• FedEx average return on assets for 2023 was 4.46, a 5.31% increase from 2022.
• FedEx average return on assets for 2022 was 4.71, a 16.04% decline from 2021.
• FedEx average return on assets for 2021 was 5.61, a 220.57% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.