The BusinessWeek 50 Ranking
39
FedEx
As the digital revolution took hold in the late 1990s, Memphis-based FedEx didn't sit by and wait for its overnight delivery business to be eroded by e-mail and other new technologies. It went on the offensive, snapping up major trucking outfits and extending its "just in time" service into heavier freight and package delivery. Last year, FedEx acquired the Kinko's chain to position itself as the shipping and printing service of choice for home-based entrepreneurs. So even as its overnight document business has slipped, FedEx' diversification paid off in spades: Profits doubled in 2004.
Company Info
| 2004 Rank | 206 |
| STOCK INFO | FDX |
| Market Value | $29.5 BILLION |
| Total Return | (1-yr.) 42.8%
(3-yr.) 70.6% |
| 2004 sales | $27.4 BILLION |
| Sales Growth | (1-yr.) 19%
(3-yr.) 10.4% |
| Net income | $1.3 BILLION |
| Net Income Growth | (1-yr.) 102%
(3-yr.) 24.7% |
| Net Margin* | 4.8% |
| Return on Equity* | 14.8% |
| Industry | TRANSPORTATION |
| CORPORATE WEB SITE | |
More in S&P 500 Companies Scoreboard >
*Trailing 12 months
Company data as of 2/28/05 provided by Standard & Poor's Compustat
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Company Snapshot
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce, and business services under the FedEx brand. The company operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Kinko's. FedEx Express segment delivers packages, documents, and freight to approximately 215 countries. It offers delivery within one to three business days through door to door, customs cleared service with money back guarantee. It also provides international trade services, specializing in customs brokerage and global cargo distribution. FedEx Ground segment provides business and residential money back guaranteed ground package delivery services. It serves customers in the small package market in North America, focusing primarily on business and residential delivery of packages weighing up to 150 pounds. The FedEx Ground segment also offers supply chain solutions. FedEx Freight segment provides regional next day and second day, and interregional less than truckload freight services. It also provides critical shipment carrier services and airfreight forwarding services between the United States and Puerto Rico. FedEx Kinko's segment provides document solutions and business services, including copying and printing services, signs and graphics, videoconferencing, high speed wireless and wired Internet access, and computer usage. FedEx was incorporated in Delaware in 1998 and is headquartered in Memphis, Tennessee.
No. of Employees
NA
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