Operating Profit Margin
since 2005
Calculation
FedEx Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| May 31, 2024 | 6.34% | = | 100 | × | 5,559) | ÷ | 87,693) |
| May 31, 2023 | 5.45% | = | 100 | × | 4,912) | ÷ | 90,155) |
| May 31, 2022 | 6.68% | = | 100 | × | 6,245) | ÷ | 93,512) |
| May 31, 2021 | 6.98% | = | 100 | × | 5,857) | ÷ | 83,959) |
| May 31, 2020 | 3.49% | = | 100 | × | 2,417) | ÷ | 69,217) |
| May 31, 2019 | 6.41% | = | 100 | × | 4,466) | ÷ | 69,693) |
| May 31, 2018 | 7.44% | = | 100 | × | 4,870) | ÷ | 65,450) |
| May 31, 2017 | 8.35% | = | 100 | × | 5,037) | ÷ | 60,319) |
| May 31, 2016 | 6.11% | = | 100 | × | 3,077) | ÷ | 50,365) |
| May 31, 2015 | 3.93% | = | 100 | × | 1,867) | ÷ | 47,453) |
| May 31, 2014 | 7.56% | = | 100 | × | 3,446) | ÷ | 45,567) |
| May 31, 2013 | 5.76% | = | 100 | × | 2,551) | ÷ | 44,287) |
| May 31, 2012 | 7.46% | = | 100 | × | 3,186) | ÷ | 42,680) |
| May 31, 2011 | 6.05% | = | 100 | × | 2,378) | ÷ | 39,304) |
| May 31, 2010 | 5.75% | = | 100 | × | 1,998) | ÷ | 34,734) |
| May 31, 2009 | 2.10% | = | 100 | × | 747) | ÷ | 35,497) |
| May 31, 2008 | 5.47% | = | 100 | × | 2,075) | ÷ | 37,953) |
| May 31, 2007 | 9.30% | = | 100 | × | 3,276) | ÷ | 35,214) |
| May 31, 2006 | 9.33% | = | 100 | × | 3,014) | ÷ | 32,294) |
| May 31, 2005 | 8.42% | = | 100 | × | 2,471) | ÷ | 29,363) |
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), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
1 US$ in millions
Comparison to Competitors
FedEx Corp., operating profit margin, long-term trends, comparison to competitors
| FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|
| May 31, 2024 | 6.34% | — | — | — |
| May 31, 2023 | 5.45% | 2.98% | 37.65% | 10.05% |
| May 31, 2022 | 6.68% | -5.75% | 39.87% | 13.05% |
| May 31, 2021 | 6.98% | -21.97% | 42.83% | 13.17% |
| May 31, 2020 | 3.49% | -43.66% | 40.11% | 9.08% |
| May 31, 2019 | 6.41% | -60.76% | 39.40% | 10.52% |
| May 31, 2018 | 7.44% | — | 37.30% | 9.77% |
| May 31, 2017 | 8.35% | — | 37.95% | 11.43% |
| May 31, 2016 | 6.11% | — | 36.47% | 8.98% |
| May 31, 2015 | 3.93% | — | 36.91% | 13.14% |
| May 31, 2014 | 7.56% | — | 36.49% | 8.53% |
| May 31, 2013 | 5.76% | — | 33.90% | 12.69% |
| May 31, 2012 | 7.46% | — | 32.23% | 2.48% |
| May 31, 2011 | 6.05% | — | 29.27% | 11.45% |
| May 31, 2010 | 5.75% | — | 29.36% | 11.86% |
| May 31, 2009 | 2.10% | — | 23.98% | 8.39% |
| May 31, 2008 | 5.47% | — | 22.68% | 10.45% |
| May 31, 2007 | 9.30% | — | 20.73% | 1.16% |
| May 31, 2006 | 9.33% | — | 18.51% | 13.95% |
| May 31, 2005 | 8.42% | — | 13.22% | 14.43% |
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), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).