Fedex (FDX) EBITDA Margin (2009 - 2026)
Fedex's (FDX) quarterly EBITDA Margin came in at 6.2% in Q2 2026, down 187.0% year-over-year from 7.13% in Q2 2025, and up 10.43% quarter-over-quarter from 5.62% in Q1 2026.
Analysis
Fedex (FDX) EBITDA Margin (2009 - 2026) Analysis & Trends
Fedex has disclosed EBITDA Margin across 18 years of filings, most recently posting 6.2% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 187.0% year-over-year to 6.2%; the TTM figure through May 2026 stood at 5.77% (down 17.0% YoY), while the FY2026 annual figure was 5.77%, down 17.0% from the prior year.
- EBITDA Margin came in at 6.2% for Q2 2026 at Fedex, up from 5.62% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 8.07% in Q2 2025 to a low of 4.7% in Q1 2023.
- Average EBITDA Margin over 5 years is 5.97%, with a median of 5.74% recorded in 2024.
- Year-over-year, EBITDA Margin soared 172 bps in 2023 and plunged 187 bps in 2026.
- Over 5 years, EBITDA Margin stood at 5.15% in 2022, then climbed by 12 bps to 5.76% in 2023, then declined by 17 bps to 4.79% in 2024, then gained by 23 bps to 5.87% in 2025, then increased by 6 bps to 6.2% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 6.2% in Q2 2026, 5.62% in Q1 2026, and 5.87% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 84.59 Bn | 79.94 Bn | 19.65 Bn | 4.07% |
| 2 | Fedex | 73.62 Bn | 60.31 Bn | 18.84 Bn | 6.20% |
| 3 | ZTO Express (Cayman) | 16.53 Bn | 11.93 Bn | 550.21 Mn | 22.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 6.20% |
| Feb 28, 2026 | 5.62% |
| Nov 30, 2025 | 5.87% |
| Aug 31, 2025 | 5.33% |
| May 31, 2025 | 8.07% |
| Feb 28, 2025 | 5.83% |
| Nov 30, 2024 | 4.79% |
| Aug 31, 2024 | 5.00% |
| May 31, 2024 | 7.03% |
| Feb 29, 2024 | 5.72% |
| Nov 30, 2023 | 5.76% |
| Aug 31, 2023 | 6.85% |
| May 31, 2023 | 6.85% |
| Feb 28, 2023 | 4.70% |
| Nov 30, 2022 | 5.15% |
| Aug 31, 2022 | 5.12% |
| May 31, 2022 | 7.89% |
| Feb 28, 2022 | 5.61% |
| Nov 30, 2021 | 6.80% |
| Aug 31, 2021 | 6.35% |