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FedEx Corp (FDX)

合理估值
IndustrialsIntegrated Freight & LogisticsUnited States

基本面

71

价格

$285.08

市值

$68.55B

第一部分 · 这家公司值多少

概览

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.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users

P/E: 17.4Score: 62Market cap: $67.29B

FedEx's 10-K names UPS as its principal competitor, going after the same express, ground and international parcel customers with an almost identical air-and-ground network.

P/E: 20.0Score: 69Market cap: $2.69T

Flagged in the 10-K as emerging competition: Amazon Logistics now runs its own hubs, aircraft and delivery fleet, absorbing parcel volume FedEx used to carry and selling delivery to third-party shippers.

P/E: 33.4Score: 70Market cap: $36.27B

The reference operator in U.S. less-than-truckload shipping, competing directly with the FedEx Freight segment for the same industrial LTL customers and lanes.

P/E: 52.1Score: 64Market cap: $20.68B

A pure-play U.S. LTL carrier whose CEO calls FedEx Freight a competitor today and tomorrow; both bid for the same palletized freight from manufacturers and distributors.

DHL Group (formerly Deutsche Post AG)DHL

Cited first among FedEx's international competitors: DHL Express moves the same cross-border documents and parcels for the same multinational shippers, with a stronger base in Europe and Asia.

United States Postal Service (USPS)Not tracked

Named in the 10-K as a U.S. competitor: its Priority Mail and parcel services take the same domestic e-commerce and light-package volume FedEx Ground competes for, though it is a federal agency and not listed.

资产负债表与流动性

营收

$94.72B

最近12个月(截至2026/5/31)

净利润

$4.43B

最近12个月(截至2026/5/31)

自由现金流

$5.12B

股东权益合计

$31.65B

负债合计

$67.29B

流动比率

1.48

利息覆盖率

5.63

债务/EBITDA

4.60

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

一般情形合理估值

公允价值

$246.21

当前价格

$285.08

安全边际

-15.8%

公允价值区间

$164.91 - $327.50

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$355.10
现金流折现法(DCF):$236.05
市盈率法(P/E):$277.92
格雷厄姆成长公式:$138.68
盈利能力价值(EPV):$152.96
合理市净率(P/B):$191.66
股息折现模型(戈登模型):$78.22
P/FFO(运营资金):$595.28
周期中段收益:$531.28
市销率法(P/S):$1113.10
分析师共识:买入 (24B / 9H / 2S)
最近财报超预期:+5.52%

估值指标

市盈率(P/E)

15.37

ROE

14.0%

市净率(P/B)

2.13

P/FCF

13.18

毛利率

-

ROIC

5.4%

盈利能力雷达图

价值创造(经济护城河)

ROIC

5.4%

WACC

7.6%

ROIC − WACC

-2.3 pp

ROIC 低于资本成本:公司每投入一美元都在毁灭价值。

基本面分析标准

通过(21)

  • EPS shows upward trend
  • EPS CAGR 27.21%
  • Price CAGR 7.60%
  • ROIC 5.4%
  • P/FCF 13.18
  • P/B Ratio 2.13
  • Debt/Equity ratio
  • Operating Margin 5.8%
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 15.1%
  • Analyst Consensus 69% Buy
  • Earnings Surprise avg 2.6%
  • Earnings Quality (OCF/NI) 2.01
  • Share Dilution -1.8%
  • Net Margin Trend 4.7% vs 4.7%
  • Piotroski F-Score 5/9

未通过(4)

  • CapEx intensity
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Revenue Growth 5Y 2.4%

不可用(3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-评分

5/9

信号混杂:部分领域需关注

score
criteria

盈利质量

2.01

高质量:盈利有现金流支撑

股权稀释

-1.8%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Mr. Rajesh SubramaniamPresident, CEO & Director59
Mr. Vishal TalwarExecutive VP, Chief Digital & Information Officer and President of FedEx Dataworks48
Ms. Tracy B. BrightmanExecutive VP & Chief People Officer62
Ms. Brie A. CarereExecutive VP & Chief Customer Officer47
Mr. R. Brad MartinExecutive Chairman73
Mr. Claude F. RussEnterprise VP of Finance, Interim CFO & Interim Chief Accounting Officer49
Ms. Jenifer HollanderVice President of Investor Relations-
Ms. Gina F. AdamsExecutive VP, General Counsel & Secretary66
Ms. Jill C. BrannonExecutive VP & Chief Sales Officer61
Ms. Lisa Suzanne LissonPresident of Air Operations56

审计风险

3

董事会风险

5

薪酬风险

10

股东权利风险

6

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-07-20

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-03-19

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-29

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for FDX, sourced from Markets Gazette.

