FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FDX - US31428X1063 - Common Stock
269.05 EUR
-1.9 (-0.7%)
We assign a fundamental rating of 5 out of 10 to FDX. FDX was compared to 18 industry peers in the Air Freight & Logistics industry. FDX has an average financial health and profitability rating. FDX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year FDX was profitable.
- 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 comparable to the rest of the industry: FDX outperforms 50.00% of its industry peers.
- With a Return On Equity value of 15.39%, FDX is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
- Looking at the Return On Invested Capital, with a value of 6.56%, FDX is in line with its industry, outperforming 50.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for FDX is below the industry average of 10.53%.
- 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 72.22% of its industry peers.
- FDX's Profit Margin has improved in the last couple of years.
- FDX has a Operating Margin (7.11%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of FDX has grown nicely.
- The Gross Margin of FDX (71.27%) is better than 83.33% 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
- 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 2.70 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- FDX has a better Altman-Z score (2.70) than 61.11% of its industry peers.
- 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 61.11% of its industry peers.
- A Debt/Equity ratio of 0.72 indicates that FDX is somewhat dependend on debt financing.
- FDX's Debt to Equity ratio of 0.72 is fine compared to the rest of the industry. FDX outperforms 72.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | 2.7 |
ROIC/WACC0.89
WACC7.39%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that FDX should not have too much problems paying its short term obligations.
- FDX has a better Current ratio (1.27) than 61.11% 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's Quick ratio of 1.23 is fine compared to the rest of the industry. FDX outperforms 66.67% 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.
- Looking at the last year, FDX shows a small growth in Revenue. The Revenue has grown by 3.09% in the last year.
- 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)13.65%
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 11.48% on average per year.
- The Revenue is expected to grow by 4.28% on average over the next years.
EPS Next Y2.12%
EPS Next 2Y8.42%
EPS Next 3Y9.27%
EPS Next 5Y11.48%
Revenue Next Year5.57%
Revenue Next 2Y4.88%
Revenue Next 3Y4.57%
Revenue Next 5Y4.28%
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.
4. Valuation
4.1 Price/Earnings Ratio
- FDX is valuated correctly with a Price/Earnings ratio of 16.27.
- Compared to the rest of the industry, the Price/Earnings ratio of FDX is on the same level as its industry peers.
- FDX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
- FDX is valuated correctly with a Price/Forward Earnings ratio of 14.60.
- FDX's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. FDX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.27 | ||
| Fwd PE | 14.6 |
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 | 16.97 | ||
| EV/EBITDA | 8.32 |
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.
PEG (NY)7.66
PEG (5Y)1.17
EPS Next 2Y8.42%
EPS Next 3Y9.27%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.88%, 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 1.92, FDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
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
- FDX pays out 31.16% 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.
DP31.16%
EPS Next 2Y8.42%
EPS Next 3Y9.27%
FRA:FDX (1/16/2026, 5:28:45 PM)
269.05
-1.9 (-0.7%)
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 Cap63.49B
Revenue(TTM)90.09B
Net Income(TTM)4.33B
Analysts75.29
Price Target249.33 (-7.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend4.77
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)3.31%
PT rev (3m)6.25%
EPS NQ rev (1m)-5.17%
EPS NQ rev (3m)-4.38%
EPS NY rev (1m)1.91%
EPS NY rev (3m)1.07%
Revenue NQ rev (1m)0.89%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.27 | ||
| Fwd PE | 14.6 | ||
| P/S | 0.82 | ||
| P/FCF | 16.97 | ||
| P/OCF | 9 | ||
| P/B | 2.62 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 8.32 |
EPS(TTM)16.54
EY6.15%
EPS(NY)18.43
Fwd EY6.85%
FCF(TTM)15.85
FCFY5.89%
OCF(TTM)29.89
OCFY11.11%
SpS328.47
BVpS102.6
TBVpS78.44
PEG (NY)7.66
PEG (5Y)1.17
Graham Number195.4
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 | 2.7 |
F-Score7
WACC7.39%
ROIC/WACC0.89
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 Y2.12%
EPS Next 2Y8.42%
EPS Next 3Y9.27%
EPS Next 5Y11.48%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
Revenue Next Year5.57%
Revenue Next 2Y4.88%
Revenue Next 3Y4.57%
Revenue Next 5Y4.28%
EBIT growth 1Y10.09%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year74.69%
EBIT Next 3Y26.03%
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 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.
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%.