← FEDEX CORP

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2016
Total Revenue $60.3b $65.5b $69.7b $69.2b $84.0b $93.5b $90.2b $87.7b $87.9b $94.7b $50.4b
Cost of Revenue $55.3b $60.6b $16.7b $16.5b $78.1b $87.3b $85.2b $82.1b $82.7b $89.3b $47.3b
Gross Profit (Calculated) (derived) $5.0b $4.9b $53.0b $52.7b $5.9b $6.2b $4.9b $5.6b $5.2b $5.5b $3.1b
Operating Expenses — — — — — — — — — — $47.3b
TOTAL OPERATING EXPENSES $55.3b $60.6b $65.2b $66.8b $78.1b $87.3b $85.2b $82.1b $82.7b $89.3b $47.3b
Total operating expenses $55.3b $60.6b $65.2b $66.8b $78.1b $87.3b $85.2b $82.1b $82.7b $89.3b $47.3b
Operating Income (Loss) $5.0b $4.9b $4.5b $2.4b $5.9b $6.2b $4.9b $5.6b $5.2b $5.5b $3.1b
Additional Financial Items
Amortization of Intangible Assets $91.0m $87.0m $82.0m $66.0m $49.0m $52.0m $52.0m $47.0m $48.0m $54.0m $14.0m
Debt Securities, Realized Gain (Loss) — — — — — — — — $0 $0 —
Depreciation and amortization $3.0b $3.1b $3.4b $3.6b $3.8b $4.0b $4.2b $4.3b $4.3b $4.4b $2.6b
Fuel $2.8b $3.4b $3.9b $3.2b $2.9b $5.1b $5.9b $4.7b $3.8b $4.1b $2.4b
Goodwill and other asset impairment charges — $380.0m — $435.0m — — $117.0m $157.0m $21.0m $23.0m —
Goodwill, Impairment Loss — $374.0m — $358.0m $0 — $36.0m — $0 $0 —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $4.3b —
Interest income $33.0m $48.0m $59.0m $55.0m $52.0m $53.0m $198.0m $370.0m $363.0m $437.0m $21.0m
Maintenance and repairs $2.4b $2.6b $2.8b $2.9b $3.3b $3.4b $3.4b $3.3b $3.2b $3.3b $2.1b
Other $8.8b $9.4b $10.0b $10.5b $12.0b $13.6b $13.8b $12.7b $13.0b $14.0b $7.3b
Other retirement plans income $471.0m $598.0m ($3.3b) ($122.0m) $2.0b ($726.0m) $1.1b $722.0m $713.0m $885.0m —
Other, net $21.0m ($7.0m) ($31.0m) ($9.0m) ($32.0m) $13.0m ($107.0m) ($70.0m) ($63.0m) ($22.0m) ($22.0m)
PROVISION FOR INCOME TAXES $1.6b ($219.0m) $115.0m $383.0m $1.4b $1.1b $1.4b $1.5b $1.3b $1.4b $920.0m
Purchased transportation $13.6b $15.1b $16.7b $17.5b $21.7b $24.1b $21.8b $20.9b $21.8b $23.6b $10.0b
Rentals and landing fees $3.2b $3.4b $3.4b $3.7b $4.2b $4.7b $4.7b $4.6b $4.6b $4.9b $2.9b
Salaries and employee benefits $21.5b $23.2b $24.8b $25.0b $30.2b $32.1b $31.0b $31.0b $31.2b $33.8b $18.6b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $4.6b $4.4b $655.0m $1.7b $6.7b $4.9b $5.4b $5.8b $5.4b $5.8b $2.7b
INCOME BEFORE INCOME TAXES $4.6b $4.4b $655.0m $1.7b $6.7b $4.9b $5.4b $5.8b $5.4b $5.8b $2.7b
Net Income (Loss) Attributable to Parent $3.0b $4.6b $540.0m $1.3b $5.2b $3.8b $4.0b $4.3b $4.1b $4.4b $1.8b
