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?