  • 8/27/2026NEUTRAL
    The supply-chain savant: How FedEx CEO Raj Subramaniam leads through ‘reglobalization’

    FedEx CEO Raj Subramaniam is navigating the company through a period of 'reglobalization,' characterized by shifting trade routes, tariffs, and geopolitical conflicts. The company aims to leverage these disruptions to its advantage in the global supply chain. While the article highlights Subramaniam's strategic approach, it does not provide specific financial performance metrics or forward-looking guidance that would directly impact the stock price in the short term. Investors will be watching how FedEx's strategy translates into operational efficiency and profitability amidst evolving global trade dynamics.

  • 8/13/2026POSITIVE
    Trump’s tariff was a $1,000 tax on you last year. This year, maybe you’ll get a small refund in your bank account

    FedEx, alongside UPS and DHL, is set to refund customers directly following a court ruling that invalidated Trump-era import taxes. This move, while providing a direct financial benefit to some clients, contrasts with the broader retail industry's strategy of passing savings through price reductions. The refunds are a consequence of the legal challenge against specific tariffs, which has now been resolved in favor of the shipping companies and their customers. For investors, this indicates a resolution of a past cost burden for logistics firms, potentially improving their operational margins going forward.

  • 6/23/2026POSITIVE
    FedEx Projects Profit Growth This Year

    FedEx Corporation announced fiscal fourth-quarter earnings that surpassed Wall Street's expectations, coupled with a projection for profit growth in the current year. This positive outlook is attributed to the successful implementation of cost-cutting measures, indicating improved operational efficiency. Analysts note that these results suggest the company is effectively navigating its cost structure, which could lead to enhanced shareholder value. The market will be closely watching for continued execution on these strategies to sustain the growth trajectory.

  • 6/17/2026NEUTRAL
    How To Earn $500 A Month From FedEx Stock Ahead Of Q4 Earnings

    FedEx is set to report its fourth-quarter earnings on June 23rd, with analysts forecasting earnings per share of $5.92, a decrease from the previous year's figures. Despite the anticipated year-over-year decline, Barclays has reiterated an 'Overweight' rating on the stock. This suggests that while headline numbers might show a dip, the firm sees underlying strengths or positive future prospects for FedEx. Investors will be closely watching the earnings call for management's outlook on cost-saving initiatives and future demand trends.

  • 6/1/2026NEGATIVE
    FedEx Freight Shares Fall in First Trading Day After Spinoff

    FedEx Freight Corporation's shares experienced a decline on their inaugural trading day as an independent entity. This debut performance suggests initial investor sentiment may be cautious or that the market is reassessing the standalone valuation of the freight division post-spinoff from FedEx Corp. Investors will be closely monitoring future earnings reports and strategic announcements to gauge the long-term viability and growth prospects of the newly independent company.

  • 5/4/2026NEGATIVE
    Amazon is taking on FedEx and UPS. That may not be so simple.

    FedEx shares experienced a notable decline following news that Amazon is intensifying its efforts to compete in the logistics and delivery market. While Amazon's expansion into this space poses a potential long-term threat, some analysts suggest the immediate disruptive impact may be less significant than initially feared. Investors are closely monitoring how FedEx and UPS will adapt their strategies to counter Amazon's growing capabilities in parcel delivery, which could pressure margins and market share for established players.

  • 3/21/2026NEUTRAL
    Benzinga Bulls And Bears: FedEx, Micron, SoFi — And Markets Volatile As Iran War Continues

    This article from Benzinga's Bulls and Bears series provides a mixed outlook on several stocks, including FedEx, Micron, and SoFi, amidst ongoing market volatility influenced by geopolitical events like the Iran war. While specific financial data or catalysts for these companies are not detailed in this excerpt, the mention of market volatility suggests a cautious investor sentiment. The analysis aims to guide investors through the complex market environment, highlighting potential opportunities and risks across different equities without offering a definitive directional call on any single asset in this snippet.

  • 3/20/2026POSITIVE
    FedEx Delivers Biggest Profitable US Share Gains In Two Decades

    FedEx Corporation (FDX) shares experienced significant gains, marking their largest profitable advance in the US market over two decades. This surge follows Bank of America's decision to raise its price target for FDX to $440. The company's strong third-quarter earnings report and an upward revision of its 2026 financial guidance indicate substantial future growth prospects. These positive developments are likely to attract further investor interest and potentially lead to sustained upward momentum for the stock.

via Markets Gazette