What is FedEx's retained earnings?

FedEx (FDX) reported retained earnings of $44.46B in Q1 2026.

How has FedEx's retained earnings changed year-over-year?

FedEx's retained earnings increased by 7.4% year-over-year, from $41.4B to $44.46B.

What is the long-term trend for FedEx's retained earnings?

Over 5 years (2021 to 2026), FedEx's retained earnings has grown at a 8.3% compound annual growth rate (CAGR), from $29.82B to $44.46B.

What does retained earnings mean?

Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

FedEx FDX Retained Earnings

Retained Earnings at other companies

Pitney BowesPBI

$2.7B+1.1%

Old Dominion Freight LineODFL

$4.14B+3.9%

ArcBestARCB

$1.46B+0.4%

Forward AirFWRD

-$482.91M-23.9%

AmazonAMZN

$343.44B+65.0%

United Parcel Service, Inc.UPS

$18.83B-5.1%

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$73.96B+38.3%

Enterprise value$103.43B+22.0%

P/E16.7×+3.6×

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:RetainedEarningsAccumulatedDeficit.

The official record: FedEx’s 10-K, filed July 20, 2026, on SEC EDGAR. View the filing →

Ask your AI about FedEx's retained earnings.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is FedEx's retained earnings?: FedEx (FDX) reported retained earnings of $44.46B in Q1 2026.
How has FedEx's retained earnings changed year-over-year?: FedEx's retained earnings increased by 7.4% year-over-year, from $41.4B to $44.46B.
What is the long-term trend for FedEx's retained earnings?: Over 5 years (2021 to 2026), FedEx's retained earnings has grown at a 8.3% compound annual growth rate (CAGR), from $29.82B to $44.46B.
What does retained earnings mean?: Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.