FedEx Corporation (FDX) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Fede...
FedEx Corporation (FDX) currently trades at a P/E ratio of 15.49 (historical range: 10.30–23.15, median: 15.20), placing it at the 53th percentile — near its historical average, P/S ratio of 0.76 (range: 0.40–1.07, 67th percentile — above its historical average), EV/EBITDA of 15.20 (range: 8.41–20.21, 66th percentile).
FedEx Corporation trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 15.49 | 15.20 | 53th | near its historical average |
| P/S Ratio | 0.76 | 0.72 | 67th | above its historical average |
| EV/EBITDA | 15.20 | 14.33 | 66th | above its historical average |
| FCF Yield | 6.29% | 5.26% | 84th | cheap relative to its history |
FedEx Corporation (FDX) Valuation & P/E History
FedEx Corporation (FDX) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Air Courier Services industry currently trading at $293.83 with a market capitalization of $69.5 billion. This page provides historical valuation analysis for FDX based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 15.49 is above the historical median of 15.20, placing FDX at the 53th percentile of its valuation range. The P/S ratio of 0.76 compares to a median of 0.72.
FDX Valuation Metrics & Historical Range
The valuation table above shows FedEx Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether FDX is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests FDX is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for FedEx Corporation.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FDX Overvalued or Undervalued?
FedEx Corporation trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 62 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FDX is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full FDX analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FDX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.