FedEx (FDX) Stock Analysis
This is a peer-relative look at FedEx (FDX): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Transportation peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | FDX |
|---|---|
| Name | FedEx Corporation |
| Country/Region | United States |
| GICS Sector | Industrials |
| GICS Industry Group | Transportation |
| GICS Industry | Air Freight & Logistics |
| GICS Sub-Industry | Air Freight & Logistics |
| Market Capitalization | 74.57 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | April 12, 1978 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| Total Return (1Y) | 76.66% | 42.28% |
| Total Return (3Y, Annualized) | 16.99% | 10.91% |
| Total Return (5Y, Annualized) | 7.67% | 10.49% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 29.44% | 39.94% |
| Beta (5Y) | 1.31 | 1.14 |
| Max Drawdown (5Y) | -51.15% | -52.03% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 2.47 | 1.03 |
| Sortino Ratio (1Y) | 3.79 | 1.53 |
Profitability
ROE (TTM)
FedEx (FDX) posts ROE of 14.85%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
FDX
Transportation industry group
14.85%
Group distribution
- Max
- 43.37%
- Q3
- 19.94%
- FDX
- 14.85%
- Median
- 10.23%
- Q1
- 1.86%
- Min
- -18.53%
Largest peers
- UNP
- 40.69%
- UBER
- 35.31%
- UPS
- 33.35%
- CSX
- 23.68%
- CNI
- 21.85%
- FDX
- 14.85%
- CP
- 8.43%
Net Margin (TTM)
FedEx (FDX) keeps 4.68% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
FDX
Transportation industry group
4.68%
Group distribution
- Max
- 43.82%
- Q3
- 18.75%
- Median
- 5.20%
- FDX
- 4.68%
- Q1
- 0.62%
- Min
- -9.62%
Largest peers
- UNP
- 29.20%
- CNI
- 27.23%
- CP
- 27.21%
- CSX
- 21.55%
- UBER
- 15.91%
- UPS
- 5.94%
- FDX
- 4.68%
Operating Margin (TTM)
FedEx (FDX) turns 11.13% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.
FDX
Transportation industry group
11.13%
Group distribution
- Max
- 54.53%
- Q3
- 24.38%
- FDX
- 11.13%
- Median
- 7.26%
- Q1
- 1.31%
- Min
- -33.27%
Largest peers
- UNP
- 40.36%
- CNI
- 38.41%
- CP
- 37.56%
- CSX
- 36.16%
- UBER
- 14.57%
- FDX
- 11.13%
- UPS
- 6.33%
Profitability Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| ROE (TTM) | 14.85% | 10.23% |
| ROA (TTM) | 5.03% | 3.47% |
| Net Margin (TTM) | 4.68% | 5.20% |
| Operating Margin (TTM) | 11.13% | 7.26% |
| Gross Margin (TTM) | 27.32% | 27.62% |
Growth
Revenue Growth
FedEx (FDX) grew revenue 0.27%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
FedEx (FDX) grew earnings per share -2.32%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.
Growth Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 0.27% | 2.11% |
| Revenue Growth (3Y CAGR) | -2.03% | 1.62% |
| EPS Growth (YoY) | -2.32% | -6.71% |
| EPS Growth (3Y CAGR) | 5.46% | -7.47% |
Financial Strength
Current Ratio (MRQ)
FedEx (FDX) has current ratio of 1.48, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
FDX
Transportation industry group
1.48
Group distribution
- Max
- 2.26
- Q3
- 1.59
- FDX
- 1.48
- Median
- 1.12
- Q1
- 0.78
- Min
- 0.30
Largest peers
- FDX
- 1.48
- UPS
- 1.21
- UBER
- 1.07
- CSX
- 0.97
- UNP
- 0.92
- CP
- 0.67
- CNI
- 0.67
Debt / Equity (MRQ)
FedEx (FDX) has debt-to-equity ratio of 1.36, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
FDX
Transportation industry group
1.36
Group distribution
- Max
- 3.37
- Q3
- 1.62
- FDX
- 1.36
- Median
- 0.84
- Q1
- 0.36
- Min
- 0.00
Largest peers
- UPS
- 1.82
- UNP
- 1.62
- CSX
- 1.43
- FDX
- 1.36
- CNI
- 1.06
- CP
- 0.51
- UBER
- 0.48
Financial Strength Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.48 | 1.12 |
| Debt / Equity (MRQ) | 1.36 | 0.84 |
| Net Debt / EBITDA | 2.49 | 2.41 |
Dividends
Dividend Yield (TTM)
FedEx (FDX) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
FDX
Transportation industry group
0.00%
Group distribution
- Max
- 4.23%
- Q3
- 1.79%
- Median
- 0.55%
- FDX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- UPS
- 5.80%
- CNI
- 2.82%
- UNP
- 1.85%
- CSX
- 1.06%
- CP
- 1.00%
- FDX
- 0.00%
- UBER
- 0.00%
Dividend Payout Ratio (TTM)
FedEx (FDX) has payout ratio of 31.27%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.
FDX
Transportation industry group
31.27%
Group distribution
- Max
- 106.15%
- Q3
- 44.94%
- FDX
- 31.27%
- Median
- 20.02%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- UPS
- 106.15%
- CNI
- 47.13%
- UNP
- 45.10%
- CSX
- 32.52%
- FDX
- 31.27%
- CP
- 20.36%
- UBER
- 0.00%
Dividend Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.55% |
| Dividend Payout Ratio (TTM) | 31.27% | 20.02% |
Valuation
P/E Ratio (TTM)
FedEx (FDX) trades at P/E ratio of 16.50, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.
FDX
Transportation industry group
16.50
Group distribution
- Max
- 94.71
- Q3
- 46.51
- Median
- 23.58
- FDX
- 16.50
- Q1
- 14.12
- Min
- 1.16
Largest peers
- CSX
- 30.80
- CP
- 29.03
- UNP
- 24.39
- CNI
- 23.71
- UPS
- 18.32
- UBER
- 17.93
- FDX
- 16.50
P/S Ratio (TTM)
FedEx (FDX) trades at 0.79 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
FDX
Transportation industry group
0.79
Group distribution
- Max
- 4.46
- Q3
- 2.30
- Median
- 1.35
- FDX
- 0.79
- Q1
- 0.62
- Min
- 0.07
Largest peers
- UNP
- 7.05
- CSX
- 6.55
- CP
- 5.40
- CNI
- 4.46
- UBER
- 2.71
- UPS
- 1.12
- FDX
- 0.79
P/B Ratio (MRQ)
FedEx (FDX) trades at 2.40 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.
FDX
Transportation industry group
2.40
Group distribution
- Max
- 9.10
- Q3
- 4.59
- FDX
- 2.40
- Median
- 2.21
- Q1
- 1.23
- Min
- -2.48
Largest peers
- UNP
- 8.96
- CSX
- 6.83
- UPS
- 6.09
- UBER
- 5.89
- CNI
- 5.06
- CP
- 2.46
- FDX
- 2.40
Valuation Metrics
| Metric | Current stock: FDX | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 16.50 | 23.58 |
| P/S Ratio (TTM) | 0.79 | 1.35 |
| P/B Ratio (MRQ) | 2.40 | 2.21 |
| Free Cash Flow Yield (TTM) | 7.42% | 2.46% |