FDX Stock Analysis: FedEx | NYSE
Integrated Freight & Logistics | NYSE, USA | Market Cap: 72.852m USD | 12M Return: 58.8% | US31428X1063 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 348M
EPS Trend: 91.4%
Qual. Beats: 0
Rev. Trend: 84.2%
Qual. Beats: 7
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FedEx Corporation (NYSE: FDX) is a U.S.-based global transportation, e-commerce, and business services company headquartered in Memphis, Tennessee, and founded in 1971. It operates through two reported segments, Express U.S. Domestic and Express International, providing integrated express delivery, ground shipping, freight forwarding, and a wide range of e-commerce and document solutions to customers across the United States and internationally.
The companys service portfolio spans three broad categories. First, retail and small-business offerings, including digital printing, document and packing services, direct mail, signs and graphics, passport processing, digital notarization, and retail access points for package drop-off. Second, logistics and freight services such as air and ocean cargo transportation, specialty transportation, customs brokerage, and trade management tools. Third, third-party supply chain solutions covering warehousing, fulfillment, contract packaging, systems integration, returns processing, repair, refurbishment, and product liquidation, along with shared corporate support functions in sales, marketing, IT, and administration.
FedEx sits within the Industrials sector and the Air Freight & Logistics sub-industry, a segment characterized by asset-heavy networks of aircraft, vehicles, and sortation facilities. The industry business model typically relies on time-definite delivery premiums, volume-based pricing, and cross-border trade flows, with profitability heavily influenced by fuel costs, labor, and capacity utilization across global supply chains. FedEx is a long-standing public company, having listed on the NYSE in 1978.
- DRIVE cost savings program targets $4B in annual savings
- E-commerce parcel volumes face pressure from Amazon Logistics competition
- FedEx Freight spin-off plan could unlock shareholder value
| Net Income: 3.90b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 1.89 > 1.0 |
| NWC/Revenue: 6.46% < 20% (prev 4.31%; Δ 2.15% < -1%) |
| CFO/TA 0.10 > 3% & CFO 9.40b > Net Income 3.90b |
| Net Debt (37.7b) to EBITDA (9.73b): 3.87 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (239.0m) vs 12m ago -1.65% < -2% |
| Gross Margin: 18.95% > 18% (prev 21.80%; Δ -2.85% > 0.5%) |
| Asset Turnover: 105.1% > 50% (prev 100.2%; Δ 4.94% > 0%) |
| Interest Coverage Ratio: 11.45 > 6 (EBIT TTM 5.48b / Interest Expense TTM 479.0m) |
| A: 0.07 (Total Current Assets 25.0b - Total Current Liabilities 18.8b) / Total Assets 92.9b |
| B: 0.53 (Retained Earnings 49.7b / Total Assets 92.9b) |
| C: 0.06 (EBIT TTM 5.48b / Avg Total Assets 90.7b) |
| D: 0.59 (Book Value of Equity 34.6b / Total Liabilities 58.4b) |
| Altman-Z'' = 3.21 = A |
| DSRI: 0.88 (Receivables 10.9b/11.5b, Revenue 95.3b/88.6b) |
| GMI: 1.15 (GM 21.80% / 18.95%) |
| AQI: 1.16 (AQ_t 0.15 / AQ_t-1 0.13) |
| SGI: 1.08 (Revenue 95.3b / 88.6b) |
| TATA: -0.06 (NI 3.90b - CFO 9.40b) / TA 92.9b) |
| Beneish M = -2.85 (Cap -4..+1) = A |
As of October 31, 2026, the stock is trading at USD 313.28 with a total of 2,655,799 shares traded. Over the past week, the price has changed by +4.87%, over one month by +8.98%, over three months by +1.93% and over the past year by +58.83%.
Current recommended Stop Loss: 297.10 (which is 5.2% or 2.3 ATR below the current price).
FedEx has received a consensus analysts rating of 4.21. Therefore, it is recommended to buy FDX.
