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FedEx Corp

fedex.com

FedEx Corporation (NYSE: FDX) is a transportation and logistics company that provides package delivery, freight shipping, and business services to customers and businesses worldwide. Revenue comes from transactional fees charged for express and ground package delivery through the Federal Express segment, less-than-truckload freight services through the FedEx Freight segment, and ancillary services including customs brokerage, freight forwarding, and retail business services. FedEx reported consolidated revenue of $87.9B in FY2025, essentially flat versus $87.7B in FY2024. The Federal Express segment generated operating income of $4.885B (6.5% operating margin) in FY2025, while FedEx Freight generated $1.489B in operating income, down 18% year-over-year. In December 2024, FedEx's board announced a plan to spin off FedEx Freight as a separate publicly traded company. FedEx was incorporated in Delaware on October 2, 1997 as a holding company for its portfolio of transportation businesses. Principal competitors include UPS, DHL, USPS, and regional carriers.

Products & Services

Federal Express express and ground package delivery; FedEx Freight LTL freight services including FedEx Freight Direct (four service levels, available to nearly 100% of U.S. population for basic service); FedEx Logistics customs brokerage, global ocean and air freight forwarding, and integrated supply chain solutions; FedEx Office document and business services; FedEx Dataworks digital solutions; LTL Select cloud-based multi-carrier transportation management system; cross-border LTL shipping to and from Canada and Mexico.

Revenue Model

Transactional fees for express package delivery, ground delivery, and LTL freight shipments. Additional revenue from customs brokerage, ocean and air freight forwarding, supply chain management, and retail document and print services through FedEx Office.

Customers & Markets

Businesses and individual shippers requiring domestic and international package delivery, time-critical freight transport, e-commerce fulfillment, and supply chain services. High-volume package shippers represent a material customer segment. End markets include e-commerce, retail, manufacturing, life sciences, and general trade.

Geographic Exposure

Global operations with U.S. domestic and international package markets. Cross-border LTL service to and from Canada and Mexico, plus intra-Canada and intra-Mexico shipments. Federal Express competes in international markets across multiple continents.

Financial Snapshot

Revenue
TTM
$94.72B
Gross Margin
TTM
68.74%
Net Income
TTM
$4.431B
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
147.54%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
$43.04B
Book Value
2026 Q2
$55.90B
Cash
2026 Q2
P/E
TTM
16.41
Free Cash Flow
TTM
$5.116B

Stock Price

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Market Cap: $72.725 Billion

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