Stocks · Industrials · Integrated Freight & Logistics
FedEx Freight Holding Company, Inc. FDXF
$112.89 +2.01% Close, Oct 2, 2026 · NYSE · Market cap $16.88B
Next earnings report: Dec 2, 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 diluted share count rose 25.6% in a year.
- Diluted EPS over the last four quarters was $3.87, down 56.3% year over year.
- Operating margin narrowed to 6.1% from 15.1% a year 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.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 17%
- EPS growth (TTM, YoY)Bottom 16%
- FCF growth (TTM, YoY)Bottom 9%
- Revenue growth, 3-year CAGRBottom 17%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 46%
- Gross marginTop 50%
- Operating marginBottom 46%
- Cash conversion (OCF / net income)Bottom 5%
- Accruals (lower is better)Bottom 4%
- Net debt / EBITDA (lower is better)Bottom 11%
- Interest coverTop 7%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 37%
- Free-cash-flow yieldBottom 25%
- EBITDA / enterprise valueBottom 33%
- Sales / enterprise valueBottom 41%
Strength and persistence of the price trend, including versus the S&P 500.
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 20%
- Consecutive EPS beatsTop 45%
- Upside to consensus price targetTop 29%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 46%
- Maximum drawdown, 3 yearsTop 35%
- Net debt / EBITDA (lower is better)Bottom 11%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Gross margin | 31.1% | 28.4% | ↓ |
| Operating margin | 15.1% | 6.1% | ↓ |
| FCF margin | 12.3% | -2.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -1.0% | — | Bottom 17% | |
| EPS growth (TTM, YoY) | -56.3% | — | Bottom 16% | |
| Gross margin | 28.4% | 31.1% | ↓ | Top 50% |
| Operating margin | 6.1% | 15.1% | ↓ | Bottom 46% |
| Net margin | 6.3% | 12.1% | ↓ | — |
| Free-cash-flow margin | -2.4% | 12.3% | ↓ | — |
| Return on invested capital | 6.6% | — | Top 46% | |
| Revenue growth, 3-year CAGR | -4.5% | — | Bottom 17% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.30×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 5.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.1%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.59×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 45.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 0.00%
- Share count change, 1 year
- +25.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through May 31, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 2 of 3
- Average EPS surprise, last 4
- -20.9%
- Average 2-day reaction, last 8
- -1.0%
- Positive 20 days after report
- 0 of 2
Analysts
- Consensus price target
- $168.00
- Target vs current price
- +48.8%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 2, 2026 | +9.7% | -0.8% | -2.2% | -14.3% | — |
| Jun 25, 2026 | +1.3% | -1.2% | -2.9% | -3.5% | -25.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 2, 2026 | $1.47 | $1.34 | +9.7% | $2.41B |
| Jun 25, 2026 | $1.53 | $1.51 | +1.3% | $2.40B |
| Apr 10, 2026 | $0.37 | $1.42 | -73.7% | $1.99B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 29.2× | — | — | Top 37% |
| P/E (forward) | 24.2× | — | — | — |
| EV / EBITDA | 24.8× | — | — | Bottom 33% |
| EV / Sales | 2.61× | — | — | Bottom 41% |
| Free-cash-flow yield | -1.26% | — | — | Bottom 25% |
| Earnings yield | 3.43% | — | — | Top 37% |
P/E over the past five years
Range 17.1× – 37.0× since May 31, 2025. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- 50-day average slope (20 days)
- -8.5%
- Distance from 50-day average
- -14.3%
- RSI (14)
- 35.3
- Relative volume
- 0.83×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 41.7%
- Current drawdown from 1-year high
- -40.1%
- Maximum drawdown, 3 years
- -42.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 9, 2026 | Sep 30, 2026 | -42.0% | 78 days | Not yet recovered |
| May 28, 2026 | Jun 1, 2026 | -19.2% | 2 days | 6 days (Jun 9, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $16.88B
- P/E (TTM)
- 29.2
- EPS, diluted (TTM)
- $3.87
- Revenue (TTM)
- $8.79B
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Revenue | $10.08B | $9.42B | $8.89B | $8.79B |
| Gross profit | $3.64B | $3.27B | $2.77B | $8.79B |
| Operating income | $1.89B | $1.75B | $1.34B | $540.0M |
| Net income | $1.58B | $1.57B | $1.08B | $655.0M |
| EPS (diluted) | $12.35 | $12.54 | $8.88 | $4.38 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.25B | $2.18B | $2.09B | $2.37B | $2.20B | $2.14B | $1.99B | $2.47B |
| Net income | $344.5M | $294.0M | $251.0M | $189.5M | $223.0M | $120.0M | $51.0M | $158.0M |
| EPS (diluted) | $2.79 | $2.41 | $2.06 | $1.59 | $1.84 | $0.99 | -$0.02 | $1.06 |
| FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|
| Operating cash flow | $1.75B | $1.54B | $1.53B | $167.0M |
| Capital expenditure | -$558.0M | -$461.0M | -$437.0M | -$379.0M |
| Free cash flow | $1.19B | $1.08B | $1.09B | -$212.0M |
| Dividends paid | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $251.0M
- Total assets
- $6.88B
- Total liabilities
- $7.38B
- Total debt
- $6.37B
- Net debt
- $6.11B
- Shareholders’ equity
- -$497.0M
As of May 31, 2026 (filed Aug 5, 2026).
Short interest
- Shares sold short
- 3,610,383
- Days to cover
- 2.72
- Change vs previous report
- -2.4%
FINRA short interest, settlement date Sep 15, 2026.