FedEx Corporation Financial Ratios — FDX Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Return on Common Equity (%)	13.57	16.91	14.22	6.94	12.65	20.08	25.77	2.91	7.13	24.64	15.58	15.57	16.14	14.7	14.85
Return on Assets (%)	7.09	8.56	6.98	3.02	4.41	6.34	9.06	1.01	2.01	6.69	4.53	4.59	4.97	4.69	4.75
Return on Capital (%)	12.41	15.05	12.01	5.68	8.2	11.38	- -	2.87	4.02	10.17	7.11	7.09	7.53	7.16	7.39
Return on Invested Capital (%)	12.82	17.16	11.89	6.54	8.22	10.19	- -	11.07	4.9	8.14	8.32	6.28	7.26	6.98	7.28
Gross Margin (%)	20.41	24.31	21.38	18.03	20.51	22.08	21.55	21.27	19.28	21.38	21.57	21.26	21.61	21.6	21.77
EBITDA Margin (%)	12.73	16.89	14.05	10.02	11.33	12.54	11.84	11.68	9.34	11.63	11.22	10.55	12.07	11.71	11.6
Operating Margin (%)	7.78	11.5	8.37	4.52	6.11	7.57	7.11	6.87	4.12	7.11	6.98	5.92	7.18	6.86	6.99
Incremental Operating Margin (%)	25.27	110.39	-99.92	-88.65	32.07	14.96	1.68	3.16	406.3	21.17	5.76	35.3	-38.99	-114.16	8.7
Pretax Margin (%)	7.36	9.8	8.03	3.43	5.44	7.59	6.65	0.94	2.41	7.95	5.24	5.95	6.66	6.19	6.12
Profit Margin (%)	4.76	6.13	5.1	2.21	3.61	4.97	6.99	0.77	1.86	6.23	4.09	4.41	4.94	4.65	4.68
Net Income to Common Margin (%)	4.76	6.13	5.1	2.21	3.61	4.97	6.99	0.77	1.86	6.23	4.09	4.41	4.94	4.65	4.68
Effective Tax Rate (%)	35.31	37.39	36.47	35.46	33.58	34.55	- -	17.56	22.95	21.62	21.85	25.94	25.79	24.79	23.48
Dvd Payout Ratio (%)	8.07	6.52	8.05	21.62	15.22	14.21	11.7	126.48	52.8	13.11	20.73	29.63	29.07	32.72	30.99
Sustainable Growth Rate (%)	12.48	15.81	13.08	5.44	10.72	17.22	22.75	-0.77	3.37	21.41	12.35	10.95	11.45	9.89	10.24

Credit (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Total Debt	1,667	2,990	4,737	7,268	13,762	14,931	16,585	17,581	36,121	36,462	37,194	38,332	37,719	37,416	42,943
ST Debt	417	251	1	19	29	22	1,342	964	1,974	2,354	2,525	2,516	2,531	3,993	5,101
LT Debt	1,250	2,739	4,736	7,249	13,733	14,909	15,243	16,617	34,147	34,108	34,669	35,816	35,188	33,423	37,842
Total Debt/EBITDA	0.31	0.4	0.74	1.53	2.41	1.97	2.14	2.16	5.59	3.73	3.54	4.03	3.56	3.63	3.91
Net Debt/EBITDA	-0.22	-0.26	0.29	0.74	1.79	1.45	1.72	1.88	2.57	1.36	1.23	1.44	1.29	1.46	1.13
Total Debt/EBIT	0.5	0.59	1.24	3.39	4.47	3.27	3.57	3.67	12.67	6.1	5.7	7.18	5.99	6.2	6.48
Net Debt/EBIT	-0.35	-0.38	0.48	1.64	3.32	2.4	2.86	3.19	5.83	2.22	1.98	2.57	2.18	2.5	1.87
EBITDA to Interest Expense	104.48	91.22	40.01	20.23	16.99	14.77	13.88	13.84	9.62	12.32	15.23	13.71	14.21	13.05	11.33
EBITDA-CapEx/Interest Expense	104.48	91.22	40.01	20.23	16.99	14.77	13.88	13.84	9.62	12.32	15.23	13.71	14.21	13.05	11.33
