Fedex (FDX) Wages, Salaries and Other (2009 - 2026)
Fedex (FDX) posted Wages, Salaries and Other of $8.57 billion for fiscal Q4 2026 (quarter ended May 31, 2026), up 11.4% from $7.69 billion a year earlier but down 2.8% from the prior quarter.
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Analysis
Fedex (FDX) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Fedex's Wages, Salaries and Other came in at $33.84 billion, up 8.4% from FY2025.
- Annual Wages, Salaries and Other shows a five-year compound annual growth rate of 2.3% (FY2021 to FY2026).
- In prior fiscal years, Fedex's Wages, Salaries and Other was $31.23 billion in FY2025 (+0.9%), $30.96 billion in FY2024 (-0.2%), $31.02 billion in FY2023 (-3.2%) and $32.06 billion in FY2022 (+6.2%).
- Quarterly Wages, Salaries and Other has run from a low of $7.55 billion in fiscal Q4 2023 to a high of $8.82 billion in fiscal Q3 2026 over five years.
- On a year-over-year basis, Wages, Salaries and Other has increased in each of the last seven quarters, with growth averaging 4.6% over the last eight quarters.
- The strongest year-over-year quarter for Wages, Salaries and Other in the past five years was fiscal Q1 2022, with growth of 13.5%; the weakest was fiscal Q3 2023, with a decline of 5.2%.
- According to Business Quant data, Wages, Salaries and Other for the three prior fiscal quarters was $8.82 billion (Q3 2026), $8.4 billion (Q2 2026) and $8.06 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 1.24 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 831.00 Mn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 522.67 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 744.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 12.65 Bn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 8.57 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 4.76 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 687.35 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 4.69 Bn |
| 10 | Ryanair Holdings | 28.73 Bn | 12.74 Bn | 3.13 Bn | 553.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 8.57 Bn |
| Feb 28, 2026 | 8.82 Bn |
| Nov 30, 2025 | 8.40 Bn |
| Aug 31, 2025 | 8.06 Bn |
| May 31, 2025 | 7.69 Bn |
| Feb 28, 2025 | 7.88 Bn |
| Nov 30, 2024 | 7.88 Bn |
| Aug 31, 2024 | 7.79 Bn |
| May 31, 2024 | 7.65 Bn |
| Feb 29, 2024 | 7.69 Bn |
| Nov 30, 2023 | 7.83 Bn |
| Aug 31, 2023 | 7.79 Bn |
| May 31, 2023 | 7.55 Bn |
| Feb 28, 2023 | 7.82 Bn |
| Nov 30, 2022 | 7.79 Bn |
| Aug 31, 2022 | 7.86 Bn |
| May 31, 2022 | 7.90 Bn |
| Feb 28, 2022 | 8.24 Bn |
| Nov 30, 2021 | 8.14 Bn |
| Aug 31, 2021 | 7.78 Bn |
API Access
Fedex Wages, Salaries and Other 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=wages-salaries-and-other&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();