FEDEX CORP (FDX) Fundamental Analysis & Valuation

NYSE:FDX • US31428X1063

Current stock price

358.85 USD
+2.74 (+0.77%)
At close:
360.25 USD
+1.4 (+0.39%)
After Hours:

This FDX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. FDX Profitability Analysis

1.1 Basic Checks

  • FDX had positive earnings in the past year.
  • FDX had a positive operating cash flow in the past year.
  • Each year in the past 5 years FDX has been profitable.
  • FDX had a positive operating cash flow in each of the past 5 years.
FDX Yearly Net Income VS EBIT VS OCF VS FCFFDX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B 10B

1.2 Ratios

  • With a decent Return On Assets value of 4.86%, FDX is doing good in the industry, outperforming 78.26% of the companies in the same industry.
  • FDX's Return On Equity of 15.39% is amongst the best of the industry. FDX outperforms 82.61% of its industry peers.
  • FDX's Return On Invested Capital of 6.56% is fine compared to the rest of the industry. FDX outperforms 73.91% of its industry peers.
  • FDX had an Average Return On Invested Capital over the past 3 years of 6.03%. This is significantly below the industry average of 11.95%.
  • The 3 year average ROIC (6.03%) for FDX is below the current ROIC(6.56%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.86%
ROE 15.39%
ROIC 6.56%
ROA(3y)4.73%
ROA(5y)4.99%
ROE(3y)15.15%
ROE(5y)16.47%
ROIC(3y)6.03%
ROIC(5y)6.27%
FDX Yearly ROA, ROE, ROICFDX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • The Profit Margin of FDX (4.81%) is better than 82.61% of its industry peers.
  • In the last couple of years the Profit Margin of FDX has grown nicely.
  • With an excellent Operating Margin value of 7.11%, FDX belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FDX has grown nicely.
  • FDX has a Gross Margin of 71.27%. This is amongst the best in the industry. FDX outperforms 95.65% of its industry peers.
  • In the last couple of years the Gross Margin of FDX has remained more or less at the same level.
Industry RankSector Rank
OM 7.11%
PM (TTM) 4.81%
GM 71.27%
OM growth 3Y-0.28%
OM growth 5Y10.92%
PM growth 3Y4.41%
PM growth 5Y20.17%
GM growth 3Y1.06%
GM growth 5Y0.21%
FDX Yearly Profit, Operating, Gross MarginsFDX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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4

2. FDX Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FDX is destroying value.
  • FDX has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for FDX has been reduced compared to 5 years ago.
  • Compared to 1 year ago, FDX has a worse debt to assets ratio.
FDX Yearly Shares OutstandingFDX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
FDX Yearly Total Debt VS Total AssetsFDX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • FDX has an Altman-Z score of 2.80. This is not the best score and indicates that FDX is in the grey zone with still only limited risk for bankruptcy at the moment.
  • FDX has a Altman-Z score of 2.80. This is comparable to the rest of the industry: FDX outperforms 56.52% of its industry peers.
  • The Debt to FCF ratio of FDX is 4.87, which is a neutral value as it means it would take FDX, 4.87 years of fcf income to pay off all of its debts.
  • FDX has a Debt to FCF ratio of 4.87. This is amongst the best in the industry. FDX outperforms 82.61% of its industry peers.
  • FDX has a Debt/Equity ratio of 0.72. This is a neutral value indicating FDX is somewhat dependend on debt financing.
  • FDX has a worse Debt to Equity ratio (0.72) than 65.22% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF 4.87
Altman-Z 2.8
ROIC/WACC0.84
WACC7.85%
FDX Yearly LT Debt VS Equity VS FCFFDX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B 25B

2.3 Liquidity

  • A Current Ratio of 1.27 indicates that FDX should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.27, FDX is doing worse than 65.22% of the companies in the same industry.
  • A Quick Ratio of 1.23 indicates that FDX should not have too much problems paying its short term obligations.
  • FDX has a worse Quick ratio (1.23) than 65.22% of its industry peers.
Industry RankSector Rank
Current Ratio 1.27
Quick Ratio 1.23
FDX Yearly Current Assets VS Current LiabilitesFDX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. FDX Growth Analysis

