FedEx price to free cash flow FDX
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 13.8×
- 10-year median
- 16.8×
- Against its 10-year history
- 20th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 10.8× to 299×
- Peer median
- 22.0×
FedEx's price to free cash flow is 13.8× as of Oct 23, 2026.
That is below its ten-year median of 16.8×, lower than on 80% of days in the last ten years.
Over that time it ranged from 10.8× in Sep 2022 to 299× in Jul 2019.
The median for 4 freight and logistics stocks of a similar size is 22.0×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 13.8× | 12.8× | 18.5× |
| 2025 | 12.9× | 11.7× | 20.2× |
| 2024 | 20.5× | 11.7× | 22.8× |
| 2023 | 12.4× | 12.2× | 24.8× |
| 2022 | 16.7× | 10.8× | 20.2× |
| 2021 | 19.8× | 12.9× | 20.4× |
| 2020 | 19.6× | 19.6× | 47.6× |
| 2019 | 297× | 23.0× | 299× |
| 2018 | n/m a value too high to mean anything | ||
| 2017 | 43.9× | 41.9× | 44.2× |
| 2016 | 42.0× | 38.2× | 68.5× |
| 2015 | 28.4× | 27.9× | 38.0× |
| 2014 | 37.4× | 23.6× | 65.3× |
| 2013 | 25.7× | 16.7× | 39.1× |
| 2012 | 32.4× | 21.2× | 39.8× |
| 2011 | 34.9× | 30.0× | 166× |
| 2010 | 50.6× | 50.6× | 274× |
Against its peers
Companies in Integrated Freight & Logistics nearest FedEx's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| FDXFedEx | 13.8× |
| UPSUnited Parcel Service | 15.8× |
| EXPDExpeditors International of Washington | 27.6× |
| JBHTJ.B. Hunt Transport Services | 19.3× |
| CHRWC.H. Robinson Worldwide | 24.7× |
| Peer median | 22.0× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on FedEx
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.