50 - FedEx

Packages move along conveyor belts as employees work at the FedEx Corp. shipping center in Chicago, Illinois, U.S., on Monday, Nov. 27, 2017. The holiday shopping season is off to a strong start and retailers appear to be continuing the momentum today -- Cyber Monday -- the biggest online spending day of the year. Photographer: Christopher Dilts/Bloomberg via Getty Images Christopher Dilts — Bloomberg via Getty Images

The world’s second biggest package-shipper brought in $60 billion in revenue last year. Much like rivals UPS and Amazon, FedEx has benefited from the continued rise of e-commerce. The company boosted sales by 20% over the year prior–causing it to leap eight spots on this year’s Fortune 500 list. Regulatory winds could help too. President Trump has made no secret of his belief that the Postal Service offers parcel rates to Amazon that are too cheap. If the commander-in-chief forces price hikes, the move could open the door for FedEx to raise its prices too.

Key Metrics & Financials (Last Fiscal Year)

Previous Rank58
Revenues ($M)$60319
Revenue Percent Change19.8%
Profits ($M)$2997.0
Profits Percent Change64.7%
Assets ($M)$48552
Market Value — as of March 29, 2018 ($M)$64161

More from FORTUNE

Company Facts

IndustryMail, Package, and Freight Delivery
HQ LocationMemphis
CEOFrederick W. Smith
CEO Title-
Years on Fortune 500 List24

See Full List


More from FORTUNE