Common-Size Income Statement
FedEx Corp., common-size consolidated income statement
Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).
|Income statement item||Description||The company|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||FedEx Corp.’s operating income as a percentage of revenues decreased from 2017 to 2018 and from 2018 to 2019.|
|Income before income taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||FedEx Corp.’s income before income taxes as a percentage of revenues decreased from 2017 to 2018 and from 2018 to 2019.|
|Net income||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||FedEx Corp.’s net income as a percentage of revenues increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.|