Fedex Corp
FDX
Market Cap$72.95B
Close$
Earnings Call Q4 2024
June 25, 2024 - AI Summary
FedEx reported strong fourth quarter and full-year performance, with year-over-year operating profit growth and margin expansion in every quarter of FY 2024.
The company achieved its target of $1.8 billion in structural cost savings through the DRIVE initiative in FY 2024 and is on track to achieve $4 billion in savings by FY 2025 compared to the FY 2023 baseline.
Revenue growth turned positive in the fourth quarter, with volume stabilization and modest yield improvement across segments.
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$175.63
38.3% downside
Current Fair Value
38.3% downsideOvervalued by 38.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $72.95 Billion |
|---|---|
| Enterprise Value | $88.70 Billion |
| Dividend Yield | $5.1209 (1.72%) |
| Earnings per Share | $17.25 |
| Beta | 0.8 |
| Outstanding Shares | 244,302,246 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 16.84 |
|---|---|
| PEG | -392.49 |
| Price to Sales | 0.8 |
| Price to Book Ratio | 2.54 |
| Enterprise Value to Revenue | 1.01 |
| Enterprise Value to EBIT | 13.96 |
| Enterprise Value to Net Income | 20 |
| Total Debt to Enterprise | 0.25 |
| Debt to Equity | 0.81 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Fedex Corp
600,000 employees
CEO: Frederick Smith FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $75 billion, the company offers integrated business solutions through operating co...