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Fedex Corporation  (FDX)
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Fedex's ROI from its second quarter of 2024 to the second quarter of 2023 and 5 Year Period

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

What is Fedex's ROI in the second quarter of 2024?
Fedex Corporation achieved a return on average invested assets (ROI) of 8.67 % in its second quarter of 2024, this is above FDX's average return on investment of 6.96%.
Fedex Corporations investments during the 12 months ending in the second quarter of 2024 are valued at $49 billion

Despite the deterioration in its net income, company has improved ROI compared to the first quarter of 2024.

Within the Transportation sector 9 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Nov 30 2023 quarter, so far to 612, from total ROI ranking in the first quarter of 2024 at 871.

Definition and Formula of Return on Investment


Return On Investment (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 Investment Change 3.12 % -31.03 % 0.21 % -30.64 % -
Y / Y Net Income Change 14.21 % 23.2 % 175.63 % -30.67 % -24.52 %
Investment (TTM) in Millions 49,813 49,700 49,671 48,634 48,306
Return On Investment (TTM) 8.67 % 8.51 % 7.27 % 5.48 % 5.55 %
FDX's Overall Ranking # 612 # 871 # 1052 # 1896 # 938
Seq. Investment Change 0.23 % 0.06 % 2.13 % 0.68 % -32.97 %
Seq. Net Income Change -16.51 % -29.91 % 99.48 % -2.16 % -9.94 %
Net Income (TTM) in Millions 4,287 4,175 3,972 2,992 3,333




Return On Investment FDX's Ranking
Within: No.
Industry # 4
Sector # 10
Overall # 612

Return On Investment Statistics
High Average Low
16.44 %
6.96 %
-1.24 %
(Sep. 30, 2015)   (Nov. 30. 2009)



  News about Fedex Corporation

Robert B. Carter, the Visionary Architect Behind FedEx's Digital Transformation, Bids Farewell, Leaving an Indelible Mark on the Logistics Industry

FedEx EVP/CIO Robert B. Carter Leaves a Legacy of Innovation and Transformation at FedEx
MEMPHIS, Tenn. - After an illustrious career spanning 31 years at FedEx Corp. (NYSE: FDX), Robert B. Carter, the Executive Vice President of FedEx Information Services and CIO, FedEx Corporation and co-President and co-CEO of FedEx Services, has announced his retirement. Recognized for his exceptional leadership and visionary contributions, Carter will step down from his current roles effective June 30, 2024. However, he will continue to provide valuable insights and guidance as a senior advisor until December 31, 2024, ensuring a seamless transition.
During his tenure at FedEx, Carter has played a pivotal role in spearheading cutting-edge technologies and digital transformation strategies that have revolutionized the company's operations and customer experiences. His relentless pursuit of innovation has elevated FedEx to new heights in the logistics industry.

Silvia Davila, a Leader in Latin America for Danone S.A., Joins FedEx Board of Directors to Drive Growth and Inclusion

Silvia Davila, Regional President of Latin America at Danone S.A., Joins FedEx Board of Directors
Memphis, Tenn. ? FedEx Corporation (NYSE: FDX) has recently announced the appointment of Silvia Davila to its Board of Directors. Ms. Davila currently serves as the regional president of Latin America at Danone S.A., overseeing operations in Mexico as well as all categories in the Latin America region. She brings a wealth of experience in financial and digital transformations, with a strong focus on achieving consistent growth. Additionally, she has been instrumental in promoting diversity and inclusion within her previous roles.
FedEx Corporation, a leading global transportation and logistics company, attained a return on average invested assets (ROI) of 8.67% in the second quarter of 2024. This figure surpasses the company's average ROI of 6.96%, indicating a significant improvement in its investment returns. Despite a decline in net income, FedEx's ROI has shown progress compared to the first quarter of 2024.






Financial Statements
Fedex's II. Quarter Investments $ 49,813 Millions FDX's Balance sheet
Fedex's II. Quarter Income $ 900 Millions Quarterly FDX's Income Statement
FDX's Income by Division See FDX's Income by Division


FDX Annual Return On Investment (May 31 2023)
2023
(May 31 2022)
2022
(May 31 2021)
2021
(May 31 2020)
2020
(May 31 2019)
2019
Total Investments in Millions 49,671 49,569 69,117 63,193 45,390
Y / Y Investment Growth 0.21 % -28.28 % 9.37 % 39.22 % 6.29 %
Net Income in Millions 3,972 3,826 5,231 1,286 540
Y / Y Net Income Growth 3.82 % -26.86 % 306.77 % 138.15 % -88.19 %
Annual Return On Investment 8 % 7.72 % 7.57 % 2.04 % 1.19 %


Annual Roi Comment
In the fiscal year 2023 ROI improved to 8 % compared to the prior year, due to net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Transport & Logistics Industry Roi Trends and Statistics
Transportation Sector Return On Investment Statistics
Roi Trends for overall market
FDX's Roi Ratio versus Transport & Logistics Industry, Transportation Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for FDX's Competitors
Roi for Fedex's Suppliers
Return On Investment for FDX's Customers

Other Ratios
FDX's Roa FDX's Inventory Turnover Ratio FDX's Growth Rates FDX's Dividend Statistics
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 Investment at Nov 30 2023, within Transportation Sector ROI
Forward Air Corporation  18.92 %
Dorian Lpg Ltd   18.39 %
Ardmore Shipping Corp  17.78 %
Teekay Corporation  16.73 %
Polaris Inc   16.35 %
Delta Air Lines Inc   15.13 %
Arcbest Corporation  13.90 %
J b Hunt Transport Services Inc   13.32 %
United Parcel Service Inc   13.06 %
C h Robinson Worldwide Inc   11.68 %
Union Pacific Corp  10.26 %
Fedex Corporation  8.67 %
Marten Transport Ltd  8.07 %
Csx Corporation  7.86 %
The Greenbrier Companies Inc   7.20 %
Overseas Shipholding Group Inc   6.61 %
Star Bulk Carriers Corp   6.50 %
Latam Airlines Group S a   6.48 %
Covenant Logistics Group Inc   6.45 %
Safe Bulkers Inc   6.02 %
Westinghouse Air Brake Technologies Corporation  5.47 %
Schneider National Inc   5.33 %
Canadian Pacific Kansas City Ltd  5.24 %
Norfolk Southern Corporation  4.89 %
Sun Country Airlines Holdings Inc   4.86 %
Unique Logistics International Inc   4.76 %
Pangaea Logistics Solutions Ltd   4.23 %
Werner Enterprises Inc   3.98 %
Pam Transportation Services Inc  3.06 %
Sfl Corporation Ltd   3.04 %


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



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