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FedEx Corp Stock Research

FDX

260.72USD+10.20(+4.07%)Delayedas of 21 Sep 2023, 11:28 am
Watchlist

Market Summary

USD260.72+10.20
Delayedas of 21 Sep 2023, 11:28 am
4.07%

FDX Stock Price

FDX RSI Chart

FDX Valuation

Market Cap

59.7B

Price/Earnings (Trailing)

17.9

Price/Sales (Trailing)

0.63

EV/EBITDA

9

Price/Free Cashflow

6.72

FDX Price/Sales (Trailing)

FDX Profitability

EBT Margin

4.23%

Return on Equity

12.1%

Return on Assets

3.49%

Free Cashflow Yield

14.87%

FDX Fundamentals

FDX Revenue

Revenue (TTM)

90.2B

Revenue Y/Y

-10.1%

Revenue Q/Q

-1.08%

FDX Earnings

Earnings (TTM)

4.0B

Earnings Y/Y

175.63%

Earnings Q/Q

99.48%

Price Action

52 Week Range

141.92270.95
(Low)(High)

Last 7 days

-0.6%

Last 30 days

-3.6%

Last 90 days

7.6%

Trailing 12 Months

59.2%

FDX Financial Health

Current Ratio

1.32

Debt/Equity

0.81

Debt/Cashflow

0.44

FDX Investor Care

Dividend Yield

2.34%

Dividend/Share (TTM)

5.86

Diluted EPS (TTM)

15.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for FDX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-07-20
Lenz Michael C.
gifted
-
-
-190
evp chief financial off
2023-07-20
Lenz Michael C.
acquired
824,666
143
5,745
evp chief financial off
2023-07-20
Lenz Michael C.
sold
-1,504,470
261
-5,745
evp chief financial off
2023-07-19
Krishnasamy Sriram
acquired
-
-
934
evp - cto & ceo dataworks
2023-06-28
CARTER ROBERT B
sold
-4,740,420
246
-19,270
evp / chief info officer
2023-06-28
CARTER ROBERT B
acquired
2,766,110
143
19,270
evp / chief info officer
2023-06-27
Johnson Jennifer L
acquired
1,598,140
147
10,801
cvp prin acct officer
2023-06-27
Johnson Jennifer L
sold
-2,577,190
238
-10,801
cvp prin acct officer
2023-06-22
Krishnasamy Sriram
acquired
-
-
3,959
evp - cto & ceo dataworks
2023-06-22
Lenz Michael C.
acquired
-
-
4,227
evp chief financial off

1–10 of 50

Which funds bought or sold FDX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-6.66
46,882
3,735,850
1.56%
2023-09-14
IMS Capital Management
added
0.1
37,797
477,947
0.26%
2023-09-12
Prosperity Wealth Management, Inc.
sold off
-100
-77,944
-
-%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
4,523
57,761
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-2,056
-
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
80,320
80,320
-%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
added
1.66
226,345
2,425,850
0.28%
2023-09-05
Delos Wealth Advisors, LLC
reduced
-45.56
-8,417
12,148
0.01%
2023-09-05
Westshore Wealth, LLC
reduced
-2.33
14,004
248,892
0.13%
2023-08-30
CHAPIN DAVIS, INC.
reduced
-0.33
94,706
1,258,640
0.60%

1–10 of 48

Latest Funds Activity

Are funds buying FDX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FDX
No. of Funds

Schedule 13G FIlings of FedEx

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
dodge & cox
6.9%
17,331,895
SC 13G/A
Feb 09, 2023
primecap management co/ca/
5.52%
13,921,967
SC 13G/A
Feb 09, 2023
vanguard group inc
7.55%
19,050,450
SC 13G/A
Feb 07, 2023
blackrock inc.
6.6%
16,691,254
SC 13G/A
Feb 06, 2023
smith frederick w
8.2%
20,658,394
SC 13G/A
Mar 11, 2022
blackrock inc.
6.2%
16,526,633
SC 13G/A
Feb 14, 2022
dodge & cox
6.3%
16,674,920
SC 13G/A
Feb 10, 2022
primecap management co/ca/
4.98%
13,195,532
SC 13G/A
Feb 08, 2022
blackrock inc.
6.2%
16,526,633
SC 13G
Jan 28, 2022
smith frederick w
7.9%
20,783,462
SC 13G/A

