FDX vs. UPS: FedEx vs. United Parcel Service Stock Comparison

July 2, 2026

How do FedEx (FDX) and United Parcel Service (UPS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

FedEx (FDX) and United Parcel Service (UPS) are both classified in the Air Freight & Logistics sub-industry within the broader Air Freight & Logistics industry, placing them in the closest GICS peer bucket.

Company profile comparison for FedEx (FDX) and United Parcel Service (UPS)
Profile Item	FDX	UPS
Name	FedEx Corporation	United Parcel Service, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Transportation	Transportation
GICS Industry	Air Freight & Logistics	Air Freight & Logistics
GICS Sub-Industry	Air Freight & Logistics	Air Freight & Logistics
Market Capitalization	74.71 billion USD	91.38 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	April 12, 1978	November 10, 1999
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FDX

UPS

FedEx (FDX) vs. United Parcel Service (UPS): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for FedEx (FDX) and United Parcel Service (UPS). Returns over one year are annualized.

Performance Metrics

Price performance metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
Total Return (1Y)	74.28%	13.82%

Risk Profile

Drawdown History

FDX

UPS

FedEx (FDX) vs. United Parcel Service (UPS): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk Metrics

Risk profile metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
Volatility (1Y, Annualized)	29.58%	30.28%
Beta (5Y)	1.30	1.05
Avg. Volume (3M)	2.13M	5.67M

Risk-Adjusted Performance

Risk-Return Positioning

FDX and UPS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Profitability

ROE (TTM)

United Parcel Service (UPS) at 33.35% sits in the top ROE quartile, while FedEx (FDX) at 14.85% is closer to the peer norm — stronger capital efficiency for UPS.

FDX

Transportation industry group

14.85%

Max: 43.37%
Q3: 20.89%
FDX: 14.85%
Median: 10.23%
Q1: 1.87%
Min: -18.46%

UPS

Transportation industry group

33.35%

Max: 43.37%
UPS: 33.35%
Q3: 20.89%
Median: 10.23%
Q1: 1.87%
Min: -18.46%

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their ROE against the Transportation industry group benchmark.

Net Margin (TTM)

Both FedEx (FDX) at 4.68% and United Parcel Service (UPS) at 5.94% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

FDX

Transportation industry group

4.68%

Max: 43.82%
Q3: 18.74%
Median: 4.89%
FDX: 4.68%
Q1: 0.49%
Min: -9.62%

UPS

Transportation industry group

5.94%

Max: 43.82%
Q3: 18.74%
UPS: 5.94%
Median: 4.89%
Q1: 0.49%
Min: -9.62%

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their net margin against the Transportation industry group benchmark.

Operating Margin (TTM)

Both FedEx (FDX) at 11.13% and United Parcel Service (UPS) at 6.33% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

FDX

Transportation industry group

11.13%

Max: 54.53%
Q3: 23.98%
FDX: 11.13%
Median: 6.34%
Q1: 1.12%
Min: -32.41%

UPS

Transportation industry group

6.33%

Max: 54.53%
Q3: 23.98%
Median: 6.34%
UPS: 6.33%
Q1: 1.12%
Min: -32.41%

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their operating margin against the Transportation industry group benchmark.

Profitability Metrics

Profitability metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
ROE (TTM)	14.85%	33.35%
ROA (TTM)	5.03%	7.19%
Net Margin (TTM)	4.68%	5.94%
Operating Margin (TTM)	11.13%	6.33%
Gross Margin (TTM)	27.32%	22.45%

Growth

Revenue Growth

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their Revenue Growth across different time periods.

Revenue Growth Metrics

Revenue growth metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
Revenue Growth (YoY)	0.27%	-2.65%
Revenue Growth (3Y CAGR)	-2.03%	-4.04%

EPS Growth

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their EPS Growth across different time periods.

EPS Growth Metrics

EPS growth metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
EPS Growth (YoY)	-2.32%	-2.81%
EPS Growth (3Y CAGR)	5.46%	-20.79%

Financial Strength

Current Ratio (MRQ)

Both FedEx (FDX) at 1.48 and United Parcel Service (UPS) at 1.21 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

FDX

Transportation industry group

1.48

Max: 2.26
Q3: 1.59
FDX: 1.48
Median: 1.13
Q1: 0.78
Min: 0.19

UPS

Transportation industry group

1.21

Max: 2.26
Q3: 1.59
UPS: 1.21
Median: 1.13
Q1: 0.78
Min: 0.19

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their current ratio against the Transportation industry group benchmark.

