Fedex (FDX)

FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $75 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its nearly 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities.

Company profile

Ticker

FDX

Exchange

NYSE

Website

www.fedex.com

CEO

Frederick Smith

Incorporated

Delaware

Location

Tennessee

Fiscal year end

May 31

Sector

Transportation and Warehousing > Couriers and Express Delivery Services

Industry (SIC)

Air Courier Services

Air Transport Services • Air T ...

Former names

FDX CORP

SEC CIK

0001048911

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

A.C.N. 003 100 052 Pty Ltd • Capital Returns, Inc. • Controlled Opportunity and Risk Insurance Company • FCJI, Inc. • Federal Express Canada Corporation • Federal Express (China) Company Limited • Federal Express Corporation • Federal Express Europe, Inc. • Federal Express Holdings • Federal Express Holdings S.A., LLC ...

IRS number

621721435

FDX stock data

1M 1Y 5Y

News

From Benzinga Pro

Cameron Smith 'Smoked My Thumb And iPhone!' Fan Says, Here's How The Pro Golfer Made Up For It

17 Aug 22

Cameron Smith has been dominating golf headlines throughout the last few months. From a blistering putting display at St. Andrews to win the Open Championship, to rumors that the Australian upstart is leaving for the LIV Golf Tour, Smith has been getting a lot of airtime.

Spend $3,000 For Privilege To Build Your Own Peloton: Latest Efforts To Reinvigorate The Fitness Brand

17 Aug 22

Interactive fitness company Peloton Interactive (NASDAQ: PTON) has been undergoing a transformation in 2022 that includes a new CEO, cost cuts and employee layoffs. A new plan might include seeing customers assemble products themselves.

Analyzing FedEx Short Interest

10 Aug 22

FedEx Freight Announced Door Count Increase to 26,000

8 Aug 22

Berkshire Grey and FedEx Expand Their Robotic Automation Solutions Relationship; Berkshire Grey has Granted FedEx a Warrant to Purchase Common Stock Which Vests Incrementally

2 Aug 22

Press releases

From Benzinga Pro

FedEx Corp. Board Declares Quarterly Dividend

12 Aug 22

The Board of Directors of FedEx Corp. (NYSE:FDX) today declared a quarterly cash dividend of $1.15 per share on FedEx Corp. common stock. The dividend is payable October 3, 2022 to stockholders of record at the close of

FedEx Freight Announces Door Count Increase

11 Aug 22

FedEx Freight celebrated the opening of a new, 218-door facility in Phoenix, Ariz., earlier this summer. “The continued growth in the Phoenix market coupled with our expanded footprint with additional doors

FedEx Freight Announces Door Count Increase

8 Aug 22

FedEx Freight celebrated the opening of a new, 218-door facility in Phoenix, Ariz., earlier this summer. This press release features multimedia. View the full release here:

Vice Admiral Nancy A. Norton and Stephen E. Gorman Nominated to FedEx Board of Directors

8 Aug 22

Berkshire Grey and FedEx Expand Their Robotic Automation Solutions Relationship

4 Aug 22

Analyst ratings and price targets

Last 3 months

Average target

$296.00

Low target

$255.00

High target

$339.00

Calendar

18 Jul 22

18 Aug 22

31 May 23

Financial summary

Financial statements Chart FDX financial data

Quarter (USD)	May 22	Feb 22	Nov 21	Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	May 22	May 21	May 20	May 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	6.9B	6.9B	6.9B	6.9B	6.9B	6.9B
Cash burn (monthly)	(no burn)	15.83M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	41.4M	n/a	n/a	n/a	n/a
Cash remaining	n/a	6.86B	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	433.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Fedex earnings reports.

Recent insider trades

FDX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Aug 22	Carere Brie	Common Stock	Sell	Dispose S	No	No	228.8457	11,235	2.57M	16,366
12 Aug 22	Carere Brie	Common Stock	Option exercise	Acquire M	No	No	161.85	2,500	404.63K	27,601
12 Aug 22	Carere Brie	Common Stock	Option exercise	Acquire M	No	No	207.305	4,930	1.02M	25,101
12 Aug 22	Carere Brie	Common Stock	Option exercise	Acquire M	No	No	162.82	3,805	619.53K	20,171
12 Aug 22	Carere Brie	NQSO Common Stock	Option exercise	Dispose M	No	No	161.85	2,500	404.63K	14,530
12 Aug 22	Carere Brie	NQSO Common Stock	Option exercise	Dispose M	No	No	207.305	4,930	1.02M	0
12 Aug 22	Carere Brie	NQSO Common Stock	Option exercise	Dispose M	No	No	162.82	3,805	619.53K	0
5 Aug 22	Brannon Jill	Common Stock	Sell	Dispose S	Yes	No	237.773	1,406	334.31K	7,785
5 Aug 22	Brannon Jill	Common Stock	Sell	Dispose S	No	No	237	5,620	1.33M	8,113
5 Aug 22	Brannon Jill	Common Stock	Option exercise	Acquire M	No	No	143.545	5,620	806.72K	13,733

