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FedEx (BSP:FDXB34) Pretax Margin % : 5.44% (As of Feb. 2024)


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What is FedEx Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FedEx's Pre-Tax Income for the three months ended in Feb. 2024 was R$5,869 Mil. FedEx's Revenue for the three months ended in Feb. 2024 was R$107,840 Mil. Therefore, FedEx's pretax margin for the quarter that ended in Feb. 2024 was 5.44%.

The historical rank and industry rank for FedEx's Pretax Margin % or its related term are showing as below:

BSP:FDXB34' s Pretax Margin % Range Over the Past 10 Years
Min: 0.94   Med: 5.7   Max: 8.03
Current: 6.78


BSP:FDXB34's Pretax Margin % is ranked worse than
51.23% of 972 companies
in the Transportation industry
Industry Median: 6.955 vs BSP:FDXB34: 6.78

FedEx Pretax Margin % Historical Data

The historical data trend for FedEx's Pretax Margin % 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 Pretax Margin % Chart

FedEx Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 2.41 7.95 5.24 5.95

FedEx Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Pretax Margin % 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 4.61 9.70 6.56 5.42 5.44

Competitive Comparison of FedEx's Pretax Margin %

For the Integrated Freight & Logistics subindustry, FedEx's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where FedEx's Pretax Margin % falls into.



FedEx Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

FedEx's Pretax Margin for the fiscal year that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2023 )/Revenue (A: May. 2023 )
=26714.712/449089.102
=5.95 %

FedEx's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=5868.745/107840.044
=5.44 %

* 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  (BSP:FDXB34) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


FedEx Pretax Margin % Related Terms

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FedEx (BSP:FDXB34) 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. 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.

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