Stocks · Industrials · Integrated Freight & Logistics
FedEx Corporation FDX
$290.36 +1.15% Close, Oct 2, 2026 · NYSE · Market cap $68.69B
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 15.8× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +22.0%).
- Revenue over the last four quarters was $94.72B, up 7.7% from a year earlier, accelerating from 4.7% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth62Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 50%
- EPS growth (TTM, YoY)Bottom 49%
- FCF growth (TTM, YoY)Top 20%
- Revenue growth, 3-year CAGRBottom 35%
- Revenue growth accelerationTop 33%
Quality54Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 50%
- Gross marginBottom 35%
- Operating marginBottom 48%
- Cash conversion (OCF / net income)Top 32%
- Accruals (lower is better)Top 46%
- Net debt / EBITDA (lower is better)Bottom 37%
- Interest coverTop 21%
Value79Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 9%
- Free-cash-flow yieldTop 18%
- EBITDA / enterprise valueTop 15%
- Sales / enterprise valueTop 22%
- P/E vs own 5-year history (lower is better)Bottom 6%
Momentum68Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 11%
- 6-month returnBottom 47%
- 1-year return vs S&P 500Top 19%
- Distance from 52-week highTop 28%
- Trend checklist (0–4)Bottom 40%
Revisions57Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 21%
- Consecutive EPS beatsTop 24%
- Share of analysts rating BuyBottom 48%
- Upside to consensus price targetBottom 12%
Stability72Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 10%
- Maximum drawdown, 3 yearsTop 27%
- Beta vs S&P 500 (lower is better)Top 42%
- Net debt / EBITDA (lower is better)Bottom 37%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.7% | 7.7% | ↑ |
| EPS growth (YoY) | 16.8% | 8.6% | ↓ |
| Gross margin | 21.6% | 22.9% | ↑ |
| Operating margin | 6.9% | 6.7% | ↓ |
| FCF margin | 3.4% | 5.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.7% | 4.7% | ↑ | Bottom 50% |
| EPS growth (TTM, YoY) | 8.6% | 16.8% | ↓ | Bottom 49% |
| Gross margin | 22.9% | 21.6% | ↑ | Bottom 35% |
| Operating margin | 6.7% | 6.9% | ↓ | Bottom 48% |
| Net margin | 4.7% | 4.7% | ↑ | — |
| Free-cash-flow margin | 5.4% | 3.4% | ↑ | — |
| Return on invested capital | 5.7% | — | Bottom 50% | |
| Revenue growth, 3-year CAGR | 1.7% | — | Bottom 35% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.01×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +3.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.79×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 12.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.00%
- Net buyback yield (TTM)
- -0.29%
- Shareholder yield
- 1.71%
- Share count change, 1 year
- +1.3%
- Share count change, 3-year CAGR
- -1.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through May 31, 2026 (filed Jul 20, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +22.0%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $307.55
- Target vs current price
- +5.9%
- Analysts with a rating
- 49
- Share rating Buy or Strong Buy
- 57%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jun 23, 2026 | +5.9% | -3.5% | -1.0% | -4.1% | -8.2% |
| Mar 19, 2026 | +57.2% | +1.8% | +2.2% | +8.9% | +20.1% |
| Dec 18, 2025 | +18.4% | +1.7% | +4.9% | +9.2% | +25.7% |
| Sep 18, 2025 | +6.4% | +0.3% | +3.5% | +4.4% | +26.1% |
| Jun 24, 2025 | +4.3% | +0.1% | -0.8% | +1.1% | -1.5% |
| Mar 20, 2025 | -3.0% | -0.4% | -1.4% | -17.6% | -9.2% |
| Dec 19, 2024 | +2.5% | +1.0% | +2.0% | +0.9% | -9.5% |
| Sep 19, 2024 | -24.4% | +0.7% | -11.5% | -8.8% | -4.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jun 23, 2026 | $6.31 | $5.96 | +5.9% | $25.00B |
| Mar 19, 2026 | $5.25 | $3.34 | +57.2% | $24.00B |
| Dec 18, 2025 | $4.82 | $4.07 | +18.4% | $23.50B |