EBIT to Interest Expense	63.85	62.12	23.84	9.12	9.16	8.92	8.34	8.14	4.24	7.53	9.47	7.69	8.45	7.65	6.83
Interest Expense	52	82	160	235	336	512	558	588	672	793	689	694	745	789	970
Common Equity/Total Assets	49.25	51.83	46.2	41.04	29.99	33.1	37.1	32.64	24.88	29.2	29	29.94	31.7	32.04	31.99
Long-Term Debt/Equity (%)	8.49	15.74	31	48.35	99.63	92.76	78.51	93.58	186.65	141.13	139.02	137.29	127.58	119.05	119.58
Long-Term Debt/Capital (%)	7.62	13.43	23.66	32.56	49.85	48.09	42.34	47.02	62.75	56.26	55.8	55.6	53.89	51.04	50.73
Long-Term Debt/Total Assets (%)	4.18	8.16	14.32	19.84	29.88	30.71	29.13	30.54	46.44	41.2	40.32	41.1	40.44	38.14	38.25
Total Debt/Equity (%)	11.32	17.19	31.01	48.48	99.84	92.89	85.42	99.01	197.44	150.87	149.14	146.93	136.75	133.28	135.69
Total Debt/Capital (%)	10.17	14.67	23.67	32.65	49.96	48.16	46.07	49.75	66.38	60.14	59.86	59.5	57.76	57.13	57.57
Total Debt/Total Assets (%)	5.57	8.91	14.32	19.9	29.94	30.75	31.69	32.32	49.12	44.05	43.25	43.99	43.35	42.7	43.4
Net Debt to Equity	-7.99	-11.08	11.97	23.38	74.2	68.2	68.6	85.95	90.94	54.89	51.72	52.6	49.68	53.7	39.19
Net Debt/Capital (%)	-8.68	-12.46	10.69	18.95	42.6	40.55	40.69	46.22	33.59	24.78	23.35	23.84	23.3	25.13	20.24
EBITDA	5,433	7,480	6,402	4,754	5,708	7,561	7,747	8,139	6,467	9,766	10,493	9,514	10,585	10,296	10,992
EBITDA-CapEx	5,433	7,480	6,402	4,754	5,708	7,561	7,747	8,139	6,467	9,766	10,493	9,514	10,585	10,296	10,992
Operating Income (Loss)	3,320	5,094	3,815	2,143	3,077	4,566	4,652	4,786	2,852	5,973	6,523	5,338	6,298	6,032	6,623

Liquidity (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Cash Ratio	0.53	0.86	0.55	0.63	0.44	0.5	0.34	0.26	0.47	0.52	0.48	0.5	0.49	0.36	0.7
Current Ratio	1.69	1.96	1.82	1.74	1.5	1.59	1.39	1.45	1.58	1.51	1.43	1.37	1.36	1.19	1.48
Quick Ratio	1.4	1.73	1.58	1.59	1.35	1.46	1.22	1.27	1.45	1.4	1.31	1.25	1.24	1.09	1.37
CFO/Avg Current Liab	0.94	0.84	0.77	0.95	0.82	0.62	0.53	0.6	0.53	0.84	0.7	0.64	0.62	0.49	0.52
Common Equity/Total Assets	49.25	51.83	46.2	41.04	29.99	33.1	37.1	32.64	24.88	29.2	29	29.94	31.7	32.04	31.99
Long-Term Debt/Equity (%)	8.49	15.74	31	48.35	99.63	92.76	78.51	93.58	186.65	141.13	139.02	137.29	127.58	119.05	119.58
Long-Term Debt/Capital (%)	7.62	13.43	23.66	32.56	49.85	48.09	42.34	47.02	62.75	56.26	55.8	55.6	53.89	51.04	50.73
Long-Term Debt/Total Assets (%)	4.18	8.16	14.32	19.84	29.88	30.71	29.13	30.54	46.44	41.2	40.32	41.1	40.44	38.14	38.25
Total Debt/Equity (%)	11.32	17.19	31.01	48.48	99.84	92.89	85.42	99.01	197.44	150.87	149.14	146.93	136.75	133.28	135.69
