FDX Q3 2023 Earnings — FedEx Corporation Revenue & Financial Results | Market Cap Arena

FDXFedEx Corporation

$86B

Q3 2023 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$22.2B-6.2% YoY

Gross Profit

$4.6B20.6% margin

Operating Income

$1.2B5.3% margin

Net Income

$771M3.5% margin

EPS (Diluted)

$3.04

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$2.3B

Free Cash Flow

$998M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$85.8B

Total Liabilities

$61.0B

Stockholders' Equity

$24.7B

Cash & Equivalents

$5.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22.2B	$23.6B	-6.2%
Gross Profit	$4.6B	$4.9B	-6.5%
Operating Income	$1.2B	$1.5B	-20.1%
Net Income	$771M	$1.1B	-30.7%

Revenue Segments

Fedex Express Segment

$10.3B47%

Fedex Ground Segment

$8.7B39%

Fedex Freight Segment

$2.2B10%

Corporate Reconciling Items And Eliminations

$893M4%

Fedex Services Segment

$87M0%