FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FDX - US31428X1063 - Common Stock
244.55 EUR
+5.7 (+2.39%)
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 has a decent growth rate and is not valued too expensively.
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 (4.66%) which is comparable to the rest of the industry.
FDX has a Return On Equity of 14.82%. This is comparable to the rest of the industry: FDX outperforms 52.63% of its industry peers.
The Return On Invested Capital of FDX (6.32%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for FDX is below the industry average of 9.13%.
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
The Profit Margin of FDX (4.65%) is better than 78.95% of its industry peers.
In the last couple of years the Profit Margin of FDX has grown nicely.
The Operating Margin of FDX (6.96%) is comparable to the rest of the industry.
FDX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 71.16%, FDX belongs to the top of the industry, outperforming 84.21% 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.
FDX has less shares outstanding than it did 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
FDX has an Altman-Z score of 2.61. 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 2.61. This is in the better half of the industry: FDX outperforms 68.42% of its industry peers.
The Debt to FCF ratio of FDX is 5.79, which is a neutral value as it means it would take FDX, 5.79 years of fcf income to pay off 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 has a Debt to Equity ratio of 0.73. This is in the better half of the industry: FDX outperforms 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.79 | ||
| Altman-Z | 2.61 |
ROIC/WACC0.87
WACC7.27%
2.3 Liquidity
A Current Ratio of 1.25 indicates that FDX should not have too much problems paying its short term obligations.
FDX has a Current ratio of 1.25. This is in the better half of the industry: FDX outperforms 68.42% of its industry peers.
FDX has a Quick Ratio of 1.21. This is a normal value and indicates that FDX is financially healthy and should not expect problems in meeting 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 73.68% 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.
FDX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
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.
Based on estimates for the next years, FDX will show a small growth in Revenue. The Revenue will grow by 4.18% on average per year.
EPS Next Y0.21%
EPS Next 2Y7.46%
EPS Next 3Y8.91%
EPS Next 5Y10.39%
Revenue Next Year4.72%
Revenue Next 2Y4.33%
Revenue Next 3Y4.22%
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.
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 15.52, the valuation of FDX can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of FDX is on the same level as its industry peers.
FDX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.54.
With a Price/Forward Earnings ratio of 13.61, FDX is valued correctly.
FDX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FDX is cheaper than 68.42% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FDX to the average of the S&P500 Index (23.78), we can say FDX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.52 | ||
| Fwd PE | 13.61 |
4.2 Price Multiples
FDX's Enterprise Value to EBITDA is on the same level as the industry average.
FDX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.5 | ||
| EV/EBITDA | 7.91 |
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)73.1
PEG (5Y)1.11
EPS Next 2Y7.46%
EPS Next 3Y8.91%
5. Dividend
5.1 Amount
FDX has a Yearly Dividend Yield of 2.12%.
Compared to an average industry Dividend Yield of 3.83, FDX has a dividend in line with its industry peers.
FDX's Dividend Yield is comparable with the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
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 2Y7.46%
EPS Next 3Y8.91%
FRA:FDX (12/11/2025, 7:00:00 PM)
244.55
+5.7 (+2.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners80.03%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap57.70B
Revenue(TTM)88.59B
Net Income(TTM)4.12B
Analysts75.88
Price Target241.34 (-1.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.12% |
Yearly Dividend4.77
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)2.72%
PT rev (3m)3.47%
EPS NQ rev (1m)0.78%
EPS NQ rev (3m)-2.18%
EPS NY rev (1m)0.17%
EPS NY rev (3m)-2.42%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)2.44%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)2.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.52 | ||
| Fwd PE | 13.61 | ||
| P/S | 0.76 | ||
| P/FCF | 18.5 | ||
| P/OCF | 8.94 | ||
| P/B | 2.43 | ||
| P/tB | 3.2 | ||
| EV/EBITDA | 7.91 |
EPS(TTM)15.76
EY6.44%
EPS(NY)17.97
Fwd EY7.35%
FCF(TTM)13.22
FCFY5.41%
OCF(TTM)27.37
OCFY11.19%
SpS320.51
BVpS100.47
TBVpS76.33
PEG (NY)73.1
PEG (5Y)1.11
Graham Number188.75
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 | 2.61 |
F-Score5
WACC7.27%
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)9.49%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%6.39%
EPS Next Y0.21%
EPS Next 2Y7.46%
EPS Next 3Y8.91%
EPS Next 5Y10.39%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%3.08%
Revenue Next Year4.72%
Revenue Next 2Y4.33%
Revenue Next 3Y4.22%
Revenue Next 5Y4.18%
EBIT growth 1Y5.27%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year73.24%
EBIT Next 3Y25.93%
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 5 / 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 6 / 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 0.21% 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%.