7Baggers
Quarterly
Annual
    Unit: USD2025-08-31 2025-05-31 2025-02-28 2024-11-30 2024-08-31 2024-05-31 2024-02-29 2023-11-30 2023-08-31 2023-05-31 2023-02-28 2022-11-30 2022-08-31 2022-05-31 2022-02-28 2021-11-30 2021-05-31 2020-05-31 2020-02-29 2019-11-30 2019-08-31 2018-05-31 2017-05-31 2016-11-30 2014-02-28 2013-11-30 2013-08-31 2012-08-31 
      
    		                            
      assets
    		                            
      current assets
    		                            
      cash and cash equivalents
    		6,166,000,000 5,502,000,000 5,135,000,000 5,029,000,000 5,943,000,000 6,501,000,000 5,644,000,000 6,729,000,000 7,055,000,000 6,856,000,000  4,646,000,000 6,850,000,000 6,897,000,000        7,143,000,000 10,764,000,000 3,059,000,000 3,042,000,000 3,935,000,000 5,096,000,000  
      receivables, less allowances of 822 and 773
    		11,516,000,000                            
      spare parts, supplies, and fuel, less allowances of 315 and 308
    		604,000,000                            
      prepaid expenses and other
    		1,058,000,000 914,000,000 1,232,000,000 1,335,000,000 1,228,000,000 1,005,000,000 1,236,000,000 1,091,000,000 994,000,000 962,000,000  1,272,000,000 1,054,000,000 968,000,000          901,000,000 456,000,000 441,000,000 352,000,000  
      total current assets
    		19,344,000,000 18,386,000,000 17,214,000,000 17,721,000,000 18,094,000,000 18,207,000,000 17,424,000,000 19,117,000,000 18,887,000,000 18,610,000,000  18,217,000,000 19,606,000,000 20,365,000,000          12,052,000,000 9,781,000,000 10,866,000,000 11,493,000,000  
      property and equipment, at cost
    		88,126,000,000  86,565,000,000 85,658,000,000 85,158,000,000  84,145,000,000 83,281,000,000 81,992,000,000   78,532,000,000 76,712,000,000           48,918,000,000 40,019,000,000 39,301,000,000 38,167,000,000  
      less accumulated depreciation and amortization
    		46,742,000,000 45,980,000,000 45,601,000,000 44,652,000,000 43,903,000,000 42,900,000,000 42,616,000,000 41,749,000,000 40,818,000,000 39,926,000,000  38,811,000,000 37,906,000,000 37,184,000,000          23,611,000,000 20,734,000,000 20,181,000,000 19,730,000,000  
      net property and equipment
    		41,384,000,000 41,642,000,000 40,964,000,000 41,006,000,000 41,255,000,000 41,491,000,000 41,529,000,000 41,532,000,000 41,174,000,000 40,698,000,000  39,721,000,000 38,806,000,000 38,091,000,000   504,000,000 480,000,000      25,307,000,000 19,285,000,000 19,120,000,000 18,437,000,000  
      other long-term assets
    		                            
      operating lease right-of-use assets
    		16,368,000,000 16,453,000,000 16,468,000,000 16,821,000,000 17,094,000,000 17,115,000,000 16,935,000,000 17,243,000,000 17,327,000,000 17,347,000,000  17,373,000,000 17,219,000,000 16,613,000,000   15,383,000,000 13,917,000,000           
      goodwill
    		6,672,000,000 6,603,000,000 6,332,000,000 6,290,000,000 6,512,000,000 6,423,000,000 6,425,000,000 6,468,000,000 6,422,000,000 6,435,000,000  6,377,000,000 6,316,000,000 6,544,000,000          6,921,000,000 2,739,000,000 2,737,000,000 2,712,000,000  
      other assets
    		4,648,000,000 4,543,000,000 4,065,000,000 3,643,000,000 3,756,000,000 3,771,000,000 3,801,000,000 3,691,000,000 3,766,000,000 4,053,000,000  3,903,000,000 3,879,000,000 4,381,000,000          2,068,000,000 924,000,000 819,000,000 1,031,000,000  
      total other long-term assets
    		27,688,000,000 27,599,000,000 26,865,000,000 26,754,000,000 27,362,000,000 27,309,000,000 27,161,000,000 27,402,000,000 27,515,000,000 27,835,000,000  27,653,000,000 27,414,000,000 27,538,000,000          8,989,000,000 3,663,000,000 3,556,000,000 3,743,000,000  
      liabilities and common stockholders’ investment
    		                            
