Revenue segments as reported by the company.

FedEx Express

Ground

Freight

Services

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries & Employee Benefits

Purchased Transportation

Rentals & Landing Fees

Fuel

Maintenance & Repairs

Asset Impairment Charges

Business realignment costs

Other OpEx

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FedEx

FedEx Corp. provides a broad portfolio of transportation, e-commerce and business services under the FedEx brand. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other & Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other & Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q2 2023

FedEx reports strong operational execution and cost savings in Q2 2023

FedEx showcased strong operational execution and cost savings, while facing challenges from yield pressure and market headwinds. The company is consolidating its operations into 1 entity, Federal Express Corporation, streamlining its structure. Despite challenges, FedEx raised its full year adjusted earnings per share outlook, indicating confidence in future performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FedEx Corp. is a holding company, which engages in the provision of transportation, e-commerce, business services, and business solutions. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other and Eliminations. The FedEx Express segment offers transportation and delivery services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment refers to freight transportation services to business and residences. The FedEx Services segment includes sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the company's operating segments. The Corporate, Other, and Eliminations segment is involved in the corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

Citi and Raymond James said they still expect shares to increase in value over the coming months.

FedEx Keeps Buy Ratings Despite Disappointing Investors Over Guidance

FedEx appears to be underpriced relative to UPS. UPS has better EBITDA and FCF metrics. FedEx dividends are growing at twice the CAGR of UPS dividends.

UPS Vs. FedEx: Which Will Deliver Better Results For Investors?

FedEx Corporation (NYSE:FDX ) Q4 2023 Earnings Conference Call June 20, 2023 5:00 PM ET Company Participants Mickey Foster - Vice President, Investor Relations Raj Subramaniam - President and Chief Executive Officer Brie Carere - Executive Vice President, Chief Customer Officer Mike Lenz - Executive Vice President and Chief Financial Officer Conference Call Participants Allison Poliniak-Cusic - Wells Fargo Jordan Alliger - Goldman Sachs Jon Chappell - Evercore ISI Brian Ossenbeck - JP Morgan Jack Atkins - Stephens Chris Wetherbee - Citigroup Brandon Oglenski - Barclays Tom Wadewitz - UBS Ken Hoexter - Bank of America Scott Group - Wolfe Research Conor Cunningham - Melius Research Jeff Kauffman - Vertical Research Partners Helane Becker - TD Cowen Scott Schneeberger - Oppenheimer David Vernon - Bernstein Joseph Hafling - Jefferies Bruce Chan - Stifel Amit Mehrotra - Deutsche Bank Operator Good day, and welcome to the FedEx Fiscal Year 2023 Fourth Quarter Earnings Call. All participants will be in a listen-only mode.

FedEx Corporation (FDX) Q4 2023 Earnings Call Transcript

FedEx has seen consumers shift their spending from eCommerce to entertainment and services. The company said this Tuesday (June 20) while reporting another decline in package volume during the most recent quarter, Bloomberg reported Tuesday.

FedEx: Consumers Shifting Spending From eCommerce to Entertainment and Services

Talks between United Parcel Service Inc. and the package deliverer's unionized employees over a new labor deal are getting more tense — for the company, the drivers transporting goods to doorsteps and the customers who depend on it for shipments. Executives at archrival FedEx Corp. on Tuesday appeared just fine with that.

FedEx says friction between UPS and its union has ‘opened a lot of doors'

The delivery company plans to merge Express, Ground networks in Canada.

FedEx Quarterly Sales Fall 10% as Shipping Struggles Continue

All three major FedEx segment revenues came up short for the quarter, based partly on continued weakness in China.

Markets Take a Breather; FedEx (FDX) Q4 Mixed, Stock -4%

FedEx Corp (NYSE: FDX) lost about 5.0% in extended trading after the logistics company reported lower-than-expected revenue for its fourth financial quarter. FedEx shares down on future guidance Shareholders seem a bit unhappy with the guidance as well.

FedEx Q4 earnings: ‘there's so much leverage available to the company'

FedEx (NYSE:FDX) Corp announced fourth-quarter 2023 revenue of $21.9 billion, down from $24.4 billion a year earlier on reduced ecommerce demand and falling short of the $22.65 billion consensus analyst estimate. The package delivery giant also generated diluted earnings per share (EPS) of $6.05 during the quarter, while its adjusted diluted EPS of $4.94 edged past expectations of $4.83.

