FedEx number of employees

FedEx reported 452,000 employees at May 31, 2026 in its latest annual report, up 207,000 (84.5%) on the year before. That compares with 250,000 at May 31, 2022. Revenue per employee was $209,558.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
May 31, 2026	452,000	+207,000 (84.5%)	$209,558	10-K, filed July 20, 2026
May 31, 2023	245,000	−5,000 (2.0%)	$367,980	10-K, filed July 17, 2023
May 31, 2022	250,000	—	$374,048	10-K, filed July 18, 2022

What the annual reports say

As of May 31, 2026, Federal Express employed approximately 452,000 employees and had approximately 84,000 d rop-off locations (including FedEx Office stores and FedEx OnSite locations, such as ove r 15,000 Walgr eens and Dollar General stores), 700 aircraft, and over 180,000 motorized vehicles in its global network. 2026 annual report
As of May 31, 2023, FedEx Express employed approximately 245,000 employees and had approximately 70,000 drop-off locations (including FedEx Office stores and FedEx OnSite locations, such as nearly 17,000 Walgreens, Dollar General, and Albertsons stores), 700 aircraft, and more than 82,000 vehicles in its global network. 2023 annual report
As of May 31, 2022, FedEx Express employed nearly 250,000 employees and had approximately 74,000 drop-off locations (including FedEx Office stores and FedEx OnSite locations, such as approximately 19,000 Walgreens, Dollar General, and Albertsons stores), 696 aircraft, and approximately 86,000 vehicles in its global network. 2022 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

Head to head: FDX vs UPS CHRW vs FDX FDX vs GXO

More: Air Freight & Logistics stocks compared, Industrials sector, rankings of US companies

Figures from FedEx's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to FedEx.