CSIMarket
 


Fedex Corporation  (FDX)
Other Ticker:  
 


Fedex's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Fedex's ROA in the second quarter of 2024?
Fedex Corporation achieved a return on average assets (ROA) of 4.92 % in its second quarter of 2024, which is below Fedex's average return on assets, which stands at 5.26%.

Despite the company's net income deteriorating, Fedex was able to improve its ROA compared to the first quarter of 2024.

However, within the Transportation sector 21 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Nov 30 2023 quarter, so far to 873, from total ROA ranking in the first quarter of 2024 at 1196.

What is ROA?


Return On Assets (Nov 30 2023)
II. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Total Assets Change 2.87 % 2.04 % 1.34 % 1.98 % 1.6 %
Y / Y Net Income Change 14.21 % 23.2 % 175.63 % -30.67 % -24.52 %
Net Income (TTM) in million 4,287 4,175 3,972 2,992 3,333
Return On Assets (TTM) 4.92 % 4.83 % 4.61 % 3.49 % 3.9 %
FDX's Total Ranking # 873 # 1196 # 1280 # 1571 # 1782
Total Assets (TTM) in million 88,051 87,576 87,143 85,775 85,591
Seq. Total Assets Change 0.54 % 0.5 % 1.59 % 0.21 % -0.27 %
Seq. Net Income Change -16.51 % -29.91 % 99.48 % -2.16 % -9.94 %



Return On Assets Company Ranking
Within: No.
Industry # 7
Sector # 22
Overall # 871

Return On Assets Statistics
High Average Low
9.5 %
5.26 %
-1.02 %
(Nov 30 2018)   (Nov. 30. 2009)





Financial Statements
Fedex's Assets $ 88,051 million FDX's Balance sheet
Fedex's Income $ 900 million Quarterly FDX's Income Statement
FDX's Income by Division See FDX's Income by Division



Annual Return On Assets (May 31 2023)
FY 2023
(May 31 2022)
FY 2022
(May 31 2021)
FY 2021
(May 31 2020)
FY 2020
(May 31 2019)
FY 2019
Y / Y Total Assets Change 1.34 % 3.89 % 12.57 % 35.17 % 3.96 %
Total Assets in million 87,143 85,994 82,777 73,537 54,403
Y / Y Net Income Change 3.82 % -26.86 % 306.77 % 138.15 % -88.19 %
Net Income in million 3,972 3,826 5,231 1,286 540
Return On Assets 4.56 % 4.45 % 6.32 % 1.75 % 0.99 %




Comment on FDX's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 4.56 % compared to prior year, due to annual net income growth of 3.82 % to $3,972.00 million, while value of Fedex's overall assets grew just by 1.34 % to $87,143.00 million, compared to $87,143.00 a year before.


More Return On Assets Ratios
FDX's' Return on Assets at Yahoo Finance
Transport & Logistics Industry Return On Assets Trends and Statistics
Transportation Sector Roa Statistics
Roa Trends for overall market
FDX's Roa Ratio versus Transport & Logistics Industry, Transportation Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for FDX's Competitors
Roa for Fedex's Suppliers
Return On Assets for FDX's Customers

You may also want to know
FDX's Roi FDX's Inventory Turnover Ratio FDX's Growth Rates FDX's Dividend Comparisons
FDX's Profitability Ratios FDX's Asset Turnover Ratio FDX's Dividend Growth
FDX's Roe FDX's Valuation Ratios FDX's Financial Strength Ratios FDX's Dividend Payout Ratio



Companies with similar Return On Assets at Nov 30 2023, within Transportation Sector ROA
Forward Air Corporation  10.17 %
Union Pacific Corp  9.60 %
Polaris Inc   9.52 %
United Parcel Service Inc   9.46 %
Csx Corporation  8.90 %
J b Hunt Transport Services Inc   8.84 %
Arcbest Corporation  8.00 %
Marten Transport Ltd  7.09 %
Covenant Logistics Group Inc   6.34 %
Delta Air Lines Inc   6.28 %
C h Robinson Worldwide Inc   6.04 %
Safe Bulkers Inc   5.77 %
Star Bulk Carriers Corp   5.73 %
Overseas Shipholding Group Inc   5.68 %
Schneider National Inc   5.28 %
Canadian Pacific Kansas City Ltd  5.00 %
Fedex Corporation  4.92 %
Norfolk Southern Corporation  4.54 %
Sun Country Airlines Holdings Inc   4.48 %
Westinghouse Air Brake Technologies Corporation  4.37 %
Latam Airlines Group S a   3.96 %
Pangaea Logistics Solutions Ltd   3.95 %
Werner Enterprises Inc   3.57 %
The Greenbrier Companies Inc   3.18 %
Unique Logistics International Inc   2.75 %
Pam Transportation Services Inc  2.50 %
Globus Maritime Limited  2.28 %
Sfl Corporation Ltd   2.25 %
Eagle Bulk Shipping Inc   1.93 %
Knight swift Transportation Holdings Inc   1.79 %


Date modified: 2023-12-21T15:08:59+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com