FDX · XBRL financial data
FedEx financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (FDX's year ends in late May)
| In millions of dollars | May 31, 2021 | May 31, 2022 | May 31, 2023 | May 31, 2024 | May 31, 2025 | May 31, 2026 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 83,959 | 93,512 | 90,155 | 87,693 | 87,926 | 94,720 |
| Operating income (loss) | 5,857 | 6,245 | 4,912 | 5,559 | 5,217 | 5,463 |
| Interest income | 52 | 53 | 198 | 370 | 363 | 437 |
| Interest expense | 793 | 689 | 694 | 745 | 789 | 970 |
| Other income (expense) | (32) | 13 | (107) | (70) | (63) | (22) |
| Income tax expense (benefit) | 1,443 | 1,070 | 1,391 | 1,505 | 1,349 | 1,360 |
| Net income (loss) | 5,231 | 3,826 | 3,972 | 4,331 | 4,092 | 4,433 |
| Earnings per share, basic USD per share | 19.79 | 14.54 | 15.60 | 17.41 | 16.96 | 18.71 |
| Earnings per share, diluted USD per share | 19.45 | 14.33 | 15.48 | 17.21 | 16.81 | 18.55 |
| Weighted average shares, basic millions of shares | 264 | 263 | 254 | 248 | 241 | 237 |
| Weighted average shares, diluted millions of shares | 268 | 266 | 256 | 251 | 243 | 239 |
Balance sheet
CSVFiscal years (FDX's year ends in late May)
| In millions of dollars | May 31, 2021 | May 31, 2022 | May 31, 2023 | May 31, 2024 | May 31, 2025 | May 31, 2026 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7,087 | 6,897 | 6,856 | 6,501 | 5,502 | 13,311 |
| Short-term investments | — | — | — | — | — | 0 |
| Prepaid and other current assets | 837 | 968 | 962 | 1,005 | 914 | 1,251 |
| Total current assets | 20,580 | 20,365 | 18,610 | 18,207 | 18,386 | 27,903 |
| Property and equipment, net | 35,752 | 38,091 | 40,698 | 41,491 | 41,642 | 39,122 |
| Right-of-use asset | 15,383 | 16,613 | 17,347 | 17,115 | 16,453 | 16,822 |
| Goodwill | 6,992 | 6,544 | 6,435 | 6,423 | 6,603 | 6,733 |
| Total assets | 82,777 | 85,994 | 87,143 | 87,007 | 87,627 | 98,937 |
| Accounts payable | 3,841 | 4,030 | 3,848 | 3,189 | 3,692 | 4,327 |
| Accrued liabilities | 4,562 | 5,188 | 4,747 | 4,962 | 4,995 | 5,725 |
| Commercial paper | — | — | — | — | — | 750 |
| Current portion of long-term debt | — | — | — | — | — | 1,633 |
| Total current liabilities | 13,660 | 14,274 | 13,586 | 13,355 | 15,411 | 18,912 |
| Long-term debt | — | — | — | — | 19,151 | 23,293 |
| Lease liability, non-current | 13,375 | 14,487 | 15,363 | 15,053 | 14,272 | 14,549 |
| Retained earnings | 29,817 | 32,782 | 35,259 | 38,649 | 41,402 | 44,461 |
| Total stockholders' equity | 24,168 | 24,939 | 26,088 | 27,582 | 28,074 | 31,647 |
| Total liabilities and equity | 82,777 | 85,994 | 87,143 | 87,007 | 87,627 | 98,937 |
| Common shares outstanding (cover page) millions of shares | 267 | 260 | 251 | 244 | 236 | 237 |
Cash flows
CSVFiscal years (FDX's year ends in late May)
| In millions of dollars | May 31, 2021 | May 31, 2022 | May 31, 2023 | May 31, 2024 | May 31, 2025 | May 31, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 5,231 | 3,826 | 3,972 | 4,331 | 4,092 | 4,433 |
| Stock-based compensation | 200 | 190 | 182 | 163 | 154 | 177 |
| Depreciation and amortization | 3,793 | 3,970 | 4,176 | 4,287 | 4,264 | 4,369 |
| Net cash from operating activities | 10,135 | 9,832 | 8,848 | 8,312 | 7,036 | 8,925 |
| Net cash from investing activities | (6,010) | (6,816) | (6,174) | (5,200) | (4,092) | (3,911) |
| Proceeds from issuing equity | 740 | 184 | 231 | 491 | 524 | 992 |
| Share repurchases | — | 2,248 | 1,500 | 2,500 | 3,017 | 796 |
| Dividends paid | 686 | 793 | 1,177 | 1,259 | 1,339 | 1,374 |
| Proceeds from long-term debt | 4,212 | — | — | — | — | — |
| Net cash from financing activities | (2,090) | (3,019) | (2,597) | (3,426) | (4,019) | 2,749 |
| Net change in cash | 2,206 | (190) | (41) | (355) | (999) | 7,809 |
Compare with peers
SIC 4513 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4513 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Fedex | 7,961 | 22,855 | not reported | 234.2M | 10-QSep 30, 2026 |
| Delta Air Lines | 3,787 | 20,186 | 1,713* | 657.9M | 10-QSep 30, 2026 |
| United Airlines Holdings | 6,648 | 17,875 | 465* | 324.9M | 10-QSep 30, 2026 |
| Southwest Airlines | 3,624 | 8,422 | 513 | 489.6M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.