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  • Previous Rank155
  • Country
    U.S.
  • Revenues ($M)$65,450.00
  • Revenue Percent Change8.5%
  • Profits ($M)$4,572.00
  • Profits Percent Change52.6%
  • Assets ($M)$52,330.00
  • Employees359,530

The world’s second-biggest package-shipper continues to keep pace with its larger rival, United Parcel Service. Both businesses saw their revenues grow by around 9% for their 2018 fiscal years. In FedEx’s case, annual sales swelled to $65.5 billion for the fiscal year ending May 31, 2018—a little more than $6 billion short of its arch-competitor. FedEx’s bottom line benefited from a number of factors, most notably a major corporate tax cut in the U.S. The boon helped boost profits by 52.6%, to $4.6 billion. An obstacle worth keeping an eye on: The company’s 2016 acquisition of Dutch delivery firm TNT Express, intended to expand its international footprint, has proven challenging. FedEx has struggled to assimilate TNT; to make matters worse, the acquired firm was hobbled by the NotPetya cyberattack in 2017, which cost an estimated $400 million in lost business and cleanup.

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Company Information

CEO
Frederick W. Smith
Sector
Transportation
Industry
Mail, Package, and Freight Delivery
HQ Location
Memphis
Websitehttps://www.fedex.com
Years on Global 500 List25
Employees359,530
Figures are for fiscal year ended May 31, 2018.

FedEx Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$65,450.008.5%
Profits ($M)$4,572.0052.6%
Assets ($M)$52,330.00-
Total Stockholder Equity ($M)$19,416.00-

Profit Ratios

Profit as % of Revenues7%
Profits as % of Assets8.7%
Profits as % of Stockholder Equity23.5%