Financials FedEx Corporation

Equities

FDX

US31428X1063

Air Freight & Logistics

Market Closed - Nyse 21:00:02 15/07/2024 BST After market 22:47:42
305 USD +2.01% Intraday chart for FedEx Corporation 304.2 -0.26%

Valuation

Fiscal Period: Maggio 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 40,201 34,109 83,532 58,206 54,790 73,583 - -
Enterprise Value (EV) 1 55,463 51,231 97,324 71,573 68,546 76,197 87,033 86,295
P/E ratio 76 x 26.6 x 16.2 x 15.7 x 14.1 x 14.8 x 15 x 12.7 x
Yield 1.69% 1.99% 0.86% 1.51% 2.69% 1.69% 1.8% 1.9%
Capitalization / Revenue 0.58 x 0.49 x 0.99 x 0.62 x 0.61 x 0.71 x 0.82 x 0.78 x
EV / Revenue 0.8 x 0.74 x 1.16 x 0.77 x 0.76 x 0.87 x 0.96 x 0.92 x
EV / EBITDA 6.47 x 7.6 x 9.76 x 6.61 x 7.18 x 7.24 x 7.65 x 6.93 x
EV / FCF 396 x -68.4 x 23.6 x 23.3 x 26 x 24.3 x 20.2 x 18.6 x
FCF Yield 0.25% -1.46% 4.24% 4.29% 3.85% 4.12% 4.95% 5.38%
Price to Book 2.3 x 1.87 x 3.49 x 2.4 x 2.14 x 2.31 x 2.5 x 2.27 x
Nbr of stocks (in thousands) 260,575 261,250 265,342 259,178 251,352 246,081 - -
Reference price 2 154.3 130.6 314.8 224.6 218.0 299.0 299.0 299.0
Announcement Date 25/06/19 30/06/20 24/06/21 23/06/22 20/06/23 25/06/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: May 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 69,693 69,217 84,000 93,512 90,155 87,700 90,255 94,135
EBITDA 1 8,573 6,737 9,976 10,835 9,549 10,528 11,375 12,460
EBIT 1 5,220 3,122 6,180 6,865 5,373 6,240 7,072 8,001
Operating Margin 7.49% 4.51% 7.36% 7.34% 5.96% 7.12% 7.84% 8.5%
Earnings before Tax (EBT) 1 655 1,669 6,674 4,896 5,363 5,836 6,397 7,127
Net income 1 540 1,286 5,230 3,826 3,972 4,331 4,783 5,412
Net margin 0.77% 1.86% 6.23% 4.09% 4.41% 4.94% 5.3% 5.75%
EPS 2 2.030 4.900 19.45 14.33 15.48 17.21 19.94 23.60
Free Cash Flow 1 140 -749 4,125 3,069 2,641 3,136 4,305 4,641
FCF margin 0.2% -1.08% 4.91% 3.28% 2.93% 3.58% 4.77% 4.93%
FCF Conversion (EBITDA) 1.63% - 41.35% 28.32% 27.66% 29.79% 37.85% 37.25%
FCF Conversion (Net income) 25.93% - 78.87% 80.21% 66.49% 72.41% 90% 85.75%
Dividend per Share 2 2.600 2.600 2.700 3.400 5.860 5.048 5.376 5.682
Announcement Date 25/06/19 30/06/20 24/06/21 23/06/22 20/06/23 25/06/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maggio 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 23,474 23,641 24,394 23,242 22,800 22,169 21,930 21,681 22,165 21,738 22,100 22,094 22,670 22,443 22,859
EBITDA 1 2,670 2,448 3,252 2,253 2,258 2,196 2,842 2,661 2,461 2,429 2,977 2,798 2,620 2,740 3,287
EBIT 1 1,680 1,460 2,234 1,230 1,212 1,165 1,767 1,590 1,421 1,357 1,870 1,704 1,540 1,640 2,178
Operating Margin 7.16% 6.18% 9.16% 5.29% 5.32% 5.26% 8.06% 7.33% 6.41% 6.24% 8.46% 7.71% 6.79% 7.31% 9.53%
Earnings before Tax (EBT) 1 1,380 1,375 684 1,154 1,059 1,022 2,128 1,423 1,202 1,183 2,028 1,571 1,471 1,515 1,968
Net income 1 1,040 1,100 558 875 788 771 1,538 1,080 900 879 1,474 1,154 1,060 1,136 1,501
Net margin 4.43% 4.65% 2.29% 3.76% 3.46% 3.48% 7.01% 4.98% 4.06% 4.04% 6.67% 5.22% 4.68% 5.06% 6.57%
EPS 2 3.880 4.200 2.130 3.330 3.070 3.050 6.050 4.230 3.550 3.510 5.940 4.776 4.434 4.777 6.371
Dividend per Share 2 0.7500 0.7500 1.150 1.150 1.150 - - 1.260 - 1.260 1.274 1.364 1.364 1.373 1.373
Announcement Date 16/12/21 17/03/22 23/06/22 15/09/22 20/12/22 16/03/23 20/06/23 20/09/23 19/12/23 21/03/24 25/06/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: Maggio 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 15,262 17,122 13,792 13,367 13,756 13,702 13,450 12,712
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.78 x 2.541 x 1.383 x 1.234 x 1.441 x 1.301 x 1.182 x 1.02 x
Free Cash Flow 1 140 -749 4,125 3,069 2,641 3,136 4,305 4,641
ROE (net income / shareholders' equity) 22.2% 13.8% 23% 22.4% 15% 16.7% 17.3% 18.3%
ROA (Net income/ Total Assets) 7.73% 3.9% 6.26% 6.52% 4.44% 5.14% 5.68% 6.31%
Assets 1 6,986 32,985 83,592 58,680 89,550 84,198 84,145 85,724
Book Value Per Share 2 67.00 69.80 90.20 93.80 102.0 110.0 120.0 131.0
Cash Flow per Share 2 21.20 19.50 37.80 37.00 34.40 33.10 36.40 42.50
Capex 1 5,500 5,868 5,884 6,800 6,200 5,200 5,275 5,544
Capex / Sales 7.89% 8.48% 7% 7.27% 6.88% 5.93% 5.84% 5.89%
Announcement Date 25/06/19 30/06/20 24/06/21 23/06/22 20/06/23 25/06/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
31
Last Close Price
299 USD
Average target price
319.1 USD
Spread / Average Target
+6.70%
Consensus
  1. Stock Market
  2. Equities
  3. FDX Stock
  4. Financials FedEx Corporation