FEDEX CORP (FDX.DE) Stock Fundamental Analysis
FRA:FDX • US31428X1063
327.25 EUR
+1.2 (+0.37%)
Last: Feb 20, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to FDX. FDX was compared to 16 industry peers in the Air Freight & Logistics industry. While FDX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FDX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- FDX had positive earnings in the past year.
- In the past year FDX had a positive cash flow from operations.
- 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.
1.2 Ratios
- FDX has a Return On Assets of 4.86%. This is in the better half of the industry: FDX outperforms 62.50% of its industry peers.
- The Return On Equity of FDX (15.39%) is comparable to the rest of the industry.
- FDX has a Return On Invested Capital of 6.56%. This is in the better half of the industry: FDX outperforms 62.50% of its industry peers.
- FDX had an Average Return On Invested Capital over the past 3 years of 6.03%. This is below the industry average of 9.85%.
- The 3 year average ROIC (6.03%) for FDX is below the current ROIC(6.56%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- FDX has a Profit Margin of 4.81%. This is amongst the best in the industry. FDX outperforms 81.25% of its industry peers.
- In the last couple of years the Profit Margin of FDX has grown nicely.
- FDX's Operating Margin of 7.11% is fine compared to the rest of the industry. FDX outperforms 62.50% of its industry peers.
- FDX's Operating Margin has improved in the last couple of years.
- FDX's Gross Margin of 71.27% is amongst the best of the industry. FDX outperforms 87.50% 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 Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FDX is destroying value.
- FDX has less shares outstanding than it did 1 year ago.
- FDX has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, FDX has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.86 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 2.86, FDX is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- 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 better Debt to FCF ratio (4.87) than 62.50% 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 better Debt to Equity ratio (0.72) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | 2.86 |
ROIC/WACC0.87
WACC7.52%
2.3 Liquidity
- FDX has a Current Ratio of 1.27. This is a normal value and indicates that FDX is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Current ratio value of 1.27, FDX is doing good in the industry, outperforming 75.00% of the companies in the same industry.
- FDX has a Quick Ratio of 1.23. This is a normal value and indicates that FDX is financially healthy and should not expect problems in meeting its short term obligations.
- FDX has a Quick ratio of 1.23. This is in the better half of the industry: FDX outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
- FDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.65%, which is quite good.
- Measured over the past years, FDX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.92% on average per year.
- FDX shows a small growth in Revenue. In the last year, the Revenue has grown by 3.09%.
- FDX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)13.65%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%19.01%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
3.2 Future
- Based on estimates for the next years, FDX will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.51% on average per year.
- Based on estimates for the next years, FDX will show a small growth in Revenue. The Revenue will grow by 4.43% on average per year.
EPS Next Y2.72%
EPS Next 2Y8.37%
EPS Next 3Y9.15%
EPS Next 5Y11.51%
Revenue Next Year5.9%
Revenue Next 2Y5.11%
Revenue Next 3Y4.66%
Revenue Next 5Y4.43%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 20.03, the valuation of FDX can be described as rather expensive.
- FDX's Price/Earnings is on the same level as the industry average.
- FDX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 17.99, the valuation of FDX can be described as rather expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as FDX.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, FDX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.03 | ||
| Fwd PE | 17.99 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as FDX.
- The rest of the industry has a similar Price/Free Cash Flow ratio as FDX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.82 | ||
| EV/EBITDA | 9.84 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FDX does not grow enough to justify the current Price/Earnings ratio.
- FDX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.36
PEG (5Y)1.44
EPS Next 2Y8.37%
EPS Next 3Y9.15%
5. Dividend
5.1 Amount
- FDX has a Yearly Dividend Yield of 1.57%. Purely for dividend investing, there may be better candidates out there.
- FDX's Dividend Yield is slightly below the industry average, which is at 3.08.
- Compared to an average S&P500 Dividend Yield of 1.80, FDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
5.2 History
- On average, the dividend of FDX grows each year by 16.41%, which is quite nice.
Dividend Growth(5Y)16.41%
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
- 31.16% of the earnings are spent on dividend by FDX. This is a low number and sustainable payout ratio.
- The dividend of FDX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP31.16%
EPS Next 2Y8.37%
EPS Next 3Y9.15%
FRA:FDX (2/20/2026, 7:00:00 PM)
327.25
+1.2 (+0.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)12-18 2025-12-18/amc
Earnings (Next)03-19 2026-03-19/amc
Inst Owners80.48%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap76.94B
Revenue(TTM)90.09B
Net Income(TTM)4.33B
Analysts74.86
Price Target259.98 (-20.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
Yearly Dividend4.68
Dividend Growth(5Y)16.41%
DP31.16%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
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)-3.47%
PT rev (3m)11.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.12%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)2.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.03 | ||
| Fwd PE | 17.99 | ||
| P/S | 1 | ||
| P/FCF | 20.82 | ||
| P/OCF | 11.04 | ||
| P/B | 3.22 | ||
| P/tB | 4.21 | ||
| EV/EBITDA | 9.84 |
EPS(TTM)16.34
EY4.99%
EPS(NY)18.2
Fwd EY5.56%
FCF(TTM)15.72
FCFY4.8%
OCF(TTM)29.63
OCFY9.05%
SpS325.64
BVpS101.71
TBVpS77.76
PEG (NY)7.36
PEG (5Y)1.44
Graham Number193.38
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.86 |
F-Score7
WACC7.52%
ROIC/WACC0.87
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)13.65%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%19.01%
EPS Next Y2.72%
EPS Next 2Y8.37%
EPS Next 3Y9.15%
EPS Next 5Y11.51%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
Revenue Next Year5.9%
Revenue Next 2Y5.11%
Revenue Next 3Y4.66%
Revenue Next 5Y4.43%
EBIT growth 1Y10.09%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year75.16%
EBIT Next 3Y25.95%
EBIT Next 5Y16.61%
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.DE FAQ
Can you provide the ChartMill fundamental rating for FEDEX CORP?
ChartMill assigns a fundamental rating of 5 / 10 to FDX.DE.
What is the valuation status of FEDEX CORP (FDX.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to FEDEX CORP (FDX.DE). This can be considered as Overvalued.
What is the profitability of FDX stock?
FEDEX CORP (FDX.DE) has a profitability rating of 7 / 10.
Can you provide the financial health for FDX stock?
The financial health rating of FEDEX CORP (FDX.DE) is 5 / 10.
How sustainable is the dividend of FEDEX CORP (FDX.DE) stock?
The dividend rating of FEDEX CORP (FDX.DE) is 4 / 10 and the dividend payout ratio is 31.16%.