About FedEx Corporation
FedEx Corporation (FDX) is a Industrials company in the Air Courier Services industry with a market capitalisation of $76.5B. The stock trades at 19.63x trailing earnings and yields 1.5%.
- Sector
- Industrials
- Industry
- Air Courier Services
- Market cap
- $76.5B
- P/E ratio
- 19.63
- EPS (TTM)
- $18.55
- Revenue (TTM)
- $94.7B
- Free cash flow
- $5.1B
- Profit margin
- 0.0%
- Dividend yield
- 1.5%
- Shares outstanding
- 234.2M
Financial health: Weak4.5/10
2 strengths, 3 concerns. Weakest points: return on equity, net margin, payout ratio.
- Debt to equity: 0.76 (Watch, benchmark < 0.5) β Debt of 0.76x equity is moderate against the 0.5x benchmark. It has been broadly flat over the last 4 years.
- Net debt vs cash flow: 2.1y (Strong, benchmark < 4 years) β Net debt of $10.7B is 2.1x annual free cash flow β about 2 years of cash flow to repay.
- Current ratio: 1.48 (Watch, benchmark > 1.5) β Short-term assets cover 1.48x short-term liabilities, against Graham's 1.5x floor. It has been broadly flat over the last 4 years.
- Return on equity: 0.0% (Concern, benchmark > 15%) β Earns 0.0% on shareholder equity, well short of the > 15% mark.
- Gross margin: 21.7% (Watch, benchmark > 40%) β Keeps 21.7% of revenue after the direct cost of sales, short of the > 40% mark.
- Net margin: 0.0% (Concern, benchmark > 10%) β Turns 0.0% of revenue into profit, well short of the > 10% mark.
- Free cash flow: $5.1B (Strong, benchmark positive) β Generated $5.1B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 7.7% (Watch, benchmark > 10%) β Revenue changed 7.7% year on year, short of the > 10% mark.
- Earnings growth: 8.3% (Watch, benchmark > 10%) β Earnings changed 8.3% year on year, short of the > 10% mark.
- Payout ratio: 30994811.6% (Concern, benchmark < 60%) β Pays out 30994811.6% of earnings as dividends β above the level usually considered sustainable.