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FedEx FDX Price / earnings

Price / earnings at other companies

Old Dominion Freight Line logo
Old Dominion Freight LineODFL
40.4×+9.8×
Amazon logo
AmazonAMZN
28.3×-2.3×
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
15.9×0.0×
XPO
XPOXPO
65.5×+33.1×
Expeditors International of Washington logo
Expeditors International of WashingtonEXPD
22.8×+3.2×
JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
32.2×+5.9×

Other financials

Income statement

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Revenue$24.0B+8.3%
Operating income$1.3B+4.3%
Net income$1.1B+16.2%
EPS (diluted)$4.41+17.3%

Balance sheet

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Cash & equivalents$8.0B+56.0%
Total debt$43.2B+14.9%
Total equity$29.8B+11.6%
Total assets$94.7B+11.4%

Cash flow

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Operating cash flow$2.0B-0.9%
CapEx$955.0M-4.2%
Free cash flow$1.0B+2.3%

Valuation

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Market cap$77.77B+43.7%
Enterprise value$112.96B+31.7%
P/S0.9×+0.2×

Profitability

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Gross margin76%
Operating margin6.2%+0.5pp
Net margin4.9%+0.4pp

Returns & leverage

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Return on equity15.9%+1.1pp
Debt / equity1.4×0.0×
Current ratio1.5×+0.2×

Where this comes from

Calculated from FedEx’s reported figures.

Based on the most recent quarter.

The official record: FedEx’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FedEx's price / earnings?
FedEx (FDX) reported price / earnings of 20.3× in Q4 2025.
How has FedEx's price / earnings changed year-over-year?
FedEx's price / earnings increased by 25.6% year-over-year, from 16.2× to 20.3×.
What is the long-term trend for FedEx's price / earnings?
Over 4 years (2021 to 2025), FedEx's price / earnings has grown at a -10.2% compound annual growth rate (CAGR), from 101.8× to 66.1×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.