FEDEX CORP (FDX.DE) Fundamental Analysis & Valuation

FRA:FDX • US31428X1063

Current stock price

336.3 EUR
+2.1 (+0.63%)
Last:

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

6

1. FDX.DE Profitability Analysis

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.
  • In the past 5 years FDX always reported a positive cash flow from operatings.
FDX.DE Yearly Net Income VS EBIT VS OCF VS FCFFDX.DE 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

  • FDX's Return On Assets of 4.73% is in line compared to the rest of the industry. FDX outperforms 52.94% of its industry peers.
  • FDX has a Return On Equity (15.02%) which is comparable to the rest of the industry.
  • FDX's Return On Invested Capital of 6.27% is in line compared to the rest of the industry. FDX outperforms 47.06% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for FDX is in line with the industry average of 7.80%.
  • The 3 year average ROIC (6.03%) for FDX is below the current ROIC(6.27%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.73%
ROE 15.02%
ROIC 6.27%
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.DE Yearly ROA, ROE, ROICFDX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • FDX has a better Profit Margin (4.87%) than 76.47% of its industry peers.
  • FDX's Profit Margin has improved in the last couple of years.
  • FDX has a Operating Margin (7.07%) which is in line with its industry peers.
  • In the last couple of years the Operating Margin of FDX has grown nicely.
  • FDX's Gross Margin of 71.39% is fine compared to the rest of the industry. FDX outperforms 76.47% 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 7.07%
PM (TTM) 4.87%
GM 71.39%
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.DE Yearly Profit, Operating, Gross MarginsFDX.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

5

2. FDX.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FDX 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.
FDX.DE Yearly Shares OutstandingFDX.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
FDX.DE Yearly Total Debt VS Total AssetsFDX.DE 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

  • 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.
  • With a decent Altman-Z score value of 2.80, FDX is doing good in the industry, outperforming 70.59% of the companies in the same industry.
  • FDX has a debt to FCF ratio of 5.78. This is a neutral value as FDX would need 5.78 years to pay back of all of its debts.
  • The Debt to FCF ratio of FDX (5.78) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.77 indicates that FDX is somewhat dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.77, FDX is doing good in the industry, outperforming 76.47% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.77
Debt/FCF 5.78
Altman-Z 2.8
ROIC/WACC0.81
WACC7.73%
FDX.DE Yearly LT Debt VS Equity VS FCFFDX.DE 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

  • FDX has a Current Ratio of 1.47. 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 1.47, FDX is doing good in the industry, outperforming 76.47% of the companies in the same industry.
  • A Quick Ratio of 1.44 indicates that FDX should not have too much problems paying its short term obligations.
  • The Quick ratio of FDX (1.44) is better than 76.47% of its industry peers.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.44
FDX.DE Yearly Current Assets VS Current LiabilitesFDX.DE 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

5

3. FDX.DE 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.
  • The Earnings Per Share has been growing by 13.92% on average over the past years. This is quite good.
  • FDX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.69%.
  • 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)13.66%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%16.41%
Revenue 1Y (TTM)4.69%
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 Y8.69%
EPS Next 2Y11.53%
EPS Next 3Y12.94%
EPS Next 5Y11.88%
Revenue Next Year6.99%
Revenue Next 2Y5.97%
Revenue Next 3Y5.55%
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.
  • 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.
FDX.DE Yearly Revenue VS EstimatesFDX.DE 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.DE Yearly EPS VS EstimatesFDX.DE 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

2

4. FDX.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 19.69, the valuation of FDX can be described as rather expensive.
  • Based on the Price/Earnings ratio, FDX is valued a bit more expensive than 64.71% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of FDX to the average of the S&P500 Index (27.47), we can say FDX is valued slightly cheaper.
  • With a Price/Forward Earnings ratio of 17.34, FDX is valued on the expensive side.
  • 64.71% of the companies in the same industry are cheaper than FDX, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 22.62. FDX is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 19.69
Fwd PE 17.34
FDX.DE Price Earnings VS Forward Price EarningsFDX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FDX is valued a bit more expensive than 76.47% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, FDX is valued a bit more expensive than 76.47% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.47
EV/EBITDA 10.26
FDX.DE Per share dataFDX.DE 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 decent profitability rating of FDX may justify a higher PE ratio.
  • FDX's earnings are expected to grow with 12.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.27
PEG (5Y)1.41
EPS Next 2Y11.53%
EPS Next 3Y12.94%

4

5. FDX.DE Dividend Analysis

5.1 Amount

  • FDX has a Yearly Dividend Yield of 1.52%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.09, FDX is paying slightly less dividend.
  • FDX's Dividend Yield is comparable with the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.52%

