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FedEx (FDX)

(Delayed Data from NYSE)

$270.15 USD

270.15
1,246,615

+3.16 (1.18%)

Updated Apr 22, 2024 04:00 PM ET

After-Market: $270.14 -0.01 (0.00%) 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%.

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

Bottom 22% (196 out of 250)

Industry: Transportation - Air Freight and Cargo

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Better trading starts here.

Income Statements

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 EPS data.

5/31/23 5/31/22 5/31/21 5/31/20 5/31/19
Sales 90,155 93,512 83,959 69,217 69,693
Cost Of Goods 27,699 29,233 24,556 20,622 20,543
Gross Profit 62,456 64,279 59,403 48,595 49,150
Selling & Adminstrative & Depr. & Amort Expenses 57,544 58,034 53,546 46,178 44,684
Income After Depreciation & Amortization 4,912 6,245 5,857 2,417 4,466
Non-Operating Income 1,145 -660 1,610 -76 -3,223
Interest Expense 694 689 793 672 588
Pretax Income 5,363 4,896 6,674 1,669 655
Income Taxes 1,391 1,070 1,443 383 115
Minority Interest 0 0 0 0 0
Investment Gains/Losses 0 0 0 0 0
Other Income/Charges 0 0 0 0 0
Income From Cont. Operations 3,972 3,826 5,231 1,286 540
Extras & Discontinued Operations 0 0 0 0 0
Net Income (GAAP) 3,972 3,826 5,231 1,286 540
Depreciation Footnote 5/31/23 5/31/22 5/31/21 5/31/20 5/31/19
Income Before Depreciation & Amortization 9,205 10,215 9,650 6,467 7,819
Depreciation & Amortization (Cash Flow) 4,293 3,970 3,793 4,050 3,353
Income After Depreciation & Amortization 4,912 6,245 5,857 2,417 4,466
Earnings Per Share Data 5/31/23 5/31/22 5/31/21 5/31/20 5/31/19
Average Shares 256.00 266.00 268.00 262.00 265.00
Diluted EPS Before Non-Recurring Items 14.96 20.61 18.17 9.50 15.52
Diluted Net EPS (GAAP) 15.48 14.33 19.45 4.90 2.03

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

All items in Millions except EPS data.

2/29/24 11/30/23 8/31/23 5/31/23 2/28/23
Sales 21,738.00 22,165.00 21,681.00 21,930.00 22,169.00
Cost Of Goods 6,485.00 6,723.00 6,137.00 6,100.00 6,752.00
Gross Profit 15,253.00 15,442.00 15,544.00 15,830.00 15,417.00
SG&A, R&D, and Dept/Amort Expenses 14,010.00 14,166.00 14,059.00 14,327.00 14,375.00
Income After SG&A, R&D, and Dept/Amort Expenses 1,243.00 1,276.00 1,485.00 1,503.00 1,042.00
Non-Operating Income 31.00 23.00 29.00 730.00 102.00
Interest Expense 91.00 97.00 91.00 303.00 122.00
Pretax Income 1,183.00 1,202.00 1,423.00 2,128.00 1,022.00
Income Taxes 304.00 302.00 345.00 590.00 251.00
Minority Interest 0.00 0.00 0.00 0.00 0.00
Investment Gains/Losses 0.00 0.00 0.00 0.00 0.00
Other Income/Charges 0.00 0.00 0.00 0.00 0.00
Income From Cont. Operations 879.00 900.00 1,078.00 1,538.00 771.00
Extras & Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Net Income (GAAP) 879.00 900.00 1,078.00 1,538.00 771.00
Earnings Per Share Data 2/29/24 11/30/23 8/31/23 5/31/23 2/28/23
Average Shares 250.43 253.00 254.00 254.00 253.00
Diluted EPS Before Non-Recurring Items 3.86 3.99 4.55 4.94 3.41
Diluted Net EPS (GAAP) 3.51 3.55 4.23 6.03 3.05