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FedEx Valuation Multiples
Discover revenue and EBITDA valuation multiples for FedEx and similar public comparables like UPS, Canadian National Railway, Deutsche Post, DSV and more.
FedEx Overview
About FedEx
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In fiscal 2025, the firm's Federal Express segment—which houses the core package delivery operations—made up 86% of total revenue, with 10% coming from FedEx Freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
Founded
1997
HQ
Employees
2.6M
Website
Sectors
Financials (LTM)
EV
$122B
FedEx Financials
FedEx reported last 12-month revenue of $93B and EBITDA of $11B.
In the same LTM period, FedEx generated $62B in gross profit, $11B in EBITDA, and $5B in net income.
Revenue (LTM)
FedEx P&L
In the most recent fiscal year, FedEx reported revenue of $88B and EBITDA of $10B.
FedEx expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $93B | XXX | $88B | XXX | XXX | XXX |
| Gross Profit | $62B | XXX | $19B | XXX | XXX | XXX |
| Gross Margin | 66% | XXX | 22% | XXX | XXX | XXX |
| EBITDA | $11B | XXX | $10B | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| Net Profit | $5B | XXX | $4B | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 5% | XXX | XXX | XXX |
| Net Debt | — | — | $15B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
FedEx Stock Performance
FedEx has current market cap of $91B, and enterprise value of $122B.
Market Cap Evolution
FedEx's stock price is $387.25.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $122B | $91B | 0.0% | XXX | XXX | XXX | $18.84 |
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Start Free TrialFedEx Valuation Multiples
FedEx trades at 1.3x EV/Revenue multiple, and 11.4x EV/EBITDA.
EV / Revenue (LTM)
FedEx Financial Valuation Multiples
As of April 8, 2026, FedEx has market cap of $91B and EV of $122B.
Equity research analysts estimate FedEx's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
FedEx has a P/E ratio of 19.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $91B | XXX | $91B | XXX | XXX | XXX |
| EV (current) | $122B | XXX | $122B | XXX | XXX | XXX |
| EV/Revenue | 1.3x | XXX | 1.4x | XXX | XXX | XXX |
| EV/EBITDA | 11.4x | XXX | 11.6x | XXX | XXX | XXX |
| EV/EBIT | 18.9x | XXX | 20.0x | XXX | XXX | XXX |
| EV/Gross Profit | 2.0x | XXX | 6.4x | XXX | XXX | XXX |
| P/E | 19.5x | XXX | 20.6x | XXX | XXX | XXX |
| EV/FCF | 29.4x | XXX | 40.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified FedEx Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
FedEx Margins & Growth Rates
FedEx's revenue in the last 12 month grew by 5%.
FedEx's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.
FedEx's rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
FedEx's rule of X is 26% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
FedEx Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | 3% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 17% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 26% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 15% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
FedEx Public Comps
See public comps and valuation multiples for other Logistics & Air Freight comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| UPS | XXX | XXX | XXX | XXX | XXX | XXX |
| Canadian National Railway | XXX | XXX | XXX | XXX | XXX | XXX |
| Deutsche Post | XXX | XXX | XXX | XXX | XXX | XXX |
| DSV | XXX | XXX | XXX | XXX | XXX | XXX |
| Old Dominion Freight Line | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
FedEx M&A Activity
FedEx acquired XXX companies to date.
Last acquisition by FedEx was on XXXXXXXX, XXXXX. FedEx acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by FedEx
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialFedEx Investment Activity
FedEx invested in XXX companies to date.
FedEx made its latest investment on XXXXXXXX, XXXXX. FedEx invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by FedEx
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout FedEx
| When was FedEx founded? | FedEx was founded in 1997. |
| Where is FedEx headquartered? | FedEx is headquartered in United States. |
| How many employees does FedEx have? | As of today, FedEx has over 2M employees. |
| Who is the CEO of FedEx? | FedEx's CEO is Rajesh Subramaniam. |
| Is FedEx publicly listed? | Yes, FedEx is a public company listed on NYSE. |
| What is the stock symbol of FedEx? | FedEx trades under FDX ticker. |
| When did FedEx go public? | FedEx went public in 1978. |
| Who are competitors of FedEx? | FedEx main competitors are UPS, Canadian National Railway, Deutsche Post, DSV. |
| What is the current market cap of FedEx? | FedEx's current market cap is $91B. |
| What is the current revenue of FedEx? | FedEx's last 12 months revenue is $93B. |
| What is the current revenue growth of FedEx? | FedEx revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of FedEx? | Current revenue multiple of FedEx is 1.3x. |
| Is FedEx profitable? | Yes, FedEx is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of FedEx? | FedEx's last 12 months EBITDA is $11B. |
| What is FedEx's EBITDA margin? | FedEx's last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of FedEx? | Current EBITDA multiple of FedEx is 11.4x. |
| What is the current FCF of FedEx? | FedEx's last 12 months FCF is $4B. |
| What is FedEx's FCF margin? | FedEx's last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of FedEx? | Current FCF multiple of FedEx is 29.4x. |
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