FedEx
Logistics · United States
FedEx moves packages and freight by air and road across more than 220 countries and territories through one integrated express network, and also runs print shops, customs and freight forwarding.
What makes it different
Contractors run more of its vehicles than FedEx does.
100KVehicles run by independent service providersFY2026
About 100,000 vehicles are owned or leased by independent service providers, against about 82,000 operated by FedEx itself.
How big it is
How big is FedEx?
$85.93BRevenueFY2026
17.6MPackages per dayFY2026
452KEmployeesFY2026
How it makes money FY2026
Mostly U.S. packages, plus a growing world.
- U.S. domestic packages64%$54.64B
- International export packages18%$15.56B
- Express freight7%$6.06B
- International domestic packages6%$4.72B
- Other6%
How the business works
Fly it, merge it, premium first.
- 1World's largest all-cargo fleet
- 2Air and ground into one network
- 3Premium B2B and healthcare
Folding the Ground company into Federal Express in 2024 lets air and ground packages share sorting and routes, which is how FedEx is cutting cost per package.
Who owns it
- Vanguard Capital Management6.81%
- BlackRock, Inc.6.55%
- The Estate of Frederick W. Smith5.96%
CEO: Rajesh Subramaniam
Who it competes with
Key moments
- 1971Federal Express is incorporated
- 1973First night of continuous operation
- 1978Initial public offering
- 1989Flying Tiger Line acquired
- 1994FedEx brand adopted and fedex.com launched
Sources
Every number on this page comes from FedEx's own reports.
Full profile
The rest of the story is in the app.
What FedEx tracks22 metrics
Average daily package volume
U.S. domestic average daily package volume
International export average daily package volume
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
United States
International
The full timeline20 moments
2004
2020
2026
FedEx vs UPSside by side
Revenue
Profit
People
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