FedEx Financial Statements From 2010 to 2024

FDX Stock  USD 262.35  1.70  0.65%   
FedEx financial statements provide useful quarterly and yearly information to potential FedEx investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on FedEx financial statements helps investors assess FedEx's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting FedEx's valuation are summarized below:
Gross Profit
24.4 B
Profit Margin
0.0502
Market Capitalization
64.1 B
Enterprise Value Revenue
1.1172
Revenue
87.5 B
We have found one hundred twenty available fundamental signals for FedEx, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of FedEx prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 32 B in 2024, whereas Enterprise Value is likely to drop slightly above 13 B in 2024.

FedEx Total Revenue

7.07 Billion

Check FedEx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FedEx main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.1 B, Interest Expense of 0.0 or Total Revenue of 7.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0201 or PTB Ratio of 1.85. FedEx financial statements analysis is a perfect complement when working with FedEx Valuation or Volatility modules.
  
This module can also supplement FedEx's financial leverage analysis and stock options assessment as well as various FedEx Technical models . Check out the analysis of FedEx Correlation against competitors.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

FedEx Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets105.2 B100.2 B58.1 B
Slightly volatile
Short and Long Term Debt Total46.3 B44.1 B21.2 B
Slightly volatile
Other Current Liabilities8.7 B8.3 BB
Slightly volatile
Total Current Liabilities16.4 B15.6 B9.4 B
Slightly volatile
Total Stockholder Equity31.5 B30 B19 B
Slightly volatile
Property Plant And Equipment Net70.1 B66.8 B35.7 B
Slightly volatile
Retained Earnings42.6 B40.5 B24.6 B
Slightly volatile
Cash8.2 B7.8 B4.6 B
Slightly volatile
Non Current Assets Total82.8 B78.8 B44 B
Slightly volatile
Non Currrent Assets Other4.9 B4.7 B2.5 B
Slightly volatile
Cash And Short Term Investments8.2 B7.8 B4.6 B
Slightly volatile
Net Receivables12.3 B11.7 B8.1 B
Slightly volatile
Common Stock Shares Outstanding297.9 M294.4 M277.4 M
Very volatile
Liabilities And Stockholders Equity105.2 B100.2 B58.1 B
Slightly volatile
Non Current Liabilities Total57.3 B54.6 B29.7 B
Slightly volatile
Inventory362.3 M694.6 M496.8 M
Slightly volatile
Other Current Assets562.5 M1.1 B725.7 M
Slightly volatile
Total Liabilities73.7 B70.2 B39.1 B
Slightly volatile
Total Current Assets22.4 B21.4 B14.2 B
Slightly volatile
Short Term DebtB2.9 B1.2 B
Slightly volatile
Intangible Assets200.1 M210.6 M493.6 M
Slightly volatile
Accounts Payable4.6 B4.4 B2.9 B
Slightly volatile
Current Deferred Revenue4.9 B4.7 B2.2 B
Slightly volatile
Common Stock30.3 M36.8 M30.4 M
Slightly volatile
Good Will3.9 B7.4 B5.2 B
Slightly volatile
Common Stock Total Equity33.6 M36.8 M31.3 M
Slightly volatile
Property Plant And Equipment Gross97.4 B92.7 B42.4 B
Slightly volatile
Other Liabilities14.1 B13.4 B9.4 B
Slightly volatile
Other Assets4.6 B4.4 B2.7 B
Slightly volatile
Long Term Debt24.7 B23.5 B14 B
Slightly volatile
Property Plant Equipment49.1 B46.8 B31.2 B
Slightly volatile
Net Tangible Assets17.3 B22.6 B16.4 B
Slightly volatile
Retained Earnings Total Equity24.7 B40.5 B24.3 B
Slightly volatile
Long Term Debt Total12.8 B23.5 B13.2 B
Slightly volatile
Capital Surpluse3.3 B4.3 B3.1 B
Slightly volatile
Non Current Liabilities Other594.2 M625.5 M4.8 B
Slightly volatile
Short and Long Term Debt107.7 M113.4 M1.5 B
Slightly volatile
Net Invested Capital43.9 B53.7 B37.5 B
Slightly volatile
Cash And Equivalents5.5 B7.9 B4.8 B
Slightly volatile
Net Working Capital5.7 B5.8 B5.1 B
Slightly volatile
Capital Stock25.6 M28.8 M31.4 M
Slightly volatile
Capital Lease Obligations17.8 B20.4 B15.6 B
Slightly volatile

