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FDX

S&P 500
Neutral · 56/100

FedEx

Industrials
Air Freight & Logistics

$328.78

0.8%

Updated Today 6:01 PM ET

Price — Past Year

▲ Up 81.3% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$77.83B

P/E

17.39x

Forward P/E (est.)

14.75x

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)

5.0%

Rating Score

56/100

Technical Analysis (Educational)
Research

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 $328.78, above its 50-day average ($315.63) and 200-day average ($257.74). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

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 46 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 $10.39 (~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 $306.62 (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 1.3× the 20-day average — about normal. 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.

Business Overview
Research

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 $77.83B.

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.

Revenue Growth
Research

4Y CAGR

1.2%

Revenue moved from $83.96B in 2021 to $87.93B in 2025, a 1.2% compound annual growth rate. The most recent year was roughly flat (4.7%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

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.

Debt Analysis
Research

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.

Cash Flow Analysis
Research

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.

Valuation Analysis
Research

P/E

17.39x

P/S

0.91x

P/B

1.81x

EV / EBITDA

9.7x

FDX trades at 17.4x trailing earnings (about 14.8x on estimated forward earnings), 0.9x sales, and 1.8x book value. Reverse-engineering today's price implies the market expects roughly 5.0% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
17.4xCheap
Forward P/E
14.8xCheap
P/S ratio
0.9xCheap
Revenue growth
4.7%Average
EPS growth
17.9%Strong
Gross margin
52.7%Strong
Net margin
4.9%Weak
ROE
15.8%Average

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How FDX stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (80 S&P 500 companies), FDX ranks #28 of 80 by our overall rating. It trades at a discount versus the sector on earnings (17.4x P/E vs. 30x median) with a lower return on equity (15.8% vs. 24.7%) and slower revenue growth (4.7% vs. 5.0%).

P/E vs sector

17.4x

median 30x

ROE vs sector

15.8%

median 24.7%

Growth vs sector

4.7%

median 5.0%

Sector rank

#28

of 80 by rating

CompanyP/ERev Gr.Rating
FDXThis stock17.4x4.7%Neutral· 56
UPS17x-2.9%Neutral· 45
CHRW36.4x-6.7%Neutral· 44
EXPD25.3x1.1%Neutral· 50
ITW24.2x2.9%Neutral· 51
TDG35.7x13.3%Neutral· 54
NOC16.2x5.0%Favorable· 65
MMM30x2.1%Weak· 33
Industrials median30x5.0%52/100

Valuation vs. quality map

sector medianUPSCHRWEXPDITWTDGNOCMMMFDXP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$235.15$399.76

vs. $328.78 today · expected CAGR -6%4%

Metric20262027202820292030
Revenue$92.32B$96.94B$101.79B$106.87B$112.22B
Net income$4.62B$4.85B$5.09B$5.34B$5.61B
EPS$19.35$20.31$21.33$22.40$23.52
Share price (low)$193.46$203.13$213.29$223.96$235.15
Share price (high)$328.88$345.33$362.59$380.72$399.76
CAGR (low–high)-41% / 0%-21% / 2%-13% / 3%-9% / 4%-6% / 4%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

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.
Bear Case

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.
Key Risks
Research

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.

Investment Thesis
Research

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 17.4x earnings, which our model scores Neutral (56/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

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.