FedEx FDX
- Market cap
- $70.7B
- PE
- 16.1×
- 10y median 13.4×
- Forward PE
- 14.7×
- 10y median 10.8×
- Price to sales
- 0.7×
- EV/EBIT
- 15.2×
- Revenue, 12 months
- $94.7B
- +8% on a year ago
- Net margin
- 4.7%
- Free cash flow yield
- 7.2%
FedEx trades at 16.1× trailing earnings, pricier than 65% of the last ten years. Revenue was $94.7B over the last twelve months, up 8% on a year earlier with a 5% net margin.
Charts
Financials
| Income statement | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $21.7B−7% | $22.2B−3% | $21.7B−2% | $22.1B+1% | $21.6B−1% | $22B−1% | $22.2B+2% | $22.2B+1% | $22.2B+3% | $23.5B+7% | $24B+8% | $25B+13% | |
| Cost of revenue | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Gross profit | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| $1.5B+25% | $1.3B+9% | $1.2B+19% | $1.6B+4% | $1.1B−27% | $1.1B−18% | $1.3B+4% | $1.8B+15% | $1.2B+10% | $1.4B+31% | $1.3B+4% | $1.6B−14% | |
| Pre-tax income | $1.4B+23% | $1.2B+14% | $1.2B+16% | $2B−5% | $1.1B−26% | $981M−18% | $1.2B−0% | $2.2B+10% | $1.1B+7% | $1.3B+31% | $1.3B+7% | $2.1B−5% |
| $345M+24% | $302M+11% | $304M+21% | $554M−6% | $262M−24% | $240M−21% | $272M−11% | $575M+4% | $310M+18% | $333M+39% | $207M−24% | $510M−11% | |
| Net income | $1.1B+23% | $900M+14% | $879M+14% | $1.5B−4% | $794M−26% | $741M−18% | $909M+3% | $1.6B+12% | $824M+4% | $956M+29% | $1.1B+16% | $1.6B−3% |
| $4.23+27% | $3.55+16% | $3.51+15% | $5.94−2% | $3.21−24% | $3.03−15% | $3.76+7% | $6.86+16% | $3.46+8% | $4.04+33% | $4.41+17% | $6.59−4% | |
| 254M−3% | 253M−1% | 250M−1% | 248M−2% | 247M−3% | 244M−4% | 242M−3% | 240M−3% | 238M−4% | 236M−3% | 239M−1% | 242M+1% |
Gross profit: 9 periods, Q1 FY18 to Q1 FY20: not printed by the filing, worked out from its own lines.
EPS, diluted: Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 7 periods, Q4 FY10 to Q4 FY26: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY09 and Q2 FY09: not printed by the filing, worked out from its own lines. 13 periods, Q4 FY10 to Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days. 4 periods, Q4 FY15 to Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q1 FY27 | $22.7B | $20.9B to $23.8B | $3.33 | $3.29 to $3.40 | 8 |
| Q2 FY27 | $25.4B | $24B to $26.2B | $6.49 | $4.20 to $7.43 | 9 |
| Q3 FY27 | $22.4B | $21.2B to $23.1B | $4.18 | $3.89 to $4.36 | 3 |
| Q4 FY27 | $23.7B | $22.4B to $24.4B | $5.05 | $4.69 to $5.27 | 3 |
| Q1 FY28 | $23.8B | $22.5B to $24.6B | $4.56 | $4.24 to $4.75 | 3 |
| Q2 FY28 | $26.2B | $24.7B to $27B | $7.40 | $6.88 to $7.72 | 5 |
| Q3 FY28 | $23B | $21.8B to $23.8B | $5.04 | $4.68 to $5.25 | 6 |
| Q4 FY28 | $24.4B | $23B to $25.2B | $5.61 | $5.21 to $5.85 | 4 |
Peers
Companies in Integrated Freight & Logistics nearest FedEx's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| FDXFedEx | $70.7B | 16.1× | 13.4× | 14.7× | 0.7× | +8% | 4.7% |
| UPSUnited Parcel Service | $86B | 18.7× | 19.4× | 13.0× | 1.0× | −0% | 5.1% |
| EXPDExpeditors International of Washington | $25.5B | 28.6× | 22.6× | 24.7× | 2.1× | +7% | 7.6% |
| JBHTJ.B. Hunt Transport Services | $21.2B | 32.0× | 26.0× | 27.6× | 1.7× | +5% | 5.3% |
| CHRWC.H. Robinson Worldwide | $16.5B | 26.9× | 22.1× | n/m | 1.0× | −0% | 3.7% |
| Peer median | $23.4B | 27.8× | 22.3× | 24.7× | 1.3× | +3% | 5.2% |
Investors who own it
Investors we follow who held FedEx at the end of Jun 30, 2026, from their 13F filings.
- Andreas HalvorsenViking Global Investors1.9% of portfolioadded
More on FedEx
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Integrated Freight & Logistics
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .