FedEx
Moves parcels and freight through integrated U.S. and international air-ground networks.
Something off on this page? Send us feedback.
Profile
Moves time- and day-definite parcels and freight through integrated U.S. and international air-ground networks, earning fees based on service, route, weight, and surcharges. Logistics, retail-print, supply-chain, and data businesses extend the network, while the FedEx Freight spin-off leaves express delivery as the core.
Moves time- and day-definite packages and freight through an integrated air-ground network. Express U.S. Domestic covers overnight, deferred, ground, home-delivery, and economy shipments; Express International handles cross-border and in-country delivery, customs clearance, and trade services across more than 220 countries and territories.
FedEx Logistics adds air and ocean forwarding plus customs brokerage; FedEx Office provides printing, packing, and retail shipping access; FedEx Dataworks supplies tracking and supply-chain tools. FedEx Supply Chain remains a contract-logistics business pending an announced sale.
Combines air hubs, surface sortation, delivery providers, retail access, and shipment data to coordinate timed delivery. The FedEx Freight spin-off removed the standalone less-than-truckload carrier. Operations remain labor- and fuel-intensive and sensitive to shipment volumes, global trade, and service reliability.
Company facts
Categories
Key statistics
Year to date +40.1% · Average volume (30d) 1.4M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 28, 2026 | Raymond James | Target | $180 | $330 | |
| Jul 15, 2026 | Citigroup | Initiate | Outperform | ||
| Jun 26, 2026 | Evercore ISI | Target | $380 | $165 | |
| Jun 25, 2026 | Truist Financial | Target | $155 | $365 | |
| Jun 24, 2026 | Bernstein | Target | $424 | $397 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jun 23, 2026Q4 FY26 | $5.96 | $6.31 | +5.9% | $24.04B | $25.00B | +4.0% | −0.13% |
| Mar 19, 2026Q3 FY26 | $3.34 | $5.25 | +57.2% | $23.49B | $24.00B | +2.2% | +0.77% |
| Dec 18, 2025Q2 FY26 | $4.07 | $4.82 | +18.4% | $22.78B | $23.50B | +3.1% | +0.58% |
| Sep 18, 2025Q1 FY26 | $3.60 | $3.83 | +6.4% | $21.65B | $22.20B | +2.6% | +2.32% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $22.16B | $22.22B | $22.24B | $23.47B | $24.00B | $25.01B | |
| Gross profit | $4.73B | $5.31B | $4.69B | $6.20B | $5.12B | $5.67B | |
| Operating income | $1.47B | $1.99B | $1.30B | $1.38B | $1.62B | $2.09B | |
| Net income | $909.0M | $1.65B | $824.0M | $956.0M | $1.06B | $1.60B | |
| Diluted EPS | $3.76 | $6.88 | $3.46 | $3.93 | $4.35 | $6.60 | |
| Gross margin | 21.3% | 23.9% | 21.1% | 26.4% | 21.3% | 22.7% | |
| Operating margin | 6.6% | 8.9% | 5.8% | 5.9% | 6.7% | 8.4% |
Fiscal years (4-quarter sums)FY22 $93.38B · FY23 $90.16B · FY24 $87.69B · FY25 $87.93B · FY26 $94.72B
Revenue by product · Q4 FY26
Revenue by geography · Q4 FY26
Balance sheet, May 31, 2026Cash & short-term investments $13.31B · Total debt $42.94B · Total assets $98.94B · Shareholders' equity $31.65B
Dividends
Raised for 22 straight years — most recently to $1.22 from $1.1676 split-adjusted in Jun 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 22, 2026 | Jun 22 | Jul 7 | $1.22 | raised from $1.1676 split-adjusted |
| Mar 9, 2026 | Mar 9 | Apr 1 | $1.45 | |
| Dec 15, 2025 | Dec 15 | Jan 6 | $1.45 | |
| Sep 8, 2025 | Sep 8 | Oct 1 | $1.45 | |
| Jun 23, 2025 | Jun 23 | Jul 8 | $1.45 | raised from $1.38 |
| Mar 10, 2025 | Mar 10 | Apr 1 | $1.38 | |
| Dec 9, 2024 | Dec 9 | Jan 3 | $1.38 | |
| Sep 9, 2024 | Sep 9 | Oct 1 | $1.38 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 236.58M · Float 218.40M · 92.3% free float
A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 20.78M | 8.79% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 14.18M | 5.99% | 13F | Aug 13, 2026 |
| State Street Corp | 10.05M | 4.25% | 13F | Aug 7, 2026 |
| Primecap Management Co/CA/ | 8.16M | 3.45% | 13F | Aug 14, 2026 |
| Vanguard Portfolio Management LLC | 7.35M | 3.11% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 30, 2026 | Paul S. Walsh | director | −5,042 | $324.56 |
| Apr 15, 2026 | Susan C. Schwab | director | −5,795 | $369.00 |
| Apr 15, 2026 | Tracy B. Brightman | officer: EVP - Chief People Officer | −16,959 | $363.47 |
| Apr 14, 2026 | Gina F. Adams | officer: EVP GENL COUNSEL/SECTY | −20,450 | $366.45 |
| Apr 14, 2026 | Brie Carere | officer: EVP/Chief Customer Officer | −2,700 | $370.03 |
Peers
- UPS
The principal U.S. rival across ground, air express, and supply chain.
- Amazon
Fastest-growing U.S. parcel carrier; opening logistics network to all shippers.
- Old Dominion Freight Line
North America's premium LTL benchmark; direct competitor to FedEx Freight.
- XPO
Fourth-largest N. American LTL carrier; competes in LTL and European transport.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| FedEx | $335.25 | +1.34% | $78.28B | 18.0 | 19.0 | 0.8 | +12.6% |
| UPS | $105.33 | +0.01% | $89.47B | 19.6 | 13.6 | 1.0 | +7.4% |
| Amazon | $266.10 | −0.11% | $2.87T | 21.4 | 28.5 | 3.7 | +19.6% |
| Old Dominion Freight Line | $199.00 | +0.19% | $41.31B | 38.3 | 31.8 | 7.4 | +10.4% |
| XPO | $188.56 | +0.01% | $22.08B | 55.6 | 32.1 | 2.6 | +13.2% |
| Median | 29.9 | 30.2 | 3.1 | +11.8% |