OverviewSuggest Edit

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company offers shipping services for delivery of packages and freight, business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages. It also provides less-than-truckload and freight delivery services. The company operates service centers and a fleet of vehicles. It also offers sales, marketing, information technology, communications, customer, technical support, billing and collection, and other back-office support services. In addition, FedEx provides international trade services in customs brokerage, and ocean and air freight forwarding services, cross-border enablement and technology solutions, and e-commerce transportation solutions, integrated supply chain management solutions, etc. 

TypePublic
Founded1973
HQCranberry Township, US
Websitefedex.com
Employee Ratings3.7
Culture scoreB+

Latest Updates

Employees (est.) (Jul 2019)177,000(+7%)
Job Openings3,368
Revenue (FY, 2019)$69.7 B(+7%)
Share Price (May 2020)$117 (+2%)

Key People/Management at FedEx

Frederick Smith

Frederick Smith

Chairman, President, and CEO
Rajesh Subramaniam

Rajesh Subramaniam

President & COO
Alan Graf

Alan Graf

Evp & 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 Cranberry Township, Memphis, Anaheim, Annapolis and in 101 other locations
Cranberry Township, US (HQ)
700 Cranberry Woods Dr
Memphis, US (HQ)
942 S Shady Grove Rd
Anaheim, US
Anaheim, CA, USA
Annapolis, US
Annapolis, MD, USA
Arlington, US
E Bardin Rd
Atlanta, US
Atlanta, GA, USA
Show all (118)

FedEx Financials and Metrics

FedEx Revenue

FedEx's revenue was reported to be $69.69 b in FY, 2019
USD

Revenue (Q3, 2020)

17.5b

Net income (Q3, 2020)

315.0m

EBIT (Q3, 2020)

411.0m

Market capitalization (22-May-2020)

30.6b

Closing stock price (22-May-2020)

117.0

Cash (29-Feb-2020)

1.8b

EV

62.2b
FedEx's current market capitalization is $30.6 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

45.6b47.5b50.4b60.3b65.5b69.7b

Revenue growth, %

3%4%6%20%9%

Cost of goods sold

17.3m16.7b

Gross profit

50.3b53.0b
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q2, 2016Q3, 2016Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

11.3b11.7b11.9b11.7b12.3b12.5b12.7b14.7b14.9b15.0b15.3b16.3b16.5b17.1b17.8b17.0b17.0b17.3b17.5b

Cost of goods sold

4.3b4.3b4.0b

Gross profit

13.5b12.8b13.0b

Gross profit Margin, %

76%75%76%
Annual
USDFY, 2010Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.0b2.0b2.3b2.3b2.8b2.8b4.9b4.9b2.9b3.8b3.5b4.0b3.3b2.3b

Accounts Receivable

4.2b4.6b4.7b5.0b7.6b8.5b9.1b

Prepaid Expenses

546.0m1.1b1.1b

Inventories

Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.7b1.9b1.4b2.0b1.9b2.0b2.7b2.5b3.4b5.1b3.9b3.0b2.4b2.3b3.5b3.5b3.6b2.8b3.0b3.1b3.2b3.5b2.8b2.8b2.4b2.1b2.9b2.4b2.0b1.8b

Accounts Receivable

4.1b4.3b4.5b4.6b4.8b4.6b4.8b5.2b5.0b5.0b8.0b8.7b8.7b8.7b9.6b9.0b9.3b9.7b9.3b

Prepaid Expenses

697.0m925.0m1.6b1.0b1.2b1.0b742.0m882.0m884.0m

Current Assets

7.0b7.4b7.2b8.0b8.2b8.2b8.9b9.2b9.7b11.5b10.9b9.8b9.3b9.2b10.5b10.7b11.2b10.2b11.4b12.1b11.9b12.7b12.9b13.6b12.6b13.4b13.5b13.0b13.2b12.5b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.2b1.5b2.0b1.6b2.1b1.1b1.8b3.0b4.6b540.0m

Depreciation and Amortization

2.0b2.0b2.1b2.4b1.5b1.4b3.0b3.1b3.4b

Inventories

Accounts Payable

710.0m370.0m144.0m10.0m(235.0m)659.0m467.0m103.0m141.0m(571.0m)
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

380.0m663.0m894.0m464.0m961.0m1.5b459.0m897.0m1.3b489.0m500.0m378.0m606.0m616.0m580.0m692.0m1.4b1.9b715.0m1.4b2.0b596.0m1.4b3.4b835.0m1.8b2.5b745.0m1.3b1.6b

Depreciation and Amortization

479.0m981.0m1.5b509.0m1.0b1.6b573.0m1.2b1.8b639.0m647.0m652.0m651.0m651.0m652.0m648.0m1.3b2.0b739.0m1.5b2.2b751.0m1.5b2.3b808.0m1.6b2.5b879.0m1.8b2.7b

Accounts Payable

(160.0m)253.0m(60.0m)(263.0m)119.0m(660.0m)(474.0m)(345.0m)(570.0m)(343.0m)2.0b2.0b2.1b(151.0m)66.0m(146.0m)(753.0m)67.0m(1.6b)(540.0m)(564.0m)(2.8b)(584.0m)(227.0m)(1.3b)(1.5b)(1.7b)(2.6b)

Cash From Operating Activities

796.0m2.0b2.5b860.0m2.2b3.0b903.0m1.7b3.0b929.0m1.2b2.5b3.8b971.0m2.6b2.6b590.0m1.5b1.2b701.0m2.2b3.3b565.0m2.1b3.3b
USDY, 2020

