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FedEx (FDX)

(Delayed Data from NYSE)

$266.07 USD

266.07
1,696,414

-5.68 (-2.09%)

Updated Apr 24, 2024 04:00 PM ET

After-Market: $266.29 +0.22 (0.08%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value C Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 22% (195 out of 251)

Industry: Transportation - Air Freight and Cargo

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Better trading starts here.

Balance Sheet

Research for FDX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for FedEx Corporation falls in the month of May.

All items in Millions except Per Share data.

5/31/2023 5/31/2022 5/31/2021 5/31/2020 5/31/2019
Assets          
Cash & Equivalents 6,856 6,897 7,087 4,881 2,319
Receivables 10,188 11,863 12,069 10,102 9,116
Notes Receivable 0 0 0 0 0
Inventories 604 637 587 572 553
Other Current Assets 962 968 837 828 1,098
Total Current Assets 18,610 20,365 20,580 16,383 13,086
Net Property & Equipment 40,698 38,091 35,752 33,608 30,429
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 6,435 6,544 6,992 6,372 6,884
Deposits & Other Assets 4,053 4,381 4,070 3,257 4,004
Total Assets 87,143 85,994 82,777 73,537 54,403
Liabilities & Shareholders Equity 5/31/2023 5/31/2022 5/31/2021 5/31/2020 5/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 3,848 4,030 3,841 3,269 3,030
Current Portion Long-Term Debt 126 82 146 51 964
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 7,222 7,719 7,465 5,101 5,019
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 13,586 14,274 13,660 10,344 9,013
Mortgages 0 0 0 0 0
Deferred Taxes/Income 4,489 4,093 3,927 3,162 3,451
Convertible Debt 0 0 0 0 0
Long-Term Debt 20,453 20,182 20,733 21,952 16,617
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 7,164 8,019 6,914 7,589 7,565
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 61,055 61,055 58,609 55,242 36,646
Shareholders Equity 5/31/2023 5/31/2022 5/31/2021 5/31/2020 5/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 32 32 32 32 32
Capital Surplus 3,769 3,712 3,481 3,356 3,231
Retained Earnings 35,259 32,782 29,817 25,216 24,648
Other Equity -1,327 -1,103 -732 -1,147 -865
Treasury Stock 11,645 10,484 8,430 9,162 9,289
Total Shareholder's Equity 26,088 24,939 24,168 18,295 17,757
Total Liabilities & Shareholder's Equity 87,143 85,994 82,777 73,537 54,403
Total Common Equity 26,088 24,939 24,168 18,295 17,757
Shares Outstanding 252.20 259.10 265.30 261.20 260.50
Book Value Per Share 103.44 96.25 91.10 70.04 68.17

Fiscal Year End for FedEx Corporation falls in the month of May.

All items in Millions except Per Share data.

2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023
Assets          
Cash & Equivalents 5,644 6,729 7,055 6,856 5,373
Receivables 9,904 10,665 10,207 10,188 10,721
Notes Receivable 0 0 0 0 0
Inventories 640 632 631 604 631
Other Current Assets 1,236 1,091 994 962 1,219
Total Current Assets 17,424 19,117 18,887 18,610 17,944
Net Property & Equipment 41,529 41,532 41,174 40,698 39,849
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 6,425 6,468 6,422 6,435 6,455
Deposits & Other Assets 3,801 3,691 3,766 4,053 4,117
Total Assets 86,114 88,051 87,576 87,143 85,775
Liabilities & Shareholders Equity 2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023
Notes Payable 0 0 0 0 0
Accounts Payable 3,780 4,002 3,794 3,848 3,987
Current Portion Long-Term Debt 67 334 351 126 147
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 7,014 7,479 7,284 7,222 7,000
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 13,308 14,248 13,811 13,586 13,580
Mortgages 0 0 0 0 0
Deferred Taxes/Income 4,378 4,386 4,450 4,489 4,313
Convertible Debt 0 0 0 0 0
Long-Term Debt 20,122 20,193 20,145 20,453 20,122
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 7,053 7,298 7,164 7,654
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 59,739 61,285 61,042 61,055 61,042
Shareholders Equity 2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 32 32 32 32 32
Capital Surplus 3,898 3,849 3,800 3,769 3,735
Retained Earnings 37,174 36,605 36,021 35,259 34,040
Other Equity -1,335 -1,294 -1,356 -1,327 -1,308
Treasury Stock 13,394 12,426 11,963 11,645 11,766
Total Shareholder's Equity 26,375 26,766 26,534 26,088 24,733
Total Liabilities & Shareholder's Equity 86,114 88,051 87,576 87,143 85,775
Total Common Equity 26,375 26,766 26,534 26,088 24,733
Shares Outstanding 246.00 249.80 251.40 252.20 251.30
Book Value Per Share 107.22 107.15 105.54 103.44 98.42