FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - FRA:FDX - US31428X1063 - Common Stock
213.45 EUR
+1.55 (+0.73%)
We assign a fundamental rating of 6 out of 10 to FDX. FDX was compared to 14 industry peers in the Air Freight & Logistics industry. FDX has an excellent profitability rating, but there are some minor concerns on its financial health. 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.
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 4.66%, FDX is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
FDX has a Return On Equity (14.82%) which is comparable to the rest of the industry.
FDX has a better Return On Invested Capital (6.32%) than 71.43% of its industry peers.
FDX had an Average Return On Invested Capital over the past 3 years of 6.03%. This is below the industry average of 9.23%.
The last Return On Invested Capital (6.32%) for FDX is above the 3 year average (6.03%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 4.65%, FDX belongs to the best of the industry, outperforming 85.71% 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 6.96%, FDX is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
FDX's Operating Margin has improved in the last couple of years.
FDX's Gross Margin of 71.16% is amongst the best of the industry. FDX outperforms 92.86% 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 | 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FDX is destroying value.
FDX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, FDX has less shares outstanding
Compared to 1 year ago, FDX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.52 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
FDX's Altman-Z score of 2.52 is fine compared to the rest of the industry. FDX outperforms 71.43% of its industry peers.
FDX has a debt to FCF ratio of 5.79. This is a neutral value as FDX would need 5.79 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.79, FDX is doing good in the industry, outperforming 64.29% of the companies in the same industry.
A Debt/Equity ratio of 0.73 indicates that FDX is somewhat dependend on debt financing.
FDX has a better Debt to Equity ratio (0.73) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.79 | ||
| Altman-Z | 2.52 |
ROIC/WACC0.9
WACC7.01%
2.3 Liquidity
A Current Ratio of 1.25 indicates that FDX should not have too much problems paying its short term obligations.
FDX's Current ratio of 1.25 is fine compared to the rest of the industry. FDX outperforms 64.29% of its industry peers.
A Quick Ratio of 1.21 indicates that FDX should not have too much problems paying its short term obligations.
FDX's Quick ratio of 1.21 is fine compared to the rest of the industry. FDX outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
FDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.49%, 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.
The Revenue has been growing slightly by 1.14% in the past 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)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 Y0.04%
EPS Next 2Y7.44%
EPS Next 3Y8.91%
EPS Next 5Y10.39%
Revenue Next Year4.58%
Revenue Next 2Y4.31%
Revenue Next 3Y4.23%
Revenue Next 5Y4.18%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
The Price/Earnings ratio is 13.46, which indicates a correct valuation of FDX.
FDX's Price/Earnings ratio is a bit cheaper when compared to the industry. FDX is cheaper than 71.43% of the companies in the same industry.
FDX is valuated cheaply when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.81, the valuation of FDX can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDX indicates a rather cheap valuation: FDX is cheaper than 92.86% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FDX to the average of the S&P500 Index (23.09), we can say FDX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.46 | ||
| Fwd PE | 11.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FDX is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as FDX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.04 | ||
| EV/EBITDA | 7.01 |
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)306.52
PEG (5Y)0.97
EPS Next 2Y7.44%
EPS Next 3Y8.91%
5. Dividend
5.1 Amount
FDX has a Yearly Dividend Yield of 2.44%. Purely for dividend investing, there may be better candidates out there.
FDX's Dividend Yield is comparable with the industry average which is at 3.83.
Compared to an average S&P500 Dividend Yield of 2.30, FDX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
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 2Y7.44%
EPS Next 3Y8.91%
FRA:FDX (10/28/2025, 11:00:16 AM)
213.45
+1.55 (+0.73%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners79.73%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap50.37B
Revenue(TTM)88.59B
Net Income(TTM)4.12B
Analysts74.29
Price Target234.67 (9.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.44% |
Yearly Dividend4.78
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)3.19%
PT rev (3m)0.15%
EPS NQ rev (1m)-1.64%
EPS NQ rev (3m)-3.33%
EPS NY rev (1m)-0.98%
EPS NY rev (3m)-2.73%
Revenue NQ rev (1m)2.65%
Revenue NQ rev (3m)2.3%
Revenue NY rev (1m)2.61%
Revenue NY rev (3m)2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.46 | ||
| Fwd PE | 11.81 | ||
| P/S | 0.66 | ||
| P/FCF | 16.04 | ||
| P/OCF | 7.75 | ||
| P/B | 2.11 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 7.01 |
EPS(TTM)15.86
EY7.43%
EPS(NY)18.08
Fwd EY8.47%
FCF(TTM)13.3
FCFY6.23%
OCF(TTM)27.54
OCFY12.9%
SpS322.55
BVpS101.11
TBVpS76.82
PEG (NY)306.52
PEG (5Y)0.97
Graham Number189.95
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 | 2.52 |
F-Score5
WACC7.01%
ROIC/WACC0.9
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 Y0.04%
EPS Next 2Y7.44%
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 Year4.58%
Revenue Next 2Y4.31%
Revenue Next 3Y4.23%
Revenue Next 5Y4.18%
EBIT growth 1Y5.27%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year73.01%
EBIT Next 3Y25.77%
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 6 / 10 to FDX.DE.
Can you provide the valuation status for FEDEX CORP?
ChartMill assigns a valuation rating of 5 / 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 7 / 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 0.04% 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%.