(FDX) FedEx - NYSE
Sector: Industrials | Industry: Integrated Freight & Logistics | Exchange: NYSE (USA) | Market Cap: 75.598m USD | Total Return: 88.6% in 12m
Avg Turnover: 701M
EPS Trend: 91.7%
Qual. Beats: 0
Rev. Trend: 71.9%
Qual. Beats: 6
Warnings
No concerns identified
Tailwinds
Rs Leader, Avwap Ph Week, Garp
FedEx Corporation (NYSE: FDX) is a U.S.-based global transportation and logistics company founded in 1971 and headquartered in Memphis, Tennessee. The company operates through two reportable segments-Federal Express and FedEx Freight-providing shipping, e-commerce, and business services across domestic and international markets.
Its service offerings span express, ground, and less-than-truckload freight shipping; digital and e-commerce solutions; printing, packing, and document services; and third-party logistics capabilities including freight forwarding (air and ocean), customs brokerage, warehousing, fulfillment, supply chain management, and returns processing. It also delivers back-office support functions such as sales, marketing, IT, and administration.
FedEx operates within the Air Freight & Logistics sub-industry of the GICS Industrials sector, competing in the global parcel and freight market alongside major peers such as UPS and DHL. Its business model is built on an integrated air-and-ground network serving both business-to-business and direct-to-consumer shippers, with demand heavily tied to e-commerce volume growth.
- DRIVE cost transformation program expands operating margins
- FedEx Freight separation unlocks shareholder value
- E-commerce parcel demand drives Express and Ground revenue
| Net Income: 4.43b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.85 > 1.0 |
| NWC/Revenue: 9.49% < 20% (prev 3.38%; Δ 6.11% < -1%) |
| CFO/TA 0.06 > 3% & CFO 8.18b > Net Income 4.43b |
| Net Debt (30.6b) to EBITDA (10.2b): 3.02 < 3 |
| Current Ratio: 1.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (241.0m) vs 12m ago 1.26% < -2% |
| Gross Margin: 26.38% > 18% (prev 21.60%; Δ 4.78% > 0.5%) |
| Asset Turnover: 82.36% > 50% (prev 100.3%; Δ -17.98% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.06 (Total Current Assets 27.9b - Total Current Liabilities 18.9b) / Total Assets 142b |
| B: 0.31 (Retained Earnings 44.5b / Total Assets 142b) |
| C: 0.05 (EBIT TTM 5.79b / Avg Total Assets 115b) |
| D: 2.84 (Book Value of Equity 105b / Total Liabilities 37.1b) |
| Altman-Z'' = 4.75 = AA |
As of June 26, 2026, the stock is trading at USD 329.44 with a total of 2,206,036 shares traded. Over the past week, the price has changed by +1.45%, over one month by +2.66%, over three months by +14.86% and over the past year by +88.58%.
Current recommended Stop Loss: 312.80 (which is 5.1% or 1.6 ATR below the current price).
FedEx has received a consensus analysts rating of 4.03. Therefore, it is recommended to buy FDX.
- StrongBuy: 17
- Buy: 4
- Hold: 8
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 345.7 | 4.9% |
P/E Trailing = 16.9247
P/E Forward = 14.3678
P/S = 0.8223
P/B = 2.5365
P/EG = 1.3423
Revenue TTM = 94.7b USD
EBIT TTM = 5.79b USD
EBITDA TTM = 10.2b USD
Long Term Debt = 22.8b USD (from longTermDebt, two quarters ago)
Short Term Debt = 4.36b USD (from shortTermDebt, last quarter)
Debt = 44.0b USD (corrected: LT Debt 22.8b + ST Debt 4.36b) + Leases 16.8b
Net Debt = 30.6b USD (calculated: Debt 44.0b - CCE 13.3b)
Enterprise Value = 106b USD (75.6b + Debt 44.0b - CCE 13.3b)
Interest Coverage Ratio = unknown (Ebit TTM 5.79b / Interest Expense TTM 0.0)
EV/FCF = 24.31x (Enterprise Value 106b / FCF TTM 4.37b)
FCF Yield = 4.11% (FCF TTM 4.37b / Enterprise Value 106b)
FCF Margin = 4.61% (FCF TTM 4.37b / Revenue TTM 94.7b)
Net Margin = 4.68% (Net Income TTM 4.43b / Revenue TTM 94.7b)
Gross Margin = 26.38% ((Revenue TTM 94.7b - Cost of Revenue TTM 69.7b) / Revenue TTM)
Gross Margin QoQ = 31.44% (prev 25.98%)
Tobins Q-Ratio = 0.75 (Enterprise Value 106b / Total Assets 142b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 44.0b)
Taxrate = 23.47% (1.36b / 5.79b)
NOPAT = 4.43b (EBIT 5.79b * (1 - 23.47%))
Current Ratio = 1.48 (Total Current Assets 27.9b / Total Current Liabilities 18.9b)
Debt / Equity = 0.42 (Debt 44.0b / totalStockholderEquity, last quarter 105b)
Debt / EBITDA = 3.02 (Net Debt 30.6b / EBITDA 10.2b)
Debt / FCF = 7.01 (Net Debt 30.6b / FCF TTM 4.37b)
Total Stockholder Equity = 47.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.86% (Net Income 4.43b / Total Assets 142b)
RoE = 9.29% (Net Income TTM 4.43b / Total Stockholder Equity 47.7b)
RoCE = 8.21% (EBIT 5.79b / Capital Employed (Equity 47.7b + L.T.Debt 22.8b))
RoIC = 3.60% (NOPAT 4.43b / Invested Capital 123b)
WACC = 5.56% (E(75.6b)/V(120b) * Re(8.79%) + D(44.0b)/V(120b) * Rd(0.0%) * (1-Tc(0.23)))
Discount Rate = 8.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.83 | Cagr: -1.62%
[DCF] Terminal Value 77.97% ; FCFF base≈4.00b ; Y1≈4.58b ; Y5≈6.74b
[DCF] Fair Price = 296.6 (EV 101b - Net Debt 30.6b = Equity 70.8b / Shares 238.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 91.74 | EPS CAGR: 7.54% | SUE: 0.61 | # QB: 0
Revenue Correlation: 71.89 | Revenue CAGR: 1.98% | SUE: 2.86 | # QB: 6
EPS current Quarter (2026-08-31): EPS=3.83 | Chg30d=-12.96% | Revisions=-20% | Analysts=7
EPS next Quarter (2026-11-30): EPS=4.73 | Chg30d=-12.34% | Revisions=-20% | Analysts=7
EPS current Year (2027-05-31): EPS=19.50 | Chg30d=-12.59% | Revisions=-23% | GrowthEPS=-3.6% | GrowthRev=-5.5%
EPS next Year (2028-05-31): EPS=22.18 | Chg30d=-14.27% | Revisions=+0% | GrowthEPS=+13.7% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: -23%