FedEx Corporation (FDX) Stock

About FedEx Corporation

FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, technological, and e-commerce transportation services. FedEx Ground focuses on reliable, scheduled delivery services for both commercial clients and individual households. The FedEx Freight unit manages less-than-truckload (LTL) cargo shipments, supported by a significant infrastructure that, as of May 31, 2022, included approximately 30,000 vehicles and 400 service centers. FedEx Services provides essential internal support functions across the company, such as sales, marketing, information technology, communications, customer and technical assistance, billing, collections, and other vital administrative operations. Finally, the Corporate, Other, and Eliminations segment broadens FedEx's offerings to include integrated supply chain management, specialized transportation, customs brokerage, global ocean and air freight forwarding, document and business services, and convenient retail access points for its package delivery operations. Established in 1971, FedEx Corporation maintains its headquarters in Memphis, Tennessee.

FedEx Corporation is led by CEO Rajesh Subramaniam, employs 306,000 people, headquartered in Memphis, US, publicly traded since 1978.

FedEx Corporation (FDX) stock trades at $308.61 with a market capitalization of $73.01B. The stock is valued at a price-to-earnings (P/E) ratio of 16.64, price-to-book of 2.37, price-to-sales of 0.79. Over the past 52 weeks the stock has ranged between $174.13 and $345.37, and currently trades 10.6% below its 52-week high. It pays a dividend yielding 1.51%.

On profitability, FedEx Corporation generates a return on equity (ROE) of 14.85%, above the typical market average, return on capital employed of 20.93%, an operating margin of 6.99%, a net profit margin of 4.68%.

In its most recent fiscal year, FedEx Corporation reported annual revenue of $94.7B, net profit of $4.4B, revenue has compounded at 2.5% a year over the last five years, profit at -3.3% a year.

The balance sheet shows a debt-to-equity ratio of 1.36, a current ratio of 1.48, total assets of $98.9B, $13.3B in cash and equivalents.

FDX has an average daily trading volume of 2,068,057 shares, a beta of 1.30.

Official website: www.fedex.com