FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FDX - US31428X1063 - Common Stock
237.75 EUR
+0.45 (+0.19%)
Overall FDX gets a fundamental rating of 6 out of 10. We evaluated FDX against 15 industry peers in the Air Freight & Logistics industry. FDX scores excellent on profitability, but there are some minor concerns on its financial health. FDX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year FDX was profitable.
FDX had a positive operating cash flow in the past year.
FDX had positive earnings in each of the past 5 years.
FDX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FDX has a better Return On Assets (4.66%) than 66.67% of its industry peers.
With a Return On Equity value of 14.82%, FDX perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.32%, FDX is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
FDX had an Average Return On Invested Capital over the past 3 years of 6.03%. This is in line with the industry average of 7.74%.
The 3 year average ROIC (6.03%) for FDX is below the current ROIC(6.32%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 14.82% | ||
| ROIC | 6.32% |
ROA(3y)4.73%
ROA(5y)4.99%
ROE(3y)15.15%
ROE(5y)16.47%
ROIC(3y)6.03%
ROIC(5y)6.27%
1.3 Margins
FDX's Profit Margin of 4.65% is amongst the best of the industry. FDX outperforms 93.33% of its industry peers.
In the last couple of years the Profit Margin of FDX has grown nicely.
Looking at the Operating Margin, with a value of 6.96%, FDX is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
In the last couple of years the Operating Margin of FDX has grown nicely.
With an excellent Gross Margin value of 71.16%, FDX belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
FDX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.96% | ||
| PM (TTM) | 4.65% | ||
| GM | 71.16% |
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%
2. Health
2.1 Basic Checks
FDX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FDX has been reduced compared to 1 year ago.
Compared to 5 years ago, FDX has less shares outstanding
The debt/assets ratio for FDX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.58 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
FDX has a better Altman-Z score (2.58) than 86.67% of its industry peers.
FDX has a debt to FCF ratio of 5.79. This is a neutral value as FDX would need 5.79 years to pay back of all of its debts.
FDX has a Debt to FCF ratio (5.79) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.73 indicates that FDX is somewhat dependend on debt financing.
FDX's Debt to Equity ratio of 0.73 is fine compared to the rest of the industry. FDX outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.79 | ||
| Altman-Z | 2.58 |
ROIC/WACC0.89
WACC7.13%
2.3 Liquidity
A Current Ratio of 1.25 indicates that FDX should not have too much problems paying its short term obligations.
The Current ratio of FDX (1.25) is better than 80.00% of its industry peers.
A Quick Ratio of 1.21 indicates that FDX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.21, FDX is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.49% over the past year.
The Earnings Per Share has been growing by 13.92% on average over the past years. This is quite good.
The Revenue has been growing slightly by 1.14% in the past year.
Measured over the past years, FDX shows a small growth in Revenue. The Revenue has been growing by 4.90% on average per year.
EPS 1Y (TTM)9.49%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%6.39%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%3.08%
3.2 Future
The Earnings Per Share is expected to grow by 10.39% on average over the next years. This is quite good.
FDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.18% yearly.
EPS Next Y0.04%
EPS Next 2Y7.44%
EPS Next 3Y8.71%
EPS Next 5Y10.39%
Revenue Next Year4.58%
Revenue Next 2Y4.31%
Revenue Next 3Y4.1%
Revenue Next 5Y4.18%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.92, the valuation of FDX can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as FDX.
When comparing the Price/Earnings ratio of FDX to the average of the S&P500 Index (26.15), we can say FDX is valued slightly cheaper.
FDX is valuated correctly with a Price/Forward Earnings ratio of 13.09.
Based on the Price/Forward Earnings ratio, FDX is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of FDX to the average of the S&P500 Index (36.12), we can say FDX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.92 | ||
| Fwd PE | 13.09 |
4.2 Price Multiples
60.00% of the companies in the same industry are cheaper than FDX, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as FDX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.79 | ||
| EV/EBITDA | 7.65 |
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)339.91
PEG (5Y)1.07
EPS Next 2Y7.44%
EPS Next 3Y8.71%
5. Dividend
5.1 Amount
FDX has a Yearly Dividend Yield of 2.20%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.01, FDX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, FDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
5.2 History
The dividend of FDX is nicely growing with an annual growth rate of 16.41%!
Dividend Growth(5Y)16.41%
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
FDX pays out 32.68% of its income as dividend. This is a sustainable payout ratio.
