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FDX's Operating Income Growth by Quarter and Year
Fedex's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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FDX Operating Income (in millions $) |
FY 2024 |
FY 2023 |
FY 2022 |
FY 2021 |
IV Quarter |
May |
-
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1,503.00
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1,924.00
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1,797.00
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III Quarter |
February |
-
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1,042.00
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1,326.00
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1,005.00
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II Quarter |
November |
1,276.00
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1,176.00
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1,597.00
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1,465.00
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I Quarter |
August |
1,485.00
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1,191.00
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1,398.00
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1,590.00
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FY |
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2,761.00
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4,912.00
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6,245.00
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5,857.00
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FDX Operating Income second quarter 2024 Y/Y Growth Comment |
Fedex Corporation reported Operating Income growth of 8.5% year on year in the second quarter 2024, to $ 1,276.00 millions, this is lower than Fedex Corporation's recent average Operating Income improvement of 32.79%.
According to the results reported in the second quarter 2024, Fedex Corporation achieved the best Operating Income growth in Transport & Logistics industry. While Fedex Corporation' s Operating Income increase of 8.5% ranks overall at the positon no. 7 in the second quarter 2024.
Explain Operating Income growth
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FDX Operating Income ( Y/Y Growth %) |
2024
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2023 |
2022 |
2021 |
IV Quarter |
May |
- |
-21.88 % |
7.07 % |
278.32 % |
III Quarter |
February |
- |
-21.42 % |
31.94 % |
144.53 % |
II Quarter |
November |
8.5 % |
-26.36 % |
9.01 % |
164.44 % |
I Quarter |
August |
24.69 % |
-14.81 % |
-12.08 % |
62.74 % |
FY |
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- |
-21.35 % |
6.62 % |
142.33 % |
FDX Operating Income (Quarter on Quarter Growth %) |
2024
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2023 |
2022 |
2021 |
IV Quarter |
May |
- |
44.24 % |
45.1 % |
78.81 % |
III Quarter |
February |
- |
-11.39 % |
-16.97 % |
-31.4 % |
II Quarter |
November |
-14.07 % |
-1.26 % |
14.23 % |
-7.86 % |
I Quarter |
August |
-1.2 % |
-38.1 % |
-22.2 % |
234.74 % |
FY (Year on Year) |
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- |
-21.35 % |
6.62 % |
142.33 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
908.68 % |
32.79 % |
-88.42 % |
(Nov. 30. 2010) |
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(Nov. 30. 2009) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
908.68 % |
32.79 % |
-88.42 % |
(Nov. 30. 2010) |
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(Nov. 30. 2009) |
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Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024 |
Fedex's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
234.74 % |
8.85 % |
-76.79 % |
(Aug 31 2020) |
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FDX's II. Quarter Q/Q Operating Income Comment |
In the II. Quarter 2024 Fedex Corporation disclosed drop in Operating Income from the previous quarter by -14.07% to $ 1,276.00 millions, from $ 1,485.00 millions declared a quarter before.
This is not important issue, as Fedex's Operating Income generally tend to slow in the II. Quarter Rose Green, market contributor from Houston wrote.
Within Transport & Logistics industry Fedex Corporation achieved highest sequential Operating Income growth. While Fedex's Operating Income growth quarter on quarter, overall rank is 6. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
234.74 % |
8.85 % |
-76.79 % |
(Aug 31 2020) |
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FDX's II. Quarter Q/Q Operating Income Comment |
In the II. Quarter 2024 Fedex Corporation realized drop in Operating Income from the first quarter by -14.07% to $ 1,276.00 millions, from $ 1,485.00 millions declared in the previous quarter.
This is not huge problem, as II. Quarter Operating Income generally tend to slow in this quarter.
Within Transport & Logistics industry Fedex Corporation achieved highest sequential Operating Income growth. While Fedex's Operating Income growth quarter on quarter, overall rank is 6. |
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Fedex's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Nov 30 2023) |
12 Months Ending (Aug 31 2023) |
12 Months Ending (May 31 2023) |
12 Months Ending (Feb 28 2023) |
12 Months Ending (Nov 30 2022) |
Cumulative Operating Income 12 Months Ending |
$ 5,306.00 |
$ 5,206.00 |
$ 4,912.00 |
$ 5,333.00 |
$ 5,617.00 |
Y / Y Operating Income Growth (TTM) |
-5.54 % |
-13.78 % |
-21.35 % |
-12.83 % |
-3.11 % |
Year on Year Operating Income Growth Overall
Ranking |
# 6 |
# 1 |
# 30 |
# 756 |
# 0 |
Seqeuential Operating Income Change (TTM) |
1.92 % |
5.99 % |
-7.89 % |
-5.06 % |
-6.97 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 7 |
# 1 |
# 33 |
# 1296 |
# 0 |
Cumulative Operating Income growth
Comment |
Fedex showed decline, but improvement compare to trailing twelve month Operating Income decrease in Aug 31 2023. If the fiscal year would end in Nov 30 2023, Fedex's annual Operating Income decline would be -5.54% year on year to $5,306 millions.
Fedex Corporation achieved highest trailing twelve month year on year Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 1 to 6. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
908.68 % |
32.79 % |
-88.42 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
908.68 % |
32.79 % |
-88.42 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 1 |
S&P 500 |
# 7 |
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Cumulative Operating Income growth
Comment |
Fedex showed decline, but improvement compare to trailing twelve month Operating Income decrease in Aug 31 2023. If the fiscal year would end in Nov 30 2023, Fedex's annual Operating Income drop would be -5.54% year on year to $5,306 millions.
Fedex Corporation achieved highest trailing twelve month year on year Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 1 to 6. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
908.68 % |
32.79 % |
-88.42 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
908.68 % |
32.79 % |
-88.42 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 1 |
S&P 500 |
# 7 |
Companies with similar Operating Income drop for the quarter ending Nov 30 2023 within Transportation Sector | Y/Y Change % | Operating Income for the quarter ending Nov 30 2023 | Fedex Corporation | 8.50% | $ 8.503 millions |
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