FedEx Corporation (FDX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 55.08% | 41.63% | 41.62% | 41.84% | 42.00% | 53.30% | 53.86% | 54.23% | 54.74% | 43.17% | 42.55% | 42.27% | 42.12% | 66.73% | 67.08% | 66.89% | 63.02% | 63.23% | 59.54% | 56.03% |
| Operating profit margin | 6.39% | 6.34% | 6.08% | 5.92% | 5.49% | 5.80% | 6.01% | 6.42% | 6.73% | 6.76% | 6.56% | 6.63% | 7.08% | 5.76% | 5.27% | 4.24% | 3.49% | 4.68% | 5.43% | 6.27% |
| Pretax margin | 6.71% | 6.84% | 6.62% | 6.41% | 5.99% | 4.26% | 4.57% | 4.88% | 5.27% | 7.54% | 7.35% | 7.64% | 8.06% | 4.75% | 4.17% | 3.19% | 2.41% | -0.81% | -0.08% | 0.79% |
| 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% |
Based on the data provided for FedEx Corporation's profitability ratios, we can observe the following trends:
1. Gross Profit Margin: There has been significant fluctuation in the gross profit margin over the period under review. The margin has ranged from a low of 41.62% to a high of 67.08%. Overall, the trend shows some variability but has generally been above 40%, indicating the company's ability to generate profit after accounting for the cost of goods sold.
2. Operating Profit Margin: The operating profit margin has also shown variability, ranging from 3.49% to 7.08%. The margins have generally been in the low to mid single digits, with some fluctuations over time. This ratio indicates the efficiency of the company in generating profits from its core operations.
3. Pretax Margin: The pretax margin has varied between -0.81% and 8.06%, with some notable fluctuations. The margin measures the company's ability to generate profits before accounting for taxes and reflects both operational performance and financial management.
4. Net Profit Margin: The net profit margin has shown variability, ranging from -0.50% to 6.32%. This ratio represents the company's ability to generate profit after all expenses, including taxes. The trend indicates fluctuations but generally positive margins, reflecting the company's ability to control costs and manage its finances effectively.
In conclusion, while FedEx Corporation has shown fluctuating profitability ratios over the period under review, the company has generally maintained positive margins across gross profit, operating profit, pretax profit, and net profit. This suggests a certain level of financial stability despite the variability in performance metrics.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.39% | 6.40% | 6.03% | 5.94% | 5.64% | 6.22% | 6.56% | 7.04% | 7.26% | 7.27% | 6.88% | 6.90% | 7.08% | 5.48% | 4.86% | 3.90% | 3.29% | 4.65% | 5.37% | 6.39% |
| Return on assets (ROA) | 4.98% | 5.10% | 4.87% | 4.77% | 4.56% | 3.49% | 3.89% | 4.18% | 4.45% | 6.11% | 5.84% | 6.21% | 6.32% | 3.66% | 3.02% | 2.30% | 1.75% | -0.50% | 0.11% | 0.66% |
| Return on total capital | 20.15% | 20.88% | 19.82% | 19.62% | 18.83% | 21.56% | 23.29% | 24.02% | 25.04% | 24.94% | 23.24% | 23.29% | 24.23% | 20.63% | 18.73% | 15.57% | 13.21% | 12.84% | 14.82% | 17.70% |
| Return on equity (ROE) | 15.70% | 16.66% | 16.02% | 15.73% | 15.23% | 12.10% | 13.82% | 14.28% | 15.34% | 20.94% | 19.71% | 20.96% | 21.64% | 13.78% | 11.65% | 9.18% | 7.03% | -1.85% | 0.40% | 2.48% |
FedEx Corporation's profitability ratios have shown varying trends over the past few quarters. The Operating return on assets (Operating ROA) has ranged from 5.64% to 7.27% with a current value of 6.39%, indicating the company's ability to generate operating income relative to its total assets. The Return on assets (ROA) has fluctuated between 1.75% and 6.32%, currently standing at 4.98%, reflecting the company's overall profitability in generating net income from its assets.
The Return on total capital has ranged from 12.84% to 25.04%, with the current value at 20.15%, indicating the company's ability to generate returns for both debt and equity holders. The Return on equity (ROE) has fluctuated between 7.03% and 21.64%, currently at 15.70%, reflecting the company's ability to generate profits for its shareholders based on their invested equity.
Overall, FedEx Corporation's profitability ratios suggest that the company has maintained profitability and efficiency in utilizing its assets and capital to generate returns for its stakeholders.