Total Debt/Capital (%)	10.17	14.67	23.67	32.65	49.96	48.16	46.07	49.75	66.38	60.14	59.86	59.5	57.76	57.13	57.57
Total Debt/Total Assets (%)	5.57	8.91	14.32	19.9	29.94	30.75	31.69	32.32	49.12	44.05	43.25	43.99	43.35	42.7	43.4
CFO/Total Liabilities	31.86	28.99	23.96	24.91	17.74	15.18	14.2	15.32	9.23	17.29	16.1	14.49	13.99	11.81	13.26
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	3.88	3.95	3.96	3.66	3.04	3.47	3.65	3.18	2.11	2.73	2.59	2.45	2.59	2.51	2.77

Working Capital (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Accounts Receivable Turnover	9.02	9.09	8.68	8.49	7.77	8.12	8.14	7.92	7.2	7.57	7.81	8.18	8.65	8.2	7.88
Days Sales Outstanding	40.48	40.17	42.07	42.99	47	44.93	44.84	46.08	50.67	48.19	46.71	44.64	42.19	44.53	46.32
Inventory Turnover	77.47	74.74	77.88	80.95	80.56	93.07	98.84	101.79	99.33	113.9	119.84	114.41	112.88	113.37	116.6
Days Inventory Outstanding	4.71	4.88	4.69	4.51	4.53	3.92	3.69	3.59	3.67	3.2	3.05	3.19	3.23	3.22	3.13
Accounts Payable Turnover	20.5	19.21	18.61	19.29	15.98	16.51	17.93	18.28	17.75	18.57	18.65	18.01	19.54	20.03	18.5
Accounts Payable Turnover Days	17.81	19	19.61	18.93	22.84	22.11	20.36	19.97	20.57	19.65	19.57	20.26	18.68	18.22	19.73
Cash Conversion Cycle	27.38	26.05	27.15	28.58	28.69	26.75	28.17	29.69	33.78	31.74	30.18	27.57	26.75	29.53	29.72
Inventory to Cash Days	35.77	35.29	37.38	38.48	42.47	41.01	41.14	42.49	47	44.99	43.66	41.45	38.96	41.31	43.19
Inventories	440	457	463	498	496	514	525	553	572	587	637	604	614	602	669
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	440	457	463	498	496	514	525	553	572	587	637	604	614	602	669

Enterprise Value (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Market Capitalization	22,726	24,561	33,135	39,396	35,272	41,872	53,347	32,403	27,539	67,773	46,990	44,091	49,960	41,800	79,574
- Cash & Cash Equivalents	2,843	4,917	2,908	3,763	3,534	3,969	3,265	2,319	4,881	7,087	6,897	6,856	6,501	5,502	13,311
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,667	2,990	4,737	7,268	13,762	14,931	16,585	17,581	36,121	36,462	37,194	38,332	37,719	37,416	42,943
Enterprise Value	21,550	22,634	34,964	42,901	45,500	52,834	66,667	47,665	58,779	97,148	77,287	75,567	81,178	73,714	109,206
Total Capital	16,394	20,388	20,014	22,261	27,546	31,004	36,001	35,338	54,416	60,630	62,133	64,420	65,301	65,490	74,590
Total Debt/Capital (%)	10.17	14.67	23.67	32.65	49.96	48.16	46.07	49.75	66.38	60.14	59.86	59.5	57.76	57.13	57.57