EV/EBIT

151.4 x

EV/CFO

19 x

Financial Leverage

3.7 x
Show all financial metrics

FedEx Operating Metrics

FY, 2015FY, 2016FY, 2017

Aircraft Fleet

647 643 657

Countries

220 220 220

Locations

53 k60 k66 k

Vehicle Fleet

56 k57 k58 k
Show all operating metrics

FedEx Acquisitions / Subsidiaries

Company NameDateDeal Size
FCJI
Federal Express (Australia) Pty Ltd
Federal Express Canada Corporation
Federal Express Canada Holding L.P.
Federal Express (China) Company Limited
Federal Express Corporation
Federal Express Europe
Federal Express Holding (Netherlands) C.V.
Federal Express (Hong Kong) Holding G.P.
Federal Express (Hong Kong) Limited
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FedEx Revenue Breakdown

Embed Graph

FedEx revenue breakdown by business segment: 57.4% from FedEx Express, 29.2% from FedEx Ground, 10.8% from FedEx Freight and 2.6% from Other

FedEx Online and Social Media Presence

Embed Graph

FedEx Company Culture

  • Overall Culture

    B+

    72/100

  • CEO Rating

    A

    75/100

  • Compensation

    B

    69/100

  • Diversity

    B

    72/100

Learn more on Comparably

FedEx News and Updates

Looking Back: Why Is Fedex Down 50%?

FedEx Corporation’s stock slid over 40% in 2 years, with the stock price declining from $242 at the end of 2017 to about $150 at the end of 2019. Furthermore, the stock price dropped in 2020 to $117 (as of 20th May) due to the COVID-19 pandemic, registering a cumulative decline of 52%...

Drivers fired after posting video of confrontation with FedEx customer

"We just apologized but he kept escalating the situation," one of the drivers said.

FedEx says it's investigating after two drivers alleged they were confronted by an angry homeowner in viral video

FedEx says it is investigating an incident that allegedly occurred in Leesburg, Georgia, on Tuesday between two delivery drivers and a homeowner.  A video posted to Facebook and Twitter by a man named Antonio Braswell appears to show a black delivery driver arguing with a white homeowner while ano…

Microsoft wins multiyear cloud and AI deal with FedEx to improve package deliveries

Microsoft Corp. and FedEx Corp. today unveiled a multiyear partnership under which the logistics giant will use Microsoft’s Azure cloud service to build a machine learning-powered platform for predicting package delivery delays. The planned platform, FedEx Surround, is expected to be the first of s…

UPS and FedEx shares rally on report that Amazon is dropping plan to compete

UPS and FedEx shares rally on report that Amazon is dropping plan to compete

FedEx, UPS stocks surge after WSJ report of Amazon halting competing service

Shares of FedEx Corp. surged 5.0% and of United Parcel Service Inc. rallied 4.2% in premarket trading Wednesday, after The Wall Street Journal reported that Amazon.com Inc. was halting a delivery service known as Amazon Shipping that directly competes with the package delivery services. J.P. Morg…
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FedEx Blogs

FedEx Freight Technicians Dominate at TMCSuperTech

Led by Phillip Pinter, who captured the Grand Champion title, fleet maintenance technicians from FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), swept eight of the top 10 finishes at the 2018 TMCSuperTech competition held in Orlando, Fla. TMCSuperTech is the American Trucking Associations’ p…

FedEx Pledges $1 Million to Support Hurricane Michael Relief Efforts

FedEx Corp. has committed $1 million in cash and transportation support to deliver critical aid and supplies in the wake of Hurricane Michael. The post FedEx Pledges $1 Million to Support Hurricane Michael Relief Efforts appeared first on About FedEx.

FedEx Launches Customer Rewards Campaign

TOKYO, October 9, 2018 – FedEx Express (FedEx) a subsidiary of FedEx Corp. (NYSE: FDX), launched a campaign to thank and reward customers for using FedEx and TNT services. From October 1 through January 31, 2019, anyone who ships a package using eligible FedEx and TNT services has a chance to win a …

How a Roll of Tape Helps Save Lives

See how a simple task, using a roll of tape, helped cut donkey cart accidents in seven villages by over 40 percent in one year. The post How a Roll of Tape Helps Save Lives appeared first on About FedEx.

2nd Largest FedEx Express Hub Turns 30

Take a behind-the-scenes look at the second largest FedEx Express hub in the world. The post 2nd Largest FedEx Express Hub Turns 30 appeared first on About FedEx.

Juan Cento

Juan N. Cento Regional President FedEx Express Latin America and Caribbean Division Q: What does being Hispanic mean to you? A: For me, being Hispanic is about embracing diversity and inclusion. It is about making the best of our differences. Q: How has your life story impacted your career? A: My st…
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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 Alan Graf.

  • How many employees does FedEx have?

    FedEx has 177,000 employees.

  • What is FedEx revenue?

    Latest FedEx annual revenue is $69.7 b.

  • What is FedEx revenue per employee?

    Latest FedEx revenue per employee is $393.7 k.

  • Who are FedEx competitors?

    Competitors of FedEx include DHL International, C.H. Robinson Worldwide and Deutsche Post.

  • Where is FedEx headquarters?

    FedEx headquarters is located at 700 Cranberry Woods Dr, Cranberry Township.

  • Where are FedEx offices?

    FedEx has offices in Cranberry Township, Memphis, Anaheim, Annapolis and in 101 other locations.

  • How many offices does FedEx have?

    FedEx has 118 offices.