FEDEX CORP (FDX.DE) Fundamental Analysis & Valuation

FRA:FDX • US31428X1063

Current stock price

326 EUR
+6.2 (+1.94%)
Last:

This FDX.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. FDX.DE Profitability Analysis

1.1 Basic Checks

  • FDX had positive earnings in the past year.
  • FDX had a positive operating cash flow in the past year.
  • In the past 5 years FDX has always been profitable.
  • Each year in the past 5 years FDX had a positive operating cash flow.
FDX.DE Yearly Net Income VS EBIT VS OCF VS FCFFDX.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B 10B

1.2 Ratios

  • FDX has a Return On Assets of 4.73%. This is comparable to the rest of the industry: FDX outperforms 56.25% of its industry peers.
  • The Return On Equity of FDX (15.02%) is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 6.27%, FDX is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for FDX is in line with the industry average of 7.90%.
  • The 3 year average ROIC (6.03%) for FDX is below the current ROIC(6.27%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.73%
ROE 15.02%
ROIC 6.27%
ROA(3y)4.73%
ROA(5y)4.99%
ROE(3y)15.15%
ROE(5y)16.47%
ROIC(3y)6.03%
ROIC(5y)6.27%
FDX.DE Yearly ROA, ROE, ROICFDX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • FDX's Profit Margin of 4.87% is amongst the best of the industry. FDX outperforms 81.25% of its industry peers.
  • FDX's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 7.07%, FDX is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FDX has grown nicely.
  • FDX has a better Gross Margin (71.39%) than 81.25% of its industry peers.
  • FDX's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 7.07%
PM (TTM) 4.87%
GM 71.39%
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%
FDX.DE Yearly Profit, Operating, Gross MarginsFDX.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

6

2. FDX.DE Health Analysis

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
  • FDX has less shares outstanding than it did 5 years ago.
  • FDX has a worse debt/assets ratio than last year.
FDX.DE Yearly Shares OutstandingFDX.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
FDX.DE Yearly Total Debt VS Total AssetsFDX.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • FDX has an Altman-Z score of 2.76. 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.
  • The Altman-Z score of FDX (2.76) is better than 68.75% of its industry peers.
  • FDX has a debt to FCF ratio of 5.78. This is a neutral value as FDX would need 5.78 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 5.78, FDX is in line with its industry, outperforming 43.75% of the companies in the same industry.
  • FDX has a Debt/Equity ratio of 0.77. This is a neutral value indicating FDX is somewhat dependend on debt financing.
  • FDX has a Debt to Equity ratio of 0.77. This is amongst the best in the industry. FDX outperforms 81.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.77
Debt/FCF 5.78
Altman-Z 2.76
ROIC/WACC0.82
WACC7.67%
FDX.DE Yearly LT Debt VS Equity VS FCFFDX.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B 25B

2.3 Liquidity

  • A Current Ratio of 1.47 indicates that FDX should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.47, FDX belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
  • A Quick Ratio of 1.44 indicates that FDX should not have too much problems paying its short term obligations.
  • FDX has a better Quick ratio (1.44) than 81.25% of its industry peers.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.44
FDX.DE Yearly Current Assets VS Current LiabilitesFDX.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

5

3. FDX.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 13.66% 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.
  • The Revenue has been growing slightly by 4.69% 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)13.66%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%16.41%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%8.3%

3.2 Future

  • The Earnings Per Share is expected to grow by 11.88% 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 4.47% on average per year.
EPS Next Y8.69%
EPS Next 2Y11.53%
EPS Next 3Y12.94%
EPS Next 5Y11.88%
Revenue Next Year7.02%
Revenue Next 2Y5.96%
Revenue Next 3Y5.55%
Revenue Next 5Y4.47%

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.
FDX.DE Yearly Revenue VS EstimatesFDX.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 20B 40B 60B 80B 100B
FDX.DE Yearly EPS VS EstimatesFDX.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 10 20 30 40

2

4. FDX.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • FDX is valuated rather expensively with a Price/Earnings ratio of 19.23.
  • Based on the Price/Earnings ratio, FDX is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
  • Compared to an average S&P500 Price/Earnings ratio of 27.87, FDX is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 16.94, which indicates a correct valuation of FDX.
  • 62.50% of the companies in the same industry are cheaper than FDX, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of FDX to the average of the S&P500 Index (38.51), we can say FDX is valued rather cheaply.
Industry RankSector Rank
PE 19.23
Fwd PE 16.94
FDX.DE Price Earnings VS Forward Price EarningsFDX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 75.00% of the companies in the same industry are cheaper than FDX, based on the Enterprise Value to EBITDA ratio.
  • 75.00% of the companies in the same industry are cheaper than FDX, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 20.97
EV/EBITDA 9.89
FDX.DE Per share dataFDX.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300

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.
  • A more expensive valuation may be justified as FDX's earnings are expected to grow with 12.94% in the coming years.
PEG (NY)2.21
PEG (5Y)1.38
EPS Next 2Y11.53%
EPS Next 3Y12.94%

