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Fuel at other companies

United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
$1.08B+2.4%
Knight-Swift Transportation Holdings Inc. logo
Knight-Swift Transportation Holdings Inc.KNX
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT

Other financials

Income statement

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Revenue$24.0B+8.3%
Operating income$1.3B+4.3%
Net income$1.1B+16.2%
EPS (diluted)$4.41+17.3%

Balance sheet

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Cash & equivalents$8.0B+55.9%
Total debt$43.2B+14.9%
Total equity$29.8B+11.6%
Total assets$94.7B+11.4%

Cash flow

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Operating cash flow$2.0B-0.9%
CapEx$955.0M-4.2%
Free cash flow$1.0B+2.3%

Valuation

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Market cap$77.83B+43.7%
Enterprise value$113.03B+31.7%
P/E17.4×+3.5×
P/S0.9×+0.2×

Profitability

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Gross margin76%
Operating margin6.2%+0.5pp
Net margin4.9%+0.4pp
FCF margin4.8%+0.8pp

Returns & leverage

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Return on equity15.9%+1.1pp
Debt / equity1.4×0.0×
Current ratio1.5×+0.2×

Where this comes from

Reported directly by FedEx in its filing.

Tagged under the XBRL concept us-gaap:FuelCosts.

The official record: FedEx’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FedEx's fuel?
FedEx (FDX) reported fuel of $856M in Q4 2025.
How has FedEx's fuel changed year-over-year?
FedEx's fuel decreased by 3.7% year-over-year, from $889M to $856M.
What is the long-term trend for FedEx's fuel?
Over 4 years (2021 to 2025), FedEx's fuel has grown at a 7.0% compound annual growth rate (CAGR), from $2.88B to $3.78B.
What does fuel mean?
The total amount spent on fuel to operate the company's transportation fleet.
How do you interpret fuel?
Increases are typically driven by higher energy prices or increased volume, often requiring fuel surcharges to mitigate margin impact.
How does fuel compare across companies?
Highly comparable across all transportation and logistics peers; sensitive to global oil price benchmarks.