FedEx (XSWX:FDX) Net Income: CHF3,616 Mil (TTM As of Feb. 2026)


XSWX:FDX FedEx Corp XSWX:FDX
81 GF Score
Price CHF250.85
GF Value CHF187.41
! 8 Warning Signs
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What is FedEx Net Income?

FedEx XSWX:FDX -0.54% 81 Net Income is CHF3,616 Mil as of Feb. 2026. GuruFocus rates XSWX:FDX with a GF Score™ of 81/100 and a GF Value™ of CHF187.41. The stock has 8 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. FedEx's Net Income for the three months ended in Feb. 2026 was CHF816 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2026 was CHF3,616 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. FedEx's Earnings per Share (Diluted) for the three months ended in Feb. 2026 was CHF3.41.


FedEx  (XSWX:FDX) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

FedEx's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


FedEx Net Income Related Terms


FedEx Net Income Historical Data

* Premium members only.

The historical data trend for FedEx's Net Income 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.

FedEx Net Income Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,246.39 4,722.02 3,751.01 3,565.66 3,936.01

FedEx Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 821.19 1,367.68 663.98 768.34 816.18
XSWX:FDX
81GF Score
FedEx Corp XSWX:FDX
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

FedEx's Net Income for the fiscal year that ended in May. 2024 is calculated as

Net Income(A: May. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5303.757+-1367.744+0+0
=3,936

FedEx's Net Income for the quarter that ended in Feb. 2026 is calculated as

Net Income(Q: Feb. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=976.173+-159.99+0+-0.00099999999997635
=816

Net Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,616 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of CHF3,616 Mil mean?
FedEx (XSWX:FDX) has a Net Income of CHF3,616 Mil as of Feb. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on FedEx and its competitors.
Is FedEx's Net Income too high?
FedEx's current Net Income is CHF3,616 Mil. Overall, FedEx has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's Net Income compare to UPS and JBHT?
FedEx's Net Income of CHF3,616 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Transportation company?
A good Net Income depends on the Transportation industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on FedEx and its competitors. FedEx's current Net Income is CHF3,616 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
FedEx (XSWX:FDX) has a current Net Income of CHF3,616 Mil. The stock's GF Value™ is CHF187.41, compared to a current price of CHF250.85 — trading 33.9% above its estimated fair value. The current Net Income is CHF3,616 Mil. FedEx's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For FedEx (XSWX:FDX), the current Net Income is CHF3,616 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FedEx (XSWX:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of CHF250.85 is trading 33.9% above its estimated GF Value™ of CHF187.41.

Key valuation signals for XSWX:FDX:

  • Net Income: CHF3,616 Mil
  • GF Value™: CHF187.41 vs. price of CHF250.85 (33.9% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the XSWX:FDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FedEx Business Description

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. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems 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, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
81GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF250.85
Price
CHF187.41
GF Value