The dividend of FDX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP32.68%
EPS Next 2Y7.44%
EPS Next 3Y8.71%
FRA:FDX (11/28/2025, 5:28:00 PM)
237.75
+0.45 (+0.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners79.73%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap56.10B
Revenue(TTM)88.59B
Net Income(TTM)4.12B
Analysts74.86
Price Target239.39 (0.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend4.82
Dividend Growth(5Y)16.41%
DP32.68%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.45%
Min EPS beat(2)3.38%
Max EPS beat(2)5.52%
EPS beat(4)3
Avg EPS beat(4)2.57%
Min EPS beat(4)-1.52%
Max EPS beat(4)5.52%
EPS beat(8)5
Avg EPS beat(8)-1.17%
EPS beat(12)8
Avg EPS beat(12)3.89%
EPS beat(16)9
Avg EPS beat(16)1.35%
Revenue beat(2)2
Avg Revenue beat(2)1.32%
Min Revenue beat(2)0.95%
Max Revenue beat(2)1.69%
Revenue beat(4)3
Avg Revenue beat(4)0.32%
Min Revenue beat(4)-1.68%
Max Revenue beat(4)1.69%
Revenue beat(8)3
Avg Revenue beat(8)-0.82%
Revenue beat(12)3
Avg Revenue beat(12)-1.72%
Revenue beat(16)4
Avg Revenue beat(16)-1.34%
PT rev (1m)2.01%
PT rev (3m)2.63%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)-2.83%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.58%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)2.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.92 | ||
| Fwd PE | 13.09 | ||
| P/S | 0.73 | ||
| P/FCF | 17.79 | ||
| P/OCF | 8.59 | ||
| P/B | 2.34 | ||
| P/tB | 3.08 | ||
| EV/EBITDA | 7.65 |
EPS(TTM)15.93
EY6.7%
EPS(NY)18.16
Fwd EY7.64%
FCF(TTM)13.37
FCFY5.62%
OCF(TTM)27.67
OCFY11.64%
SpS324.05
BVpS101.58
TBVpS77.18
PEG (NY)339.91
PEG (5Y)1.07
Graham Number190.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 14.82% | ||
| ROCE | 8.46% | ||
| ROIC | 6.32% | ||
| ROICexc | 6.91% | ||
| ROICexgc | 7.67% | ||
| OM | 6.96% | ||
| PM (TTM) | 4.65% | ||
| GM | 71.16% | ||
| FCFM | 4.12% |
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-Score5
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.79 | ||
| Debt/EBITDA | 1.94 | ||
| Cap/Depr | 91.42% | ||
| Cap/Sales | 4.41% | ||
| Interest Coverage | 7.25 | ||
| Cash Conversion | 72.42% | ||
| Profit Quality | 88.78% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.58 |
F-Score5
WACC7.13%
ROIC/WACC0.89
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)9.49%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%6.39%
EPS Next Y0.04%
EPS Next 2Y7.44%
EPS Next 3Y8.71%
EPS Next 5Y10.39%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%3.08%
Revenue Next Year4.58%
Revenue Next 2Y4.31%
Revenue Next 3Y4.1%
Revenue Next 5Y4.18%
EBIT growth 1Y5.27%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year73.01%
EBIT Next 3Y25.8%
EBIT Next 5Y16.83%
FCF growth 1Y11.03%
FCF growth 3Y-0.97%
FCF growth 5YN/A
OCF growth 1Y-20.12%
OCF growth 3Y-10.55%
OCF growth 5Y6.66%
FEDEX CORP / FDX.DE FAQ
Can you provide the ChartMill fundamental rating for FEDEX CORP?
ChartMill assigns a fundamental rating of 6 / 10 to FDX.DE.
Can you provide the valuation status for FEDEX CORP?
ChartMill assigns a valuation rating of 4 / 10 to FEDEX CORP (FDX.DE). This can be considered as Fairly Valued.
What is the profitability of FDX stock?
FEDEX CORP (FDX.DE) has a profitability rating of 8 / 10.
What is the expected EPS growth for FEDEX CORP (FDX.DE) stock?
The Earnings per Share (EPS) of FEDEX CORP (FDX.DE) is expected to grow by 0.04% in the next year.
Can you provide the dividend sustainability for FDX stock?
The dividend rating of FEDEX CORP (FDX.DE) is 4 / 10 and the dividend payout ratio is 32.68%.