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Screener / SEC EDGAR /CIK 0001048911 /10-K filed Jul 20, 2026, compared with Jul 21, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
FDXLMTBARTXUPSCAT
NYSE Industrials · Air Freight & Delivery

FedEx FDX

FDX quote by TradingView

FedEx Corporation (“FedEx”) was incorporated in Delaware on October 2, 1997 to serve as the parent holding company and provide strategic direction to the FedEx portfolio of companies. 10-K, Item 1

Employees
12,000
Headquarters
Memphis, TN
CEO
Rajesh Subramaniam
Next results
around Dec 17, 2026
Compare with peers Embed

FDX among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 7.7%, above 67% of 81 peers (their median 4.6%) REVENUE GROWTH 7.7% · above 67% Operating margin: 6.0%, above 10% of 71 peers (their median 17.5%) OPERATING MARGIN 6.0% · above 10% Net margin: 8.8%, above 31% of 81 peers (their median 13.0%) NET MARGIN 8.8% · above 31% FCF margin: 5.0%, above 14% of 78 peers (their median 13.3%) FCF MARGIN 5.0% · above 14% Return on capital: 7.8%, above 20% of 65 peers (their median 14.2%) RETURN ON CAPITAL 7.8% · above 20%
FDX Peer median Below the median

What changed

14 new risk paragraphs. 10-K filed Jul 20, 2026 against Jul 21, 2025.

Risk factors
14 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
10 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
5 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 10 checks found nothing to note

  • Receivables +11.5% vs revenue +7.7% (+3.7 pts)
  • Cash from operations $8.9B vs net income $4.4B (FY ending May 31, 2026)
  • Same auditor in both 10-Ks: Ernst & Young LLP
7 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: U.S. Pension Projected Benefit Obligation; Valuation of Self-Insurance Accruals
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

14 paragraphs in Risk Factors that were not in the 10-K filed Jul 21, 2025. Quoted as filed.

All 14 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Jul 21, 2025 10-K, ITEM 1A
    Moreover, given the nature of our business and our global operations, political, economic, and other conditions in foreign countries and regions, including international taxes, government-to-government relations, the typically more volatile economies of emerging markets, and geopolitical risks such as the ongoing conflicts between…
  2. Item 1A · new paragraph · not in the 10-K filed Jul 21, 2025 10-K, ITEM 1A
    Although we do not believe the cyber incidents and other systems disruptions that we and our third-party service providers have experienced to date have had a material effect on our business, there is no guarantee that a future cybersecurity threat or incident will be detected and remediated to not materially and adversely affect our…
  3. Item 1A · new paragraph · not in the 10-K filed Jul 21, 2025 10-K, ITEM 1A
    We may not be able to achieve our calendar 2029 financial performance targets. On February 12, 2026, we announced a comprehensive multi-year financial framework with financial performance targets for 2029. Our ability to achieve these goals is dependent on a number of factors, including the other risk factors described in this Annual…
  4. Item 1A · new paragraph · not in the 10-K filed Jul 21, 2025 10-K, ITEM 1A
    In connection with the Spin-Off, we and FedEx Freight entered into various agreements that provide for the performance of certain services by each company for the benefit of the other, including a separation and distribution agreement, a transition services agreement, a tax matters agreement, an employee matters agreement, an…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$90.2B$87.7B$87.9B$94.7B
Net income$4.0B$4.3B$4.1B$4.4B
Operating cash flow$8.8B$8.3B$7.0B$8.9B
Free cash flow$2.7B$3.1B$3.0B$5.1B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$94.7B ▲ 7.7% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

5 filings in the last 30 days · SEC EDGAR

All filings

About the company

FedEx, Memphis, TN · from the 10-K filed Jul 20, 2026

FedEx Corporation (“FedEx”) was incorporated in Delaware on October 2, 1997 to serve as the parent holding company and provide strategic direction to the FedEx portfolio of companies. FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services, offering integrated business solutions utilizing its flexible, efficient, and intelligent global network. Our website is located at fedex.com. Detailed information about our services, solutions, and corporate responsibility initiatives can be found on our website.

Headquarters
Memphis, TN
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
May 31
Last results
Oct 28, 2026
Incorporated in
DE

Employees, at the top of the page: "As of May 31, 2026, FedEx Office, which is based in Plano, Texas, operated approximately 2,000 customer-facing stores and had approximately 12,000 employees" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Jul 20, 2026 (open at SEC), compared with the 10-K filed Jul 21, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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