FDX - FedEx Corp Stock Price, Fair Value and News

263.16USD+0.09 (+0.03%)Market Closed

Market Summary

USD263.16+0.09

Market Closed

0.03%

FDX Alerts

9 major insider sales recently.

FDX Stock Price

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FDX RSI Chart

FDX Valuation

Market Cap

64.7B

Price/Earnings (Trailing)

14.73

Price/Sales (Trailing)

0.74

EV/EBITDA

7.77

Price/Free Cashflow

7.14

FDX Price/Sales (Trailing)

FDX Profitability

EBT Margin

6.78%

Return on Equity

16.66%

Return on Assets

5.1%

Free Cashflow Yield

14%

FDX Fundamentals

FDX Revenue

Revenue (TTM)

87.5B

Rev. Growth (Yr)

-1.94%

Rev. Growth (Qtr)

-1.93%

FDX Earnings

Earnings (TTM)

4.4B

Earnings Growth (Yr)

14.01%

Earnings Growth (Qtr)

-2.33%

Breaking Down FDX Revenue

Last 7 days

-2.7%

Last 30 days

3.9%

Last 90 days

7.8%

Trailing 12 Months

14.8%

How does FDX drawdown profile look like?

FDX Financial Health

Current Ratio

1.31

Debt/Equity

0.76

Debt/Cashflow

0.45

FDX Investor Care

Dividend Yield

1.92%

Dividend/Share (TTM)

5.04

Buy Backs (1Y)

2.10%

Diluted EPS (TTM)

17.32

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2024	87.5B	0	0	0
2023	92.6B	90.2B	88.6B	87.9B
2022	91.7B	93.5B	94.8B	94.1B
2021	78.8B	84.0B	86.6B	89.6B
2020	69.7B	69.2B	71.5B	74.7B
2019	69.2B	69.7B	69.7B	69.2B
2018	63.9B	65.5B	67.2B	68.7B
2017	57.6B	60.3B	61.0B	62.3B
2016	49.5B	50.4B	52.7B	55.2B
2015	47.2B	47.5B	48.0B	48.6B
2014	45.2B	45.6B	46.2B	46.8B
2013	43.9B	44.3B	44.5B	44.8B
2012	42.2B	42.7B	43.0B	43.5B
2011	38.2B	39.3B	40.4B	41.3B
2010	33.2B	34.7B	36.2B	37.2B
2009	36.1B	35.5B	33.5B	32.6B
2008	0	38.0B	37.3B	36.7B

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

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S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

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Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of FedEx Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	smith frederick w	acquired	22,893,300	143	159,485	executive chairman
Apr 09, 2024	smith frederick w	sold	-31,105,700	274	-113,400	executive chairman
Apr 08, 2024	brightman tracy b	sold	-703,010	275	-2,550	evp - chief people officer
Apr 08, 2024	brightman tracy b	acquired	572,451	224	2,550	evp - chief people officer
Apr 05, 2024	subramaniam rajesh	acquired	3,944,210	160	24,580	president/ceo
Apr 05, 2024	subramaniam rajesh	sold	-5,047,340	274	-18,384	president/ceo
Apr 04, 2024	smith richard w	acquired	269,156	143	1,875	pres&ceo, air&intl fxe
Apr 04, 2024	smith richard w	sold	-368,663	278	-1,325	pres&ceo, air&intl fxe
Mar 28, 2024	martin r brad	acquired	406,944	160	2,535	-
Mar 28, 2024	krishnasamy sriram	sold	-102,373	289	-354	evp - cto & ceo dataworks

Which funds bought or sold FDX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	DUMONT & BLAKE INVESTMENT ADVISORS LLC	added	0.66	193,046	1,453,050	0.42%
Apr 17, 2024	SPIRIT OF AMERICA MANAGEMENT CORP/NY	unchanged	-	66,186	521,532	0.10%
Apr 17, 2024	Red Door Wealth Management, LLC	added	2.98	2,339,740	15,377,400	2.96%
Apr 17, 2024	Coston, McIsaac & Partners	added	0.74	5,000	39,000	0.01%
Apr 17, 2024	VICUS CAPITAL	reduced	-11.37	11,111	745,486	0.07%
Apr 17, 2024	Howard Capital Management Group, LLC	added	1.15	3,829,440	27,982,300	2.16%
Apr 17, 2024	HARTFORD INVESTMENT MANAGEMENT CO	reduced	-4.69	361,298	4,304,090	0.15%
Apr 17, 2024	Stephens Consulting, LLC	unchanged	-	1,218	9,519	-%
Apr 17, 2024	Legend Financial Advisors, Inc.	unchanged	-	1,360	10,720	0.01%
Apr 17, 2024	CRITERION CAPITAL ADVISORS, LLC	reduced	-97.92	-154,340	3,767	-%

Are Funds Buying or Selling FDX?

