaneous operating expenses or revenue items specific to the Federal Express segment that do not fit into primary categories like labor, fuel, or maintenance. This captures residual operational costs or minor revenue streams essential to segment reporting.

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