Grufity logoGrufity logo

FedEx Corp Stock Research

FDX

219.46USD+2.40(+1.11%)Market Closed

Market Summary

USD219.46+2.40
Market Closed
1.11%

FDX Stock Price

FDX RSI Chart

FDX Valuation

Market Cap

57.1B

Price/Earnings (Trailing)

17.13

Price/Sales (Trailing)

0.61

EV/EBITDA

8.69

Price/Free Cashflow

6.43

FDX Price/Sales (Trailing)

FDX Profitability

EBT Margin

4.54%

Return on Equity

13.82%

Return on Assets

3.89%

Free Cashflow Yield

15.54%

FDX Fundamentals

FDX Revenue

Revenue (TTM)

94.1B

Revenue Y/Y

-2.81%

Revenue Q/Q

-1.84%

FDX Earnings

Earnings (TTM)

3.3B

Earnings Y/Y

-24.52%

Earnings Q/Q

-9.94%

Price Action

52 Week Range

141.92248.76
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-7.7%

Last 90 days

12.8%

Trailing 12 Months

-9.2%

FDX Financial Health

Current Ratio

1.3

Debt/Equity

0.83

Debt/Cashflow

0.44

FDX Investor Care

Dividend Yield

1.91%

Dividend/Share (TTM)

4.2

Buy Backs (1Y)

2.04%

Diluted EPS (TTM)

12.76

Peers (Alternatives to FedEx)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
57.1B
94.1B
-7.73% -9.22%
17.13
0.61
5.07% -32.20%
24.5B
50.6B
-13.91% -4.68%
298.7
0.53
69.18% 370.71%
17.6B
23.8B
-15.23% -29.32%
18.43
0.74
50.82% -2.15%
16.3B
17.1B
-6.34% 6.88%
11.98
0.95
3.32% -4.10%
11.1B
24.7B
-6.04% -0.45%
11.82
0.45
6.90% 11.40%
MID-CAP
3.6B
7.7B
-9.52% -53.52%
5.36
0.46
7.16% 95.31%
2.9B
4.5B
0.24% 21.66%
8.22
0.64
12.86% -27.86%
2.7B
2.0B
1.46% 3.83%
14.09
1.38
18.71% 82.50%
2.2B
9.2B
-18.97% -49.38%
-6.04
0.24
51.67% -98.90%
SMALL-CAP
1.8B
5.1B
-12.90% -19.64%
-3.3
0.36
56.88% -17.26%
1.5B
2.0B
-17.79% -34.57%
7.3
0.71
17.94% -14.19%
299.2M
727.6M
-5.60% -14.85%
7.3
0.22
-19.14% 92.40%
64.5M
224.4M
-8.70% 0.43%
-25.63
0.29
30.18% -139.59%
2.7M
5.3B
-14.06% 5.83%
0.01
5e-4
26.18% 108.16%

Financials for FedEx

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-0.7%94,09194,75193,51291,68389,552
Costs and Expenses-0.3%88,47488,71387,26785,56583,755
EBITDA-3.1%8,3468,6169,55511,448-
EBITDA Margin-2.5%0.09*0.09*0.10*0.12*-
Earnings Before Taxes-7.0%4,2724,5934,8966,8256,499
EBT Margin-6.3%0.05*0.05*0.05*0.07*-
Interest Expenses-689----
Net Income-7.1%3,3333,5893,8265,1364,916
Net Income Margin-6.5%0.04*0.04*0.04*0.06*-
Free Cahsflow-5.1%8,8759,3559,8329,073-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.3%85,59185,82685,99484,10884,247
  Current Assets-7.1%18,21719,60620,36519,46620,747
    Cash Equivalents-32.2%4,6466,8506,8976,0656,833
  Net PPE2.4%39,72138,80638,09137,37637,153
  Goodwill1.0%6,3776,3166,5446,7556,702
  Current Liabilities2.0%14,03913,76514,27413,99013,884
  Long Term Debt0.8%20,07619,91820,18220,39320,386
Shareholder's Equity-4.1%24,11525,14024,93924,52624,940
  Retained Earnings1.5%33,55733,06032,78232,22531,307
  Additional Paid-In Capital-7.0%3,4873,7513,7123,6863,653
Accumulated Depreciation2.4%38,81137,90637,18436,77035,821
Shares Outstanding-2.2%259265---
Float-56,400----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-5.1%8,8759,3559,8329,0738,987
  Share Based Compensation-1.6%186189190190191
Cashflow From Investing-5.0%-6,904-6,575-6,816-6,124-6,310
Cashflow From Financing-55.8%-3,950-2,536-3,019-5,719-4,172
  Dividend Payments11.1%991892793771745
  Buy Backs33.5%3,0002,2482,9331,496-

Risks for FDX

What is the probability of a big loss on FDX?

89.2%


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

56.5%


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

Returns for FDX

Cumulative Returns on FDX

7.0%


10-Year Cumulative Returns

5.6%


7-Year Cumulative Returns

-3.9%


5-Year Cumulative Returns

23.5%


3-Year Cumulative Returns

What are the long-term rolling returns for FDX?

FIve years rolling returns for FedEx.

