TTM
$6.01B
YoY change
-4.3%
5Y CAGR
+16.4%
Peak year (2022)
$6.52B
Cumulative operating income
$96.93B
Operating Income history chart for FedEx (FDX) from 1986 to 2025
Latest: $6.08B
Operating Income growth chart for FedEx (FDX) from 1986 to 2025
Latest: -4.3%
Operating Income history table for FedEx (FDX) from 1986 to 2025
| 2025 | $6.08B | -4.3% | −$273.00M | ||
| 2024 | $6.36B | +19.1% | +$1.02B | ||
| 2023 | $5.34B | -18.2% | −$1.19B | ||
| 2022 | $6.52B | +8.4% | +$505.00M | ||
| 2021 | $6.02B | +111.0% | +$3.17B | ||
| 2020 | $2.85B | -40.4% | −$1.93B | ||
| 2019 | $4.79B | -6.7% | −$343.00M | ||
| 2018 | $5.13B | -5.5% | −$296.00M | ||
| 2017 | $5.42B | +54.3% | +$1.91B | ||
| 2016 | $3.52B | +50.2% | +$1.18B | ||
| 2015 | $2.34B | -32.1% | −$1.11B | ||
| 2014 | $3.45B | +7.3% | +$235.00M | ||
| 2013 | $3.21B | -3.3% | −$109.00M | ||
| 2012 | $3.32B | +34.6% | +$853.00M | ||
| 2011 | $2.47B | +22.4% | +$451.00M | ||
| 2010 | $2.02B | +3.3% | +$65.00M | ||
| 2009 | $1.95B | -34.0% | −$1.01B | ||
| 2008 | $2.96B | -9.7% | −$319.00M | ||
| 2007 | $3.28B | +8.7% | +$262.00M | ||
| 2006 | $3.01B | +22.0% | +$543.00M | ||
| 2005 | $2.47B | +71.6% | +$1.03B | ||
| 2004 | $1.44B | -2.1% | −$31.00M | ||
| 2003 | $1.47B | +11.4% | +$150.00M | ||
| 2002 | $1.32B | +23.4% | +$250.11M | ||
| 2001 | $1.07B | -12.3% | −$150.18M | ||
| 2000 | $1.22B | +5.0% | +$57.99M | ||
| 1999 | $1.16B | +15.1% | +$152.43M | ||
| 1998 | $1.01B | -142.6% | +$3.38B | ||
| 1997 | −$2.37B | +17.2% | −$347.90M | ||
| 1996 | −$2.02B | +22.9% | −$376.50M | ||
| 1995 | −$1.65B | -1319.7% | −$1.78B | ||
| 1994 | $134.90M | -91.2% | −$1.39B | ||
| 1993 | $1.52B | -9.8% | −$166.20M | ||
| 1992 | $1.69B | +2.6% | +$43.10M | ||
| 1991 | $1.65B | +19.5% | +$268.80M | ||
| 1990 | $1.38B | +216.8% | +$943.60M | ||
| 1989 | $435.30M | +14.9% | +$56.40M | ||
| 1988 | $378.90M | +2.1% | +$7.90M | ||
| 1987 | $371.00M | +90.7% | +$176.50M | ||
| 1986 | $194.50M | — | — |
- 2025$6.08B-4.3%
- 2024$6.36B+19.1%
- 2023$5.34B-18.2%
- 2022$6.52B+8.4%
- 2021$6.02B+111.0%
- 2020$2.85B-40.4%
- 2019$4.79B-6.7%
- 2018$5.13B-5.5%
- 2017$5.42B+54.3%
- 2016$3.52B+50.2%
- 2015$2.34B-32.1%
- 2014$3.45B+7.3%
- 2013$3.21B-3.3%
- 2012$3.32B+34.6%
- 2011$2.47B+22.4%
- 2010$2.02B+3.3%
- 2009$1.95B-34.0%
- 2008$2.96B-9.7%
- 2007$3.28B+8.7%
- 2006$3.01B+22.0%
- 2005$2.47B+71.6%
- 2004$1.44B-2.1%
- 2003$1.47B+11.4%
- 2002$1.32B+23.4%
- 2001$1.07B-12.3%
- 2000$1.22B+5.0%
- 1999$1.16B+15.1%
- 1998$1.01B-142.6%
- 1997−$2.37B+17.2%
- 1996−$2.02B+22.9%
- 1995−$1.65B-1319.7%
- 1994$134.90M-91.2%
- 1993$1.52B-9.8%
- 1992$1.69B+2.6%
- 1991$1.65B+19.5%
- 1990$1.38B+216.8%
- 1989$435.30M+14.9%
- 1988$378.90M+2.1%
- 1987$371.00M+90.7%
- 1986$194.50M—
Operating Income values are taken from FedEx's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at FedEx (FDX)
According to FedEx's latest reported financial statements, the company's current operating income (TTM) is $6.01B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for FedEx (FDX) came in at $6.08B – edged down 4.3% year-over-year.
Across 2020–2025 (5 years), FedEx operating income produced a CAGR of +16.4% – with mixed annual results across the window.
FedEx operating income declined from $6.52B in 2022 to $6.08B in 2025, a 6.8% drawdown.
Across the available history, operating income reached its high of $6.52B in 2022 and its low of −$2.37B in 1997.
FedEx Operating Income by Year
FedEx Operating Income 2025: $6.08B
FedEx posted operating income of $6.08B in 2025, edged down 4.3% below 2024.
FedEx Operating Income 2024: $6.36B
In 2024, FedEx reported operating income of $6.36B, grew 19.1% from 2023.
FedEx Operating Income 2023: $5.34B
FedEx operating income in 2023 was $5.34B, declined 18.2% below 2022.
FedEx Operating Income 2022: $6.52B
2022's operating income for FedEx came in at $6.52B, grew 8.4% from 2021. This figure represents the highest annual value in the available history.
FedEx Operating Income 2021: $6.02B
FedEx operating income in 2021 was $6.02B.
See more financial history for FedEx (FDX).
Sector peers by Operating Income
Industrials peers of FedEx (FDX), ranked by their latest operating income
| $11.21B | |
| $9.84B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.84B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
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