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 Years5
Div Non Decr Years7
FDX.DE Yearly Dividends per shareFDX.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • FDX pays out 30.35% 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.
DP30.35%
EPS Next 2Y11.53%
EPS Next 3Y12.94%
FDX.DE Yearly Income VS Free CF VS DividendFDX.DE 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.DE Dividend Payout.FDX.DE Dividend Payout, showing the Payout Ratio.FDX.DE Dividend Payout.PayoutRetained Earnings

FDX.DE Fundamentals: All Metrics, Ratios and Statistics

FEDEX CORP

FRA:FDX (4/23/2026, 7:00:00 PM)

336.3

+2.1 (+0.63%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-19
Earnings (Next)06-23
Inst Owners80.05%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap80.24B
Revenue(TTM)91.93B
Net Income(TTM)4.48B
Analysts75.88
Price Target346.39 (3%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.52%
Yearly Dividend4.71
Dividend Growth(5Y)16.41%
DP30.35%
Div Incr Years5
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.97%
Min EPS beat(2)16.25%
Max EPS beat(2)25.7%
EPS beat(4)4
Avg EPS beat(4)12.71%
Min EPS beat(4)3.38%
Max EPS beat(4)25.7%
EPS beat(8)6
Avg EPS beat(8)3.41%
EPS beat(12)8
Avg EPS beat(12)4.44%
EPS beat(16)10
Avg EPS beat(16)3.38%
Revenue beat(2)2
Avg Revenue beat(2)1.69%
Min Revenue beat(2)1.42%
Max Revenue beat(2)1.95%
Revenue beat(4)4
Avg Revenue beat(4)1.51%
Min Revenue beat(4)0.95%
Max Revenue beat(4)1.95%
Revenue beat(8)5
Avg Revenue beat(8)0.16%
Revenue beat(12)5
Avg Revenue beat(12)-0.75%
Revenue beat(16)5
Avg Revenue beat(16)-1.34%
PT rev (1m)8.19%
PT rev (3m)28.61%
EPS NQ rev (1m)0.89%
EPS NQ rev (3m)1.21%
EPS NY rev (1m)5.34%
EPS NY rev (3m)6.43%
Revenue NQ rev (1m)1.38%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0.77%
Revenue NY rev (3m)1.03%
Valuation
Industry RankSector Rank
PE 19.69
Fwd PE 17.34
P/S 1.02
P/FCF 21.47
P/OCF 11.47
P/B 3.15
P/tB 4.07
EV/EBITDA 10.26
EPS(TTM)17.08
EY5.08%
EPS(NY)19.39
Fwd EY5.77%
FCF(TTM)15.67
FCFY4.66%
OCF(TTM)29.31
OCFY8.72%
SpS329.47
BVpS106.81
TBVpS82.59
PEG (NY)2.27
PEG (5Y)1.41
Graham Number202.603 (-39.76%)
Profitability
Industry RankSector Rank
ROA 4.73%
ROE 15.02%
ROCE 8.4%
ROIC 6.27%
ROICexc 7%
ROICexgc 7.75%
OM 7.07%
PM (TTM) 4.87%
GM 71.39%
FCFM 4.75%
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 Turnover0.97
Health
Industry RankSector Rank
Debt/Equity 0.77
Debt/FCF 5.78
Debt/EBITDA 2.11
Cap/Depr 87.96%
Cap/Sales 4.14%
Interest Coverage 7.53
Cash Conversion 75.51%
Profit Quality 97.61%
Current Ratio 1.47
Quick Ratio 1.44
Altman-Z 2.8
F-Score7
WACC7.73%
ROIC/WACC0.81
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 Y8.69%
EPS Next 2Y11.53%
EPS Next 3Y12.94%
EPS Next 5Y11.88%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%8.3%
Revenue Next Year6.99%
Revenue Next 2Y5.97%
Revenue Next 3Y5.55%
Revenue Next 5Y4.47%
EBIT growth 1Y8.95%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year80.54%
EBIT Next 3Y29.27%
EBIT Next 5Y17.83%
FCF growth 1Y31.14%
FCF growth 3Y-0.97%
FCF growth 5YN/A
OCF growth 1Y-9.73%
OCF growth 3Y-10.55%
OCF growth 5Y6.66%

FEDEX CORP / FDX.DE Fundamental Analysis 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 for FDX stock?

ChartMill assigns a valuation rating of 2 / 10 to FEDEX CORP (FDX.DE). This can be considered as Overvalued.


How profitable is FEDEX CORP (FDX.DE) stock?

FEDEX CORP (FDX.DE) has a profitability rating of 6 / 10.


What is the earnings growth outlook for FEDEX CORP?

The Earnings per Share (EPS) of FEDEX CORP (FDX.DE) is expected to grow by 8.69% in the next year.


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 30.35%.