Company
FedEx Corporation
Headquarters: Memphis, TN, United States
Founded: May 5, 1971
Employees: 384,000
CEO: Mr. Frederick W. Smith
Market Cap
$61.88 Billion
USD as of Jan. 1, 2024
FedEx Corporation Categories
United States Industrials Integrated Freight & LogisticsUnited States Industrials United States Integrated Freight & Logistics
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.
Top Competitors by Market Capitalization
Industry: Integrated Freight & Logistics
| Company | Market Cap (USD) |
|---|---|
| UPS | $134.21 B |
| DHL Group | $58.13 B |
| Kuehne + Nagel International AG | $42.45 B |
| DSV PANALPINA A-S | $38.06 B |
| J.B. Hunt Transport Services, Inc. | $19.80 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
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.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
FedEx Corporation has the following listings and related stock indices.
Stock: NYSE: FDX wb_incandescent
Stock: BCBA: FDXD wb_incandescent
Stock: BCBA: FDX wb_incandescent
Stock: BMV: FDX wb_incandescent
Stock: Bovespa: FDXB34 wb_incandescent
Stock: FSX: FDX wb_incandescent
Stock: XETR: FDX wb_incandescent
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)
Financials
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)