Fedex (FDX) Tax Provisions (2009 - 2026)
Fedex (FDX) recorded Tax Provisions of $510 million in fiscal Q4 2026 (quarter ended May 31, 2026), down 11.3% from $575 million a year earlier but up 146.4% from the prior quarter.
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Analysis
Fedex (FDX) Tax Provisions (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Fedex reported Tax Provisions of $1.36 billion, up 0.8% from FY2025.
- Annual Tax Provisions has a five-year compound annual growth rate of -1.2% (FY2021 to FY2026).
- Across earlier fiscal years, Tax Provisions came in at $1.35 billion in FY2025 (-10.4%), $1.51 billion in FY2024 (+8.2%), $1.39 billion in FY2023 (+30.0%) and $1.07 billion in FY2022 (-25.8%).
- Quarterly Tax Provisions has ranged from $126 million in fiscal Q4 2022 to $590 million in fiscal Q4 2023 over the past five years.
- On a year-over-year basis, Tax Provisions rose in three of the last eight quarters, with an average decline of 3.7%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 368.3% in fiscal Q4 2023, against a decline of 83.1% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $207 million (Q3 2026), $333 million (Q2 2026) and $310 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 562.00 Mn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 318.00 Mn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 242.18 Mn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 157.00 Mn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 225.00 Mn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 510.00 Mn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 405.00 Mn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 116.87 Mn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | -64.16 Mn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 77.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 510.00 Mn |
| Feb 28, 2026 | 207.00 Mn |
| Nov 30, 2025 | 333.00 Mn |
| Aug 31, 2025 | 310.00 Mn |
| May 31, 2025 | 575.00 Mn |
| Feb 28, 2025 | 272.00 Mn |
| Nov 30, 2024 | 240.00 Mn |
| Aug 31, 2024 | 262.00 Mn |
| May 31, 2024 | 554.00 Mn |
| Feb 29, 2024 | 304.00 Mn |
| Nov 30, 2023 | 302.00 Mn |
| Aug 31, 2023 | 345.00 Mn |
| May 31, 2023 | 590.00 Mn |
| Feb 28, 2023 | 251.00 Mn |
| Nov 30, 2022 | 271.00 Mn |
| Aug 31, 2022 | 279.00 Mn |
| May 31, 2022 | 126.00 Mn |
| Feb 28, 2022 | 263.00 Mn |
| Nov 30, 2021 | 336.00 Mn |
| Aug 31, 2021 | 345.00 Mn |
API Access
Fedex Tax Provisions 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=tax-provisions&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();