FedEx Freight sees 2027 revenue growth, operating margin in line with medium-term targets, CFO says
FDXF•FedEx Freight expects 2027 revenue growth and adjusted operating margins to remain broadly in line with its medium-term framework. Its CFO expects a fourth-quarter adjusted operating margin of about 8.4% at the midpoint and said free cash flow could allow the company to begin deleveraging sooner than anticipated.
1. Outlook and cash flow
FedEx Freight expects 2027 revenue growth and adjusted operating margins to remain broadly in line with the medium-term framework it shared in April. The CFO expects a fourth-quarter adjusted operating margin of about 8.4% at the midpoint, significantly above the expectations provided in June, and said free cash flow has put the company on a path to begin deleveraging sooner than anticipated. The CFO also said some new customers are bringing many of their suppliers to FedEx Freight.
