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FedEx Corp

MXN 3460.00 (-3.74%) Jan 30
On watch
P/E:
14.46
P/B:
1.93
Market Cap:
MXN 872.25B ($ 46.30B)
Enterprise V:
MXN 1.50T ($ 79.58B)
Volume:
30.00
Avg Vol (2M):
432.00
Also Trade In:
Volume:
30.00
Market Cap MXN:
872.25B
Market Cap $:
46.30B
PE Ratio:
14.46
Avg Vol (2-Month):
432.00
Enterprise Value MXN:
1.50T
Enterprise Value $:
79.58B
PB Ratio:
1.93

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.