FDX · NYSE · Integrated Freight & Logistics

FedEx (FDX)

Moves parcels and freight through integrated U.S. and international air-ground networks.

$295.02
vs last close−0.77 (−0.26%)
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FedEx CorporationFDX
Industrials

Moves time- and day-definite parcels and freight through integrated U.S. and international air-ground networks, earning fees based on service, route, weight, and surcharges. Logistics, retail-print, supply-chain, and data businesses extend the network, while the FedEx Freight spin-off leaves express delivery as the core.

Moves time- and day-definite packages and freight through an integrated air-ground network. Express U.S. Domestic covers overnight, deferred, ground, home-delivery, and economy shipments; Express International handles cross-border and in-country delivery, customs clearance, and trade services across more than 220 countries and territories.

FedEx Logistics adds air and ocean forwarding plus customs brokerage; FedEx Office provides printing, packing, and retail shipping access; FedEx Dataworks supplies tracking and supply-chain tools. FedEx Supply Chain remains a contract-logistics business pending an announced sale.

Combines air hubs, surface sortation, delivery providers, retail access, and shipment data to coordinate timed delivery. The FedEx Freight spin-off removed the standalone less-than-truckload carrier. Operations remain labor- and fuel-intensive and sensitive to shipment volumes, global trade, and service reliability.

Company facts

CEORajesh Subramaniam
ListedApr 12, 1978
ExchangeNYSE
HeadquartersMemphis, TN
CountryUnited States
Employees452,000
CIK0001048911
ISINUS31428X1063

Market cap$69.98B
EPS (ttm)$18.34
P/E (ttm)16.13
ROE15.1%
P/B2.21
P/S0.7388
Dividend yieldDiv yield1.61%
Beta0.87vs XLI 0.79

Price target$350.00+18.3%Average of 49 analysts
ConsensusBuy28 of 49 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 9, 2026Evercore ISITarget
Target: $165
Target: $350
Aug 28, 2026Raymond JamesTarget
Target: $180
Target: $330
Jul 15, 2026CitigroupInitiate
Rating:
Rating: Outperform
Jun 26, 2026Evercore ISITarget
Target: $380
Target: $165
Jun 25, 2026Truist FinancialTarget
Target: $155
Target: $365

Next report
Oct 28, 26
in 36 days
EPS estimate
$3.63
Revenue estimate
$21.52B
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Oct '26
Reported$4.05$4.51$6.07$3.83$4.82$5.25$6.31Pending
Estimate$3.95$4.65$5.82$3.60$4.07$3.34$5.96$3.63
Surprise+2.5%−3.0%+4.3%+6.4%+18.4%+57.2%+5.9%

RevenueReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Oct '26
Reported$22.00B$22.20B$22.20B$22.20B$23.50B$24.00B$25.00BPending
Estimate$22.12B$21.87B$21.74B$21.65B$22.78B$22.78B$24.04B$21.52B
Surprise−0.5%+1.5%+2.1%+2.6%+3.1%+5.3%+4.0%
Estimate$3.63
ReportedDue Oct 28, 2026
Estimate$21.52B
ReportedDue Oct 28, 2026
View details

Debt to equity135.70%
Current ratio147.50%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$21.58B$21.97B$22.16B$22.22B$22.24B$23.47B$24.00B$25.01B
Net income$794.0M$741.0M$909.0M$1.65B$824.0M$956.0M$1.06B$1.60B
Net margin3.7%3.4%4.1%7.4%3.7%4.1%4.4%6.4%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$1.21B$1.38B$1.47B$1.99B$1.30B$1.38B$1.62B$2.09B
YoY growth−24.0%−3.0%+8.4%0.0%+7.5%0.0%+9.8%+5.1%

Balance sheet, May 31, 2026Cash & short-term investments $13.31B · Total debt $42.94B · Total assets $98.94B · Shareholders' equity $31.65B

Revenue
$25.01B
Operating income
$2.09B
Net income
$1.60B
View details

Dividend yield
1.61%
Next ex-date
Dec 14, 26
estimated · in 83 days
Annual dividend
$4.78
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$1.1095$1.1095$1.1676$1.1676$1.1676$1.1676$1.22$1.22
Annual yield1.93%2.24%2.44%2.51%2.04%1.61%1.79%1.53%
Ex-dateDec 9Mar 10Jun 23Sep 8Dec 15Mar 9Jun 22Sep 14
Payment dateJan 3Apr 1Jul 8Oct 1Jan 6Apr 1Jul 7Oct 1
View details

Institutions81.65%193.16M shares
2,035 holders · as of Jun 30, 2026
Insiders21.96%51.95M shares
28 holders · as of Aug 31, 2026
Adds to103.61%

236.58M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.

These groups come from separate filings that can overlap, so they add to 103.61%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Page 2 of 5 PagesInsider
10.90%25.79Mfiled Feb 12, 2021
Frederick W. Smith1,2Insiderdirector, officer: Executive Chairman
10.80%25.79Mfiled Apr 11, 2025
BlackRock, Inc.Institution
8.79%20.78Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
5.99%14.18Mas of Jun 30, 2026
State Street CorpInstitution
4.25%10.05Mas of Jun 30, 2026
  1. Frederick W. Smith's transaction reports restate only vehicles that traded; the 2022 ownership statement (25.79M) less the 241.3K net shares sold since is used instead.
  2. Frederick W. Smith reports a block also reported by Vanguard Capital Management LLC; it is counted once, under Vanguard Capital Management LLC.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 30, 2026Paul S. Walshdirector−5,042$324.56
Apr 15, 2026Susan C. Schwabdirector−5,795$369.00
Apr 15, 2026Tracy B. Brightmanofficer: EVP - Chief People Officer−16,959$363.47
Apr 14, 2026Gina F. Adamsofficer: EVP GENL COUNSEL/SECTY−20,450$366.45
Apr 14, 2026Brie Carereofficer: EVP/Chief Customer Officer−2,700$370.03
View details

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Compare

CompanyPriceChange
FedEx$295.02−0.26%$69.98B16.115.70.7+12.6%
UPS$95.53+0.82%$80.49B17.612.30.9+7.4%
Amazon$255.36−1.20%$2.78T20.827.43.6+19.6%
Old Dominion Freight Line$175.48+0.07%$36.47B33.828.16.5+10.4%
XPO$178.88+2.60%$20.41B51.430.32.4+13.2%
Median27.327.73.0+11.8%