FedEx Freight (FDXF) stock
Industrials · Cargo Ground Transportation
FedEx Freight (FDXF) is a Cargo Ground Transportation company in the Industrials sector, headquartered in Memphis, Tennessee. As of October 23, 2026, FDXF closed at $110.05, a market capitalization of $16.45 billion, the 439th largest company in the S&P 500. Over the last twelve months it generated $8.79 billion in revenue (+5% year over year) and -$212.00 million in free cash flow. The stock trades at 25.1x trailing earnings and 21.4x forward earnings.
- 52-week range: $105.75 – $200.00
- Gross margin 29.3%, operating margin -5.8%
- FI Handbook report card: D+ across 9 metrics
- 73rd largest of 83 Industrials stocks in the S&P 500
FDXF price chart
1Y price change: -27.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| FDXF | -7.7% | — | — | — | — | — | -54.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2026.
FDXF key statistics
- Market cap
- $16.5B
- #439 in S&P 500
- P/E (TTM)
- 25.1x
- Forward P/E
- 21.4x
- EPS (TTM)
- $4.38
- Revenue (TTM)
- $8.8B
- +5%
- Free cash flow
- -$212.0M
- Gross margin
- 29.3%
- Operating margin
- -5.8%
- Return on equity
- 69.1%
- Dividend yield
- None
- 52-week range
- $105.75 – $200.00
- Beta
- —
- Price / sales
- 1.9x
- EV / EBITDA
- 22.8x
- Debt / equity
- —
- Employees
- 40,000
FDXF report card
D+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth4.8%D
- Gross margin29.3%C
- Operating margin-5.8%F
- FCF margin-2.4%F
- Return on equity69.1%A
- Net debt / EBITDA6.2xF
- Forward P/E21.4xC
- PEG ratio——
- Shareholder yield0.0%F
- Share count change / yr0.0%C
FedEx Freight Holding Company financials
Revenue went from $9.4B in fiscal 2024 to $8.8B in fiscal 2026, shrinking 3.4% a year.
| Fiscal year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | $9.4B | $8.9B | $8.8B |
| Operating income | $1.8B | $1.4B | $540.0M |
| Net income | $1.6B | $1.3B | $655.0M |
| EPS (diluted) | $10.53 | $9.00 | $4.38 |
| Free cash flow | $1.1B | $1.1B | -$212.0M |
| Dividends paid | $0 | $0 | $48.0M |
| Diluted shares | 149.5M | 149.5M | 149.5M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into FDXF?
A reverse DCF asks what growth the current price requires. With an enterprise value of $22.6B and -$212.0M of trailing free cash flow, FedEx Freight Holding Company needs to grow free cash flow at a rate outside our model for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
FDXF analyst price targets
14 analysts' average 12-month target is $145.43 (+32% vs. $110.05). Targets range from $108.00 to $200.00. 64% rate it a buy.
Stocks like FDXF
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 ODFL Old Dominion Freight Line | -3.79% | +35% | $38.0B | 35.1x | Compare |
 JBHT J.B. Hunt Transport Services, I | -1.98% | +37% | $21.2B | 31.9x | Compare |
 CAT Caterpillar | -2.42% | +33% | $315.8B | 29.6x | Compare |
 GE GE Aerospace | -2.69% | -6% | $296.4B | 32.6x | Compare |
 RTX RTX | -1.90% | +8% | $257.8B | 31.1x | Compare |
 GEV GE Vernova | -1.50% | +37% | $217.1B | 23.4x | Compare |
 DE Deere & | +0.39% | +39% | $174.2B | 35.9x | Compare |
 UNP Union Pacific | -1.75% | +36% | $174.0B | 22.8x | Compare |
FDXF news
- FedEx Freight (FDXF) Collects More per Shipment as Volume Shrinks, Can Margins Recover? · Oct 21, 2026
- Earnings Preview: What To Expect From FedEx's Report · Oct 12, 2026
- FedEx Freight's Quarterly Earnings Preview: What You Need to Know · Oct 12, 2026
- The Margin Expansion Thesis for FedEx Freight Holding Company (FDXF) · Oct 9, 2026
- FedEx Freight Holding Company (FDXF) Stock Looks Reasonable After Its 23% Slump · Oct 9, 2026
FDXF stock FAQ
What is FDXF's market cap?
FedEx Freight's market capitalization is $16.45 billion as of October 23, 2026, ranking 439th in the S&P 500.
What is FDXF's P/E ratio?
FDXF trades at a trailing price-to-earnings ratio of 25.1x and a forward P/E of 21.4x. Its median P/E over the period we track is 25.0x.
Does FDXF pay a dividend?
No. FedEx Freight does not currently pay a regular cash dividend.
What is the FDXF price target?
14 analysts cover FDXF with an average 12-month price target of $145.43, +32% from the current price. 64% of them rate it a buy.
How many employees does FedEx Freight have?
FedEx Freight has about 40,000 full-time employees, or $219,875 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology