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FDX Fedex PE ratio, current and historical analysis

As of Nov 29, 2023, the Fedex stock's PE ratio is 15.38. This results from the current EPS of $16.51 and stock price of $253.93. The current PE ratio is nearly equal to the average from the previous four quarters.

FDX PE ratio history

How has FDX's PE ratio performed in the past

The PE ratio of Fedex has averaged 35.85 over the last ten years. The current PE ratio of 15.38 is 57% 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.


Fedex PE ratio by year

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%

FDX average PE ratio chart

What is the average PE ratio of FDX for the past years

Currently, FDX's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
5-year avg
10-year avg
15-year avg

FDX PE vs peers

What is FDX's PE ratio compared to its peers

Compared to its peers EXPD and CHRW, FDX's PE ratio stands lower, however it is higher than UPS's and ATSG's. Fedex's PE ratio is trading below the peer group average of 17.84.

Stock name PE ratio Market cap
ATSG Air Transport Services Group Inc 9.46 $1.03B
UPS United Parcel Service Inc 15.35 $129.74B
FDX Fedex Corp 15.38 $63.84B
EXPD Expeditors International Of Washington Inc 22.26 $17.38B
CHRW C H Robinson Worldwide Inc 24.28 $9.52B
AIRT Air T Inc N/A $49.08M

Frequently asked questions

What is Fedex's PE ratio?

As of Nov 29, 2023, FDX stock has a price to earnings ratio of 15.38.

What is the 3-year average PE ratio for Fedex (FDX)?

Over the last 3 years, the average price to earnings ratio for FDX stock is 15.27.

What is the 5-year average PE ratio for Fedex (FDX)?

Over the last 5 years, the average price to earnings ratio for FDX stock is 49.61.

What is the highest PE ratio for FDX?

Over the last ten years, the quarterly PE ratio reached a historic high of 457.29 in the Nov 2019 quarter.

How does the current PE ratio for FDX compare to its historical average?

FDX's price to earnings ratio is currently 57% below its 10-year historical average.

How is FDX's PE ratio calculated (Fedex PE ratio formula)?

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 (Nov 29, 2023), Fedex's stock price is $253.93. The earnings per share for the trailing twelve months (TTM) ending Aug 2023 is $16.51. Therefore, Fedex's P/E ratio for today is 15.38. PE RATIO(15.38) = STOCK PRICE($253.93) / TTM EPS($16.51)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.