Fedex Corp


Market Cap$61.18B

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Fedex CorpFedex Corp13.91.51%17%0.70.8

Earnings Call Q2 2024

December 19, 2023 - AI Summary

FedEx reported a 17% improvement in adjusted operating income and a 110 basis point increase in adjusted margin for the second quarter, despite a 3% decline in total revenue.
The company's transformation initiatives, known as DRIVE, are driving improved profitability and cost reductions. They expect to achieve $1.8 billion in cost reduction benefits from DRIVE this fiscal year.
FedEx Ground delivered strong results with a 57% increase in adjusted operating income and a 370 basis point expansion in adjusted margin. This was driven by higher yield and volume, along with operational improvements.

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Target Price by Analysts

25.7% upsideFedex Target Price DetailsTarget Price

Current Fair Value

66% downside

Overvalued by 66% based on the discounted cash flow analysis.

Share Statistics

Market cap$61.18 Billion
Enterprise Value$75.72 Billion
Dividend Yield$3.7614 (1.51%)
Earnings per Share$17.46
Outstanding Shares246,080,750
Avg 30 Day Volume1,261,633


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio13.92
Price to Sales0.71
Price to Book Ratio2.36
Enterprise Value to Revenue0.87
Enterprise Value to EBIT12.41
Enterprise Value to Net Income17
Total Debt to Enterprise0.27
Debt to Equity0.77

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...