Recent SEC filings of FedEx

View All Filings
Date Filed Form Type Document
Sep 20, 2023
10-Q
Quarterly Report
Sep 20, 2023
8-K
Current Report
Aug 18, 2023
PX14A6G
PX14A6G
Aug 16, 2023
PX14A6G
PX14A6G
Aug 10, 2023
ARS
ARS
Aug 10, 2023
DEF 14A
DEF 14A
Aug 10, 2023
DEFA14A
DEFA14A
Aug 04, 2023
3/A
Insider Trading
Aug 01, 2023
3
Insider Trading
Jul 31, 2023
8-K
Current Report

Peers (Alternatives to FedEx)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
59.7B
90.2B
-3.62% 59.16%
17.9
0.63
-3.59% 3.82%
24.5B
55.7B
-6.85% 18.72%
298.7
0.53
33.38% 398.83%
17.0B
25.1B
-10.65% -17.87%
39.1
0.68
18.83% -71.05%
16.9B
12.6B
0.21% 27.60%
16.01
1.34
-33.44% -31.22%
10.2B
20.1B
-6.35% -13.50%
19.07
0.51
-23.75% -51.25%
MID-CAP
8.0B
7.6B
-1.85% 48.55%
95.29
1.05
0.77% -87.90%
2.9B
4.5B
0.24% 22.01%
8.22
0.64
12.86% -27.86%
1.7B
1.8B
2.61% -27.07%
11.39
0.95
-2.22% -6.61%
1.5B
9.9B
-27.42% -42.17%
56.49
0.15
24.14% 106.11%
SMALL-CAP
2.0B
5.5B
-7.26% -30.78%
-4.4
0.37
29.98% -29.36%
1.5B
2.1B
-3.58% -18.17%
9.8
0.72
7.02% -29.07%
269.6M
1.1B
-14.41% -7.62%
13.09
0.25
49.19% -53.68%
62.7M
267.9M
-0.35% 23.69%
-5.5
0.23
40.28% -223.76%
2.6M
4.8B
-0.97% 12.10%
0.01
5e-4
-3.92% -13.56%

FedEx News

Morningstar
Splunk's stock soars on Cisco takeover, FedEx lifted by improved ....
Morningstar,
84 minutes ago
Investor's Business Daily
Seeking Alpha
The Albany Herald
The Wall Street Journal
The Motley Fool

Returns for FDX

Cumulative Returns on FDX

8.9%


10-Year Cumulative Returns

6.4%


7-Year Cumulative Returns

1.3%


5-Year Cumulative Returns

1.8%


3-Year Cumulative Returns

Risks for FDX

What is the probability of a big loss on FDX?

98.5%


Probability that FedEx stock will be more than 20% underwater in next one year

65%


Probability that FedEx stock will be more than 30% underwater in next one year.

10.8%


Probability that FedEx stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FDX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if FedEx was unfortunately bought at previous high price.

