FDX Q2 2024 Earnings — FedEx Corporation Revenue & Financial Results | Market Cap Arena

FDXFedEx Corporation

$86B

Q2 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$22.2B-2.8% YoY

Gross Profit

$4.6B20.6% margin

Operating Income

$1.4B6.4% margin

Net Income

$900M4.1% margin

EPS (Diluted)

$3.55

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$1.8B

Free Cash Flow

$469M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$88.1B

Total Liabilities

$61.3B

Stockholders' Equity

$26.8B

Cash & Equivalents

$6.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22.2B	$22.8B	-2.8%
Gross Profit	$4.6B	$4.6B	-1.4%
Operating Income	$1.4B	$1.2B	+17.2%
Net Income	$900M	$788M	+14.2%

Revenue Segments

Fedex Express Segment

$10.3B46%

Fedex Ground Segment

$8.6B39%

Fedex Freight Segment

$2.4B11%

Corporate Reconciling Items And Eliminations

$847M4%

Fedex Services Segment

$65M0%