FedEx Corporation

NYSE•FDX

CEO: Mr. Frederick W. Smith

Sector: Industrials

Industry: Integrated Freight & Logistics

Listing Date: 1978-04-12

FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. In addition, the company offers supply chain management solutions; and air and ocean freight forwarding and cargo transportation, specialty transportation, customs brokerage, third party logistics and supply chain, and document and business solutions, as well as provides trade management tools and data. The company was founded in 1971 and is headquartered in Memphis, Tennessee.

Contact Information

942 South Shady Grove Road, Memphis, TN, 38120, United States

901-818-7500

www.fedex.com

Market Cap

$80.72B

P/E (TTM)

18.3

26.5

Dividend Yield

1.4%

52W High

$342.81

52W Low

$174.13

52W Range

97%

Rank33Top 25.7%

4.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$24.00B+0.00%

4-Quarter Trend

EPS

$4.35+0.00%

4-Quarter Trend

FCF

$1.04B+0.00%

4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Revenue Growth Six Percent Revenue reached $69.71B USD for nine months, reflecting 6% growth driven by yield improvements across segments.

Net Income Rises Sixteen Percent Consolidated Net Income grew to $2.84B USD, representing a strong 16% increase for the nine months ended.

Cash Position Significantly Strengthened Cash, cash equivalents, and restricted cash totaled $11.69B USD at period end, up significantly from prior year.

Express Segment Operating Income Federal Express Operating Income rose 29% to $4.26B USD, driven by higher U.S. domestic and international priority yields.

Risk Factors

Freight Segment Profit Declines FedEx Freight Operating Income dropped 55% to $458M USD due to lower volume and spin-off related costs.

Separation and Optimization Costs Incurred $460M USD in separation costs and $162M USD in optimization costs for the nine-month period.

Global Trade Policy Uncertainty Geopolitical uncertainty and evolving global trade policies continue to pressure international revenue and shipping patterns.

MD-11 Fleet Grounding Impact Operational impacts resulted from grounding the MD-11 aircraft fleet following the FAA Airworthiness Directive in November 2025.

Outlook

FedEx Freight Spin-off Timeline Planned tax-free separation of FedEx Freight into a new publicly traded company expected to be completed by June 1, 2026.

Network Cost Reduction Targets Targeting $1.0B USD incremental structural cost reduction benefits from DRIVE and Network 2.0 initiatives in calendar 2026.

Capital Spending Near 2025 Levels 2026 Capital Expenditures now expected near $4.1B USD, focusing on Network 2.0 modernization efforts.

InPost Investment Finalization Conditional agreement for $2.6B USD investment in InPost expected to complete in the second half of 2026.

Peer Comparison

Revenue (TTM)

FDX

$91.93B

+4.7%

UPS

$88.32B

-2.7%

CMI

$33.89B

+0.1%

Gross Margin (Latest Quarter)

FER

100.0%

-1.2pp

ROP

69.4%

+1.1pp

AXON

59.1%

-0.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
UPS	$91.89B	17.5	33.0%	35.0%
CMI	$91.01B	34.1	22.0%	23.9%
CSX	$88.39B	29.0	23.5%	43.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.6%

Moderate Growth

4Q Net Income CAGR

-13.8%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data