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FedEx (FDX)

(Delayed Data from NYSE)

$306.31 USD

306.31
1,294,572

-0.31 (-0.10%)

Updated Jul 19, 2024 04:00 PM ET

After-Market: $306.41 +0.10 (0.03%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

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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

A Value B Growth A Momentum A 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 12% (221 out of 250)

Industry: Transportation - Air Freight and Cargo

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.

5/31/2024 5/31/2023 5/31/2022 5/31/2021 5/31/2020
Assets          
Cash & Equivalents 6,501 6,856 6,897 7,087 4,881
Receivables 10,087 10,188 11,863 12,069 10,102
Notes Receivable NA 0 0 0 0
Inventories 614 604 637 587 572
Other Current Assets 1,005 962 968 837 828
Total Current Assets 18,207 18,610 20,365 20,580 16,383
Net Property & Equipment 41,491 40,698 38,091 35,752 33,608
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 6,423 6,435 6,544 6,992 6,372
Deposits & Other Assets 3,771 4,053 4,381 4,070 3,257
Total Assets 87,007 87,143 85,994 82,777 73,537
Liabilities & Shareholders Equity 5/31/2024 5/31/2023 5/31/2022 5/31/2021 5/31/2020
Notes Payable NA 0 0 0 0
Accounts Payable 3,189 3,848 4,030 3,841 3,269
Current Portion Long-Term Debt 68 126 82 146 51
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 7,635 7,222 7,719 7,465 5,101
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities 13,355 13,586 14,274 13,660 10,344
Mortgages NA 0 0 0 0
Deferred Taxes/Income 4,482 4,489 4,093 3,927 3,162
Convertible Debt NA 0 0 0 0
Long-Term Debt 20,135 20,453 20,182 20,733 21,952
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 6,400 7,164 8,019 6,914 7,589
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 59,425 61,055 61,055 58,609 55,242
Shareholders Equity 5/31/2024 5/31/2023 5/31/2022 5/31/2021 5/31/2020
Preferred Stock NA 0 0 0 0
Common Stock (Par) 32 32 32 32 32
Capital Surplus 3,988 3,769 3,712 3,481 3,356
Retained Earnings 38,649 35,259 32,782 29,817 25,216
Other Equity -1,359 -1,327 -1,103 -732 -1,147
Treasury Stock 13,728 11,645 10,484 8,430 9,162
Total Shareholder's Equity 27,582 26,088 24,939 24,168 18,295
Total Liabilities & Shareholder's Equity 87,007 87,143 85,994 82,777 73,537
Total Common Equity 127,581 26,088 24,939 24,168 18,295
Shares Outstanding 246.00 252.20 259.10 265.30 261.20
Book Value Per Share 518.62 103.44 96.25 91.10 70.04

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

All items in Millions except Per Share data.

5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Assets          
Cash & Equivalents -93,498 5,644 6,729 7,055 6,856
Receivables 10,087 9,904 10,665 10,207 10,188
Notes Receivable NA 0 0 0 0
Inventories 614 640 632 631 604
Other Current Assets 1,005 1,236 1,091 994 962
Total Current Assets 18,207 17,424 19,117 18,887 18,610
Net Property & Equipment 41,491 41,529 41,532 41,174 40,698
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles 6,423 6,425 6,468 6,422 6,435
Deposits & Other Assets 3,771 3,801 3,691 3,766 4,053
Total Assets 87,007 86,114 88,051 87,576 87,143
Liabilities & Shareholders Equity 5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable 3,189 3,780 4,002 3,794 3,848
Current Portion Long-Term Debt 68 67 334 351 126
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 7,635 7,014 7,479 7,284 7,222
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities 13,355 13,308 14,248 13,811 13,586
Mortgages NA 0 0 0 0
Deferred Taxes/Income 4,482 4,378 4,386 4,450 4,489
Convertible Debt NA 0 0 0 0
Long-Term Debt 20,135 20,122 20,193 20,145 20,453
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 6,400 7,236 7,298 7,164
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 59,425 59,739 61,285 61,042 61,055
Shareholders Equity 5/31/2024 2/29/2024 11/30/2023 8/31/2023 5/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) 32 32 32 32 32
Capital Surplus 3,988 3,898 3,849 3,800 3,769
Retained Earnings 38,649 37,174 36,605 36,021 35,259
Other Equity -1,359 -1,335 -1,294 -1,356 -1,327
Treasury Stock 13,728 13,394 12,426 11,963 11,645
Total Shareholder's Equity 27,582 26,375 26,766 26,534 26,088
Total Liabilities & Shareholder's Equity 87,007 86,114 88,051 87,576 87,143
Total Common Equity 127,581 26,375 26,766 26,534 26,088
Shares Outstanding 246.00 246.00 249.80 251.40 252.20
Book Value Per Share 518.62 107.22 107.15 105.54 103.44