Total Debt / EV	0.08	0.13	0.14	0.17	0.3	0.28	0.25	0.37	0.61	0.38	0.48	0.51	0.46	0.51	0.39
EV/Sales	0.5	0.51	0.77	0.9	0.9	0.88	1.02	0.68	0.85	1.16	0.83	0.84	0.93	0.84	1.15
EV/EBITDA	3.97	3.03	5.46	9.02	7.97	6.99	8.61	5.86	9.09	9.95	7.37	7.94	7.67	7.16	9.94
EV/EBIT	6.49	4.44	9.16	20.02	14.79	11.57	14.33	9.96	20.61	16.26	11.85	14.16	12.89	12.22	16.49
EV/Cash Flow to Firm	4.43	4.78	8.01	7.78	7.67	10.03	12.67	7.82	10.47	9.03	7.45	8.07	9.16	9.66	11.3
EV/Free Cash Flow to Firm	4.43	4.78	8.01	7.78	7.67	10.03	12.67	7.82	10.47	9.03	7.45	8.07	9.16	9.66	11.3
Diluted Market Cap	22,754	24,593	35,988	40,034	37,062	42,144	54,627	32,924	27,591	68,178	48,283	45,039	51,330	42,678	79,243
Diluted Enterprise Value	21,578	22,666	37,817	43,539	47,290	53,106	67,947	48,186	58,831	97,553	78,580	76,515	82,548	74,592	108,875
EV per Share	68.07	71.49	122.5	151.9	171.36	196.95	250.7	182.76	224.39	363.38	297.44	300.84	332.28	309.72	455.03
TTM Sales	42,680	44,287	45,567	47,453	50,365	60,319	65,450	69,693	69,217	83,959	93,512	90,155	87,693	87,926	94,720
TTM EBITDA	5,433	7,480	6,402	4,754	5,708	7,561	7,747	8,139	6,467	9,766	10,493	9,514	10,585	10,296	10,992
TTM Operating Income	3,320	5,094	3,815	2,143	3,077	4,566	4,652	4,786	2,852	5,973	6,523	5,338	6,298	6,032	6,623
TTM Cash Flow to Firm	4,869	4,739	4,366	5,518	5,931	5,265	5,260	6,098	5,615	10,757	10,370	9,362	8,865	7,629	9,667
TTM Free Cash Flow to Firm	4,869	4,739	4,366	5,518	5,931	5,265	5,260	6,098	5,615	10,757	10,370	9,362	8,865	7,629	9,667

Multiples (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Price/Free Cash Flow	4.71	5.25	8.44	7.46	6.49	8.55	11.69	5.87	5.41	6.73	4.91	5.09	6.18	6.07	8.88
EV/EBIT	6.49	4.44	9.16	20.02	14.79	11.57	14.33	9.96	20.61	16.26	11.85	14.16	12.89	12.22	16.49
Enterprise Value	21,550	22,634	34,964	42,901	45,500	52,834	66,667	47,665	58,779	97,148	77,287	75,567	81,178	73,714	109,206
Low Price	51.59	67.48	76.18	111.37	96.4	116.76	156.17	121.55	71.42	102.5	155.27	114.28	172.17	156.46	172.99
EV/Sales	0.5	0.51	0.77	0.9	0.9	0.88	1.02	0.68	0.85	1.16	0.83	0.84	0.93	0.84	1.15
EV/EBITDA	3.97	3.03	5.46	9.02	7.97	6.99	8.61	5.86	9.09	9.95	7.37	7.94	7.67	7.16	9.94
Price/Earnings	11.18	9.04	14.26	37.52	19.38	13.97	11.67	60.01	21.42	12.99	12.57	11.31	11.71	10.34	17.73
Price/Earnings Average	10.72	8.8	12.36	35.58	18.29	12.93	10.86	81.23	24.22	10.05	13.8	10.47	11.73	12.57	12.55
Price/Earnings High	12.38	10.29	14.33	39.75	21.76	14.53	12.86	103.71	29.28	13.2	17.83	12.91	13.43	14.88	17.82
Price/Earnings Low	8.04	7.87	9.36	29.96	14.06	10.45	9.08	58.71	14.55	5.25	10.8	7.37	9.86	9.21	9.25
