fedex corp. - FDX

FDX

Close Chg Chg %
293.11 -5.00 -1.71%

Closed Market

288.11

-5.00 (1.71%)

Volume: 1.39M

Last Updated:

Nov 20, 2024, 3:59 PM EDT

Company Overview: fedex corp. - FDX

FDX Key Data

Open

$293.93

Day Range

285.25 - 294.04

52 Week Range

234.47 - 313.83

Market Cap

$71.60B

Shares Outstanding

244.32M

Public Float

223.59M

Beta

1.18

Rev. Per Employee

N/A

P/E Ratio

18.08

EPS

$16.38

Yield

180.17%

Dividend

$1.38

EX-DIVIDEND DATE

Dec 9, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.37M

 

FDX Performance

1 Week
 
-2.18%
 
1 Month
 
4.97%
 
3 Months
 
-3.08%
 
1 Year
 
11.81%
 
5 Years
 
83.99%
 

FDX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 32
Full Ratings ➔

About fedex corp. - FDX

FedEx Corp. is a holding company, which engages in the provision of transportation, e-commerce, business services, and business solutions. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other and Eliminations. The FedEx Express segment offers transportation and delivery services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment refers to freight transportation services to business and residences. The FedEx Services segment includes sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the company's operating segments. The Corporate, Other, and Eliminations segment is involved in the corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971, and is headquartered in Memphis, TN.

FDX At a Glance

FedEx Corp.
942 South Shady Grove Road
Memphis, Tennessee 38120
Phone 1-901-818-7500 Revenue 87.69B
Industry Air Freight/Couriers Net Income 4.33B
Sector Transportation Employees 430,000
Fiscal Year-end 05 / 2025
View SEC Filings

FDX Valuation

P/E Current 18.082
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.739
Price to Sales Ratio 0.727
Price to Book Ratio 2.249
Price to Cash Flow Ratio 7.669
Enterprise Value to EBITDA 8.923
Enterprise Value to Sales 1.083
Total Debt to Enterprise Value 0.397

FDX Efficiency

Revenue/Employee 203,937.209
Income Per Employee 10,058.14
Receivables Turnover 8.312
Total Asset Turnover 1.007

FDX Liquidity

Current Ratio 1.363
Quick Ratio 1.317
Cash Ratio 0.487

FDX Profitability

Gross Margin 21.612
Operating Margin 7.247
Pretax Margin 6.655
Net Margin 4.932
Return on Assets 4.967
Return on Equity 16.117
Return on Total Capital 6.623
Return on Invested Capital 6.938

FDX Capital Structure

Total Debt to Total Equity 136.752
Total Debt to Total Capital 57.762
Total Debt to Total Assets 43.352
Long-Term Debt to Equity 127.576
Long-Term Debt to Total Capital 53.886
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Fedex Corp. - FDX

