Fedex is trading with a PEG ratio of 1.6, based on Jul 31, 2026 data. Dividing the 16.43 PE ratio by the 10.3% earnings growth rate yields this valuation metric. Relative to the 1.74 average from the previous four quarters, the PEG ratio has decreased by 8%.
Historically, Fedex shows a PEG ratio averaging 0.56 across the past ten years. At 1.6, today's PE to growth ratio sits 186% above its historical average. The ten years high occurred in the Aug 2025 quarter at 2.63, reflecting maximum valuation relative to growth. The minimum was hit in the Nov 2020 quarter at 0.01, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 2.14 | 22.01 | 10.3% |
| 2025 | N/A | 12.86 | -2.6% |
| 2024 | 1.26 | 14.59 | 11.6% |
| 2023 | 1.91 | 13.97 | 7.3% |
| 2022 | N/A | 15.45 | -26.5% |
| 2021 | 0.05 | 15.91 | 302.2% |
| 2020 | 0.19 | 26.54 | 138.8% |
| 2019 | N/A | 74.89 | -87.9% |
| 2018 | 0.28 | 14.59 | 52% |
| 2017 | 0.24 | 17.25 | 70.6% |
| 2016 | 0.32 | 25.03 | 78.1% |
| 2015 | N/A | 46.82 | -51.1% |
| 2014 | N/A | 19.07 | -12.2% |
| 2013 | 0.33 | 11.19 | 33.7% |
| 2012 | 0.35 | 13.84 | 39.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| May 2026 | 2.14 | 22.01 | 10.3% |
| Feb 2026 | 1.17 | 20.5 | 17.5% |
| Nov 2025 | 1.01 | 15.14 | 15% |
| Aug 2025 | 2.63 | 13.43 | 5.1% |
| May 2025 | N/A | 12.86 | -2.6% |
| Feb 2025 | N/A | 16.36 | -8.2% |
| Nov 2024 | N/A | 19.12 | -7% |
| Aug 2024 | N/A | 18.26 | -0.9% |
| May 2024 | 1.26 | 14.59 | 11.6% |
| Feb 2024 | 0.29 | 14.23 | 49.6% |
| Nov 2023 | 0.48 | 15.21 | 32% |
| Aug 2023 | 0.79 | 15.81 | 20.1% |
| May 2023 | 1.91 | 13.97 | 7.3% |
| Feb 2023 | N/A | 17.37 | -39.7% |
| Nov 2022 | N/A | 14.14 | -30.4% |
When comparing to historical values, FDX's PEG ratio is higher than its 3, 5 and 10-year averages.
Fedex's PEG of 1.6 is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.1, Fedex's PEG is 45% higher.
Compared to its peers, FDX has a PEG ratio under stock EXPD, while above CHRW's and AIRT's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| AIRT Air T Inc | 0 | $75.66M |
| CHRW C.H. Robinson Worldwide Inc | 1.45 | $17.42B |
| FDX Fedex Corp | 1.61 | $73.41B |
| EXPD Expeditors International Of Washington Inc | 9.07 | $22.13B |
| UPS United Parcel Service Inc - Class B | N/A | $90.97B |
FDX's Jul 31, 2026 PEG ratio comes in at 1.6.
FDX's 3-year PEG ratio average stands at 1.22.
FDX's 5-year PEG ratio average stands at 1.0.
In the last ten years, FDX's peak PEG ratio of 2.63 was recorded in the Aug 2025 quarter.
Compared to the 10-year average, FDX's PEG ratio is 186% higher.
PEG equals PE divided by EPS growth (YoY TTM). As of Jul 31, 2026, Fedex has a P/E ratio of 16.43. Earnings grew at 10.3% over the TTM period ending May 2026. Applying the formula, this produces a price to earnings growth ratio of 1.6. PEG RATIO(1.6) = PE RATIO(16.43) / EPS GROWTH(10.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.