stockrowFedEx 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.
- Revenue
- +11.9%
- EPS
- −68.5%
- Free cash flow
- +62.2%
- Total debt
- −18.3%
Quarter to September 2026, against a year earlier
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FedEx Corporation (FDX) Operating margin
FedEx Corporation's operating margin over the twelve months to 30 September 2026 was 5.61%, down 0.2 percentage points from fiscal 2026 (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 5.21%.
Operating margin, annual
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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) |
|---|---|---|
| Sep 2026 | 4.67% | (1.53) |
| May 2026 | 6.20% | 0.58 |
| Feb 2026 | 5.62% | (0.25) |
| Nov 2025 | 5.87% | 1.11 |
| 44 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| ZTO ZTO Express (Cayman) Inc. compare | 21.0% |
| EXPD Expeditors International of Washington, Inc. compare | 10.1% |
| JBHT J.B. Hunt Transport Services, Inc. compare | 7.20% |
| UPS United Parcel Service, Inc. compare | 7.13% |
| FDX FedEx Corporation | 5.61% |
| CHRW C.H. Robinson Worldwide, Inc. compare | 4.86% |
| LSTR Landstar System, Inc. compare | 4.05% |
| GXO GXO Logistics, Inc. compare | 2.21% |
| FDXF FedEx Freight Holding Company Inc. compare | — |
| Integrated Freight & Logistics industry median | 0.92% |
| Industrials sector median | 5.21% |
| 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
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- Revenue
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- Net margin
- Free cash flow margin
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