FedEx Corporation
FDXFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
5/31/2025
Revenue
87,926
Cost of Revenue
68,931
Gross Profit
18,995
Gross Margin
21.6%
Operating Income
6,082
Operating Margin
6.9%
Net Income
4,092
Net Margin
4.7%
EPS (Basic)
$16.96
EPS (Diluted)
$16.81
EBITDA
10,494
EBITDA Margin
11.9%
2024
5/31/2024
Revenue
87,693
Cost of Revenue
68,741
Gross Profit
18,952
Gross Margin
21.6%
Operating Income
6,355
Operating Margin
7.2%
Net Income
4,331
Net Margin
4.9%
EPS (Basic)
$17.44
EPS (Diluted)
$17.21
EBITDA
10,868
EBITDA Margin
12.4%
2023
5/31/2023
Revenue
90,155
Cost of Revenue
70,989
Gross Profit
19,166
Gross Margin
21.3%
Operating Income
5,338
Operating Margin
5.9%
Net Income
3,972
Net Margin
4.4%
EPS (Basic)
$15.61
EPS (Diluted)
$15.49
EBITDA
10,233
EBITDA Margin
11.4%
2022
5/31/2022
Revenue
93,512
Cost of Revenue
73,345
Gross Profit
20,167
Gross Margin
21.6%
Operating Income
6,523
Operating Margin
7.0%
Net Income
3,826
Net Margin
4.1%
EPS (Basic)
$14.52
EPS (Diluted)
$14.36
EBITDA
9,555
EBITDA Margin
10.2%
2021
5/31/2021
Revenue
83,794
Cost of Revenue
66,005
Gross Profit
17,789
Gross Margin
21.2%
Operating Income
6,018
Operating Margin
7.2%
Net Income
5,231
Net Margin
6.2%
EPS (Basic)
$19.77
EPS (Diluted)
$19.48
EBITDA
11,260
EBITDA Margin
13.4%