Skip to Content

FedEx Corp FDX Stock Quote

| Rating as of


Market Closed

| Currency in USD

  • Last Close 264.92
  • Sector Industrials
  • Industry Integrated Freight & Logistics
  • Investment Style Large Value
  • Day Range 263.66  –  270.46
  • Year Range 147.98  –  270.95
  • Market Cap 66.6063 Bil
  • Volume / Avg 2.4 Mil /  1.9 Mil
  • Price / Sales 0.76
  • Price / Book 2.51
  • Forward Div Yield 2.03%
  • Trailing Div Yield 1.82%

Morningstar‘s Stock Analysis FDX

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


FedEx Earnings: Global Package Demand Still Sluggish, but Ground Margins Impress This Quarter

Matthew Young Senior Equity Analyst

Analyst Note

| Matthew Young |

FedEx's fiscal first-quarter (ended August) revenue fell 7% year over year on persistent volume declines and falling yields at express, along with normalizing less-than-truckload, or LTL, tonnage at freight. Express' softer package activity stems in part from muted retail sector restocking and lost business from the United States Postal Service, which recently tweaked its delivery strategy. Revenue came in slightly shy of our expectations due mostly to yield pressure at express—including the steep correction in demand-driven surcharges. That said, express' volume declines are easing, core pricing at ground still looks healthy, and ground volume trends flipped positive (up 0.6%) on easier comps and as customers diverted shipments away from UPS due to the Teamsters strike threat.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics FDX

Company Profile FDX

Business Description

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

942 South Shady Grove Road
Memphis, TN, 38120
Industry Integrated Freight & Logistics
Employees 787,400

Related Articles FDX

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of FDX’s competitive advantage.

FedEx Corp


Old Dominion Freight Line Inc Ordinary Shares


United Parcel Service Inc Class B


DHL Group

−$1.52 (0.57%) +$3.09 (0.76%) +$0.37 (0.24%) +$0.34 (0.88%)
Market Cap
66.61 Bil44.71 Bil133.18 Bil45.91 Bil
Integrated Freight & Logistics Trucking Integrated Freight & Logistics Integrated Freight & Logistics

* Trading data in this section is delayed by at least 15 minutes.

FAQs for FedEx Corp Stock

Yes. FDX has a forward dividend yield of 1.82%. See FDX’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

FDX’s market cap is 66.61 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

FDX’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

FDX’s price/sales is 0.76.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

FDX’s price/forward earnings is 16.18.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

FDX’s price/book is 2.51.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See FDX’s valuation ratios compared to the Market Index.

FDX’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare FDX’s historical performance against its industry peers and the overall market.