Drawdowns

Financials for FedEx

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-2.7%90,15592,61994,09194,75193,51291,68389,55286,64183,95978,75274,72971,49069,21769,66669,18969,68969,69369,20068,71667,20565,450
Costs and Expenses-2.3%85,24387,28688,47488,71387,26785,56583,75580,97678,10274,21770,78868,46066,80066,40865,43165,31765,22764,72264,29162,83361,178
EBITDA-100.0%-8,0688,3468,6169,55511,44811,14211,12411,2608,2417,5806,6315,9563,6364,0484,5704,6438,4878,3678,237-
EBITDA Margin-100.0%-0.09*0.09*0.09*0.10*0.12*0.12*0.13*0.13*0.10*0.10*0.09*0.09*0.05*0.06*0.07*0.07*0.12*0.12*0.12*-
Interest Expenses-694---689---793---672---588---558
Earnings Before Taxes36.8%5,3633,9194,2724,5934,8966,8256,4996,5256,6743,7423,1132,2791,669-566-55.005506554,5674,5104,4724,353
EBT Margin-100.0%-0.04*0.05*0.05*0.05*0.07*0.07*0.08*0.08*0.05*0.04*0.03*0.02*-0.01*0.00*0.01*0.01*0.07*0.07*0.07*-
Net Income32.8%3,9722,9923,3333,5893,8265,1364,9165,0985,2313,0292,4521,7861,286-34975.004505403,6364,9714,8114,572
Net Income Margin-100.0%-0.03*0.04*0.04*0.04*0.06*0.05*0.06*0.06*0.04*0.03*0.02*0.02*-0.01*0.00*0.01*0.01*0.05*0.07*0.07*-
Free Cashflow-100.0%-8,9038,8759,3559,8329,0738,9879,56810,1359,2118,2537,1835,0975,5685,5085,4775,6136,8355,3554,785-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.6%87,14385,77585,59185,82685,99484,10884,24782,04882,77782,79381,15677,64873,53770,01469,95468,45254,40354,46453,28951,90152,330
  Current Assets3.7%18,61017,94418,21719,60620,36519,46620,74719,54620,58021,71021,26518,90316,38312,54113,19813,01713,08613,50013,43812,64113,341
    Cash Equivalents27.6%6,8565,3734,6466,8506,8976,0656,8336,8537,0878,8568,3396,9544,8811,7662,0312,3892,3192,8722,1232,3693,265
  Net PPE2.1%40,69839,84939,72138,80638,09137,37637,15336,48135,75234,99034,61034,26233,60833,30632,40831,61030,42929,76829,38728,77928,154
  Goodwill-0.3%6,4356,4556,3776,3166,5446,7556,7026,8436,9926,9776,7026,6336,3726,8146,8616,8216,8846,9166,9086,8696,973
  Current Liabilities0.0%13,58613,58014,03913,76514,27413,99013,88412,91013,66013,56612,11511,19510,34410,32510,5479,9359,0139,2569,4969,6069,627
  Short Term Borrowings--------------300150--225250299-
  Long Term Debt1.6%20,45320,12220,07619,91820,18220,39320,38620,55420,73322,79723,22123,20421,95218,97318,69118,72616,61717,21816,39915,24115,243
Shareholder's Equity5.5%26,08824,73324,11525,14024,93924,52624,94024,32124,16821,98121,03919,46218,29518,83118,65918,16617,75719,89419,29419,17319,416
  Retained Earnings3.6%35,25934,04033,55733,06032,78232,22531,30730,46229,81727,92427,20826,10825,21625,56925,43125,04824,64826,65026,08025,31524,823
  Additional Paid-In Capital0.9%3,7693,7353,4873,7513,7123,6863,6533,6103,4813,4453,4003,3753,3563,3243,2873,2573,2313,2093,1853,1543,117
Accumulated Depreciation1.1%39,92639,48638,81137,90637,18436,77035,82135,06134,32533,71332,90432,18431,41630,99930,30729,82629,08228,39628,11427,54726,967
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-0.6%8,8488,9038,8759,3559,8329,0738,9879,56810,1359,2118,2537,1835,0975,5685,5085,4775,6136,8355,3554,7854,674
  Share Based Compensation0.6%182181186189190190191194200192185176168170170173174173172173167
Cashflow From Investing9.1%-6,174-6,793-6,904-6,575-6,816-6,124-6,310-6,142-6,010-5,495-5,396-5,845-5,846-6,468-6,154-5,791-5,473-5,355-5,605-5,740-5,677
Cashflow From Financing0.4%-2,597-2,607-3,950-2,536-3,019-5,719-4,172-3,645-2,0903,3353,4533,2643,381-165564375-1,039-1,357-367-157227
  Dividend Payments8.7%1,1771,083991892793771745716686683681679679678849680683647440574535
  Buy Backs1662.5%1,500-96.002,904-2,2002,9971,4962,196----3.001182118571,4801,8062,0011,5391,000

