FedEx FDX Ratios & Valuation
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 6.2%-0.1pp | 6.3%+0.3pp | 6%+0.1pp | 5.9%+0.3pp | 5.7%0.0pp | |
| Net margin | 4.9%+0.1pp | 4.8%+0.2pp | 4.7%0.0pp | 4.7%+0.2pp | 4.5%0.0pp | |
| Returns | ||||||
| Return on equity | 15.9%0.0pp | 15.9%+0.9pp | 15%+0.3pp | 14.7%-0.1pp | 14.8%+0.2pp | |
| Return on invested capital | 7%-0.1pp | 7%+0.4pp | 6.6%+0.1pp | 6.5%+0.2pp | 6.3%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 1×0.0× | 1×0.0× | 1×0.0× | 1×0.0× | 1×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.5×+0.2× | 1.3×0.0× | 1.2×+0.1× | 1.2×0.0× | 1.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×+0.1× | 1.4×0.0× | 1.4×0.0× | 1.4×-0.1× | 1.4×0.0× | |
| Net debt / EBITDA | 3.5×+0.3× | 3.2×-0.2× | 3.4×0.0× | 3.4×-0.1× | 3.5×0.0× | |
| Valuation | ||||||
| Market capitalization | $90.99B+39.9% | $65.05B+19.3% | $54.52B+3.5% | $52.65B-16.8% | $63.32B-14.4% | |
| Price / earnings | 20.3×+5.3× | 15×+1.8× | 13.2×+0.4× | 12.9×-3.3× | 16.2×-2.9× | |
| Price / sales | 1×+0.3× | 0.7×+0.1× | 0.6×0.0× | 0.6×-0.1× | 0.7×-0.1× | |
| Price / book | 3.1×+0.7× | 2.3×+0.3× | 2×+0.1× | 1.9×-0.5× | 2.4×-0.4× | |
| EV / EBITDA | 12.6×+2.8× | 9.8×+0.7× | 9.1×+0.1× | 9×-1.3× | 10.3×-1.2× | |
| Dividend yield | 1.5%-0.6pp | 2.1%-0.4pp | 2.5%-0.1pp | 2.5%+0.5pp | 2.1%+0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are FedEx's profit margins?
- FedEx (FDX) runs a 76.0% gross margin and a 6.2% operating margin, with a 4.9% net margin.
- Where do FedEx's ratios come from?
- Every ratio is computed from FedEx's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
