FedEx Corporation (FDX) is currently priced at $385.06, showing a decrease of $-2.83 (-0.731%) compared to the previous close at $387.89. With a trading volume of $213,483, trading volume relative to average stands at 11.29%. The asset's performance reflects a slight decline, influenced by market conditions.
In the latest quarterly earnings report released on Wednesday, March 18th, FDX reported an earnings per share of $5.25, surpassing the consensus estimate of $4.15. This positive earnings surprise indicates robust financial performance during the period.
FedEx offers a forward dividend yield of 1.51%, with a dividend per share MRQ of $1.45. Year-over-year, the dividend per share has increased by 6.1111 cents, while the trailing twelve months dividend per share stands at $5.8. These dividend metrics showcase the company's commitment to rewarding shareholders.
The company's cash flow statement reveals a net change in cash of $5.12 billion, with operating cash flow at $1.99 billion. Noteworthy is the debt repayment of $-3.62 billion, contributing to a healthy cash position at the end of the period, totaling $11.69 billion.
Key financial ratios indicate FDX's performance metrics, including a net profit margin of 4.4%, return on equity of 3.54%, and a price-to-earnings ratio of 22.26. These ratios provide insights into the company's profitability, efficiency, and market valuation.
FedEx's balance sheet highlights total assets of $94.73 billion and total liabilities of $64.93 billion. The net debt position stands at $34 billion, reflecting the company's financial position and leverage.
This real-time financial report on FedEx Corporation provides a snapshot of its current performance and key financial indicators.
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2022, this segment had approximately 30,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and document and business services, as well as retail access to its customers for its package transportation businesses. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee.