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 EPS has surged by 139% year-on-year
The company's net income has surged by 138% YoY
Fedex's equity has increased by 3% YoY but it has decreased by 2.8% QoQ
FDX's debt has surged by 99% year-on-year and by 8% since the previous quarter
The gross profit has contracted by 2.2% YoY
Key stats
What are the main financial stats of FDX
Market
Shares outstanding
261.95M
Market cap
$45.12B
Enterprise value
$76.36B
Valuations
Price to earnings (P/E)
35.01
Price to book (P/B)
2.46
Price to sales (P/S)
0.65
EV/EBIT
32.62
EV/EBITDA
12.82
EV/Sales
1.1
Earnings
Revenue
$69.22B
EBIT
$2.34B
EBITDA
$5.96B
Free cash flow
-$771M
Per share
EPS
$4.92
Free cash flow per share
-$2.95
Book value per share
$70.03
Revenue per share
$264.95
TBVPS
$257.09
Balance sheet
Total assets
$73.54B
Total liabilities
$55.24B
Debt
$36.12B
Equity
$18.3B
Working capital
$6.04B
Liquidity
Debt to equity
1.97
Current ratio
1.58
Quick ratio
1.45
Net debt/EBITDA
5.25
Margins
EBITDA margin
8.6%
Gross margin
60.7%
Net margin
1.9%
Operating margin
3.5%
Efficiency
Return on assets
1.8%
Return on equity
7%
Return on invested capital
2.8%
Return on capital employed
3.7%
Return on sales
3.4%
Dividend
Dividend yield
1.51%
DPS
$2.6
Payout ratio
52.8%
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
$69.22B
Gross profit
$41.99B
Operating income
$2.42B
Net income
$1.29B
Gross margin
60.7%
Net margin
1.9%
The company's net income has surged by 138% YoY
FDX's net margin has surged by 138% year-on-year
The company's operating income fell by 46% YoY and by 26% QoQ
Fedex's operating margin has decreased by 45% YoY and by 26% from the previous quarter
Valuation
What is Fedex stock price valuation
P/E
35.01
P/B
2.46
P/S
0.65
EV/EBIT
32.62
EV/EBITDA
12.82
EV/Sales
1.1
The EPS has surged by 139% year-on-year
FDX's P/E is 33% below its 5-year quarterly average of 52.4
FDX's P/B is 17% above its last 4 quarters average of 2.1 but 15% below its 5-year quarterly average of 2.9
Fedex's equity has increased by 3% YoY but it has decreased by 2.8% QoQ
The price to sales (P/S) is 19% lower than the 5-year quarterly average of 0.8 but 8% higher than the last 4 quarters average of 0.6
Efficiency
How efficient is Fedex business performance
The ROE has soared by 150% YoY
The return on sales has surged by 89% year-on-year
Fedex's ROA has soared by 80% YoY
Fedex's ROIC has increased by 22% YoY
Dividends
What is FDX's dividend history
DPS
$2.6
Dividend yield
1.51%
Payout ratio
52.8%
Recent dividends
Financial health
How did Fedex financials performed over time
Fedex's total assets is 33% more than its total liabilities
Fedex's total liabilities has soared by 51% YoY and by 8% from the previous quarter
The quick ratio has grown by 36% from the previous quarter and by 14% YoY
FDX's debt is 97% greater than its equity
FDX's debt has surged by 99% year-on-year and by 8% since the previous quarter
The company's debt to equity has surged by 93% YoY and by 11% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.