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FedEx Corp

HAM:FDX (USA)   Ordinary Shares
€ 248.35 (+0.24%) Apr 29
15.33
P/B:
2.48
Market Cap:
€ 61.11B ($ 65.41B)
Enterprise V:
€ 90.87B ($ 97.28B)
Volume:
-
Avg Vol (2M):
6.00
Also Trade In:

Business Description

Description
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes 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. TNT was previously the fourth-largest global parcel delivery provider.