- StrongBuy: 16
- Buy: 4
- Hold: 7
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 355.3 | 13.4% |
P/E Trailing = 16.5941
P/E Forward = 15.1057
P/S = 0.7691
P/B = 2.0853
P/EG = 1.8661
Revenue TTM = 95.3b USD
EBIT TTM = 5.48b USD
EBITDA TTM = 9.73b USD
Long Term Debt = 17.3b USD (from longTermDebt, last quarter)
Short Term Debt = 4.56b USD (from shortTermDebt, last quarter)
Debt = 48.9b USD (from shortLongTermDebtTotal, last quarter) + Leases 14.8b
Net Debt = 37.7b USD (calculated: Debt 48.9b - CCE 11.2b)
Enterprise Value = 111b USD (72.9b + Debt 48.9b - CCE 11.2b)
Interest Coverage Ratio = 11.45 (Ebit TTM 5.48b / Interest Expense TTM 479.0m)
EV/FCF = 19.75x (Enterprise Value 111b / FCF TTM 5.60b)
FCF Yield = 5.06% (FCF TTM 5.60b / Enterprise Value 111b)
FCF Margin = 5.87% (FCF TTM 5.60b / Revenue TTM 95.3b)
Net Margin = 4.09% (Net Income TTM 3.90b / Revenue TTM 95.3b)
Gross Margin = 18.95% ((Revenue TTM 95.3b - Cost of Revenue TTM 77.3b) / Revenue TTM)
Gross Margin QoQ = 4.67% (prev 22.69%)
Tobins Q-Ratio = 1.19 (Enterprise Value 111b / Total Assets 92.9b)
Interest Expense / Debt = 0.98% (Interest Expense 479.0m / Debt 48.9b)
Taxrate = 23.29% (1.18b / 5.08b)
NOPAT = 4.21b (EBIT 5.48b * (1 - 23.29%))
Current Ratio = 1.33 (Total Current Assets 25.0b / Total Current Liabilities 18.8b)
Debt / Equity = 1.41 (Debt 48.9b / totalStockholderEquity, last quarter 34.6b)
Debt / EBITDA = 3.87 (Net Debt 37.7b / EBITDA 9.73b)
Debt / FCF = 6.73 (Net Debt 37.7b / FCF TTM 5.60b)
Total Stockholder Equity = 31.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.30% (Net Income 3.90b / Total Assets 92.9b)
RoE = 12.56% (Net Income TTM 3.90b / Total Stockholder Equity 31.0b)
RoCE = 11.34% (EBIT 5.48b / Capital Employed (Equity 31.0b + L.T.Debt 17.3b))
RoIC = 5.69% (NOPAT 4.21b / Invested Capital 73.9b)
WACC = 5.12% (E(72.9b)/V(122b) * Re(8.06%) + D(48.9b)/V(122b) * Rd(0.98%) * (1-Tc(0.23)))
Discount Rate = 8.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -74.16 | Cagr: -1.63%
[DCF] Terminal Value 77.97% ; FCFF base≈4.82b ; Y1≈5.53b ; Y5≈8.13b
[DCF] Fair Price = 357.8 (EV 122b - Net Debt 37.7b = Equity 84.7b / Shares 236.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 91.43 | EPS CAGR: 7.33% | SUE: 0.76 | # QB: 0
Revenue Correlation: 84.23 | Revenue CAGR: 3.00% | SUE: 3.24 | # QB: 7
EPS current Quarter (2026-11-30): EPS=4.73 | Chg30d=-12.34% | Revisions=-22% | Analysts=7
EPS next Quarter (2027-03-31): EPS=4.00 | Chg30d=-7.39% | Revisions=-40% | Analysts=11
EPS current Year (2026-12-31): EPS=17.95 | Chg30d=+1.08% | Revisions=-40% | GrowthEPS=-1.3% | GrowthRev=+4.9%
EPS next Year (2027-05-31): EPS=19.50 | Chg30d=-12.59% | Revisions=-25% | GrowthEPS=-3.6% | GrowthRev=-5.5%
[Analyst] Revisions Ratio: -41% (up=5, down=14)