Stock Analysis on Net
Stock Analysis on Net

FedEx Corp. (NYSE:FDX)

$24.99

Return on Equity (ROE)
since 2005

Microsoft Excel

Paying user area

Try for free

FedEx Corp. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

FedEx Corp., ROE, long-term trends, calculation

Microsoft Excel
ROE = 100 × Net income1 ÷ Common stockholders’ investment1
May 31, 2024 = 100 × ÷
May 31, 2023 = 100 × ÷
May 31, 2022 = 100 × ÷
May 31, 2021 = 100 × ÷
May 31, 2020 = 100 × ÷
May 31, 2019 = 100 × ÷
May 31, 2018 = 100 × ÷
May 31, 2017 = 100 × ÷
May 31, 2016 = 100 × ÷
May 31, 2015 = 100 × ÷
May 31, 2014 = 100 × ÷
May 31, 2013 = 100 × ÷
May 31, 2012 = 100 × ÷
May 31, 2011 = 100 × ÷
May 31, 2010 = 100 × ÷
May 31, 2009 = 100 × ÷
May 31, 2008 = 100 × ÷
May 31, 2007 = 100 × ÷
May 31, 2006 = 100 × ÷
May 31, 2005 = 100 × ÷

Based on: 10-K (reporting date: 2024-05-31), 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), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).

1 US$ in millions

The financial data reveals significant fluctuations and key trends over the analyzed period. Net income experienced considerable volatility, with initial growth peaking at $2,032 million in 2012, followed by notable declines and recoveries. A sharp drop to $98 million occurred in 2009, potentially indicating external challenges during that fiscal year, before rebounding strongly to over $5 billion in 2021. Subsequently, net income stabilized around the $4 billion range from 2022 to 2024.

Common stockholders’ investment showed a generally upward trajectory throughout the period, illustrating steady growth in shareholder equity. Beginning at approximately $9.6 billion in 2005, the investment increased almost threefold by 2024, reaching about $27.6 billion. Some fluctuations occurred, such as minor declines around 2009 and 2015, but the overall trend suggests continued capital accumulation and reinvestment in the company.

Return on equity (ROE) reflects the company's efficiency in generating profits from shareholder investments. The ROE percentages display volatility similar to net income, starting around 15% and dropping sharply to below 1% in 2009. Recovery was gradual, with peaks exceeding 20% observed in 2017 and 2021, indicating periods of strong profitability. The ROE remained in the mid-teens for most recent years, signaling a moderately stable and effective use of equity during those periods.

Net Income Trends
Marked by significant volatility including a drastic fall in 2009 and a strong rebound culminating in peak values by 2021, followed by stabilization.
Common Stockholders’ Investment Trends
Demonstrated consistent growth with minor periodic declines, indicating expanding shareholder equity and possible capital infusions.
Return on Equity (ROE) Trends
Highly variable with major dips coinciding with the net income troughs, recovering to strong levels above 20% in several years, ultimately stabilizing at mid-teen percentages.

Overall, the data indicates resilience and recovery capability despite periods of downturn. The fluctuations in net income and ROE correspond with financial or economic challenges experienced by the company, while common stockholders’ investment growth reflects sustained capital support and investment confidence. The pattern suggests that the company navigates cyclical pressures while maintaining an upward trajectory in equity base and profitability in the long term.

Comparison to Competitors

FedEx Corp., ROE, long-term trends, comparison to competitors

Microsoft Excel
FedEx Corp. Uber Technologies Inc. Union Pacific Corp. United Airlines Holdings Inc. United Parcel Service Inc.
May 31, 2024
May 31, 2023
May 31, 2022
May 31, 2021
May 31, 2020
May 31, 2019
May 31, 2018
May 31, 2017
May 31, 2016
May 31, 2015
May 31, 2014
May 31, 2013
May 31, 2012
May 31, 2011
May 31, 2010
May 31, 2009
May 31, 2008
May 31, 2007
May 31, 2006
May 31, 2005

Based on: 10-K (reporting date: 2024-05-31), 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), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).

Comparison to Sector (Transportation)

FedEx Corp., ROE, long-term trends, comparison to sector (transportation)

Microsoft Excel
FedEx Corp. Transportation
May 31, 2024
May 31, 2023
May 31, 2022
May 31, 2021
May 31, 2020
May 31, 2019
May 31, 2018
May 31, 2017
May 31, 2016
May 31, 2015
May 31, 2014
May 31, 2013
May 31, 2012
May 31, 2011
May 31, 2010
May 31, 2009
May 31, 2008
May 31, 2007
May 31, 2006
May 31, 2005

Based on: 10-K (reporting date: 2024-05-31), 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), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).

Comparison to Industry (Industrials)

FedEx Corp., ROE, long-term trends, comparison to industry (industrials)

Microsoft Excel
FedEx Corp. Industrials
May 31, 2024
May 31, 2023
May 31, 2022
May 31, 2021
May 31, 2020
May 31, 2019
May 31, 2018
May 31, 2017
May 31, 2016
May 31, 2015
May 31, 2014
May 31, 2013
May 31, 2012
May 31, 2011
May 31, 2010
May 31, 2009
May 31, 2008
May 31, 2007
May 31, 2006
May 31, 2005

Based on: 10-K (reporting date: 2024-05-31), 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), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).