FDX Q3 2024 Earnings — FedEx Corporation Revenue & Financial Results | Market Cap Arena

FDXFedEx Corporation

$86B

Q3 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$21.7B-1.9% YoY

Gross Profit

$4.5B20.9% margin

Operating Income

$1.4B6.2% margin

Net Income

$879M4.0% margin

EPS (Diluted)

$3.51

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$231M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$86.1B

Total Liabilities

$59.7B

Stockholders' Equity

$26.4B

Cash & Equivalents

$5.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21.7B	$22.2B	-1.9%
Gross Profit	$4.5B	$4.6B	-0.8%
Operating Income	$1.4B	$1.2B	+16.2%
Net Income	$879M	$771M	+14.0%

Revenue Segments

Fedex Express Segment

$10.1B46%

Fedex Ground Segment

$8.7B40%

Fedex Freight Segment

$2.1B10%

Corporate Reconciling Items And Eliminations

$745M3%

Fedex Services Segment

$64M0%