Price/Book Value	1.54	1.41	2.17	2.63	2.56	2.61	2.75	1.82	1.51	2.8	1.88	1.69	1.81	1.49	2.51
Price/Book Value Average	1.48	1.37	1.88	2.49	2.41	2.41	2.56	2.47	1.7	2.17	2.07	1.56	1.81	1.81	1.78
Price/Book Value High	1.71	1.61	2.18	2.78	2.87	2.71	3.03	3.15	2.06	2.85	2.67	1.93	2.08	2.14	2.53
Price/Book Value Low	1.11	1.23	1.42	2.1	1.86	1.95	2.14	1.79	1.02	1.13	1.62	1.1	1.52	1.33	1.31
Price/Tangible Book Value	1.84	1.68	2.65	3.59	5.85	4.99	4.46	3.1	2.37	4.03	2.6	2.24	2.36	1.95	3.19
Price/Tangible Book Value Average	1.76	1.63	2.3	3.4	5.52	4.62	4.15	4.19	2.68	3.12	2.85	2.08	2.36	2.37	2.26
Price/Tangible Book Value High	2.04	1.91	2.67	3.8	6.57	5.19	4.92	5.36	3.25	4.09	3.68	2.56	2.71	2.8	3.21
Price/Tangible Book Value Low	1.32	1.46	1.74	2.87	4.25	3.73	3.47	3.03	1.61	1.63	2.23	1.46	1.99	1.73	1.67
Price/Sales	0.53	0.55	0.73	0.83	0.7	0.69	0.82	0.46	0.4	0.81	0.51	0.5	0.58	0.48	0.83
Price/Sales Average	0.51	0.54	0.63	0.79	0.66	0.64	0.76	0.63	0.45	0.63	0.56	0.46	0.58	0.59	0.59
Price/Sales High	0.59	0.63	0.73	0.88	0.79	0.72	0.9	0.8	0.54	0.82	0.73	0.57	0.66	0.69	0.83
Price/Sales Low	0.38	0.48	0.48	0.66	0.51	0.52	0.63	0.45	0.27	0.33	0.44	0.32	0.49	0.43	0.43
Price/Cash Flow	4.7	5.24	7.77	7.34	6.18	8.49	11.41	5.77	5.4	6.7	4.89	5.08	6.1	6.02	8.8
Price/Cash Flow Average	4.5	5.1	6.74	6.96	5.83	7.86	10.62	7.81	6.11	5.19	5.37	4.7	6.11	7.31	6.23
Price/Cash Flow High	5.2	5.96	7.81	7.78	6.94	8.83	12.58	9.98	7.39	6.81	6.94	5.8	7	8.66	8.85
Price/Cash Flow Low	3.38	4.56	5.1	5.86	4.48	6.35	8.89	5.65	3.67	2.71	4.2	3.31	5.14	5.36	4.59
Price/Free Cash Flow Average	4.51	5.1	7.32	7.08	6.13	7.91	10.88	7.94	6.12	5.21	5.39	4.71	6.18	7.37	6.28
Price/Free Cash Flow High	5.21	5.97	8.48	7.9	7.29	8.89	12.89	10.14	7.4	6.84	6.97	5.81	7.08	8.73	8.92
Price/Free Cash Flow Low	3.38	4.56	5.54	5.96	4.71	6.39	9.1	5.74	3.68	2.72	4.22	3.31	5.2	5.4	4.63
EV/Sales Average	0.48	0.5	0.67	0.86	0.86	0.82	0.96	0.85	0.9	0.97	0.88	0.8	0.93	0.94	0.91
EV/Sales High	0.56	0.59	0.77	0.95	0.99	0.9	1.1	1.02	1	1.17	1.04	0.91	1.01	1.05	1.16
EV/Sales Low	0.36	0.44	0.52	0.74	0.71	0.7	0.84	0.67	0.72	0.68	0.76	0.67	0.84	0.79	0.75
EV/EBITDA Average	3.79	2.94	4.77	8.6	7.62	6.58	8.13	7.26	9.65	8.38	7.8	7.6	7.68	8.03	7.82
EV/EBITDA High	4.41	3.48	5.49	9.52	8.73	7.21	9.31	8.76	10.65	10.06	9.24	8.6	8.36	8.94	9.97
EV/EBITDA Low	2.79	2.6	3.68	7.35	6.28	5.59	7.08	5.77	7.72	5.81	6.73	6.33	6.92	6.72	6.47
EV/EBIT Average	6.21	4.31	8.01	19.07	14.14	10.89	13.54	12.35	21.87	13.7	12.55	13.54	12.9	13.71	12.98
