Fedex Return on Equity (ROE) Growth & History (FDX)
Fedex's return on equity was 14.85% for fiscal 2026.
View full Fedex company overviewFedex annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | 14.85% | +0.14 pp |
| 2025 | 2025-05-31 | 14.70% | −1.43 pp |
| 2024 | 2024-05-31 | 16.14% | +0.57 pp |
| 2023 | 2023-05-31 | 15.57% | −0.01 pp |
| 2022 | 2022-05-31 | 15.58% | −9.06 pp |
| 2021 | 2021-05-31 | 24.64% | +17.50 pp |
| 2020 | 2020-05-31 | 7.13% | +4.23 pp |
| 2019 | 2019-05-31 | 2.91% | −22.86 pp |
| 2018 | 2018-05-31 | 25.77% | +5.69 pp |
| 2017 | 2017-05-31 | 20.08% | +7.43 pp |
| 2016 | 2016-05-31 | 12.65% | +5.71 pp |
| 2015 | 2015-05-31 | 6.94% | −7.29 pp |
| 2014 | 2014-05-31 | 14.22% | −2.68 pp |
| 2013 | 2013-05-31 | 16.91% | +3.34 pp |
| 2012 | 2012-05-31 | 13.57% | +3.57 pp |
| 2011 | 2011-05-31 | 10.00% | +1.37 pp |
| 2010 | 2010-05-31 | 8.63% | +7.94 pp |
| 2009 | 2009-05-31 | 0.69% | — |
Fedex quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | 5.20% | −0.82 pp |
| Q3 2026 | 2026-02-28 | 3.64% | +0.23 pp |
| Q2 2026 | 2025-11-30 | 3.42% | +0.66 pp |
| Q1 2026 | 2025-08-31 | 2.95% | +0.05 pp |
| Q4 2025 | 2025-05-31 | 6.02% | +0.55 pp |
| Q3 2025 | 2025-02-28 | 3.42% | +0.11 pp |
| Q2 2025 | 2024-11-30 | 2.76% | −0.61 pp |
| Q1 2025 | 2024-08-31 | 2.90% | −1.20 pp |
| Q4 2024 | 2024-05-31 | 5.46% | −0.59 pp |
| Q3 2024 | 2024-02-29 | 3.31% | +0.15 pp |
| Q2 2024 | 2023-11-30 | 3.38% | +0.18 pp |
| Q1 2024 | 2023-08-31 | 4.10% | +0.60 pp |
| Q4 2023 | 2023-05-31 | 6.05% | +3.80 pp |
| Q3 2023 | 2023-02-28 | 3.16% | −1.34 pp |
| Q2 2023 | 2022-11-30 | 3.20% | −1.04 pp |
| Q1 2023 | 2022-08-31 | 3.49% | −1.09 pp |
| Q4 2022 | 2022-05-31 | 2.26% | −5.84 pp |
| Q3 2022 | 2022-02-28 | 4.50% | +0.35 pp |
| Q2 2022 | 2021-11-30 | 4.24% | −1.82 pp |
| Q1 2022 | 2021-08-31 | 4.59% | −2.01 pp |
| Q4 2021 | 2021-05-31 | 8.10% | +9.89 pp |
| Q3 2021 | 2021-02-28 | 4.15% | +2.47 pp |
| Q2 2021 | 2020-11-30 | 6.05% | +3.01 pp |
| Q1 2021 | 2020-08-31 | 6.59% | +2.45 pp |
| Q4 2020 | 2020-05-31 | −1.80% | +8.66 pp |
| Q3 2020 | 2020-02-29 | 1.68% | −2.09 pp |
| Q2 2020 | 2019-11-30 | 3.04% | −1.82 pp |
| Q1 2020 | 2019-08-31 | 4.15% | −0.18 pp |
| Q4 2019 | 2019-05-31 | −10.46% | −16.34 pp |
| Q3 2019 | 2019-02-28 | 3.77% | −7.77 pp |
| Q2 2019 | 2018-11-30 | 4.86% | +0.26 pp |
| Q1 2019 | 2018-08-31 | 4.33% | +0.68 pp |
| Q4 2018 | 2018-05-31 | 5.88% | −0.64 pp |
| Q3 2018 | 2018-02-28 | 11.54% | +7.76 pp |
| Q2 2018 | 2017-11-30 | 4.60% | −0.28 pp |
| Q1 2018 | 2017-08-31 | 3.65% | −1.47 pp |
| Q4 2017 | 2017-05-31 | 6.53% | +7.02 pp |
| Q3 2017 | 2017-02-28 | 3.78% | +0.32 pp |
| Q2 2017 | 2016-11-30 | 4.88% | +0.32 pp |
| Q1 2017 | 2016-08-31 | 5.12% | +0.55 pp |
| Q4 2016 | 2016-05-31 | −0.50% | +5.28 pp |
| Q3 2016 | 2016-02-29 | 3.46% | −0.52 pp |
| Q2 2016 | 2015-11-30 | 4.57% | +0.24 pp |
| Q1 2016 | 2015-08-31 | 4.57% | +0.27 pp |
| Q4 2015 | 2015-05-31 | −5.77% | −10.89 pp |
| Q3 2015 | 2015-02-28 | 3.98% | +1.31 pp |
| Q2 2015 | 2014-11-30 | 4.32% | +1.14 pp |
| Q1 2015 | 2014-08-31 | 4.30% | +1.17 pp |
| Q4 2014 | 2014-05-31 | 5.11% | −3.59 pp |
| Q3 2014 | 2014-02-28 | 2.67% | +0.39 pp |
| Q2 2014 | 2013-11-30 | 3.18% | +0.31 pp |
| Q1 2014 | 2013-08-31 | 3.13% | +0.04 pp |
| Q4 2013 | 2013-05-31 | 8.70% | +5.19 pp |
| Q3 2013 | 2013-02-28 | 2.28% | −0.93 pp |
| Q2 2013 | 2012-11-30 | 2.87% | −0.28 pp |
| Q1 2013 | 2012-08-31 | 3.09% | +0.09 pp |
| Q4 2012 | 2012-05-31 | 3.51% | −0.19 pp |
| Q3 2012 | 2012-02-29 | 3.21% | +1.64 pp |
| Q2 2012 | 2011-11-30 | 3.14% | +1.17 pp |
| Q1 2012 | 2011-08-31 | 3.00% | +0.29 pp |
| Q4 2011 | 2011-05-31 | 3.71% | +0.74 pp |
| Q3 2011 | 2011-02-28 | 1.57% | −0.11 pp |
| Q2 2011 | 2010-11-30 | 1.97% | −0.50 pp |
| Q1 2011 | 2010-08-31 | 2.71% | +1.39 pp |
| Q4 2010 | 2010-05-31 | 2.97% | — |
| Q3 2010 | 2010-02-28 | 1.67% | — |
| Q2 2010 | 2009-11-30 | 2.47% | — |
| Q1 2010 | 2009-08-31 | 1.32% | — |
Fedex return on equity trends
Over the last five fiscal years, Fedex's return on equity decreased from 24.64% to 14.85%, a change of −9.79 percentage points. The latest reported quarter, Q4 2026, shows 5.20%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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