FedEx FedEx Freight Segment — Salaries and employee benefits decreased by 0.6% to $977.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $939.00M to $977.00M. Over 2 years (FY 2024 to FY 2026), FedEx Freight Segment — Salaries and employee benefits shows relatively stable performance with a -0.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may signal rising labor costs or inefficiencies, while a decrease may indicate improved productivity or reduced headcount.
This includes all compensation, wages, and benefits paid to personnel directly involved in the freight segment's operati...
Standard operating expense line item for all logistics and transportation firms.
fdx_segment_fedex_freight_segment_salaries_and_employee_benefits| 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 | $1.01B | $1.01B | $1.01B | $1.01B | $980.75M | $980.75M | $980.75M | $980.75M | $984.00M | $976.00M | $939.00M | $966.00M | $975.00M | $983.00M | $977.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -3.3% | +0.0% | +0.0% | +0.0% | +0.3% | -0.8% | -3.8% | +2.9% | +0.9% | +0.8% | -0.6% |
| YoY Change | — | — | — | — | -3.3% | -3.3% | -3.3% | -3.3% | +0.3% | -0.5% | -4.3% | -1.5% | -0.9% | +0.7% | +4.0% |