What is the current annual net margin of FDX?

As of today, FDX annual net margin is 4.65%

What is 1-year change in FDX annual net margin?

FDX annual net margin is down -5.68% year-over-year

What is 3-year change in FDX annual net margin?

FDX annual net margin is up +13.97% over the past 3 years

How far is FDX annual net margin from its all-time high?

FDX annual net margin is currently -53.82% below its historical high of 10.07% set on May 1, 1981

How does FDX annual net margin rank versus sector peers?

FDX annual net margin is higher than 55.07% of companies in Industrials sector

When is FDX next annual earnings release?

As of today, the next annual earnings release for FDX has not been scheduled

What is the current quarterly net margin of FDX?

As of today, FDX quarterly net margin is 4.07%

What is FDX quarterly net margin most recent change?

FDX quarterly net margin was up +10.00% on November 30, 2025

What is 1-year change in FDX quarterly net margin?

FDX quarterly net margin is up +21.13% year-over-year

How far is FDX quarterly net margin from its all-time high?

FDX quarterly net margin is currently -67.52% below its historical high of 12.53% set on February 28, 2018

How does FDX quarterly net margin rank versus sector peers?

FDX quarterly net margin is higher than 46.07% of companies in Industrials sector

When is FDX next earnings release?

The next earnings release for FDX is on March 19, 2026

FDX Net Margin History & Chart Since 1980

Annual Net Margin

4.65%0.28%-5.68%

May 31, 2025

Summary

Current Value: As of today, FDX annual net margin is 4.65%, down -5.68% on May 31, 2025
Historical Performance: FDX annual net margin is up +13.97% over the past 3 years, and up +150.00% over the past 5 years
All-Time High Comparison: FDX annual net margin is currently -53.82% below its historical high of 10.07% set on May 1, 1981
3-Year Low Comparison: FDX annual net margin is +13.97% above its 3-year low of 4.08% reached on an earlier date
Sector Comparison: FDX annual net margin is higher than 55.07% of companies in Industrials sector

Net Margin Chart

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Series

Performance

FDX Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	May 31, 25	4.65%	-5.7%	+14.0%	+150.0%	+36.8%
Quarterly Net Margin	Nov 30, 25	4.07%	+21.1%	+18.0%	-31.8%	+38.9%
Price	Feb 4, 26	$362.54	+44.5%	+68.9%	+46.1%	+295.2%
PE Ratio	Feb 4, 26	20.00	+25.0%	+18.6%	-25.8%	-8.9%
Annual Revenue	May 31, 25	$87.93B	+0.3%	-6.0%	+27.0%	+153.1%
Annual Net Income	May 31, 25	$4.09B	-5.5%	+7.0%	+218.3%	+245.8%
Annual Gross Margin	May 31, 25	21.60%	-0.1%	+0.1%	+12.0%	+9.6%
Annual Operating Margin	May 31, 25	6.92%	-4.5%	-0.9%	+68.0%	+19.3%

Net Margin Highs

FDX Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	4.93%	May 31, 24	-5.7%
5Y	6.23%	May 31, 21	-25.4%
All	10.07%	May 1, 81	-53.8%

Net Margin Lows

FDX Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	4.08%	N/A	+14.0%
5Y	1.86%	N/A	+150.0%
All	-1.51%	May 31, 92	+407.9%

Net Margin History

Year	Value	Change
2025	4.65%	-5.7%
2024	4.93%	+12.0%
2023	4.40%	+7.8%
2022	4.08%	-34.5%
2021	6.23%	+234.9%
2020	1.86%	+141.6%
2019	0.77%	-89.0%
2018	6.98%	+40.7%
2017	4.96%	+37.4%
2016	3.61%	+63.3%
2015	2.21%	-51.9%
2014	4.59%	+30.4%
2013	3.52%	-25.9%
2012	4.75%	+28.7%
2011	3.69%	+8.5%
2010	3.40%	+1,114.3%
2009	0.28%	-90.5%
2008	2.96%	-48.3%
2007	5.73%	+2.5%
2006	5.59%	+13.4%
2005	4.93%	+45.4%
2004	3.39%	-8.1%
2003	3.69%	+4.8%