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

FDX Alerts

9 major insider sales recently.

Unveiling FedEx Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	dodge & cox	5.4%	13,572,703	SC 13G/A
Feb 13, 2024	vanguard group inc	7.53%	18,805,955	SC 13G/A
Feb 12, 2024	primecap management co/ca/	5.16%	12,902,957	SC 13G/A
Feb 09, 2024	smith frederick w	8.3%	20,669,098	SC 13G/A
Jan 29, 2024	blackrock inc.	6.2%	15,498,779	SC 13G/A
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

Recent SEC filings of FedEx Corp

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	144	Notice of Insider Sale Intent
Apr 09, 2024	4	Insider Trading
Apr 08, 2024	144	Notice of Insider Sale Intent
Apr 08, 2024	4	Insider Trading
Apr 05, 2024	144	Notice of Insider Sale Intent
Apr 05, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 04, 2024	4	Insider Trading
Apr 01, 2024	8-K	Current Report
Mar 28, 2024	4	Insider Trading

Peers (Alternatives to FedEx Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	64.7B	87.5B	3.91%	14.78%	14.73	0.74	-5.51%	46.89%
GWW	46.7B	16.5B	-4.47%	42.58%	25.27	2.84	8.21%	18.11%
FAST	39.2B	7.4B	-9.52%	27.19%	33.88	5.31	3.46%	4.06%
JBHT	17.4B	12.8B	-12.05%	-3.86%	23.85	1.35	-13.39%	-24.87%
EXPD	16.5B	9.3B	-2.46%	2.48%	21.86	1.77	-45.52%	-44.53%
MID-CAP
CHRW	8.0B	17.6B	-6.23%	-28.26%	24.74	0.46	-28.75%	-65.43%
KNX	7.8B	7.1B	-7.81%	-13.31%	36.09	1.1	-3.86%	-71.85%
AIT	7.1B	4.5B	-4.36%	34.45%	19.03	1.6	7.15%	22.87%
BECN	5.9B	9.1B	5.46%	54.71%	13.59	0.65	8.19%	-5.10%
ARCB	3.3B	4.4B	11.79%	48.88%	16.85	0.74	-11.96%	-34.46%
SMALL-CAP
BXC	952.7M	3.1B	-5.96%	54.45%	19.63	0.3	-29.52%	-83.61%
CYRX	822.3M	233.3M	11.78%	-17.70%	-8.26	3.53	-1.70%	-153.19%
CVLG	570.1M	1.1B	0.74%	23.70%	10.32	0.52	-9.31%	-49.18%
DSKE	391.3M	1.6B	0.24%	10.24%	-22.11	0.25	-11.50%	-135.26%
AIRT	63.1M	220.4M	18.58%	-7.98%	-5.81	0.29	16.77%	-270.60%

