Skip to content
Screener

FedEx FDX Federal Express segment — Salaries and employee benefits

Other segment segments

FedEx Freight
Segment
$1.06B+9.3%

Similar metrics at other companies

Western Alliance Bancorporation logo
WALCommercial Segment — Salaries and employee benefits
$44M-0.5%
Fulton Financial logo
FULTReportable Segment — Salaries and employee benefits
$110.89M+2.5%
PCB Bancorp logo
PCBReportable Segment — Salaries and employee benefits
$9.72M+7.1%
OppFi logo
OPFIReportable Segment — Salaries and employee benefits
$14.25M+3.5%
HOM
HOMBBanking Segment — Salaries and employee benefits
$68.74M+6.9%
Western Alliance Bancorporation logo
WALConsumer Related Segment — Salaries and employee benefits
$50.8M+17.9%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$73.16B+42.6%
Enterprise value$102.63B+24.4%
P/E16.5×+4.0×
P/S0.8×+0.2×

Profitability

See full
Gross margin76%—
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 / 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:LaborAndRelatedExpense.

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 item202620252024
Federal Express segment:
Revenue$82,273$75,304$74,663
Operating expenses:
Salaries and employee benefits27,46525,09124,606
Purchased transportation21,81219,97419,330
Rentals and landing fees4,1533,9393,863
Depreciation and amortization3,7993,7223,754
Fuel3,5653,3164,137

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is FedEx's federal express segment — salaries and employee benefits?
FedEx (FDX) reported federal express segment — salaries and employee benefits of $6.89B in Q1 2026.
How has FedEx's federal express segment — salaries and employee benefits changed year-over-year?
FedEx's federal express segment — salaries and employee benefits increased by 11.7% year-over-year, from $6.17B to $6.89B.
What is the long-term trend for FedEx's federal express segment — salaries and employee benefits?
Over 3 years (2023 to 2026), FedEx's federal express segment — salaries and employee benefits has grown at a 3.8% compound annual growth rate (CAGR), from $24.52B to $27.47B.
What does federal express segment — salaries and employee benefits mean?
This captures the total labor-related costs, including wages, bonuses, and benefits, for personnel assigned to the express segment. It is a primary driver of operating expenses and reflects labor market conditions and workforce productivity.

Ask your AI about FedEx's federal express segment — salaries and employee benefits.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude