FedEx Corporation
FDX Industrials Integrated Freight & Logistics
FedEx Corporation’s revenue for fiscal 2026 (year ended May 2026) was $94.7 billion, up 7.73% from fiscal 2025. In the quarter to May 2026, revenue grew 12.5%, EPS fell 4.07%, free cash flow grew 62.2% and total debt rose 25.0%, each against the same quarter a year earlier. Member of the S&P 500.
Follow FDX
FedEx Corporation (FDX) Operating margin
FedEx Corporation's operating margin over the twelve months to 31 May 2026 was 5.77%. Over the past ten years it has ranged from 3.49% (fiscal 2020) to 7.57% (fiscal 2017); the current reading is higher than 33% of that period. That is above the Integrated Freight & Logistics industry median of 0.92% and above the Industrials sector median of 5.13%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 5.77% | (0.16) |
| FY2025 | 5.93% | (0.41) |
| FY2024 | 6.34% | 0.89 |
| FY2023 | 5.45% | (1.23) |
| FY2022 | 6.68% | (0.30) |
| FY2021 | 6.98% | 3.49 |
| FY2020 | 3.49% | (2.92) |
| FY2019 | 6.41% | (0.12) |
| FY2018 | 6.53% | (1.04) |
| FY2017 | 7.57% | 1.46 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| May 2026 | 6.20% | 0.58 |
| Feb 2026 | 5.62% | (0.25) |
| Nov 2025 | 5.87% | 0.54 |
| Aug 2025 | 5.33% | (2.74) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PBI Pitney Bowes Inc. compare | 21.2% |
| ZTO ZTO Express (Cayman) Inc. compare | 21.0% |
| EXPD Expeditors International of Washington, Inc. compare | 9.83% |
| JBHT J.B. Hunt Transport Services, Inc. compare | 7.52% |
| UPS United Parcel Service, Inc. compare | 7.31% |
| FDX FedEx Corporation | 5.77% |
| CHRW C.H. Robinson Worldwide, Inc. compare | 4.90% |
| LSTR Landstar System, Inc. compare | 3.51% |
| GXO GXO Logistics, Inc. compare | 2.40% |
| Integrated Freight & Logistics industry median | 0.92% |
| Industrials sector median | 5.13% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on FDX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement