FedEx Corporation (FDX)
Net profit margin
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,331,000 | 4,395,000 | 4,287,000 | 4,175,000 | 3,972,000 | 2,992,000 | 3,333,000 | 3,589,000 | 3,826,000 | 5,136,000 | 4,916,000 | 5,098,000 | 5,231,000 | 3,029,000 | 2,452,000 | 1,786,000 | 1,286,000 | -349,000 | 75,000 | 450,000 |
| Revenue (ttm) | US$ in thousands | 86,948,000 | 86,820,000 | 87,251,000 | 87,900,000 | 89,461,000 | 91,930,000 | 93,402,000 | 94,062,000 | 92,823,000 | 90,497,000 | 88,366,000 | 85,455,000 | 82,773,000 | 78,752,000 | 74,723,000 | 71,484,000 | 69,211,000 | 69,660,000 | 69,189,000 | 69,689,000 |
| Net profit margin | 4.98% | 5.06% | 4.91% | 4.75% | 4.44% | 3.25% | 3.57% | 3.82% | 4.12% | 5.68% | 5.56% | 5.97% | 6.32% | 3.85% | 3.28% | 2.50% | 1.86% | -0.50% | 0.11% | 0.65% |
May 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,331,000K ÷ $86,948,000K
= 4.98%
The net profit margin of FedEx Corporation has shown fluctuations over the past few years, ranging from as low as -0.50% to as high as 6.32%. The fluctuations indicate changes in the company's ability to generate profits relative to its revenue.
There was a noticeable improvement in the net profit margin in the most recent quarter, reaching 5.06%, compared to the previous quarter's 4.98%. This suggests that the company was able to control its expenses more effectively or increase its revenue generation in the most recent period.
It is important to note that the net profit margin was negative in some periods, indicating that FedEx Corporation incurred losses during those times. This may be a result of various factors such as increased expenses, declining revenue, or other operational challenges.
Overall, analyzing the net profit margin of FedEx Corporation provides insights into the company's profitability performance over time and its ability to translate revenue into profits.