Net Income (Loss) Available to Common Stockholders, Basic $3.0b $4.6b $539.0m $1.3b $5.2b $3.8b $4.0b $4.3b $4.1b $4.4b $1.8b
Common Stock, Dividends, Per Share, Declared $1.04 $1.30 $1.69 $1.69 $1.69 $1.95 $3.80 $2.45 $3.58 $5.80 $1.00
Earnings Per Share, Basic $7.30 $11.09 $1.34 $3.19 $12.85 $9.44 $10.13 $11.30 $11.01 $18.71 $6.59
Earnings Per Share, Diluted $7.19 $10.90 $1.32 $3.18 $12.63 $9.30 $10.05 $11.17 $10.92 $18.55 $6.51
Weighted Average Number of Shares Outstanding, Basic 409.7m 411.2m 403.5m 402.0m 406.6m 405.0m 391.2m 381.9m 371.2m 237.0m 276.0m
Weighted Average Number of Shares Outstanding, Diluted 415.8m 418.9m 408.1m 403.5m 412.7m 409.7m 394.3m 386.6m 374.2m 239.0m 279.0m
Business optimization and realignment costs — — — — $116.0m $278.0m $309.0m $582.0m $756.0m $366.0m —
Cost of Property Repairs and Maintenance $2.4b $2.6b $2.8b $2.9b $3.3b $3.4b $3.4b $3.3b $3.2b $3.3b $2.1b
Current Income Tax Expense (Benefit) $642.0m ($36.0m) $200.0m $35.0m $641.0m $748.0m $945.0m $1.7b $1.4b $1.9b $785.0m
Fuel Costs $2.8b $3.4b $3.9b $3.2b $2.9b $5.1b $5.9b $4.7b $3.8b $4.1b $2.4b
Interest Expense $512.0m $558.0m $588.0m $672.0m $793.0m $689.0m $694.0m $745.0m ($789.0m) ($970.0m) $336.0m
Interest Expense (non-operating) — — — — — — — — $789.0m $970.0m —
Labor and Related Expense $21.5b $23.2b $24.8b $25.0b $30.2b $32.1b $31.0b $31.0b $31.2b $33.8b $18.6b
Marketing and Advertising Expense $458.0m $442.0m $468.0m $427.0m $428.0m $470.0m $435.0m $421.0m $425.0m $436.0m $417.0m
Other Cost and Expense, Operating $8.8b $9.4b $10.0b $10.5b $12.0b $13.6b $13.8b $12.7b $13.0b $14.0b $7.3b
Other Nonoperating Income (Expense) $21.0m ($7.0m) ($31.0m) ($9.0m) ($32.0m) $13.0m ($107.0m) ($70.0m) ($63.0m) ($22.0m) ($22.0m)
Restructuring and Related Cost, Incurred Cost — — — — — — — — — $13.0m —
Separation and other costs — — — — — — — $0 $38.0m $771.0m —
Income Tax Expense (Benefit) $1.6b ($219.0m) $115.0m $383.0m $1.4b $1.1b $1.4b $1.5b $1.3b $1.4b $920.0m
Interest Income (Expense), Nonoperating, Net ($479.0m) ($510.0m) ($529.0m) — — — — — ($426.0m) ($533.0m) ($315.0m)
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component — — $3.3b $122.0m ($2.0b) $726.0m ($1.1b) ($722.0m) ($713.0m) ($885.0m) —
TOTAL OTHER INCOME (EXPENSE) ($458.0m) ($517.0m) ($3.8b) ($748.0m) $817.0m ($1.3b) $451.0m $277.0m $224.0m $330.0m ($337.0m)
Total other (expense) income ($458.0m) ($517.0m) ($3.8b) ($748.0m) $817.0m ($1.3b) $451.0m $277.0m $224.0m $330.0m ($337.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.