FedEx Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization6.1 B5.8 B3.4 B
Slightly volatile
Total Revenue7.1 B7.4 B41.8 B
Pretty Stable
Gross Profit5.7 BB11.4 B
Very volatile
Other Operating Expenses957.6 MB37.1 B
Pretty Stable
Operating Income2.3 B3.1 B3.4 B
Slightly volatile
EBIT1.8 B2.8 B3.5 B
Slightly volatile
EBITDA12 B11.4 B7.4 B
Slightly volatile
Cost Of Revenue1.4 B1.4 B30.4 B
Pretty Stable
Income Before TaxB1.9 B2.7 B
Slightly volatile
Net Income1.3 B1.1 B1.9 B
Slightly volatile
Income Tax Expense619 M784 M767.1 M
Pretty Stable
Selling General Administrative1.8 B1.9 B10.8 B
Slightly volatile
Net Income Applicable To Common Shares1.9 B1.1 B1.9 B
Slightly volatile
Net Income From Continuing Ops1.1 B1.1 BB
Pretty Stable
Selling And Marketing Expenses477.9 M500.2 M440.3 M
Slightly volatile
Non Recurring100 M105.3 M263.1 M
Slightly volatile
Interest Income598.9 M570.4 M303 M
Slightly volatile
Reconciled Depreciation3.9 B4.8 B3.4 B
Slightly volatile

FedEx Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation109.7 M209.3 M147.3 M
Slightly volatile
Begin Period Cash Flow2.2 BB3.7 B
Slightly volatile
Dividends Paid1.1 B1.1 B741.1 M
Slightly volatile
Capital Expenditures3.3 B3.1 B4.2 B
Slightly volatile
Total Cash From Operating Activities3.8 B2.5 B4.9 B
Slightly volatile
Net Income1.5 B1.1 B1.9 B
Slightly volatile
End Period Cash Flow2.4 BBB
Slightly volatile
Issuance Of Capital Stock290.4 M265.6 M178.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.570.550.783
Slightly volatile
Dividend Yield0.02010.01910.0114
Slightly volatile
PTB Ratio1.851.912.5618
Pretty Stable
Days Sales Outstanding50.1147.4346.8087
Slightly volatile
Book Value Per Share97.0692.4467.3152
Slightly volatile
Invested Capital1.391.320.973
Slightly volatile
Operating Cash Flow Per Share32.831.2322.5144
Slightly volatile
Stock Based Compensation To Revenue0.00280.00230.0025
Slightly volatile
PB Ratio1.851.912.5618
Pretty Stable
EV To Sales0.690.870.979
Pretty Stable
ROIC0.05940.05080.0833
Slightly volatile
Inventory Turnover11110687.3384
Slightly volatile
Net Income Per Share14.7814.079.562
Slightly volatile
Days Of Inventory On Hand3.393.575.7976
Slightly volatile
Payables Turnover17.5816.7516.2428
Slightly volatile
Sales General And Administrative To Revenue0.160.170.1858
Slightly volatile
Cash Per Share25.3824.1816.3552
Slightly volatile
POCF Ratio5.745.657.6606
Pretty Stable
Payout Ratio0.20.270.3314
Pretty Stable
Days Payables Outstanding21.4322.5624.4105
Slightly volatile
Income Quality2.422.553.2562
Very volatile
ROE0.080.140.1302
Very volatile
EV To Operating Cash Flow6.958.879.9439
Pretty Stable
PE Ratio15.2316.0323.9725
Pretty Stable
Return On Tangible Assets0.03820.04430.0523
Pretty Stable
Earnings Yield0.03590.06460.0502
Pretty Stable
Intangibles To Total Assets0.080.06650.1009
Slightly volatile
Current Ratio1.041.231.5208
Slightly volatile
Tangible Book Value Per Share72.2568.8146.8508
Slightly volatile
Receivables Turnover6.477.967.8184
Slightly volatile
Graham Number180171118
Slightly volatile
Shareholders Equity Per Share97.0692.4467.3152
Slightly volatile
Debt To Equity1.391.320.973
Slightly volatile
Revenue Per Share335319232
Slightly volatile
Interest Debt Per Share14413777.59
Slightly volatile
Debt To Assets0.260.510.3057
Slightly volatile
Enterprise Value Over EBITDA9.5510.059.0819
Slightly volatile
Short Term Coverage Ratios3.03.1570.2092
Slightly volatile
Price Earnings Ratio15.2316.0323.9725
Pretty Stable
Operating Cycle70.8151.0153.761
Very volatile
Price Book Value Ratio1.851.912.5618
Pretty Stable
Days Of Payables Outstanding21.4322.5624.4105
Slightly volatile
Dividend Payout Ratio0.20.270.3314
Pretty Stable
Price To Operating Cash Flows Ratio5.745.657.6606
Pretty Stable
Pretax Profit Margin0.04310.05350.0545
Pretty Stable
Ebt Per Ebit0.60.980.8391
Pretty Stable
Operating Profit Margin0.0670.06270.0647
Pretty Stable
Company Equity Multiplier2.093.012.809
Slightly volatile
Long Term Debt To Capitalization0.370.670.4306
Slightly volatile
Total Debt To Capitalization0.40.680.444
Slightly volatile
Return On Capital Employed0.110.07680.0935
Slightly volatile
Debt Equity Ratio1.391.320.973
Slightly volatile
Ebit Per Revenue0.0670.06270.0647
Pretty Stable
Quick Ratio0.881.131.3504
Slightly volatile
Net Income Per E B T0.480.670.7192
Very volatile
Cash Ratio0.230.450.4792
Slightly volatile
Cash Conversion Cycle23.3822.2630.7978
Slightly volatile
Operating Cash Flow Sales Ratio0.07740.0880.0939
Pretty Stable
Days Of Inventory Outstanding3.393.575.7976
Slightly volatile
Days Of Sales Outstanding50.1147.4346.8087
Slightly volatile
Cash Flow Coverage Ratios0.20.210.6004
Slightly volatile
Price To Book Ratio1.851.912.5618
Pretty Stable
Fixed Asset Turnover1.831.41.9837
Slightly volatile
Price Cash Flow Ratio5.745.657.6606
Pretty Stable
Enterprise Value Multiple9.5510.059.0819
Slightly volatile
Debt Ratio0.260.510.3057
Slightly volatile
Cash Flow To Debt Ratio0.20.210.6004
Slightly volatile
Price Sales Ratio0.570.550.783
Slightly volatile
Return On Assets0.03420.0410.0472
Slightly volatile
Asset Turnover1.461.191.2097
Slightly volatile
Net Profit Margin0.02580.03970.0398
Pretty Stable
Gross Profit Margin0.230.240.2755
Slightly volatile
Price Fair Value1.851.912.5618
Pretty Stable
Return On Equity0.080.140.1302
Very volatile

