F500 2019-FedEx
TOPSHOT - This photo taken on March 28, 2019 shows planes from various airlines in storage at a 'Boneyard' facility beside the Southern California Logistics Airport in Victorville, California. - Some of the planes will be returned to service while others will be dismantled and scrapped at the facility. California with its dry desert climate is a perfect place to store surplus aircraft. (Photo by Mark RALSTON / AFP) (Photo credit should read MARK RALSTON/AFP/Getty Images)Mark Ralston—AFP/Getty Images
  • Previous Rank
    50
  • Revenues ($M)
    65450.0
  • Revenue Percent Change
    8.5
  • Profits ($M)
    4572.0
  • Profits Percent Change
    52.6
  • Assets ($M)
    52330.0
  • Employees
    359000

The world’s second-biggest package-shipper continues to keep pace with its larger rival, United Parcel Service. Both businesses climbed three rungs on this year’s Fortune 500 ladder, their revenues each growing 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 Info

CEOFrederick W. Smith
CEO TitleChairman & Chief Executive Officer
SectorTransportation
IndustryMail, Package, and Freight Delivery
HQ LocationMemphis, Tenn.
Websitewww.fedex.com
Years on Fortune 500 List25
Employees359,000

Key Financials (Last Fiscal Year)

Revenues ($M)$65,450
Profits ($M)$4,572
Assets ($M)$52,330
Total Stockholder Equity ($M)$19,416

Profit Ratios

Profit as % of Revenues7.0%
Profits as % of Assets8.7%
Profits as % of Stockholder Equity23.5%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)17
EPS % Change (from 2017)51.7%
EPS % Change (5 year annual rate)27.9%
EPS % Change (10 year annual rate)16.6%

Total Return

Total Return to Investors (2018)-34.7%
Total Return to Investors (5 year, annualized)3.1%
Total Return to Investors (10 year, annualized)10.4%