Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
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).
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | FedEx Corp. operating profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | FedEx Corp. net profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | FedEx Corp. ROE deteriorated from 2021 to 2022 and from 2022 to 2023. |
ROA | A profitability ratio calculated as net income divided by total assets. | FedEx Corp. ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Operating Profit Margin
May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Operating income | 4,912) | 6,245) | 5,857) | 2,417) | 4,466) | 4,870) | |
Revenue | 90,155) | 93,512) | 83,959) | 69,217) | 69,693) | 65,450) | |
Profitability Ratio | |||||||
Operating profit margin1 | 5.45% | 6.68% | 6.98% | 3.49% | 6.41% | 7.44% | |
Benchmarks | |||||||
Operating Profit Margin, Competitors2 | |||||||
Uber Technologies Inc. | 2.98% | -5.75% | -21.97% | -43.66% | -60.76% | — | |
Union Pacific Corp. | 37.65% | 39.87% | 42.83% | 40.11% | 39.40% | — | |
United Parcel Service Inc. | 10.05% | 13.05% | 13.17% | 9.08% | 10.52% | — | |
Operating Profit Margin, Sector | |||||||
Transportation | 10.00% | 10.94% | 10.96% | 7.08% | 6.80% | — | |
Operating Profit Margin, Industry | |||||||
Industrials | 9.58% | 9.22% | 9.67% | 4.46% | 9.61% | — |
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).
1 2023 Calculation
Operating profit margin = 100 × Operating income ÷ Revenue
= 100 × 4,912 ÷ 90,155 = 5.45%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | FedEx Corp. operating profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Net Profit Margin
May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net income | 3,972) | 3,826) | 5,231) | 1,286) | 540) | 4,572) | |
Revenue | 90,155) | 93,512) | 83,959) | 69,217) | 69,693) | 65,450) | |
Profitability Ratio | |||||||
Net profit margin1 | 4.41% | 4.09% | 6.23% | 1.86% | 0.77% | 6.99% | |
Benchmarks | |||||||
Net Profit Margin, Competitors2 | |||||||
Uber Technologies Inc. | 5.06% | -28.68% | -2.84% | -60.76% | -60.13% | — | |
Union Pacific Corp. | 26.45% | 28.13% | 29.92% | 27.38% | 27.27% | — | |
United Parcel Service Inc. | 7.37% | 11.51% | 13.25% | 1.59% | 5.99% | — | |
Net Profit Margin, Sector | |||||||
Transportation | 7.81% | 5.28% | 10.95% | 0.66% | 1.33% | — | |
Net Profit Margin, Industry | |||||||
Industrials | 8.09% | 5.17% | 6.38% | 1.50% | 3.89% | — |
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).
1 2023 Calculation
Net profit margin = 100 × Net income ÷ Revenue
= 100 × 3,972 ÷ 90,155 = 4.41%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | FedEx Corp. net profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Return on Equity (ROE)
May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net income | 3,972) | 3,826) | 5,231) | 1,286) | 540) | 4,572) | |
Common stockholders’ investment | 26,088) | 24,939) | 24,168) | 18,295) | 17,757) | 19,416) | |
Profitability Ratio | |||||||
ROE1 | 15.23% | 15.34% | 21.64% | 7.03% | 3.04% | 23.55% | |
Benchmarks | |||||||
ROE, Competitors2 | |||||||
Uber Technologies Inc. | 16.77% | -124.54% | -3.43% | -55.18% | -59.94% | — | |
Union Pacific Corp. | 43.14% | 57.54% | 46.06% | 31.54% | 32.65% | — | |
United Parcel Service Inc. | 38.76% | 58.36% | 90.44% | 204.41% | 135.90% | — | |
ROE, Sector | |||||||
Transportation | 27.29% | 20.60% | 36.02% | 2.51% | 4.49% | — | |
ROE, Industry | |||||||
Industrials | 27.86% | 15.98% | 17.17% | 4.29% | 14.53% | — |
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).
1 2023 Calculation
ROE = 100 × Net income ÷ Common stockholders’ investment
= 100 × 3,972 ÷ 26,088 = 15.23%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | FedEx Corp. ROE deteriorated from 2021 to 2022 and from 2022 to 2023. |
Return on Assets (ROA)
May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | May 31, 2019 | May 31, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Net income | 3,972) | 3,826) | 5,231) | 1,286) | 540) | 4,572) | |
Total assets | 87,143) | 85,994) | 82,777) | 73,537) | 54,403) | 52,330) | |
Profitability Ratio | |||||||
ROA1 | 4.56% | 4.45% | 6.32% | 1.75% | 0.99% | 8.74% | |
Benchmarks | |||||||
ROA, Competitors2 | |||||||
Uber Technologies Inc. | 4.88% | -28.47% | -1.28% | -20.35% | -26.78% | — | |
Union Pacific Corp. | 9.50% | 10.69% | 10.27% | 8.57% | 9.60% | — | |
United Parcel Service Inc. | 9.47% | 16.24% | 18.57% | 2.15% | 7.67% | — | |
ROA, Sector | |||||||
Transportation | 7.18% | 5.20% | 9.49% | 0.52% | 1.16% | — | |
ROA, Industry | |||||||
Industrials | 5.53% | 3.44% | 3.87% | 0.78% | 2.43% | — |
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).
1 2023 Calculation
ROA = 100 × Net income ÷ Total assets
= 100 × 3,972 ÷ 87,143 = 4.56%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROA | A profitability ratio calculated as net income divided by total assets. | FedEx Corp. ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |