---
title: "FedEx: Competitors & Industry Structure"
description: "FedEx compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/fedex/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# FedEx: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies FedEx under SIC code 4513 (Air Courier Services). Among Swoopr's S&P 500 Equal Weight companies, 2 others share that classification; by latest reported revenue, FedEx ranks 1 of 3. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does FedEx Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| **FedEx (FDX)** | $94.7 billion FY2026 | 7.7% | 5.8% | 0.0% |
| [FedEx Freight (FDXF)](https://www.getswoopr.com/stocks/companies/fedex-freight/) | $8.8 billion FY2026 | -1.1% | 6.1% | 7.4% |
| [Air T Inc. (AIRT)](https://www.getswoopr.com/stocks/companies/air-t-inc/) | $327 million FY2026 | 12.1% | -3.4% | 23.8% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for FedEx and 2 peers: FedEx (FDX) 5.8%, FedEx Freight (FDXF) 6.1%, Air T Inc. (AIRT) -3.4%.](https://www.getswoopr.com/images/charts/fedex-competitors-peer-margins.webp)
*Operating margin of FedEx against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## Where These Numbers Come From

Every figure on this page is a value FedEx reported in its own SEC filings, read from the SEC's XBRL data (accession 0001048911-26-000105 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are FedEx's competitors?

Companies sharing FedEx's SEC classification (SIC code 4513 (Air Courier Services)) include FedEx Freight (FDXF), Air T Inc. (AIRT). Its 10-K names the competitors it considers most relevant.

### How does FedEx compare with its peers on margins?

FedEx's fiscal 2026 operating margin was 5.8%, against a peer median of 1.4%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

## References

- [SEC EDGAR: FEDEX CORP Form 10-K filed July 20, 2026](https://www.sec.gov/Archives/edgar/data/1048911/000104891126000105/fdx-20260531.htm)
- [SEC EDGAR: FEDEX CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1048911&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [FedEx company dossier](https://www.getswoopr.com/stocks/companies/fedex/)
- [FedEx financial metrics](https://www.getswoopr.com/stocks/companies/fedex/metrics/)
- [FedEx financial risk indicators](https://www.getswoopr.com/stocks/companies/fedex/risks/)
- [FedEx peer comparison](https://www.getswoopr.com/stocks/companies/fedex/competitors/)
- [FedEx business model and revenue mix](https://www.getswoopr.com/stocks/companies/fedex/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).