| Income Statement | 2025-08-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|
| Revenue | 22,244 | 22,160 | 21,967 | 21,579 |
| Salaries and employee benefits | 8,062 | 7,879 | 7,879 | 7,785 |
| Purchased transportation | 5,488 | 5,634 | 5,500 | 5,275 |
| Rentals and landing fees | 1,192 | 1,178 | 1,168 | 1,161 |
| Depreciation and amortization | 1,092 | 1,066 | 1,063 | 1,078 |
| Fuel | 873 | 889 | 947 | 1,075 |
| Maintenance and repairs | 843 | 783 | 831 | 829 |
| Separation and other costs | 45 | - | - | - |
| Business optimization costs | 67 | 179 | 326 | 128 |
| Other | 3,396 | 3,260 | 3,201 | 3,168 |
| Total operating expenses | 21,058 | 20,868 | 20,915 | 20,499 |
| Operating income | 1,186 | 1,292 | 1,052 | 1,080 |
| Interest, net | -119 | -116 | -102 | -84 |
| Other retirement plans, net | -60 | -50 | -50 | -49 |
| Other, net | 7 | -45 | -19 | 11 |
| Total other (expense) income | -52 | -111 | -71 | -24 |
| Income before income taxes | 1,134 | 1,181 | 981 | 1,056 |
| Provision for income taxes | 310 | 272 | 240 | 262 |
| Net income | 824 | 909 | 741 | 794 |
| Basic (in dollars per share) | 3.48 | 3.79 | 3.06 | 3.24 |
| Diluted (in dollars per share) | 3.46 | 3.76 | 3.03 | 3.21 |
| Weighted-average common shares (in shares) | 236,000,000 | 240,000,000 | 242,000,000 | 244,000,000 |
| Weighted-average diluted shares (in shares) | 238,000,000 | 242,000,000 | 244,000,000 | 247,000,000 |
FEDEX CORP (FDX)
FEDEX CORP (FDX)