Invesaro

Stocks Comparison

Fedex vs FedEx Freight: revenue, profit, margins and growth compared

Fedex brought in $94.7B of revenue in fiscal 2026, FedEx Freight $8.8B in fiscal 2026. Revenue changed by +7.7% at Fedex and -1.1% at FedEx Freight on the year before, so Fedex grew faster. Fedex kept 4.7% of its revenue as net profit, FedEx Freight 7.4%. Free cash flow was $5.1B at Fedex and -$212M at FedEx Freight.

Side by side, latest fiscal year

FDXFDXF
Fiscal year endedFY2026 (May 31, 2026)FY2026 (May 31, 2026)
Revenue$94.7B$8.8B
Revenue growth+7.7%-1.1%
Net income$4.4B$655M
Net margin4.7%7.4%
Free cash flow$5.1B-$212M
Free cash flow margin5.4%-2.4%
Earnings per share (diluted)$18.55$4.38
Cash$13.3B$251M
Debt$23.5B$4.3B
Price to earnings15.425.8
Market value$67.6B$16.9B
Dividend yield2.03%n/a
Rank by revenue in sector#6 of 778 · Consumer discretionary#127 of 778 · Consumer discretionary

Over the years

Revenue
FDX FY2019: $69.7BFDX FY2020: $69.2BFDX FY2021: $84BFDX FY2022: $93.5BFDX FY2023: $90.2BFDX FY2024: $87.7BFDX FY2025: $87.9BFDX FY2026: $94.7BFDXF FY2024: $9.4BFDXF FY2026: $8.9BFDXF FY2026: $8.8BFY19FY20FY21FY22FY23FY24FY25FY26
FDX $94.7BFDXF $8.8B
Net income
FDX FY2019: $540MFDX FY2020: $1.3BFDX FY2021: $5.2BFDX FY2022: $3.8BFDX FY2023: $4BFDX FY2024: $4.3BFDX FY2025: $4.1BFDX FY2026: $4.4BFDXF FY2024: $1.6BFDXF FY2026: $1.3BFDXF FY2026: $655MFY19FY20FY21FY22FY23FY24FY25FY26
FDX $4.4BFDXF $655M
Net margin
FDX FY2019: 0.8%FDX FY2020: 1.9%FDX FY2021: 6.2%FDX FY2022: 4.1%FDX FY2023: 4.4%FDX FY2024: 4.9%FDX FY2025: 4.7%FDX FY2026: 4.7%FDXF FY2024: 16.7%FDXF FY2026: 15.1%FDXF FY2026: 7.4%FY19FY20FY21FY22FY23FY24FY25FY26
FDX 4.7%FDXF 7.4%
Revenue growth
FDX FY2020: -0.7%FDX FY2021: +21.3%FDX FY2022: +11.4%FDX FY2023: -3.6%FDX FY2024: -2.7%FDX FY2025: +0.3%FDX FY2026: +7.7%FDXF FY2026: -5.6%FDXF FY2026: -1.1%FY20FY21FY22FY23FY24FY25FY26
FDX +7.7%FDXF -1.1%
Free cash flow
FDX FY2019: $123MFDX FY2020: -$771MFDX FY2021: $4.3BFDX FY2022: $3.1BFDX FY2023: $2.7BFDX FY2024: $3.1BFDX FY2025: $3BFDX FY2026: $5.1BFDXF FY2024: $1.1BFDXF FY2026: $1.1BFDXF FY2026: -$212MFY19FY20FY21FY22FY23FY24FY25FY26
FDX $5.1BFDXF -$212M

Fiscal years as each company reports them; the two may end in different months.

Questions about Fedex and FedEx Freight

Which is bigger by revenue, Fedex or FedEx Freight?

Fedex is bigger by revenue: $94.7B in fiscal 2026, against $8.8B for FedEx Freight in fiscal 2026.

Which keeps more of its revenue as profit, Fedex or FedEx Freight?

Fedex had a net margin of 4.7% in fiscal 2026; FedEx Freight had 7.4% in fiscal 2026.

Which grew revenue faster, Fedex or FedEx Freight?

In their latest fiscal years revenue changed by +7.7% at Fedex and -1.1% at FedEx Freight.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies