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FedEx (WBO:FDX) Capex-to-Operating-Income : 1.02 (As of Feb. 2024)


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What is FedEx Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

FedEx's Capital Expenditure for the three months ended in Feb. 2024 was €-1,278.33 Mil. Its Operating Income for the three months ended in Feb. 2024 was €1,257.94 Mil.

Hence, FedEx's Capex-to-Operating-Income for the three months ended in Feb. 2024 was 1.02.


FedEx Capex-to-Operating-Income Historical Data

The historical data trend for FedEx's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FedEx Capex-to-Operating-Income Chart

FedEx Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 2.06 0.99 1.04 1.16

FedEx Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.01 0.81 0.92 1.02

Competitive Comparison of FedEx's Capex-to-Operating-Income

For the Integrated Freight & Logistics subindustry, FedEx's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FedEx's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where FedEx's Capex-to-Operating-Income falls into.



FedEx Capex-to-Operating-Income Calculation

FedEx's Capex-to-Operating-Income for the fiscal year that ended in May. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-5680.08) / 4910.96
=1.16

FedEx's Capex-to-Operating-Income for the quarter that ended in Feb. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1278.333) / 1257.939
=1.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FedEx  (WBO:FDX) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


FedEx Capex-to-Operating-Income Related Terms

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FedEx (WBO:FDX) Business Description

Industry
Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% 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.

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