|
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
Select the Comparisons :
|
|
Select the Ratio:
|
Return on Investment ROI▼
|
Return on Investment ROI▼
|
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 |
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, 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.
|
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 % |
|