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
83.79B 93.51B 90.16B 87.69B
Sales Growth
+21.06% +11.60% -3.59% -2.73%
Cost of Goods Sold (COGS) incl D&A
66.00B 73.34B 70.99B 68.74B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
3.79B 3.97B 4.18B 4.29B
Depreciation
3.74B 3.92B 4.12B 4.24B
Amortization of Intangibles
49.00M 52.00M 52.00M 47.00M
COGS Growth
+18.13% +11.12% -3.21% -3.17%
Gross Income
17.79B 20.17B 19.17B 18.95B
Gross Income Growth
+33.31% +13.37% -4.96% -1.12%
Gross Profit Margin
+21.23% +21.57% +21.26% +21.61%
2021 2022 2023 2024 5-year trend
SG&A Expense
11.77B 13.64B 13.83B 12.60B
Research & Development
- - - -
-
Other SG&A
11.77B 13.64B 13.83B 12.60B
SGA Growth
+12.19% +15.91% +1.35% -8.90%
Other Operating Expense
- - - -
-
Unusual Expense
554.00M 278.00M 426.00M 796.00M
EBIT after Unusual Expense
5.46B 6.25B 4.91B 5.56B
Non Operating Income/Expense
2.00B (660.00M) 1.15B 1.02B
Non-Operating Interest Income
52.00M 53.00M 198.00M 370.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
793.00M 689.00M 694.00M 745.00M
Interest Expense Growth
+18.01% -13.11% +0.73% +7.35%
Gross Interest Expense
861.00M 751.00M 771.00M 826.00M
Interest Capitalized
68.00M 62.00M 77.00M 81.00M
Pretax Income
6.67B 4.90B 5.36B 5.84B
Pretax Income Growth
+299.88% -26.64% +9.54% +8.82%
Pretax Margin
+7.96% +5.24% +5.95% +6.66%
Income Tax
1.44B 1.07B 1.39B 1.50B
Income Tax - Current - Domestic
357.00M 431.00M 736.00M 1.40B
Income Tax - Current - Foreign
284.00M 317.00M 209.00M 265.00M
Income Tax - Deferred - Domestic
737.00M 288.00M 406.00M (22.00M)
Income Tax - Deferred - Foreign
65.00M 34.00M 40.00M (140.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(11.00M) (7.00M) (6.00M) (6.00M)
Consolidated Net Income
5.22B 3.82B 3.97B 4.33B
Minority Interest Expense
- - - -
-
Net Income
5.22B 3.82B 3.97B 4.33B
Net Income Growth
+306.54% -26.84% +3.85% +9.05%
Net Margin Growth
+6.23% +4.08% +4.40% +4.93%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
5.22B 3.82B 3.97B 4.33B
Preferred Dividends
- - - -
-
Net Income Available to Common
5.22B 3.82B 3.97B 4.33B
EPS (Basic)
19.7727 14.5209 15.6142 17.4395
EPS (Basic) Growth
+301.92% -26.56% +7.53% +11.69%
Basic Shares Outstanding
264.00M 263.00M 254.00M 248.00M
EPS (Diluted)
19.4813 14.3571 15.4922 17.2311
EPS (Diluted) Growth
+297.51% -26.30% +7.91% +11.22%
Diluted Shares Outstanding
268.00M 266.00M 256.00M 251.00M
EBITDA
9.81B 10.49B 9.51B 10.64B
EBITDA Growth
+51.71% +6.95% -9.33% +11.86%
EBITDA Margin
+11.71% +11.22% +10.55% +12.14%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 314.00
Number of Ratings 32 Current Quarters Estimate 4.094
FY Report Date 11 / 2024 Current Year's Estimate 19.746
Last Quarter’s Earnings 3.60 Median PE on CY Estimate N/A
Year Ago Earnings 17.80 Next Fiscal Year Estimate 23.067
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 23 23 26 27
Mean Estimate 4.09 4.92 19.75 23.07
High Estimates 5.06 5.89 21.04 24.77
Low Estimate 3.65 4.15 18.20 20.15
Coefficient of Variance 7.75 7.45 3.04 4.32

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 15 15 15
OVERWEIGHT 6 6 5
HOLD 10 10 10
UNDERWEIGHT 0 0 0
SELL 1 1 0
MEAN Overweight Overweight Overweight

Insider Actions for Fedex Corp. - FDX

Date Name Shares Transaction Value
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW 12,246 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $309.79 per share 3,793,688.34
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW 16,812 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $161.85 per share 2,721,022.20
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW 15,040 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 19, 2024 Brie A. Carere EVP/Chief Customer Officer 19,937 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $310.43 per share 6,189,042.91
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW 15,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW 20,667 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $130.96 per share 2,706,550.32
Jul 19, 2024 Sriram Krishnasamy EVP CDI Off & CTO/CEO FDW 15,040 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $310.32 per share 4,667,212.80
Jul 12, 2024 Marvin R. Ellison Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 12, 2024 Marvin R. Ellison Director 6,955 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $299.34 per share 2,081,909.70
Jul 12, 2024 Marvin R. Ellison Director 9,490 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $160.52 per share 1,523,334.80
Jul 8, 2024 Guy M. Erwin CVP Chief Accounting Officer 930 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $299.24 per share 278,293.20
Jul 3, 2024 David P. Steiner Director 36,552 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $160.52 per share 5,867,327.04
Jul 3, 2024 David P. Steiner Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 David P. Steiner Director 35,183 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $297.71 per share 10,474,330.93
Apr 10, 2024 Frederick Wallace Smith Executive Chairman; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 10, 2024 Frederick Wallace Smith Executive Chairman; Director 14,505,844 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $274.83 per share 3,986,641,106.52
Apr 10, 2024 Frederick Wallace Smith Executive Chairman; Director 14,509,444 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $274.28 per share 3,979,650,300.32
Apr 10, 2024 Frederick Wallace Smith Executive Chairman; Director 14,619,244 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $143.54 per share 2,098,446,283.76

Fedex Corp. in the News