Flagship explainer

What drives FedEx Corporation’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity15%Tax burden77%net income ÷ pretax incomeInterest burden106%pretax ÷ operating incomeOperating margin6%operating income ÷ revenueAsset turnover1.02×revenue ÷ average assetsEquity multiplier3.12×average assets ÷ average equityAs of 2026-05-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$4.4BFY2026
Income before tax$5.8BFY2026
Operating income$5.5BFY2026
$94.7BFY2026
Ending assets$98.9BFY2026
Beginning assets$87.6BFY2025
$31.6BFY2026
$28.1BFY2025
Source: · event May 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
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