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FDX Fedex PE ratio, current and historical analysis

As of Jun 21, 2024, the Fedex stock's PE ratio is 14.49. This results from the current EPS of $17.5 and stock price of $253.66. The P/E ratio has a decrease of 2.1% from the past four quarters average of 14.8.

FDX PE ratio history

How has FDX's PE ratio performed in the past

The PE ratio of Fedex has averaged 35.73 over the last ten years. The current PE ratio of 14.49 is 59% 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.

Average
35.73
Median
17.75
Minimum
11.45
Maximum
457.29

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
14.48
5-year avg
46.35
10-year avg
35.73
15-year avg
29.81

FDX PE vs peers

What is FDX's PE ratio compared to its peers

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 24.51.

Stock name PE ratio Market cap
FDX Fedex Corp 14.49 $62.42B
ATSG Air Transport Services Group Inc 17.62 $845.2M
UPS United Parcel Service Inc 19.77 $116.87B
EXPD Expeditors International Of Washington Inc 26.61 $17.86B
CHRW C H Robinson Worldwide Inc 34.04 $10.16B
AIRT Air T Inc N/A $65.4M

Frequently asked questions

What is Fedex's PE ratio?

As of Jun 21, 2024, FDX stock has a price to earnings ratio of 14.49.

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 14.48.

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 46.35.

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 59% 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 (Jun 21, 2024), Fedex's stock price is $253.66. 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 14.49. PE RATIO(14.49) = STOCK PRICE($253.66) / TTM EPS($17.5)

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