      current liabilities
    		                            
      current portion of long-term debt
    		  611,000,000 592,000,000 622,000,000 68,000,000 67,000,000 334,000,000 351,000,000 126,000,000  172,000,000 139,000,000 82,000,000   96,000,000 51,000,000      43,000,000 1,000,000 251,000,000 254,000,000  
      accrued salaries and employee benefits
    		  2,601,000,000 2,710,000,000 2,336,000,000 2,673,000,000 2,541,000,000 2,732,000,000 2,365,000,000 2,475,000,000  2,420,000,000 2,263,000,000 2,531,000,000          1,765,000,000 1,284,000,000 1,403,000,000 1,366,000,000  
      accounts payable
    		  3,604,000,000 3,896,000,000 3,738,000,000 3,189,000,000 3,780,000,000 4,002,000,000 3,794,000,000 3,848,000,000  3,989,000,000 4,167,000,000 4,030,000,000          2,954,000,000 1,903,000,000 1,868,000,000 1,879,000,000  
      operating lease liabilities
    		  2,524,000,000 2,536,000,000 2,510,000,000 2,463,000,000 2,447,000,000 2,433,000,000 2,382,000,000 2,390,000,000  2,498,000,000 2,470,000,000 2,443,000,000   13,375,000,000 12,195,000,000           
      accrued expenses
    		  4,556,000,000 4,658,000,000 4,905,000,000 4,962,000,000 4,473,000,000 4,747,000,000 4,919,000,000 4,747,000,000  4,960,000,000 4,726,000,000 5,188,000,000          3,045,000,000 1,831,000,000 1,884,000,000 2,024,000,000  
      total current liabilities
    		  13,896,000,000 14,392,000,000 14,111,000,000 13,355,000,000 13,308,000,000 14,248,000,000 13,811,000,000 13,586,000,000  14,039,000,000 13,765,000,000 14,274,000,000          7,807,000,000 5,019,000,000 5,406,000,000 5,523,000,000  
      long-term debt, less current portion
    		  19,530,000,000 19,433,000,000 19,664,000,000 20,135,000,000 20,122,000,000 20,193,000,000 20,145,000,000 20,453,000,000  20,076,000,000 19,918,000,000 20,182,000,000   429,000,000 434,000,000      13,553,000,000 4,735,000,000 2,739,000,000 2,739,000,000  
      other long-term liabilities
    		                            
      deferred income taxes
    		  4,308,000,000 4,436,000,000 4,485,000,000 4,482,000,000 4,378,000,000 4,386,000,000 4,450,000,000 4,489,000,000  4,188,000,000 4,134,000,000 4,093,000,000          2,148,000,000 624,000,000 655,000,000 604,000,000  
      pension, postretirement healthcare, and other benefit obligations
    		  1,664,000,000 1,571,000,000 1,780,000,000 2,010,000,000 2,527,000,000 2,854,000,000 3,021,000,000 3,130,000,000  4,115,000,000 4,055,000,000 4,448,000,000               
      self-insurance accruals
    		  3,914,000,000 3,825,000,000 3,833,000,000 3,701,000,000 3,836,000,000 3,688,000,000 3,583,000,000 3,339,000,000  3,106,000,000 3,042,000,000 2,889,000,000          1,349,000,000 1,028,000,000 1,009,000,000 996,000,000  
      other liabilities
    		  657,000,000 651,000,000 693,000,000 689,000,000 690,000,000 694,000,000 694,000,000 695,000,000  662,000,000 654,000,000 682,000,000          423,000,000 102,000,000 109,000,000 109,000,000  
      total other long-term liabilities
    		  24,909,000,000 25,196,000,000 25,760,000,000 25,935,000,000 26,309,000,000 26,844,000,000 27,086,000,000 27,016,000,000  27,361,000,000 27,003,000,000 26,599,000,000          10,457,000,000 7,748,000,000 7,864,000,000 7,756,000,000  
      commitments and contingencies
    		                            
