• FedEx average ebitda margin for 2024 was 11.11%, a 5.41% decline from 2023.
• FedEx average ebitda margin for 2023 was 10.54%, a 1.5% increase from 2022.
• FedEx average ebitda margin for 2022 was 10.7%, a 3.52% decline from 2021.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.