As of May 2, 2024, the Fedex stock's PE ratio is 14.97. This results from the current EPS of $17.5 and stock price of $262.03. The current PE ratio is nearly equal to the average from the previous four quarters.
The PE ratio of Fedex has averaged 35.3 over the last ten years. The current PE ratio of 14.97 is 58% below the historical average. Over the past ten years, FDX's PE ratio was at its highest in the Nov 2019 quarter at 457.29, when the stock price was $160.05 and the EPS was $0.35. The lowest value was in the Feb 2022 quarter, when it reached 11.45 with a price of $222.27 and an EPS of $19.41.
Maximum annual increase: 413.3% in 2019
Maximum annual decrease: -64.56% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.97 | -9.58% |
| 2022 | 15.45 | -2.89% |
| 2021 | 15.91 | -40.05% |
| 2020 | 26.54 | -64.56% |
| 2019 | 74.89 | 413.3% |
| 2018 | 14.59 | -15.42% |
| 2017 | 17.25 | -31.08% |
| 2016 | 25.03 | -46.54% |
| 2015 | 46.82 | 145.52% |
| 2014 | 19.07 | 70.42% |
Currently, FDX's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peer stocks UPS and EXPD, FDX's PE ratio stands lower. Fedex's PE ratio is trading below the peer group average of 21.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FDX Fedex Corp | 14.97 | $64.48B |
| ATSG Air Transport Services Group Inc | 14.99 | $866.34M |
| UPS United Parcel Service Inc | 18.85 | $125.53B |
| EXPD Expeditors International Of Washington Inc | 22.56 | $16.39B |
| CHRW C H Robinson Worldwide Inc | 29.54 | $9.46B |
| AIRT Air T Inc | N/A | $74.88M |
As of May 2, 2024, FDX stock has a price to earnings ratio of 14.97.
Over the last 3 years, the average price to earnings ratio for FDX stock is 14.6.
Over the last 5 years, the average price to earnings ratio for FDX stock is 47.85.
Over the last ten years, the quarterly PE ratio reached a historic high of 457.29 in the Nov 2019 quarter.
FDX's price to earnings ratio is currently 58% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 2, 2024), Fedex's stock price is $262.03. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $17.5. Therefore, Fedex's P/E ratio for today is 14.97. PE RATIO(14.97) = STOCK PRICE($262.03) / TTM EPS($17.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.