3.1 Past

  • FDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.66%, which is quite good.
  • FDX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.92% yearly.
  • Looking at the last year, FDX shows a small growth in Revenue. The Revenue has grown by 0.27% in the last year.
  • FDX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)13.66%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%16.41%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%8.3%

3.2 Future

  • FDX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.88% yearly.
  • FDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.47% yearly.
EPS Next Y3.18%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
EPS Next 5Y11.88%
Revenue Next Year6.17%
Revenue Next 2Y5.19%
Revenue Next 3Y4.87%
Revenue Next 5Y4.47%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
FDX Yearly Revenue VS EstimatesFDX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 20B 40B 60B 80B 100B
FDX Yearly EPS VS EstimatesFDX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 10 20 30 40

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Find the best growth stocksShow best growing peers

6

4. FDX Valuation Analysis

4.1 Price/Earnings Ratio

  • FDX is valuated rather expensively with a Price/Earnings ratio of 17.97.
  • Compared to the rest of the industry, the Price/Earnings ratio of FDX indicates a somewhat cheap valuation: FDX is cheaper than 78.26% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.23, FDX is valued a bit cheaper.
  • A Price/Forward Earnings ratio of 16.38 indicates a correct valuation of FDX.
  • 86.96% of the companies in the same industry are more expensive than FDX, based on the Price/Forward Earnings ratio.
  • FDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.42.
Industry RankSector Rank
PE 17.97
Fwd PE 16.38
FDX Price Earnings VS Forward Price EarningsFDX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 78.26% of the companies in the same industry are more expensive than FDX, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, FDX is valued cheaper than 91.30% of the companies in the same industry.
Industry RankSector Rank
P/FCF 19.4
EV/EBITDA 9.26
FDX Per share dataFDX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of FDX may justify a higher PE ratio.
PEG (NY)5.65
PEG (5Y)1.29
EPS Next 2Y9.61%
EPS Next 3Y10.79%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. FDX Dividend Analysis

5.1 Amount

  • FDX has a Yearly Dividend Yield of 1.63%.
  • Compared to an average industry Dividend Yield of 1.17, FDX pays a better dividend. On top of this FDX pays more dividend than 86.96% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.89, FDX has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.63%

5.2 History

  • The dividend of FDX is nicely growing with an annual growth rate of 16.41%!
  • FDX has been paying a dividend for at least 10 years, so it has a reliable track record.
  • FDX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)16.41%
Div Incr Years4
Div Non Decr Years22
FDX Yearly Dividends per shareFDX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • 31.16% of the earnings are spent on dividend by FDX. This is a low number and sustainable payout ratio.
  • FDX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.16%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
FDX Yearly Income VS Free CF VS DividendFDX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B
FDX Dividend Payout.FDX Dividend Payout, showing the Payout Ratio.FDX Dividend Payout.PayoutRetained Earnings

More info and screens

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FDX Fundamentals: All Metrics, Ratios and Statistics

FEDEX CORP

NYSE:FDX (3/20/2026, 8:04:00 PM)

After market: 360.25 +1.4 (+0.39%)

