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Side-by-side financial comparison of ASTRAZENECA PLC (AZN) and FedEx (FDX). Click either name above to swap in a different company.

FedEx is the larger business by last-quarter revenue ($23.5B vs $14.5B, roughly 1.6× ASTRAZENECA PLC). ASTRAZENECA PLC runs the higher net margin — 16.9% vs 4.1%, a 12.9% gap on every dollar of revenue. On growth, ASTRAZENECA PLC posted the faster year-over-year revenue change (11.7% vs 6.8%).

AstraZeneca plc (AZ) is a Swedish-British multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge Biomedical Campus in Cambridge, UK. It has a portfolio of products for major diseases in areas including oncology, cardiovascular, gastrointestinal, infection, neuroscience, respiratory, and inflammation.

FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services. The company is headquartered in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of its original air division, Federal Express, which operated under this name from 1973 until 1994.

AZN vs FDX — Head-to-Head

Bigger by revenue
FDX
FDX
1.6× larger
FDX
$23.5B
$14.5B
AZN
Growing faster (revenue YoY)
AZN
AZN
+4.9% gap
AZN
11.7%
6.8%
FDX
Higher net margin
AZN
AZN
12.9% more per $
AZN
16.9%
4.1%
FDX

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
AZN
AZN
FDX
FDX
Revenue
$14.5B
$23.5B
Net Profit
$2.4B
$956.0M
Gross Margin
82.9%
Operating Margin
24.3%
5.9%
Net Margin
16.9%
4.1%
Revenue YoY
11.7%
6.8%
Net Profit YoY
27.0%
29.0%
EPS (diluted)
$1.57
$4.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AZN
AZN
FDX
FDX
Q4 25
$23.5B
Q3 25
$22.2B
Q2 25
$14.5B
$22.2B
Q1 25
$22.2B
Q4 24
$22.0B
Q3 24
$21.6B
Q2 24
$12.9B
$22.1B
Q1 24
$21.7B
Net Profit
AZN
AZN
FDX
FDX
Q4 25
$956.0M
Q3 25
$824.0M
Q2 25
$2.4B
$1.6B
Q1 25
$909.0M
Q4 24
$741.0M
Q3 24
$794.0M
Q2 24
$1.9B
$1.5B
Q1 24
$879.0M
Gross Margin
AZN
AZN
FDX
FDX
Q4 25
Q3 25
Q2 25
82.9%
Q1 25
Q4 24
Q3 24
Q2 24
83.1%
Q1 24
Operating Margin
AZN
AZN
FDX
FDX
Q4 25
5.9%
Q3 25
5.3%
Q2 25
24.3%
8.1%
Q1 25
5.8%
Q4 24
4.8%
Q3 24
5.0%
Q2 24
21.2%
7.0%
Q1 24
5.7%
Net Margin
AZN
AZN
FDX
FDX
Q4 25
4.1%
Q3 25
3.7%
Q2 25
16.9%
7.4%
Q1 25
4.1%
Q4 24
3.4%
Q3 24
3.7%
Q2 24
14.9%
6.7%
Q1 24
4.0%
EPS (diluted)
AZN
AZN
FDX
FDX
Q4 25
$4.04
Q3 25
$3.46
Q2 25
$1.57
$6.81
Q1 25
$3.76
Q4 24
$3.03
Q3 24
$3.21
Q2 24
$1.24
$5.92
Q1 24
$3.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZN
AZN
FDX
FDX
Cash + ST InvestmentsLiquidity on hand
$7.1B
$6.6B
Total DebtLower is stronger
$20.3B
Stockholders' EquityBook value
$44.8B
$28.1B
Total Assets
$112.4B
$89.2B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZN
AZN
FDX
FDX
Q4 25
$6.6B
Q3 25
$6.2B
Q2 25
$7.1B
$5.5B
Q1 25
$5.1B
Q4 24
$5.0B
Q3 24
$5.9B
Q2 24
$6.9B
$6.5B
Q1 24
$5.6B
Total Debt
AZN
AZN
FDX
FDX
Q4 25
$20.3B
Q3 25
$20.3B
Q2 25
$19.2B
Q1 25
$19.5B
Q4 24
$19.4B
Q3 24
$19.7B
Q2 24
$20.1B
Q1 24
$20.1B
Stockholders' Equity
AZN
AZN
FDX
FDX
Q4 25
$28.1B
Q3 25
$27.8B
Q2 25
$44.8B
$28.1B
Q1 25
$26.7B
Q4 24
$26.5B
Q3 24
$27.2B
Q2 24
$39.6B
$27.6B
Q1 24
$26.4B
Total Assets
AZN
AZN
FDX
FDX
Q4 25
$89.2B
Q3 25
$88.4B
Q2 25
$112.4B
$87.6B
Q1 25
$85.0B
Q4 24
$85.5B
Q3 24
$86.7B
Q2 24
$104.3B
$87.0B
Q1 24
$86.1B
Debt / Equity
AZN
AZN
FDX
FDX
Q4 25
0.72×
Q3 25
0.73×
Q2 25
0.68×
Q1 25
0.73×
Q4 24
0.73×
Q3 24
0.72×
Q2 24
0.73×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AZN
AZN
FDX
FDX
Operating Cash FlowLast quarter
$2.0B
Free Cash FlowOCF − Capex
$1.2B
FCF MarginFCF / Revenue
5.1%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
2.04×
TTM Free Cash FlowTrailing 4 quarters
$4.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZN
AZN
FDX
FDX
Q4 25
$2.0B
Q3 25
$1.7B
Q2 25
$2.5B
Q1 25
$2.0B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$2.7B
Q1 24
$1.6B
Free Cash Flow
AZN
AZN
FDX
FDX
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$500.0M
Q3 24
$420.0M
Q2 24
$1.5B
Q1 24
$231.0M
FCF Margin
AZN
AZN
FDX
FDX
Q4 25
5.1%
Q3 25
4.9%
Q2 25
4.7%
Q1 25
4.6%
Q4 24
2.3%
Q3 24
1.9%
Q2 24
6.8%
Q1 24
1.1%
Capex Intensity
AZN
AZN
FDX
FDX
Q4 25
3.2%
Q3 25
2.8%
Q2 25
6.6%
Q1 25
4.5%
Q4 24
3.7%
Q3 24
3.6%
Q2 24
5.4%
Q1 24
6.3%
Cash Conversion
AZN
AZN
FDX
FDX
Q4 25
2.04×
Q3 25
2.08×
Q2 25
1.53×
Q1 25
2.21×
Q4 24
1.78×
Q3 24
1.49×
Q2 24
1.83×
Q1 24
1.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZN
AZN

Segment breakdown not available.

FDX
FDX

United States Ground$9.2B39%
United States Priority$2.8B12%
Other$2.2B9%
Fedex Freight Segment$2.1B9%
International Economy$1.5B6%
Freight Revenue$1.5B6%
United States Deferred$1.4B6%
International Domestic$1.3B5%
International Economy Freight$582.0M2%
United States Freight$304.0M1%
Other International Revenue$240.0M1%

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