Year	Value	Change
2002	3.52%	+18.1%
2001	2.98%	-21.0%
2000	3.77%	+0.3%
1999	3.76%	+19.7%
1998	3.14%	0.0%
1997	3.14%	+4.7%
1996	3.00%	-5.4%
1995	3.17%	+31.5%
1994	2.41%	+70.9%
1993	1.41%	+193.4%
1992	-1.51%	-1,987.5%
1991	0.08%	-95.2%
1990	1.65%	-48.8%
1989	3.22%	-33.3%
1988	4.83%	-8.0%
1987	5.25%	+3.8%
1986	5.06%	+34.9%
1985	3.75%	-53.4%
1984	8.04%	-8.8%
1983	8.82%	-9.5%
1982	9.75%	-3.2%
1981	10.07%	+8.0%
1980	9.32%	-

FAQ

What is the current annual net margin of FDX?
As of today, FDX annual net margin is 4.65%
What is 1-year change in FDX annual net margin?
FDX annual net margin is down -5.68% year-over-year
What is 3-year change in FDX annual net margin?
FDX annual net margin is up +13.97% over the past 3 years
How far is FDX annual net margin from its all-time high?
FDX annual net margin is currently -53.82% below its historical high of 10.07% set on May 1, 1981
How does FDX annual net margin rank versus sector peers?
FDX annual net margin is higher than 55.07% of companies in Industrials sector
When is FDX next annual earnings release?
As of today, the next annual earnings release for FDX has not been scheduled

Quarterly Net Margin

4.07%0.37%+10.00%

November 30, 2025

Summary

Current Value: As of today, FDX quarterly net margin is 4.07%, up +10.00% on November 30, 2025
Historical Performance: FDX quarterly net margin is up +21.13% year-over-year, and up +17.97% over the past 3 years
All-Time High Comparison: FDX quarterly net margin is currently -67.52% below its historical high of 12.53% set on February 28, 2018
3-Year Low Comparison: FDX quarterly net margin is +21.13% above its 3-year low of 3.36% reached on November 30, 2024
Sector Comparison: FDX quarterly net margin is higher than 46.07% of companies in Industrials sector

Performance

FDX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Nov 30, 25	4.07%	+10.0%	+21.1%	+18.0%	-31.8%
Annual Net Margin	May 31, 25	4.65%	–	-5.7%	+14.0%	+150.0%
Price	Feb 4, 26	$362.54	+43.9%	+44.5%	+68.9%	+46.1%
PE Ratio	Feb 4, 26	20.00	+35.9%	+25.0%	+18.6%	-25.8%
Quarterly Revenue	Nov 30, 25	$23.47B	+5.5%	+6.8%	+2.9%	+14.5%
Quarterly Net Income	Nov 30, 25	$955.00M	+16.0%	+29.2%	+21.5%	-22.0%
Quarterly Gross Margin	Nov 30, 25	21.87%	+3.6%	+4.9%	+7.5%	+5.2%
Quarterly Operating Margin	Nov 30, 25	6.91%	+18.3%	+10.2%	+30.1%	-1.9%

Quarterly Net Margin Highs

FDX Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	7.41%	May 31, 25	-45.1%
3Y	7.41%	May 31, 25	-45.1%
5Y	8.26%	May 31, 21	-50.7%
All	12.53%	Feb 28, 18	-67.5%

Quarterly Net Margin Lows

FDX Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	3.36%	N/A	+21.1%
3Y	3.36%	Nov 30, 24	+21.1%
5Y	2.28%	May 31, 22	+78.5%
All	-21.04%	Nov 30, 86	+119.3%

