Company / Operating Income
FedEx Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$5.2B
FY2024
5-year range
$4.9B / $6.2B
FY2020-FY2024
Trend
-6.2%
vs FY2023
Sector context
#10 of 328
Industrials
What the data says
Among 328 Industrials companies, FedEx is in the top 3% for operating income. Operating Income has fluctuated over the past 9 years, ranging from $4.3B in FY2017 to $6.2B in FY2021.
Based on SEC 10-K filings.
$5.2B in FY2024 with a 5-year CAGR of +2.7%. Top quartile in the Industrials sector.
Improved from $4.9B to $5.2B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -5.8%
- 5-Year CAGR
- +2.7%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in IndustrialsTop 3% of 328This company $5.2B Sector average $717.8M
▼
+626.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +2.7%, indicating consistent growth.
- In FY2024, operating income decreased 6.2% year-over-year.
- Ranks #10 out of 328 companies in the Industrials sector.
- Peak operating income was recorded in FY2021.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $5.2B | -6.2% |
| FY2023 | $5.6B | +13.2% |
| FY2022 | $4.9B | -21.3% |
| FY2021 | $6.2B | +6.6% |
| FY2020 | $5.9B | +28.3% |
| FY2019 | $4.6B | +2.2% |
| FY2018 | $4.5B | +4.5% |
| FY2017 | $4.3B | -6.4% |
| FY2016 | $4.6B | +48.4% |
As of FY2024 · SEC 10-K · Updated Jul 2, 2026