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FedEx (FDX) EV-to-EBIT

: 14.31 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FedEx's Enterprise Value is $97,571 Mil. FedEx's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $6,819 Mil. Therefore, FedEx's EV-to-EBIT for today is 14.31.

The historical rank and industry rank for FedEx's EV-to-EBIT or its related term are showing as below:

FDX' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.56   Med: 15.92   Max: 679.2
Current: 14.31

During the past 13 years, the highest EV-to-EBIT of FedEx was 679.20. The lowest was 6.56. And the median was 15.92.

FDX's EV-to-EBIT is ranked worse than
60.09% of 852 companies
in the Transportation industry
Industry Median: 11.68 vs FDX: 14.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FedEx's Enterprise Value for the quarter that ended in Feb. 2024 was $93,137 Mil. FedEx's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $6,819 Mil. FedEx's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 7.32%.


FedEx EV-to-EBIT Historical Data

The historical data trend for FedEx's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FedEx Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.65 27.95 15.21 15.87 14.24

FedEx Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.01 14.24 15.08 14.51 13.66

Competitive Comparison

For the Integrated Freight & Logistics subindustry, FedEx's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FedEx EV-to-EBIT Distribution

For the Transportation industry and Industrials sector, FedEx's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FedEx's EV-to-EBIT falls into.



FedEx EV-to-EBIT Calculation

FedEx's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=97571.099/6819
=14.31

FedEx's current Enterprise Value is $97,571 Mil.
FedEx's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,819 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FedEx  (NYSE:FDX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

FedEx's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 ) =EBIT / Enterprise Value (Q: Feb. 2024 )
=6819/93136.78657
=7.32 %

FedEx's Enterprise Value for the quarter that ended in Feb. 2024 was $93,137 Mil.
FedEx's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,819 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FedEx EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of FedEx's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


FedEx (FDX) Business Description

Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
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.
Executives
John W Dietrich officer: EVP CHIEF FINANCIAL OFF
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Erwin Guy M Ii officer: STAFF VP INT PRIN ACCT OFFICER 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Jennifer L Johnson officer: CVP PRIN ACCT OFFICER 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Michael C. Lenz officer: EVP CHIEF FINANCIAL OFF 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Robert B Carter officer: EVP CHIEF INFO OFFICER 942 S SHADY GROVE RD, MEMPHIS TN 38120
Tracy B Brightman officer: EVP - Chief People Officer 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Stephen E Gorman director 370 KNOLLWOOD STREET, SUITE 500, WINSTON SALEM NC 27103
Susan C Schwab director 2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith officer: President/CEO FedEx Express 3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
Frederick W Smith director, officer: CHAIRMAN OF THE BOARD 942 S SHADY GROVE RD, MEMPHIS TN 38120
Brie Carere officer: EVP/Chief Mkt & Comm Officer 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
R Brad Martin director
Paul S Walsh director 8 HENRIETTA PLACE, LONDON X0 94111

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