The delivery services giant climbed six spots to No. 39 on this year’s Fortune 500. Thanks to an increase in e-commerce during the pandemic; the company predicts its deliveries could exceed 100 million a day in calendar 2022. FedEx will experience an epochal change in leadership on June 1, 2022, when founder and CEO Frederick W. Smith will step down after more than 50 years at the helm. Raj Subramaniam will succeed Smith, who remained the largest shareholder in FedEx as of March 2022, with a stake of about 7.3%.
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Company Information
As of 2/1/2023
Country
U.S.
Headquarters
Memphis
Industry
Delivery
CEO
Rajesh Subramaniam
Website
Company Type
Public
Ticker
FDX
Revenues ($M)
$94,091
Profits ($M)
$3,333
Market Value ($M)
$47,168
Employees
464,400
Figures are for the latest twelve months ended Nov. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
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)
$24,168
-
Profit Ratios
Profit as % of Revenues
6.2%
Profits as % of Assets
6.3%
Profits as % of Stockholder Equity
21.6%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
1,945
EPS % Change (from 2020)
296.9%
EPS % Change (5 year annual rate)
24.5%
EPS % Change (10 year annual rate)
15.6%
Total Return
Total Return to Investors (2021)
0.7%
Total Return to Investors (5 year, annualized)
8.2%
Total Return to Investors (10 year, annualized)
13%
FedEx Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $69,217-0.7% | $1,286138.1% | $73,537 | $18,295 |
| 2020 | $69,6936.5% | $540-88.2% | $54,403 | $17,757 |
| 2019 | $65,4508.5% | $4,57252.6% | $52,330 | $19,416 |
| 2018 | $60,31919.8% | $2,99764.7% | $48,552 | $16,073 |
| 2017 | $50,3656.1% | $1,82073.3% | $46,064 | $13,784 |
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Latest news for FedEx
- Finance
2022 holiday shipping deadlines near for FedEx, UPS, USPS and moreDecember 6, 2022, 6:25 PM UTC
- Holiday package delivery gets some help from A.I.;3:14Digital Features;
- FedEx's New CEO: "We have significant upside and great potential";12:55Series, On Leading;
- Brainstorm Tech 2022: A New Era In Global Delivery;17:19Conferences, Brainstorm Tech;
- MPW Summit 2020: The Board's Role In Leading Through Crisis;;45:18
