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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Fedex (FDX) Gross Margin (2016 - 2026)

Fedex (FDX) has disclosed Gross Margin for 18 consecutive years, with 85.38% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 7.0% to 85.38% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 65.88% through Feb 2026, down 1011.0% year-over-year, with the annual reading at 75.24% for FY2025, 90.0% down from the prior year.
  • Gross Margin hit 85.38% in Q1 2026 for Fedex, roughly flat from 85.04% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 149.82% in Q2 2023 to a low of 15.14% in Q2 2025.
  • Historically, Gross Margin has averaged 82.02% across 5 years, with a median of 85.04% in 2025.
  • Biggest five-year swings in Gross Margin: skyrocketed 8021bps in 2022 and later crashed -10165bps in 2024.
  • Year by year, Gross Margin stood at 84.97% in 2022, then decreased by -11bps to 75.66% in 2023, then rose by 13bps to 85.43% in 2024, then fell by 0bps to 85.04% in 2025, then rose by 0bps to 85.38% in 2026.
  • Business Quant data shows Gross Margin for FDX at 85.38% in Q1 2026, 85.04% in Q4 2025, and 75.33% in Q3 2025.