Net Income for FedEx (FDX)
According to FedEx's latest reported financial statements, the company's current net income (TTM) is $4.48B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FDX
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$4.48B
YoY change
-5.5%
5Y CAGR
+26.0%
Peak year (2021)
$5.23B
Cumulative net income
$54.98B
Net Income history chart for FedEx (FDX) from 1986 to 2025
Net Income history table for FedEx (FDX) from 1986 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $4.09B | -5.5% | ||
| 2024 | $4.33B | +9.0% | ||
| 2023 | $3.97B | +3.8% | ||
| 2022 | $3.83B | -26.9% | ||
| 2021 | $5.23B | +306.8% | ||
| 2020 | $1.29B | +138.1% | ||
| 2019 | $540.00M | -88.2% | ||
| 2018 | $4.57B | +52.6% | ||
| 2017 | $3.00B | +64.7% | ||
| 2016 | $1.82B | +73.3% | ||
| 2015 | $1.05B | -49.9% | ||
| 2014 | $2.10B | +34.3% | ||
| 2013 | $1.56B | -23.2% | ||
| 2012 | $2.03B | +39.9% | ||
| 2011 | $1.45B | +22.6% | ||
| 2010 | $1.18B | +1108.2% | ||
| 2009 | $98.00M | -91.3% | ||
| 2008 | $1.13B | -44.2% | ||
| 2007 | $2.02B | +11.6% | ||
| 2006 | $1.81B | +24.6% | ||
| 2005 | $1.45B | +72.9% | ||
| 2004 | $838.00M | +1.0% | ||
| 2003 | $830.00M | +16.9% | ||
| 2002 | $710.00M | +21.5% | ||
| 2001 | $584.37M | -15.1% | ||
| 2000 | $688.34M | +9.0% | ||
| 1999 | $631.33M | +25.5% | ||
| 1998 | $503.03M | +39.3% | ||
| 1997 | $361.20M | +17.3% | ||
| 1996 | $307.80M | +3.4% | ||
| 1995 | $297.60M | +45.6% | ||
| 1994 | $204.40M | +279.2% | ||
| 1993 | $53.90M | -147.4% | ||
| 1992 | -$113.80M | -2028.8% | ||
| 1991 | $5.90M | -94.9% | ||
| 1990 | $115.80M | -30.5% | ||
| 1989 | $166.50M | -11.3% | ||
| 1988 | $187.70M | -386.6% | ||
| 1987 | -$65.50M | -149.7% | ||
| 1986 | $131.80M | — |
Net Income values are taken from FedEx's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of FedEx (FDX) net income is $4.09B – declined 5.5% year-over-year.
FedEx net income compound annual growth for the 2020–2025 (5 years) window is +26.0%, with the latest reading among the more recent periods of the dataset.
FedEx net income peaked at $5.23B in 2021; the latest annual figure is $4.09B in 2025 (21.8% below peak).
$5.23B stands as the all-time-high annual net income, posted in 2021, against a low of -$113.80M during 1992.
Within Industrials, FedEx (FDX) ranks 7th among 8 peers we track. The peer median for net income is $5.88B.
FedEx Net Income by Year
FedEx Net Income 2025: $4.09B
FedEx net income in 2025 was $4.09B, declined 5.5% below 2024.
FedEx Net Income 2024: $4.33B
FedEx net income in 2024 was $4.33B, grew 9.0% from 2023.
FedEx Net Income 2023: $3.97B
FedEx net income in 2023 was $3.97B, edged up 3.8% from 2022.
FedEx Net Income 2022: $3.83B
FedEx net income in 2022 was $3.83B, declined 26.9% below 2021.
FedEx Net Income 2021: $5.23B
FedEx net income in 2021 was $5.23B.
See more financial history for FedEx (FDX).
Sector peers — Net Income
Companies in the same sector as FedEx, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is FedEx's net income?
- Latest reported net income for FedEx (FDX) is $4.48B (period ending February 28, 2026).
How has FedEx net income changed year-over-year?
- FedEx (FDX) net income changed -5.5% year-over-year on the latest annual filing.
What is the long-term growth rate of FedEx net income?
- FedEx (FDX) net income compound annual growth rate is +26.0% over the most recent 5 years available.
When did FedEx net income hit its highest annual value?
- FedEx net income reached its highest annual value of $5.23B in 2021.
What was FedEx net income in 2024?
- FedEx (FDX) net income in 2024 was $4.33B.
What was FedEx net income in 2025?
- FedEx (FDX) net income in 2025 was $4.09B.
Metrics overview
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