FDX Income Statement

2023-05-31
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
May 31, 2023
May 31, 2022
May 31, 2021
Income Statement [Abstract]   
REVENUE[1]$ 90,155$ 93,512$ 83,959
OPERATING EXPENSES:   
Salaries and employee benefits31,01932,05830,173
Purchased transportation21,79024,11821,674
Rentals and landing fees4,7384,7124,155
Depreciation and amortization4,1763,9703,793
Fuel5,9095,1152,882
Maintenance and repairs3,3573,3723,328
Goodwill and other asset impairment charges117  
Business optimization and realignment costs309278116
Other13,82813,64411,981
TOTAL OPERATING EXPENSES85,24387,26778,102
OPERATING INCOME4,912[2]6,245[3]5,857[4]
OTHER INCOME (EXPENSE):   
Interest expense(694)(689)(793)
Interest income1985352
Other retirement plans income (expense)1,054(726)1,983
Loss on debt extinguishment  (393)
Other, net(107)13(32)
TOTAL OTHER INCOME (EXPENSE)451(1,349)817
INCOME BEFORE INCOME TAXES5,3634,8966,674
PROVISION FOR INCOME TAXES1,3911,0701,443
NET INCOME$ 3,972$ 3,826$ 5,231
BASIC EARNINGS PER COMMON SHARE$ 15.60$ 14.54$ 19.79
DILUTED EARNINGS PER COMMON SHARE$ 15.48$ 14.33$ 19.45
[1]International revenue includes shipments that either originate in or are destined to locations outside the United States, which could include U.S. payors. Noncurrent assets include property and equipment, operating lease right-of-use assets, goodwill, and other long-term assets. Our flight equipment is registered in the U.S. and is included as U.S. assets; however, many of our aircraft operate internationally.
[2]Includes business optimization costs of $262 million included in “Corporate, other, and eliminations” and business optimization and realignment costs of $11 million and $36 million, respectively, included in the FedEx Express segment. Includes noncash other asset impairment charges of $70 million primarily related to the decision to permanently retire certain aircraft and related engines at FedEx Express and goodwill and other asset impairment charges of $47 million at FedEx Dataworks related to the ShopRunner acquisition. Also includes $35million in connection with a FedEx Ground legal matter included in “Corporate, other, and eliminations.”
[3]Includes business realignment costs of $278 million included in the FedEx Express segment, as well as a charge of $210 million related to the pre- and post-judgment interest in connection with a separate FedEx Ground legal matter included in “Corporate, other, and eliminations.” Also includes TNT Express integration expenses of $132 million included in “Corporate, other, and eliminations” and the FedEx Express segment.
[4]Includes TNT Express integration expenses of $210 million included in “Corporate, other, and eliminations” and the FedEx Express segment. Also includes business realignment costs of $116 million included in the FedEx Express segment.

FDX Balance Sheet

2023-05-31
Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2023
May 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 6,856$ 6,897
Receivables, less allowances of $800 and $69210,18811,863
Spare parts, supplies, and fuel, less allowances of $276 and $360604637
Prepaid expenses and other962968
Total current assets18,61020,365
PROPERTY AND EQUIPMENT, AT COST  
Aircraft and related equipment29,10827,874
Package handling and ground support equipment16,83914,930
Information technology8,7928,098
Vehicles and trailers10,1919,806
Facilities and other15,69414,567
Total property and equipment, at cost80,62475,275
Less accumulated depreciation and amortization39,92637,184
Net property and equipment40,69838,091
OTHER LONG-TERM ASSETS  
Operating lease right-of-use assets, net17,34716,613
Goodwill6,4356,544
Other assets4,0534,381
Total other long-term assets27,83527,538
TOTAL ASSETS[1]87,14385,994
CURRENT LIABILITIES  
Current portion of long-term debt12682
Accrued salaries and employee benefits2,4752,531
Accounts payable3,8484,030
Operating lease liabilities2,3902,443
Accrued expenses4,7475,188
Total current liabilities13,58614,274
LONG-TERM DEBT, LESS CURRENT PORTION20,45320,182
OTHER LONG-TERM LIABILITIES  
Deferred income taxes4,4894,093
Pension, postretirement healthcare and other benefit obligations3,1304,448
Self-insurance accruals3,3392,889
Operating lease liabilities15,36314,487
Other liabilities695682
Total other long-term liabilities27,01626,599
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT  
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2023 and 20223232
Additional paid-in capital3,7693,712
Retained earnings35,25932,782
Accumulated other comprehensive loss(1,327)(1,103)
Treasury stock, at cost(11,645)(10,484)
Total common stockholders’ investment26,08824,939
TOTAL LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT$ 87,143$ 85,994
[1]Segment assets include intercompany receivables.
Frederick W. Smith
65535
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border e-commerce technology and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2021, this segment had approximately 29,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office function services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and an array of document and business services, and retail access to its customers for its package transportation businesses. The company was founded in 1971 and is based in Memphis, Tennessee.