
$94.7B+8% YoYFY 2025
→Revenue reached $94.7B in 2025, compounding +2% a year since 2022 though the pace has cooled.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
$4,433+8% YoYFY 2025
→Net income was $4,433 in 2025, compounding +4% a year over three years.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
+7.7%revenue growth, FY 2025
Off the axis: 2020 earnings +306.8% - rebounds off a collapsed prior year.
→Revenue grew +8% in 2025 against a five-year average of +3%. Earnings grew faster (+8%), so each new dollar of sales is arriving more profitably. 2020's +307% earnings rebound off a collapsed base sits off the axis.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
$5.1B+72% YoYFY 2025
→Free cash flow was $5.1B in 2025, compounding +24% a year since 2022. That is the most cash the business has ever thrown off in a year.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→5 cents of every sales dollar became free cash in 2025, up 2 points since 2022 - the best conversion in its filed history.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→The biggest claim on each sales dollar is capital spending, at 4% of revenue (stock compensation 0%). That share has fallen since 2022, so the cost of competing is easing.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→Operating profit outgrew revenue in only 1 of the last 5 years. Costs are growing roughly in step with the business, so scale isn't yet paying for itself.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→Operating margin has held near 6% since 2022. After everything, 0 cents of each sales dollar reaches net profit. FDX doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
◌ 2026 = trailing twelve months to the latest filed quarter (2026-05-31), not a full fiscal year
→ROE of 0% and ROCE of 7% sit close together, so the returns come from the business itself rather than from borrowing.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
17388287.8xP/E today
◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages
→At 17388287.8x earnings, the market is paying +24136428% more than FDX's own 11-year median of 72.0x. Expectations are elevated, so more has to go right to justify the price. Today's multiple is the highest in the charted history.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
6.7%FCF yield today
◌ 2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages
→Every dollar of market value currently buys 6.7% of annual free cash flow, more than its 11-year median of 5.9% - the cash is cheaper than usual.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→Debt of $24.0B sits against $13.3B of cash, or 0.8x shareholders' equity. Earnings cover interest 5.6 times - adequate, with less room than it looks in a downturn.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→The company's own capital grew from $26.8B in 2023 to $31.6B (+18%). The business is building book value rather than consuming it.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→Shareholders received $796M in buybacks and $1.4B in dividends in 2025. Stock compensation issued $177M of new shares in the same year, offsetting 8% of that.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→The share count shrank 1.6% in 2025, averaging 2.3% a year over three years. Buybacks are concentrating your ownership: the same business, split fewer ways.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→The dividend per share reached $5.75 in 2025, compounding +18% a year since 2020.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→The dividend consumed 30994812% of profit and 27% of free cash flow in 2025. That is a thin cushion: a bad year would put the payment under real pressure.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→FDX earns 7.5% on the capital it employs, below the 10% most investors treat as the cost of capital. It was 6.9% in 2022, so the trend is up, though the path has been bumpy.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→FDX has shrunk its share count -25% from 2011 to 2025, so each remaining share owns more of the business. Revenue per share is +194% over the same years.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31
→Insiders sold $20M on the open market and bought nothing. Many sales are pre-scheduled diversification rather than a view on the price. A further 52 filings were grants, option exercises or tax withholding, which say nothing either way.
Source: SEC EDGAR (XBRL company facts) · as at 2026-05-31