Fedex Corp
Fedex Corp (FDX) is listed on NYSE and classified in Integrated Freight & Logistics, part of the Industrials sector. It is headquartered in Memphis, United States and has 300,000 employees. The company is worth $71.93B and trades at 16.1x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $94.72B in fiscal 2026, up 7.7% from the year before. Net income was $4.43B. The share price is 12.0% below its 52-week high of $345.37. It pays a dividend yielding 1.61%, and has raised its annual dividend for 5 years in a row in our records. 10 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $838.87M. In that quarter, 4 of them opened or added to the position and 5 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Articles on this site that cover Fedex Corp.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +58.1% over 5Y.
today you would have $1,709.24▲ +70.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $293.55 | $232.76 | $226.70 | $203.84 | $139.56 | $208.41 | $209.20 | $121.85 | $130.00 | $201.08 | $150.04 | $120.06 | $139.94 | $115.85 | $73.91 | $67.29 | $74.95 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 3.4% a year plus a 1.6% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 16.8 across this company’s own years on record.
Cash flow growing 3.4% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 8.0% a year against a 10.6% required return, from the stock’s beta.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CMICummins Inc | $519.53 | 27.7x | 5.6x | 1.69% | 21.11% | $71.52B |
| RELXRELX PLC | $40.62 | 23.3x | 171.3x | 2.24% | 131.86% | $70.55B |
| RSGRepublic Services Inc | $241.90 | 34.3x | 6.2x | 1.11% | 18.15% | $74.07B |
| HONHoneywell International Inc | $218.31 |
| $67.24 |
| $51.69 |
| P/E | 16.8x | 15.8x | 13.8x | 13.2x | 16.3x | 12.1x | 13.3x | 53.0x | 74.5x | 9.6x | 22.5x | 28.6x | 40.8x | 23.2x | 16.8x | 14.3x | 18.3x | 24.7x | 269.2x | — |
| P/S | 0.8x | 0.7x | 0.8x | 0.8x | 0.7x | 0.5x | 0.8x | 1.0x | 0.6x | 0.7x | 1.1x | 1.0x | 0.9x | 1.1x | 1.0x | 0.7x | 0.7x | 0.8x | 0.7x | — |
| P/B | 2.4x | 2.2x | 2.4x | 2.5x | 2.4x | 1.8x | 2.9x | 3.7x | 2.2x | 2.2x | 4.2x | 3.6x | 2.8x | 3.2x | 2.6x | 2.0x | 1.7x | 2.1x | 1.9x | — |
| EPS | $18.55 | $16.81 | $17.21 | $12.47 | $11.55 | $15.67 | $3.95 | $1.64 | $13.53 | $8.92 | $5.25 | $2.94 | $6.03 | $6.89 | $5.17 | $3.68 | $3.03 | $0.25 | — |
| Dividend yield | 0.78% | 1.23% | 1.98% | 1.92% | 1.95% | 2.42% | 1.12% | 1.00% | 1.72% | 1.52% | 0.76% | 0.78% | 0.64% | 0.43% | 0.41% | 0.60% | 0.61% | 0.51% | 0.53% | 0.67% |
| Payout | 20.86% | 19.45% | 27.47% | 25.28% | 31.85% | 29.31% | 14.91% | 53.06% | 128.08% | 14.59% | 17.16% | 22.27% | 26.03% | 10.03% | 6.90% | 8.58% | 11.16% | 12.50% | 141.94% | — |
| Profit margin | 4.41% | 4.68% | 4.65% | 4.94% | 4.41% | 4.09% | 6.23% | 1.86% | 0.77% | 6.99% | 4.97% | 3.61% | 2.21% | 5.10% | 6.13% | 4.76% | 3.69% | 3.41% | 0.28% | 2.96% |
| ROE | 14.01% | 14.01% | 14.58% | 15.70% | 15.23% | 15.34% | 21.64% | 7.03% | 3.04% | 23.55% | 18.65% | 13.20% | 7.00% | 15.21% | 15.61% | 13.80% | 9.54% | 8.57% | 0.72% | 7.58% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+1.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 8.1x |
| 5.0x |
| 2.04% |
| 46.58% |
| $69.19B |
| URIUnited Rentals Inc | $1,111.02 | 26.7x | 7.5x | 0.71% | 28.89% | $69.15B |
| VRTVertiv Holdings Co | $195.59 | 44.3x | 15.8x | 0.13% | 43.94% | $75.3B |