FedEx Freight Reports Results, Raises Guidance
FedEx Freight reported $3.3 billion in revenue and a 15.5% adjusted operating margin for the four-month period ended September 30, 2026. It generated $239 million in free cash flow and repaid $100 million in debt.
FedEx Freight Holding Company, Inc. reported financial results for the four-month period ending September 30, 2026, achieving $3.3 billion in revenue and an adjusted operating margin of 15.5%. The company stated that shipment volumes and base yields showed signs of stabilization during the period. Following these results, management raised its forward guidance.
Additionally, the company generated $239 million in free cash flow, which was utilized to support $100 million in debt repayment.