• FedEx average pre-tax profit margin for 2023 was 5.78%, a 4.71% increase from 2022.
• FedEx average pre-tax profit margin for 2022 was 5.52%, a 19.65% increase from 2021.
• FedEx average pre-tax profit margin for 2021 was 6.87%, a 206.7% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.