(FDX) FedEx - Overview
Sector: Industrials | Industry: Integrated Freight & Logistics | Exchange: NYSE (USA) | Market Cap: 98.253m USD | Total Return: 91.2% in 12m
Avg Turnover: 472M
EPS Trend: 92.7%
Qual. Beats: 2
Rev. Trend: 35.5%
Qual. Beats: 5
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w
FedEx Corporation is a global provider of transportation, e-commerce, and business services, operating through major segments including Federal Express and FedEx Freight. The company’s portfolio encompasses express shipping, less-than-truckload (LTL) freight, and small-package ground delivery, supported by a vast network of logistics and supply chain management solutions. Beyond physical transport, FedEx offers digital printing, professional document services, and customs brokerage to facilitate international trade.
The air freight and logistics sector operates as a capital-intensive industry where profitability is heavily influenced by fuel costs and global trade volumes. FedEx utilizes a hub-and-spoke business model, which centralizes sorting operations to maximize aircraft and vehicle efficiency across its international routes. Investors can find deeper insights into these operational trends on ValueRay.
Founded in 1971 and headquartered in Memphis, Tennessee, the corporation also provides third-party logistics (3PL) services, including warehousing, fulfillment, and product liquidation. Its integrated service model combines physical infrastructure with information technology to manage end-to-end supply chain requirements for commercial and retail customers.
- Network consolidation and modernization efforts drive long-term structural margin expansion
- Global air cargo demand fluctuations impact high-margin Federal Express segment revenue
- Rising fuel costs and labor expenses pressure ground delivery profit margins
- E-commerce volume trends dictate package density and seasonal peak shipping profitability
- Global trade tensions and geopolitical instability disrupt international freight-forwarding volumes
| Net Income: 4.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.58 > 1.0 |
| NWC/Revenue: 8.91% < 20% (prev 3.78%; Δ 5.13% < -1%) |
| CFO/TA 0.09 > 3% & CFO 8.18b > Net Income 4.48b |
| Net Debt (50.8b) to EBITDA (10.6b): 4.81 < 3 |
| Current Ratio: 1.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (243.0m) vs 12m ago -0.41% < -2% |
| Gross Margin: 24.41% > 18% (prev 21.42%; Δ 2.99% > 0.5%) |
| Asset Turnover: 102.3% > 50% (prev 103.3%; Δ -0.98% > 0%) |
| Interest Coverage Ratio: 7.90 > 6 (EBIT TTM 6.24b / Interest Expense TTM 789.0m) |
| A: 0.09 (Total Current Assets 25.5b - Total Current Liabilities 17.3b) / Total Assets 94.7b |
| B: 0.45 (Retained Earnings 42.9b / Total Assets 94.7b) |
| C: 0.07 (EBIT TTM 6.24b / Avg Total Assets 89.9b) |
| D: 0.46 (Book Value of Equity 29.8b / Total Liabilities 64.9b) |
| Altman-Z'' = 2.99 = A |
| DSRI: 1.10 (Receivables 11.8b/10.2b, Revenue 91.9b/87.8b) |
| GMI: 0.88 (GM 21.42% / 24.41%) |
| AQI: 2.39 (AQ_t 0.29 / AQ_t-1 0.12) |
| SGI: 1.05 (Revenue 91.9b / 87.8b) |
| TATA: -0.04 (NI 4.48b - CFO 8.18b) / TA 94.7b) |
| Beneish M = -2.20 (Cap -4..+1) = BB |
As of June 05, 2026, the stock is trading at USD 328.00 with a total of 1,891,045 shares traded.
Over the past week, the price has changed by -1.06%,
over one month by +13.84%,
over three months by +6.58% and
over the past year by +91.24%.
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 | 403.4 | 23% |
P/E Trailing = 21.9733
P/E Forward = 18.622
P/S = 1.0687
P/B = 3.2964
P/EG = 1.4556
Revenue TTM = 91.9b USD
EBIT TTM = 6.24b USD
EBITDA TTM = 10.6b USD
Long Term Debt = 22.8b USD (from longTermDebt, last quarter)
Short Term Debt = 5.05b USD (from shortTermDebt, last quarter)
Debt = 58.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 16.8b
Net Debt = 50.8b USD (calculated: Debt 58.8b - CCE 8.01b)
Enterprise Value = 149b USD (98.3b + Debt 58.8b - CCE 8.01b)
Interest Coverage Ratio = 7.90 (Ebit TTM 6.24b / Interest Expense TTM 789.0m)
EV/FCF = 34.10x (Enterprise Value 149b / FCF TTM 4.37b)
FCF Yield = 2.93% (FCF TTM 4.37b / Enterprise Value 149b)
FCF Margin = 4.75% (FCF TTM 4.37b / Revenue TTM 91.9b)
Net Margin = 4.88% (Net Income TTM 4.48b / Revenue TTM 91.9b)
Gross Margin = 24.41% ((Revenue TTM 91.9b - Cost of Revenue TTM 69.5b) / Revenue TTM)
Gross Margin QoQ = 25.98% (prev 26.42%)
Tobins Q-Ratio = 1.57 (Enterprise Value 149b / Total Assets 94.7b)
Interest Expense / Debt = 1.34% (Interest Expense 789.0m / Debt 58.8b)
Taxrate = 24.12% (1.43b / 5.91b)
NOPAT = 4.73b (EBIT 6.24b * (1 - 24.12%))
Current Ratio = 1.47 (Total Current Assets 25.5b / Total Current Liabilities 17.3b)
Debt / Equity = 1.97 (Debt 58.8b / totalStockholderEquity, last quarter 29.8b)
Debt / EBITDA = 4.81 (Net Debt 50.8b / EBITDA 10.6b)
Debt / FCF = 11.62 (Net Debt 50.8b / FCF TTM 4.37b)
Total Stockholder Equity = 28.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.99% (Net Income 4.48b / Total Assets 94.7b)
RoE = 15.76% (Net Income TTM 4.48b / Total Stockholder Equity 28.4b)
RoCE = 12.16% (EBIT 6.24b / Capital Employed (Equity 28.4b + L.T.Debt 22.8b))
RoIC = 6.08% (NOPAT 4.73b / Invested Capital 77.9b)
WACC = 5.81% (E(98.3b)/V(157b) * Re(8.68%) + D(58.8b)/V(157b) * Rd(1.34%) * (1-Tc(0.24)))
Discount Rate = 8.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.22 | Cagr: -2.50%
[DCF] Terminal Value 77.97% ; FCFF base≈4.00b ; Y1≈4.58b ; Y5≈6.74b
[DCF] Fair Price = 212.2 (EV 101b - Net Debt 50.8b = Equity 50.6b / Shares 238.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 92.69 | EPS CAGR: 10.20% | SUE: 1.59 | # QB: 2
Revenue Correlation: 35.50 | Revenue CAGR: 0.62% | SUE: 1.28 | # QB: 5
EPS current Quarter (2026-08-31): EPS=4.43 | Chg30d=+0.22% | Revisions=+0% | Analysts=15
[Analyst] Revisions Ratio: +0%