FDX
FedEx
$317.30
▲ 0.5%Updated Aug 7, 11:30 AM ET
FDX at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 56/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 81.3% over the last 12 months
Market Cap
$74.68B
P/E
16.91x
Forward P/E (est.)
14.35x
ROE
15.8%
Revenue Growth
4.7%
EPS Growth
17.9%
Profit Margin
4.9%
FCF Yield
9.8%
Debt / Equity
0.73x
ROIC
8.0%
Interest Coverage
7x
Current Ratio
1.47x
Dividend Yield
1.4%
Implied Growth (rev. DCF)
4.8%
Rating Score
56/100
FedEx (FDX) is a large-cap company in the Air Freight & Logistics industry, part of the Industrials sector of the S&P 500, with a market value around $74.68B.
In its latest reported year it generated about $87.93B in revenue and $4.09B in net profit.
Our model rates FDX Neutral (56/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (9 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
5.9% average over the last 3 years
±1.1 pts around 6.2% across 9 years
grew in 5 of the last 8 year-over-year periods
positive in 6 of 9 years
8.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FDX's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FDX trades near $317.30, around its 50-day average ($318.04) and 200-day average ($263.91). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 33 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. FDX's is $10.28 (~3.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month FDX found buyers near $306.05 (support) and sellers near $345.37 (resistance); its 52-week range is $174.13–$345.37. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.5× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
1.2%
Revenue moved from $60.32B in 2017 to $87.93B in 2025, a 4.8% compound annual growth rate. The most recent year was roughly flat (4.7%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
52.7%
Operating Margin
5.9%
Net Margin
4.7%
ROE
15.8%
FedEx keeps about 4.9% of each sales dollar as net profit, with a 52.7% gross margin and 5.9% operating margin. Return on equity is 15.8% and return on invested capital about 8.0%. Thin margins leave less cushion if costs rise.
Total Debt
$19.90B
Net Debt
$11.89B
Net Debt / EBITDA
2.28x
Debt / Equity
0.73x
Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 7.0x, with a current ratio of 1.5x. That is a moderate, manageable debt load for most businesses. It carries roughly $19.90B of total debt against $8.01B of cash.
Operating CF
$7.04B
Free Cash Flow
$2.98B
FCF Margin
3.4%
In the latest year FedEx produced about $7.04B of operating cash flow and $2.98B of free cash flow after capital spending. That is a free-cash-flow yield of about 9.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Dividend yield
1.4%
Per share (latest FY)
$5.52
Total paid (latest FY)
$1.34B
History on record
9 years
dividend uses 45% of free cash flow
33% of net income paid out
total dividends increased 5 years in a row
no cuts in the last 9 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
16.91x
P/S
0.91x
P/B
1.76x
EV / EBITDA
—
FDX trades at 16.9x trailing earnings (about 14.4x on estimated forward earnings), 0.9x sales, and 1.8x book value. Reverse-engineering today's price implies the market expects roughly 4.8% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$223.03
Current price
$317.30
Starting FCF (latest 10-K)
$2.98B
Growth, years 1–5
4.7%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where FDX sits versus its Industrials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How FDX stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (273 S&P 500 companies), FDX ranks #47 of 273 by our overall rating. It trades at a discount versus the sector on earnings (16.9x P/E vs. 32x median) with a lower return on equity (15.8% vs. 18.1%) and slower revenue growth (4.7% vs. 6.0%).
P/E vs sector
16.9x
median 32x
ROE vs sector
15.8%
median 18.1%
Growth vs sector
4.7%
median 6.0%
Sector rank
#47
of 273 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $317.30 today · expected CAGR -6% – 5%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $92.32B | $96.94B | $101.79B | $106.87B | $112.22B |
| Net income | $4.62B | $4.85B | $5.09B | $5.34B | $5.61B |
| EPS | $19.61 | $20.59 | $21.62 | $22.70 | $23.84 |
| Share price (low) | $196.12 | $205.92 | $216.22 | $227.03 | $238.38 |
| Share price (high) | $333.40 | $350.07 | $367.58 | $385.95 | $405.25 |
| CAGR (low–high) | -38% / 5% | -19% / 5% | -12% / 5% | -8% / 5% | -6% / 5% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for FDX:
- Strong return on equity (15.8%) shows capital is put to work well.
- Healthy free-cash-flow yield (~9.8%) funds buybacks and dividends.
The case against FDX:
- Thin net margins (4.9%) leave little room for error.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Margin risk — thin profitability (4.9%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: FedEx is a large-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 16.9x earnings, which our model scores Neutral (56/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 35 Wall Street analysts covering FDX recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+8 pts of buy ratings).
Latest SEC Filings
FDX's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
FDX — frequently asked questions
Is FDX a good stock to buy?
We don't give buy or sell advice. Our model rates FedEx Neutral (56/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is FDX's rating on The Stocks School?
FedEx currently scores 56/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does FDX's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from FedEx's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for FDX calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this FDX analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell FDX. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.