Friday 6 November 2026
Export FDX’s income statement to Excel — free account
FedEx Corporation
FDX Industrials Integrated Freight & Logistics
FedEx Corporation’s revenue for fiscal 2026 (year ended May 2026) was $94.7 billion, up 7.73% from fiscal 2025.
- Revenue
- +11.9%
- EPS
- −68.5%
- Free cash flow
- +62.2%
- Total debt
- −18.3%
Quarter to September 2026, against a year earlier
317.76
11.64
−3.53%
Follow FDX
Alert me
| May '26 | May '25 | May '24 | May '23 | May '22 | May '21 | May '20 | May '19 | May '18 | May '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
7 | 6 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 8 |
P/E ratio |
17.78 | 10.13 | 11.53 | 11.04 | 12.22 | 12.49 | 20.74 | 61.17 | 11.56 | 13.67 |
Altman Z-Score |
2.56 | 2.32 | 2.41 | 2.29 | 2.40 | 2.52 | 1.92 | 2.80 | 3.23 | 3.02 |
P/S ratio |
0.86 | 0.47 | 0.57 | 0.48 | 0.50 | 0.77 | 0.39 | 0.46 | 0.80 | 0.67 |
Altman Z″-Score (non-manufacturers) |
2.93 | 2.66 | 2.73 | 2.52 | 2.62 | 2.63 | 2.23 | 3.03 | 3.18 | 3.19 |
P/FCF ratio |
20.58 | 26.83 | 69.34 | 15.83 | 11.28 | 9.57 | 0.00 | 0.00 | 0.00 | 13,566.89 |
P/Operating CF |
24.47 | 16.45 | 18.43 | 12.68 | 13.31 | 23.62 | 14.69 | 13.93 | 14.95 | 17.81 |
Beneish M-Score |
(2.65) | (2.53) | (2.72) | (2.87) | (2.78) | (2.55) | (2.37) | (2.83) | (2.38) | (2.60) |
Dividend Safety Score |
70 | — | — | — | — | — | — | — | — | — |
P/B ratio |
2.52 | 1.48 | 1.80 | 1.68 | 1.87 | 2.68 | 1.46 | 1.80 | 2.70 | 2.53 |
Price to Tangible BV |
3.97 | 1.93 | 2.35 | 2.22 | 2.53 | 3.77 | 2.24 | 2.93 | 4.22 | 4.56 |
EV/Sales |
0.95 | 0.64 | 0.72 | 0.64 | 0.64 | 0.94 | 0.63 | 0.68 | 1.01 | 0.86 |
EV/EBITDA |
7.75 | 4.86 | 5.73 | 5.14 | 4.60 | 6.83 | 5.39 | 4.99 | 7.66 | 6.22 |
EV/Operating CF |
9.87 | 8.03 | 7.63 | 4.80 | 4.31 | 5.11 | 6.11 | 6.05 | 10.66 | 6.83 |
EV/FCF |
22.68 | 36.59 | 88.45 | 20.80 | 14.51 | 11.60 | (22.64) | (240.65) | (31.98) | 17,220.89 |
Quick Ratio |
1.37 | 1.09 | 1.24 | 1.25 | 1.31 | 1.40 | 1.45 | 1.27 | 1.22 | 1.46 |
Current Ratio |
1.48 | 1.19 | 1.36 | 1.37 | 1.43 | 1.51 | 1.58 | 1.45 | 1.39 | 1.59 |
Net Debt/EBITDA |
1.26 | 1.59 | 1.37 | 1.49 | 1.31 | 1.43 | 2.65 | 1.95 | 1.72 | 1.45 |
Debt/Assets |
25.99% | 23.48% | 23.22% | 23.62% | 23.56% | 25.22% | 29.92% | 32.32% | 31.69% | 30.75% |
Debt/Equity |
0.81 | 0.73 | 0.73 | 0.79 | 0.81 | 0.86 | 1.20 | 0.99 | 0.85 | 0.93 |
Asset Turnover |
1.02 | 1.01 | 1.01 | 1.04 | 1.11 | 1.07 | 1.08 | 1.31 | 1.30 | 1.28 |
Operating CF/Net income |
2.01 | 1.72 | 1.92 | 2.23 | 2.57 | 1.94 | 3.96 | 10.39 | 1.02 | 1.65 |
Capex/Depreciation |
(0.85) | (0.92) | (1.14) | (1.42) | (1.68) | (1.52) | (1.44) | (1.61) | (1.62) | (1.66) |
Interest Coverage |
5.63 | 6.61 | 7.46 | 7.08 | 9.06 | 7.39 | 3.60 | 7.60 | 7.66 | 8.92 |
| 14.85% | 14.70% | 16.14% | 15.57% | 15.58% | 24.64% | 7.13% | 2.91% | 25.77% | 20.08% | |
| 4.75% | 4.69% | 4.97% | 4.59% | 4.53% | 6.69% | 2.01% | 1.01% | 9.06% | 6.34% | |
ROIC |
7.75% | 7.56% | 8.42% | 7.71% | 10.19% | 9.64% | 4.27% | 8.45% | 8.16% | 10.56% |
Return on Tangible Assets |
8.69% | 9.17% | 9.35% | 8.69% | 8.66% | 12.26% | 3.24% | 1.57% | 14.35% | 9.77% |
Average Days of Receivables |
48.83 | 47.19 | 41.98 | 41.25 | 46.30 | 52.47 | 53.27 | 47.74 | 47.30 | 45.98 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
35.73% | 35.52% | 35.31% | 34.41% | 34.28% | 35.94% | 36.16% | 35.55% | 36.36% | 36.45% |
Intangible Assets out of Total Assets |
0.07 | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.09 | 0.13 | 0.13 | 0.15 |
Share Based Compensation of Revenue |
