EBITDA Margin: 12.34%
Is the EBITDA margin high or low?
The EBITDA margin of 12.34% is in line with its 5-year average of 11.39%, around the middle of its 5-year range (7.84%–16.73%).
As of Thursday, June 25, 2026. 6.10% above its 12-month average of 11.63%.
FDX EBITDA Margin
Reported quarterly EBITDA margin; no daily interpolation.
FDX Average EBITDA Margin Chart
FDX Current vs Average EBITDA Margin Chart
FDX EBITDA Margin Metrics
EBITDA MARGIN
12.34%
EBITDA MARGIN AVG TTM
11.63%
EBITDA MARGIN AVG 3Y
11.68%
EBITDA MARGIN AVG 5Y
10.67%
EBITDA MARGIN AVG 10Y
11.51%
EBITDA MARGIN AVG 15Y
12.01%
EBITDA MARGIN AVG 20Y
12.05%
CURRENT VS TTM AVG
+6.10%
CURRENT VS 3Y AVG
+5.65%
CURRENT VS 5Y AVG
+15.60%
CURRENT VS 10Y AVG
+7.18%
CURRENT VS 15Y AVG
+2.69%
CURRENT VS 20Y AVG
+2.41%
FDX Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $77.76B | 12.34% | 11.63% | 11.68% | 10.67% |
| Emerson Electric Co. (EMR)vs › | $79.22B | 26.86% | 24.95% | 25.77% | 23.98% |
| Illinois Tool Works Inc. (ITW)vs › | $75.86B | 28.98% | 30.55% | 29.22% | 28.45% |
| TransDigm Group Incorporated (TDG)vs › | $74.27B | 51.73% | 49.88% | 48.20% | 45.88% |
| CSX Corporation (CSX)vs › | $85.59B | 41.63% | 45.14% | 47.75% | 50.35% |
| Comfort Systems USA, Inc. (FIX)vs › | $69.88B | 15.87% | 13.75% | 11.16% | 10.38% |
| 3M Company (MMM)vs › | $86.53B | 23.45% | 26.42% | 10.54% | 16.33% |
| Cintas Corporation (CTAS)vs › | $68.40B | 27.65% | 26.98% | 26.12% | 25.20% |
| Johnson Controls International plc (JCI)vs › | $87.13B | 13.36% | 12.78% | 11.23% | 11.77% |
| Norfolk Southern Corporation (NSC)vs › | $68.24B | 48.03% | 46.66% | 44.10% | 45.27% |
Margin Comparison
Gross Margin
26.4%
EBITDA Margin
12.3%
Operating Margin
5.8%
Net Margin
4.7%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EBITDA Margin FAQ
- What is the EBITDA margin for FedEx Corporation (FDX)?
- The EBITDA margin for FDX stock is 12.34%.
- Is FedEx Corporation's EBITDA margin high or low?
- The EBITDA margin of 12.34% is in line with its 5-year average of 11.39%, around the middle of its 5-year range (7.84%–16.73%).
- What is the TTM average EBITDA margin for FedEx Corporation (FDX)?
- The TTM average EBITDA margin for FDX stock is 11.63%.
- What is the 3Y average EBITDA margin for FedEx Corporation (FDX)?
- The 3Y average EBITDA margin for FDX stock is 11.68%.
- What is the 5Y average EBITDA margin for FedEx Corporation (FDX)?
- The 5Y average EBITDA margin for FDX stock is 10.67%.
- What is the 10Y average EBITDA margin for FedEx Corporation (FDX)?
- The 10Y average EBITDA margin for FDX stock is 11.51%.
- What is the 15Y average EBITDA margin for FedEx Corporation (FDX)?
- The 15Y average EBITDA margin for FDX stock is 12.01%.
- What is the 20Y average EBITDA margin for FedEx Corporation (FDX)?
- The 20Y average EBITDA margin for FDX stock is 12.05%.