4

5. FDX.DE Dividend Analysis

5.1 Amount

  • FDX has a Yearly Dividend Yield of 1.52%. Purely for dividend investing, there may be better candidates out there.
  • FDX's Dividend Yield is slightly below the industry average, which is at 3.18.
  • Compared to an average S&P500 Dividend Yield of 1.81, FDX has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.52%

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 Years5
Div Non Decr Years7
FDX.DE Yearly Dividends per shareFDX.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • 30.35% 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.
DP30.35%
EPS Next 2Y11.53%
EPS Next 3Y12.94%
FDX.DE Yearly Income VS Free CF VS DividendFDX.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B
FDX.DE Dividend Payout.FDX.DE Dividend Payout, showing the Payout Ratio.FDX.DE Dividend Payout.PayoutRetained Earnings

FDX.DE Fundamentals: All Metrics, Ratios and Statistics

FEDEX CORP

FRA:FDX (4/17/2026, 4:04:06 PM)

326

+6.2 (+1.94%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-19
Earnings (Next)06-23
Inst Owners80.05%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap77.79B
Revenue(TTM)91.93B
Net Income(TTM)4.48B
Analysts75.88
Price Target346.39 (6.25%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.52%
Yearly Dividend4.71
Dividend Growth(5Y)16.41%
DP30.35%
Div Incr Years5
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.97%
Min EPS beat(2)16.25%
Max EPS beat(2)25.7%
EPS beat(4)4
Avg EPS beat(4)12.71%
Min EPS beat(4)3.38%
Max EPS beat(4)25.7%
EPS beat(8)6
Avg EPS beat(8)3.41%
EPS beat(12)8
Avg EPS beat(12)4.44%
EPS beat(16)10
Avg EPS beat(16)3.38%
Revenue beat(2)2
Avg Revenue beat(2)1.69%
Min Revenue beat(2)1.42%
Max Revenue beat(2)1.95%
Revenue beat(4)4
Avg Revenue beat(4)1.51%
Min Revenue beat(4)0.95%
Max Revenue beat(4)1.95%
Revenue beat(8)5
Avg Revenue beat(8)0.16%
Revenue beat(12)5
Avg Revenue beat(12)-0.75%
Revenue beat(16)5
Avg Revenue beat(16)-1.34%
PT rev (1m)8.79%
PT rev (3m)39.7%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)0.88%
EPS NY rev (1m)5.34%
EPS NY rev (3m)6.43%
Revenue NQ rev (1m)1.36%
Revenue NQ rev (3m)1.53%
Revenue NY rev (1m)0.88%
Revenue NY rev (3m)1.37%
Valuation
Industry RankSector Rank
PE 19.23
Fwd PE 16.94
P/S 1
P/FCF 20.97
P/OCF 11.21
P/B 3.08
P/tB 3.98
EV/EBITDA 9.89
EPS(TTM)16.95
EY5.2%
EPS(NY)19.25
Fwd EY5.9%
FCF(TTM)15.55
FCFY4.77%
OCF(TTM)29.09
OCFY8.92%
SpS327.01
BVpS106.01
TBVpS81.98
PEG (NY)2.21
PEG (5Y)1.38
Graham Number201.076 (-38.32%)
Profitability
Industry RankSector Rank
ROA 4.73%
ROE 15.02%
ROCE 8.4%
ROIC 6.27%
ROICexc 7%
ROICexgc 7.75%
OM 7.07%
PM (TTM) 4.87%
GM 71.39%
FCFM 4.75%
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 Turnover0.97
Health
Industry RankSector Rank
Debt/Equity 0.77
Debt/FCF 5.78
Debt/EBITDA 2.11
Cap/Depr 87.96%
Cap/Sales 4.14%
Interest Coverage 7.53
Cash Conversion 75.51%
Profit Quality 97.61%
Current Ratio 1.47
Quick Ratio 1.44
Altman-Z 2.76
F-Score7
WACC7.67%
ROIC/WACC0.82
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)13.66%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%16.41%
EPS Next Y8.69%
EPS Next 2Y11.53%
EPS Next 3Y12.94%
EPS Next 5Y11.88%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%8.3%
Revenue Next Year7.02%
Revenue Next 2Y5.96%
Revenue Next 3Y5.55%
Revenue Next 5Y4.47%
EBIT growth 1Y8.95%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year80.54%
EBIT Next 3Y29.27%
EBIT Next 5Y17.83%
FCF growth 1Y31.14%
FCF growth 3Y-0.97%
FCF growth 5YN/A
OCF growth 1Y-9.73%
OCF growth 3Y-10.55%
OCF growth 5Y6.66%

FEDEX CORP / FDX.DE Fundamental Analysis 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 for FDX stock?

ChartMill assigns a valuation rating of 2 / 10 to FEDEX CORP (FDX.DE). This can be considered as Overvalued.


How profitable is FEDEX CORP (FDX.DE) stock?

FEDEX CORP (FDX.DE) has a profitability rating of 7 / 10.


What is the earnings growth outlook for FEDEX CORP?

The Earnings per Share (EPS) of FEDEX CORP (FDX.DE) is expected to grow by 8.69% in the next year.


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 30.35%.