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Fedex Corp. (FDX) Stock Fundamental Analysis & AI Rating 2026

FDX NYSE Air Courier Services DE CIK: 0001048911
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-11-30
Combined AI Rating
HOLD
69% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
76% Conf

📊 FDX Key Takeaways

Revenue: $45.7B
Net Margin: 3.9%
Free Cash Flow: $2.3B
Current Ratio: 1.27x
Debt/Equity: 0.72x
EPS: $7.50
AI Rating: HOLD with 62% confidence
Fedex Corp. (FDX) receives a HOLD rating with 69% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $45.7B, net profit margin of 3.9%, and return on equity (ROE) of 6.3%, Fedex Corp. demonstrates mixed fundamentals in the Transportation sector. Below is our complete FDX stock analysis for 2026.

Is Fedex Corp. (FDX) a Good Investment?

Claude

FedEx demonstrates stable operational profitability with 5.6% operating margins and solid free cash flow generation of $2.3B, but faces headwinds from minimal revenue growth (0.3% YoY) and declining EPS (-2.3% YoY). The company maintains moderate leverage (0.72x debt/equity) and adequate liquidity, though returns on equity and assets remain modest.

ChatGPT

FedEx shows stable but low-quality fundamental performance, with essentially flat revenue and net income growth alongside modest free cash flow generation. The balance sheet remains manageable with adequate liquidity, but weak margins, low returns on capital, and only moderate interest coverage limit the upside from a fundamentals-only perspective.

Why Buy Fedex Corp. Stock? FDX Key Strengths

Claude
  • + Consistent free cash flow generation ($2.3B) provides financial flexibility
  • + Moderate leverage with 0.72x debt/equity ratio and adequate interest coverage of 3.4x
  • + Stable operating margins at 5.6% demonstrate operational efficiency in core business
  • + Substantial asset base ($89.2B) reflects market position in global logistics
ChatGPT
  • + Positive free cash flow with a 5.0% FCF margin supports financial flexibility
  • + Liquidity is adequate with current and quick ratios both at 1.27x
  • + Debt leverage is moderate at 0.72x debt-to-equity rather than excessively stretched

FDX Stock Risks: Fedex Corp. Investment Risks

Claude
  • ! Stagnant revenue growth of only 0.3% YoY indicates minimal market expansion or pricing power
  • ! Declining diluted EPS (-2.3% YoY) despite flat net income suggests shareholder dilution or increased tax burden
  • ! Weak return metrics (ROE 6.3%, ROA 2.0%) indicate suboptimal capital efficiency
  • ! High capital intensity ($1.4B capex) relative to $2.3B free cash flow limits financial flexibility
  • ! Low net margin of 3.9% leaves limited cushion for operational disruptions
ChatGPT
  • ! Revenue and net income growth are nearly flat, pointing to limited operating momentum
  • ! Profitability is thin with a 5.6% operating margin and 3.9% net margin
  • ! Interest coverage of 3.4x and long-term debt of $20.29B leave limited room if operating conditions weaken

Key Metrics to Watch

Claude
  • * Operating cash flow trend and working capital efficiency
  • * Revenue growth acceleration and pricing dynamics
  • * Capital expenditure requirements and free cash flow sustainability
  • * Debt levels and refinancing costs in changing interest rate environment
  • * Return on equity trajectory and capital allocation effectiveness
ChatGPT
  • * Operating margin and interest coverage
  • * Free cash flow growth versus capital expenditure needs

Fedex Corp. (FDX) Financial Metrics & Key Ratios

Revenue
$45.7B
Net Income
$1.8B
EPS (Diluted)
$7.50
Free Cash Flow
$2.3B
Total Assets
$89.2B
Cash Position
$6.6B

💡 AI Analyst Insight

Fedex Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

FDX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 5.6%
Net Margin 3.9%
ROE 6.3%
ROA 2.0%
FCF Margin 5.0%

FDX vs Transportation Sector: How Fedex Corp. Compares

How Fedex Corp. compares to Transportation sector averages

Net Margin
FDX 3.9%
vs
Sector Avg 10.0%
FDX Sector
ROE
FDX 6.3%
vs
Sector Avg 18.0%
FDX Sector
Current Ratio
FDX 1.3x
vs
Sector Avg 1.0x
FDX Sector
Debt/Equity
FDX 0.7x
vs
Sector Avg 1.0x
FDX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Fedex Corp. Stock Overvalued? FDX Valuation Analysis 2026

Based on fundamental analysis, Fedex Corp. has mixed fundamental signals relative to the Transportation sector in 2026.

