FedEx Corporation

Headquarters: Memphis, TN, United States

Founded: May 5, 1971

Employees: 384,000

CEO: Mr. Frederick W. Smith

NYSE: FDX +1.79%

Market Cap

$61.88 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

FedEx Corporation is a multinational delivery services company. A contraction of the former “Federal Express” brand name, FedEx provides overnight courier service, ground and air freight, logistics services, office services, and various other associated services in the United States, Canada, and the Caribbean region.

FedEx Corporation market capitalization over time

Evolution of FedEx Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of FedEx Corporation

Detailed Description

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border e-commerce technology and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2021, this segment had approximately 29,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office function services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and an array of document and business services, and retail access to its customers for its package transportation businesses. The company was founded in 1971 and is based in Memphis, Tennessee.

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Product & Services

Post delivery, express mail, freight forwarding, third-party logistics

Key People

Founder(s): Frederick W. Smith

Frederick W. Smith (Chairman and CEO) Raj Subramaniam (President and COO) Mike Lenz (CFO)


Revenue: US$83.959 billion (2021)

Operating income: US$5.857 billion (2021)

Net income: US$5.231 billion (2021)

Total assets: US$82.777 billion (2021)

Total equity: US$24.168 billion (2021)



942 South Shady Grove Road

Memphis, TN 38120

United States

Phone: 901 818 7500