Stock Analysis
FedEx CorporationFDX
P/E 15.49×· 5Y range 10.30–23.15×· 53th percentile of history
Sector: Consumer Cyclical · Industry: Air Courier Services
AnalystsBuy35 analystsP/E 15.5× sits at the 53rd percentile of its 5.086926762491444-year history.
Cash covers 32% of debt · Q3 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality94
- Financial Health60
Risks
- Growth29
- Profitability43
Mixed picture — no clear quality or value edge.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓ROE 15.0% — efficient capital deployment
What's happening with FDX
Profile
Strong earnings quality; moat, growth and profitability lag behind.
How is each axis scored?
- Valuation69/100 · Moderate
- P/E vs own history (53th pct)12/25
- FCF yield (6.3%)20/25
- P/S (0.8x)25/25
- EV/EBIT (15.2x)12/25
- Growth29/100 · Weak
- Revenue CAGR (0.3%)6/25
- Net income CAGR (3.8%)6/25
- EPS CAGR 5Y (6.7%)12/25
- Fwd implied growth (3.5%)5/25
- Profitability43/100 · Weak
- ROIC (9.6%)12/25
- ROE (15.0%)20/25
- Net margin (4.9%)6/25
- Operating margin (6.2%)5/25
- Financial Health60/100 · Moderate
- Altman Z (2.26)18/25
- Current ratio (1.47)12/25
- Interest coverage (7.5x)18/25
- Net cash / debt (D/A 18%)12/25
- Quality94/100 · Strong
- Piotroski F (7/9)22/25
- Beneish M (-6.79)25/25
- FCF conversion (97%)22/25
- Margin stability (σ 1.3%)25/25
- Moat28/100 · Weak
- ROIC >12% years (3/9 yrs)6/25
- Median gross margin (6.5%)0/25
- FCF-positive years (7/10 yrs)10/25
- Worst-year net margin (worst 0.8%)12/25
About FedEx Corporation
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Show more
Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment-which houses the core package delivery operations-makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
Headquarters: MEMPHIS, TN · Employees: 452,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
69BP/E (TTM)15.5xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 10.3x–23.2x · 53rd pct
P/FCF13.4xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield6.3%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 3.0%–7.7% · 84th pct
P/S (TTM)0.76xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.4x–1.1x · 67th pct
EV/EBIT15.2xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 8.4x–20.2x · 66th pct
EV/Sales0.9xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E15.0xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.33xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.25C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.00%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio31.0%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
43D+ROIC9.6%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE15.0%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA4.8%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin4.9%D
Grade D: LowNet Income / Revenue
Operating Margin6.2%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin6.2%D
Grade D: LowGross Profit / Revenue
FCF Margin4.8%D
Grade D: LowFCF / Revenue
True FCF Margin4.6%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
29ERevenue CAGR0.3%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR3.8%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)6.7%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth3.5%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-12.0%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income3.9%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.2%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
60BAltman Z-Score2.26C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.47xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.37xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage7.5xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment3.9yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT3.0xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.85xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.32xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
94A+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-6.79A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion97.5%A
Grade A: StrongFCF / Net Income
Margin Stability1.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue4.1%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.02xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Ramo Joshua Cooper Filed | Ramo Joshua Cooper | Option exercise | -5042 | |
Ramo Joshua Cooper Filed | Ramo Joshua Cooper | Tax withholding | -2436 | |
Ramo Joshua Cooper Filed | Ramo Joshua Cooper | Option exercise | +5.0K | |
Ellison Marvin R Filed | Ellison Marvin R | Option exercise | -5042 | |
Ellison Marvin R Filed | Ellison Marvin R | Tax withholding | -2097 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Ellison Marvin R Filed | Ellison Marvin R | Option exercise | +5.0K | |
Talwar Vishal Filed | Talwar Vishal | Grant / award | +1.5K | |
Smith Richard W Filed | Smith Richard W | SellJ | -253927 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
28EROIC >12% Years3/9 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)6.5%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years7/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor0.8%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$18.95
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$55.46
Cash & short-term investments per share (Finnhub)
Book Value / Share$131.86
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$25.25B
Total debt obligations (short + long term)
Cash & Equiv.$8.01B
Cash and short-term investments
Net Debt$17.25B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$29.80B
Shareholders' equity (book value)
Asset / Liability1.46xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$69.54B
Current Market Capitalization
Beta1.31C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of May 2026 · Ratio snapshot Oct 17, 2026
Key Insights: FedEx Corporation (FDX)
FDX is down 0.67% at the last close. FedEx Corporation meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 2.26 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out.
- Beneish M-Score of -6.79 suggests a low likelihood of earnings manipulation.
- Takes ~3.9 years to repay net debt from free cash flow.
- The stock currently yields 2.0% in dividends.
See how FDX ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Sep 16, 2026 | TBD | $4.05 | — | — | $22.6B | — |
Recent Market Moves
See all FDX moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 25 | After-hours | 286.00 | +2.31% | 2.07 |
| Sep 24 | Regular | 280.29 | -3.85% | -2.38 |
| Sep 24 | After-hours | 279.70 | -4.05% | -2.54 |
Frequently Asked Questions about FDX
What is the current FedEx Corporation (FDX) stock price?
FDX is trading at $293.55 at the last market close, down 0.67% on the session. PreMarketPrice tracks FDX pre-market, intraday and after-hours prices.
Is FDX stock a buy right now?
PreMarketPrice's quantitative model rates FedEx Corporation's financial health at 60/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is FDX stock overvalued?
FedEx Corporation trades at a trailing P/E of 15.5 and our valuation score rates it 69/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does FedEx Corporation report earnings?
No confirmed earnings date is currently scheduled for FDX. The Earnings section lists recent reports and updates as dates are announced.
What sector does FedEx Corporation operate in?
FedEx Corporation operates in the Consumer Cyclical sector, within the Air Courier Services industry. The Related Stocks section lists sector peers for comparison.
What does FedEx Corporation do?
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider.
About FedEx Corporation (FDX) Stock
FedEx Corporation (FDX) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Air Courier Services industry. As of the latest update, FedEx Corporation is trading at $293.55, down 0.67% on the day with a market capitalization of $69.5 billion. The financial health score for FDX is 60/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for FDX stock.
FDX Stock Analysis & Key Metrics
On PreMarketPrice, you can track FedEx Corporation (FDX) across multiple dimensions:
- Pre-market price & movement: Real-time FDX stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for FDX, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for FDX with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for FedEx Corporation across multiple reporting periods.
- Financial health score: A composite score of 60/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for FDX.
- Sector peers: Compare FDX against 5 other consumer cyclical stocks on key financial metrics.
Is FDX a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate FedEx Corporation (FDX) as an investment. The financial health score of 60/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.FedEx Corporation (FDX) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.