On June 23 (Eastern Time), FedEx reported its fourth-quarter financial results:
Revenue for the fourth fiscal quarter was $25 billion, up 13% year-over-year; adjusted earnings per share for the fourth fiscal quarter were $6.31, compared to $6.07 in the same period last year.
The company stated that its adjusted earnings per share guidance for calendar year 2026 is in the range of $16.90–$18.10, above the estimated $15 for 2025.
Through 2026, FedEx remains committed to returning capital to shareholders, including the previously announced 5% increase in the annual dividend on common stock (adjusted for the impact of the FedEx Freight spin-off). The company also plans to opportunistically repurchase up to $1 billion of its shares, utilizing ongoing balance sheet flexibility and free cash flow to offset dilution from equity-based compensation.
Raj Subramaniam, President and Chief Executive Officer of FedEx, said: “The FedEx team delivered outstanding results in a strong fiscal year, providing exceptional service to our customers and successfully executing our transformation initiatives. Our profit growth strategy is working. We are building a resilient global network, driving structural improvements, and succeeding in high-value growth markets. With the successful spin-off of FedEx Freight behind us, we are well positioned to begin a new chapter—delivering sustained growth while further optimizing our network, lowering service costs, creating meaningful long-term value, and generating robust free cash flow.”
