FDXF vs. LUV: FedEx Freight vs. Southwest Airlines Stock Comparison
How do FedEx Freight (FDXF) and Southwest Airlines (LUV) 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 Freight (FDXF) and Southwest Airlines (LUV) both fall under the Transportation industry group, but FDXF is classified in Ground Transportation while LUV is classified in Passenger Airlines.
Southwest Airlines (LUV) has been public since January 2, 1980, giving it decades of market history across multiple cycles, while FedEx Freight (FDXF) listed only on May 27, 2026 and lacks comparable through-cycle data.
| Profile Item | FDXF | LUV |
|---|---|---|
| Name | FedEx Freight Holding Company, Inc. | Southwest Airlines Co. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Transportation | Transportation |
| GICS Industry | Ground Transportation | Passenger Airlines |
| GICS Sub-Industry | Cargo Ground Transportation | Passenger Airlines |
| Market Capitalization | 18.47 billion USD | 21.76 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 27, 2026 | January 2, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FDXF | LUV |
|---|---|---|
| Total Return (1Y) | -- | 44.35% |
| Total Return (3Y, Annualized) | -- | 28.08% |
| Total Return (5Y, Annualized) | -- | -0.31% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
FedEx Freight (FDXF) reports a negative beta of -1.72, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Southwest Airlines (LUV) has a non-negative beta of 1.19.
| Metric | FDXF | LUV |
|---|---|---|
| Volatility (1Y, Annualized) | 64.08% | 44.46% |
| Beta (5Y) | -1.72 | 1.19 |
| Max Drawdown (5Y) | -42.72% | -55.39% |
| Avg. Volume (3M) | 1.53M | 5.76M |
Risk-Adjusted Performance
Risk-Return Positioning
Both FDXF and LUV need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | FDXF | LUV |
|---|---|---|
| Sharpe Ratio (1Y) | -- | 0.90 |
| Sortino Ratio (1Y) | -- | 1.51 |
Profitability
ROE (TTM)
FedEx Freight (FDXF) at 69.09% clears its industry range for ROE, a sharper capital-efficiency signal than Southwest Airlines (LUV) at 13.94%, which is closer to a typical peer reading.
FDXF
Transportation industry group
69.09%
- FDXF
- 69.09%
- Max
- 45.08%
- Q3
- 22.02%
- Median
- 13.94%
- Q1
- 2.89%
- Min
- -10.45%
LUV
Transportation industry group
13.94%
- Max
- 45.08%
- Q3
- 22.02%
- LUV
- 13.94%
- Median
- 13.94%
- Q1
- 2.89%
- Min
- -10.45%
Net Margin (TTM)
Both FedEx Freight (FDXF) at 7.45% and Southwest Airlines (LUV) at 3.34% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
FDXF
Transportation industry group
7.45%
- Max
- 50.36%
- Q3
- 21.18%
- FDXF
- 7.45%
- Median
- 5.58%
- Q1
- 1.55%
- Min
- -11.37%
LUV
Transportation industry group
3.34%
- Max
- 50.36%
- Q3
- 21.18%
- Median
- 5.58%
- LUV
- 3.34%
- Q1
- 1.55%
- Min
- -11.37%
Operating Margin (TTM)
FedEx Freight (FDXF) at 14.66% runs core operations around its industry’s norm, while Southwest Airlines (LUV) at 4.49% operates in the bottom quartile.
FDXF
Transportation industry group
14.66%
- Max
- 59.18%
- Q3
- 29.30%
- FDXF
- 14.66%
- Median
- 11.50%
- Q1
- 4.62%
- Min
- -8.91%
LUV
Transportation industry group
4.49%
- Max
- 59.18%
- Q3
- 29.30%
- Median
- 11.50%
- Q1
- 4.62%
- LUV
- 4.49%
- Min
- -8.91%
Profitability Metrics
| Metric | FDXF | LUV |
|---|---|---|
| ROE (TTM) | 69.09% | 13.94% |
| ROA (TTM) | 5.67% | 3.05% |
| Net Margin (TTM) | 7.45% | 3.34% |
| Operating Margin (TTM) | 14.66% | 4.49% |
| Gross Margin (TTM) | 29.28% | 22.14% |
Growth
Revenue Growth
Both FedEx Freight (FDXF) at -1.09% and Southwest Airlines (LUV) at 2.11% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both FedEx Freight (FDXF) at -51.34% and Southwest Airlines (LUV) at 3.95% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FDXF | LUV |
|---|---|---|
| Revenue Growth (YoY) | -1.09% | 2.11% |
| Revenue Growth (3Y CAGR) | -4.46% | 5.63% |
| EPS Growth (YoY) | -51.34% | 3.95% |
| EPS Growth (3Y CAGR) | -25.45% | -3.16% |
Financial Strength
Current Ratio (MRQ)
FedEx Freight (FDXF) at 1.52 keeps current ratio within its industry’s typical mid-range, while Southwest Airlines (LUV) at 0.47 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LUV.
