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FedEx Corporation

FDX

NYSEIndustrialsIntegrated Freight & Logistics

Previous close

$325.08

−$0.96 · -0.29%

Aug 21, 4:00 PM ET

FDX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

82

Deep Value

Momentum

49

Neutral

Sentiment

68

Bullish

Risk resilience

69

Moderate Risk

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Company profile

Company website

FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, technological, and e-commerce transportation services. FedEx Ground focuses on reliable, scheduled delivery services for both commercial clients and individual households. The FedEx Freight unit manages less-than-truckload (LTL) cargo shipments, supported by a significant infrastructure that, as of May 31, 2022, included approximately 30,000 vehicles and 400 service centers. FedEx Services provides essential internal support functions across the company, such as sales, marketing, information technology, communications, customer and technical assistance, billing, collections, and other vital administrative operations. Finally, the Corporate, Other, and Eliminations segment broadens FedEx's offerings to include integrated supply chain management, specialized transportation, customs brokerage, global ocean and air freight forwarding, document and business services, and convenient retail access points for its package delivery operations. Established in 1971, FedEx Corporation maintains its headquarters in Memphis, Tennessee.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
US
CEO
Rajesh Subramaniam
Listed since
Apr 12, 1978
Employees
530,000

Market position

Day range

Current $325.08

52-week range

Current $325.08

Open
$327.56
Previous close
$326.04
Volume
1.78M
0.92× average
Average volume
1.93M
Average daily volume
Market cap
76.91B USD
Beta
1.36
Market reference 1
50-day average
$319.71
+1.68% above average
200-day average
$285.79
+13.75% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
110.53B USD
P/E (TTM)
17.71×
P/B (TTM)
2.48×
P/S (TTM)
0.81×
EV / EBITDA
9.93×
Earnings yield
5.48%
Free cash flow yield
6.32%
Dividend yield
1.45%

Profitability & efficiency

Gross margin
22.90%
Operating margin
6.74%
Net margin
4.68%
Return on equity
14.01%
Return on assets
4.48%
Return on invested capital
5.95%

Financial health

Debt / equity
1.36×
Current ratio
1.48×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%16%9%2%Gross margin, FY2022: 21.57%Gross margin, FY2023: 21.26%Gross margin, FY2024: 21.61%Gross margin, FY2025: 21.60%Gross margin, FY2026: 21.77%Operating margin, FY2022: 6.98%Operating margin, FY2023: 5.92%Operating margin, FY2024: 7.25%Operating margin, FY2025: 6.92%Operating margin, FY2026: 6.99%Net margin, FY2022: 4.09%Net margin, FY2023: 4.41%Net margin, FY2024: 4.94%Net margin, FY2025: 4.65%Net margin, FY2026: 4.68%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 21.57%. Gross margin FY2023 21.26%. Gross margin FY2024 21.61%. Gross margin FY2025 21.60%. Gross margin FY2026 21.77%. Operating margin FY2022 6.98%. Operating margin FY2023 5.92%. Operating margin FY2024 7.25%. Operating margin FY2025 6.92%. Operating margin FY2026 6.99%. Net margin FY2022 4.09%. Net margin FY2023 4.41%. Net margin FY2024 4.94%. Net margin FY2025 4.65%. Net margin FY2026 4.68%.

