Gross Profit Analysis: Comparing FedEx Corporation and Canadian National Railway Company

Gross Profit Trends: FedEx vs. Canadian National Railway

In the ever-evolving landscape of global logistics and transportation, understanding the financial health of industry giants is crucial. Over the past decade, FedEx Corporation and Canadian National Railway Company have showcased distinct trajectories in their gross profit margins. From 2014 to 2023, FedEx consistently outperformed, with a peak gross profit of approximately $20 billion in 2022, marking a 115% increase from 2014. Meanwhile, Canadian National Railway's gross profit grew by about 48% over the same period, reaching its zenith in 2022 with $7.4 billion.

The data reveals a robust growth pattern for FedEx, particularly between 2020 and 2022, where it saw a 51% surge. In contrast, Canadian National Railway experienced a steadier climb, with notable growth in 2022. However, 2024 data for Canadian National Railway is missing, leaving room for speculation on its future performance. This analysis underscores the dynamic nature of the logistics sector and the varying strategies of its key players.