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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.

Explore additional financial metrics for FedEx Corporation.

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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:

  • Fedex Express Segment generated $25.56B in revenue, representing 89.48% of its total revenue.
  • Fedex Freight Segment generated $235.00M in revenue, representing 0.82% of its total revenue.
  • Fedex Ground Segment generated $857.00M in revenue, representing 3% of its total revenue.
  • Fedex Services Segment generated $1,000.00 in revenue, representing 0% of its total revenue.
  • Other International Revenue generated $1.91B in revenue, representing 6.7% of its total revenue.

The biggest segment for FedEx Corporation is the Fedex Express Segment, which represents 89.48% of its total revenue.
The smallest segment for FedEx Corporation is the Fedex Services Segment, which represents 0% 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:

  • Fedex Express Segment generated $23.09B in revenue, representing 91.39% of its total revenue.
  • Fedex Freight Segment generated $264.00M in revenue, representing 1.04% of its total revenue.
  • Fedex Ground Segment generated $860.00M in revenue, representing 3.4% of its total revenue.
  • Fedex Services Segment generated $1,000.00 in revenue, representing 0% of its total revenue.
  • Other International Revenue generated $1.05B in revenue, representing 4.16% of its total revenue.

The biggest segment for FedEx Corporation is the Fedex Express Segment, which represents 91.39% of its total revenue.
The smallest segment for FedEx Corporation is the Fedex Services Segment, which represents 0% 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 Segment 89.48% 91.39% 92.26%
Fedex Freight Segment 0.82% 1.04% 1.1%
Fedex Ground Segment 3% 3.4% 3.49%
Other International Revenue 6.7% 4.16% 3.15%
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.

  • Fedex Express Segment revenue decreased -3.46% ($799.00M) from $23.09B (in 2023) to $22.29B (in 2024).
  • Fedex Freight Segment revenue increased 0.76% ($2.00M) from $264.00M (in 2023) to $266.00M (in 2024).
  • Fedex Ground Segment revenue decreased -1.86% ($16.00M) from $860.00M (in 2023) to $844.00M (in 2024).
  • Fedex Services Segment revenue increased 0% ($0.00) from $1,000.00 (in 2023) to $1,000.00 (in 2024).
  • Other International Revenue revenue decreased -27.62% ($290.00M) from $1.05B (in 2023) to $760.00M (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Fedex Express Segment $25.56B - $23.09B
    9.68%
    $22.29B
    3.46%
    Fedex Freight Segment $235.00M - $264.00M
    12.34%
    $266.00M
    0.76%
    Fedex Ground Segment $857.00M - $860.00M
    0.35%
    $844.00M
    1.86%
    Fedex Services Segment $1.00M - $1.00M - $1.00M -
    Other International Revenue $1.91B - $1.05B
    45.14%
    $760.00M
    27.62%
    Total Revenue $28.57B - $25.27B
    11.57%
    $24.16B
    4.37%