ValueQ3, 24Q4, 24Q1, 25Q2, 25TTMSelling/general/admin expenses31 M39 M56 M43 M169 MResearch & development—————Operating income1.29 B1.79 B1.19 B1.38 B5.65 BNon-Operating Income, Total-111 M430 M-52 M-89 M178 MInterest expense, net of interest capitalized18 M————Non-Operating Income, excl. Interest Expenses-152 M440 M-59 M-88 M141 MUnusual income/expense23 M-10 M7 M-1 M19 MPretax income1.18 B2.22 B1.13 B1.29 B5.83 BEquity in earnings—————Taxes272 M575 M310 M333 M1.49 BNon-controlling/minority interest—————After tax other income/expense-764 M-803 M-718 M-719 M-3 BNet income before discontinued operations909 M1.65 B824 M956 M4.34 BDiscontinued operations—————Net income909 M1.65 B824 M956 M4.34 BDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders909 M1.65 B823 M954 M4.33 BBasic earnings per share (Basic EPS)3.796.873.484.0718.21Diluted earnings per share (Diluted EPS)3.756.813.464.0418.06Average basic shares outstanding242 M241 M236 M236 M955 MDiluted shares outstanding244 M243 M238 M237 M962 MEBITDA18.13 B18.01 B17.95 B18.95 B73.04 BEBIT17.06 B16.96 B16.86 B17.89 B68.76 BCost of revenue1.67 B1.67 B1.72 B1.78 B6.83 BOther cost of goods sold1.67 B1.67 B1.72 B1.78 B6.83 BDepreciation & amortization (cash flow)1.07 B1.06 B1.09 B1.07 B4.28 B
FedEx Corporation
FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services. The company is headquartered in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of its original air division, Federal Express, which operated under this name from 1973 until 1994.
FedEx is best known for its delivery service, as well as FedEx Express, FedEx Ground, FedEx Office, FedEx Supply Chain, FedEx Freight, and several other services through a network of subsidiaries. These expansions have often been strategic moves to compete with its primary rival, UPS.
The company's air shipping operations are centralized at its primary hub at Memphis International Airport, making it a critical hub for global logistics.