Stock Analysis on Net

FedEx Corp. (NYSE:FDX)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

FedEx Corp., income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: May 31, 2023 May 31, 2022 May 31, 2021 May 31, 2020 May 31, 2019 May 31, 2018
FedEx Express Segment 42,743 45,814 42,078 35,513 37,331 36,172
FedEx Ground Segment 33,507 33,232 30,496 22,733 20,522 18,395
FedEx Freight Segment 9,632 9,532 7,833 7,102 7,582 6,812
FedEx Services Segment 301 253 32 22 1,691 1,650
Corporate, other and eliminations 3,972 4,681 3,520 3,847 2,567 2,421
Consolidated revenue 90,155 93,512 83,959 69,217 69,693 65,450

Based on: 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).

Item Description The company
Consolidated revenue Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). FedEx Corp. consolidated revenue increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.