EV/EBIT High	7.22	5.11	9.21	21.11	16.19	11.94	15.51	14.89	24.16	16.45	14.86	15.32	14.06	15.26	16.55
EV/EBIT Low	4.57	3.82	6.18	16.31	11.64	9.26	11.79	9.81	17.51	9.51	10.83	11.27	11.64	11.46	10.74
Last Price	71.78	77.58	116.09	139.49	132.84	156.09	200.61	124.24	105.13	253.5	180.84	175.53	204.5	175.63	331.56
High Price	79.45	88.3	116.64	147.77	149.13	162.32	221.17	214.74	143.74	257.6	256.51	200.32	234.55	252.72	333.27
Enterprise Value Average	20,602	21,964	30,560	40,869	43,512	49,719	62,980	59,127	62,383	81,830	81,856	72,278	81,243	82,721	85,951
Enterprise Value High	23,978	26,027	35,121	45,240	49,826	54,506	72,135	71,268	68,893	98,244	96,950	81,794	88,519	92,061	109,617
Enterprise Value Low	15,157	19,436	23,573	34,959	35,825	42,284	54,849	46,963	49,949	56,778	70,643	60,182	73,280	69,151	71,150

Shares Outstanding	317	317	285	282	266	268	266	261	262	267	260	251	244	238	240
Diluted Weighted Avg Shares	317	317	310	287	279	270	272	265	262	269	267	257	251	243	239
Basic Weighted Avg Shares	317	317	285	282	266	268	266	261	262	268	266	256	248	241	237
Revenue per Share	134.81	139.89	159.65	168.02	189.68	224.85	246.12	267.22	264.19	313.28	351.55	352.17	353.6	364.84	399.66
EBITDA per Share	17.16	23.63	22.43	16.83	21.5	28.19	29.13	31.21	24.68	36.44	39.45	37.16	42.68	42.72	46.38
Operating Income per Share	10.49	16.09	13.37	7.59	11.59	17.02	17.49	18.35	10.89	22.29	24.52	20.85	25.4	25.03	27.95
Basic EPS, GAAP	6.42	8.58	8.14	3.72	6.85	11.17	17.19	2.07	4.91	19.52	14.38	15.52	17.46	16.98	18.7
Basic EPS from Cont Ops	6.42	8.58	8.14	3.72	6.85	11.17	17.19	2.07	4.91	19.52	14.38	15.52	17.46	16.98	18.7
Diluted EPS, GAAP	6.41	8.57	7.5	3.66	6.52	11.1	16.79	2.04	4.9	19.45	14.33	15.48	17.25	16.84	18.55
Diluted EPS from Cont Ops	6.41	8.57	7.5	3.66	6.52	11.1	16.79	2.04	4.9	19.45	14.33	15.48	17.25	16.84	18.55
Dividend per Share	0.52	0.56	0.66	0.8	1.04	1.59	2.01	2.62	2.59	2.56	2.98	4.6	5.08	5.56	5.8
Cash Flow per Share	15.27	14.81	14.94	19	21.5	18.38	17.58	21.52	19.45	37.82	36.96	34.56	33.52	29.2	37.66
Free Cash Flow per Basic Share	15.27	14.81	14.94	19	21.5	18.38	17.58	21.52	19.45	37.82	36.96	34.56	33.52	29.2	37.66
Cash & Equivalents per Share	8.98	15.53	10.19	13.32	13.31	14.8	12.28	8.89	18.63	26.51	26.54	27.29	26.61	23.12	55.46
Book Value per Share	46.52	54.96	53.52	53.09	51.91	59.92	73.01	68.08	69.84	90.4	95.98	103.86	112.9	117.96	131.86
Tangible Book Value per Share	38.98	46.25	43.75	38.86	22.71	31.28	44.99	40.09	44.29	62.93	69.63	78.24	86.61	90.21	103.81

FedEx Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)