Fedex (FDX) Net Margin (2009 - 2026)

Fedex has disclosed Net Margin across 18 years of filings, most recently posting 6.39% for Q2 2026.

• In Q2 2026, Net Margin fell 103.0% year-over-year to 6.39%; the TTM figure through May 2026 stood at 4.68% (up 3.0% YoY), while the FY2026 annual figure was 4.68%, up 3.0% from the prior year.
• Net Margin came in at 6.39% for Q2 2026 at Fedex, up from 4.4% 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.
• Average Net Margin over 5 years is 4.53%, with a median of 4.06% recorded in 2025.
• Year-over-year, Net Margin slumped 598 bps in 2022 and soared 472 bps in 2023.
• Over 5 years, Net Margin stood at 3.45% in 2022, then gained by 18 bps to 4.05% in 2023, then fell by 17 bps to 3.36% in 2024, then gained by 21 bps to 4.07% in 2025, then soared by 57 bps to 6.39% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 6.39% in Q2 2026, 4.4% in Q1 2026, and 4.07% in Q4 2025.