Return on Equity
6.3%
Sector avg: 18%
Net Profit Margin
3.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.72x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Fedex Corp. Balance Sheet: FDX Debt, Cash & Liquidity

Current Ratio
1.27x
Quick Ratio
1.27x
Debt/Equity
0.72x
Debt/Assets
0.0%
Interest Coverage
3.44x
Long-term Debt
$20.3B

FDX Revenue & Earnings Growth: 5-Year Financial Trend

FDX 5-year financial data: Year 2021: Revenue $84.0B, Net Income $540.0M, EPS $2.03. Year 2022: Revenue $93.5B, Net Income $1.3B, EPS $4.90. Year 2023: Revenue $93.5B, Net Income $5.2B, EPS $19.45. Year 2024: Revenue $93.5B, Net Income $3.8B, EPS $14.33. Year 2025: Revenue $90.2B, Net Income $4.0B, EPS $15.48.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Fedex Corp.'s revenue has shown modest growth of 7% over the 5-year period. The most recent EPS of $15.48 reflects profitable operations.

FDX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.0%
Free cash flow / Revenue

FDX Quarterly Earnings & Performance

Quarterly financial performance data for Fedex Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $22.2B $909.0M $3.76
Q2 2026 $22.0B $741.0M $3.03
Q1 2026 $21.6B $794.0M $3.21
Q3 2025 $21.7B $879.0M $3.51
Q2 2025 $22.0B $741.0M $3.03
Q1 2025 $21.6B $794.0M $3.21
Q3 2024 $21.7B $771.0M $3.05
Q2 2024 $22.2B $788.0M $3.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Fedex Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$3.7B
Cash generated from operations
Stock Buybacks
$796.0M
Shares repurchased (TTM)
Capital Expenditures
$1.4B
Investment in assets
Dividends Paid
$687.0M
Returned to shareholders

FDX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Fedex Corp. (CIK: 0001048911)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 4 xslF345X06/form4.xml View →
Apr 16, 2026 4 xslF345X06/form4.xml View →
Apr 16, 2026 4 xslF345X06/form4.xml View →
Apr 16, 2026 4 xslF345X06/form4.xml View →
Apr 16, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about FDX

What is the AI rating for FDX?

Fedex Corp. (FDX) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FDX's key strengths?

Claude: Consistent free cash flow generation ($2.3B) provides financial flexibility. Moderate leverage with 0.72x debt/equity ratio and adequate interest coverage of 3.4x. ChatGPT: Positive free cash flow with a 5.0% FCF margin supports financial flexibility. Liquidity is adequate with current and quick ratios both at 1.27x.

What are the risks of investing in FDX?

Claude: Stagnant revenue growth of only 0.3% YoY indicates minimal market expansion or pricing power. Declining diluted EPS (-2.3% YoY) despite flat net income suggests shareholder dilution or increased tax burden. ChatGPT: Revenue and net income growth are nearly flat, pointing to limited operating momentum. Profitability is thin with a 5.6% operating margin and 3.9% net margin.

What is FDX's revenue and growth?

Fedex Corp. reported revenue of $45.7B.

Does FDX pay dividends?

Fedex Corp. pays dividends, with $687.0M distributed to shareholders in the trailing twelve months.

Where can I find FDX SEC filings?

Official SEC filings for Fedex Corp. (CIK: 0001048911) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FDX's EPS?

Fedex Corp. has a diluted EPS of $7.50.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FDX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Fedex Corp. has a HOLD rating with 69% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FDX stock overvalued or undervalued?

Valuation metrics for FDX: ROE of 6.3% (sector avg: 18%), net margin of 3.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy FDX stock in 2026?

Our dual AI analysis gives Fedex Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FDX's free cash flow?

Fedex Corp.'s operating cash flow is $3.7B, with capital expenditures of $1.4B. FCF margin is 5.0%.

How does FDX compare to other Transportation stocks?

Vs Transportation sector averages: Net margin 3.9% (avg: 10%), ROE 6.3% (avg: 18%), current ratio 1.27 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-11-30 | Powered by Claude AI