      common stockholders’ investment
    		                            
      common stock
    		  32,000,000 32,000,000 32,000,000 32,000,000 32,000,000 32,000,000 32,000,000 32,000,000  32,000,000 32,000,000 32,000,000          32,000,000 32,000,000 32,000,000 32,000,000  
      additional paid-in capital
    		  4,245,000,000 4,165,000,000 4,134,000,000 3,988,000,000 3,898,000,000 3,849,000,000 3,800,000,000 3,769,000,000  3,487,000,000 3,751,000,000 3,712,000,000          2,946,000,000 2,259,000,000 2,666,000,000 2,696,000,000  
      retained earnings
    		  39,754,000,000 39,175,000,000 38,767,000,000 38,649,000,000 37,174,000,000 36,605,000,000 36,021,000,000 35,259,000,000  33,557,000,000 33,060,000,000 32,782,000,000          19,410,000,000 19,699,000,000 19,366,000,000 18,913,000,000  
      accumulated other comprehensive loss
    		  -1,499,000,000 -1,515,000,000 -1,332,000,000 -1,359,000,000 -1,335,000,000 -1,294,000,000 -1,356,000,000 -1,327,000,000  -1,385,000,000 -1,314,000,000 -1,103,000,000          -425,000,000 -3,754,000,000 -3,769,000,000 -3,857,000,000  
      treasury stock
    		  -15,824,000,000 -15,397,000,000 -14,425,000,000 -13,728,000,000 -13,394,000,000 -12,426,000,000 -11,963,000,000 -11,645,000,000  -11,576,000,000 -10,389,000,000 -10,484,000,000          -7,432,000,000 -3,009,000,000 -762,000,000 -129,000,000  
      total common stockholders’ investment
    		  26,708,000,000 26,460,000,000 27,176,000,000 27,582,000,000 26,375,000,000 26,766,000,000 26,534,000,000 26,088,000,000  24,115,000,000 25,140,000,000 24,939,000,000          14,531,000,000 15,227,000,000 17,533,000,000 17,655,000,000  
      receivables, less allowances of 773 and 775
    		 11,368,000,000                           
      spare parts, supplies, and fuel, less allowances of 308 and 288
    		 602,000,000                           
      aircraft and related equipment
    		 31,584,000,000    30,525,000,000    29,108,000,000    27,874,000,000               
      package handling and ground support equipment
    		 18,878,000,000    17,880,000,000    16,839,000,000    14,930,000,000               
      information technology
    		 9,706,000,000    9,203,000,000    8,792,000,000    8,098,000,000               
      vehicles and trailers
    		 10,949,000,000    10,568,000,000    10,191,000,000    9,806,000,000               
      facilities and other
    		 16,505,000,000    16,215,000,000    15,694,000,000    14,567,000,000               
      total property and equipment, at cost
    		 87,622,000,000    84,391,000,000    80,624,000,000    75,275,000,000               
      total assets
    		 87,627,000,000    87,007,000,000    87,143,000,000    85,994,000,000               
      total liabilities and common stockholders’ investment
    		     87,007,000,000    87,143,000,000    85,994,000,000               
      receivables, less allowances of 725 and 775
    		  10,230,000,000                          
      spare parts, supplies, and fuel, less allowances of 301 and 288
    		  617,000,000                          
      receivables, less allowances of 702 and 775
    		   10,737,000,000 10,312,000,000                        
      spare parts, supplies, and fuel, less allowances of 293 and 288
    		   620,000,000                         
      spare parts, supplies, and fuel, less allowances of 290 and 288
    		    611,000,000                        
      receivables, less allowances of 775 and 800
    		     10,087,000,000 9,904,000,000                      
      spare parts, supplies, and fuel, less allowances of 288 and 276
    		     614,000,000                       
      spare parts, supplies, and fuel, less allowances of 291 and 276
    		      640,000,000                      
      receivables, less allowances of 767 and 800
    		       10,665,000,000                     
      spare parts, supplies, and fuel, less allowances of 286 and 276
    		       632,000,000                     
      receivables, less allowances of 762 and 800
    		        10,207,000,000                    
      spare parts, supplies, and fuel, less allowances of 281 and 276
    		        631,000,000                    
      receivables, less allowances of 800 and 692
    		         10,188,000,000                   
      spare parts, supplies, and fuel, less allowances of 276 and 360
    		         604,000,000                   
      revenue by service type
    		                            
