FedEx Corp. is a holding company, which engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other, and Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other, and Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the company's core business. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.
Highlights
The company's net income rose by 39% QoQ
The EPS has increased by 39% since the previous quarter
FDX's debt is up by 16% year-on-year and by 5% since the previous quarter
Key stats
What are the main financial stats of FDX
Market
Shares outstanding
262.59M
Market cap
$70.38B
Enterprise value
$101.46B
Valuations
Price to earnings (P/E)
39.3
Price to book (P/B)
3.61
Price to sales (P/S)
0.98
EV/EBIT
33.84
EV/EBITDA
15.23
EV/Sales
1.42
Earnings
Revenue
$71.49B
EBIT
$3B
EBITDA
$6.66B
Free cash flow
$1.31B
Per share
EPS
$6.82
Free cash flow per share
$5
Book value per share
$74.3
Revenue per share
$272.91
TBVPS
$271.1
Balance sheet
Total assets
$77.65B
Total liabilities
$58.19B
Debt
$38.03B
Equity
$19.46B
Working capital
$7.71B
Liquidity
Debt to equity
1.95
Current ratio
1.69
Quick ratio
1.56
Net debt/EBITDA
4.67
Margins
EBITDA margin
9.3%
Gross margin
60.9%
Net margin
2.5%
Operating margin
4.2%
Efficiency
Return on assets
2.5%
Return on equity
9.5%
Return on invested capital
3.5%
Return on capital employed
4.5%
Return on sales
4.2%
Dividend
Dividend yield
0.97%
DPS
$2.6
Payout ratio
38.1%
FDX stock price
How has the Fedex stock price performed over time
Financial performance
How have Fedex's revenue and profit performed over time
Revenue
$71.49B
Gross profit
$43.57B
Operating income
$3.03B
Net income
$1.79B
Gross margin
60.9%
Net margin
2.5%
The company's net income rose by 39% QoQ
Fedex's operating margin has decreased by 33% YoY but it has increased by 20% from the previous quarter
FDX's net margin is up by 32% since the previous quarter
The company's operating income fell by 31% YoY but it rose by 25% QoQ
Growth
What is Fedex's growth rate over time
Valuation
What is Fedex stock price valuation
P/E
39.3
P/B
3.61
P/S
0.98
EV/EBIT
33.84
EV/EBITDA
15.23
EV/Sales
1.42
The EPS has increased by 39% since the previous quarter
FDX's P/E is 24% below its 5-year quarterly average of 52.0
FDX's P/B is 57% above its last 4 quarters average of 2.3 and 24% above its 5-year quarterly average of 2.9
Fedex's equity has increased by 7% YoY and by 6% QoQ
The price to sales (P/S) is 63% higher than the last 4 quarters average of 0.6 and 23% higher than the 5-year quarterly average of 0.8
The revenue is up by 3.3% since the previous quarter and by 2.6% year-on-year
Efficiency
How efficient is Fedex business performance
The return on sales has surged by 163% year-on-year and by 24% since the previous quarter
Fedex's ROIC has soared by 84% YoY and by 25% from the previous quarter
Fedex's ROA has increased by 39% from the previous quarter
The ROE has grown by 36% from the previous quarter
Dividends
What is FDX's dividend history
DPS
$2.6
Dividend yield
0.97%
Payout ratio
38.1%
Recent dividends
Financial health
How did Fedex financials performed over time
Fedex's total assets is 33% more than its total liabilities
The quick ratio has grown by 32% YoY and by 8% from the previous quarter
FDX's current ratio is up by 29% YoY and by 7% QoQ
FDX's debt is 95% greater than its equity
FDX's debt is up by 16% year-on-year and by 5% since the previous quarter
Fedex's equity has increased by 7% YoY and by 6% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.