Annualized Returns

Which funds bought or sold FDX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-38.18
-1,098,690
2,896,310
0.08%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-10.24
1,973,740
43,880,700
0.05%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
reduced
-16.99
-7,129
214,871
0.03%
2023-03-06
Rockefeller Capital Management L.P.
added
36.88
5,585,000
14,944,000
0.07%
2023-03-06
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
added
5.94
539,758
2,825,760
1.07%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
added
0.62
1,834,120
12,379,100
0.77%
2023-03-06
Aldebaran Financial Inc.
reduced
-6.6
25,812
330,812
0.36%
2023-03-03
TIAA, FSB
added
6.11
213,055
1,106,060
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
275,042
275,042
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-33.46
-76,216
263,784
0.15%

1–10 of 45

Latest Funds Activity

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

FedEx News

MarketBeat

FedEx Co. (NYSE:FDX) is Bristol John W & Co. Inc. NY's 8th Largest ....

MarketBeat,
4 hours ago

Investor's Business Daily

Tyler Morning Telegraph

Schaeffers Research

Bank Sector Spikes Volatility on Wall Street.

Schaeffers Research,
6 days ago

The Motley Fool

Yahoo Finance

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

FDX Fair Value

Recent SEC filings of FedEx

View All Filings
Date Filed Form Type Document
Mar 16, 2023
IRANNOTICE
IRANNOTICE
Mar 16, 2023
8-K
Current Report
Mar 16, 2023
10-Q
Quarterly Report
Mar 06, 2023
8-K
Current Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 07, 2023
SC 13G/A
Major Ownership Report
Feb 06, 2023
SC 13G/A
Major Ownership Report
Jan 13, 2023
4
Insider Trading

Latest Insider Trading transactions for FDX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-12
Smith Richard W
gifted
-
-
180
president/ceo fedex express
2023-01-12
Smith Richard W
gifted
-
-
-180
president/ceo fedex express
2023-01-11
Smith Richard W
gifted
-
-
-360
president/ceo fedex express
2023-01-11
Smith Richard W
gifted
-
-
180
president/ceo fedex express
2023-01-03
LANE AMY B
bought
49,232
175
280
-
2022-09-26
Perpall Frederick
acquired
139,875
146
954
-
2022-09-26
LANE AMY B
acquired
69,937
146
477
-
2022-09-26
SCHWAB SUSAN C
acquired
139,875
146
954
-
2022-09-26
Griffith Susan Patricia
acquired
139,875
146
954
-

1–10 of 50

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.

FDX Income Statement

2023-02-28
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2023
Feb. 28, 2022
Income Statement [Abstract]    
REVENUE$ 22,169$ 23,641$ 68,225$ 69,118
OPERATING EXPENSES:    
Salaries and employee benefits7,8178,24423,46824,155
Purchased transportation5,4026,27216,83418,172
Rentals and landing fees1,2051,2253,5593,535
Depreciation and amortization1,0319863,1012,952
Fuel1,3501,2014,7653,355
Maintenance and repairs7898222,5752,530
Business optimization and realignment costs123107197218
Other3,4103,45810,3179,880
OPERATING EXPENSES21,12722,31564,81664,797
OPERATING INCOME1,0421,3263,4094,321
OTHER (EXPENSE) INCOME:    
Interest, net(122)(163)(391)(478)
Other retirement plans income102211304380
Other, net 1(87)(11)
OTHER (EXPENSE) INCOME(20)49(174)(109)
INCOME BEFORE INCOME TAXES1,0221,3753,2354,212
PROVISION FOR INCOME TAXES251263801944
NET INCOME$ 771$ 1,112$ 2,434$ 3,268
EARNINGS PER COMMON SHARE:    
Basic$ 3.07$ 4.26$ 9.52$ 12.36
Diluted3.054.209.4612.17
DIVIDENDS DECLARED PER COMMON SHARE$ 1.15$ 0.75$ 4.60$ 3.00

FDX Balance Sheet

2023-02-28
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2023
May 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 5,373$ 6,897
Receivables, less allowances of $784 and $69210,72111,863
Spare parts, supplies, and fuel, less allowances of $275 and $360631637
Prepaid expenses and other1,219968
Total current assets17,94420,365
PROPERTY AND EQUIPMENT, AT COST79,33575,275
Less accumulated depreciation and amortization39,48637,184
Net property and equipment39,84938,091
OTHER LONG-TERM ASSETS  
Operating lease right-of-use assets, net17,41016,613
Goodwill6,4556,544
Other assets4,1174,381
Total other long-term assets27,98227,538
ASSETS85,77585,994
CURRENT LIABILITIES  
Current portion of long-term debt14782
Accrued salaries and employee benefits2,2662,531
Accounts payable3,9874,030
Operating lease liabilities2,4462,443
Accrued expenses4,7345,188
Total current liabilities13,58014,274
LONG-TERM DEBT, LESS CURRENT PORTION20,12220,182
OTHER LONG-TERM LIABILITIES  
Deferred income taxes4,3134,093
Pension, postretirement healthcare, and other benefit obligations3,7794,448
Self-insurance accruals3,2012,889
Operating lease liabilities15,37314,487
Other liabilities674682
Total other long-term liabilities27,34026,599
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT  
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of February 28, 2023 and May 31, 20223232
Additional paid-in capital3,7353,712
Retained earnings34,04032,782
Accumulated other comprehensive loss(1,308)(1,103)
Treasury stock, at cost(11,766)(10,484)
Total common stockholders’ investment24,73324,939
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT$ 85,775$ 85,994