      fedex express segment:
    		                            
      package:
    		                            
      u.s. overnight box
    		          2,165,000,000    2,275,000,000              
      u.s. overnight envelope
    		          478,000,000    479,000,000              
      u.s. deferred
    		          1,346,000,000    1,422,000,000              
      total u.s. domestic package revenue
    		          3,989,000,000    4,176,000,000              
      international priority
    		          2,566,000,000    2,991,000,000              
      international economy
    		          698,000,000    697,000,000              
      total international export package revenue
    		          3,264,000,000    3,688,000,000              
      international domestic
    		          1,003,000,000    1,016,000,000              
      total package revenue
    		          8,256,000,000    8,880,000,000              
      freight:
    		                            
      u.s.
    		          719,000,000    712,000,000              
      international airfreight
    		          47,000,000    40,000,000              
      total freight revenue
    		          1,811,000,000    2,078,000,000              
      other
    		          278,000,000    346,000,000       -69,000,000 -18,000,000      
      total fedex express segment
    		          10,345,000,000    11,304,000,000              
      fedex ground segment
    		          8,658,000,000    8,800,000,000              
      fedex freight segment
    		          2,186,000,000    2,253,000,000              
      fedex services segment
    		          87,000,000    65,000,000              
      other and eliminations
    		          893,000,000    1,219,000,000              
      receivables, less allowances of 766 and 692
    		           11,644,000,000                 
      spare parts, supplies, and fuel, less allowances of 365 and 360
    		           655,000,000                 
      receivables, less allowances of 786 and 692
    		            11,055,000,000                
      spare parts, supplies, and fuel, less allowances of 363 and 360
    		            647,000,000                
      receivables, less allowances of 692 and 742
    		             11,863,000,000               
      spare parts, supplies, and fuel, less allowances of 360 and 349
    		             637,000,000               
      service cost
    		               416,000,000             
      other retirement plans income:
    		                            
      interest cost
    		               511,000,000             
      expected return on plan assets
    		               -955,000,000             
      amortization of prior service credit and other
    		               -4,000,000             
      mtm net income
    		               36,000,000             
      fedex express segment
    		                            
      fedex custom critical, inc.
    		                            
      operating lease cost
    		                2,848,000,000 2,668,000,000 675,000,000 676,000,000 674,000,000        
      finance lease cost:
    		                            
      amortization of right-of-use assets
    		                23,000,000 18,000,000 6,000,000 3,000,000 3,000,000        
      interest on lease liabilities
    		                17,000,000 12,000,000 6,000,000 1,000,000 1,000,000        
      total finance lease cost
    		                40,000,000 30,000,000 12,000,000 4,000,000 4,000,000        
      short-term lease cost
    		                387,000,000 197,000,000 60,000,000 46,000,000 35,000,000        
      variable lease cost
    		                1,318,000,000 1,160,000,000 301,000,000 282,000,000 267,000,000        
      net lease cost
    		                4,593,000,000 4,055,000,000 1,048,000,000 1,008,000,000 980,000,000        
      cash paid for amounts included in the measurement of lease liabilities:
    		                            