FedEx Corp News

Latest updates

FedEx Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.9%	21,738	22,165	21,681	21,930	22,169	22,814	23,242	24,394	23,641	23,474	22,003	22,565	21,510	20,563	19,321	17,358	17,487	17,324	17,048	17,807	17,010
Costs and Expenses	-1.9%	20,495	20,889	20,196	20,427	21,127	21,638	22,051	22,470	22,315	21,877	20,605	20,768	20,505	19,098	17,731	16,883	17,076	16,770	16,071	16,491	16,099
EBITDA Margin	2.5%	0.12*	0.11*	0.12*	0.11*	0.09*	0.10*	0.10*	0.10*	0.13*	0.12*	0.13*	0.13*	0.10*	0.10*	0.09*	-	-	-	-	-	-
Income Taxes	0.7%	304	302	345	590	251	271	279	126	263	336	345	745	157	180	361	15.00	105	12.00	251	-585	192
Earnings Before Taxes	-1.6%	1,183	1,202	1,423	2,128	1,022	1,059	1,154	684	1,375	1,380	1,457	2,613	1,049	1,406	1,606	-319	420	572	996	-2,554	931
EBT Margin	3.3%	0.07*	0.07*	0.06*	0.06*	0.04*	0.05*	0.05*	0.05*	0.07*	0.07*	0.08*	0.08*	0.05*	0.04*	0.03*	-	-	-	-	-	-
Net Income	-2.3%	879	900	1,078	1,538	771	788	875	558	1,112	1,044	1,112	1,868	892	1,226	1,245	-334	315	560	745	-1,969	739
Net Income Margin	3.0%	0.05*	0.05*	0.05*	0.04*	0.03*	0.04*	0.04*	0.04*	0.06*	0.05*	0.06*	0.06*	0.04*	0.03*	0.02*	-	-	-	-	-	-
Free Cashflow	-9.2%	1,610	1,774	2,230	3,447	2,276	1,518	1,607	3,502	2,248	1,998	2,084	2,743	2,162	2,579	2,651	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.2%	86,114	88,051	87,576	87,143	85,775	85,591	85,826	85,994	84,108	84,247	82,048	82,777	82,793	81,156	77,648	73,537	70,014	69,954	68,452	54,403	54,464
Current Assets	-8.9%	17,424	19,117	18,887	18,610	17,944	18,217	19,606	20,365	19,466	20,747	19,546	20,580	21,710	21,265	18,903	16,383	12,541	13,198	13,017	13,086	13,500
Cash Equivalents	-16.1%	5,644	6,729	7,055	6,856	5,373	4,646	6,850	6,897	6,065	6,833	6,853	7,087	8,856	8,339	6,954	4,881	1,766	2,031	2,389	2,319	2,872
Net PPE	0.0%	41,529	41,532	41,174	40,698	39,849	39,721	38,806	38,091	37,376	37,153	36,481	35,752	34,990	34,610	34,262	33,608	33,306	32,408	31,610	30,429	29,768
Goodwill	-0.7%	6,425	6,468	6,422	6,435	6,455	6,377	6,316	6,544	6,755	6,702	6,843	6,992	6,977	6,702	6,633	6,372	6,814	6,861	6,821	6,884	6,916
Current Liabilities	-6.6%	13,308	14,248	13,811	13,586	13,580	14,039	13,765	14,274	13,990	13,884	12,910	13,660	13,566	12,115	11,195	10,344	10,325	10,547	9,935	9,013	9,256
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	150	-	-	225
Long Term Debt	-0.4%	20,122	20,193	20,145	20,453	20,122	20,076	19,918	20,182	20,393	20,386	20,554	20,733	22,797	23,221	23,204	21,952	18,973	18,691	18,726	16,617	17,218
Shareholder's Equity	-1.5%	26,375	26,766	34.00	26,088	24,733	24,115	43.00	3,712	24,526	32.00	30,462	24,168	21,981	21,039	3,375	18,295	18,831	18,659	32.00	17,757	19,894
Retained Earnings	1.6%	37,174	36,605	36,021	35,259	34,040	33,557	33,060	32,782	32,225	31,307	30,462	29,817	27,924	27,208	26,108	25,216	25,569	25,431	25,048	24,648	26,650
Additional Paid-In Capital	1.3%	3,898	3,849	3,800	3,769	3,735	3,487	3,751	3,712	3,686	3,653	3,610	3,481	3,445	3,400	3,375	3,356	3,324	3,287	3,257	3,231	3,209
Accumulated Depreciation	2.1%	42,616	41,749	40,818	39,926	39,486	38,811	37,906	37,184	36,770	35,821	35,061	34,325	33,713	32,904	32,184	31,416	30,999	30,307	29,826	29,082	28,396
Shares Outstanding	-	-	-	-	-	251	-	-	-	259	265	-	-	-	265	263	-	261	261	261	-	261
Float	-	-	-	-	-	-	42,400	-	-	-	56,400	-	-	-	70,200	-	-	-	38,100	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-9.2%	1,610	1,774	2,230	3,447	2,276	1,518	1,607	3,502	2,248	1,998	2,084	2,743	2,162	2,579	2,651	1,819	1,204	1,509	565	2,290	1,144
Share Based Compensation	-15.0%	34.00	40.00	56.00	40.00	34.00	40.00	68.00	39.00	39.00	43.00	69.00	39.00	40.00	46.00	75.00	31.00	33.00	37.00	67.00	33.00	33.00
Cashflow From Investing	-2.3%	-1,358	-1,328	-1,280	-1,744	-1,230	-1,891	-1,309	-2,363	-1,341	-1,562	-1,550	-1,671	-1,527	-1,394	-1,418	-1,156	-1,428	-1,843	-1,419	-1,778	-1,114
Cashflow From Financing	-66.4%	-1,316	-791	-727	-201	-356	-1,793	-247	-211	-1,699	-379	-730	-2,911	-152	148	825	2,514	-34.00	-41.00	942	-1,032	695
Dividend Payments	-0.9%	314	317	318	289	290	299	299	195	198	200	200	173	172	171	170	170	170	169	170	169	341
Buy Backs	100.0%	1,000	500	500	-	-	1,500	-	-	1,500	199	549	-	-	-	-	-	-	-	3.00	116	93.00

