FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider.
It is a $69.0B consumer company. Revenue grew 7.7% over the last year, and it keeps 5¢ of every dollar of sales as profit. It trades at 15.6× earnings — around the middle of its own history.
- Website
- fedex.com
- Location
- Memphis, TN
- Employees
- 452 000
- Sector
- Consumer Cyclical
- Founded
- 1971
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth, Profitability and Moat lag behind.
Valuation82
- P/E vs own history52th pct · 12/25
- FCF yield7.4% · 20/25
- P/S0.7x · 25/25
- EV/EBITDA8.3x · 25/25
Growth17
- Revenue CAGR0.3% · 6/25
- Net income CAGR3.8% · 6/25
- EPS CAGR ~5Y-0.9% · 0/25
- Fwd implied growth3.9% · 5/25
Profitability31
- ROICn/a · 0/25
- ROE15.1% · 20/25
- Net margin4.7% · 6/25
- Operating margin5.8% · 5/25
Health55
- Altman Z2.50 · 18/25
- Current ratio1.48 · 12/25
- Interest coverage11.9x · 25/25
- Net cash / debtn/a · 0/25
Quality94
- Piotroski F7/9 · 22/25
- Beneish M-2.76 · 25/25
- FCF conversion97% · 22/25
- Margin stabilityσ 1.3% · 25/25
Moat28
- ROIC >12% years3/10 yrs · 6/25
- Median gross margin6.5% · 0/25
- FCF-positive years8/11 yrs · 10/25
- Worst-year net marginworst 0.8% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2026MilestoneFedEx completed the spin-off, making FedEx Freight focused on the North American less-than-truckload…
- FY2021FinancialPositive free cash flow every year since6-year streak
- FY2021FinancialBest year on record$5.23B net income
- 2020AcquisitionFedEx acquired ShopRunner, an e-commerce platform
- 2018AcquisitionFedEx announced the acquisition of P2P Mailing Limited, a last-mile delivery service, for £92 million…
- FY2016FinancialProfitable every year on record11 consecutive profitable years in our data
- FY2016FinancialRevenue already above $50B$50.4B in first reported year
- 2015AcquisitionFedEx acquired its rival firm TNT Express for €4.4 billion ($4.8 billion
- 2004AcquisitionFedEx acquired Parcel Direct, a parcel consolidator
- 2000MilestoneFDX Corporation changed its name to FedEx Corporation and re-branded all of its subsidiaries
- 2000AcquisitionFedEx acquired Tower Group International, an international logistics company
- 1988AcquisitionIt acquired one of its major competitors, Flying Tiger Line, creating the largest full-service cargo…
- 1971FoundedThe company was founded in Little Rock, Arkansas, as Federal Express Corporation by Frederick W
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (62.1%)
- Interest covered 11.9× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Net debt would take ~6.7 years of free cash flow to repay
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+7.7% YoY
- Profitable — makes more than it spends$4.43B TTM
- Profit growing — earnings are higher than last year+6.1% YoY
- Generates cash — cash left after running and investing$5.12B TTM
- Debt under control — could handle its obligationscurrent ratio 1.48
- Established company — not a micro-cap — lower blow-up risk$69.0B market cap
- Not printing shares — share count not ballooning — you keep your slice-11.1% shares over ~5y
- Proven track record — years of profitability behind it11/11 profitable years
- Financially stable — balance sheet not near distressAltman Z 2.5 — grey
- Pays a dividend — returns cash to shareholdersyield 1.99%
- Valuation not extreme — price not wildly above earningsP/E 15.6
Peer comparisonFedEx Corporation vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| FDX this company | $69.0B | 15.6 | +7.7% | 4.7% | Solid |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: FDX vs AMZN · FDX vs TSLA · FDX vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/FDX
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of FDX on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $291.75 · market cap $69.0B.