FedEx Historical Income Statement

FDX Stock

USD 305.15 5.18 1.73%

Historical analysis of FedEx income statement accounts such as Total Revenue of 7.4 B or Gross Profit of 6 B can show how well FedEx performed in making a profits. Evaluating FedEx income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FedEx's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining FedEx latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FedEx is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

About FedEx Income Statement Analysis

FedEx Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FedEx shareholders. The income statement also shows FedEx investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

FedEx Income Statement Chart

At this time, FedEx's Depreciation And Amortization is fairly stable compared to the past year. EBITDA is likely to rise to about 11.8 B in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

Gross Profit Other Operating Expenses Operating Income Cost Of Revenue Interest Income

Gross Profit

Gross profit is a required income statement account that reflects total revenue of FedEx minus its cost of goods sold. It is profit before FedEx operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FedEx. It is also known as FedEx overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from FedEx operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FedEx is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on FedEx income statement and represents the costs associated with goods and services FedEx provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from FedEx's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FedEx current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.At this time, FedEx's Depreciation And Amortization is fairly stable compared to the past year. EBITDA is likely to rise to about 11.8 B in 2024, whereas Interest Expense is likely to drop 0.00 in 2024.

	2020	2021	2022	2023 (projected)
Gross Profit	18.0B	20.2B	19.2B	19.0B
Total Revenue	84.0B	93.5B	90.2B	87.7B

Gross Profit Total Revenue

FedEx income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Non Recurring	Tax Provision	Discontinued Operations	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.56	0.54	0.4	0.5	0.79	0.71	0.91	0.54	0.2	0.57	-0.08	0.57	0.52	-0.18	0.46	0.26	0.45	-0.43	0.39	0.45	-0.54	0.03	0.8	-0.78
Interest Expense	0.56		0.9	0.6	0.89	0.77	0.78	0.58	0.91	0.54	0.58	-0.29	0.65	0.34	0.04	0.62	-0.03	0.09	-0.31	0.28	0.23	-0.69	0.18	0.67	-0.76
Total Revenue	0.54	0.9		0.77	1.0	0.79	0.82	0.58	0.99	0.74	0.68	-0.22	0.73	0.53	0.33	0.67	0.0	-0.01	-0.43	0.3	0.14	-0.52	0.28	0.64	-0.69
Gross Profit	0.4	0.6	0.77		0.77	0.71	0.68	0.48	0.67	0.96	0.65	-0.1	0.66	0.6	0.22	0.6	0.03	0.03	-0.38	0.25	0.11	-0.34	0.25	0.47	-0.48
Other Operating Expenses	0.5	0.89	1.0	0.77		0.76	0.79	0.54	0.99	0.75	0.66	-0.23	0.71	0.51	0.36	0.65	-0.01	-0.05	-0.41	0.28	0.12	-0.5	0.28	0.62	-0.67
Operating Income	0.79	0.77	0.79	0.71	0.76		0.94	0.82	0.76	0.53	0.81	-0.09	0.83	0.67	-0.05	0.76	0.1	0.33	-0.48	0.45	0.27	-0.66	0.18	0.72	-0.73
Ebit	0.71	0.78	0.82	0.68	0.79	0.94		0.82	0.8	0.53	0.87	0.03	0.88	0.72	0.03	0.83	0.21	0.16	-0.52	0.54	0.28	-0.6	0.41	0.69	-0.68
Ebitda	0.91	0.58	0.58	0.48	0.54	0.82	0.82		0.57	0.29	0.69	0.03	0.7	0.6	-0.15	0.62	0.33	0.45	-0.6	0.62	0.48	-0.51	0.27	0.82	-0.8
Cost Of Revenue	0.54	0.91	0.99	0.67	0.99	0.76	0.8	0.57		0.64	0.64	-0.24	0.7	0.48	0.34	0.65	-0.01	-0.03	-0.41	0.29	0.13	-0.53	0.26	0.64	-0.69
Total Operating Expenses	0.2	0.54	0.74	0.96	0.75	0.53	0.53	0.29	0.64		0.51	-0.13	0.54	0.48	0.36	0.49	-0.02	-0.11	-0.31	0.14	0.02	-0.23	0.26	0.34	-0.36
Income Before Tax	0.57	0.58	0.68	0.65	0.66	0.81	0.87	0.69	0.64	0.51		0.46	0.99	0.92	0.06	0.97	0.57	-0.07	-0.72	0.69	0.3	-0.42	0.57	0.64	-0.46
Total Other Income Expense Net	-0.08	-0.29	-0.22	-0.1	-0.23	-0.09	0.03	0.03	-0.24	-0.13	0.46		0.39	0.53	-0.1	0.47	0.87	-0.42	-0.46	0.56	0.18	0.21	0.61	0.03	0.3
Net Income	0.57	0.65	0.73	0.66	0.71	0.83	0.88	0.7	0.7	0.54	0.99	0.39		0.88	0.06	0.98	0.52	0.0	-0.72	0.69	0.28	-0.51	0.54	0.68	-0.52
Income Tax Expense	0.52	0.34	0.53	0.6	0.51	0.67	0.72	0.6	0.48	0.48	0.92	0.53	0.88		0.2	0.82	0.63	-0.15	-0.72	0.55	0.35	-0.17	0.55	0.52	-0.29
Selling General Administrative	-0.18	0.04	0.33	0.22	0.36	-0.05	0.03	-0.15	0.34	0.36	0.06	-0.1	0.06	0.2		-0.02	-0.14	-0.45	-0.04	-0.2	-0.42	0.19	0.22	-0.28	0.24
Net Income From Continuing Ops	0.46	0.62	0.67	0.6	0.65	0.76	0.83	0.62	0.65	0.49	0.97	0.47	0.98	0.82	-0.02		0.55	-0.07	-0.73	0.73	0.27	-0.46	0.61	0.65	-0.48
Non Operating Income Net Other	0.26	-0.03	0.0	0.03	-0.01	0.1	0.21	0.33	-0.01	-0.02	0.57	0.87	0.52	0.63	-0.14	0.55		-0.27	-0.65	0.58	0.42	0.01	0.63	0.41	-0.09
Selling And Marketing Expenses	0.45	0.09	-0.01	0.03	-0.05	0.33	0.16	0.45	-0.03	-0.11	-0.07	-0.42	0.0	-0.15	-0.45	-0.07	-0.27		-0.1	0.07	0.1	-0.45	-0.47	0.38	-0.52
Non Recurring	-0.43	-0.31	-0.43	-0.38	-0.41	-0.48	-0.52	-0.6	-0.41	-0.31	-0.72	-0.46	-0.72	-0.72	-0.04	-0.73	-0.65	-0.1		-0.62	-0.5	0.11	-0.6	-0.71	0.5
Tax Provision	0.39	0.28	0.3	0.25	0.28	0.45	0.54	0.62	0.29	0.14	0.69	0.56	0.69	0.55	-0.2	0.73	0.58	0.07	-0.62		0.37	-0.17	0.47	0.52	-0.34
Discontinued Operations	0.45	0.23	0.14	0.11	0.12	0.27	0.28	0.48	0.13	0.02	0.3	0.18	0.28	0.35	-0.42	0.27	0.42	0.1	-0.5	0.37		0.17	0.13	0.6	-0.44
Net Interest Income	-0.54	-0.69	-0.52	-0.34	-0.5	-0.66	-0.6	-0.51	-0.53	-0.23	-0.42	0.21	-0.51	-0.17	0.19	-0.46	0.01	-0.45	0.11	-0.17	0.17		0.02	-0.49	0.61
Interest Income	0.03	0.18	0.28	0.25	0.28	0.18	0.41	0.27	0.26	0.26	0.57	0.61	0.54	0.55	0.22	0.61	0.63	-0.47	-0.6	0.47	0.13	0.02		0.25	-0.1
Reconciled Depreciation	0.8	0.67	0.64	0.47	0.62	0.72	0.69	0.82	0.64	0.34	0.64	0.03	0.68	0.52	-0.28	0.65	0.41	0.38	-0.71	0.52	0.6	-0.49	0.25		-0.92
Extraordinary Items	-0.78	-0.76	-0.69	-0.48	-0.67	-0.73	-0.68	-0.8	-0.69	-0.36	-0.46	0.3	-0.52	-0.29	0.24	-0.48	-0.09	-0.52	0.5	-0.34	-0.44	0.61	-0.1	-0.92

