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FedEx Corporation (FDX)
NYSE:FDX
US Market

FedEx (FDX) Ratios

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FedEx Ratios

FDX's free cash flow for Q2 2026 was $0.26. For the 2026 fiscal year, FDX's free cash flow was decreased by $ and operating cash flow was $0.05. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.27 1.19 1.36 1.37 1.43
Quick Ratio
1.23 1.15 1.32 1.33 1.38
Cash Ratio
0.41 0.36 0.49 0.50 0.48
Solvency Ratio
0.14 0.14 0.15 0.13 0.13
Operating Cash Flow Ratio
0.51 0.46 0.62 0.65 0.69
Short-Term Operating Cash Flow Coverage
9.10 4.93 122.24 3.50 3.89
Net Current Asset Value
$ -40.39B$ -41.17B$ -41.22B$ -42.48B$ -40.69B
Leverage Ratios
Debt-to-Assets Ratio
0.42 0.43 0.43 0.44 0.43
Debt-to-Equity Ratio
1.34 1.33 1.37 1.47 1.49
Debt-to-Capital Ratio
0.57 0.57 0.58 0.60 0.60
Long-Term Debt-to-Capital Ratio
0.42 0.41 0.42 0.43 0.44
Financial Leverage Ratio
3.17 3.12 3.15 3.34 3.45
Debt Service Coverage Ratio
6.44 4.12 11.52 3.16 2.71
Interest Coverage Ratio
12.42 7.71 8.53 12.25 9.06
Debt to Market Cap
0.25 0.39 0.32 0.40 0.38
Interest Debt Per Share
157.45 157.22 155.10 152.49 144.04
Net Debt to EBITDA
2.98 3.04 2.87 3.08 3.17
Profitability Margins
Gross Profit Margin
23.24%21.60%21.61%21.26%21.57%
EBIT Margin
6.87%7.09%7.50%7.13%6.20%
EBITDA Margin
11.62%11.94%12.39%11.76%10.44%
Operating Profit Margin
6.81%6.92%7.25%5.45%6.68%
Pretax Profit Margin
6.47%6.19%6.66%5.95%5.24%
Net Profit Margin
4.81%4.65%4.94%4.41%4.09%
Continuous Operations Profit Margin
4.81%4.65%4.94%4.41%4.09%
Net Income Per EBT
74.43%75.21%74.21%74.06%78.15%
EBT Per EBIT
95.00%89.46%91.83%109.18%78.40%
Return on Assets (ROA)
4.86%4.67%4.98%4.56%4.45%
Return on Equity (ROE)
15.67%14.58%15.70%15.23%15.34%
Return on Capital Employed (ROCE)
8.41%8.42%8.63%7.26%9.10%
Return on Invested Capital (ROIC)
5.97%6.00%6.19%5.20%6.87%
Return on Tangible Assets
5.25%5.05%5.37%4.92%4.83%
Earnings Yield
5.05%7.72%6.88%7.17%6.48%
Efficiency Ratios
Receivables Turnover
7.41 7.73 8.69 8.85 7.88
Payables Turnover
14.83 18.67 21.56 18.45 18.20
Inventory Turnover
109.60 114.50 111.96 117.53 115.14
Fixed Asset Turnover
2.18 1.51 1.50 1.55 1.71
Asset Turnover
1.01 1.00 1.01 1.03 1.09
Working Capital Turnover Ratio
21.82 22.47 17.82 16.22 14.37
Cash Conversion Cycle
27.98 30.83 28.31 24.57 29.42
Days of Sales Outstanding
49.26 47.19 41.98 41.25 46.30
Days of Inventory Outstanding
3.33 3.19 3.26 3.11 3.17
Days of Payables Outstanding
24.62 19.55 16.93 19.79 20.06
Operating Cycle
52.59 50.38 45.24 44.35 49.47
Cash Flow Ratios
Operating Cash Flow Per Share
33.74 28.95 33.52 34.70 37.38
Free Cash Flow Per Share
17.89 12.27 12.65 10.40 11.67
CapEx Per Share
15.84 16.69 20.87 24.31 25.71
Free Cash Flow to Operating Cash Flow
0.53 0.42 0.38 0.30 0.31
Dividend Paid and CapEx Coverage Ratio
1.58 1.30 1.29 1.20 1.30
Capital Expenditure Coverage Ratio
2.13 1.74 1.61 1.43 1.45
Operating Cash Flow Coverage Ratio
0.22 0.19 0.22 0.23 0.26
Operating Cash Flow to Sales Ratio
0.09 0.08 0.09 0.10 0.11
Free Cash Flow Yield
5.21%5.62%4.98%4.77%5.20%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
19.80 12.95 14.54 13.94 15.44
Price-to-Sales (P/S) Ratio
0.93 0.60 0.72 0.61 0.63
Price-to-Book (P/B) Ratio
3.05 1.89 2.28 2.12 2.37
Price-to-Free Cash Flow (P/FCF) Ratio
19.18 17.78 20.08 20.96 19.25
Price-to-Operating Cash Flow Ratio
10.48 7.53 7.58 6.28 6.01
Price-to-Earnings Growth (PEG) Ratio
3.97 -4.71 1.24 1.86 -0.58
Price-to-Fair Value
3.05 1.89 2.28 2.12 2.37
Enterprise Value Multiple
10.95 8.09 8.67 8.19 9.15
Enterprise Value
114.59B 84.91B 94.20B 86.84B 89.36B
EV to EBITDA
10.95 8.09 8.67 8.49 9.35
EV to Sales
1.27 0.97 1.07 0.96 0.96
EV to Free Cash Flow
26.35 28.48 30.04 32.88 29.12
EV to Operating Cash Flow
13.98 12.07 11.33 9.85 9.09
Tangible Book Value Per Share
88.53 88.36 85.32 76.45 68.80
Shareholders’ Equity Per Share
115.80 115.53 111.22 102.71 94.83
Tax and Other Ratios
Effective Tax Rate
0.26 0.25 0.26 0.26 0.22
Revenue Per Share
370.75 361.84 353.60 354.94 355.56
Net Income Per Share
17.85 16.84 17.46 15.64 14.55
Tax Burden
0.74 0.75 0.74 0.74 0.78
Interest Burden
0.94 0.87 0.89 0.89 0.88
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.89 1.72 1.92 2.22 2.57
Currency in USD