FedEx FDX Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| REVENUE by Business | |||||
| FedEx Freight segment | $8.89B-5.7% | $9.43B-6.5% | $10.08B+5.8% | $9.53B+21.7% | |
| Total Federal Express segment | $75.3B+0.9% | $74.66B-1.6% | $75.88B— | —— | |
| Other by Business | |||||
| Federal Express segment | $142M+1,283% | -$12M— | —— | —— | |
| FedEx Freight Segment | $666M-2.1% | $680M-9.0% | $747M— | —— | |
| Total Federal Express segment | $11.96B+3.3% | $11.58B-5.9% | $12.31B— | —— | |
| Operating Income (Loss) by Business | |||||
| FedEx Freight segment | $1.49B-18.2% | $1.82B-5.9% | $1.94B+16.4% | $1.66B+65.5% | |
| Total Federal Express segment | $4.89B+1.4% | $4.82B+14.9% | $4.19B— | —— | |
| Costs and Expenses by Business | |||||
| FedEx Freight segment | $7.4B-2.7% | $7.61B-6.6% | $8.15B— | —— | |
| Total Federal Express segment | $70.42B+0.8% | $69.84B-2.6% | $71.69B— | —— | |
| Intercompany allocations by Business | |||||
| FedEx Freight segment | $573M+5.5% | $543M+0.2% | $542M— | —— | |
| Total Federal Express segment | -$791M-15.6% | -$684M+0.7% | -$689M— | —— | |
| Purchased transportation by Business | |||||
| FedEx Freight segment | $807M-8.0% | $877M-18.6% | $1.08B— | —— | |
| Total Federal Express segment | $19.97B+3.3% | $19.33B-1.8% | $19.68B— | —— | |
| Business optimization and realignment costs by Business | |||||
| Federal Express segment | $384M+53.0% | $251M+434% | $47M— | —— | |
| FedEx Freight Segment | $0— | $0— | $0— | —— | |
| Salaries and employee benefits by Business | |||||
| FedEx Freight segment | $3.87B-1.5% | $3.92B-3.3% | $4.06B— | —— | |
| Total Federal Express segment | $25.09B+2.0% | $24.61B+0.3% | $24.52B— | —— | |
| Rentals and landing fees by Business | |||||
| FedEx Freight segment | $287M+2.5% | $280M+4.1% | $269M— | —— | |
| Total Federal Express segment | $3.94B+2.0% | $3.86B-4.3% | $4.04B— | —— | |
| Fuel by Business | |||||
| FedEx Freight segment | $457M-20.0% | $571M-23.7% | $748M— | —— | |
| Total Federal Express segment | $3.32B-19.8% | $4.14B-19.8% | $5.16B— | —— | |
| D&A by Business | |||||
| FedEx Freight segment | $416M+3.0% | $404M+4.4% | $387M-4.7% | $406M-2.6% | |
| Total Federal Express segment | $3.72B-0.9% | $3.75B+2.7% | $3.66B— | —— | |
| Asset impairment charges by Business | |||||
| Federal Express segment | $21M-86.6% | $157M+124% | $70M— | —— | |
| FedEx Freight Segment | $0— | $0— | $0— | —— | |
| CapEx by Business | |||||
| FedEx Freight segment | $437M-5.2% | $461M-17.2% | $557M+74.6% | $319M-0.3% | |
| Total Federal Express segment | $3.51B-23.7% | $4.59B-16.2% | $5.48B— | —— | |
| Maintenance and repairs by Business | |||||
| FedEx Freight segment | $332M+0.6% | $330M+3.1% | $320M— | —— | |
| Total Federal Express segment | $2.8B-1.7% | $2.85B-2.1% | $2.91B— | —— | |
| Goodwill acquired by Business | |||||
| Federal Express segment | $38M— | —— | —— | —— | |
| FedEx Freight Segment | $0— | —— | —— | —— | |
| REVENUE by Product | |||||
| International domestic | $4.5B-3.5% | $4.66B+2.4% | $4.55B+4.9% | $4.34B-6.5% | |
| International economy | $5.86B+26.0% | $4.65B+40.7% | $3.31B+16.5% | $2.84B+7.8% | |
| International priority | $8.74B-7.6% | $9.45B-13.6% | $10.94B-9.8% | $12.13B+17.6% | |
| Other | $966M— | —— | $1.05B-25.4% | $1.41B-0.4% | |
| U.S. deferred | $5.01B+1.6% | $4.93B-3.9% | $5.13B-3.8% | $5.33B+6.9% | |
| U.S. ground | $33.89B+2.7% | $32.98B+1.9% | $32.35B— | —— | |
| U.S. priority | $10.52B-0.2% | $10.54B-3.2% | $10.9B— | —— | |
| U.S. | $1.54B— | —— | $2.88B-5.2% | $3.04B-8.5% | |
| Revenue by Product | |||||
| International economy | $1.98B— | —— | $1.72B+4.0% | $1.65B+4.5% | |
| International priority | $2.32B— | —— | $3.06B-20.4% | $3.84B+26.7% | |
| Number of aircraft to be permanently retired from service by Product | |||||
| Airbus A300-600 aircraft | 7— | —— | 2— | —— | |
| Boeing 757-200 aircraft | 2-90.9% | 22+450% | 4— | —— | |
| Boeing MD-11F aircraft | 3— | —— | 12— | —— | |
| REVENUE by Geography | |||||
| International | $25.01B+3.5% | $24.16B-4.4% | $25.27B-11.6% | $28.57B+13.5% | |
| U.S. Plans | $62.92B-1.0% | $63.53B-2.1% | $64.89B-0.1% | $64.94B+10.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does FedEx break its business down?
- FedEx (FDX) reports revenue by business across 2 parts — FedEx Freight segment and Total Federal Express segment. Each is extracted from the segment footnotes and tracked over time.
- Where does FedEx's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in FedEx's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