      operating cash flows paid for operating leases
    		                2,750,000,000 2,608,000,000 2,016,000,000 1,247,000,000 635,000,000        
      operating cash flows paid for interest portion of finance leases
    		                16,000,000 14,000,000 10,000,000 2,000,000 1,000,000        
      financing cash flows paid for principal portion of finance leases
    		                75,000,000 84,000,000 84,000,000 64,000,000 27,000,000        
      right-of-use assets obtained in exchange for new operating lease liabilities
    		                3,703,000,000 1,915,000,000 1,390,000,000 1,049,000,000 235,000,000        
      right-of-use assets obtained in exchange for new finance lease liabilities
    		                126,000,000 484,000,000 464,000,000 93,000,000 76,000,000        
      operating leases:
    		                            
      current portion of operating lease liabilities
    		                2,208,000,000 1,923,000,000           
      total operating lease liabilities
    		                15,583,000,000 14,118,000,000           
      finance leases:
    		                            
      total finance lease liabilities
    		                525,000,000 485,000,000           
      weighted-average remaining lease term
    		                            
      operating leases
    		                9,900,000 9,900,000           
      finance leases
    		                30,100,000 32,000,000           
      weighted-average discount rate
    		                            
      asset class
    		                            
      equities
    		                     30,000,000 30,000,000      
      u.s. large cap equity
    		                     244,911,840,000,000 241,510,830,000,000      
      international equities
    		                     3,506,162,681,172,000,000 3,521,142,747,157,000,000      
      global equities
    		                     17,728,000,000 327,613,000,000      
      u.s. smid cap equity
    		                     7,804,780,000,000 9,874,987,000,000      
      fixed income securities
    		                     50,000,000 50,000,000      
      corporate
    		                     5,834,265,834,000,000 8,163,338,163,000,000      
      government
    		                     4,872,223,345,000,000 4,674,193,454,000,000      
      mortgage-backed and other
    		                     6,263,125,000,000 6,032,129,000,000      
      alternative investments
    		                     157,370,000,000 37,720,000,000      
      total u.s. plan assets
    		                     22,057,100,000,000 24,933,100,000,000      
      total international plan assets
    		                     1,320,100,000,000 1,206,100,000,000      
      certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy but are included in the total.
    		                            
      receivables, less allowances of 218 and 178
    		                       7,575,000,000     
      spare parts, supplies and fuel, less allowances of 225 and 218
    		                       517,000,000     
      liabilities and stockholders’ investment
    		                            
      pension, postretirement healthcare and other benefit obligations
    		                       5,845,000,000 3,586,000,000 3,704,000,000 3,813,000,000  
      deferred lease obligations
    		                       547,000,000 741,000,000 882,000,000 797,000,000  
      deferred gains, principally related to aircraft transactions
    		                       145,000,000 208,000,000 215,000,000 221,000,000  
      receivables, less allowances of 155 and 176
    		                        5,197,000,000    
      spare parts, supplies and fuel, less allowances of 207 and 205
    		                        462,000,000    
      receivables, less allowances of 162 and 176
    		                         5,377,000,000   
      spare parts, supplies and fuel, less allowances of 202 and 205
    		                         458,000,000   
      receivables, less allowances of 173 and 176
    		                          4,990,000,000  
      spare parts, supplies and fuel, less allowances of 209 and 205
    		                          451,000,000  
      basic earnings per common share:
    		                            
      net earnings allocable to common shares
    		                           458,000,000 
      weighted-average common shares
    		                           315,000,000 
      basic earnings per common share
    		                           1,460,000 
      diluted earnings per common share:
    		                            
      dilutive effect of share-based awards
    		                           1,000,000 
      weighted-average diluted shares
    		                           316,000,000 
      diluted earnings per common share
    		                           1,450,000 
      anti-dilutive options excluded from diluted earnings per common share
    		                           13,900,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.