FedEx Corporation

FedEx Corporation

FDXยทNYSE

$324.46

-1.4%
IndustrialsIntegrated Freight & Logistics

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2022, this segment had approximately 30,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and document and business services, as well as retail access to its customers for its package transportation businesses. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee.

At a Glance

Live Snapshot
Market Cap$77.42B
EPS16.9600
P/E Ratio12.95
Earnings Date06/18/2026
FedEx Corporation

FedEx Corporation Fair Value Envelope

FDX ยท NYSE

Our analysis suggests that FDX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $324.46, this represents a potential HIDDEN relative to our calculated worth for FedEx Corporation.

Intrinsic Value
Current Price: $324.46

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$62.5B
+ Cash & Equivalents$5.5B
Firm Value$68.0B
- Debt$37.4B
Equity Value$30.6B
/ Shares Outstanding235,955,461B
DCF Value$130
OVERVALUED BY 60%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$6.7B
$6.4B
$6.0B
$5.7B
$5.5B
$5.2B
$4.9B
$4.7B
$4.5B
$4.2B
Maintenance CapEx
-$770.9M
-$732.8M
-$696.6M
-$662.2M
-$629.4M
-$598.3M
-$568.8M
-$540.6M
-$513.9M
-$488.5M
Owner Earnings
$5.9B
$5.6B
$5.3B
$5.1B
$4.8B
$4.6B
$4.4B
$4.1B
$3.9B
$3.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$5.5B
$4.8B
$4.2B
$3.7B
$3.3B
$2.9B
$2.5B
$2.2B
$2.0B
$1.7B
Terminal Value represents 47.2% of Enterprise Value