Debt / Equity (MRQ)

FedEx (FDX) at 1.36 carries an industry-typical debt-to-equity mix, while United Parcel Service (UPS) at 1.82 uses more debt funding than most peers.

FDX

Transportation industry group

1.36

Max: 3.37
Q3: 1.70
FDX: 1.36
Median: 0.76
Q1: 0.36
Min: 0.00

UPS

Transportation industry group

1.82

Max: 3.37
UPS: 1.82
Q3: 1.70
Median: 0.76
Q1: 0.36
Min: 0.00

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their debt-to-equity ratio against the Transportation industry group benchmark.

Financial Strength Metrics

Financial strength metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
Current Ratio (MRQ)	1.48	1.21
Debt / Equity (MRQ)	1.36	1.82
Net Debt / EBITDA	2.49	1.93

Dividends

Dividend Yield (TTM)

FedEx (FDX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile United Parcel Service (UPS) reports a yield of 6.07%, ranking against industry peers normally.

FDX

Transportation industry group

0.00%

Max: 3.33%
Q3: 1.47%
Median: 0.52%
FDX: 0.00%
Q1: 0.00%
Min: 0.00%

UPS

Transportation industry group

6.07%

UPS: 6.07%
Max: 3.33%
Q3: 1.47%
Median: 0.52%
Q1: 0.00%
Min: 0.00%

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their dividend yield against the Transportation industry group benchmark.

Dividend Payout Ratio (TTM)

United Parcel Service (UPS) reports payout ratio above 100% at 106.15%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile FedEx (FDX) reports 30.59%, ranking against industry peers normally.

FDX

Transportation industry group

30.59%

Max: 106.15%
Q3: 45.20%
FDX: 30.59%
Median: 20.02%
Q1: 0.00%
Min: 0.00%

UPS

Transportation industry group

106.15%

UPS: 106.15%
Max: 106.15%
Q3: 45.20%
Median: 20.02%
Q1: 0.00%
Min: 0.00%

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their payout ratio against the Transportation industry group benchmark.

Dividend Metrics

Dividend metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
Dividend Yield (TTM)	0.00%	6.07%
Dividend Payout Ratio (TTM)	30.59%	106.15%

Valuation

P/E Ratio (TTM)

Both FedEx (FDX) at 16.72 and United Parcel Service (UPS) at 17.39 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

FDX

Transportation industry group

16.72

Max: 82.00
Q3: 45.23
Median: 22.35
FDX: 16.72
Q1: 13.74
Min: 0.00

UPS

Transportation industry group

17.39

Max: 82.00
Q3: 45.23
Median: 22.35
UPS: 17.39
Q1: 13.74
Min: 0.00

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their P/E ratio against the Transportation industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both FedEx (FDX) at 0.79 and United Parcel Service (UPS) at 1.03 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

FDX

Transportation industry group

0.79

Max: 4.39
Q3: 2.14
Median: 1.17
FDX: 0.79
Q1: 0.59
Min: 0.08

UPS

Transportation industry group

1.03

Max: 4.39
Q3: 2.14
Median: 1.17
UPS: 1.03
Q1: 0.59
Min: 0.08

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their P/S ratio against the Transportation industry group benchmark.

P/B Ratio (MRQ)

FedEx (FDX) at 2.38 is valued about in line with its industry on P/B ratio, while United Parcel Service (UPS) at 5.62 carries an above-peer premium to book — UPS is pricier on assets.

FDX

Transportation industry group

2.38

Max: 8.78
Q3: 4.45
FDX: 2.38
Median: 2.13
Q1: 1.20
Min: -2.93

UPS

Transportation industry group

5.62

Max: 8.78
UPS: 5.62
Q3: 4.45
Median: 2.13
Q1: 1.20
Min: -2.93

FedEx (FDX) vs. United Parcel Service (UPS): A comparison of their P/B ratio against the Transportation industry group benchmark.

Valuation Metrics

Valuation metrics for FedEx (FDX) and United Parcel Service (UPS)
Metric	FDX	UPS
P/E Ratio (TTM)	16.72	17.39
P/S Ratio (TTM)	0.79	1.03
P/B Ratio (MRQ)	2.38	5.62
Free Cash Flow Yield (TTM)	7.41%	5.06%