Fedex (FDX) Gross Margin (2009 - 2026)
Fedex (FDX) reported Gross Margin of 76.37% for fiscal Q1 2020 (quarter ended Aug 31, 2019), down 0.36 percentage points from 76.74% a year earlier and down 0.67 percentage points from the prior quarter.
Fedex (FDX) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2019, Fedex's Gross Margin came in at 76.01%, down 0.74 percentage points year-over-year; for FY2019 (ended May 31, 2019), it came in at 76.10%, down 0.82 percentage points from FY2018.
- By fiscal year, Gross Margin came in at 76.93% in FY2018 (-0.48 pp) and 77.40% in FY2017.
- Five-year quarterly Gross Margin spans a low of 75.00% in fiscal Q3 2019 and a high of 77.58% in fiscal Q4 2018.
- Year over year, Gross Margin has now declined in each of the last five quarters, with an average year-over-year change of -0.74 percentage points over the last five quarters.
- Per Business Quant data, the three fiscal quarters before Q1 2020 came in at 77.04% (Q4 2019), 75.00% (Q3 2019) and 75.62% (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | - |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | - |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 96.46% |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 1.90% |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 75.35% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | - |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | - |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | - |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 97.80% |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 75.35% |
| Feb 28, 2026 | 74.65% |
| Nov 30, 2025 | 74.92% |
| Aug 31, 2025 | 75.33% |
| May 31, 2025 | 75.88% |
| Feb 28, 2025 | 74.58% |
| Nov 30, 2024 | 74.96% |
| Aug 31, 2024 | 75.55% |
| May 31, 2024 | 76.73% |
| Feb 29, 2024 | 75.41% |
| Nov 30, 2023 | 75.66% |
| Aug 31, 2023 | 76.77% |
| May 31, 2023 | 77.40% |
| Feb 28, 2023 | 75.63% |
| Nov 30, 2022 | 75.17% |
| Aug 31, 2022 | 75.19% |
| May 31, 2022 | 75.63% |
| Feb 28, 2022 | 73.47% |
| Nov 30, 2021 | 73.41% |
| Aug 31, 2021 | 74.28% |
Fedex Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FDX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();