FedEx Corporation

FedEx Corporationverified

FDX

Price:

$283.04

Market Cap:

$69.33B

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, ...[Read more]

Industry

Integrated Freight & Logistics

IPO Date

1978-04-12

Stock Exchange

NYSE

Ticker

FDX

The Current Ratio as of September 2024 (TTM) for FedEx Corporation (FDX) is 1.36

According to FedEx Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of 1.33% compared to the average of 1.35 of the last 4 quarters.

FedEx Corporation (FDX) Historical Current Ratio (quarterly & annually)

How has FDX Current Ratio performed in the past?

The mean historical Current Ratio of FedEx Corporation over the last ten years is 1.50. The current 1.36 Current Ratio has changed 8.98% with respect to the historical average. Over the past ten years (40 quarters), FDX's Current Ratio was at its highest in in the February 2015 quarter at 2.00. The Current Ratio was at its lowest in in the February 2020 quarter at 1.21.

Quarterly (TTM)
Annual

Average

1.50

Median

1.47

Minimum

1.36

Maximum

1.84

FedEx Corporation (FDX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of FedEx Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.09%

Maximum Annual Current Ratio = 1.84

Minimum Annual Increase = -18.49%

Minimum Annual Current Ratio = 1.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.36-0.54%
20231.37-3.93%
20221.43-5.30%
20211.51-4.88%
20201.589.09%
20191.454.77%
20181.39-13.09%
20171.596.50%
20161.50-18.49%
20151.840.76%

FedEx Corporation (FDX) Average Current Ratio

How has FDX Current Ratio performed in the past?

The current Current Ratio of FedEx Corporation (FDX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.39

5-year avg

1.45

10-year avg

1.50

FedEx Corporation (FDX) Current Ratio vs. Peers

How is FDX’s Current Ratio compared to its peers?

FedEx Corporation’s Current Ratio is greater than GXO Logistics, Inc. (0.86), greater than J.B. Hunt Transport Services, Inc. (1.21), less than Expeditors International of Washington, Inc. (1.53), less than C.H. Robinson Worldwide, Inc. (1.42), greater than Hub Group, Inc. (1.32), less than Landstar System, Inc. (2.17), greater than Forward Air Corporation (1.33),

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