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Revenue breakdown by Products & Services
Revenue breakdown by Geography

FedEx Corporation's Revenue by Segment

In fiscal year 2024, FedEx Corporation's revenue by segment (products & services) are as follows:

  • Fedex Express Segment: $22.29B
  • Fedex Freight Segment: $266.00M
  • Fedex Ground Segment: $844.00M
  • Fedex Services Segment: $1,000.00
  • Other International Revenue: $760.00M

Learn more about FedEx Corporation’s Revenue by Geography

Check out competitors to FedEx Corporation in a side-by-side comparison.

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The above chart shows FedEx Corporation's revenue percentage share by segment (products and services).

In fiscal year 2022, FedEx Corporation's revenue by segment is as follows:

  • Corporate, Other and Eliminations generated $3.97B in revenue, representing 4.41% of its total revenue.
  • FedEx Express generated $42.74B in revenue, representing 47.41% of its total revenue.
  • FedEx Freight generated $9.63B in revenue, representing 10.68% of its total revenue.
  • FedEx Ground generated $33.51B in revenue, representing 37.17% of its total revenue.
  • FedEx Services generated $301.00M in revenue, representing 0.33% of its total revenue.

The biggest segment for FedEx Corporation is the FedEx Express, which represents 47.41% of its total revenue.
The smallest segment for FedEx Corporation is the FedEx Services, which represents 0.33% of its total revenue.

The above chart shows FedEx Corporation's revenue percentage share by segment (products and services).

In fiscal year 2023, FedEx Corporation's revenue by segment is as follows:

  • Corporate, Other and Eliminations generated $3.24B in revenue, representing 3.69% of its total revenue.
  • FedEx Express generated $40.86B in revenue, representing 46.59% of its total revenue.
  • FedEx Freight generated $9.08B in revenue, representing 10.36% of its total revenue.
  • FedEx Ground generated $34.26B in revenue, representing 39.06% of its total revenue.
  • FedEx Services generated $260.00M in revenue, representing 0.3% of its total revenue.

The biggest segment for FedEx Corporation is the FedEx Express, which represents 46.59% of its total revenue.
The smallest segment for FedEx Corporation is the FedEx Services, which represents 0.3% of its total revenue.

The above chart shows FedEx Corporation's revenue percentage share by segment (products and services).

In fiscal year 2024, FedEx Corporation's revenue by segment is as follows:

  • Fedex Express Segment generated $22.29B in revenue, representing 92.26% of its total revenue.
  • Fedex Freight Segment generated $266.00M in revenue, representing 1.1% of its total revenue.
  • Fedex Ground Segment generated $844.00M in revenue, representing 3.49% of its total revenue.
  • Fedex Services Segment generated $1,000.00 in revenue, representing 0% of its total revenue.
  • Other International Revenue generated $760.00M in revenue, representing 3.15% of its total revenue.

The biggest segment for FedEx Corporation is the Fedex Express Segment, which represents 92.26% of its total revenue.
The smallest segment for FedEx Corporation is the Fedex Services Segment, which represents 0% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
FedEx Express 47.41% 46.59% -
FedEx Services 0.33% 0.3% -
Corporate, Other and Eliminations 4.41% 3.69% -
FedEx Freight 10.68% 10.36% -
FedEx Ground 37.17% 39.06% -
Fedex Express Segment - - 92.26%
Other International Revenue - - 3.15%
Fedex Ground Segment - - 3.49%
Fedex Freight Segment - - 1.1%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of FedEx Corporation.

In fiscal year 2024, the Fedex Express Segment generated the most revenue ($22.29B), and the Fedex Services Segment generated the least revenue ($1,000.00).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Corporate, Other and Eliminations revenue decreased -100% ($3.24B) from $3.24B (in 2023) to $0.00 (in 2024).
  • FedEx Express revenue decreased -100% ($40.86B) from $40.86B (in 2023) to $0.00 (in 2024).
  • Fedex Express Segment revenue increased 100% ($22.29B) from $0.00 (in 2023) to $22.29B (in 2024).
  • FedEx Freight revenue decreased -100% ($9.08B) from $9.08B (in 2023) to $0.00 (in 2024).
  • Fedex Freight Segment revenue increased 100% ($266.00M) from $0.00 (in 2023) to $266.00M (in 2024).
  • FedEx Ground revenue decreased -100% ($34.26B) from $34.26B (in 2023) to $0.00 (in 2024).
  • Fedex Ground Segment revenue increased 100% ($844.00M) from $0.00 (in 2023) to $844.00M (in 2024).
  • FedEx Services revenue decreased -100% ($260.00M) from $260.00M (in 2023) to $0.00 (in 2024).
  • Fedex Services Segment revenue increased 100% ($1,000.00) from $0.00 (in 2023) to $1,000.00 (in 2024).
  • Other International Revenue revenue increased 100% ($760.00M) from $0.00 (in 2023) to $760.00M (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Corporate, Other and Eliminations $3.97B - $3.24B
    18.48%
    - -
    FedEx Express $42.74B - $40.86B
    4.41%
    - -
    Fedex Express Segment - - - - $22.29B -
    FedEx Freight $9.63B - $9.08B
    5.71%
    - -
    Fedex Freight Segment - - - - $266.00M -
    FedEx Ground $33.51B - $34.26B
    2.24%
    - -
    Fedex Ground Segment - - - - $844.00M -
    FedEx Services $301.00M - $260.00M
    13.62%
    - -
    Fedex Services Segment - - - - $1.00M -
    Other International Revenue - - - - $760.00M -
    Total Revenue $90.16B - $87.69B
    2.73%
    $24.16B
    72.45%