Income trends

Revenue

94.72B USD+7.73%

Operating income

6.62B USD+8.90%

Net income

4.43B USD+8.33%
Income trends across reported periods103.81B USD67.45B USD31.09B USD−5.26B USDRevenue, FY2022: 93.51B USDRevenue, FY2023: 90.16B USDRevenue, FY2024: 87.69B USDRevenue, FY2025: 87.93B USDRevenue, FY2026: 94.72B USDOperating income, FY2022: 6.52B USDOperating income, FY2023: 5.34B USDOperating income, FY2024: 6.36B USDOperating income, FY2025: 6.08B USDOperating income, FY2026: 6.62B USDNet income, FY2022: 3.83B USDNet income, FY2023: 3.97B USDNet income, FY2024: 4.33B USDNet income, FY2025: 4.09B USDNet income, FY2026: 4.43B USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 93.51B USD. Revenue FY2023 90.16B USD. Revenue FY2024 87.69B USD. Revenue FY2025 87.93B USD. Revenue FY2026 94.72B USD. Operating income FY2022 6.52B USD. Operating income FY2023 5.34B USD. Operating income FY2024 6.36B USD. Operating income FY2025 6.08B USD. Operating income FY2026 6.62B USD. Net income FY2022 3.83B USD. Net income FY2023 3.97B USD. Net income FY2024 4.33B USD. Net income FY2025 4.09B USD. Net income FY2026 4.43B USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue94.72B USD87.93B USD87.69B USD90.16B USD93.51B USD
Cost of goods sold74.1B USD68.93B USD68.74B USD70.99B USD73.35B USD
Gross profit20.62B USD19B USD18.95B USD19.17B USD20.17B USD
Selling, general, and administrative12.91B USD12.6B USD13.83B USD13.64B USD
Operating expenses14B USD12.91B USD12.6B USD13.83B USD13.64B USD
Interest income363M USD370M USD198M USD53M USD
Interest expense533M USD789M USD745M USD694M USD689M USD
Depreciation and amortization4.37B USD4.26B USD4.29B USD4.18B USD3.97B USD
Operating income6.62B USD6.08B USD6.36B USD5.34B USD6.52B USD
Net income4.43B USD4.09B USD4.33B USD3.97B USD3.83B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
78%
7 beats, 2 misses, 0 met estimates
Average EPS surprise
+7.86%
9 comparable reports
Latest EPS result
6.31
Estimate 5.96 · Beat by 5.87%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.565.44.253.09Q2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26EstimateQ4 '26EstimateQ1 '27Estimate
Q2 2025, reported Jun 24, 2025: actual 6.07, estimate 5.82, surprise +4.30%, Beat. Q3 2025, reported Sep 18, 2025: actual 3.83, estimate 3.6, surprise +6.39%, Beat. Q4 2025, reported Dec 18, 2025: actual 4.82, estimate 4.07, surprise +18.43%, Beat. Q1 2026, reported Mar 19, 2026: actual 5.25, estimate 3.34, surprise +57.19%, Beat. Q2 2026, reported Jun 23, 2026: actual 6.31, estimate 5.96, surprise +5.87%, Beat. Q3 2026, reported Sep 17, 2026: actual —, estimate 4.21, surprise —, Comparison unavailable. Q4 2026, reported Oct 28, 2026: actual —, estimate 3.8, surprise —, Comparison unavailable. Q1 2027, reported Mar 25, 2027: actual —, estimate 3.41, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates26B24.22B22.43B20.65BQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26EstimateQ4 '26EstimateQ1 '27Estimate
Q2 2025, reported Jun 24, 2025: actual 22.2B USD, estimate 21.74B USD, surprise +2.11%, Beat. Q3 2025, reported Sep 18, 2025: actual 22.2B USD, estimate 21.65B USD, surprise +2.55%, Beat. Q4 2025, reported Dec 18, 2025: actual 23.5B USD, estimate 22.78B USD, surprise +3.15%, Beat. Q1 2026, reported Mar 19, 2026: actual 24B USD, estimate 23.49B USD, surprise +2.18%, Beat. Q2 2026, reported Jun 23, 2026: actual 25B USD, estimate 24.04B USD, surprise +3.99%, Beat. Q3 2026, reported Sep 17, 2026: actual —, estimate 23.21B USD, surprise —, Comparison unavailable. Q4 2026, reported Oct 28, 2026: actual —, estimate 21.79B USD, surprise —, Comparison unavailable. Q1 2027, reported Mar 25, 2027: actual —, estimate 23.21B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions

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