FedEx
FDX stock analysis · Industrials · Air Freight & Logistics
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗The reviewed sources do not establish an eligible exact post-spin June share count. The March 17 cover is 105 days old, the May 31 issued/treasury counts are rounded and precede the June 1 FedEx Freight spin-off, and the July 16 cover is after the quote. June repurchases and an ASR add uncertainty. Post-spin valuation also requires a continuing-business financial review.
· Share-class review ↗DCF value
FedEx Freight was spun off on June 1, 2026. The FY2025 and FY2026 consolidated financials and pre-spin share base have not been reconciled to the post-spin security; current valuation methods await a continuing-business and share-count review.
How this is calculated ↗Reverse DCF
FedEx Freight was spun off on June 1, 2026. The FY2025 and FY2026 consolidated financials and pre-spin share base have not been reconciled to the post-spin security; current valuation methods await a continuing-business and share-count review.
How this is calculated ↗Relative valuation
FedEx Freight was spun off on June 1, 2026. The FY2025 and FY2026 consolidated financials and pre-spin share base have not been reconciled to the post-spin security; current valuation methods await a continuing-business and share-count review.
How this is calculated ↗Historical multiples
6 annual observations
How this is calculated ↗Free cash flow yield
FedEx Freight was spun off on June 1, 2026. The FY2025 and FY2026 consolidated financials and pre-spin share base have not been reconciled to the post-spin security; current valuation methods await a continuing-business and share-count review.
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete
How this is calculated ↗Value composite
FedEx Freight was spun off on June 1, 2026. The FY2025 and FY2026 consolidated financials and pre-spin share base have not been reconciled to the post-spin security; current valuation methods await a continuing-business and share-count review.
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
FedEx Freight was spun off on June 1, 2026. The FY2025 and FY2026 consolidated financials and pre-spin share base have not been reconciled to the post-spin security; current valuation methods await a continuing-business and share-count review.
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | — | — | — |
| 10.0% | — | — | — |
| 12.0% | — | — | — |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2026-05-31 | 94.7B | 4.4B | 8.9B | 3.8B | 98.9B |
| 2025-05-31 | 87.9B | 4.1B | 7B | 4.1B | 87.6B |
| 2024-05-31 | 87.7B | 4.3B | 8.3B | 5.2B | 87B |
| 2023-05-31 | 90.2B | 4B | 8.8B | 6.2B | 87.1B |
| 2022-05-31 | 93.5B | 3.8B | 9.8B | 6.8B | 86B |
| 2021-05-31 | 84B | 5.2B | 10.1B | 5.9B | 82.8B |
| 2020-05-31 | 69.2B | 1.3B | 5.1B | 5.9B | 73.5B |
| 2019-05-31 | 69.7B | 540M | 5.6B | 5.5B | 54.4B |
| 2018-05-31 | 65.5B | 4.6B | 4.7B | 5.7B | 52.3B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 87.9B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-07-20 |
| netIncome | 4.1B | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-07-20 |
| Parent/common earnings proxy | 4.1B | NetIncomeLossAvailableToCommonStockholdersBasic | 2026-07-20 |
| cfo | 7B | NetCashProvidedByUsedInOperatingActivities | 2026-07-20 |
| capex | 4.1B | PaymentsToAcquireProductiveAssets | 2026-07-20 |
| operatingIncome | 5.2B | OperatingIncomeLoss | 2026-07-20 |
| assets | 87.6B | Assets | 2026-07-20 |
| equity | 28.1B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-07-20 |
| Parent book equity proxy | 28.1B | StockholdersEquity | 2026-07-20 |
| debt | 19.9B | LongTermDebt | 2025-07-21 |
| shortDebt | 0 | ShortTermBorrowings | 2026-07-20 |
| cash | 5.5B | CashAndCashEquivalentsAtCarryingValue | 2026-07-20 |
| shares | 243M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-07-20 |
| dividends | 1.3B | PaymentsOfDividends | 2026-07-20 |
| buybacks | 3B | PaymentsForRepurchaseOfCommonStock | 2026-07-20 |
| issuance | — | Not reported under a supported tag | — |