FedEx shares outstanding FDX
Diluted shares outstanding, averaged over each quarter, from 2008.
- Latest quarter, to May 31, 2026
- 242M
- On a year earlier
- +0.8%
- more shares
FedEx had 242M diluted shares outstanding on average in Q4 FY26, the quarter to May 31, 2026.
That is 0.8% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 242M | +1% |
| FY2025 | 240M | −3% |
| FY2024 | 248M | −2% |
| FY2023 | 253M | −3% |
| FY2022 | 260M | −4% |
| FY2021 | 271M | +4% |
| FY2020 | 261M | −0% |
| FY2019 | 262M | −4% |
| FY2018 | 272M | +1% |
| FY2017 | 270M | +0% |
| FY2016 | 270M | −4% |
| FY2015 | 280M | −5% |
| FY2014 | 295M | −8% |
| FY2013 | 320M | +1% |
| FY2012 | 317M | −1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q4 FY26 | 242M | +1% | |
| Q3 FY26 | 239M | −1% | |
| Q2 FY26 | 236M | −3% | |
| Q1 FY26 | 238M | −4% | |
| Q4 FY25 | 240M | −3% | |
| Q3 FY25 | 242M | −3% | |
| Q2 FY25 | 244M | −4% | |
| Q1 FY25 | 247M | −3% | |
| Q4 FY24 | 248M | −2% | |
| Q3 FY24 | 250M | −1% | |
| Q2 FY24 | 253M | −1% | |
| Q1 FY24 | 254M | −3% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on FedEx
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.