10-KPeriod: FY2008

FEDEX CORP Annual Report, Year Ended May 31, 2008

Filed July 16, 2008For Securities:FDX

Summary

This 10-K filing for FedEx Corp. (FDX) covers the fiscal year ended May 30, 2008. As a large accelerated filer, FedEx's report provides a comprehensive overview of its business operations, financial condition, and risk factors for investors. The filing indicates a significant market capitalization of approximately $28.5 billion as of November 30, 2007, with over 311 million shares outstanding as of July 14, 2008. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) and the Consolidated Financial Statements sections for in-depth insights into the company's performance and financial health during this period.

Financial Highlights

22 data points
Beta

Revenue

$37.95B

Net Income

$1.13B

3.0% Net Margin

EPS (Diluted)

$3.60

Cash & Equivalents

$1.54B

Free Cash Flow

$3.46B

Financial Statements
Beta
Revenue$37.95B
Operating Income$2.08B
Interest Expense$98.00M
Net Income$1.13B
EPS (Basic)$3.64
EPS (Diluted)$3.60

Key Highlights

  • 1FedEx is classified as a large accelerated filer, signifying substantial public float and adherence to rigorous SEC reporting standards.
  • 2The aggregate market value of common stock held by non-affiliates was approximately $28.5 billion as of November 30, 2007.
  • 3As of July 14, 2008, FedEx had 311,187,628 shares of common stock outstanding.
  • 4The report details various sections including Business, Risk Factors, Properties, Legal Proceedings, and Executive Officers.
  • 5Key financial information is presented in Part II, including Market for Registrant's Common Equity, Selected Financial Data, and Management's Discussion and Analysis of Results of Operations and Financial Condition.
  • 6The filing incorporates by reference portions of the definitive proxy statement for the 2008 annual meeting of stockholders, scheduled for September 29, 2008.
  • 7The Financial Section includes Management's Discussion and Analysis, Consolidated Financial Statements, and Other Financial Information.

Frequently Asked Questions

This filing indicates that FedEx Corp. is engaged in various business operations, which are detailed in Item 1. Business. While the specific details are not within the provided excerpt, investors can find information on their services, logistics, and express transportation.

Detailed financial performance and condition information is primarily located in Part II, specifically under Item 6. Selected Financial Data and Item 7. Management's Discussion and Analysis of Results of Operations and Financial Condition. The Financial Section also contains Consolidated Financial Statements and other related financial information.

Item 1A. Risk Factors is dedicated to outlining the potential risks and uncertainties that could materially affect FedEx Corp.'s business, financial condition, or results of operations. Investors should review this section for a comprehensive understanding of these risks.

The 2008 annual meeting of stockholders is scheduled for September 29, 2008. Portions of the definitive proxy statement for this meeting are incorporated by reference in Part III of this Form 10-K.