FedEx Corp. (FDX)

• Annual Data
• Quarterly Data

• Annual Data
• Quarterly Data

FedEx Corp., decomposition of ROE

	ROE	=	ROA	×	Leverage
May 31, 2019		=		×
May 31, 2018		=		×
May 31, 2017		=		×
May 31, 2016		=		×
May 31, 2015		=		×
May 31, 2014		=		×

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).

The primary reason for the decrease in Return on Equity (ROE) over 2019 year is the decrease in profitability measured by Return on Assets (ROA).

• Annual Data
• Quarterly Data

FedEx Corp., decomposition of ROE

	ROE	=	Net Profit Margin	×	Asset Turnover	×	Leverage
May 31, 2019		=		×		×
May 31, 2018		=		×		×
May 31, 2017		=		×		×
May 31, 2016		=		×		×
May 31, 2015		=		×		×
May 31, 2014		=		×		×

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).

The primary reason for the decrease in Return on Equity (ROE) over 2019 year is the decrease in profitability measured by Net Profit Margin.

FedEx Corp., decomposition of ROE

	ROE	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover	×	Leverage
May 31, 2019		=		×		×		×		×
May 31, 2018		=		×		×		×		×
May 31, 2017		=		×		×		×		×
May 31, 2016		=		×		×		×		×
May 31, 2015		=		×		×		×		×
May 31, 2014		=		×		×		×		×

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).

The primary reason for the decrease in Return on Equity (ROE) over 2019 year is the decrease in operating profitability measured by EBIT Margin.

• Annual Data
• Quarterly Data

FedEx Corp., decomposition of ROA

	ROA	=	Net Profit Margin	×	Asset Turnover
May 31, 2019		=		×
May 31, 2018		=		×
May 31, 2017		=		×
May 31, 2016		=		×
May 31, 2015		=		×
May 31, 2014		=		×

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).

The primary reason for the decrease in Return on Assets (ROA) over 2019 year is the decrease in profitability measured by Net Profit Margin.

FedEx Corp., decomposition of ROA

	ROA	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover
May 31, 2019		=		×		×		×
May 31, 2018		=		×		×		×
May 31, 2017		=		×		×		×
May 31, 2016		=		×		×		×
May 31, 2015		=		×		×		×
May 31, 2014		=		×		×		×

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).

The primary reason for the decrease in Return on Assets (ROA) over 2019 year is the decrease in operating profitability measured by EBIT Margin.

FedEx Corp., decomposition of Net Profit Margin

	Net Profit Margin	=	Tax Burden	×	Interest Burden	×	EBIT Margin
May 31, 2019		=		×		×
May 31, 2018		=		×		×
May 31, 2017		=		×		×
May 31, 2016		=		×		×
May 31, 2015		=		×		×
May 31, 2014		=		×		×

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).

The primary reason for the decrease in Net Profit Margin over 2019 year is the decrease in operating profitability measured by EBIT Margin.