FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FDX - US31428X1063 - Common Stock
245.55 EUR
+10.45 (+4.44%)
Taking everything into account, FDX scores 5 out of 10 in our fundamental rating. FDX was compared to 17 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 is not valued too expensively and it also shows a decent growth rate.
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.
Each year in the past 5 years FDX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FDX (4.66%) 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 47.06% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.32%, FDX is in line with its industry, outperforming 52.94% of the companies in the same industry.
FDX had an Average Return On Invested Capital over the past 3 years of 6.03%. This is below the industry average of 9.74%.
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
FDX's Profit Margin of 4.65% is amongst the best of the industry. FDX outperforms 82.35% of its industry peers.
In the last couple of years the Profit Margin of FDX has grown nicely.
FDX has a Operating Margin of 6.96%. This is comparable to the rest of the industry: FDX outperforms 58.82% of its industry peers.
In the last couple of years the Operating Margin of FDX has grown nicely.
With an excellent Gross Margin value of 71.16%, FDX belongs to the best of the industry, outperforming 88.24% 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.
Compared to 1 year ago, FDX has less shares outstanding
The number of shares outstanding for FDX has been reduced compared to 5 years ago.
FDX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.62 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of FDX (2.62) is better than 70.59% 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.
The Debt to FCF ratio of FDX (5.79) is comparable to the rest of the industry.
FDX has a Debt/Equity ratio of 0.73. This is a neutral value indicating FDX is somewhat dependend on debt financing.
The Debt to Equity ratio of FDX (0.73) is better than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.79 | ||
| Altman-Z | 2.62 |
ROIC/WACC0.87
WACC7.29%
2.3 Liquidity
FDX has a Current Ratio of 1.25. 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 Current ratio of 1.25. This is in the better half of the industry: FDX outperforms 70.59% of its industry peers.
A Quick Ratio of 1.21 indicates that FDX should not have too much problems paying 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 76.47% of the companies in the same industry.
| 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 13.65%, which is quite good.
The Earnings Per Share has been growing by 13.92% on average over the past years. This is quite good.
Looking at the last year, FDX shows a small growth in Revenue. The Revenue has grown by 0.27% in the last 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)13.65%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%19.01%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
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
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 15.00, which indicates a correct valuation of FDX.
Compared to the rest of the industry, the Price/Earnings ratio of FDX indicates a somewhat cheap valuation: FDX is cheaper than 64.71% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FDX to the average of the S&P500 Index (26.61), we can say FDX is valued slightly cheaper.
A Price/Forward Earnings ratio of 13.70 indicates a correct valuation of FDX.
Based on the Price/Forward Earnings ratio, FDX is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
FDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | 13.7 |
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 | 18.62 | ||
| EV/EBITDA | 7.95 |
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)70.66
PEG (5Y)1.08
EPS Next 2Y7.46%
EPS Next 3Y8.91%
5. Dividend
5.1 Amount
FDX has a Yearly Dividend Yield of 2.02%.
FDX's Dividend Yield is comparable with the industry average which is at 2.97.
FDX's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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 32.68% of its income as dividend. This is a sustainable payout ratio.
FDX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.68%
EPS Next 2Y7.46%
EPS Next 3Y8.91%
FRA:FDX (12/22/2025, 7:00:00 PM)
245.55
+10.45 (+4.44%)
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 Cap57.94B
Revenue(TTM)87.93B
Net Income(TTM)4.12B
Analysts75.88
Price Target241.34 (-1.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
Yearly Dividend4.74
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)3.12%
PT rev (3m)6.13%
EPS NQ rev (1m)1.99%
EPS NQ rev (3m)0.52%
EPS NY rev (1m)0.17%
EPS NY rev (3m)-2.42%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)2.74%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)2.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15 | ||
| Fwd PE | 13.7 | ||
| P/S | 0.77 | ||
| P/FCF | 18.62 | ||
| P/OCF | 9 | ||
| P/B | 2.45 | ||
| P/tB | 3.23 | ||
| EV/EBITDA | 7.95 |
EPS(TTM)16.37
EY6.67%
EPS(NY)17.92
Fwd EY7.3%
FCF(TTM)13.18
FCFY5.37%
OCF(TTM)27.3
OCFY11.12%
SpS319.67
BVpS100.21
TBVpS76.13
PEG (NY)70.66
PEG (5Y)1.08
Graham Number192.12
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 | 2.62 |
F-Score5
WACC7.29%
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)13.65%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%19.01%
EPS Next Y0.21%
EPS Next 2Y7.46%
EPS Next 3Y8.91%
EPS Next 5Y10.39%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
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 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 0.21% 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%.