Common-Size Income Statement
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).
Income statement item | Description | The company |
---|---|---|
Operating income | The net result for the period of deducting operating expenses from operating revenues. | FedEx Corp. operating income as a percentage of revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level. |
Income before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | FedEx Corp. income before income taxes as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024. |
Net income | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | FedEx Corp. net income as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024. |