FDX EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2026-05-31 | 12.34% |
| 2026-02-28 | 9.90% |
| 2025-11-30 | 10.04% |
| 2025-08-31 | 10.54% |
| 2025-05-31 | 15.32% |
| 2025-02-28 | 10.66% |
| 2024-11-30 | 9.77% |
| 2024-08-31 | 10.28% |
| 2024-05-31 | 14.60% |
| 2024-02-29 | 10.79% |
| 2023-11-30 | 10.55% |
| 2023-08-31 | 11.92% |
| 2023-05-31 | 15.08% |
| 2023-02-28 | 9.81% |
| 2022-11-30 | 9.78% |
| 2022-08-31 | 9.98% |
| 2022-05-31 | 7.84% |
| 2022-02-28 | 10.68% |
| 2021-11-30 | 10.81% |
| 2021-08-31 | 11.80% |
| 2021-05-31 | 16.73% |
| 2021-02-28 | 10.20% |
| 2020-11-30 | 12.33% |
| 2020-08-31 | 14.06% |
| 2020-05-31 | 4.51% |
| 2020-02-29 | 8.48% |
| 2019-11-30 | 9.37% |
| 2019-08-31 | 11.80% |
| 2019-05-31 | -8.72% |
| 2019-02-28 | 11.27% |
| 2018-11-30 | 11.97% |
| 2018-08-31 | 11.85% |
| 2018-05-31 | 13.32% |
| 2018-02-28 | 10.80% |
| 2017-11-30 | 12.38% |
| 2017-08-31 | 12.07% |
| 2017-05-31 | 14.98% |
| 2017-02-28 | 11.89% |
| 2016-11-30 | 12.97% |
| 2016-08-31 | 13.60% |
| 2016-05-31 | 1.16% |
| 2016-02-29 | 12.07% |
| 2015-11-30 | 14.37% |
| 2015-08-31 | 14.59% |
| 2015-05-31 | -6.34% |
| 2015-02-28 | 13.78% |
| 2014-11-30 | 13.94% |
| 2014-08-31 | 14.02% |
| 2014-05-31 | 15.50% |
| 2014-02-28 | 11.44% |
| 2013-11-30 | 12.93% |
| 2013-08-31 | 13.01% |
| 2013-05-31 | 9.15% |
| 2013-02-28 | 11.28% |
| 2012-11-30 | 11.79% |
| 2012-08-31 | 12.18% |
| 2012-05-31 | 11.89% |
| 2012-02-29 | 12.84% |
| 2011-11-30 | 12.26% |
| 2011-08-31 | 24.56% |
| 2011-05-31 | 13.15% |
| 2011-02-28 | 23.17% |
| 2010-11-30 | 9.99% |
| 2010-08-31 | 11.63% |
| 2010-05-31 | 11.26% |
| 2010-02-28 | 10.21% |
| 2009-11-30 | 12.20% |
| 2009-08-31 | 10.08% |
| 2009-05-31 | -5.90% |
| 2009-02-28 | 24.20% |
| 2008-11-30 | 27.42% |
| 2008-08-31 | 24.32% |
| 2008-05-31 | 40.68% |
| 2008-02-29 | -1.00% |
| 2007-11-30 | 0.45% |
| 2007-08-31 | 1.12% |
| 2007-05-31 | 14.44% |
| 2007-02-28 | 12.69% |
| 2006-11-30 | 14.22% |
| 2006-08-31 | 13.84% |
| 2006-05-31 | 13.77% |
| 2006-02-28 | 13.79% |
| 2005-11-30 | 14.54% |
| 2005-08-31 | 12.38% |
| 2005-05-31 | 7.30% |
| 2005-02-28 | 12.54% |
| 2004-11-30 | 12.50% |
| 2004-08-31 | 4.24% |
| 2004-05-31 | 12.38% |
| 2004-02-29 | 11.12% |
| 2003-11-30 | 4.39% |
| 2003-08-31 | 4.59% |
| 2003-05-31 | 13.57% |
| 2003-02-28 | 25.39% |
| 2002-11-30 | -16.90% |
| 2002-08-31 | -19.03% |
Related Metrics
About FedEx Corporation
FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, technological, and e-commerce transportation services. FedEx Ground focuses on reliable, scheduled delivery services for both commercial clients and individual households. The FedEx Freight unit manages less-than-truckload (LTL) cargo shipments, supported by a significant infrastructure that, as of May 31, 2022, included approximately 30,000 vehicles and 400 service centers. FedEx Services provides essential internal support functions across the company, such as sales, marketing, information technology, communications, customer and technical assistance, billing, collections, and other vital administrative operations. Finally, the Corporate, Other, and Eliminations segment broadens FedEx's offerings to include integrated supply chain management, specialized transportation, customs brokerage, global ocean and air freight forwarding, document and business services, and convenient retail access points for its package delivery operations. Established in 1971, FedEx Corporation maintains its headquarters in Memphis, Tennessee.
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- CEO
- Rajesh Subramaniam