FedEx vs GXO Logistics
FedEx reported revenue of $94.7 billion in fiscal 2026, 7.2 times GXO Logistics' $13.2 billion in fiscal 2025. FedEx's revenue grew 7.7% in its latest year, and GXO Logistics' grew 12.6%. FedEx had an operating margin of 5.8%, against 1.9% at GXO Logistics. Free cash flow was $5.1 billion at FedEx and $110 million at GXO Logistics. Their fiscal years end in different months (May 31 and December 31), so the periods don't line up exactly.
Side by side
| FedEx | GXO Logistics | |
|---|---|---|
| Latest fiscal year | FY2026, May 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $94.7B | $13.2B |
| Revenue growth | 7.7% | 12.6% |
| Revenue growth a year, last 5 years | 2.4% | 16.3% |
| Gross margin | — | — |
| Operating margin | 5.8% | 1.9% |
| Net margin | 4.7% | 0.2% |
| Free cash flow | $5.1B | $110M |
| Free cash flow margin | 5.4% | 0.8% |
| Return on capital | 9.3% | 2.3% |
| Net debt to EBITDA | 1.4x | 3.1x |
| Dividends and buybacks | $2.2B | $200M |
| Change in diluted share count | −1.6% | −2.9% |
| Last close | $300.58 | $49.31 |
| P/E at the last close | 16.2× | 43.6× |
| Insider trades, last 12 months | sold $20.2 million | bought $303,540, sold $0 |
| Piotroski F-score | 7 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
FedExGXO Logistics
Operating margin
Percent of revenue
FedExGXO Logistics
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
FedExGXO Logistics
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the FedEx and GXO Logistics pages.