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FedEx Freight Holding Co Inc FDXF

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Stock XNYS Rating as of
$130.64 −2.07 (1.56%)
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As of Cboe BZX Real-Time Price Open

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Fuel Surcharges Boosting FedEx Freight's Top-Line Performance, but Margins Tracking Our Forecasts

Matthew Young

FedEx Freight is by far the largest North American less-than-truckload carrier. FedEx Freight spun off from global parcel shipping behemoth FedEx on June 1, 2026. We believe both companies intend the separation to unlock shareholder value for FedEx Freight by enabling a more targeted strategic focus on LTL shipping, particularly in terms of capital allocation. In short, FedEx Freight now has a go-to-market strategy that’s more tailored to the LTL trucking industry rather than being bundled as part of a massive global express and ground parcel shipping enterprise. We believe the transaction puts FedEx Freight in a better position to compete effectively with its key high-quality public competitors Old Dominion, XPO, and SAIA.

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Price vs Fair Value

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FDXF is trading at a LOCK|g^QB&p premium.
Price
$132.64
Fair Value
<<Y
Uncertainty
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1-Star Price
LOCK|&.Sq
5-Star Price
t^
Economic Moat
LOCK|BMz
Capital Allocation
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Bulls Say, Bears Say

Bulls

FedEx Freight has built out a new dedicated salesforce focused on penetrating higher-margin customers in healthcare, grocery, and data center end markets.

Bears

While industrial end markets have improved, economic fallout from an oil price shock could temper demand in the year ahead.

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News

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Trading Information

Previous Close Price
$132.64
Day Range
$129.84–133.15
52-Week Range
$103.52–194.17
Bid/Ask
$130.63 / $130.77
Shares Outstanding
149.52M
Market Cap
$19.59B
Volume/Avg
388,014 / 2M

Key Statistics

Price/Earnings (Normalized)
20.47
Price/Sales
2.21
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

FedEx Freight is the largest North American LTL carrier, operating an expansive network of around 355 terminals and nearly 17,000 tractors. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. FedEx Freight splits its offerings into priority and economy options (linehaul shipments often use the Class-I railroad network).
Sector
Industrials
Industry
Integrated Freight & Logistics
Stock Style Box
—
Total Number of Employees
40,000
Website
https://www.fedex.com

Competitors

Valuation

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Metric
FDXF
ODFL
XPO
Price/Earnings (Normalized)
20.4731.0539.73
Price/Book Value
—7.5411.21
Price/Sales
2.216.162.51
Price/Cash Flow
12.5523.1218.58
Price/Earnings
FDXF
ODFL
XPO

Financial Strength

Metric
FDXF
ODFL
XPO
Quick Ratio
1.451.900.85
Current Ratio
1.632.040.99
Interest Coverage
4.552,222.694.24
Quick Ratio
FDXF
ODFL
XPO

Profitability

Metric
FDXF
ODFL
XPO
Return on Assets (Normalized)
12.84%20.26%7.61%
Return on Equity (Normalized)
—25.81%33.13%
Return on Invested Capital (Normalized)
13.14%25.41%13.22%
Return on Assets
FDXF
ODFL
XPO

Integrated Freight & Logistics Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
United Parcel Service Inc Class B
UPS
LOCK|?pvv$%%LOCK|c&$96B
FedEx Corp
FDX
LOCK|M^?s%QwLOCK|%w<S$76B
DHL AG ADR
DHLGY
LOCK|mP&v#VLOCK|FJ%>@$74B
Expeditors International of Washington Inc
EXPD
LOCK|l?F$dC^@LOCK|KJ$25B
JB Hunt Transport Services Inc
JBHT
LOCK|myM$pLLOCK|w!%d$21B
C.H. Robinson Worldwide Inc
CHRW
LOCK|Y>%Tk#zLOCK|>Dk$16B
ZTO Express (Cayman) Inc ADR
ZTO
LOCK|Xz^Zt$tLOCK|<B<k?$15B
Landstar System Inc
LSTR
LOCK|M&LzdnjXLOCK|bf$5B
Hub Group Inc Class A
HUBG
LOCK|Fkt&!dLOCK|cmfY!$1B

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