FedEx (XSWX:FDX) Pre-Tax Income: CHF4,577 Mil (TTM As of May. 2026)

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XSWX:FDX FedEx Corp XSWX:FDX
80 GF Score
Price CHF254.40
GF Value CHF196.28
! 6 Warning Signs
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What is FedEx Pre-Tax Income?

FedEx XSWX:FDX 80 Pre-Tax Income is CHF4,577 Mil as of May. 2026. GuruFocus rates XSWX:FDX with a GF Score™ of 80/100 and a GF Value™ of CHF196.28. The stock has 6 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. FedEx's pretax income for the three months ended in May. 2026 was CHF1,651 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2026 was CHF4,577 Mil. FedEx's pretax margin was 8.43%.

During the past 13 years, FedEx's highest Pretax Margin was 7.95%. The lowest was 0.94%. And the median was 6.07%.


FedEx  (XSWX:FDX) Pre-Tax Income Explanation

FedEx's Pretax Margin for the quarter that ended in May. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=1650.624/19590.484
=8.43%

During the past 13 years, FedEx's highest Pretax Margin was 7.95%. The lowest was 0.94%. And the median was 6.07%.

* 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 Pre-Tax Income Related Terms


FedEx Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for FedEx's Pre-Tax 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 Pre-Tax Income Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,024.62 4,800.04 4,814.37 5,303.76 4,515.49

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Pre-Tax 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 1,844.87 913.78 1,035.97 976.17 1,650.62

XSWX:FDX vs UPS, JBHT, FDXF: Pre-Tax Income Comparison

For the Integrated Freight & Logistics subindustry, FedEx's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where FedEx's Pre-Tax Income falls into.


XSWX:FDX
80GF Score
FedEx Corp XSWX:FDX
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

FedEx's Pretax Income for the fiscal year that ended in May. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=5005.957+-136.934+-654.791+301.254+0
=4,515

FedEx's Pretax Income for the quarter that ended in May. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1636.523+124.561+-110.459+0+-0.00099999999974898
=1,651

Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF4,577 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 Pre-Tax Income →
What does a Pre-Tax Income of CHF4,577 Mil mean?
FedEx (XSWX:FDX) has a Pre-Tax Income of CHF4,577 Mil as of May. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on FedEx and its competitors.
Is FedEx's Pre-Tax Income too high?
FedEx's current Pre-Tax Income is CHF4,577 Mil. Overall, FedEx has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's Pre-Tax Income compare to UPS and JBHT?
FedEx's Pre-Tax Income of CHF4,577 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 Pre-Tax Income for a Transportation company?
A good Pre-Tax Income depends on the Transportation industry context. However, Pre-Tax 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on FedEx and its competitors. FedEx's current Pre-Tax Income is CHF4,577 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 Pre-Tax Income of CHF4,577 Mil. The stock's GF Value™ is CHF196.28, compared to a current price of CHF254.40 — trading 29.6% above its estimated fair value. The current Pre-Tax Income is CHF4,577 Mil. FedEx's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For FedEx (XSWX:FDX), the current Pre-Tax Income is CHF4,577 Mil as of May. 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 CHF254.40 is trading 29.6% above its estimated GF Value™ of CHF196.28.

Key valuation signals for XSWX:FDX:

  • Pre-Tax Income: CHF4,577 Mil
  • GF Value™: CHF196.28 vs. price of CHF254.40 (29.6% above fair value)
  • GF Score™: 80/100 with 6 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.
80GF Score

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

CHF254.40
Price
CHF196.28
GF Value