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

FDX institutional ownership history Ownership history

69.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1532	1530	+0.1%
Opened positions	161	104	+54.8%
Closed positions	159	177	-10.2%
Increased positions	567	686	-17.3%
Reduced positions	552	482	+14.5%

13F shares	Current	Prev Q	Change
Total value	41.2B	41.81B	-1.5%
Total shares	181.72M	181.2M	+0.3%
Total puts	9.13M	8.36M	+9.3%
Total calls	6.14M	6.7M	-8.4%
Total put/call ratio	1.5	1.2	+19.3%

Largest owners	Shares	Value	Change
Vanguard	18.62M	$4.22B	-0.9%
Dodge & Cox	17.43M	$3.95B	+0.6%
BLK Blackrock	16.9M	$3.83B	+2.7%
Primecap Management	13.43M	$3.05B	+1.5%
STT State Street	9.49M	$2.16B	-4.9%
TROW T. Rowe Price	5.02M	$1.14B	-10.5%
JPM JPMorgan Chase & Co.	4.29M	$973.47M	+41.9%
Geode Capital Management	4.12M	$931.24M	+0.6%
FMR	4.1M	$929.54M	+15.6%
MS Morgan Stanley	2.87M	$651.69M	+64.3%

Largest transactions	Shares	Bought/sold	Change
LGEN Legal & General	0	-1.68M	EXIT
JPM JPMorgan Chase & Co.	4.29M	+1.27M	+41.9%
Lazard Asset Management	141.77K	-1.13M	-88.9%
MS Morgan Stanley	2.87M	+1.12M	+64.3%
Mizuho Markets Americas	1.01M	+1.01M	NEW
Wellington Management	552.04K	-869.93K	-61.2%
Parametric Portfolio Associates	0	-804.29K	EXIT
Mawer Investment Management	799.43K	+799.43K	NEW
Boston Partners	787.95K	+787.95K	NEW
ACR Alpine Capital Research	713.49K	+713.49K	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Owens & Minor • ArcBest • United Parcel Service • Roadrunner Transportation Systems

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: ADV, Ambassador, ambition, Amy, ASR, Aurora, authentic, band, brighter, cellular, CEO, Championship, Computershare, concept, custodial, death, Delhivery, dignity, DIM, disciplined, dispatching, dye, electrophotography, Elroy, Embracing, enrolled, ethnic, excessive, EZONE, FCC, Fifteenth, Fourteenth, frontline, gender, GHz, gigahertz, GOC, heating, infant, injury, insight, intensifying, interference, Jennifer, Johnson, judge, judicial, jury, Krishnasamy, Lane, LIBOR, machine, mentoring, merchant, merged, notarization, Notary, OnDeck, onset, PACCAR, pair, penalty, Picture, planet, playoff, pre, proof, racial, recipient, recusal, Salesforce, seamlessly, sentiment, Shaw, sick, Similarly, smarter, SOFR, son, sought, spectrum, Sriram, Student, sublimation, supplier, Supreme, swiftly, Task, telecommunication, tendered, Thirteenth, tomorrow, traditionally, Ukraine, unanticipated, vaccine, Valence, Vena, ventilation, verdict, viable, Virginia, wrongful, ZipRecruiter

Removed: accessible, aggressive, archived, ATP, attacked, avoided, binding, bond, Bongo, buyout, capitalizing, Card, centralized, citizenship, claimed, collect, conversion, convey, copy, DC, decertified, density, departure, discovered, division, employing, enabler, enacting, encompassing, encrypting, entail, environmentally, evidenced, exploited, FC, FedExField, FedExForum, fiduciary, Flying, football, foreseeable, forward, freezing, friendly, GDPR, generation, Geneva, Golf, granting, graph, greatly, Guaranty, hosted, hosting, impressive, incidence, incident, inconsistent, infected, infiltration, insured, interoperability, intrastate, Invitational, irrevocable, ISO, jurisdictional, Lab, left, liquefied, lost, Mailing, meant, measurable, men, Merino, metric, misappropriated, mobility, negotiate, noted, opened, paperwork, permitting, petition, petitioned, Portability, protected, protectionist, quick, ransomware, realign, realizability, recycling, relying, representation, saved, sixteen, SmartPost, spreading, stadium, standby, statutorily, succeeding, surety, Switzerland, Teamster, Terrorism, TN, twelve, Uncollectible, venture, voluntarily, vote, voted, vulnerability, WannaCry, Washington, weighted, withdrawn, withdrew, won, WorldTariff, zone

From filing 10-K 2022 FY

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