Discontinued — last reported Q1 '24
Business Segments · Operating Income
Fedex Express — Operating Income
FedEx Fedex Express — Operating Income decreased by 13.7% to $201.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 53.3%, from $430.00M to $201.00M. Over 3 years (FY 2021 to FY 2024), Fedex Express — Operating Income shows a downward trend with a -34.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ2 2013
Last reportedQ1 2024
Rolls up toOperating Income
How to read this metric
Higher margins indicate strong operational efficiency and effective cost management within the segment.
Detailed definition
The profit or loss generated by the Express segment after deducting operating expenses from revenue. It measures the cor...
Peer comparison
The primary measure of segment performance across the logistics industry.
Metric ID:
fdx_segment_fedex_express_operating_income_lossHistorical Data
13 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $737.00M | $567.00M | $949.00M | $520.00M | $886.00M | $174.00M | $341.00M | $119.00M | $430.00M | $205.00M | $137.00M | $233.00M | $201.00M |
| QoQ Change | — | -23.1% | +67.4% | -45.2% | +70.4% | -80.4% | +96.0% | -65.1% | +261.3% | -52.3% | -33.2% | +70.1% | -13.7% |
| YoY Change | — | — | — | — | +20.2% | -69.3% | -64.1% | -77.1% | -51.5% | +17.8% | -59.8% | +95.8% | -53.3% |
Range$119.00M – $949.00M
CAGR-35.2%
Avg YoY Growth-26.8%
Median YoY Growth-53.3%
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Frequently Asked Questions
- What is FedEx's fedex express — operating income?
- FedEx (FDX) reported fedex express — operating income of $201.00M in Q1 2024.
- How has FedEx's fedex express — operating income changed year-over-year?
- FedEx's fedex express — operating income decreased by 53.3% year-over-year, from $430.00M to $201.00M.
- What is the long-term trend for FedEx's fedex express — operating income?
- Over 3 years (2021 to 2024), FedEx's fedex express — operating income has grown at a -34.9% compound annual growth rate (CAGR), from $2.81B to $776.00M.
- What does fedex express — operating income mean?
- The core operating profit or loss of the Express segment.