Earnings in 4d
FDXF · NYSE · Integrated Freight & Logistics

FedEx Freight

Moves less-than-truckload freight through a North American service-center network.

$133.60
After-hours close+0.10 (+0.07%)
At close$133.50(+0.19%)
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Profile

FedEx Freight Holding Company, Inc.FDXFIndustrials

Provides less-than-truckload freight service through time-definite Priority and value-oriented Economy offerings, supplemented by specialized services and multi-carrier tools. Revenue depends on consolidating shipments across an integrated North American service-center network, with most activity domestic.

Consolidates less-than-truckload shipments through an integrated service-center network, selling time-definite Priority and lower-cost Economy service alongside Volume Services, Retail Flex, Freight Direct, Custom Critical, and LTL Select. Most activity is domestic, with coverage across the United States, Canada, and Mexico, plus delivery to most points in Puerto Rico and the U.S. Virgin Islands.

Uses cross-docking, network scale, a dedicated LTL salesforce, and routing, planning, visibility, and forecasting tools to match pickup, linehaul, and delivery capacity. Freight volumes and utilization depend on North American goods activity, while operations are subject to transportation, safety, customs, environmental, data, and AI rules. The FedEx brand and supporting technology services are governed by post-separation agreements.

Company facts

CEOJohn A. Smith
ListedJun 1, 2026
ExchangeNYSE
HeadquartersMemphis, TN
CountryUnited States
Employees40,000
CIK0002082247
ISINUS3143521058

Key statistics

Market cap$19.95B
EPS (ttm)$3.87
P/E (ttm)34.48
ROE49.5%
P/B−40.14
P/S2.28
Dividend yield
Beta

Year to date −11.6% · Average volume (30d) 1.1M

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate$4.67
ReportedFY ends May 2027

Revenue

Estimate$9.12B
ReportedFY ends May 2027

History

Fiscal yearEPS estEPSSurpriseRevenue estRevenueSurprise
2026$4.12$3.87$8.80B$8.74B−0.7%
2025$8.90$8.89B
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Financial highlights

8 quartersQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$2.09B$2.37B$2.20B$2.14B$1.99B$2.41B
Gross profit$596.0M$817.5M$650.0M$572.0M$494.0M$780.0M
Operating income$242.0M$454.5M$199.0M$66.0M−$6.0M$281.0M
Net income$251.0M$189.5M$223.0M$120.0M$51.0M$158.0M
Diluted EPS$2.06$1.59$1.84$0.99−$0.02$1.06
Gross margin28.5%34.5%29.6%26.7%24.8%32.4%
Operating margin11.6%19.2%9.1%3.1%-0.3%11.7%

Fiscal years (4-quarter sums)FY25 $8.89B · FY26 $8.74B

Revenue by product · FY26

Other$408.0M · 100%

Revenue by geography · FY26

United States$8.55B · 97%
Non-US$243.0M · 3%

Balance sheet, May 31, 2026Cash & short-term investments $251.0M · Total debt $6.37B · Total assets $6.88B · Shareholders' equity −$497.0M

Dividends

No dividends on record.

Ownership

Institutions 77.41%115.74M sharesInsiders 0.15%229.0K sharesOther 22.44%33.54M shares

Shares outstanding 149.51M · Float 119.26M · 79.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
FedEx Corporation29.75M19.90%13GAug 7, 2026
BlackRock, Inc.8.35M7.00%13GJul 28, 2026
Vanguard Capital Management8.19M5.50%13GJul 31, 2026
Dodge & Cox7.18M4.80%13FAug 13, 2026
Vanguard Portfolio Management LLC4.86M3.25%13FAug 13, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Old Dominion Freight Line

    Leading national LTL rival across standard and expedited freight.

  • XPO

    National LTL rival with large-scale, technology-enabled service.

  • Saia

    National LTL rival expanding coverage and expedited freight options.

  • TFI International

    National and cross-border LTL rivalry through TForce Freight.

  • ArcBest

    National LTL alternative backed by ABF Freight and logistics technology.

  • Amazon

    New national LTL entrant pairing freight capacity with a digital portal.

CompareAfter-hours close

CompanyPriceChange
FedEx Freight$133.60+0.07%$19.95B34.527.52.3
Old Dominion Freight Line$199.00+0.19%$41.31B38.331.87.4+10.4%
XPO$188.56+0.01%$22.08B55.632.12.6+13.2%
Saia$352.25−0.03%$9.40B34.027.72.8+17.1%
TFI International$133.75+0.33%$10.96B30.318.71.2+51.2%
ArcBest$136.54−0.05%$3.05B197.916.80.7+15.9%
Amazon$266.10−0.11%$2.87T21.428.53.7+19.6%
Median36.128.12.7+16.5%