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  • Previous Rank
    155
  • Revenues ($M)
    $65,450.00
  • Revenue Percent Change
    8.5%
  • Profits ($M)
    $4,572.00
  • Profits Percent Change
    52.6%
  • Assets ($M)
    $52,330.00
  • Employees
    359,530

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.

Company Information

Figures are for fiscal year ended May 31, 2018.
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
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FedEx Rank History

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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%