OverviewSuggest Edit

FedEx is a company that provides transportation, e-commerce, and business services. Its FedEx Express segment offers shipping services for the delivery of packages and freight. Its FedEx Ground segment offers business and residential money-back guaranteed ground package delivery services, as well as consolidates and delivers low-weight and less time-sensitive business-to-consumer packages. Its FedEx Freight segment offers less-than-truckload and other freight delivery services. The company also operates a system that tracks packages and provides real-time updates on the package location.

TypePublic
Founded1973
HQMemphis, TN, US
Websitefedex.com
Employee Ratings3.8
Overall CultureA

Latest Updates

Employees (est.) (May 2020)183,000(+4%)
Job Openings5,422
Revenue (FY, 2020)$69.2 B
Share Price (Apr 2021)$282.2
Cybersecurity ratingCMore

Key People/Management at FedEx

Frederick Smith

Frederick Smith

Chairman and CEO
Rajesh Subramaniam

Rajesh Subramaniam

President & COO
Mike Lenz

Mike Lenz

Executive Vice President and CFO
Robert Carter

Robert Carter

EVP, FedEx Information Services, and CIO
Mark Allen

Mark Allen

EVP General Counsel and Secretary
Jill Brannon

Jill Brannon

EVP, Chief Sales Officer
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FedEx Office Locations

FedEx has offices in Memphis, Anaheim, Annapolis, Arlington and in 87 other locations
Memphis, TN, US (HQ)
942 S Shady Grove Rd
Anaheim, CA, US
1440 S State College Blvd Suite 1-e
Annapolis, MD, US
2341 Forest Dr Suite A
Arlington, TX, US
E Bardin Rd
Atlanta, GA, US
Pershing Point Plaza, 1375 Peachtree St NE
Austin, TX, US
327 Congress Ave #100
Show all (102)

FedEx Financials and Metrics

FedEx Revenue

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FedEx's revenue was reported to be $69.22 b in FY, 2020 which is a 0.7% decrease from the previous period.
USD

Revenue (Q3, 2021)

21.5b

Gross profit (Q3, 2021)

15.9b

Gross profit margin (Q3, 2021), %

73.7%

Net income (Q3, 2021)

892.0m

EBIT (Q3, 2021)

1.0b

Market capitalization (6-Apr-2021)

74.9b

Closing stock price (6-Apr-2021)

282.2

Cash (28-Feb-2021)

8.9b

EV

104.6b
FedEx's current market capitalization is $74.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

65.5b69.7b69.2b

Revenue growth, %

9%6%(1%)

Cost of goods sold

15.1b16.7b17.5b

Gross profit

50.3b53.0b51.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

17.1b17.8b17.0b17.0b17.3b17.5b19.3b20.6b21.5b

Cost of goods sold

4.0b4.3b4.3b4.0b4.3b4.6b5.0b5.4b5.7b

Gross profit

13.1b13.5b12.8b13.0b13.0b12.9b14.3b15.2b15.9b

Gross profit Margin, %

77%76%75%76%75%74%74%74%74%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

3.3b2.3b4.9b

Accounts Receivable

8.5b9.1b10.1b

Prepaid Expenses

1.1b1.1b828.0m

Current Assets

13.3b13.1b16.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

2.4b2.1b2.9b2.4b2.0b1.8b7.0b8.3b8.9b

Accounts Receivable

8.7b9.6b9.0b9.3b9.7b9.3b10.5b11.4b11.5b

Prepaid Expenses

1.0b1.2b1.0b742.0m882.0m884.0m848.0m922.0m790.0m

Current Assets

12.6b13.4b13.5b13.0b13.2b12.5b18.9b21.3b21.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

4.6b540.0m1.3b

Depreciation and Amortization

3.1b3.4b3.6b

Accounts Payable

141.0m(571.0m)(1.8b)

Cash From Operating Activities

4.7b5.6b5.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

835.0m1.8b2.5b745.0m1.3b1.6b1.2b2.5b3.4b

Depreciation and Amortization

808.0m1.6b2.5b879.0m1.8b2.7b926.0m1.9b2.8b

Accounts Payable

(584.0m)(227.0m)(1.3b)(1.5b)(1.7b)(2.6b)198.0m241.0m63.0m

Cash From Operating Activities

701.0m2.2b3.3b565.0m2.1b3.3b2.7b5.2b7.4b
USDFY, 2018

EV/EBIT

16.4 x

EV/CFO

17.1 x

EV/FCF

-80.8 x

Revenue/Employee

394.3k

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

2.7 x

P/E Ratio

14.8
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FedEx Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Aircraft Fleet

647643657670681679

Countries

220220220220220195

Locations

53 k60 k66 k

Vehicle Fleet

56 k57 k58 k90 k91 k79 k
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FedEx Acquisitions / Subsidiaries

