Fedex (FDX) Shares Outstanding (Diluted) (2009 - 2026)
Fedex (FDX) reported Shares Outstanding (Diluted) of 239 million for fiscal Q4 2026 (quarter ended May 31, 2026), down 1.6% from 243 million a year earlier and unchanged from the prior quarter.
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Analysis
Fedex (FDX) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Dating back to fiscal Q4 2009, Fedex's Shares Outstanding (Diluted) record includes 69 quarters.
- Shares Outstanding (Diluted) has declined for five consecutive fiscal years, with a five-year compound annual growth rate of -2.3% (FY2021 to FY2026).
- By fiscal year, Shares Outstanding (Diluted) came in at 243 million in FY2025 (-3.2%), 251 million in FY2024 (-2.0%), 256 million in FY2023 (-3.8%) and 266 million in FY2022 (-0.7%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 236 million in fiscal Q2 2026 and a high of 271 million in fiscal Q1 2022.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 19 quarters, with an average decline of 2.8% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was fiscal Q1 2022 (growth of 3.0%); the low point was fiscal Q3 2023 (a decline of 4.5%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 239 million (Q3 2026), 236 million (Q2 2026) and 238 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - | 594.50 Mn |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - | 1.85 Bn |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - | 887.10 Mn |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - | 851.00 Mn |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - | 225.20 Mn |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - | 239.00 Mn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 659.00 Mn |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - | 208.72 Mn |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - | 327.40 Mn |
| 10 | Ryanair Holdings | 28.01 Bn | 11.66 Bn | - | 532.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 239.00 Mn |
| Feb 28, 2026 | 239.00 Mn |
| Nov 30, 2025 | 236.00 Mn |
| Aug 31, 2025 | 238.00 Mn |
| May 31, 2025 | 243.00 Mn |
| Feb 28, 2025 | 242.00 Mn |
| Nov 30, 2024 | 244.00 Mn |
| Aug 31, 2024 | 247.00 Mn |
| May 31, 2024 | 251.00 Mn |
| Feb 29, 2024 | 250.00 Mn |
| Nov 30, 2023 | 253.00 Mn |
| Aug 31, 2023 | 254.00 Mn |
| May 31, 2023 | 256.00 Mn |
| Feb 28, 2023 | 253.00 Mn |
| Nov 30, 2022 | 256.00 Mn |
| Aug 31, 2022 | 262.00 Mn |
| May 31, 2022 | 266.00 Mn |
| Feb 28, 2022 | 265.00 Mn |
| Nov 30, 2021 | 268.00 Mn |
| Aug 31, 2021 | 271.00 Mn |
API Access
Fedex Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();