Analyze Portfolio
NYSE · Industrials

FEDEX CORP (FDX)

As-reported financials and recent SEC filings for FEDEX CORP, latest fiscal period FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About FEDEX CORP

FedEx Corporation provides transportation, e-commerce, and business services worldwide through an integrated air-ground express network. Its main operations include Federal Express, which offers rapid, time-definite delivery services across more than 220 countries and territories, and FedEx Freight, which provides less-than-truckload freight transportation. The company also operates segments focused on digital solutions, document and business services, customs brokerage, and supply chain management.

Snapshot

Revenue
$94.72B
Revenue growth (YoY)
7.7%
Net income
$4.43B
Diluted EPS
$18.55
Gross margin
Operating margin
5.8%
Net margin
4.7%
FCF margin
5.4%
ROE
14.0%
P/E (TTM)
16.8×
Market cap
$73.53B
Debt / equity
0.7×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Fedex

  • Revenue grew 7.7% to $94.7B in FY2026, faster than the 0.3% the year before.
  • Operating margin is 5.8% in FY2026, -0.9 pp against 6.7% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $25.0B, up 12.5% from Q4 FY2025.
  • Free cash flow was $5.1B in FY2026, 5.4% of revenue.
  • Net income rose 8.3% to $4.4B in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Fedex’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin5.8%
52nd percentile of 606
Net margin4.7%
56th percentile of 646
FCF margin5.4%
53rd percentile of 561
Revenue growth (YoY)+7.7%
60th percentile of 669
ROE14.0%
70th percentile of 601
P/E (TTM)16.8×
29th percentile of 435
Debt / equity0.74×
66th percentile of 406
Short interest3.62d
47th percentile of 676

No open-market insider buys in the last 90 days; 1 insider sale totaling $1.6M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
7
+6 quant / multi-strat
Initiated / added
7
2 new, 5 added
Reduced / exited
5
5 trimmed, 0 exited
Combined position
$6.98B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ1 2026$3.56B10.0MReduced
AQR Capital ManagementquantQ1 2026$1.06B3.1MAdded
Gates Foundation TrustQ1 2026$849.3M2.4MHeld
Viking Global InvestorsQ1 2026$688.2M1.9MNew
Citadel AdvisorsquantQ1 2026$406.2M1.1MAdded
Millennium ManagementquantQ1 2026$136.1M382.1KReduced
Point72 Asset ManagementquantQ1 2026$135.6M380.6KAdded
Southeastern Asset ManagementQ1 2026$88.2M247.5KReduced
Gotham Asset ManagementQ1 2026$33.9M95.1KAdded
Two Sigma InvestmentsquantQ1 2026$20.7M58.1KAdded
D. E. ShawquantQ1 2026$3.9M11.0KReduced
Maverick CapitalQ1 2026$705,2362.0KReduced
Bridgewater AssociatesQ1 2026$499,0081.4KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
1
$1.6M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-30
filed 2026-07-02
WALSH PAUL SDirectorSell5.0K$324.56$1.6M
2026-04-15
filed 2026-04-16
Brightman Tracy BEVP - Chief People OfficerSell9.1K$363.61$3.3M
2026-04-15
filed 2026-04-16
SCHWAB SUSAN CDirectorSell5.8K$369.00$2.1M
2026-04-15
filed 2026-04-16
Brightman Tracy BEVP - Chief People OfficerSell5.1K$363.33$1.9M
2026-04-15
filed 2026-04-16
Brightman Tracy BEVP - Chief People OfficerSell2.8K$363.30$1.0M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.0M
settled 2026-07-15
Change vs prior
+5.3%
vs previous settlement
Days to cover
3.62
at avg daily volume
Avg daily volume
1.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-156.0M+5.3%3.62
2026-06-305.7M+14.5%1.93
2026-06-154.9M+36.3%2.37
2026-05-293.6M-9.3%2.32
2026-05-154.0M+2.8%2.28
2026-04-303.9M+18.9%2.71
2026-04-153.3M+23.6%2.14
2026-03-312.7M-8.1%1.09

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$94.72B$87.93B$87.69B$90.16B$93.51B
Gross profit
Operating income$5.46B$5.22B$5.56B$4.91B$6.25B
Net income$4.43B$4.09B$4.33B$3.97B$3.83B
Diluted EPS$18.55$16.81$17.21$15.48$14.33

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$13.31B$5.50B$6.50B$6.86B$6.90B
Current assets$27.90B$18.39B$18.21B$18.61B$20.36B
Total assets$98.94B$87.63B$87.01B$87.14B$85.99B
Current liabilities$18.91B$15.41B$13.36B$13.59B$14.27B
Long-term debt$23.29B$19.15B$20.14B$20.45B$20.18B
Total liabilities$67.29B$59.55B$59.42B$61.05B$61.05B
Total equity$31.65B$28.07B$27.58B$26.09B$24.94B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$8.93B$7.04B$8.31B$8.85B$9.83B
Capital expenditure$3.81B$4.05B$5.18B$6.17B$6.76B
Free cash flow$5.12B$2.98B$3.14B$2.67B$3.07B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$25.01B12.5%$1.60B$6.60
Q3 FY2026$24.00B8.3%$1.06B$4.41
Q2 FY2026$23.47B6.8%$956.0M$4.04
Q1 FY2026$22.24B3.1%$824.0M$3.46
Q4 FY2025$22.22B0.5%$1.65B$6.87
Q3 FY2025$22.16B1.9%$909.0M$3.76
Q2 FY2025$21.97B-0.9%$741.0M$3.03
Q1 FY2025$21.58B-0.5%$794.0M$3.21

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryAir Courier Services
Fiscal year endMay 31
Latest fiscal periodFY2026
SEC filings since2015
SEC CIK1048911

Recent SEC filings

10-K2026-07-20
View on EDGAR →
10-K2025-07-21
View on EDGAR →
10-Q2026-03-19
View on EDGAR →
10-Q2025-12-18
View on EDGAR →
10-Q2025-09-18
View on EDGAR →
10-Q2025-03-20
View on EDGAR →
8-K2026-07-24
View on EDGAR →
8-K2026-07-21
View on EDGAR →

Largest Industrials peers

All Industrials companies →

FDX head to head

Monitor FDX

Get an alert when Fedex files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor FDX free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.