FedEx Corp logo

FedEx Corp

€ 196.30 (-0.4%) Feb 3
On watch
P/E:
16.86
P/B:
2.25
Market Cap:
€ 49.69B ($ 53.80B)
Enterprise V:
€ 80.31B ($ 86.96B)
Volume:
123.00
Avg Vol (2M):
62.00
Also Trade In:
Volume:
123.00
Market Cap €:
49.69B
Market Cap $:
53.80B
PE Ratio:
16.86
Avg Vol (2-Month):
62.00
Enterprise Value €:
80.31B
Enterprise Value $:
86.96B
PB Ratio:
2.25

Business Description

Description
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2022 (ended May 2022), FedEx derived 51% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.