FEDEX CORP (FDX.DE) Fundamental Analysis & Valuation
FRA:FDX • US31428X1063
310.45 EUR
-4.2 (-1.33%)
Last: Mar 11, 2026, 07:00 PM
This FDX.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, FDX scores 5 out of 10 in our fundamental rating. FDX was compared to 19 industry peers in the Air Freight & Logistics industry. Both the profitability and the financial health of FDX get a neutral evaluation. Nothing too spectacular is happening here. FDX is valied quite expensively at the moment, while it does show a decent growth rate.
1. FDX.DE 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.
- Each year in the past 5 years FDX had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.86%, FDX is in line with its industry, outperforming 52.63% of the companies in the same industry.
- The Return On Equity of FDX (15.39%) is comparable to the rest of the industry.
- The Return On Invested Capital of FDX (6.56%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FDX is below the industry average of 10.46%.
- 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 better Profit Margin (4.81%) than 78.95% of its industry peers.
- FDX's Profit Margin has improved in the last couple of years.
- With a Operating Margin value of 7.11%, FDX perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
- In the last couple of years the Operating Margin of FDX has grown nicely.
- FDX's Gross Margin of 71.27% is amongst the best of the industry. FDX outperforms 84.21% of its industry peers.
- FDX's Gross Margin has been stable in the last couple of years.
| 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. FDX.DE Health Analysis
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.
- 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.
2.2 Solvency
- An Altman-Z score of 2.80 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of FDX (2.80) is better than 68.42% of its industry peers.
- FDX has a debt to FCF ratio of 4.87. This is a neutral value as FDX would need 4.87 years to pay back of all of its debts.
- FDX has a Debt to FCF ratio (4.87) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.72 indicates that FDX is somewhat dependend on debt financing.
- FDX has a Debt to Equity ratio of 0.72. This is in the better half of the industry: FDX outperforms 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | 2.8 |
ROIC/WACC0.87
WACC7.52%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that FDX should not have too much problems paying its short term obligations.
- FDX's Current ratio of 1.27 is fine compared to the rest of the industry. FDX outperforms 73.68% of its industry peers.
- A Quick Ratio of 1.23 indicates that FDX should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.23, FDX is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.23 |
3. FDX.DE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 13.65% over the past year.
- 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 3.09% in the last year.
- The Revenue has been growing slightly by 4.90% on average over the past years.
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
- 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.
- The Revenue is expected to grow by 4.47% on average over the next years.
EPS Next Y3.18%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
EPS Next 5Y11.88%
Revenue Next Year6.09%
Revenue Next 2Y5.13%
Revenue Next 3Y4.79%
Revenue Next 5Y4.47%
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. FDX.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 18.70, FDX is valued on the expensive side.
- The rest of the industry has a similar Price/Earnings ratio as FDX.
- FDX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 16.41 indicates a correct valuation of FDX.
- FDX's Price/Forward Earnings is on the same level as the industry average.
- FDX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.7 | ||
| Fwd PE | 16.41 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as FDX.
- Based on the Price/Free Cash Flow ratio, FDX is valued a bit more expensive than 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.44 | ||
| EV/EBITDA | 9.28 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- FDX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.88
PEG (5Y)1.34
EPS Next 2Y9.61%
EPS Next 3Y10.79%
5. FDX.DE Dividend Analysis
5.1 Amount
- FDX has a Yearly Dividend Yield of 1.55%.
- FDX's Dividend Yield is slightly below the industry average, which is at 3.08.
- FDX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
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
- 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 2Y9.61%
EPS Next 3Y10.79%
FDX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:FDX (3/11/2026, 7:00:00 PM)
310.45
-4.2 (-1.33%)
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 Owners81.31%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap72.99B
Revenue(TTM)90.09B
Net Income(TTM)4.33B
Analysts75.29
Price Target320.16 (3.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.55% |
Yearly Dividend4.8
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)23.15%
PT rev (3m)32.66%
EPS NQ rev (1m)2.05%
EPS NQ rev (3m)-2.97%
EPS NY rev (1m)0.45%
EPS NY rev (3m)2.96%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)1.17%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.7 | ||
| Fwd PE | 16.41 | ||
| P/S | 0.94 | ||
| P/FCF | 19.44 | ||
| P/OCF | 10.31 | ||
| P/B | 3 | ||
| P/tB | 3.93 | ||
| EV/EBITDA | 9.28 |
EPS(TTM)16.6
EY5.35%
EPS(NY)18.91
Fwd EY6.09%
FCF(TTM)15.97
FCFY5.14%
OCF(TTM)30.11
OCFY9.7%
SpS330.87
BVpS103.34
TBVpS79.01
PEG (NY)5.88
PEG (5Y)1.34
Graham Number196.47
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 | 2.8 |
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 Y3.18%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
EPS Next 5Y11.88%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
Revenue Next Year6.09%
Revenue Next 2Y5.13%
Revenue Next 3Y4.79%
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.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 6 / 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%.