358.85

+2.74 (+0.77%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-19
Earnings (Next)06-22
Inst Owners81.31%
Inst Owner Change1.33%
Ins Owners0.26%
Ins Owner Change0.11%
Market Cap84.37B
Revenue(TTM)87.93B
Net Income(TTM)4.33B
Analysts75.29
Price Target377.76 (5.27%)
Short Float %1.48%
Short Ratio1.69
Dividend
Industry RankSector Rank
Dividend Yield 1.63%
Yearly Dividend5.55
Dividend Growth(5Y)16.41%
DP31.16%
Div Incr Years4
Div Non Decr Years22
Ex-Date03-09
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.88%
Min EPS beat(2)5.52%
Max EPS beat(2)16.25%
EPS beat(4)3
Avg EPS beat(4)5.91%
Min EPS beat(4)-1.52%
Max EPS beat(4)16.25%
EPS beat(8)6
Avg EPS beat(8)1.56%
EPS beat(12)8
Avg EPS beat(12)4.27%
EPS beat(16)9
Avg EPS beat(16)1.64%
Revenue beat(2)2
Avg Revenue beat(2)1.82%
Min Revenue beat(2)1.69%
Max Revenue beat(2)1.95%
Revenue beat(4)4
Avg Revenue beat(4)1.22%
Min Revenue beat(4)0.3%
Max Revenue beat(4)1.95%
Revenue beat(8)4
Avg Revenue beat(8)-0.32%
Revenue beat(12)4
Avg Revenue beat(12)-1.16%
Revenue beat(16)4
Avg Revenue beat(16)-1.44%
PT rev (1m)17.57%
PT rev (3m)23.35%
EPS NQ rev (1m)1.92%
EPS NQ rev (3m)-2.31%
EPS NY rev (1m)0.45%
EPS NY rev (3m)2.96%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)1.38%
Valuation
Industry RankSector Rank
PE 17.97
Fwd PE 16.38
P/S 0.94
P/FCF 19.4
P/OCF 10.29
P/B 3
P/tB 3.92
EV/EBITDA 9.26
EPS(TTM)19.97
EY5.56%
EPS(NY)21.9
Fwd EY6.1%
FCF(TTM)18.49
FCFY5.15%
OCF(TTM)34.87
OCFY9.72%
SpS383.18
BVpS119.68
TBVpS91.5
PEG (NY)5.65
PEG (5Y)1.29
Graham Number231.9
Profitability
Industry RankSector Rank
ROA 4.86%
ROE 15.39%
ROCE 8.78%
ROIC 6.56%
ROICexc 7.2%
ROICexgc 8%
OM 7.11%
PM (TTM) 4.81%
GM 71.27%
FCFM 4.83%
ROA(3y)4.73%
ROA(5y)4.99%
ROE(3y)15.15%
ROE(5y)16.47%
ROIC(3y)6.03%
ROIC(5y)6.27%
ROICexc(3y)6.59%
ROICexc(5y)6.9%
ROICexgc(3y)7.32%
ROICexgc(5y)7.71%
ROCE(3y)8.07%
ROCE(5y)8.39%
ROICexgc growth 3Y-3.37%
ROICexgc growth 5Y12.94%
ROICexc growth 3Y-3.24%
ROICexc growth 5Y13.26%
OM growth 3Y-0.28%
OM growth 5Y10.92%
PM growth 3Y4.41%
PM growth 5Y20.17%
GM growth 3Y1.06%
GM growth 5Y0.21%
F-Score7
Asset Turnover1.01
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF 4.87
Debt/EBITDA 1.9
Cap/Depr 89.89%
Cap/Sales 4.27%
Interest Coverage 7.48
Cash Conversion 76.72%
Profit Quality 100.37%
Current Ratio 1.27
Quick Ratio 1.23
Altman-Z 2.8
F-Score7
WACC7.85%
ROIC/WACC0.84
Cap/Depr(3y)121.23%
Cap/Depr(5y)137.83%
Cap/Sales(3y)5.79%
Cap/Sales(5y)6.32%
Profit Quality(3y)70.96%
Profit Quality(5y)74.93%
High Growth Momentum
Growth
EPS 1Y (TTM)13.66%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%16.41%
EPS Next Y3.18%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
EPS Next 5Y11.88%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%8.3%
Revenue Next Year6.17%
Revenue Next 2Y5.19%
Revenue Next 3Y4.87%
Revenue Next 5Y4.47%
EBIT growth 1Y10.09%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year75.75%
EBIT Next 3Y27%
EBIT Next 5Y17.83%
FCF growth 1Y6.05%
FCF growth 3Y-0.97%
FCF growth 5YN/A
OCF growth 1Y-15.72%
OCF growth 3Y-10.55%
OCF growth 5Y6.66%

FEDEX CORP / FDX Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for FEDEX CORP?

ChartMill assigns a fundamental rating of 6 / 10 to FDX.


What is the valuation status of FEDEX CORP (FDX) stock?

ChartMill assigns a valuation rating of 6 / 10 to FEDEX CORP (FDX). This can be considered as Fairly Valued.


What is the profitability of FDX stock?

FEDEX CORP (FDX) has a profitability rating of 8 / 10.


Can you provide the financial health for FDX stock?

The financial health rating of FEDEX CORP (FDX) is 4 / 10.


How sustainable is the dividend of FEDEX CORP (FDX) stock?

The dividend rating of FEDEX CORP (FDX) is 7 / 10 and the dividend payout ratio is 31.16%.