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FedEx (FDX) Fuel Expense for Air Freight (USD Mil)

: 1,140.00 (As of Feb. 2024)
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Fuel expenses is one of the biggest operating expenses in the air freight industry.

FedEx's Fuel Expense for Air Freight (USD Mil) for the quarter that ended in Feb. 2024 was 1,140.00 , which lower from pervious quarter (Nov. 2023)'s result by 14.16%.

FedEx's Fuel Expense for Air Freight (USD Mil) for the annual that ended in May. 2023 was 5,909.00 , which higher from pervious year (May. 2022)'s result by 15.52%.

The historical rank and industry rank for FedEx's Fuel Expense for Air Freight (USD Mil) or its related term are showing as below:

FDX's Fuel Expense for Air Freight (USD Mil) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fuel Expense for Air Freight (USD Mil) only.

FedEx Fuel Expense for Air Freight (USD Mil) Historical Data

The historical data trend for FedEx's Fuel Expense for Air Freight (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FedEx Annual Data
Trend May19 May20 May21 May22 May23
Fuel Expense for Air Freight (USD Mil)
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FedExQuarterly Data
Trend May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Fuel Expense for Air Freight (USD Mil)
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Competitive Comparison

For the Integrated Freight & Logistics subindustry, FedEx's Fuel Expense for Air Freight (USD Mil), along with its competitors' market caps and Fuel Expense for Air Freight (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FedEx  (NYSE:FDX) Fuel Expense for Air Freight (USD Mil) Explanation

Fuel expenses typically represent around 20-30 percent of an airline’s total expenses, which is one of the biggest operating expenses in the air freight industry. Any fluctuation in fuel price will respectively affect the financial position of airlines.


FedEx (FDX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (NYSE:FDX) » Definitions » Fuel Expense for Air Freight (USD Mil)
Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
Executives
John W Dietrich officer: EVP CHIEF FINANCIAL OFF
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Erwin Guy M Ii officer: STAFF VP INT PRIN ACCT OFFICER 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Jennifer L Johnson officer: CVP PRIN ACCT OFFICER 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Michael C. Lenz officer: EVP CHIEF FINANCIAL OFF 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Robert B Carter officer: EVP CHIEF INFO OFFICER 942 S SHADY GROVE RD, MEMPHIS TN 38120
Tracy B Brightman officer: EVP - Chief People Officer 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Stephen E Gorman director 370 KNOLLWOOD STREET, SUITE 500, WINSTON SALEM NC 27103
Susan C Schwab director 2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith officer: President/CEO FedEx Express 3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
Frederick W Smith director, officer: CHAIRMAN OF THE BOARD 942 S SHADY GROVE RD, MEMPHIS TN 38120
Brie Carere officer: EVP/Chief Mkt & Comm Officer 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
R Brad Martin director
Paul S Walsh director 8 HENRIETTA PLACE, LONDON X0 94111

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