Company / Income Tax
FedEx Income Tax History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$1.3B
FY2024
5-year range
$1.1B / $1.5B
FY2020-FY2024
Trend
-10.4%
vs FY2023
Sector context
#6 of 357
Industrials
What the data says
Among 357 Industrials companies, FedEx is in the bottom 2% for income tax. Income Tax has fluctuated over the past 9 years, ranging from -$219M in FY2017 to $1.6B in FY2019.
Based on SEC 10-K filings.
$1.3B in FY2024 with a 5-year CAGR of -3.1%. Top quartile in the Industrials sector.
Improved from $1.4B to $1.3B over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +8.0%
- 5-Year CAGR
- -3.1%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 357This company $1.3B Sector average $123.9M
▼
+988.6% above sector average
Key checks
Key Insights
- 5-year CAGR of -3.1%, indicating a declining trend.
- In FY2024, income tax decreased 10.4% year-over-year.
- Ranks #6 out of 357 companies in the Industrials sector.
- Peak income tax was recorded in FY2019.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.3B | -10.4% |
| FY2023 | $1.5B | +8.2% |
| FY2022 | $1.4B | +30.0% |
| FY2021 | $1.1B | -25.8% |
| FY2020 | $1.4B | -8.8% |
| FY2019 | $1.6B | +1275.7% |
| FY2018 | $115.0M | +152.5% |
| FY2017 | -$219.0M | -113.8% |
| FY2016 | $1.6B | +72.0% |
As of FY2024 · SEC 10-K · Updated Jul 2, 2026