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Overview of company

The FedEx strategy to compete collectively, operate collaboratively and innovate digitally provides a competitive advantage for our company. Our broad portfolio of services allows us to meet the needs of our customers, most of whom use services from two or more of our operating companies.

Revenue

FedEx has grown tremendously since its first night of operations in 1973. Now FedEx serves more than 220 countries and territories and continues to offer new products and services around the globe.

FedEx Express, FedEx Ground, FedEx Freight and FedEx Services show segment revenue. Other and eliminations includes revenue from FedEx Logistics, FedEx Office and FedEx Dataworks (including ShopRunner, Inc.).

Circular graph showing FedEx revenue by service type

This chart shows fiscal year 2023 revenue by percentage. Total revenue for fiscal year 2023 was $90.2B. Of that, FedEx Express earned $42.7B, which was 47% of the total. FedEx Ground earned $33.5B, which was 37% of the total. FedEx Freight earned $9.6B, which was 11% of the total. Other and eliminations earned $4.0B, which was 4% of the total.

Circular graph showing FedEx revenue by service type

FedEx portfolio bundle of services

Our portfolio of solutions creates a strong value proposition

96.5% of U.S. revenue comes from customers of two or more operating companies

We manage service offerings as a portfolio for the benefit of our customers and FedEx

Our independent operations enable optimal service quality, reliability and focus

Venn diagram showing bundled FedEx service revenue for FedEx Express, FedEx Ground and FedEx Freight U.S. service revenue in % Data as of October 2019 80.7% 15.6% 0.3% 1.4% 0.2% 1.4% 0.4%

This chart shows FedEx service revenue by percentage as of March 2023. Revenue from customers who only used FedEx Express totaled 1.0%. Revenue from customers who only used FedEx Ground totaled 0.5%. Revenue from customers who only used FedEx Freight totaled 2.0%. Revenue from customers who used FedEx Express and FedEx Ground totaled 15.5%. Revenue from customers who used FedEx Express and FedEx Freight totaled 0.2%. Revenue from customers who used FedEx Ground and FedEx Freight totaled 0.3%. Revenue from customers who used FedEx Express, FedEx Ground and FedEx Freight revenue totaled 80.6%.