Company / Net Income
FedEx Net Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$4.1B
FY2024
5-year range
$3.8B / $4.3B
FY2020-FY2024
Trend
-5.5%
vs FY2023
Sector context
#13 of 359
Industrials
What the data says
Among 359 Industrials companies, FedEx is in the top 4% for net income. Net Income has fluctuated over the past 9 years, ranging from $540M in FY2018 to $5.2B in FY2020.
Based on SEC 10-K filings.
$4.1B in FY2024 with a 5-year CAGR of +6.4%. Top quartile in the Industrials sector.
Improved from $4.0B to $4.1B over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +2.3%
- 5-Year CAGR
- +6.4%
- 10-Year CAGR
- -
Sector benchmark
Top 4% in IndustrialsTop 4% of 359This company $4.1B Sector average $542.3M
▼
+654.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +6.4%, indicating consistent growth.
- In FY2024, net income decreased 5.5% year-over-year.
- Ranks #13 out of 359 companies in the Industrials sector.
- Peak net income was recorded in FY2020.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $4.1B | -5.5% |
| FY2023 | $4.3B | +9.0% |
| FY2022 | $4.0B | +3.8% |
| FY2021 | $3.8B | -26.9% |
| FY2020 | $5.2B | +74.5% |
| FY2019 | $3.0B | +455.0% |
| FY2018 | $540.0M | -88.2% |
| FY2017 | $4.6B | +52.6% |
| FY2016 | $3.0B | +64.7% |
As of FY2024 · SEC 10-K · Updated Jul 2, 2026