FedEx Corporation (FDX) Stock

FedEx Corporation (FDX) is a Industrials stock trading at $334.13 (as of 2026-08-24), with a market capitalization of $79.05B and a trailing P/E of 17.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

FedEx Corporation operates transportation and related e-commerce and business services through segments including FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, plus Corporate/Other and Eliminations activities such as supply chain, customs brokerage, and global forwarding. It provides delivery and freight services for businesses and residences in the U.S. and internationally, with additional support services for customer operations.

Understand FedEx Corporation: how it makes money

FedEx provides express transportation, day-certain ground delivery, less-than-truckload freight, and cross-border and e-commerce transportation solutions, earning money by delivering time-critical and day-certain shipments for businesses and consumers.

FedEx's operating income is concentrated in FedEx Express (segment operating income GAAP 1.55), with FedEx Freight contributing a much smaller amount (segment operating income GAAP 0.09), while the rest of revenue is captured in Other and eliminations.

Revenue by segment (latest quarter)
Express$19.1B
Freight$2.3B
Ground$0.0B
Other$0.9B

Business quality (Mixed): Adequate segment detail for Express and Freight, but the provided operating KPI inputs are not cleanly informative beyond segment-level revenue and limited operating-income figures.

Valuation: At 17× earnings, FDX trades in line with the Transportation average (18×). Note: one-time items can distort reported P/E.

Bull case

  • Express drives the profit engine: FedEx Express shows the largest segment operating income among the provided segments (segment operating income GAAP 1.55).
  • Multiple service lines: The business includes express transportation and small-package ground delivery (Express), day-certain delivery (Ground), and less-than-truckload freight (Freight).
  • E-commerce and cross-border enablement are part of the offering: FedEx Express includes cross-border enablement, technology, and e-commerce transportation solutions.

Bear case

  • Smaller contribution from Freight: FedEx Freight segment operating income is much lower than Express in the provided figures (Freight GAAP 0.09 vs Express GAAP 1.55).
  • Other and eliminations are material but less directly tied to a named product segment: Other and eliminations revenue is 0.94B in the provided segment revenue candidates, which can make it harder to attribute performance to a single operating business.
Valuation — source: SEC EDGAR (first-party)
Price$334.13
Market Cap$79.05B
P/E Ratio17.8
EV / EBITDA9.1
Price / Book2.50
Price / Sales0.83
FCF Yield6.5%
DCF Value (model)$196.14
DCF Upside vs Price-41.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$94.72B
Net Margin4.7%
Revenue Growth (YoY)7.7%
EPS Growth (YoY)10.3%
FCF Growth (YoY)71.6%
Financial Health — source: SEC EDGAR
Altman Z-Score2.58 (grey)
Valuation vs Sector & Industry
Stock P/E17.8
Sector P/E (Industrials)26.0
Industry P/E (Transportation)17.0
vs Sector-31.4%
vs Industry4.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($6.74B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorIndustrials
IndustryTransportation
CEORajesh Subramaniam
Employees306,000
CountryUS
IPO Date1978-04-12

Related Companies (Transportation; 8 comparable transport companies)

  • FedEx Freight Holding Company, Inc. (FDXF)
  • United Parcel Service, Inc. (UPS)
  • Delta Air Lines, Inc. (DAL)
  • United Airlines Holdings, Inc. (UAL)
  • American Airlines Group Inc. (AAL)
  • Plains All American Pipeline, L.P. (PAA)
  • Plains GP Holdings, L.P. (PAGP)
  • C.H. Robinson Worldwide, Inc. (CHRW)
FDX earnings history · FDX institutional & insider holders · FDX KPIs & operating metrics · FDX financials · FDX investor presentations & press releases · FDX SEC filings · FDX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.