FedEx 4Q revenue misses estimates; stock falls as guidance disappoints

Shares of FedEx Corp. fell after hours on Tuesday after the package deliverer offered up a full-year profit forecast that fell short of expectations, as Wall Street zeroes in on the company's efforts to cut billions in costs over its next two fiscal years following a drop-off in consumer demand.

FedEx stock sinks on profit forecast, as Wall Street looks for progress on cost cuts

FedEx on Tuesday reported a fall in quarterly adjusted profit after a bigger-than-expected drop in e-commerce delivery demand offset its $4 billion cost-cutting plan aimed at sheltering margins.

FedEx profit falls on lower e-commerce demand

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) announced today that Michael C. Lenz will retire as Executive Vice President and Chief Financial Officer effective July 31, 2023. An external search is underway for his successor. Lenz will serve as a Senior Advisor at FedEx until Dec. 31, 2023, to help ensure a smooth transition. “On behalf of the entire FedEx team, I want to thank Mike for his 18 years of dedicated service to the company,” said Raj Subramaniam, FedEx Corp. preside.

FedEx Corp. Chief Financial Officer Mike Lenz to Retire

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the quarter ended May 31 (adjusted measures exclude the items listed below for the applicable fiscal year):     Fiscal 2023   Fiscal 2022     As Reported (GAAP)   Adjusted (non-GAAP)   As Reported (GAAP)   Adjusted (non-GAAP) Revenue   $21.9 billion   $21.9 billion   $24.4 billion   $24.4 billion Operating income   $1.50 billion   $1.77 billion   $1.92 billion   $2.23 billion Operating.

FedEx Delivered Fourth Quarter Fiscal 2023 Revenue of $21.9 Billion, Diluted EPS of $6.05, and Adjusted Diluted EPS of $4.94

FedEx Corp. said Tuesday it will merge its FedEx Express and Ground operations in Canada, making Canada the first FedEx country where the two operations will be fully unified. The combination will occur in phases, starting in April 2024 and finishing around the 2024 peak season, the company said.

FedEx to merge Express, Ground operations in Canada

FedEx on Tuesday said it will merge its contractor-based Ground delivery operations in Canada into its company-operated Express unit and convert contractors into employees.

FedEx to fold Canada contractor-based Ground unit into Express

FedEx stock is trading near a buy point ahead of its fiscal Q4 results. Can the delivery giant turn around its earnings slump?

FedEx Stock Muted Ahead Of Results. Can The Delivery Giant Reverse Its Earnings Slump?

Accenture Plc

Investors will turn their attention to earnings reports this week. FedEx has been under pressure but is looking to rebound.

The 2 Must-Watch Stocks for Smart Investors This Week

Winnebago

U.S. markets are closed Monday in observance of Juneteenth, and the flow of quarterly earnings reports all but dries up until after the July 4th holiday.

Earnings Previews: FedEx, Winnebago

When people buy things, they often need them shipped. And financial results this week from FedEx Corp., which does a lot of that shipping in the U.S. and around the world, will serve as a proxy for consumers' spending appetites, as Wall Street debates whether the economy will rebound or slip into recession territory in the second half of this year.

Are Americans starting to buy more stuff? FedEx's results will have part of the answer

The Paris Air Show and Fed Chair Powell's testimony give stock market investors plenty to chew on in the holiday shortened week.

Investors Stock Market Action Plan: Air Show, FedEx, Accenture And Powell

FedEx Stock is at a buy point with earnings due on Tuesday. Olive Garden parent Darden Restaurants is also set to report next week.

FedEx Stock In Buy Zone Ahead Of Potential Growth-Catalyst Quarter; Olive Garden Parent Also On Deck

FedEx (NYSE:FDX) may report a positive earnings surprise when it posts its fourth-quarter and full-year 2023 results after the closing bell on Tuesday, according to analysts at UBS. UBS, which has a ‘Buy' rating and a 12-month price target of $260 on FedEx, is maintaining its 4Q earnings forecast of $5.11 a share for the global delivery firm, which compares to consensus of $4.85 per share.

FedEx 4Q earnings may not be down by as much as expected, says broker

FedEx (FDX) pilots will now vote on the provisional deal. On ratification, the deal will make them eligible for a 30% pay hike.

FedEx (FDX) Pilots Are a Step Closer to Getting Good Pay Hikes

Cost-control actions are likely to aid FedEx's (FDX) fourth-quarter results.

FedEx (FDX) to Report Q4 Earnings: What's in the Offing?

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News for FedEx Stock (FDX)