FedEx Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $65.45B | $60.32B | $50.37B | $47.45B | $45.57B | $44.29B | $42.68B | $39.30B |
| FedEx Express | $36.21B | $33.26B | $26.45B | $27.24B | $27.14B | $27.16B | $26.52B | $24.64B |
| FedEx Ground | $18.38B | $18.06B | $16.58B | $12.98B | $11.62B | $10.58B | $9.57B | $8.48B |
| FedEx Freight | $6.83B | $6.45B | $6.21B | $6.19B | $5.76B | $5.41B | $5.27B | $4.90B |
| Corporate Eliminations and Other | $4.03B | $2.55B | $1.13B | $1.04B | $1.05B | $1.14B | $1.32B | $1.28B |
| Cost of Revenue | $15.10B | $13.63B | — | — | — | — | — | — |
| Gross Profit | $50.35B | $46.69B | — | — | — | — | — | — |
| Gross Margin | 76.9% | 77.4% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $4.27B | $4.57B | $3.08B | $1.87B | $3.82B | $4.43B | $3.19B | $2.38B |
| Operating Margin | 6.5% | 7.6% | 6.1% | 3.9% | 8.4% | 10.0% | 7.5% | 6.1% |
| Interest Expense | $558.0M | $512.0M | $336.0M | $235.0M | $160.0M | $82.0M | $52.0M | $86.0M |
| Pretax Income | $4.35B | $4.58B | $2.74B | $1.63B | $3.66B | $4.34B | $3.14B | $2.27B |
| Income Tax Expense | $-219.0M | $1.58B | $920.0M | $577.0M | $1.33B | $1.62B | $1.11B | $813.0M |
| Net Income | $4.57B | $3.00B | $1.82B | $1.05B | $2.32B | $2.72B | $2.03B | $1.45B |
| Net Margin | 7.0% | 5.0% | 3.6% | 2.2% | 5.1% | 6.1% | 4.8% | 3.7% |
| EPS (Basic) | $17.08 | $11.24 | $6.59 | $3.70 | $7.56 | $8.61 | $6.44 | $4.61 |
| EPS (Diluted) | $16.79 | $11.07 | $6.51 | $3.65 | $7.48 | $8.55 | $6.41 | $4.57 |
| Shares Outstanding (Basic) | 267.0M | 266.0M | 276.0M | 283.0M | 307.0M | 315.0M | 315.0M | 315.0M |
| Shares Outstanding (Diluted) | 272.0M | 270.0M | 279.0M | 287.0M | 310.0M | 317.0M | 317.0M | 317.0M |
| Dividends Per Share | $2.00 | $1.60 | $1.00 | $0.80 | $0.60 | $0.56 | $0.52 | $0.48 |