Company NameDateDeal Size
ShopRunnerDecember 02, 2020
CargexAugust 29, 2019
Flying CargoJanuary 15, 2019
Manton Air-Sea Pty Ltd.October 18, 2018
Tower Group InternationalJuly 03, 2018
P2P MailingMarch 27, 2018£92 m
Northwest ResearchOctober 18, 2017
Northwest Research, Inc.October 18, 2017
TNT ExpressApril 07, 2016€4.4 b
Bongo InternationalDecember 16, 2014$42 m
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FedEx Revenue Breakdown

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FedEx revenue breakdown by business segment: 10.9% from FedEx Freight, 54.3% from FedEx Express, 34.8% from FedEx Ground and 0.0% from Other

FedEx revenue breakdown by geographic segment: 30.1% from International and 69.9% from United States

Human Capital Metrics

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FedEx Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

FedEx Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

FedEx Online and Social Media Presence

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FedEx Company Culture

  • Overall Culture

    A

    77/100

  • CEO Rating

    A

    77/100

  • Compensation

    A+

    81/100

  • Diversity

    B+

    74/100

Learn more on Comparably

FedEx News and Updates

CalAmp Appoints FedEx Ground CEO Henry J. Maier to its Board of Directors

IRVINE, Calif., April 7, 2021 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, announced today that Henry J. Maier, president and CEO of FedEx Ground, will be appointed to its Board of Directors effective June 1, 2021....

A startup that cracked the code on ultrafast delivery for companies like HelloFresh just raised $20 million. Here's how AxleHire's CEO plans to snatch market share from UPS and FedEx.

Summary List PlacementAs companies like UPS and FedEx dealt with the pandemic-induced boom in e-commerce, delivery delays became the norm — and a disaster for time-sensitive food shipments. Any company that could help navigate the myriad supply chain disruptions stood to win big — and San Francisc…

Nike and FedEx haven’t paid federal income tax in three years

Despite raking in billions, Nike, FedEx, and other public companies have paid no federal corporate income tax in the US since 2018, according to a new study.

Global Air Transport Market Report 2021-2030 Featuring Major Players - American Airlines Group; Delta Air Lines; United Continental Holdings; Lufthansa Group and FedEx

Dublin, March 25, 2021 (GLOBE NEWSWIRE) -- The "Air Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. Air Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, markete…

FedEx is named top pick at Barclays, but another transports stock looks set to break out: Trader

Barclays has named FedEx a top pick, but other transports stocks can deliver, two traders say.

FedEx execs detail how they'll wield tech and data collection to keep profits rolling after the e-commerce explosion fades

Summary List PlacementFedEx is betting that more data will bring the 50-year-old company more value. The shift in consumer spending toward e-commerce has, perhaps inevitably, benefited FedEx. Last week, the company reported $21.5 billion in revenue in its fiscal third quarter, which ended February…
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FedEx Blogs

£20,000 Grant to Help UK Small Businesses

FedEx Express has announced a £20,000 grant to help small and medium enterprises (SMEs) in the UK grow. The post £20,000 Grant to Help UK Small Businesses appeared first on About FedEx.

FedEx Supports Growth of Small and Medium-Size Businesses with Service Enhancement in 21 Cities in South Korea

SEOUL, South Korea, 22 October, 2018 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced it would expand and improve services in major areas in Korea. Improvements in overall services ranging from pick-ups to delivery servi…

FedEx Commits $2.5 Million for Aviation Scholarships

FedEx Express announced it is providing $2.5 million to create scholarships dedicated to easing the financial burden of rising education costs on the next generation of aviation professionals. The post FedEx Commits $2.5 Million for Aviation Scholarships appeared first on About FedEx.

FedEx Expanding Freight Forwarding Capabilities with Acquisition of Manton

Manton to expand the FedEx service offering in Asia Pacific FedEx Corp. (NYSE:FDX) announced today that it has agreed to acquire Manton Air-Sea Pty Ltd, a leading provider of logistics services, including freight forwarding and customs brokerage solutions. Manton’s capabilities complement and expand…

Real Time Data Delivers Real Social Change

Wheelmap is the application that makes elevator data available in real time to aid journey planning and mobility. The post Real Time Data Delivers Real Social Change appeared first on About FedEx.
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FedEx Frequently Asked Questions

  • When was FedEx founded?

    FedEx was founded in 1973.

  • Who are FedEx key executives?

    FedEx's key executives are Frederick Smith, Rajesh Subramaniam and Mike Lenz.

  • How many employees does FedEx have?

    FedEx has 183,000 employees.

  • What is FedEx revenue?

    Latest FedEx annual revenue is $69.2 b.

  • What is FedEx revenue per employee?

    Latest FedEx revenue per employee is $378.2 k.

  • Who are FedEx competitors?

    Competitors of FedEx include Stamps.com, Owens & Minor and DACHSER.

  • Where is FedEx headquarters?

    FedEx headquarters is located at 942 S Shady Grove Rd, Memphis.

  • Where are FedEx offices?

    FedEx has offices in Memphis, Anaheim, Annapolis, Arlington and in 87 other locations.

  • How many offices does FedEx have?

    FedEx has 102 offices.