Companies /Industrials

Fedex Corp

NYSE: FDX Integrated Freight & Logistics

24/7 Wall St. View

FDX at a Glance

Valuation
Market cap
$72.9B
P/E ratio
16.6
Dividend yield
1.83%
Profitability
Revenue (TTM)
$94.7B
Profit margin
4.7%
EPS (TTM)
$18.55
Price
52-week range
$198 – $343
24/7 target
$370.26
Street target
$354.77
Earnings
Next report
Dec 16, 2026
Q4 2026 EPS
$6.31
vs. $5.95 est.
+6.0%

Headquartered in Memphis, TN Fiscal year ends May NYSE: FDX fedex.com

About FedEx

FedEx Corporation provides transportation, e-commerce and business services to customers and businesses worldwide. It reports annual revenue of about $90 billion and employs more than 450,000 people.

Following the June 1, 2026 spin-off of its less-than-truckload business FedEx Freight, FedEx reports two primary segments:
- **Express U.S. Domestic:** U.S. priority, deferred and ground parcel delivery, plus U.S. freight.
- **Express International:** international priority, international economy and international intra-country package services, plus international priority and economy air freight.

Other operations include FedEx Office and FedEx Dataworks, its data and digital insights business. FedEx retains a 19.9% stake in FedEx Freight, carried at fair value. It sold its FedEx Supply Chain logistics subsidiary to CMA CGM Group on October 1, 2026.

The company positions itself as a B2B parcel and air freight provider. It is pursuing a multi-year transformation, including the Network 2.0 and Tricolor network optimization initiatives, to reduce cost-to-serve. It holds an investment in InPost as a consortium member and targets carbon-neutral operations by 2040. FedEx changed its fiscal year end from May 31 to December 31. Updated

Revenue by Segment · Q4 2026
  1. Federal Express86%
  2. FedEx Freight10%
  3. Federal Express Freight Services7%

Latest Activity

FDXFedEx
Q3 2026
EPS
$4.98
est $3.38+47.4%
Revenue
$22.93B
est $22.58B+1.5%

Express U.S. Domestic adjusted operating margin expanded to 10.3% from 6.9% in the prior quarter, with adjusted EPS of 47% above consensus beating expectations. Ignore the GAAP headline: a $4.49 billion gain on the retained 19.9% FedEx Freight stake makes it meaningless as an operating read.

Quarterly EPS — reported vs estimate
UPSUnited Parcel Service
Q3 2026
EPS
$1.69
est $1.62+4.0%
Revenue
$22.85B
est $22.28B+2.6%

Pricing power is carrying the quarter: U.S. domestic revenue per piece rose 6.1% even as daily volume slipped, and management raised full-year guidance heading into peak shipping season. Both the top and bottom lines came in ahead of estimates for a fourth straight quarter.

Quarterly EPS — reported vs estimate

FDX Coverage

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Frequently Asked Questions

What does FedEx do?

FedEx Corporation provides transportation, e-commerce and business services to customers and businesses worldwide. It reports annual revenue of about $90 billion and employs more than 450,000 people.

What is the FDX stock price target?

24/7 Wall St.'s 12-month price target for FDX is $370.26, rated Buy. The Wall Street consensus target is $354.77. FDX price prediction →