CSIMarket
 


Fedex Corporation  (FDX)
Other Ticker:  
 

Fedex's ROE per quarter

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


What is ROE for Fedex in the second quarter 2024?
Fedex Corporation achieved a return on average equity (ROE) of 16.47 % in its second quarter 2024, this is above FDX's average return on equity of 12.61%.
Fedex Corporations equity during the 12 months ending in the second quarter 2024 are valued at $26 billion

While the company's net income was fading, Fedex was able to improve its ROE compared to the first quarter 2024.

Within the Transport & Logistics industry 2 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 58, from total ROE ranking in the first quarter 2024 at 758.

What is ROE?



Return On Equity (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 Equity Change 10.99 % 5.54 % 4.61 % 0.84 % -
Y / Y Net Income Change 14.21 % 23.2 % 175.63 % -30.67 % -24.52 %
Net Income (TTM) in Millions 4,287 4,175 3,972 2,992 3,333
Return On Equity (TTM) 16.47 % 16.46 % 15.88 % 12.1 % 13.5 %
FDX's Total Ranking # 58 # 758 # 916 # 1149 # 756
Equity (TTM) in Millions 26,766 26,534 26,088 24,733 24,115
Seq. Equity Change 0.87 % 1.71 % 5.48 % 2.56 % -4.08 %
Seq. Net Income Change -16.51 % -29.91 % 99.48 % -2.16 % -9.94 %

Return On Equity Company Ranking
Within: No.
Industry # 3
Sector # 18
Overall # 58

Return On Equity Statistics
High Average Low
26.02 %
12.61 %
-1.9 %
(Feb 28 2018)   (Feb 29 2020)





FDX Annual Return On Equity (May 31 2023)
2023
(May 31 2022)
2022
(May 31 2021)
2021
(May 31 2020)
2020
(May 31 2019)
2019
Total Equity in Millions 26,088 24,939 24,168 18,295 17,757
Y / Y Equity Change 4.61 % 3.19 % 32.1 % 3.03 % -8.54 %
Net Income in Millions 3,972 3,826 5,231 1,286 540
Y / Y Net Income Change 3.82 % -26.86 % 306.77 % 138.15 % -88.19 %
Return On Equity 15.23 % 15.34 % 21.64 % 7.03 % 3.04 %





Annual Roe Comment
In 2023 ROE fell to 15.23 %, despite net income growth.


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




Companies with similar Return On Equity at Nov 30 2023, within Transportation Sector ROE
Polaris Inc   41.54 %
Torm Plc  38.89 %
United Parcel Service Inc   35.04 %
Dorian Lpg Ltd   33.19 %
Csx Corporation  30.52 %
Teekay Corporation  28.74 %
Landstar System Inc   26.73 %
Forward Air Corporation  24.00 %
C h Robinson Worldwide Inc   23.25 %
Ardmore Shipping Corp  21.74 %
Unique Logistics International Inc   19.66 %
J b Hunt Transport Services Inc   18.40 %
Overseas Shipholding Group Inc   17.84 %
Brink s Co  16.56 %
Fedex Corporation  16.47 %
Arcbest Corporation  16.02 %
Norfolk Southern Corporation  14.40 %
Covenant Logistics Group Inc   14.27 %
Sun Country Airlines Holdings Inc   13.78 %
Star Bulk Carriers Corp   10.45 %
Trinity Industries Inc  10.07 %
Safe Bulkers Inc   9.76 %
Canadian Pacific Kansas City Ltd  9.50 %
Marten Transport Ltd  9.48 %
The Greenbrier Companies Inc   8.94 %
Schneider National Inc   8.10 %
Sfl Corporation Ltd   8.08 %
Westinghouse Air Brake Technologies Corporation  8.00 %
Pangaea Logistics Solutions Ltd   7.75 %
Werner Enterprises Inc   7.48 %


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