Quarterly Net Margin History

Month	Value	Change
Nov 2025	4.07%	+10.0%
Aug 2025	3.70%	-50.1%
May 2025	7.41%	+80.7%
Feb 2025	4.10%	+22.0%
Nov 2024	3.36%	-8.4%
Aug 2024	3.67%	-44.9%
May 2024	6.66%	+64.9%
Feb 2024	4.04%	-0.2%
Nov 2023	4.05%	-18.5%
Aug 2023	4.97%	-29.0%
May 2023	7.00%	+101.7%
Feb 2023	3.47%	+0.6%
Nov 2022	3.45%	-8.2%
Aug 2022	3.76%	+64.9%
May 2022	2.28%	-51.5%
Feb 2022	4.70%	+5.6%
Nov 2021	4.45%	-12.1%
Aug 2021	5.06%	-38.7%
May 2021	8.26%	+99.5%
Feb 2021	4.14%	-30.7%
Nov 2020	5.97%	-7.2%
Aug 2020	6.43%	+434.9%
May 2020	-1.92%	-206.7%
Feb 2020	1.80%	-44.3%
Nov 2019	3.23%	-25.9%
Aug 2019	4.36%	+139.5%
May 2019	-11.05%	-354.6%
Feb 2019	4.34%	-17.0%
Nov 2018	5.23%	+7.0%
Aug 2018	4.89%	-24.8%
May 2018	6.50%	-48.1%
Feb 2018	12.53%	+164.3%
Nov 2017	4.74%	+21.9%
Aug 2017	3.89%	-40.0%
May 2017	6.48%	+73.3%
Feb 2017	3.74%	-20.3%
Nov 2016	4.69%	-3.7%
Aug 2016	4.87%	+1,001.9%
May 2016	-0.54%	-113.5%
Feb 2016	4.00%	-27.8%
Nov 2015	5.54%	-1.6%
Aug 2015	5.63%	+190.8%
May 2015	-6.20%	-225.5%
Feb 2015	4.94%	-4.1%
Nov 2014	5.15%	-0.6%
Aug 2014	5.18%	-15.8%
May 2014	6.15%	+84.1%
Feb 2014	3.34%	-23.7%
Nov 2013	4.38%	-1.4%
Aug 2013	4.44%	+67.5%
May 2013	2.65%	-19.5%
Feb 2013	3.29%	-16.3%
Nov 2012	3.93%	-7.3%
Aug 2012	4.24%	-15.2%
May 2012	5.00%	+1.4%
Feb 2012	4.93%	+5.3%
Nov 2011	4.68%	+6.4%
Aug 2011	4.40%	-16.7%
May 2011	5.28%	+120.9%
Feb 2011	2.39%	-18.4%
Nov 2010	2.93%	-26.9%
Aug 2010	4.01%	-9.7%
May 2010	4.44%	+62.0%
Feb 2010	2.74%	-31.7%
Nov 2009	4.01%	+78.2%
Aug 2009	2.25%	+120.2%
May 2009	-11.16%	-1,037.8%
Feb 2009	1.19%	-77.0%
Nov 2008	5.17%	+34.3%
Aug 2008	3.85%	+257.8%
May 2008	-2.44%	-158.7%
Feb 2008	4.16%	-17.9%
Nov 2007	5.07%	-5.6%
Aug 2007	5.37%	-19.5%
May 2007	6.67%	+36.4%
Feb 2007	4.89%	-14.5%
Nov 2006	5.72%	+2.9%
Aug 2006	5.56%	-16.9%
May 2006	6.69%	+25.0%
Feb 2006	5.35%	-8.1%
Nov 2005	5.82%	+32.3%
Aug 2005	4.40%	-24.3%
May 2005	5.81%	+34.5%
Feb 2005	4.32%	-10.6%

