KPIs & Operating Metrics(New)
Growth Metrics

Fedex (FDX) Net Margin (2016 - 2026)

Fedex (FDX) has disclosed Net Margin for 18 consecutive years, with 4.4% as the latest value for Q1 2026.

  • Quarterly Net Margin rose 30.0% to 4.4% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 4.88% through Feb 2026, up 42.0% year-over-year, with the annual reading at 4.65% for FY2025, 28.0% down from the prior year.
  • Net Margin hit 4.4% in Q1 2026 for Fedex, up from 4.07% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 7.42% in Q2 2025 to a low of 2.28% in Q2 2022.
  • Historically, Net Margin has averaged 4.42% across 5 years, with a median of 4.05% in 2023.
  • Biggest five-year swings in Net Margin: plummeted -598bps in 2022 and later skyrocketed 472bps in 2023.
  • Year by year, Net Margin stood at 3.45% in 2022, then rose by 18bps to 4.05% in 2023, then decreased by -17bps to 3.36% in 2024, then rose by 21bps to 4.07% in 2025, then increased by 8bps to 4.4% in 2026.
  • Business Quant data shows Net Margin for FDX at 4.4% in Q1 2026, 4.07% in Q4 2025, and 3.7% in Q3 2025.