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.
  
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.

Total Revenue

Total revenue comprises all receipts FedEx generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.
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 Profit18.0B20.2B19.2B19.0B
Total Revenue84.0B93.5B90.2B87.7B

FedEx income statement Correlations

0.560.540.40.50.790.710.910.540.20.57-0.080.570.52-0.180.460.260.45-0.430.390.45-0.540.030.8-0.78
0.560.90.60.890.770.780.580.910.540.58-0.290.650.340.040.62-0.030.09-0.310.280.23-0.690.180.67-0.76
0.540.90.771.00.790.820.580.990.740.68-0.220.730.530.330.670.0-0.01-0.430.30.14-0.520.280.64-0.69
0.40.60.770.770.710.680.480.670.960.65-0.10.660.60.220.60.030.03-0.380.250.11-0.340.250.47-0.48
0.50.891.00.770.760.790.540.990.750.66-0.230.710.510.360.65-0.01-0.05-0.410.280.12-0.50.280.62-0.67
0.790.770.790.710.760.940.820.760.530.81-0.090.830.67-0.050.760.10.33-0.480.450.27-0.660.180.72-0.73
0.710.780.820.680.790.940.820.80.530.870.030.880.720.030.830.210.16-0.520.540.28-0.60.410.69-0.68
0.910.580.580.480.540.820.820.570.290.690.030.70.6-0.150.620.330.45-0.60.620.48-0.510.270.82-0.8
0.540.910.990.670.990.760.80.570.640.64-0.240.70.480.340.65-0.01-0.03-0.410.290.13-0.530.260.64-0.69
0.20.540.740.960.750.530.530.290.640.51-0.130.540.480.360.49-0.02-0.11-0.310.140.02-0.230.260.34-0.36
0.570.580.680.650.660.810.870.690.640.510.460.990.920.060.970.57-0.07-0.720.690.3-0.420.570.64-0.46
-0.08-0.29-0.22-0.1-0.23-0.090.030.03-0.24-0.130.460.390.53-0.10.470.87-0.42-0.460.560.180.210.610.030.3
0.570.650.730.660.710.830.880.70.70.540.990.390.880.060.980.520.0-0.720.690.28-0.510.540.68-0.52
0.520.340.530.60.510.670.720.60.480.480.920.530.880.20.820.63-0.15-0.720.550.35-0.170.550.52-0.29
-0.180.040.330.220.36-0.050.03-0.150.340.360.06-0.10.060.2-0.02-0.14-0.45-0.04-0.2-0.420.190.22-0.280.24
0.460.620.670.60.650.760.830.620.650.490.970.470.980.82-0.020.55-0.07-0.730.730.27-0.460.610.65-0.48
0.26-0.030.00.03-0.010.10.210.33-0.01-0.020.570.870.520.63-0.140.55-0.27-0.650.580.420.010.630.41-0.09
0.450.09-0.010.03-0.050.330.160.45-0.03-0.11-0.07-0.420.0-0.15-0.45-0.07-0.27-0.10.070.1-0.45-0.470.38-0.52
-0.43-0.31-0.43-0.38-0.41-0.48-0.52-0.6-0.41-0.31-0.72-0.46-0.72-0.72-0.04-0.73-0.65-0.1-0.62-0.50.11-0.6-0.710.5
0.390.280.30.250.280.450.540.620.290.140.690.560.690.55-0.20.730.580.07-0.620.37-0.170.470.52-0.34
0.450.230.140.110.120.270.280.480.130.020.30.180.280.35-0.420.270.420.1-0.50.370.170.130.6-0.44
-0.54-0.69-0.52-0.34-0.5-0.66-0.6-0.51-0.53-0.23-0.420.21-0.51-0.170.19-0.460.01-0.450.11-0.170.170.02-0.490.61
0.030.180.280.250.280.180.410.270.260.260.570.610.540.550.220.610.63-0.47-0.60.470.130.020.25-0.1
0.80.670.640.470.620.720.690.820.640.340.640.030.680.52-0.280.650.410.38-0.710.520.6-0.490.25-0.92
-0.78-0.76-0.69-0.48-0.67-0.73-0.68-0.8-0.69-0.36-0.460.3-0.52-0.290.24-0.48-0.09-0.520.5-0.34-0.440.61-0.1-0.92
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FedEx Account Relationship Matchups

FedEx income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.6B3.8B4.0B4.2B4.3B4.5B
Interest Expense588M672M793M689M401M745M
Total Revenue69.7B69.2B84.0B93.5B90.2B87.7B
Gross Profit14.8B13.3B18.0B20.2B19.2B19.0B
Other Operating Expenses64.9B66.4B78.0B87.0B84.8B82.1B
Operating Income4.5B3.3B5.9B6.2B4.9B5.6B
Ebit5.1B3.3B8.0B5.8B6.4B7.0B
Ebitda6.9B11.7B9.8B10.6B11.3B11.8B
Cost Of Revenue54.9B55.9B66.0B73.3B71.0B68.7B
Total Operating Expenses10.0B10.5B12.0B13.6B13.8B12.6B
Income Before Tax655M1.7B6.7B4.9B5.4B5.8B
Total Other Income Expense Net(3.6B)(1.6B)817M(1.3B)451M277M
Net Income540M1.3B5.2B3.8B4.0B4.3B
Income Tax Expense115M383M1.4B1.1B1.4B1.5B
Selling General Administrative9.6B10.1B11.3B13.2B13.4B722M
Net Income Applicable To Common Shares540M1.3B5.2B3.8B4.0B1.9B
Net Income From Continuing Ops540M1.3B5.2B3.8B4.0B4.3B
Non Operating Income Net Other(76M)1.6B(660M)1.1B1.3B1.4B
Selling And Marketing Expenses427M428M470M435M421M476.7M
Tax Provision383M1.4B1.1B1.4B1.5B964.4M
Net Interest Income(617M)(741M)(636M)(496M)(375M)(393.8M)
Interest Income55M741M53M496M370M265.2M
Reconciled Depreciation3.6B3.8B4.0B4.2B4.3B4.0B

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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.