Fedex (FDX) Deferred Taxes (2009 - 2023)
Fedex (FDX) posted Deferred Taxes of $699.0 million for Q4 2023, down 3.98% sequentially from $728.0 million in Q3 2023, and down 14.23% YoY from $815.0 million in Q4 2022.
Fedex (FDX) Deferred Taxes (2009 - 2023) Analysis & Trends
Fedex has reported Deferred Taxes for 15 years, with the latest figure at $699.0 million in Q4 2023.
- Quarterly Deferred Taxes fell 14.23% year-over-year to $699.0 million in Q4 2023, while the trailing twelve-month figure through Nov 2023 was $3.3 billion (up 17.92% YoY) and the FY2023 annual result came in at $3.5 billion, up 18.46% from the prior year.
- Deferred Taxes eased to $699.0 million in Q4 2023 per FDX's latest filing, from $728.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $1.0 billion in Q2 2023 and troughed at -$483.0 million in Q2 2019.
- A 5-year average of $634.8 million and a median of $713.5 million in 2023 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2019 and 2020: Deferred Taxes sank 170.72% in 2019, then jumped 4142.86% in 2020.
- Over 5 years, Deferred Taxes stood at $470.0 million in 2019, then soared by 102.34% to $951.0 million in 2020, then slipped by 12.83% to $829.0 million in 2021, then decreased by 1.69% to $815.0 million in 2022, then fell by 14.23% to $699.0 million in 2023.
- According to Business Quant data, Deferred Taxes over the past three periods registered $699.0 million, $728.0 million, and $1.0 billion for Q4 2023, Q3 2023, and Q2 2023 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | 99.00 Mn |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | - |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | 22.78 Mn |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | 794,000.00 |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | 2.67 Mn |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | - |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | -7.42 Mn |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 2.00 Mn |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | - |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn | 267,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2023 | 699.00 Mn |
| Aug 31, 2023 | 728.00 Mn |
| May 31, 2023 | 1.05 Bn |
| Feb 28, 2023 | 836.00 Mn |
| Nov 30, 2022 | 815.00 Mn |
| Aug 31, 2022 | 774.00 Mn |
| May 31, 2022 | 433.00 Mn |
| Feb 28, 2022 | 785.00 Mn |
| Nov 30, 2021 | 829.00 Mn |
| Aug 31, 2021 | 884.00 Mn |
| May 31, 2021 | 867.00 Mn |
| Feb 28, 2021 | 538.00 Mn |
| Nov 30, 2020 | 951.00 Mn |
| Aug 31, 2020 | 531.00 Mn |
| May 31, 2020 | 691.00 Mn |
| Feb 29, 2020 | 594.00 Mn |
| Nov 30, 2019 | 470.00 Mn |
| Aug 31, 2019 | 694.00 Mn |
| May 31, 2019 | -483.00 Mn |
| Feb 28, 2019 | 14.00 Mn |