To the full analysis
FedEx stock: growth
FDXFedEx reported $94.72B in revenue for fiscal 2026, up 7.7% on the prior year, up 2.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
5.3%
per year from 2007 to 2026, per share 6.7%
Earnings (Annual rate)
4.2%
per year from 2007 to 2026, per share 5.6%
Free cash flow (Annual rate)
11.2%
per year from 2007 to 2026, per share 12.7%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 2.5% | 6.5% | 5.3% |
| Revenue per share | 4.5% | 8.1% | 6.7% |
| Earnings | −3.3% | 9.3% | 4.2% |
| Earnings per share | −1.3% | 10.9% | 5.6% |
| Free cash flow | 3.8% | 19.1% | 11.2% |
| Free cash flow per share | 5.9% | 20.8% | 12.7% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $35.21B | $2.02B | $681M |
| 2008 | $37.95B | $1.13B | $537M |
| 2009 | $35.5B | $98M | $294M |
| 2010 | $34.73B | $1.18B | $322M |
| 2011 | $39.3B | $1.45B | $607M |
| 2012 | $42.68B | $2.03B | $828M |
| 2013 | $44.29B | $1.56B | $1.31B |
| 2014 | $45.57B | $2.1B | $731M |
| 2015 | $47.45B | $1.05B | $1.02B |
| 2016 | $50.37B | $1.82B | $890M |
| 2017 | $60.32B | $3B | −$186M |
| 2018 | $65.45B | $4.57B | −$989M |
| 2019 | $69.69B | $540M | $123M |
| 2020 | $69.22B | $1.29B | −$771M |
| 2021 | $83.79B | $5.23B | $4.25B |
| 2022 | $93.51B | $3.83B | $3.07B |
| 2023 | $90.16B | $3.97B | $2.64B |
| 2024 | $87.69B | $4.33B | $3.14B |
| 2025 | $87.93B | $4.09B | $2.98B |
| 2026 | $94.72B | $4.43B | $5.12B |
Revenue by segment
How FedEx Corporation makes its money and how that has shifted. Names are as the company reports them.
- Federal Express$82.3B87%
- FedEx Freight$8.8B9%
- Other$3.7B4%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies. The company split earlier years differently. A history would not be comparable, so only 2026 is shown.
Figures as a table
| 2026 | Share 2026 | |
|---|---|---|
| Federal Express | $82.27B | 86.9% |
| FedEx Freight | $8.8B | 9.3% |
| Other | $3.65B | 3.9% |
| Total revenue | $94.72B | 100% |
Revenue by region
Where FedEx Corporation generates its revenue.
- United States72%
- Outside the US28%
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $40.27B | $43.58B | $47.58B | $48.4B | $58.79B | $64.94B | $64.89B | $63.53B | $62.92B | $67.94B | 71.7% |
| Outside the US | $20.05B | $21.87B | $22.11B | $20.81B | $25.17B | $28.57B | $25.27B | $24.16B | $25.01B | $26.78B | 28.3% |
| Total revenue | $60.32B | $65.45B | $69.69B | $69.22B | $83.79B | $93.51B | $90.16B | $87.69B | $87.93B | $94.72B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 May 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 26 Jun 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.