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FedEx Account Relationship Matchups

FedEx income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.6B	3.8B	4.0B	4.2B	4.3B	4.5B
Interest Expense	588M	672M	793M	689M	401M	745M
Total Revenue	69.7B	69.2B	84.0B	93.5B	90.2B	87.7B
Gross Profit	14.8B	13.3B	18.0B	20.2B	19.2B	19.0B
Other Operating Expenses	64.9B	66.4B	78.0B	87.0B	84.8B	82.1B
Operating Income	4.5B	3.3B	5.9B	6.2B	4.9B	5.6B
Ebit	5.1B	3.3B	8.0B	5.8B	6.4B	7.0B
Ebitda	6.9B	11.7B	9.8B	10.6B	11.3B	11.8B
Cost Of Revenue	54.9B	55.9B	66.0B	73.3B	71.0B	68.7B
Total Operating Expenses	10.0B	10.5B	12.0B	13.6B	13.8B	12.6B
Income Before Tax	655M	1.7B	6.7B	4.9B	5.4B	5.8B
Total Other Income Expense Net	(3.6B)	(1.6B)	817M	(1.3B)	451M	277M
Net Income	540M	1.3B	5.2B	3.8B	4.0B	4.3B
Income Tax Expense	115M	383M	1.4B	1.1B	1.4B	1.5B
Selling General Administrative	9.6B	10.1B	11.3B	13.2B	13.4B	722M
Net Income Applicable To Common Shares	540M	1.3B	5.2B	3.8B	4.0B	1.9B
Net Income From Continuing Ops	540M	1.3B	5.2B	3.8B	4.0B	4.3B
Non Operating Income Net Other	(76M)	1.6B	(660M)	1.1B	1.3B	1.4B
Selling And Marketing Expenses	427M	428M	470M	435M	421M	476.7M
Tax Provision	383M	1.4B	1.1B	1.4B	1.5B	964.4M
Net Interest Income	(617M)	(741M)	(636M)	(496M)	(375M)	(393.8M)
Interest Income	55M	741M	53M	496M	370M	265.2M
Reconciled Depreciation	3.6B	3.8B	4.0B	4.2B	4.3B	4.0B

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When running FedEx's price analysis, check to measure FedEx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.

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FedEx Historical Income Statement

About FedEx Income Statement Analysis

FedEx Income Statement Chart

Gross Profit

Other Operating Expenses

Operating Income

Cost Of Revenue

Interest Income

FedEx income statement Correlations

FedEx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FedEx income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income
Net Income From Continuing Ops	+ 0.97	Income Before Tax

Extraordinary Items	- 0.92	Reconciled Depreciation
Extraordinary Items	- 0.8	Ebitda
Extraordinary Items	- 0.78	Depreciation And Amortization
Extraordinary Items	- 0.76	Interest Expense
Non Recurring	- 0.73	Net Income From Continuing Ops
Extraordinary Items	- 0.73	Operating Income