NYSE · FDX
FedEx Corporation
Industrials · Integrated Freight & Logistics
$305.29▲ 1.18% ($3.57)today
As of 11:22 AM ET
Market cap
$72.23B
P/E
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 64.55% over the last year. Revenue grew 7.73% over the trailing twelve months. Operating margin moved from 6.87% to 6.74%. Free cash flow grew 71.62% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 15th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 6.74%. Revenue grew 7.73% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Performance
Return analysis
Company profile
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.
Market multiples
Stock splits
Every 1000 shares became 1241
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
28
Buy
18
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 28, 2026
Q3 FY26 · EPS est $3.63 · Revenue est $21.52B
View
Dividends
$4.78/shareQuarterlyDividend Achiever · 23yrSafeFDX pays a dividend with a 1.56% dividend yield, 23 consecutive years of growth, growing at 16.23% annually, covered 3.7× by free cash flow.
Dividend Yield
1.56%
Annual Div / Share
$4.78
5yr CAGR
+16.23%
Doubles every ~4.6yr
Payout Ratio
30.99%
Safe
Dividend Growth Rate
3yr CAGR
+7.21%
5yr CAGR
+16.23%
10yr CAGR
+16.41%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$2/mo
In 10 yrs
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$16/yr $1/mo | $28/yr+76% $2/mo | $49/yr+211% $4/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 1.56% → 4.86% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
FDX has raised its dividend for 23 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 3.7× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 16.23% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.