FDX Income Statement

2024-02-29

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Income Statement [Abstract]
REVENUE	$ 21,738	$ 22,169	$ 65,584	$ 68,225
OPERATING EXPENSES:
Salaries and employee benefits	7,693	7,817	23,311	23,468
Purchased transportation	5,345	5,402	15,776	16,834
Rentals and landing fees	1,145	1,205	3,434	3,559
Depreciation and amortization	1,072	1,031	3,183	3,101
Fuel	1,140	1,350	3,569	4,765
Maintenance and repairs	804	789	2,482	2,575
Business optimization and realignment costs	114	123	364	197
Other	3,182	3,410	9,461	10,317
OPERATING EXPENSES	20,495	21,127	61,580	64,816
OPERATING INCOME	1,243	1,042	4,004	3,409
OTHER (EXPENSE) INCOME:
Interest, net	(91)	(122)	(279)	(391)
Other retirement plans, net	40	102	120	304
Other, net	(9)		(37)	(87)
OTHER (EXPENSE) INCOME	(60)	(20)	(196)	(174)
INCOME BEFORE INCOME TAXES	1,183	1,022	3,808	3,235
PROVISION FOR INCOME TAXES	304	251	951	801
NET INCOME	$ 879	$ 771	$ 2,857	$ 2,434
EARNINGS PER COMMON SHARE:
Basic	$ 3.55	$ 3.07	$ 11.43	$ 9.52
Diluted	3.51	3.05	11.31	9.46
DIVIDENDS DECLARED PER COMMON SHARE	$ 1.26	$ 1.15	$ 3.78	$ 4.6

FDX Balance Sheet

2024-02-29

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Feb. 29, 2024	May 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 5,644	$ 6,856
Receivables, less allowances of $775 and $800	9,904	10,188
Spare parts, supplies, and fuel, less allowances of $291 and $276	640	604
Prepaid expenses and other	1,236	962
Total current assets	17,424	18,610
PROPERTY AND EQUIPMENT, AT COST	84,145	80,624
Less accumulated depreciation and amortization	42,616	39,926
Net property and equipment	41,529	40,698
OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net	16,935	17,347
Goodwill	6,425	6,435
Other assets	3,801	4,053
Total other long-term assets	27,161	27,835
ASSETS	86,114	87,143
CURRENT LIABILITIES
Current portion of long-term debt	67	126
Accrued salaries and employee benefits	2,541	2,475
Accounts payable	3,780	3,848
Operating lease liabilities	2,447	2,390
Accrued expenses	4,473	4,747
Total current liabilities	13,308	13,586
LONG-TERM DEBT, LESS CURRENT PORTION	20,122	20,453
OTHER LONG-TERM LIABILITIES
Deferred income taxes	4,378	4,489
Pension, postretirement healthcare, and other benefit obligations	2,527	3,130
Self-insurance accruals	3,836	3,339
Operating lease liabilities	14,878	15,363
Other liabilities	690	695
Total other long-term liabilities	26,309	27,016
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of February 29, 2024 and May 31, 2023	32	32
Additional paid-in capital	3,898	3,769
Retained earnings	37,174	35,259
Accumulated other comprehensive loss	(1,335)	(1,327)
Treasury stock, at cost	(13,394)	(11,645)
Total common stockholders’ investment	26,375	26,088
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT	$ 86,114	$ 87,143

About FedEx Corp

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. In addition, the company offers supply chain management solutions; and air and ocean cargo transportation, specialty transportation, customs brokerage, and trade management tools and data. The company was founded in 1971 and is headquartered in Memphis, Tennessee.

CEO	Mr. Rajesh Subramaniam
WEBSITE	fedex.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	65535

FedEx Corp Frequently Asked Questions

What is the ticker symbol for FedEx Corp? What does FDX stand for in stocks?

FDX is the stock ticker symbol of FedEx Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FedEx Corp (FDX)?

As of Wed Apr 17 2024, market cap of FedEx Corp is 64.74 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FDX stock?

You can check FDX's fair value in chart for subscribers.

What is the fair value of FDX stock?

You can check FDX's fair value in chart for subscribers. The fair value of FedEx Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FedEx Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FDX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FedEx Corp a good stock to buy?

The fair value guage provides a quick view whether FDX is over valued or under valued. Whether FedEx Corp is cheap or expensive depends on the assumptions which impact FedEx Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FDX.

What is FedEx Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, FDX's PE ratio (Price to Earnings) is 14.73 and Price to Sales (PS) ratio is 0.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FDX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on FedEx Corp's stock?

In the past 10 years, FedEx Corp has provided 0.078 (multiply by 100 for percentage) rate of return.