FedEx
-0.36 %
-12.11 %
Yet to be announced
Company Overview
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services. FedEx Ground segment provides day-certain delivery services to businesses and residences. FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection.
Revenue Sources
PassAfter reviewing FedEx's business operations and revenue sources, the company's primary income streams come from shipping, logistics, and related transportation services. These are halal business activities as they involve the legitimate transfer of goods and services. There is no evidence that more than 2.5% of FedEx's revenue comes from shipping haram products or engaging in haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Feb. 28, 2025 | $22.16b | $20.87b | - | - | 0.00% | 0.00% |
| Nov. 30, 2024 | $21.97b | $20.86b | - | $-50,000,000.0 | 0.00% | 0.24% |
| Aug. 31, 2024 | $21.58b | $20.5b | - | - | 0.00% | 0.00% |
| May 31, 2024 | $22.11b | $20.55b | - | - | 0.00% | 0.00% |
Based on the financial data provided for the last four quarters, FedEx's interest expense is minimal relative to its total expenses. Only one quarter showed an interest expense of $50 million compared to total expenses of over $20 billion. The interest expense ratio is well below concerning levels, indicating that interest is not material to the company's operations.
Operational Ethics
PassWhile FedEx operates globally, including in China, there is no evidence of direct material collaboration with the Chinese Communist Party. The company maintains standard business operations in these regions but doesn't appear to have significant associations with entities involved in human rights violations. FedEx's operations in Israel appear to be limited to standard shipping services without any R&D centers or significant projects with the state.
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