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FedEx FDX U.S. Pension Plans — Revenue

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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$73.51B+37.6%
Enterprise value$102.98B+21.7%
P/E16.6×+3.5×
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
$94,720$87,926$87,693
GEOGRAPHICAL INFORMATION(3)
Revenue:
U.S.$67,944$62,916$63,531
International:
Federal Express segment25,48023,72023,136
FedEx Freight segment243247266
Other1,0531,043760

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is FedEx's U.S. pension plans — revenue?
FedEx (FDX) reported U.S. pension plans — revenue of $17.8B in Q1 2026.
How has FedEx's U.S. pension plans — revenue changed year-over-year?
FedEx's U.S. pension plans — revenue increased by 11.8% year-over-year, from $15.92B to $17.8B.
What is the long-term trend for FedEx's U.S. pension plans — revenue?
Over 4 years (2022 to 2026), FedEx's U.S. pension plans — revenue has grown at a 1.1% compound annual growth rate (CAGR), from $64.94B to $67.94B.
What does U.S. pension plans — revenue mean?
This metric represents the total gross income generated by the specific U.S. pension plan segment within the organization. It reflects the financial inflows attributed to these retirement plan operations, excluding intersegment eliminations. Investors use this to assess the scale and revenue-generating capacity of the company's internal pension management activities.

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