FEDEX CORP — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that FEDEX CORP filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | May 31, 2018 | $17.31B | Jul 16, 2018 |
| FY2018 | Feb 28, 2018 | $16.53B | Jul 16, 2018 |
| FY2018 | Nov 30, 2017 | $16.31B | Jul 16, 2018 |
| FY2018 | Aug 31, 2017 | $15.30B | Jul 16, 2018 |
| FY2018 | May 31, 2017 | $15.73B | Jul 16, 2018 |
| FY2018 | Feb 28, 2017 | $15.00B | Jul 16, 2018 |
| FY2018 | Nov 30, 2016 | $14.93B | Jul 16, 2018 |
| FY2018 | Aug 31, 2016 | $14.66B | Jul 16, 2018 |
| FY2017 | May 31, 2016 | $12.98B | Jul 17, 2017 |
| FY2017 | Feb 29, 2016 | $12.65B | Jul 17, 2017 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $87.93B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $87.69B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $90.16B | Jul 21, 2025 |
| FY2024 | May 31, 2022 | $93.51B | Jul 15, 2024 |
| FY2023 | May 31, 2021 | $83.96B | Jul 17, 2023 |
| FY2020 | May 31, 2020 | $17.36B | Jul 20, 2020 |
| FY2020 | Feb 29, 2020 | $17.49B | Jul 20, 2020 |
| FY2020 | Nov 30, 2019 | $17.32B | Jul 20, 2020 |
| FY2020 | Aug 31, 2019 | $17.05B | Jul 20, 2020 |
| FY2020 | May 31, 2019 | $17.81B | Jul 20, 2020 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $4.09B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $4.33B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $3.97B | Jul 21, 2025 |
| FY2024 | May 31, 2022 | $3.83B | Jul 15, 2024 |
| FY2023 | May 31, 2021 | $5.23B | Jul 17, 2023 |
| FY2020 | May 31, 2020 | ($334.00M) | Jul 20, 2020 |
| FY2020 | Feb 29, 2020 | $315.00M | Jul 20, 2020 |
| FY2020 | Nov 30, 2019 | $560.00M | Jul 20, 2020 |
| FY2020 | Aug 31, 2019 | $745.00M | Jul 20, 2020 |
| FY2020 | May 31, 2019 | ($1.97B) | Jul 20, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $5.22B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $5.56B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $4.91B | Jul 21, 2025 |
| FY2024 | May 31, 2022 | $6.25B | Jul 15, 2024 |
| FY2023 | May 31, 2021 | $5.86B | Jul 17, 2023 |
| FY2020 | May 31, 2020 | $475.00M | Jul 20, 2020 |
| FY2020 | Feb 29, 2020 | $411.00M | Jul 20, 2020 |
| FY2020 | Nov 30, 2019 | $554.00M | Jul 20, 2020 |
| FY2020 | Aug 31, 2019 | $977.00M | Jul 20, 2020 |
| FY2020 | May 31, 2019 | $1.32B | Jul 20, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $7.04B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $8.31B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $8.85B | Jul 21, 2025 |
| FY2024 | May 31, 2022 | $9.83B | Jul 15, 2024 |
| FY2023 | May 31, 2021 | $10.14B | Jul 17, 2023 |
| FY2022 | May 31, 2020 | $5.10B | Jul 18, 2022 |
| FY2021 | May 31, 2019 | $5.61B | Jul 19, 2021 |
| FY2020 | May 31, 2018 | $4.67B | Jul 20, 2020 |
| FY2019 | May 31, 2017 | $4.93B | Jul 16, 2019 |
| FY2018 | May 31, 2016 | $5.71B | Jul 16, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $87.63B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $87.01B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $87.14B | Jul 21, 2025 |
| FY2024 | May 31, 2022 | $85.99B | Jul 15, 2024 |
| FY2023 | May 31, 2021 | $82.78B | Jul 17, 2023 |
| FY2022 | May 31, 2020 | $73.54B | Jul 18, 2022 |
| FY2021 | May 31, 2019 | $54.40B | Jul 19, 2021 |
| FY2020 | May 31, 2018 | $52.33B | Jul 20, 2020 |
| FY2019 | May 31, 2017 | $48.55B | Jul 16, 2019 |
| FY2018 | May 31, 2016 | $45.96B | Jul 16, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $28.07B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $27.58B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $26.09B | Jul 21, 2025 |
