KPIs & Operating Metrics(New)
Growth Metrics

Fedex (FDX) Net Margin (2016 - 2026)

Fedex's Net Margin history spans 17 years, with the latest figure at 4.07% for Q4 2025.

  • For Q4 2025, Net Margin rose 70.0% year-over-year to 4.07%; the TTM value through Nov 2025 reached 4.81%, up 37.0%, while the annual FY2025 figure was 4.65%, 28.0% down from the prior year.
  • Net Margin for Q4 2025 was 4.07% at Fedex, up from 3.7% in the prior quarter.
  • Across five years, Net Margin topped out at 10.65% in Q2 2021 and bottomed at 3.37% in Q4 2024.
  • The 5-year median for Net Margin is 4.09% (2025), against an average of 4.82%.
  • The largest annual shift saw Net Margin surged 1257bps in 2021 before it tumbled -705bps in 2022.
  • A 5-year view of Net Margin shows it stood at 4.44% in 2021, then decreased by -22bps to 3.45% in 2022, then increased by 18bps to 4.05% in 2023, then fell by -17bps to 3.37% in 2024, then grew by 21bps to 4.07% in 2025.
  • Per Business Quant, the three most recent readings for FDX's Net Margin are 4.07% (Q4 2025), 3.7% (Q3 2025), and 7.42% (Q2 2025).