Stock Analysis on Net
Stock Analysis on Net

FedEx Corp. (NYSE:FDX)

デュポンの分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

FedEx Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2025/02/28 14.67% = 4.61% × 3.18
2024/11/30 14.69% = 4.55% × 3.23
2024/08/31 14.89% = 4.67% × 3.19
2024/05/31 15.70% = 4.98% × 3.15
2024/02/29 16.66% = 5.10% × 3.26
2023/11/30 16.02% = 4.87% × 3.29
2023/08/31 15.73% = 4.77% × 3.30
2023/05/31 15.23% = 4.56% × 3.34
2023/02/28 12.10% = 3.49% × 3.47
2022/11/30 13.82% = 3.89% × 3.55
2022/08/31 14.28% = 4.18% × 3.41
2022/05/31 15.34% = 4.45% × 3.45
2022/02/28 20.94% = 6.11% × 3.43
2021/11/30 19.71% = 5.84% × 3.38
2021/08/31 20.96% = 6.21% × 3.37
2021/05/31 21.64% = 6.32% × 3.43
2021/02/28 13.78% = 3.66% × 3.77
2020/11/30 11.65% = 3.02% × 3.86
2020/08/31 9.18% = 2.30% × 3.99
2020/05/31 7.03% = 1.75% × 4.02
2020/02/29 -1.85% = -0.50% × 3.72
2019/11/30 0.40% = 0.11% × 3.75
2019/08/31 2.48% = 0.66% × 3.77
2019/05/31 3.04% = 0.99% × 3.06
2019/02/28 — = — × 2.74
2018/11/30 — = — × 2.76
2018/08/31 — = — × 2.71

レポートに基づく: 10-Q (報告日: 2025-02-28), 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第3 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROEを3つの要素に分解

FedEx Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2025/02/28 14.67% = 4.46% × 1.03 × 3.18
2024/11/30 14.69% = 4.45% × 1.02 × 3.23
2024/08/31 14.89% = 4.62% × 1.01 × 3.19
2024/05/31 15.70% = 4.94% × 1.01 × 3.15
2024/02/29 16.66% = 5.02% × 1.02 × 3.26
2023/11/30 16.02% = 4.87% × 1.00 × 3.29
2023/08/31 15.73% = 4.71% × 1.01 × 3.30
2023/05/31 15.23% = 4.41% × 1.03 × 3.34
2023/02/28 12.10% = 3.23% × 1.08 × 3.47
2022/11/30 13.82% = 3.54% × 1.10 × 3.55
2022/08/31 14.28% = 3.79% × 1.10 × 3.41
2022/05/31 15.34% = 4.09% × 1.09 × 3.45
2022/02/28 20.94% = 5.60% × 1.09 × 3.43
2021/11/30 19.71% = 5.49% × 1.06 × 3.38
2021/08/31 20.96% = 5.88% × 1.06 × 3.37
2021/05/31 21.64% = 6.23% × 1.01 × 3.43
2021/02/28 13.78% = 3.85% × 0.95 × 3.77
2020/11/30 11.65% = 3.28% × 0.92 × 3.86
2020/08/31 9.18% = 2.50% × 0.92 × 3.99
2020/05/31 7.03% = 1.86% × 0.94 × 4.02
2020/02/29 -1.85% = -0.50% × 1.00 × 3.72
2019/11/30 0.40% = 0.11% × 0.99 × 3.75
2019/08/31 2.48% = 0.65% × 1.02 × 3.77
2019/05/31 3.04% = 0.77% × 1.28 × 3.06
2019/02/28 — = — × — × 2.74
2018/11/30 — = — × — × 2.76
2018/08/31 — = — × — × 2.71

レポートに基づく: 10-Q (報告日: 2025-02-28), 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第3 四半期に株主資本利益率(ROE)が低下した主な理由は、財務レバレッジ比率の低下です。

ROAを2つのコンポーネントに分解

FedEx Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2025/02/28 4.61% = 4.46% × 1.03
2024/11/30 4.55% = 4.45% × 1.02
2024/08/31 4.67% = 4.62% × 1.01
2024/05/31 4.98% = 4.94% × 1.01
2024/02/29 5.10% = 5.02% × 1.02
2023/11/30 4.87% = 4.87% × 1.00
2023/08/31 4.77% = 4.71% × 1.01
2023/05/31 4.56% = 4.41% × 1.03
2023/02/28 3.49% = 3.23% × 1.08
2022/11/30 3.89% = 3.54% × 1.10
2022/08/31 4.18% = 3.79% × 1.10
2022/05/31 4.45% = 4.09% × 1.09
2022/02/28 6.11% = 5.60% × 1.09
2021/11/30 5.84% = 5.49% × 1.06
2021/08/31 6.21% = 5.88% × 1.06
2021/05/31 6.32% = 6.23% × 1.01
2021/02/28 3.66% = 3.85% × 0.95
2020/11/30 3.02% = 3.28% × 0.92
2020/08/31 2.30% = 2.50% × 0.92
2020/05/31 1.75% = 1.86% × 0.94
2020/02/29 -0.50% = -0.50% × 1.00
2019/11/30 0.11% = 0.11% × 0.99
2019/08/31 0.66% = 0.65% × 1.02
2019/05/31 0.99% = 0.77% × 1.28
2019/02/28 — = — × —
2018/11/30 — = — × —
2018/08/31 — = — × —

レポートに基づく: 10-Q (報告日: 2025-02-28), 10-Q (報告日: 2024-11-30), 10-Q (報告日: 2024-08-31), 10-K (報告日: 2024-05-31), 10-Q (報告日: 2024-02-29), 10-Q (報告日: 2023-11-30), 10-Q (報告日: 2023-08-31), 10-K (報告日: 2023-05-31), 10-Q (報告日: 2023-02-28), 10-Q (報告日: 2022-11-30), 10-Q (報告日: 2022-08-31), 10-K (報告日: 2022-05-31), 10-Q (報告日: 2022-02-28), 10-Q (報告日: 2021-11-30), 10-Q (報告日: 2021-08-31), 10-K (報告日: 2021-05-31), 10-Q (報告日: 2021-02-28), 10-Q (報告日: 2020-11-30), 10-Q (報告日: 2020-08-31), 10-K (報告日: 2020-05-31), 10-Q (報告日: 2020-02-29), 10-Q (報告日: 2019-11-30), 10-Q (報告日: 2019-08-31), 10-K (報告日: 2019-05-31), 10-Q (報告日: 2019-02-28), 10-Q (報告日: 2018-11-30), 10-Q (報告日: 2018-08-31).

2025年第3 四半期に総資産利益率(ROA)が上昇した主な理由は、資産回転率の増加です。