FEDEX CORP (FDX.DE) Stock Fundamental Analysis
FRA:FDX • US31428X1063
328.7 EUR
+3.5 (+1.08%)
Last: Feb 24, 2026, 05:20 PM
Overall FDX gets a fundamental rating of 5 out of 10. We evaluated FDX against 16 industry peers in the Air Freight & Logistics industry. While FDX has a great profitability rating, there are some minor concerns on its financial health. While showing a medium growth rate, FDX is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year FDX was profitable.
- FDX had a positive operating cash flow in the past year.
- Each year in the past 5 years FDX has been profitable.
- In the past 5 years FDX always reported a positive cash flow from operatings.
1.2 Ratios
- FDX has a better Return On Assets (4.86%) than 62.50% of its industry peers.
- 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 better than 62.50% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for FDX is below the industry average of 9.85%.
- The last Return On Invested Capital (6.56%) for FDX is above the 3 year average (6.03%), which is a sign of increasing profitability.
| 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
- With an excellent Profit Margin value of 4.81%, FDX belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
- FDX's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 7.11%, FDX is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
- FDX's Operating Margin has improved in the last couple of years.
- The Gross Margin of FDX (71.27%) is better than 87.50% 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. 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
- An Altman-Z score of 2.85 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- FDX's Altman-Z score of 2.85 is fine compared to the rest of the industry. FDX outperforms 75.00% 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.
- The Debt to FCF ratio of FDX (4.87) is better than 62.50% of its industry peers.
- A Debt/Equity ratio of 0.72 indicates that FDX is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.72, FDX is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | 2.85 |
ROIC/WACC0.88
WACC7.48%
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 75.00% of its industry peers.
- 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 better Quick ratio (1.23) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.23 |
3. Growth
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.
- FDX shows a small growth in Revenue. In the last year, the Revenue has grown by 3.09%.
- 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
- 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.
- The Revenue is expected to grow by 4.43% on average over the next years.
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 20.14, the valuation of FDX can be described as rather expensive.
- FDX's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 26.98. FDX is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 18.09 indicates a rather expensive valuation of FDX.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FDX is on the same level as its industry peers.
- FDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.14 | ||
| Fwd PE | 18.09 |
4.2 Price Multiples
- FDX's Enterprise Value to EBITDA is on the same level as the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as FDX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.95 | ||
| EV/EBITDA | 9.8 |
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)7.41
PEG (5Y)1.45
EPS Next 2Y8.37%
EPS Next 3Y9.15%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.57%, FDX has a reasonable but not impressive dividend return.
- FDX's Dividend Yield is slightly below the industry average, which is at 3.08.
- Compared to an average S&P500 Dividend Yield of 1.81, FDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.57% |
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 2Y8.37%
EPS Next 3Y9.15%
FRA:FDX (2/24/2026, 5:20:38 PM)
328.7
+3.5 (+1.08%)
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 Cap77.28B
Revenue(TTM)90.09B
Net Income(TTM)4.33B
Analysts74.86
Price Target259.98 (-20.91%)
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 | 20.14 | ||
| Fwd PE | 18.09 | ||
| P/S | 1.01 | ||
| P/FCF | 20.95 | ||
| P/OCF | 11.11 | ||
| P/B | 3.24 | ||
| P/tB | 4.23 | ||
| EV/EBITDA | 9.8 |
EPS(TTM)16.32
EY4.97%
EPS(NY)18.17
Fwd EY5.53%
FCF(TTM)15.69
FCFY4.77%
OCF(TTM)29.59
OCFY9%
SpS325.17
BVpS101.56
TBVpS77.65
PEG (NY)7.41
PEG (5Y)1.45
Graham Number193.12
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 | 2.85 |
F-Score7
WACC7.48%
ROIC/WACC0.88
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%.