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Fedex Economic Analysis : Financial Analysis Of Fedex

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FedEx Financial Analysis Federal Express officially began operations on April 17, 1973, with 389 team members. That night, 14 small aircraft took off from Memphis and delivered 186 packages to 25 U.S. cities from Rochester, New York, to Miami, Florida. Though the company did not show a profit until July 1975, it soon became the premier carrier of high-priority goods in the marketplace and set the standard for the express shipping industry it established FedEx has grown tremendously since its first night of operations in 1973. Now FedEx serves more than 220 countries and territories and continues to offer new products and services around the globe. In order to analyze the success of the Fedex, it is significant to observe the financial performance of the company and compare it with the previous year. To have a clear analysis of the profitability of the company, it is vital to analyze the profit and loss statement of the company. The sales revenue of the company of the current year is $50,365 and of the previous year is $47,535. This shows that there is a rise in the sales revenue of the company of about 6.14% but does not take into account the expenses of the firm. In the current year, the operating expenses of the FedEx has also increased from $45,586 to $47,288. This shows that the cost of operating of the company increased by 3.73% which can be due to several reason such as rise in raw materials or inflation rate. But still the operating profit of the company has
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