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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

Company profile fields for FedEx (FDX)
Profile ItemFDX
NameFedEx Corp.
Country/RegionUnited States
GICS SectorIndustrials
GICS Industry GroupTransportation
GICS IndustryAir Freight & Logistics
GICS Sub-IndustryAir Freight & Logistics
Market Capitalization72.17 billion USD
CurrencyUSD
ExchangeNYSE
Listing DateApril 12, 1978
Security TypeCommon Stock

Price Performance

Cumulative Growth

FDX
GSPC
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FedEx (FDX) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for FedEx (FDX) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for FedEx (FDX) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
Total Return (1Y)53.06%22.71%
Total Return (3Y, Annualized)20.20%14.66%
Total Return (5Y, Annualized)11.81%3.98%

Risk Profile

Drawdown History

FDX
GSPC
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FedEx (FDX) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for FedEx (FDX) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
Volatility (1Y, Annualized)28.80%40.42%
Beta (5Y)1.261.15
Max Drawdown (5Y)-45.30%-52.44%

Risk-Adjusted Performance

Risk-Return Positioning

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Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. FDX is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
Sharpe Ratio (1Y)1.690.46
Sortino Ratio (1Y)2.620.70

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
45.08%
Q3
22.02%
FDX
14.85%
Median
13.94%
Q1
2.89%
Min
-10.45%
Largest peers
UNP
38.75%
UPS
28.65%
CSX
26.39%
CNI
22.45%
FDX
14.85%
UBER
12.33%
CP
8.27%
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Where FedEx (FDX) stands on ROE within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

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
50.36%
Q3
21.18%
Median
5.58%
FDX
4.68%
Q1
1.55%
Min
-11.37%
Largest peers
UNP
28.90%
CNI
26.42%
CP
24.14%
CSX
23.97%
UBER
6.13%
UPS
4.84%
FDX
4.68%
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Where FedEx (FDX) stands on net margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

FedEx (FDX) turns 5.00% 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

5.00%

Group distribution
Max
59.18%
Q3
29.30%
Median
11.50%
FDX
5.00%
Q1
4.62%
Min
-8.91%
Largest peers
CNI
41.52%
UNP
41.34%
CSX
39.26%
CP
38.56%
UBER
9.80%
UPS
9.28%
FDX
5.00%
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Where FedEx (FDX) stands on operating margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
ROE (TTM)14.85%13.94%
ROA (TTM)5.01%4.95%
Net Margin (TTM)4.68%5.58%
Operating Margin (TTM)5.00%11.50%
Gross Margin (TTM)27.32%27.25%

Growth

Revenue Growth

FedEx (FDX) grew revenue 7.73%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

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FedEx (FDX): Revenue Growth across different time periods, set against Transportation industry-group medians.

EPS Growth

FedEx (FDX) grew earnings per share 10.35%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

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FedEx (FDX): EPS Growth across different time periods, set against Transportation industry-group medians.

Growth Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
Revenue Growth (YoY)7.73%2.80%
Revenue Growth (3Y CAGR)1.66%1.66%
EPS Growth (YoY)10.35%-10.61%
EPS Growth (3Y CAGR)6.22%-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
2.58
Q3
1.62
FDX
1.48
Median
1.16
Q1
0.78
Min
0.22
Largest peers
FDX
1.48
UPS
1.24
UBER
1.23
UNP
1.16
CSX
0.84
CNI
0.82
CP
0.52
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Where FedEx (FDX) stands on current ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

FedEx (FDX) has debt-to-equity ratio of 0.99, 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

0.99

Group distribution
Max
2.75
Q3
1.37
FDX
0.99
Median
0.78
Q1
0.35
Min
0.00
Largest peers
UPS
2.03
UNP
1.41
CSX
1.35
CNI
1.09
FDX
0.99
UBER
0.61
CP
0.55
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Where FedEx (FDX) stands on debt-to-equity ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
Current Ratio (MRQ)1.481.16
Debt / Equity (MRQ)0.990.78
Net Debt / EBITDA1.912.00

Dividends

Dividend Yield (TTM)

FedEx (FDX) has dividend yield of 1.76%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

FDX

Transportation industry group

1.76%

Group distribution
Max
4.68%
Q3
1.99%
FDX
1.76%
Median
0.74%
Q1
0.00%
Min
0.00%
Largest peers
UPS
5.91%
CNI
2.87%
UNP
1.87%
FDX
1.76%
CSX
1.08%
CP
1.06%
UBER
0.00%
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Where FedEx (FDX) stands on dividend yield within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

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
100.89%
Q3
41.68%
FDX
31.27%
Median
20.43%
Q1
0.00%
Min
0.00%
Largest peers
UPS
126.40%
CNI
45.63%
UNP
43.37%
FDX
31.27%
CSX
28.65%
CP
22.91%
UBER
0.00%
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Where FedEx (FDX) stands on payout ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
Dividend Yield (TTM)1.76%0.74%
Dividend Payout Ratio (TTM)31.27%20.43%

Valuation

P/E Ratio (TTM)

FedEx (FDX) trades at P/E ratio of 16.61, 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

16.61

Group distribution
Max
46.76
Q3
30.87
Median
20.58
FDX
16.61
Q1
10.44
Min
0.00
Largest peers
UBER
40.35
CP
29.54
CSX
25.58
UNP
22.63
CNI
21.61
UPS
20.87
FDX
16.61
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Where FedEx (FDX) stands on P/E ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

FedEx (FDX) trades at 0.76 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

0.76

Group distribution
Max
4.35
Q3
2.07
Median
0.93
FDX
0.76
Q1
0.53
Min
0.04
Largest peers
UNP
6.54
CSX
6.09
CP
5.01
CNI
4.05
UBER
2.48
UPS
1.01
FDX
0.76
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Where FedEx (FDX) stands on P/S ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

FedEx (FDX) trades at 2.09 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

2.09

Group distribution
Max
6.29
Q3
3.39
FDX
2.09
Median
1.90
Q1
1.03
Min
-2.07
Largest peers
UNP
7.83
CSX
6.29
UPS
6.15
UBER
5.06
CNI
4.77
CP
2.46
FDX
2.09
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Where FedEx (FDX) stands on P/B ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

FedEx (FDX) metric values compared with Transportation industry-group medians
MetricCurrent stock: FDXIndustry group median
P/E Ratio (TTM)16.6120.58
P/S Ratio (TTM)0.760.93
P/B Ratio (MRQ)2.091.90
Free Cash Flow Yield (TTM)7.84%3.36%