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FDX Q2 2024 Earnings — FedEx Corporation Revenue & Financial Results | Market Cap Arena
FDX
FedEx Corporation
$86B
Q2 2024 Earnings
Industrials
Integrated Freight & Logistics
Income Statement
Revenue
$22.2B
-2.8% YoY
Gross Profit
$4.6B
20.6% margin
Operating Income
$1.4B
6.4% margin
Net Income
$900M
4.1% 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
$10.3B
46%
Fedex Ground Segment
$8.6B
39%
Fedex Freight Segment
$2.4B
11%
Corporate Reconciling Items And Eliminations
$847M
4%
Fedex Services Segment
$65M
0%
← FY 2024
All Quarters
Q3 2024 →