Month	Value	Change
Nov 2004	4.83%	+2.1%
Aug 2004	4.73%	-19.1%
May 2004	5.85%	+71.6%
Feb 2004	3.41%	+121.4%
Nov 2003	1.54%	-31.6%
Aug 2003	2.25%	-53.1%
May 2003	4.80%	+81.1%
Feb 2003	2.65%	-38.7%
Nov 2002	4.32%	+49.0%
Aug 2002	2.90%	-33.5%
May 2002	4.36%	+82.4%
Feb 2002	2.39%	-49.9%
Nov 2001	4.77%	+93.9%
Aug 2001	2.46%	+11.3%
May 2001	2.21%	-1.8%
Feb 2001	2.25%	-43.2%
Nov 2000	3.96%	+12.2%
Aug 2000	3.53%	-30.1%
May 2000	5.05%	+102.0%
Feb 2000	2.50%	-33.3%
Nov 1999	3.75%	+1.9%
Aug 1999	3.68%	-27.1%
May 1999	5.05%	+165.8%
Feb 1999	1.90%	-56.2%
Nov 1998	4.34%	+18.6%
Aug 1998	3.66%	-12.6%
May 1998	4.19%	+1,209.4%
Feb 1998	0.32%	-91.6%
Nov 1997	3.80%	-10.8%
Aug 1997	4.26%	+517.6%
May 1997	-1.02%	-159.0%
Feb 1997	1.73%	-52.5%
Nov 1996	3.64%	+58.3%
Aug 1996	2.30%	+35.3%
May 1996	1.70%	+58.9%
Feb 1996	1.07%	-69.7%
Nov 1995	3.53%	+15.0%
Aug 1995	3.07%	-13.0%
May 1995	3.53%	+30.3%
Feb 1995	2.71%	-25.8%
Nov 1994	3.65%	+33.2%
Aug 1994	2.74%	-23.0%
May 1994	3.56%	+137.3%
Feb 1994	1.50%	-46.6%
Nov 1993	2.81%	+72.4%
Aug 1993	1.63%	+593.9%
May 1993	-0.33%	-161.1%
Feb 1993	0.54%	-72.0%
Nov 1992	1.93%	+196.9%
Aug 1992	0.65%	-65.6%
May 1992	1.89%	+118.5%
Feb 1992	-10.24%	-852.9%
Nov 1991	1.36%	+44.7%
Aug 1991	0.94%	-42.0%
May 1991	1.62%	+128.6%
Feb 1991	-5.66%	-401.1%
Nov 1990	1.88%	-16.4%
Aug 1990	2.25%	-0.4%
May 1990	2.26%	+653.3%
Feb 1990	0.30%	-86.0%
Nov 1989	2.15%	+16.2%
Aug 1989	1.85%	-24.8%
May 1989	2.46%	+27.5%
Feb 1989	1.93%	-58.2%
Nov 1988	4.62%	+3.4%
Aug 1988	4.47%	-14.2%
May 1988	5.21%	+39.3%
Feb 1988	3.74%	-19.7%
Nov 1987	4.66%	-19.1%
Aug 1987	5.76%	+29.4%
May 1987	4.45%	-0.9%
Feb 1987	4.49%	+121.3%
Nov 1986	-21.04%	-715.2%
Aug 1986	3.42%	-36.4%
May 1986	5.38%	+36.5%
Feb 1986	3.94%	-29.4%
Nov 1985	5.58%	+4.1%
Aug 1985	5.36%	-24.2%
May 1985	7.07%	+132.6%
Feb 1985	3.04%	+44.8%
Nov 1984	2.10%	+11.1%
Aug 1984	1.89%	-72.8%
May 1984	6.95%	-7.2%
Feb 1984	7.49%	-

FAQ

What is the current quarterly net margin of FDX?
As of today, FDX quarterly net margin is 4.07%
What is FDX quarterly net margin most recent change?
FDX quarterly net margin was up +10.00% on November 30, 2025
What is 1-year change in FDX quarterly net margin?
FDX quarterly net margin is up +21.13% year-over-year
How far is FDX quarterly net margin from its all-time high?
FDX quarterly net margin is currently -67.52% below its historical high of 12.53% set on February 28, 2018
How does FDX quarterly net margin rank versus sector peers?
FDX quarterly net margin is higher than 46.07% of companies in Industrials sector
When is FDX next earnings release?
The next earnings release for FDX is on March 19, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

FDX Official Website www.fedex.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1048911/000104891125000078/0001048911-25-000078-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1048911/000104891125000011/0001048911-25-000011-index.htm
FDX Profile on Yahoo Finance finance.yahoo.com/quote/FDX
FDX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/fdx