Cost Insights: FedEx vs. HEICO

In the ever-evolving landscape of corporate expenses, FedEx Corporation and HEICO Corporation present a fascinating study in contrasts. Over the past decade, FedEx's cost of revenue has surged by nearly 90%, peaking in 2022, while HEICO's expenses have grown by over 220%, reaching their highest in 2024. This divergence highlights the distinct operational scales and strategies of these industry giants.

FedEx's Financial Trajectory

From 2014 to 2024, FedEx's cost of revenue increased from approximately $36 billion to $69 billion, reflecting its expansive global logistics network. The most significant jump occurred between 2020 and 2021, with a 18% rise, underscoring the pandemic's impact on shipping demand.

HEICO's Strategic Growth

HEICO, a leader in aerospace and electronics, saw its costs rise from $734 million in 2014 to $2.36 billion in 2024. This growth, particularly the 30% increase from 2023 to 2024, signals strategic investments in innovation and market expansion.