FedEx

One of the largest delivery services companies in the U.S., FedEx comes in second in annual revenue only to the United Parcel Service. The company, founded in 1973 as the Federal Express Corporation, was initially known as one of the first major delivery services to offer overnight options as part of its flagship service. FedEx is also one of the top contractors of the U.S. government, assisting the United States Postal Service in the transportation of packages through the FedEx SmartPost service. In 2021, FedEx was on the receiving end of criticism when a report revealed that the company was one of over 50 major American companies to have paid $0 in federal taxes on its profits from 2020.
F500-2020-047-FedEx
BELGA PHOTO ERIC LALMAND/Reuters

Company Information

As of 6/5/23
Country
U.S.
Headquarters
Memphis
Industry
Mail, Package, and Freight Delivery
CEO
Rajesh Subramaniam
Company Type
Public
Ticker
FDX
Revenues ($M)
$93,512
Profits ($M)
$3,826
Market Value ($M)
$57,431
Employees
464,400
Figures are for fiscal year ended May 31, 2022. Market value as of March 31, 2023.

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
14.33
EPS % Change (from 2021)
-26.3%
EPS % Change (5 year annual rate)
5.3%
EPS % Change (10 year annual rate)
8.4%

Total Return

Total Return to Investors (2022)
-31.9%
Total Return to Investors (5 year, annualized)
-5.7%
Total Return to Investors (10 year, annualized)
7.7%

America's Most Innovative Companies

Sector
Transportation
Culture rank
240
Process rank
282
Product rank
62

World's Most Admired Companies

Sector
Transport
Industry
Delivery
Current All-Star Rank
18
Previous All-Star Rank
16
Industry Rank
3
Previous Industry Rank
3
Overall Score
7.09
Innovation
3
People Management
3
Use of Corporate Assets
3
Social Responsibility
3
Quality of Management
3
Financial Soundness
3
Long-Term Investment Value
3
Quality of Products/Services
3
Global Competitiveness
3

Key Financials (Last Fiscal Year)

($ Millions)
% change
Revenues ($M)
$83,959
21.3%
Profits ($M)
$5,231
306.8%
Assets ($M)
$82,777
-
Total Stockholder Equity ($M)
$24,168
-

Profit Ratios

Profit as % of Revenues
6.2%
Profits as % of Assets
6.3%
Profits as % of Stockholder Equity
21.6%

Best Companies

Rank last year
-
Years on list
17
Employees (as of March 2022)
375,194
Job openings (as of March 2022)
58,130
Year founded
1973

Perks

100% health coverage
no
Unlimited sick days
yes
Telecommuting
yes
Job sharing
no
Subsidized childcare
no
Compressed work weeks
yes
Fully-paid sabbaticals
no
On-site fitness/subsidized gym
yes
On-site medical care facility
no
Non-discrimination policy includes sexual orientation
yes
Sick days for part-timers
yes
College tuition reimbursement
yes
Student loan debt repayment
no
Medical facility at all locations
-

Paid Time Off: Full-Time Employees

PTO limit (days)
-
# Sick days
unlimited

Hiring/Staffing (Past 12 Months)

# of job applicants
3,314,066
Avg. # of applicants per opening
-
# New graduates hired
-
Lists ranking FedEx
RANK18
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RANK129
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RANK41
Fortune 500 - 2023The Fortune 500, in its 69th year in 2023, ranks t...READ MORE
RANK100
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