FDXF
Transportation industry group
1.52
- Max
- 2.58
- Q3
- 1.62
- FDXF
- 1.52
- Median
- 1.16
- Q1
- 0.78
- Min
- 0.22
LUV
Transportation industry group
0.47
- Max
- 2.58
- Q3
- 1.62
- Median
- 1.16
- Q1
- 0.78
- LUV
- 0.47
- Min
- 0.22
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Southwest Airlines (LUV) carries debt-to-equity ratio of 0.94 against its industry range, while FedEx Freight (FDXF) reports no figure this period.
FDXF
Transportation industry group
--
- Max
- 2.75
- Q3
- 1.37
- Median
- 0.78
- Q1
- 0.35
- Min
- 0.00
- FDXF
- --
LUV
Transportation industry group
0.94
- Max
- 2.75
- Q3
- 1.37
- LUV
- 0.94
- Median
- 0.78
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | FDXF | LUV |
|---|---|---|
| Current Ratio (MRQ) | 1.52 | 0.47 |
| Debt / Equity (MRQ) | -- | 0.94 |
| Net Debt / EBITDA | 5.94 | 1.21 |
Dividends
Dividend Yield (TTM)
FedEx Freight (FDXF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Southwest Airlines (LUV) reports a yield of 1.62%, ranking against industry peers normally.
FDXF
Transportation industry group
0.00%
- Max
- 4.68%
- Q3
- 1.99%
- Median
- 0.74%
- FDXF
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LUV
Transportation industry group
1.62%
- Max
- 4.68%
- Q3
- 1.99%
- LUV
- 1.62%
- Median
- 0.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
FedEx Freight (FDXF) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Southwest Airlines (LUV) reports a payout of 35.12%, ranking against industry peers normally.
FDXF
Transportation industry group
0.00%
- Max
- 100.89%
- Q3
- 41.68%
- Median
- 20.43%
- FDXF
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LUV
Transportation industry group
35.12%
- Max
- 100.89%
- Q3
- 41.68%
- LUV
- 35.12%
- Median
- 20.43%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FDXF | LUV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.62% |
| Dividend Payout Ratio (TTM) | 0.00% | 35.12% |
Valuation
P/E Ratio (TTM)
Southwest Airlines (LUV) at 21.68 is near its industry’s usual P/E ratio, while FedEx Freight (FDXF) at 36.23 sits in the richer quartile — FDXF needs stronger growth or earnings quality to justify the premium.
FDXF
Transportation industry group
36.23
- Max
- 46.76
- FDXF
- 36.23
- Q3
- 30.87
- Median
- 20.58
- Q1
- 10.44
- Min
- 0.00
LUV
Transportation industry group
21.68
- Max
- 46.76
- Q3
- 30.87
- LUV
- 21.68
- Median
- 20.58
- Q1
- 10.44
- Min
- 0.00
P/S Ratio (TTM)
Southwest Airlines (LUV) at 0.69 is priced about in line with its industry on P/S ratio, while FedEx Freight (FDXF) at 2.10 sits in the pricier quartile — FDXF costs more per dollar of sales.
FDXF
Transportation industry group
2.10
- Max
- 4.35
- FDXF
- 2.10
- Q3
- 2.07
- Median
- 0.93
- Q1
- 0.53
- Min
- 0.04
LUV
Transportation industry group
0.69
- Max
- 4.35
- Q3
- 2.07
- Median
- 0.93
- LUV
- 0.69
- Q1
- 0.53
- Min
- 0.04
P/B Ratio (MRQ)
FedEx Freight (FDXF) reports a negative P/B ratio of -73.55, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Southwest Airlines (LUV) reports 2.97, ranking against industry peers normally.
FDXF
Transportation industry group
-73.55
- Max
- 6.29
- Q3
- 3.39
- Median
- 1.90
- Q1
- 1.03
- Min
- -2.07
- FDXF
- -73.55
LUV
Transportation industry group
2.97
- Max
- 6.29
- Q3
- 3.39
- LUV
- 2.97
- Median
- 1.90
- Q1
- 1.03
- Min
- -2.07
Valuation Metrics
| Metric | FDXF | LUV |
|---|---|---|
| P/E Ratio (TTM) | 36.23 | 21.68 |
| P/S Ratio (TTM) | 2.10 | 0.69 |
| P/B Ratio (MRQ) | -73.55 | 2.97 |
| Free Cash Flow Yield (TTM) | -2.77% | -2.82% |