FedEx Corp (FDX) stock
FDXNYSEAir Courier ServicesFiscal year ends May 31
Financials through Q4 FY2026, quarter ended May 31, 2026Last filing: 10-Q on Oct 28, 2026Score 11/309% above fair value
$319.30−3.33 (-1.03%)
Close on Nov 12, 2026Market cap $74.78BP/E 17.2Yield 1.82%
FedEx profit margin
Profit margin (net margin) is net income as a percentage of revenue.
FedEx's profit margin for the twelve months ending May 31, 2026 was 4.7%. For fiscal 2026 it was 4.7%, against 4.7% the year before. The highest annual figure on record is 7.0% in fiscal 2018.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | May 31, 2026 | 4.7% | +0.0 |
| FY2025 | May 31, 2025 | 4.7% | −0.3 |
| FY2024 | May 31, 2024 | 4.9% | +0.5 |
| FY2023 | May 31, 2023 | 4.4% | +0.3 |
| FY2022 | May 31, 2022 | 4.1% | −2.1 |
| FY2021 | May 31, 2021 | 6.2% | +4.4 |
| FY2020 | May 31, 2020 | 1.9% | +1.1 |
| FY2019 | May 31, 2019 | 0.8% | −6.2 |
| FY2018 | May 31, 2018 | 7.0% | +2.0 |
| FY2017 | May 31, 2017 | 5.0% | +1.4 |
| FY2016 | May 31, 2016 | 3.6% | +1.4 |
| FY2015 | May 31, 2015 | 2.2% | −2.9 |
| FY2014 | May 31, 2014 | 5.1% | −1.0 |
| FY2013 | May 31, 2013 | 6.1% | +1.4 |
| FY2012 | May 31, 2012 | 4.8% | +1.1 |
| FY2011 | May 31, 2011 | 3.7% | +0.3 |
| FY2010 | May 31, 2010 | 3.4% | +3.1 |
| FY2009 | May 31, 2009 | 0.3% | −2.7 |
| FY2008 | May 31, 2008 | 3.0% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2026CQ2 2026 | May 31, 2026 | 6.4% | −1.0 |
| Q3 FY2026CQ1 2026 | Feb 28, 2026 | 4.4% | +0.3 |
| Q2 FY2026CQ4 2025 | Nov 30, 2025 | 4.1% | +0.7 |
| Q1 FY2026CQ3 2025 | Aug 31, 2025 | 3.7% | +0.0 |
| Q4 FY2025CQ2 2025 | May 31, 2025 | 7.4% | +0.7 |
| Q3 FY2025CQ1 2025 | Feb 28, 2025 | 4.1% | +0.1 |
| Q2 FY2025CQ4 2024 | Nov 30, 2024 | 3.4% | −0.7 |
| Q1 FY2025CQ3 2024 | Aug 31, 2024 | 3.7% | −1.3 |
| Q4 FY2024CQ2 2024 | May 31, 2024 | 6.7% | −0.3 |
| Q3 FY2024CQ1 2024 | Feb 29, 2024 | 4.0% | +0.6 |
| Q2 FY2024CQ4 2023 | Nov 30, 2023 | 4.1% | +0.6 |
| Q1 FY2024CQ3 2023 | Aug 31, 2023 | 5.0% | +1.2 |
| Q4 FY2023CQ2 2023 | May 31, 2023 | 7.0% | +4.7 |
| Q3 FY2023CQ1 2023 | Feb 28, 2023 | 3.5% | −1.2 |
| Q2 FY2023CQ4 2022 | Nov 30, 2022 | 3.5% | −1.0 |
| Q1 FY2023CQ3 2022 | Aug 31, 2022 | 3.8% | −1.3 |
| Q4 FY2022CQ2 2022 | May 31, 2022 | 2.3% | −6.0 |
| Q3 FY2022CQ1 2022 | Feb 28, 2022 | 4.7% | +0.6 |
| Q2 FY2022CQ4 2021 | Nov 30, 2021 | 4.4% | −1.5 |
| Q1 FY2022CQ3 2021 | Aug 31, 2021 | 5.1% | −1.4 |
| Q4 FY2021CQ2 2021 | May 31, 2021 | 8.3% | +10.2 |
| Q3 FY2021CQ1 2021 | Feb 28, 2021 | 4.1% | +2.3 |
| Q2 FY2021CQ4 2020 | Nov 30, 2020 | 6.0% | +2.7 |
| Q1 FY2021CQ3 2020 | Aug 31, 2020 | 6.4% | +2.1 |
| Q4 FY2020CQ2 2020 | May 31, 2020 | -1.9% | +9.1 |
| Q3 FY2020CQ1 2020 | Feb 29, 2020 | 1.8% | −2.5 |
| Q2 FY2020CQ4 2019 | Nov 30, 2019 | 3.2% | −2.0 |
| Q1 FY2020CQ3 2019 | Aug 31, 2019 | 4.4% | −0.5 |
| Q4 FY2019CQ2 2019 | May 31, 2019 | -11.1% | −17.6 |
| Q3 FY2019CQ1 2019 | Feb 28, 2019 | 4.3% | −8.2 |
| Q2 FY2019CQ4 2018 | Nov 30, 2018 | 5.2% | +0.5 |
| Q1 FY2019CQ3 2018 | Aug 31, 2018 | 4.9% | +1.0 |
| Q4 FY2018CQ2 2018 | May 31, 2018 | 6.5% | +0.0 |
| Q3 FY2018CQ1 2018 | Feb 28, 2018 | 12.5% | +8.8 |
| Q2 FY2018CQ4 2017 | Nov 30, 2017 | 4.8% | +0.1 |
| Q1 FY2018CQ3 2017 | Aug 31, 2017 | 3.9% | – |
| Q4 FY2017CQ2 2017 | May 31, 2017 | 6.5% | – |
| Q3 FY2017CQ1 2017 | Feb 28, 2017 | 3.7% | – |
| Q2 FY2017CQ4 2016 | Nov 30, 2016 | 4.7% | – |
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