Is FedEx (FDX) overvalued or fairly valued?

MarketChacha shows FedEx's valuation in context — a trailing P/E of about 18.7, a forward P/E of about 14.1, a price-to-book of about 2.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does FedEx's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.97×) from reported figures — education, not a rating.

What is FedEx's revenue?

FedEx reported revenue of $94.7B for FY2026, with net profit of $4.4B, per official filings.

What is the share price of FedEx (FDX)?

FedEx last traded at $293.55 (-0.7% on the day), as of 10/16/2026 — a delayed quote shown for education, not investment advice.

FedEx

FDX · NYSE · Industrials · United States

Snapshot

TickerFDX

ExchangeNYSE

SectorIndustrials

IndustryIntegrated Freight & Logistics

CountryUnited States

Employees300,000

HeadquartersMemphis, United States

Websitewww.fedex.com

Filings tracked25

About FedEx

FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. The company operates through two segments, Express U.S. Domestic and Express International. It provides e-commerce and digital solutions; dataworks; printing and shipping management, including digital printing, professional finishing, document creation, design solutions, direct mail, signs and graphics, custom-branded boxes, copying, computer rental, Wi-Fi, corporate print solutions, shredding, U.S. passport processing and renewal, and digital notarization; packing services, as well as packing supplies and boxes; document and business services; and retail access for package transportation. In addition, the company offers logistics services, air and ocean cargo transportation, specialty transportation, customs brokerage, trade management tools and data, and door-to-door solutions; and third party logistics and supply chain management solutions, such as inbound logistics, warehousing and distribution, fulfillment, contract packaging and product configuration, systems integration, returns process and disposition, test, repair, refurbishment, and product liquidation. Further, it provides sales, marketing, administrative, information technology, and back-office support services. FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee.

Who owns it

Insiders6.2%
Institutions83.2%
Public & other10.6%

2,482 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.78%
Vanguard Capital Management LLC5.99%
State Street Corporation4.25%
Primecap Management Company3.45%
Vanguard Portfolio Management LLC3.10%
Dodge & Cox Inc.3.06%
Franklin Resources, Inc.2.27%
Geode Capital Management, LLC2.19%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.97×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend4.4% → 4.7%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 2% · PAT 4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $25.3B · EPS 6.27

Next fiscal year

Rev $95.0B · EPS 20.86

Est. earnings growth +17.4%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$94.7B

Net margin

4.7%

ROE

14.0%

Revenue CAGR (3y)

+1.7%

Profit CAGR (3y)

+3.7%

EPS (FY2026)

18.55

Net profit (FY2026)

$4.4B

Ask MarketChacha about FDX

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$94.7B	$4.4B	18.55	4.7%	14.0%
FY2025	$87.9B	$4.1B	16.81	4.7%	14.6%
FY2024	$87.7B	$4.3B	17.21	4.9%	15.7%
FY2023	$90.2B	$4.0B	15.48	4.4%	15.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$24.0B	$1.1B	4.41	4.4%
2025Q4	$23.5B	$956.0M	4.04	4.1%
2025Q3	$22.2B	$824.0M	3.46	3.7%
2025Q1	$22.2B	$909.0M	3.76	4.1%
2024Q4	$22.0B	$741.0M	3.03	3.4%
2024Q3	$21.6B	$794.0M	3.21	3.7%
2024Q1	$21.7B	$879.0M	3.51	4.0%
2023Q4	$22.2B	$900.0M	3.55	4.1%
2023Q3	$21.7B	$1.1B	4.23	5.0%
2023Q1	$22.2B	$771.0M	3.05	3.5%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Executive/director change, Exhibits
SEC7/24/2026material
8-K — Results of operations, Exhibits
SEC7/21/2026material
10-K filing
SEC7/20/2026
8-K — Other events, Exhibits
SEC7/10/2026material
8-K — Other events, Exhibits
SEC6/25/2026material
8-K — Results of operations, Exhibits
SEC6/23/2026material
8-K — Executive/director change, Exhibits
SEC6/8/2026material
8-K — Material agreement, Completion of acquisition/disposition, Executive/director change, Other events, Exhibits
SEC6/1/2026material
8-K — Other events
SEC5/22/2026material
8-K — Executive/director change
SEC5/18/2026material
8-K — Other events, Exhibits
SEC5/13/2026material
8-K/A — Executive/director change, Exhibits
SEC5/8/2026
8-K — Executive/director change
SEC4/13/2026material
8-K — Results of operations, Exhibits
SEC3/19/2026material
10-Q filing
SEC3/19/2026
8-K — Executive/director change
SEC3/12/2026material
8-K — Other events
SEC2/9/2026material
8-K — Material financial obligation, Other events, Exhibits
SEC2/5/2026material
8-K — Costs from exit/disposal, Executive/director change, Exhibits
SEC1/29/2026material
8-K — Material agreement, Material financial obligation, Executive/director change, Exhibits
SEC1/16/2026material

2025

8-K — Results of operations, Exhibits
SEC12/18/2025material
10-Q filing
SEC12/18/2025
8-K — Material agreement
SEC11/6/2025material
8-K — Executive/director change, Shareholder vote results, Other events, Exhibits
SEC10/2/2025material
8-K — Results of operations, Exhibits
SEC9/18/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.