FedEx Corporation provides transportation, e-commerce, and business services worldwide.
Average dividend payer and fair value.
Share Price & News
How has FedEx's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FDX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FDX underperformed the US Logistics industry which returned -19.5% over the past year.
Return vs Market: FDX underperformed the US Market which returned -14.9% over the past year.
Price Volatility Vs. Market
How volatile is FedEx's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThe Independent Director of FedEx Corporation (NYSE:FDX), John Edwardson, Just Bought 6.4% More Shares
2 weeks ago | Simply Wall StFedEx Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
3 weeks ago | Simply Wall StExamining FedEx Corporation’s (NYSE:FDX) Weak Return On Capital Employed
Is FedEx undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FDX ($116.64) is trading below our estimate of fair value ($238.63)
Significantly Below Fair Value: FDX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FDX is unprofitable, so we can't compare its PE Ratio to the Logistics industry average.
PE vs Market: FDX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FDX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FDX is good value based on its PB Ratio (1.6x) compared to the US Logistics industry average (2x).
How is FedEx forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FDX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: FDX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FDX's is expected to become profitable in the next 3 years.
Revenue vs Market: FDX's revenue (4.3% per year) is forecast to grow slower than the US market (7.1% per year).
High Growth Revenue: FDX's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FDX's Return on Equity is forecast to be low in 3 years time (14.2%).
How has FedEx performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FDX is currently unprofitable.
Growing Profit Margin: FDX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FDX is unprofitable, but has reduced losses over the past 5 years at a rate of 1.4% per year.
Accelerating Growth: Unable to compare FDX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FDX is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-5.5%).
Return on Equity
High ROE: FDX has a negative Return on Equity (-1.85%), as it is currently unprofitable.
How is FedEx's financial position?
Financial Position Analysis
Short Term Liabilities: FDX's short term assets ($12.5B) exceed its short term liabilities ($10.3B).
Long Term Liabilities: FDX's short term assets ($12.5B) do not cover its long term liabilities ($40.9B).
Debt to Equity History and Analysis
Debt Level: FDX's debt to equity ratio (100%) is considered high.
Reducing Debt: FDX's debt to equity ratio has increased from 45.2% to 100% over the past 5 years.
Inventory Level: FDX has a high level of physical assets or inventory.
Debt Coverage by Assets: FDX's debt is not covered by short term assets (assets are 0.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FDX has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: FDX has been profitable on average in the past, therefore cash runway is not a concern.
What is FedEx's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FDX's dividend (2.23%) is higher than the bottom 25% of dividend payers in the US market (2.04%).
High Dividend: FDX's dividend (2.23%) is low compared to the top 25% of dividend payers in the US market (5.7%).
Stability and Growth of Payments
Stable Dividend: FDX's dividends per share have been stable in the past 10 years.
Growing Dividend: FDX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: FDX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: FDX's dividends in 3 years are forecast to be well covered by earnings (22.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frederick Smith (75yo)
Mr. Frederick W. Smith has been Chairman of FedEx Express since 1975. Mr. Smith has been the Chief Executive Officer of FedEx Corporation since January 1998 and served as its President from January 1998 to ...
CEO Compensation Analysis
Compensation vs Market: Frederick's total compensation ($USD15.96M) is above average for companies of similar size in the US market ($USD11.87M).
Compensation vs Earnings: Frederick's compensation has been consistent with company performance over the past year.
|Executive VP & Senior Advisor||22.25yrs||US$5.34m||0.085% $24.3m|
|Executive VP of FedEx Information Services & Chief Information Officer||19.83yrs||US$5.96m||0.018% $5.2m|
|Executive VP||2.5yrs||US$4.79m||0.011% $3.1m|
|President & CEO of Fedex Ground||6.83yrs||US$4.72m||0.013% $3.6m|
|President||0.25yr||no data||0.016% $4.5m|
|Corporate VP & Principal Accounting Officer||no data||no data||0.011% $3.2m|
|Staff Vice President of Investor Relations||no data||no data||no data|
|Executive VP and Chief Marketing & Communications Officer||1.25yrs||no data||0.0025% $713.3k|
|Executive VP & Chief Sales Officer||1.08yrs||no data||0.0045% $1.3m|
Experienced Management: FDX's management team is considered experienced (4.7 years average tenure).
|President||0.25yr||no data||0.016% $4.5m|
|Independent Director||16.83yrs||US$331.37k||0.032% $9.1m|
|Independent Director||24.25yrs||US$315.37k||0.0046% $1.3m|
|Independent Director||21.25yrs||US$300.37k||0.0034% $961.6k|
|Independent Director||10.83yrs||US$300.37k||0.0020% $573.5k|
|Lead Independent Director||no data||US$321.37k||0.010% $2.9m|
|Independent Director||8.58yrs||US$300.37k||0.020% $5.7m|
|Independent Director||8.58yrs||US$300.37k||0.0020% $573.5k|
|Independent Director||6.33yrs||US$306.37k||0.00080% $228.3k|
Experienced Board: FDX's board of directors are seasoned and experienced ( 10.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FDX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FedEx Corporation's company bio, employee growth, exchange listings and data sources
- Name: FedEx Corporation
- Ticker: FDX
- Exchange: NYSE
- Founded: 1971
- Industry: Air Freight and Logistics
- Sector: Transportation
- Market Cap: US$28.534b
- Shares outstanding: 261.25m
- Website: https://www.fedex.com
Number of Employees
- FedEx Corporation
- 942 South Shady Grove Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FDX||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1992|
|FDX *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1992|
|FDX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|FDX||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jan 1992|
|FDX||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Jan 1992|
|0QZX||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1992|
|FDX||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jan 1992|
|FDX||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jan 1992|
|FDX||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH 2 REP 1 ORD USD0.10||AR||ARS||Nov 2002|
|FDXB34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM USD0.10||BR||BRL||Aug 2012|
FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company’s FedEx Express segment offers shipping services fFdx Corpor delivery of packages and freight. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages. The company’s FedEx Freight segment offers less-than-truckload and other freight delivery services. As of May 31, 2019, it operated approximately 28,000 vehicles and 373 service centers. The company’s FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and other back-office support services. It also offers FedEx Mobile, a suite of solutions to track packages, create shipping labels, view account-specific rate quotes, and access drop-off location information; FedEx Office, a suite of printing and shipping management solutions, including digital printing, professional finishing, document creation, direct mail, signs and graphics, copying, computer rental, Wi-Fi, and corporate print solutions; and packing services, supplies, and boxes, as well as FedEx Express and FedEx Ground shipping services. The company’s Corporate, Other and Eliminations segment offers international trade services in customs brokerage, and ocean and air freight forwarding services; cross-border enablement and technology solutions, and e-commerce transportation solutions; integrated supply chain management solutions; time-critical shipment services; and critical inventory and service parts logistics, 3-D printing, and technology repair. It also provides international trade advisory services, including assistance with the customs-trade partnership against terrorism program; and publishes customs duty and tax information. FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 04:20|
|End of Day Share Price||2020/04/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.