FEDEX CORP (FDX) Fundamental Analysis & Valuation

NYSE:FDX • US31428X1063

Current stock price

343.97 USD
-5.58 (-1.6%)
At close:
342 USD
-1.97 (-0.57%)
After Hours:

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

8

1. FDX Profitability Analysis

1.1 Basic Checks

  • In the past year FDX was profitable.
  • FDX had a positive operating cash flow in the past year.
  • In the past 5 years FDX has always been profitable.
  • In the past 5 years FDX always reported a positive cash flow from operatings.
FDX Yearly Net Income VS EBIT VS OCF VS FCFFDX 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 in the better half of the industry: FDX outperforms 78.26% of its industry peers.
  • FDX's Return On Equity of 15.02% is amongst the best of the industry. FDX outperforms 82.61% of its industry peers.
  • The Return On Invested Capital of FDX (6.27%) is better than 73.91% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FDX is significantly below the industry average of 11.93%.
  • The last Return On Invested Capital (6.27%) for FDX is above the 3 year average (6.03%), which is a sign of increasing profitability.
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 Yearly ROA, ROE, ROICFDX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • With an excellent Profit Margin value of 4.87%, FDX belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FDX has grown nicely.
  • Looking at the Operating Margin, with a value of 7.07%, FDX belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
  • FDX's Operating Margin has improved in the last couple of years.
  • The Gross Margin of FDX (71.39%) is better than 95.65% 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 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 Yearly Profit, Operating, Gross MarginsFDX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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4

2. FDX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FDX 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.
FDX Yearly Shares OutstandingFDX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
FDX Yearly Total Debt VS Total AssetsFDX 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

  • An Altman-Z score of 2.69 indicates that FDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of FDX (2.69) is comparable to the rest of the industry.
  • The Debt to FCF ratio of FDX is 5.78, which is a neutral value as it means it would take FDX, 5.78 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 5.78, FDX is doing good in the industry, outperforming 78.26% 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 worse Debt to Equity ratio (0.77) than 65.22% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.77
Debt/FCF 5.78
Altman-Z 2.69
ROIC/WACC0.8
WACC7.85%
FDX Yearly LT Debt VS Equity VS FCFFDX 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

  • FDX has a Current Ratio of 1.47. 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 Current ratio of 1.47 is in line compared to the rest of the industry. FDX outperforms 43.48% of its industry peers.
  • FDX has a Quick Ratio of 1.44. 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 1.44 is on the low side compared to the rest of the industry. FDX is outperformed by 60.87% of its industry peers.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.44
FDX Yearly Current Assets VS Current LiabilitesFDX 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. FDX Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 13.66% over the past year.
  • 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 4.69% in the past 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)13.66%
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

  • FDX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.88% yearly.
  • FDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.47% yearly.
EPS Next Y3.18%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
EPS Next 5Y11.88%
Revenue Next Year6.17%
Revenue Next 2Y5.19%
Revenue Next 3Y4.87%
Revenue Next 5Y4.47%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • 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 Yearly Revenue VS EstimatesFDX 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 Yearly EPS VS EstimatesFDX 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

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Find the best growth stocksShow best growing peers

6

4. FDX Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.22 indicates a rather expensive valuation of FDX.
  • FDX's Price/Earnings ratio is a bit cheaper when compared to the industry. FDX is cheaper than 78.26% of the companies in the same industry.
  • FDX is valuated rather cheaply when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 15.70 indicates a correct valuation of FDX.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FDX indicates a rather cheap valuation: FDX is cheaper than 86.96% of the companies listed in the same industry.
  • FDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.19.
Industry RankSector Rank
PE 17.22
Fwd PE 15.7
FDX Price Earnings VS Forward Price EarningsFDX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20

