Total Asset Turnover
since 2005
Calculation
FedEx Corp., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| May 31, 2024 | 1.01 | = | 87,693) | ÷ | 87,007) |
| May 31, 2023 | 1.03 | = | 90,155) | ÷ | 87,143) |
| May 31, 2022 | 1.09 | = | 93,512) | ÷ | 85,994) |
| May 31, 2021 | 1.01 | = | 83,959) | ÷ | 82,777) |
| May 31, 2020 | 0.94 | = | 69,217) | ÷ | 73,537) |
| May 31, 2019 | 1.28 | = | 69,693) | ÷ | 54,403) |
| May 31, 2018 | 1.25 | = | 65,450) | ÷ | 52,330) |
| May 31, 2017 | 1.24 | = | 60,319) | ÷ | 48,552) |
| May 31, 2016 | 1.09 | = | 50,365) | ÷ | 46,064) |
| May 31, 2015 | 1.28 | = | 47,453) | ÷ | 37,069) |
| May 31, 2014 | 1.38 | = | 45,567) | ÷ | 33,070) |
| May 31, 2013 | 1.32 | = | 44,287) | ÷ | 33,567) |
| May 31, 2012 | 1.43 | = | 42,680) | ÷ | 29,903) |
| May 31, 2011 | 1.44 | = | 39,304) | ÷ | 27,385) |
| May 31, 2010 | 1.39 | = | 34,734) | ÷ | 24,902) |
| May 31, 2009 | 1.46 | = | 35,497) | ÷ | 24,244) |
| May 31, 2008 | 1.48 | = | 37,953) | ÷ | 25,633) |
| May 31, 2007 | 1.47 | = | 35,214) | ÷ | 24,000) |
| May 31, 2006 | 1.42 | = | 32,294) | ÷ | 22,690) |
| May 31, 2005 | 1.44 | = | 29,363) | ÷ | 20,404) |
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., total asset turnover, long-term trends, comparison to competitors
| FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|
| May 31, 2024 | 1.01 | — | — | — |
| May 31, 2023 | 1.03 | 0.96 | 0.36 | 1.28 |
| May 31, 2022 | 1.09 | 0.99 | 0.38 | 1.41 |
| May 31, 2021 | 1.01 | 0.45 | 0.34 | 1.40 |
| May 31, 2020 | 0.94 | 0.33 | 0.31 | 1.36 |
| May 31, 2019 | 1.28 | 0.45 | 0.35 | 1.28 |
| May 31, 2018 | 1.25 | — | 0.39 | 1.44 |
| May 31, 2017 | 1.24 | — | 0.37 | 1.45 |
| May 31, 2016 | 1.09 | — | 0.36 | 1.51 |
| May 31, 2015 | 1.28 | — | 0.40 | 1.52 |
| May 31, 2014 | 1.38 | — | 0.46 | 1.64 |
| May 31, 2013 | 1.32 | — | 0.44 | 1.53 |
| May 31, 2012 | 1.43 | — | 0.44 | 1.39 |
| May 31, 2011 | 1.44 | — | 0.43 | 1.53 |
| May 31, 2010 | 1.39 | — | 0.39 | 1.47 |
| May 31, 2009 | 1.46 | — | 0.33 | 1.42 |
| May 31, 2008 | 1.48 | — | 0.45 | 1.62 |
| May 31, 2007 | 1.47 | — | 0.43 | 1.27 |
| May 31, 2006 | 1.42 | — | 0.43 | 1.43 |
| May 31, 2005 | 1.44 | — | 0.38 | 1.21 |
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).
Comparison to Sector (Transportation)
FedEx Corp., total asset turnover, long-term trends, comparison to sector (transportation)
| FedEx Corp. | Transportation | |
|---|---|---|
| May 31, 2024 | 1.01 | — |
| May 31, 2023 | 1.03 | 0.92 |
| May 31, 2022 | 1.09 | 0.98 |
| May 31, 2021 | 1.01 | 0.87 |
| May 31, 2020 | 0.94 | 0.80 |
| May 31, 2019 | 1.28 | 0.87 |
| May 31, 2018 | 1.25 | 0.99 |
| May 31, 2017 | 1.24 | 0.97 |
| May 31, 2016 | 1.09 | 0.92 |
| May 31, 2015 | 1.28 | 0.98 |
| May 31, 2014 | 1.38 | 1.05 |
| May 31, 2013 | 1.32 | 1.02 |
| May 31, 2012 | 1.43 | 1.02 |
| May 31, 2011 | 1.44 | 1.04 |
| May 31, 2010 | 1.39 | 1.00 |
| May 31, 2009 | 1.46 | 0.96 |
| May 31, 2008 | 1.48 | 1.10 |
| May 31, 2007 | 1.47 | 1.00 |
| May 31, 2006 | 1.42 | 1.03 |
| May 31, 2005 | 1.44 | 0.94 |
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).
Comparison to Industry (Industrials)
FedEx Corp., total asset turnover, long-term trends, comparison to industry (industrials)
| FedEx Corp. | Industrials | |
|---|---|---|
| May 31, 2024 | 1.01 | — |
| May 31, 2023 | 1.03 | 0.67 |
| May 31, 2022 | 1.09 | 0.66 |
| May 31, 2021 | 1.01 | 0.60 |
| May 31, 2020 | 0.94 | 0.52 |
| May 31, 2019 | 1.28 | 0.61 |
| May 31, 2018 | 1.25 | 0.66 |
| May 31, 2017 | 1.24 | 0.61 |
| May 31, 2016 | 1.09 | 0.60 |
| May 31, 2015 | 1.28 | 0.53 |
| May 31, 2014 | 1.38 | 0.48 |
| May 31, 2013 | 1.32 | 0.46 |
| May 31, 2012 | 1.43 | 0.44 |
| May 31, 2011 | 1.44 | 0.43 |
| May 31, 2010 | 1.39 | 0.40 |
| May 31, 2009 | 1.46 | 0.38 |
| May 31, 2008 | 1.48 | 0.42 |
| May 31, 2007 | 1.47 | 0.40 |
| May 31, 2006 | 1.42 | 0.42 |
| May 31, 2005 | 1.44 | 0.39 |
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).