FEDEX CORP Annual Income Tax Expense (Benefit) in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Fedex Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2009 to 2023.
  • Fedex Corp Income Tax Expense (Benefit) for the quarter ending August 31, 2024 was $262M, a 24.1% decline year-over-year.
  • Fedex Corp Income Tax Expense (Benefit) for the twelve months ending August 31, 2024 was $1.42B, a 2.4% decline year-over-year.
  • Fedex Corp annual Income Tax Expense (Benefit) for 2023 was $1.51B, a 8.2% increase from 2022.
  • Fedex Corp annual Income Tax Expense (Benefit) for 2022 was $1.39B, a 30% increase from 2021.
  • Fedex Corp annual Income Tax Expense (Benefit) for 2021 was $1.07B, a 25.8% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.51B +$114M +8.2% Jun 1, 2023 May 31, 2024 10-K 2024-07-15
2022 $1.39B +$321M +30% Jun 1, 2022 May 31, 2023 10-K 2024-07-15
2021 $1.07B -$373M -25.8% Jun 1, 2021 May 31, 2022 10-K 2024-07-15
2020 $1.44B +$1.06B +277% Jun 1, 2020 May 31, 2021 10-K 2023-07-17
2019 $383M +$268M +233% Jun 1, 2019 May 31, 2020 10-K 2022-07-18
2018 $115M +$334M Jun 1, 2018 May 31, 2019 10-K 2021-07-19
2017 -$219M -$1.8B -114% Jun 1, 2017 May 31, 2018 10-K 2020-07-20
2016 $1.58B +$662M +72% Jun 1, 2016 May 31, 2017 10-K 2019-07-16
2015 $920M +$343M +59.4% Jun 1, 2015 May 31, 2016 10-K 2018-07-16
2014 $577M -$757M -56.7% Jun 1, 2014 May 31, 2015 10-K 2017-07-17
2013 $1.33B -$288M -17.8% Jun 1, 2013 May 31, 2014 10-K 2016-07-18
2012 $1.62B +$513M +46.3% Jun 1, 2012 May 31, 2013 10-K 2015-07-14
2011 $1.11B +$296M +36.4% Jun 1, 2011 May 31, 2012 8-K 2015-01-06
2010 $813M +$103M +14.5% Jun 1, 2010 May 31, 2011 10-K 2013-07-15
2009 $710M Jun 1, 2009 May 31, 2010 10-K 2012-07-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.