4.2 Price Multiples

  • 82.61% of the companies in the same industry are more expensive than FDX, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FDX indicates a rather cheap valuation: FDX is cheaper than 95.65% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.5
EV/EBITDA 9.18
FDX Per share dataFDX 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.
  • The excellent profitability rating of FDX may justify a higher PE ratio.
PEG (NY)5.42
PEG (5Y)1.24
EPS Next 2Y9.61%
EPS Next 3Y10.79%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. FDX Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.66%, FDX has a reasonable but not impressive dividend return.
  • FDX's Dividend Yield is rather good when compared to the industry average which is at 1.17. FDX pays more dividend than 86.96% of the companies in the same industry.
  • FDX's Dividend Yield is comparable with the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.66%

5.2 History

  • The dividend of FDX is nicely growing with an annual growth rate of 16.41%!
  • FDX has paid a dividend for at least 10 years, which is a reliable track record.
  • FDX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)16.41%
Div Incr Years4
Div Non Decr Years22
FDX Yearly Dividends per shareFDX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • FDX pays out 30.35% 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.
DP30.35%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
FDX Yearly Income VS Free CF VS DividendFDX 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 Dividend Payout.FDX Dividend Payout, showing the Payout Ratio.FDX Dividend Payout.PayoutRetained Earnings

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FDX Fundamentals: All Metrics, Ratios and Statistics

FEDEX CORP

NYSE:FDX (3/27/2026, 8:15:51 PM)

After market: 342 -1.97 (-0.57%)

343.97

-5.58 (-1.6%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)03-19
Earnings (Next)06-22
Inst Owners81.31%
Inst Owner Change1.33%
Ins Owners0.26%
Ins Owner Change0.11%
Market Cap80.87B
Revenue(TTM)91.93B
Net Income(TTM)4.48B
Analysts75.29
Price Target408.38 (18.73%)
Short Float %1.48%
Short Ratio1.69
Dividend
Industry RankSector Rank
Dividend Yield 1.66%
Yearly Dividend5.55
Dividend Growth(5Y)16.41%
DP30.35%
Div Incr Years4
Div Non Decr Years22
Ex-Date03-09
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)17.57%
PT rev (3m)23.35%
EPS NQ rev (1m)1.92%
EPS NQ rev (3m)-2.31%
EPS NY rev (1m)0.45%
EPS NY rev (3m)2.96%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)1.38%
Valuation
Industry RankSector Rank
PE 17.22
Fwd PE 15.7
P/S 0.88
P/FCF 18.5
P/OCF 9.89
P/B 2.71
P/tB 3.51
EV/EBITDA 9.18
EPS(TTM)19.97
EY5.81%
EPS(NY)21.9
Fwd EY6.37%
FCF(TTM)18.59
FCFY5.4%
OCF(TTM)34.79
OCFY10.11%
SpS391
BVpS126.76
TBVpS98.02
PEG (NY)5.42
PEG (5Y)1.24
Graham Number238.66
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 2.69
F-Score7
WACC7.85%
ROIC/WACC0.8
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 Y3.18%
EPS Next 2Y9.61%
EPS Next 3Y10.79%
EPS Next 5Y11.88%
Revenue 1Y (TTM)4.69%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%8.3%
Revenue Next Year6.17%
Revenue Next 2Y5.19%
Revenue Next 3Y4.87%
Revenue Next 5Y4.47%
EBIT growth 1Y8.95%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year75.75%
EBIT Next 3Y27%
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 Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for FEDEX CORP?

ChartMill assigns a fundamental rating of 6 / 10 to FDX.


What is the valuation status of FEDEX CORP (FDX) stock?

ChartMill assigns a valuation rating of 6 / 10 to FEDEX CORP (FDX). This can be considered as Fairly Valued.


What is the profitability of FDX stock?

FEDEX CORP (FDX) has a profitability rating of 8 / 10.


Can you provide the financial health for FDX stock?

The financial health rating of FEDEX CORP (FDX) is 4 / 10.


How sustainable is the dividend of FEDEX CORP (FDX) stock?

The dividend rating of FEDEX CORP (FDX) is 7 / 10 and the dividend payout ratio is 30.35%.