| Sep 18, 2025 | $3.83 | $3.60 | +6.4% | $22.20B |
| Jun 24, 2025 | $6.07 | $5.82 | +4.3% | $22.20B |
| Mar 20, 2025 | $4.51 | $4.65 | -3.0% | $22.20B |
| Dec 19, 2024 | $4.05 | $3.95 | +2.5% | $22.00B |
| Sep 19, 2024 | $3.60 | $4.76 | -24.4% | $21.60B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 15.8× | 12.3× | 95th | Top 9% |
| P/E (forward) | 16.4× | — | — | — |
| EV / EBITDA | 9.3× | — | — | Top 15% |
| EV / Sales | 1.04× | — | — | Top 22% |
| Free-cash-flow yield | 7.45% | — | — | Top 18% |
| Earnings yield | 6.32% | — | — | Top 9% |
P/E over the past five years
Range 9.2× – 16.7× since May 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +50.5%
- Earnings per share growth (TTM)
- +8.6%
- Change in P/E multiple
- +55.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.9%
- 200-day average slope (20 days)
- +2.7%
- Distance from 50-day average
- -7.3%
- Distance from 200-day average
- -2.9%
- RSI (14)
- 38.9
- Relative volume
- 0.86×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 24.5%
- Volatility vs own 5-year history
- 24th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.97
- Correlation with S&P 500
- 0.51
- Current drawdown from 1-year high
- -14.4%
- Maximum drawdown, 3 years
- -36.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 27, 2021 | Sep 26, 2022 | -54.7% | 335 days | 838 days (Jan 29, 2026) |
| Dec 8, 2020 | Jan 29, 2021 | -21.9% | 35 days | 64 days (May 3, 2021) |
| Aug 13, 2026 | Sep 24, 2026 | -17.6% | 29 days | Not yet recovered |
| Feb 20, 2026 | Mar 30, 2026 | -12.0% | 26 days | 13 days (Apr 17, 2026) |
| Apr 30, 2026 | May 4, 2026 | -11.3% | 2 days | 16 days (May 27, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $68.69B
- P/E (TTM)
- 15.8
- EPS, diluted (TTM)
- $18.34
- Revenue (TTM)
- $94.72B
- Dividend yield
- 1.84%
- 52-week range
- $180.87 – $345.37
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $93.51B | $90.16B | $87.69B | $87.93B | $94.72B |
| Gross profit | $20.17B | $19.17B | $18.95B | $19.00B | $20.62B |
| Operating income | $6.52B | $5.34B | $6.36B | $6.08B | $6.62B |
| Net income | $3.83B | $3.97B | $4.33B | $4.09B | $4.43B |
| EPS (diluted) | $14.36 | $15.49 | $17.21 | $16.81 | $18.55 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.58B | $21.97B | $22.16B | $22.22B | $22.24B | $23.47B | $24.00B | $25.01B |
| Net income | $794.0M | $741.0M | $909.0M | $1.65B | $824.0M | $956.0M | $1.06B | $1.60B |
| EPS (diluted) | $3.21 | $3.03 | $3.76 | $6.88 | $3.46 | $3.93 | $4.35 | $6.60 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $9.83B | $8.81B | $8.31B | $7.04B | $8.93B |
| Capital expenditure | -$6.76B | -$6.17B | -$5.18B | -$4.05B | -$3.81B |
| Free cash flow | $3.07B | $2.64B | $3.14B | $2.98B | $5.12B |
| Dividends paid | -$793.0M | -$1.18B | -$1.26B | -$1.34B | -$1.37B |
| Net share buybacks | -$2.06B | -$1.27B | -$2.01B | -$2.49B | $196.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $13.31B
- Total assets
- $98.94B
- Total liabilities
- $67.29B
- Total debt
- $42.94B
- Net debt
- $29.63B
- Shareholders’ equity
- $31.65B
As of May 31, 2026 (filed Jul 20, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 14, 2026 | $1.22 | Oct 1, 2026 |
| Jun 22, 2026 | $1.22 | Jul 7, 2026 |
| Mar 9, 2026 | $1.45 | Apr 1, 2026 |
| Dec 15, 2025 | $1.45 | Jan 6, 2026 |
| Sep 8, 2025 | $1.45 | Oct 1, 2025 |
| Jun 23, 2025 | $1.45 | Jul 8, 2025 |
| Mar 10, 2025 | $1.38 | Apr 1, 2025 |
| Dec 9, 2024 | $1.38 | Jan 3, 2025 |
Short interest
- Shares sold short
- 4,838,947
- Days to cover
- 3.24
- Change vs previous report
- +3.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 1, 2026
- 1,241-for-1,000
- May 7, 1999
- 2-for-1
- Nov 5, 1996
- 2-for-1
- Nov 1, 1983
- 2-for-1
- Nov 3, 1980
- 2-for-1