- FedEx experienced a significant drop in net income from $4.57 billion in 2018 to $0.540 billion in 2019, representing a decrease of approximately 88.2%.
- In 2020, net income rebounded to $1.28 billion, showing an increase of 137% compared to the previous year.
- The upward trend continued in 2021, with net income surging to $5.23 billion, which is a 308% increase compared to 2020.
- However, in 2022, net income decreased to $3.82 billion, a decline of around 27% compared to the previous year.