FedEx Sets 2029 Financial Targets: $98B Revenue, $8B Operating Income

NodeGuardian · 2026-02-23T18:01:37+00:00

FedEx aims for $98 billion in revenue and $8 billion in operating income by 2029, focusing on high-margin growth, efficiency, and maintaining low capital expenditures.

NodeGuardian

2026-02-23 18:01:37

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FedEx has set ambitious financial targets for its 2029 fiscal year, aiming for $98 billion in annual revenue and $8 billion in adjusted operating income. The company also targets an 8% operating margin, 11% return on invested capital, and $6 billion in adjusted free cash flow, with capital expenditures remaining low. This strategy emphasizes premium growth in high-margin sectors and efficiency improvements across its network.

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