| FY2025 | May 31, 2022 | $24.94B | Jul 21, 2025 |
| FY2024 | May 31, 2021 | $24.17B | Jul 15, 2024 |
| FY2023 | May 31, 2020 | $18.30B | Jul 17, 2023 |
| FY2022 | May 31, 2019 | $17.76B | Jul 18, 2022 |
| FY2021 | May 31, 2018 | $19.42B | Jul 19, 2021 |
| FY2020 | May 31, 2017 | $16.07B | Jul 20, 2020 |
| FY2019 | May 31, 2016 | $13.78B | Jul 16, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $6.60B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $6.42B | Jul 21, 2025 |
| FY2025 | May 31, 2023 | $6.44B | Jul 21, 2025 |
| FY2024 | May 31, 2022 | $6.54B | Jul 15, 2024 |
| FY2023 | May 31, 2021 | $6.99B | Jul 17, 2023 |
| FY2022 | May 31, 2020 | $6.37B | Jul 18, 2022 |
| FY2021 | May 31, 2019 | $6.88B | Jul 19, 2021 |
| FY2020 | May 31, 2018 | $6.97B | Jul 20, 2020 |
| FY2019 | May 31, 2017 | $7.15B | Jul 16, 2019 |
| FY2018 | May 31, 2016 | $6.75B | Jul 16, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $41.40B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $38.65B | Jul 21, 2025 |
| FY2024 | May 31, 2023 | $35.26B | Jul 15, 2024 |
| FY2023 | May 31, 2022 | $32.78B | Jul 17, 2023 |
| FY2022 | May 31, 2021 | $29.82B | Jul 18, 2022 |
| FY2021 | May 31, 2020 | $25.22B | Jul 19, 2021 |
| FY2020 | May 31, 2019 | $24.65B | Jul 20, 2020 |
| FY2019 | May 31, 2018 | $24.82B | Jul 16, 2019 |
| FY2018 | May 31, 2017 | $20.83B | Jul 16, 2018 |
| FY2017 | May 31, 2016 | $18.37B | Jul 17, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $5.50B | Jul 21, 2025 |
| FY2025 | May 31, 2024 | $6.50B | Jul 21, 2025 |
| FY2024 | May 31, 2023 | $6.86B | Jul 15, 2024 |
| FY2023 | May 31, 2022 | $6.90B | Jul 17, 2023 |
| FY2022 | May 31, 2021 | $7.09B | Jul 18, 2022 |
| FY2021 | May 31, 2020 | $4.88B | Jul 19, 2021 |
| FY2020 | May 31, 2019 | $2.32B | Jul 20, 2020 |
| FY2020 | May 31, 2018 | $3.27B | Jul 20, 2020 |
| FY2020 | May 31, 2017 | $3.97B | Jul 20, 2020 |
| FY2019 | May 31, 2016 | $3.53B | Jul 16, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $19.90B | Jul 21, 2025 |
| FY2024 | May 31, 2024 | $19.77B | Jul 15, 2024 |
| FY2023 | May 31, 2023 | $19.78B | Jul 17, 2023 |
| FY2022 | May 31, 2022 | $19.80B | Jul 18, 2022 |
| FY2021 | May 31, 2021 | $19.42B | Jul 19, 2021 |
| FY2021 | May 31, 2020 | $21.52B | Jul 19, 2021 |
| FY2020 | May 31, 2019 | $17.52B | Jul 20, 2020 |
| FY2019 | May 31, 2018 | $16.51B | Jul 16, 2019 |
| FY2018 | May 31, 2017 | $14.88B | Jul 16, 2018 |
| FY2017 | May 31, 2016 | $13.69B | Jul 17, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 16 | Jul 21, 2025 |
| FY2025 | May 31, 2024 | 17 | Jul 21, 2025 |
| FY2025 | May 31, 2023 | 15 | Jul 21, 2025 |
| FY2024 | May 31, 2022 | 14 | Jul 15, 2024 |
| FY2023 | May 31, 2021 | 19 | Jul 17, 2023 |
| FY2020 | May 31, 2020 | (1) | Jul 20, 2020 |
| FY2020 | Feb 29, 2020 | 1 | Jul 20, 2020 |
| FY2020 | Nov 30, 2019 | 2 | Jul 20, 2020 |
| FY2020 | Aug 31, 2019 | 2 | Jul 20, 2020 |
| FY2020 | May 31, 2019 | (7) | Jul 20, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 16 | Jul 21, 2025 |
| FY2025 | May 31, 2024 | 17 | Jul 21, 2025 |
| FY2025 | May 31, 2023 | 15 | Jul 21, 2025 |
| FY2024 | May 31, 2022 | 14 | Jul 15, 2024 |
| FY2023 | May 31, 2021 | 19 | Jul 17, 2023 |
| FY2020 | May 31, 2020 | (1) | Jul 20, 2020 |
| FY2020 | Feb 29, 2020 | 1 | Jul 20, 2020 |
| FY2020 | Nov 30, 2019 | 2 | Jul 20, 2020 |
| FY2020 | Aug 31, 2019 | 2 | Jul 20, 2020 |
| FY2020 | May 31, 2019 | (7) | Jul 20, 2020 |