FedEx Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap32 B30.5 B31.5 B
Slightly volatile
Enterprise Value13 B22.8 B22.9 B
Pretty Stable

FedEx Fundamental Market Drivers

Forward Price Earnings12.3305
Cash And Short Term Investments6.8 B

FedEx Upcoming Events

21st of March 2024
Upcoming Quarterly Report
View
18th of June 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
18th of June 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

About FedEx Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include FedEx income statement, its balance sheet, and the statement of cash flows. FedEx investors use historical funamental indicators, such as FedEx's revenue or net income, to determine how well the company is positioned to perform in the future. Although FedEx investors may use each financial statement separately, they are all related. The changes in FedEx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FedEx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on FedEx Financial Statements. Understanding these patterns can help to make the right decision on long term investment in FedEx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue4.7 B4.9 B
Total Revenue7.4 B7.1 B
Cost Of Revenue1.4 B1.4 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.17  0.16 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.06)(0.06)
Revenue Per Share 319.45  335.42 
Ebit Per Revenue 0.06  0.07 

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When determining whether FedEx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FedEx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fedex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fedex Stock:
Check out the analysis of FedEx Correlation against competitors.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.
Note that the FedEx information on this page should be used as a complementary analysis to other FedEx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is FedEx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FedEx. If investors know FedEx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FedEx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
5.04
Earnings Share
17.33
Revenue Per Share
350.758
Quarterly Revenue Growth
0.139
The market value of FedEx is measured differently than its book value, which is the value of FedEx that is recorded on the company's balance sheet. Investors also form their own opinion of FedEx's value that differs from its market value or its book value, called intrinsic value, which is FedEx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FedEx's market value can be influenced by many factors that don't directly affect FedEx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FedEx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.