FedEx Corporation (FDX) Gross Margin: 26.38%
Is FedEx Corporation’s gross margin high or low?
FedEx Corporation's gross margin of 26.38% is 18% above its 5-year average of 22.28%, near the high end of its 5-year range (21.23%–26.38%).
As of Wednesday, June 24, 2026. 9.96% above its 12-month average of 23.99%.
FDX Gross Margin Chart
Reported annual fiscal-period values; no daily interpolation.
FDX Average Gross Margin Chart
FDX Current vs Average Gross Margin Chart
FDX Gross Margin Metrics
GROSS MARGIN
26.38%
GROSS MARGIN AVG TTM
23.99%
GROSS MARGIN AVG 3Y
22.71%
GROSS MARGIN AVG 5Y
22.28%
GROSS MARGIN AVG 10Y
22.00%
GROSS MARGIN AVG 15Y
21.28%
GROSS MARGIN AVG 20Y
21.33%
CURRENT VS TTM AVG
+9.96%
CURRENT VS 3Y AVG
+16.15%
CURRENT VS 5Y AVG
+18.43%
CURRENT VS 10Y AVG
+19.88%
CURRENT VS 15Y AVG
+23.97%
CURRENT VS 20Y AVG
+23.67%
FDX Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $75.60B | 26.38% | 23.99% | 22.71% | 22.28% |
| Illinois Tool Works Inc. (ITW)vs › | $75.27B | 44.12% | 43.88% | 42.30% | 41.61% |
| TransDigm Group Incorporated (TDG)vs › | $73.98B | 59.02% | 59.49% | 58.60% | 56.44% |
| Emerson Electric Co. (EMR)vs › | $80.17B | 52.66% | 51.81% | 49.57% | 47.39% |
| Comfort Systems USA, Inc. (FIX)vs › | $68.55B | 25.13% | 22.57% | 20.52% | 19.92% |
| Norfolk Southern Corporation (NSC)vs › | $68.50B | 45.31% | 36.74% | 33.43% | 34.60% |
| Cintas Corporation (CTAS)vs › | $67.54B | 50.36% | 49.44% | 48.11% | 47.45% |
| 3M Company (MMM)vs › | $84.41B | 39.51% | 40.28% | 40.80% | 43.11% |
| CSX Corporation (CSX)vs › | $86.07B | 37.54% | 35.56% | 36.96% | 38.67% |
| Johnson Controls International plc (JCI)vs › | $86.20B | 36.56% | 35.81% | 35.26% | 34.71% |
Gross Margin Analysis
Gross Margin
26.4%
(Revenue - COGS) / Revenue
FedEx Corporation Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FedEx Corporation Gross Margin FAQ
- What is the gross margin for FedEx Corporation (FDX)?
- The gross margin for FDX stock is 26.38%.
- Is FedEx Corporation's gross margin high or low?
- FedEx Corporation's gross margin of 26.38% is 18% above its 5-year average of 22.28%, near the high end of its 5-year range (21.23%–26.38%).
- What is the TTM average gross margin for FedEx Corporation (FDX)?
- The TTM average gross margin for FDX stock is 23.99%.
- What is the 3Y average gross margin for FedEx Corporation (FDX)?
- The 3Y average gross margin for FDX stock is 22.71%.
- What is the 5Y average gross margin for FedEx Corporation (FDX)?
- The 5Y average gross margin for FDX stock is 22.28%.
- What is the 10Y average gross margin for FedEx Corporation (FDX)?
- The 10Y average gross margin for FDX stock is 22.00%.
- What is the 15Y average gross margin for FedEx Corporation (FDX)?
- The 15Y average gross margin for FDX stock is 21.28%.
- What is the 20Y average gross margin for FedEx Corporation (FDX)?
- The 20Y average gross margin for FDX stock is 21.33%.
FedEx Corporation Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-05-31 | 26.38% |
| 2025-05-31 | 21.60% |
| 2024-05-31 | 21.61% |
| 2023-05-31 | 21.26% |
| 2022-05-31 | 21.57% |
| 2021-05-31 | 21.23% |
| 2020-05-31 | 19.28% |
| 2019-05-31 | 21.27% |
| 2018-05-31 | 21.55% |
| 2017-05-31 | 22.82% |
| 2016-05-31 | 23.48% |
| 2015-05-31 | 22.65% |
| 2014-05-31 | 20.57% |
| 2013-05-31 | 20.06% |
| 2012-05-31 | 20.41% |
| 2011-05-31 | 19.82% |
| 2010-05-31 | 19.70% |
| 2009-05-31 | 19.95% |
| 2008-05-31 | 21.75% |
| 2007-05-31 | 22.81% |
| 2006-05-31 | 23.22% |
| 2005-05-31 | 22.79% |
| 2004-05-31 | 84.48% |
| 2003-05-31 | 83.96% |
| 2002-05-31 | 82.72% |
| 2001-05-31 | 83.19% |
| 2000-05-31 | 83.14% |
| 1999-05-31 | 91.67% |
| 1998-05-31 | 91.90% |
| 1997-05-31 | 47.75% |
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