What are FedEx's profit margins?

FedEx (FDX) runs a 76.0% gross margin and a 6.2% operating margin, with a 4.9% net margin.

Where do FedEx's ratios come from?

Every ratio is computed from FedEx's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

FedEx FDX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Operating margin	23.1%-1.4pp	24.5%+1.0pp	23.5%-2.8pp	26.4%+4.1pp
Net margin	18.2%-1.4pp	19.5%+4.6pp	15%-6.1pp	21.1%+5.2pp
Returns
Return on equity	59.1%-7.2pp	66.3%+10.5pp	55.8%-26.5pp	82.3%+21.0pp
Return on invested capital	25.5%-1.9pp	27.5%-2.3pp	29.7%-4.2pp	34%+2.5pp
Efficiency
Asset turnover	4×0.0×	4.1×-0.3×	4.4×0.0×	4.4×+0.3×
Liquidity
Current ratio	4.9×-0.4×	5.4×0.0×	5.4×-0.4×	5.8×-0.7×
Leverage
Debt-to-equity	5.6×-0.1×	5.7×-0.4×	6.2×+0.1×	6.1×-1.1×
Net debt / EBITDA	13.9×+0.6×	13.3×-0.4×	13.7×+1.2×	12.5×-3.0×
Valuation
Market capitalization	$263.11B+3.0%	$255.43B+22.6%	$208.29B-16.2%	$248.54B-12.8%
Price / earnings	66.1×+6.6×	59.5×-0.9×	60.4×+7.5×	52.9×-48.9×
Price / sales	3×+0.1×	2.9×+0.7×	2.2×-0.5×	2.8×-0.9×
Price / book	9.7×+0.2×	9.5×+1.2×	8.3×-1.8×	10.1×-3.0×
EV / EBITDA	42×+2.2×	39.8×+4.3×	35.5×-2.3×	37.7×-13.2×
Dividend yield	8.1%+0.4pp	7.7%-0.3pp	8%+3.1pp	4.9%+1.0pp

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Questions, answered.

What are FedEx's profit margins?: FedEx (FDX) runs a 76.0% gross margin and a 6.2% operating margin, with a 4.9% net margin.
Where do FedEx's ratios come from?: Every ratio is computed from FedEx's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.