FedEx Corp. (NYSE:FDX)

The operating income of the company exhibits notable fluctuations over the observed period. Initially, there is a rising trend from 2005 to 2007, peaking at 3,276 million US dollars. This is followed by a sharp decline in 2008 and 2009, with operating income reaching a low of 747 million US dollars in 2009. Recovery is evident thereafter, with operating income increasing steadily to a new peak of 5,857 million US dollars in 2021. Subsequently, a decline occurs in 2023 before a modest rebound in 2024.

Revenue demonstrates a general upward trajectory throughout the years, increasing from 29,363 million US dollars in 2005 to a high of 93,512 million US dollars in 2022. There are minor dips observed in 2009 and again between 2022 and 2024. Despite these setbacks, the overall growth in revenue is significant, more than tripling over the two decades.

The operating profit margin shows considerable variability. It peaks at 9.33% in 2006 and generally maintains a level above 5% for most years, with notable dips during periods of reduced operating income, especially in 2008 and 2009 where it falls to 5.47% and 2.1%, respectively. After 2009, the margin recovers and stabilizes in the range between approximately 6% and 8%, reaching a high of 8.35% in 2017. In the most recent years, the margin exhibits slight volatility but remains above 5%.

Operating Income Trend

Initial increase until 2007, sharp decline through 2009, steady recovery to a peak in 2021, slight drop then partial recovery by 2024.

Revenue Trend

Steady increase over the entire period with minor decreases during economic downturns, overall growth of more than 3 times from 2005 to 2024.

Operating Profit Margin Trend

Variable margin with peaks above 8%, significant dips in 2008-2009, recovery post-2009 maintaining a margin mostly between 6% and 8%, recent slight decline but margins remain healthy.