0.19% | 0.18% | 0.19% | 0.20% | 0.20% | 0.24% | 0.24% | 0.25% | 0.26% | 0.26% |
Graham Net Nets |
(0.49) | (0.99) | (0.83) | (0.97) | (0.87) | (0.59) | (1.45) | (0.74) | (0.37) | (0.49) |
Graham Number |
0.00 | 210.98 | 208.63 | 189.81 | 175.95 | 201.14 | 88.25 | 55.10 | 166.80 | 123.36 |
Earnings Yield |
5.63% | 9.87% | 8.68% | 9.06% | 8.19% | 8.00% | 4.82% | 1.63% | 8.65% | 7.31% |
Free Cash Flow Yield |
4.86% | 3.73% | 1.44% | 6.32% | 8.86% | 10.45% | (7.25%) | (0.61%) | (3.92%) | 0.01% |
Revenue per Share |
399.66 | 364.84 | 353.60 | 354.94 | 355.56 | 318.03 | 265.20 | 266.00 | 245.13 | 226.76 |
Operating CF per Share |
37.66 | 29.20 | 33.52 | 34.83 | 37.38 | 38.39 | 19.53 | 21.42 | 17.51 | 18.53 |
Capex per Share |
(15.66) | (16.35) | (20.41) | (23.98) | (25.36) | (21.90) | (22.40) | (20.64) | (21.05) | (18.73) |
Free Cash Flow per Share |
22.00 | 12.85 | 13.10 | 10.86 | 12.03 | 16.49 | (2.87) | 0.79 | (3.55) | (0.19) |
Cash per Share |
56.16 | 22.83 | 26.21 | 26.99 | 26.22 | 26.84 | 18.70 | 8.85 | 12.23 | 14.92 |
Shareholders Equity per Share |
133.53 | 116.49 | 111.22 | 102.71 | 94.83 | 91.55 | 70.10 | 67.77 | 72.72 | 60.42 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
133.53 | 116.49 | 111.22 | 102.71 | 94.83 | 91.55 | 70.10 | 67.77 | 72.72 | 60.42 |
Free Cash Flow |
5,213.00 | 3,096.00 | 3,250.00 | 2,758.00 | 3,163.00 | 4,353.00 | (749.00) | 206.00 | (947.00) | (51.00) |
Working Capital |
8,991.00 | 2,975.00 | 4,852.00 | 5,024.00 | 6,091.00 | 6,920.00 | 6,039.00 | 4,073.00 | 3,714.00 | 4,710.00 |
Capital Expenditures |
(3,712.00) | (3,940.00) | (5,062.00) | (6,090.00) | (6,669.00) | (5,782.00) | (5,846.00) | (5,407.00) | (5,621.00) | (4,981.00) |
Net Current Asset Value |
(39,387.00) | (41,167.00) | (41,218.00) | (42,445.00) | (40,690.00) | (38,029.00) | (38,859.00) | (23,560.00) | (19,573.00) | (19,851.00) |
EV/EBIT |
16.78 | 10.84 | 11.41 | 11.69 | 9.61 | 13.41 | 18.14 | 10.56 | 15.41 | 11.31 |
Capex to Sales |
0.04 | 0.04 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.08 | 0.09 | 0.08 |
Price to Operating Income |
15.22 | 7.95 | 8.94 | 8.90 | 7.47 | 11.06 | 11.06 | 7.14 | 12.29 | 8.91 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.10 | 0.10 | 0.11 | 0.11 | 0.10 | 0.11 | 0.12 | 0.11 | 0.12 | 0.12 |
Cash ROIC |
7.38% | 5.72% | 5.99% | 5.15% | 6.07% | 8.35% | (1.66%) | 0.55% | (2.41%) | (0.15%) |
Accounts Receivable Turnover |
7.88 | 8.20 | 8.65 | 8.18 | 7.81 | 7.57 | 7.20 | 7.92 | 8.14 | 8.12 |
Accounts Payable Turnover |
6.90 | 7.42 | 7.28 | 7.03 | 7.43 | 6.91 | 6.55 | 6.84 | 6.45 | 5.76 |
Inventory Turnover |
43.54 | 42.01 | 42.09 | 44.64 | 47.77 | 42.37 | 36.66 | 38.11 | 35.56 | 32.48 |
Average Days of Payables |
57.07 | 52.76 | 45.41 | 50.71 | 50.32 | 57.09 | 57.86 | 53.84 | 58.81 | 61.24 |
Days of Inventory on Hand |
8.82 | 8.60 | 8.74 | 7.96 | 7.95 | 8.73 | 10.12 | 9.83 | 10.37 | 11.44 |
Average Receivables |
12,020.00 | 10,727.50 | 10,137.50 | 11,025.50 | 11,966.00 | 11,085.50 | 9,609.00 | 8,798.50 | 8,040.00 | 7,425.50 |
Average Payables |
4,009.50 | 3,440.50 | 3,518.50 | 3,939.00 | 3,935.50 | 3,555.00 | 3,149.50 | 3,003.50 | 2,864.50 | 2,848.00 |
Average Inventory |
635.50 | 608.00 | 609.00 | 620.50 | 612.00 | 579.50 | 562.50 | 539.00 | 519.50 | 505.00 |
Average Assets |
93,282.00 | 87,317.00 | 87,075.00 | 86,568.50 | 84,385.50 | 78,157.00 | 63,970.00 | 53,366.50 | 50,441.00 | 47,255.50 |
Average Common Equity |
29,860.50 | 27,828.00 | 26,835.00 | 25,513.50 | 24,553.50 | 21,231.50 | 18,026.00 | 18,586.50 | 17,744.50 | 14,928.50 |
Columns are period end dates · fundamentals updated 2 Nov 2026