FEDEX CORP Income Tax Expense 2008-2026 | FDX
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is FEDEX CORP's current income tax expense?
FEDEX CORP (FDX) annual income tax expense for 2025 was $1.35B, a 10.37% decline from 2024. FEDEX CORP income tax expense for the quarter ending February 28, 2026 was $207.0M.
What was FEDEX CORP's income tax expense in 2024?
FEDEX CORP annual income tax expense for 2024 was $1.50B, a 8.20% increase from 2023.
What was FEDEX CORP's income tax expense in 2023?
FEDEX CORP annual income tax expense for 2023 was $1.39B, a 30.00% increase from 2022.
What is FEDEX CORP's 5-year income tax expense CAGR?
FEDEX CORP income tax expense grew at a compound annual growth rate (CAGR) of 28.64% from FY2020 to FY2025, going from $383.0M to $1.35B over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+28.6%
FY2020
$383.0M
→
FY2025
$1.35B
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.35B | -10.4% | 10-K |
| FY2024 | $1.50B | +8.2% | 10-K |
| FY2023 | $1.39B | +30.0% | 10-K |
| FY2022 | $1.07B | -25.8% | 10-K |
| FY2021 | $1.44B | +276.8% | 10-K |
| FY2020 | $383.0M | +233.0% | 10-K |
| FY2019 | $115.0M | +152.5% | 10-K |
| FY2018 | $-219.0M | -113.8% | 10-K |
| FY2017 | $1.58B | +72.0% | 10-K |
| FY2016 | $920.0M | +59.4% | 10-K |
| FY2015 | $577.0M | -56.7% | 10-K |
| FY2014 | $1.33B | -17.8% | 10-K |
| FY2013 | $1.62B | +46.3% | 10-K |
| FY2012 | $1.11B | +36.4% | 10-K |
| FY2011 | $813.0M | +14.5% | 10-K |
| FY2010 | $710.0M | +22.6% | 10-K |
| FY2009 | $579.0M | -35.0% | 10-K |
| FY2008 | $891.0M | - | 10-K |