Fedex (FDX)

Company Profile

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

Analyst ratings and price targets

Last 3 months

Average target

$238.20

Low target

$145.00

High target

$295.00

Latest filings (excl ownership)

View all

IRAN

Disclosure regarding Iran Threat Reduction and Syria Human Rights Act

16 Mar 23

FedEx Corp. Reports Third Quarter Results

16 Mar 23

8-K

Amendments to Articles of Incorporation or Bylaws

6 Mar 23

8-K

FedEx Corp. Reports Second Quarter Results

20 Dec 22

Correspondence with SEC

23 Sep 22

S-8

Registration of securities for employees

22 Sep 22

Transcripts

View all

FDX

Earnings call transcript

2023 Q3

16 Mar 23

FDX

Earnings call transcript

2023 Q2

21 Dec 22

FDX

Earnings call transcript

2023 Q1

23 Sep 22

FDX

Earnings call transcript

2022 Q4

24 Jun 22

FDX

Earnings call transcript

2022 Q3

18 Mar 22

FDX

Earnings call transcript

2022 Q2

17 Dec 21

FDX

Earnings call transcript

2022 Q1

23 Sep 21

FDX

Earnings call transcript

2021 Q4

25 Jun 21

FDX

Earnings call transcript

2021 Q3

18 Mar 21

FDX

Earnings call transcript

2021 Q2

18 Dec 20

Latest ownership filings

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PRIMECAP MANAGEMENT CO/CA/

Financial summary

Financial statements Chart FDX financial data

Quarter (USD)	Feb 23	Nov 22	Aug 22	May 22
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)	5.37 bn	5.37 bn	5.37 bn	5.37 bn	5.37 bn	5.37 bn
Cash burn (monthly)	(no burn)	57.67 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	59.67 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	5.31 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	92.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Fedex earnings reports.

Institutional ownership, Q4 2022

FDX institutional ownership history Ownership history

72.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1433	1392	+2.9%
Opened positions	197	103	+91.3%
Closed positions	156	281	-44.5%
Increased positions	430	549	-21.7%
Reduced positions	617	522	+18.2%

13F shares	Current	Prev Q	Change
Total value	31.57 tn	28.39 bn	+111095.4%
Total shares	182.95 mm	176.51 mm	+3.6%
Total puts	8.00 mm	8.39 mm	-4.7%
Total calls	5.56 mm	6.63 mm	-16.2%
Total put/call ratio	1.4	1.3	+13.7%

Largest owners	Shares	Value	Change
Vanguard	19.05 mm	$3.30 tn	+1.1%
Dodge & Cox	17.33 mm	$3.00 tn	+0.5%
BLK Blackrock	16.69 mm	$2.89 tn	-0.8%
Primecap Management	13.92 mm	$2.41 tn	+0.3%
STT State Street	9.59 mm	$1.67 tn	NEW
Geode Capital Management	4.23 mm	$741.09 bn	+0.9%
T. Rowe Price	3.77 mm	$659.02 bn	-7.4%
MS Morgan Stanley	3.41 mm	$591.12 bn	+19.6%
Hotchkis & Wiley Capital Management	3.21 mm	$555.77 bn	+13.8%
BK Bank Of New York Mellon	2.97 mm	$514.89 bn	+42.7%

Largest transactions	Shares	Bought/sold	Change
STT State Street	9.59 mm	+9.59 mm	NEW
Norges Bank	2.24 mm	+2.24 mm	NEW
JPM JPMorgan Chase & Co.	2.81 mm	-1.90 mm	-40.3%
International Assets Investment Management	1.17 mm	+1.16 mm	+24422.8%
BK Bank Of New York Mellon	2.97 mm	+889.41 k	+42.7%
Susquehanna International	448.77 k	-740.40 k	-62.3%
FIL	870.43 k	-684.91 k	-44.0%
Amundi	828.34 k	-609.06 k	-42.4%
HBCYF HSBC	1.03 mm	+583.66 k	+131.6%
MS Morgan Stanley	3.41 mm	+559.61 k	+19.6%

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.

Recent insider trades

FDX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Jan 23	Richard W Smith	Common Stock	Gift	Acquire G	Yes	No	0	180	0.00	59,656
12 Jan 23	Richard W Smith	Common Stock	Gift	Dispose G	Yes	No	0	180	0.00	0
11 Jan 23	Richard W Smith	Common Stock	Gift	Acquire G	Yes	No	0	180	0.00	59,476
11 Jan 23	Richard W Smith	Common Stock	Gift	Acquire G	Yes	No	0	180	0.00	180
11 Jan 23	Richard W Smith	Common Stock	Gift	Dispose G	No	No	0	360	0.00	77,934
3 Jan 23	Amy B Lane	Common Stock	Buy	Acquire P	No	No	175.831	280	49.23 k	1,529
26 Sep 22	Ellison Marvin R	Common Stock	Grant	Acquire A	No	No	146.62	954	139.88 k	5,943
26 Sep 22	Ellison Marvin R	Stock Option Common Stock	Grant	Acquire A	No	No	146.62	4,727	693.07 k	4,727
26 Sep 22	Jabal Kim	Stock Option Common Stock	Grant	Acquire A	No	No	146.62	4,727	693.07 k	4,727
26 Sep 22	Griffith Susan Patricia	Common Stock	Grant	Acquire A	No	No	146.62	954	139.88 k	3,027