FEDEX CORP
FDX Industrials · TransportationEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-05-31.
▼−2 over range · as of 2026-05-31
Revenue +12.5% YoY, earnings -3.1% YoY · sector avg 71
▼−1 over range · as of 2026-05-31
6.4% net margin, 14% return on equity, 5% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
▲+7 over range · as of 2026-05-31
Net debt 1.3x EBITDA, 1.5x current ratio · sector avg 55
Latest quarter · ending 2026-05-31 · green = improving · click a row to chart it
Revenue $25.0B +4.2% Gross margin — — Operating margin 6.2% +0.6pp Net margin 6.4% +2.0pp Net income $1.6B +51.2% CHARTEDFilings
21-08 → 26-05 · following the period bar 21 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | no filing | no filing | 10-Q Q3 2026 | 10-K FY 2026 |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | no filing | no filing |
All 21 filings
10-Q Q2 2024 2024-12-19 Pro → 10-Q Q1 2024 2024-09-19 Pro → 10-K FY 2024 2024-07-15 Pro → 10-Q Q3 2024 2024-03-21 Pro → 10-Q Q2 2023 2023-12-19 Pro → 10-Q Q1 2023 2023-09-20 Pro → 10-K FY 2023 2023-07-17 Pro → 10-Q Q3 2023 2023-03-16 Pro → 10-Q Q2 2022 2022-12-20 Pro → 10-Q Q1 2022 2022-09-22 Pro → 10-K FY 2022 2022-07-18 Pro → 10-Q Q3 2022 2022-03-17 Pro → 10-Q Q2 2021 2021-12-16 Pro → 10-Q Q1 2021 2021-09-21 Pro → 10-K/A —covered period not dated yet — listed by filing date 2019-08-15 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 21-08 | 2021-08-31 | $22.0B |
| 21-11 | 2021-11-30 | $23.5B |
| 22-02 | 2022-02-28 | $23.6B |
| 22-05 | 2022-05-31 | $24.4B |
| 22-08 | 2022-08-31 | $23.2B |
| 22-11 | 2022-11-30 | $22.8B |
| 23-02 | 2023-02-28 | $22.2B |
| 23-05 | 2023-05-31 | $21.9B |
| 23-08 | 2023-08-31 | $21.7B |
| 23-11 | 2023-11-30 | $22.2B |
| 24-02 | 2024-02-29 | $21.7B |
| 24-05 | 2024-05-31 | $22.1B |
| 24-08 | 2024-08-31 | $21.6B |
| 24-11 | 2024-11-30 | $22.0B |
| 25-02 | 2025-02-28 | $22.2B |
| 25-05 | 2025-05-31 | $22.2B |
| 25-08 | 2025-08-31 | $22.2B |
| 25-11 | 2025-11-30 | $23.5B |
| 26-02 | 2026-02-28 | $24.0B |
| 26-05 | 2026-05-31 | $25.0B |
| Period | Period end | Net income |
|---|---|---|
| 21-08 | 2021-08-31 | $1.1B |
| 21-11 | 2021-11-30 | $1.0B |
| 22-02 | 2022-02-28 | $1.1B |
| 22-05 | 2022-05-31 | $558.0M |
| 22-08 | 2022-08-31 | $875.0M |
| 22-11 | 2022-11-30 | $788.0M |
| 23-02 | 2023-02-28 | $771.0M |
| 23-05 | 2023-05-31 | $1.5B |
| 23-08 | 2023-08-31 | $1.1B |
| 23-11 | 2023-11-30 | $900.0M |
| 24-02 | 2024-02-29 | $879.0M |
| 24-05 | 2024-05-31 | $1.5B |
| 24-08 | 2024-08-31 | $794.0M |
| 24-11 | 2024-11-30 | $741.0M |
| 25-02 | 2025-02-28 | $909.0M |
| 25-05 | 2025-05-31 | $1.6B |
| 25-08 | 2025-08-31 | $824.0M |
| 25-11 | 2025-11-30 | $956.0M |
| 26-02 | 2026-02-28 | $1.1B |
| 26-05 | 2026-05-31 | $1.6B |
| Period | Period end | Operating income |
|---|---|---|
| 21-08 | 2021-08-31 | $1.4B |
| 21-11 | 2021-11-30 | $1.6B |
| 22-02 | 2022-02-28 | $1.3B |
| 22-05 | 2022-05-31 | $1.9B |
| 22-08 | 2022-08-31 | $1.2B |
| 22-11 | 2022-11-30 | $1.2B |
| 23-02 | 2023-02-28 | $1.0B |
| 23-05 | 2023-05-31 | $1.5B |
| 23-08 | 2023-08-31 | $1.5B |
| 23-11 | 2023-11-30 | $1.3B |
| 24-02 | 2024-02-29 | $1.2B |
| 24-05 | 2024-05-31 | $1.6B |
| 24-08 | 2024-08-31 | $1.1B |
| 24-11 | 2024-11-30 | $1.1B |
| 25-02 | 2025-02-28 | $1.3B |
| 25-05 | 2025-05-31 | $1.8B |
| 25-08 | 2025-08-31 | $1.2B |
| 25-11 | 2025-11-30 | $1.4B |
| 26-02 | 2026-02-28 | $1.3B |
| 26-05 | 2026-05-31 | $1.6B |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 21-08 | 2021-08-31 | not scored | not scored | not scored |
| 21-11 | 2021-11-30 | not scored | not scored | not scored |
| 22-02 | 2022-02-28 | not scored | not scored | not scored |
| 22-05 | 2022-05-31 | not scored | not scored | not scored |
| 22-08 | 2022-08-31 | not scored | not scored | not scored |
| 22-11 | 2022-11-30 | not scored | not scored | not scored |
| 23-02 | 2023-02-28 | not scored | not scored | not scored |
| 23-05 | 2023-05-31 | not scored | not scored | not scored |
| 23-08 | 2023-08-31 | 44 | 31 | 62 |
| 23-11 | 2023-11-30 | 35 | 33 | 63 |
| 24-02 | 2024-02-29 | 38 | 35 | 63 |
| 24-05 | 2024-05-31 | 29 | 32 | 67 |
| 24-08 | 2024-08-31 | 15 | 29 | 56 |
| 24-11 | 2024-11-30 | 23 | 29 | 43 |
| 25-02 | 2025-02-28 | 43 | 30 | 49 |
| 25-05 | 2025-05-31 | 43 | 34 | 46 |
| 25-08 | 2025-08-31 | 40 | 27 | 52 |
| 25-11 | 2025-11-30 | 63 | 30 | 58 |
| 26-02 | 2026-02-28 | 57 | 28 | 64 |
| 26-05 | 2026-05-31 | 42 | 30 | 69 |