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?

CompanyRevenue (latest FY)Revenue growthOperating marginNet margin
FedEx (FDX)$94.7 billion FY20267.7%5.8%0.0%
FedEx Freight (FDXF)$8.8 billion FY2026-1.1%6.1%7.4%
Air T Inc. (AIRT)$327 million FY202612.1%-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%.
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

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