FedEx (FDX) vs. United Parcel Service (UPS)
This page compares FedEx (FDX) with United Parcel Service (UPS) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
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.
| Symbol | 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 | 78.26 billion USD | 93.69 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 12, 1978 | November 10, 1999 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both FedEx (FDX) at 17.51 and United Parcel Service (UPS) at 17.83 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.
FDX
Transportation industry group
17.51
- Max
- 87.39
- Q3
- 44.43
- Median
- 22.03
- Q1
- 13.30
- Min
- 0.00
UPS
Transportation industry group
17.83
- Max
- 87.39
- Q3
- 44.43
- Median
- 22.03
- Q1
- 13.30
- Min
- 0.00
Price-to-Sales Ratio (TTM)
On Price-to-Sales Ratio (TTM), both FedEx (FDX) at 0.85 and United Parcel Service (UPS) at 1.06 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
FDX
Transportation industry group
0.85
- Max
- 4.23
- Q3
- 2.22
- Median
- 1.15
- Q1
- 0.57
- Min
- 0.08
UPS
Transportation industry group
1.06
- Max
- 4.23
- Q3
- 2.22
- Median
- 1.15
- Q1
- 0.57
- Min
- 0.08
Price-to-Book Ratio (MRQ)
FedEx (FDX) at 2.63 is valued about in line with its industry on Price-to-Book Ratio (MRQ), while United Parcel Service (UPS) at 5.77 carries a peer-beating premium to book — UPS is pricier on assets.
FDX
Transportation industry group
2.63
- Max
- 8.05
- Q3
- 4.22
- Median
- 2.10
- Q1
- 1.22
- Min
- -2.23
UPS
Transportation industry group
5.77
- Max
- 8.05
- Q3
- 4.22
- Median
- 2.10
- Q1
- 1.22
- Min
- -2.23
Valuation at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 17.51 | 17.83 |
| Price-to-Sales Ratio (TTM) | 0.85 | 1.06 |
| Price-to-Book Ratio (MRQ) | 2.63 | 5.77 |
| Free Cash Flow Yield | 1.14% | 4.94% |
Profitability
Return on Equity (TTM)
United Parcel Service (UPS) at 33.35% ranks in the top quartile for Return on Equity (TTM), ahead of FedEx (FDX) at 15.87%, which sits closer to the industry mid-range.
FDX
Transportation industry group
15.87%
- Max
- 43.37%
- Q3
- 20.89%
- Median
- 10.45%
- Q1
- 1.90%
- Min
- -18.46%
UPS
Transportation industry group
33.35%
- Max
- 43.37%
- Q3
- 20.89%
- Median
- 10.45%
- Q1
- 1.90%
- Min
- -18.46%
Net Profit Margin (TTM)
Both FedEx (FDX) at 4.88% 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
4.88%
- Max
- 43.82%
- Q3
- 19.52%
- Median
- 5.13%
- Q1
- 1.18%
- Min
- -9.62%
UPS
Transportation industry group
5.94%
- Max
- 43.82%
- Q3
- 19.52%
- Median
- 5.13%
- Q1
- 1.18%
- Min
- -9.62%
Operating Profit Margin (TTM)
Both FedEx (FDX) at 6.94% 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
6.94%
- Max
- 54.53%
- Q3
- 24.18%
- Median
- 6.35%
- Q1
- 1.27%
- Min
- -20.08%
UPS
Transportation industry group
6.33%
- Max
- 54.53%
- Q3
- 24.18%
- Median
- 6.35%
- Q1
- 1.27%
- Min
- -20.08%
Profitability at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| Return on Equity (TTM) | 15.87% | 33.35% |
| Return on Assets (TTM) | 5.03% | 7.19% |
| Net Profit Margin (TTM) | 4.88% | 5.94% |
| Operating Profit Margin (TTM) | 6.94% | 6.33% |
| Gross Profit Margin (TTM) | 27.55% | 22.45% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| 1-Year Revenue Growth | 0.27% | -2.65% |
| 3-Year Revenue CAGR | -2.03% | -4.04% |
EPS Growth
EPS Growth at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| 1-Year EPS Growth | -2.32% | -2.81% |
| 3-Year EPS CAGR | 5.46% | -20.79% |
Financial Strength
Current Ratio (MRQ)
Both FedEx (FDX) at 1.47 and United Parcel Service (UPS) at 1.21 carry Current Ratio (MRQ) within their industry mid-ranges, suggesting balanced short-term liquidity relative to peers.
FDX
Transportation industry group
1.47
- Max
- 2.26
- Q3
- 1.62
- Median
- 1.15
- Q1
- 0.83
- Min
- 0.42
UPS
Transportation industry group
1.21
- Max
- 2.26
- Q3
- 1.62
- Median
- 1.15
- Q1
- 0.83
- Min
- 0.42
Debt-to-Equity Ratio (MRQ)
FedEx (FDX) at 1.41 carries Debt-to-Equity Ratio (MRQ) around its industry mid-range, while United Parcel Service (UPS) at 1.82 sits in the higher-leverage quartile.
FDX
Transportation industry group
1.41
- Max
- 3.37
- Q3
- 1.66
- Median
- 0.76
- Q1
- 0.36
- Min
- 0.00
UPS
Transportation industry group
1.82
- Max
- 3.37
- Q3
- 1.66
- Median
- 0.76
- Q1
- 0.36
- Min
- 0.00
Financial Strength at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| Current Ratio (MRQ) | 1.47 | 1.21 |
| Debt-to-Equity Ratio (MRQ) | 1.41 | 1.82 |
| Net Debt / EBITDA | 2.92 | 1.93 |
Dividends
Dividend Yield (TTM)
United Parcel Service (UPS) at 5.95% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of FedEx (FDX) at 1.77%, which sits around the industry mid-range.
FDX
Transportation industry group
1.77%
- Max
- 6.04%
- Q3
- 2.58%
- Median
- 1.01%
- Q1
- 0.00%
- Min
- 0.00%
UPS
Transportation industry group
5.95%
- Max
- 6.04%
- Q3
- 2.58%
- Median
- 1.01%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
United Parcel Service (UPS) reports an unusual Dividend Payout Ratio (TTM) of 106.15% — outside the typical 0–100% range, indicating either negative earnings (negative ratio) or dividends above current-period earnings (above 100%), both signaling sustainability concerns. Meanwhile FedEx (FDX) reports 30.59%, ranking against industry peers normally.
FDX
Transportation industry group
30.59%
- Max
- 106.15%
- Q3
- 45.95%
- Median
- 20.55%
- Q1
- 0.00%
- Min
- 0.00%
UPS
Transportation industry group
106.15%
- Max
- 106.15%
- Q3
- 45.95%
- Median
- 20.55%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| Dividend Yield (TTM) | 1.77% | 5.95% |
| Dividend Payout Ratio (TTM) | 30.59% | 106.15% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | FDX | UPS |
|---|---|---|
| 1-Year Return | 90.09% | 19.53% |
| 1-Year Volatility | 28.29% | 29.24% |
| Beta | 1.29 | 1.05 |
| 3-Month Avg. Volume | 2.21M | 6.41M |