GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (MIL:1FDX) » Definitions » Cyclically Adjusted Revenue per Share

FedEx (MIL:1FDX) Cyclically Adjusted Revenue per Share : €320.46 (As of Feb. 2025)


View and export this data going back to 2023. Start your Free Trial

What is FedEx Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

FedEx's adjusted revenue per share for the three months ended in Feb. 2025 was €87.907. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €320.46 for the trailing ten years ended in Feb. 2025.

During the past 12 months, FedEx's average Cyclically Adjusted Revenue Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of FedEx was 13.70% per year. The lowest was 4.80% per year. And the median was 7.30% per year.

As of today (2025-05-23), FedEx's current stock price is €198.98. FedEx's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2025 was €320.46. FedEx's Cyclically Adjusted PS Ratio of today is 0.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FedEx was 1.69. The lowest was 0.54. And the median was 1.00.


FedEx Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for FedEx's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 286.95

FedEx Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted Revenue per Share 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 284.56 286.95 289.70 310.57 320.46

Competitive Comparison of FedEx's Cyclically Adjusted Revenue per Share

For the Integrated Freight & Logistics subindustry, FedEx's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where FedEx's Cyclically Adjusted PS Ratio falls into.


;
;

FedEx Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, FedEx's adjusted Revenue per Share data for the three months ended in Feb. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=87.907/134.6241*134.6241
=87.907

Current CPI (Feb. 2025) = 134.6241.

FedEx Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201505 38.176 100.333 51.224
201508 38.554 100.548 51.620
201511 41.011 100.135 55.136
201602 41.505 100.040 55.854
201605 42.027 101.355 55.822
201608 48.622 101.617 64.415
201611 51.263 101.829 67.773
201702 51.964 102.779 68.065
201705 52.718 103.256 68.734
201708 47.634 103.587 61.906
201711 51.098 104.072 66.098
201802 49.033 105.052 62.836
201805 53.852 106.148 68.299
201808 54.896 106.383 69.469
201811 58.967 106.338 74.653
201902 56.980 106.649 71.926
201905 60.761 108.048 75.706
201908 58.497 108.245 72.753
201911 59.841 108.519 74.236
202002 61.205 109.139 75.497
202005 60.753 108.175 75.607
202008 62.077 109.662 76.207
202011 64.670 109.793 79.296
202102 65.884 110.968 79.929
202105 68.528 113.576 81.228
202108 69.013 115.421 80.495
202111 76.728 117.269 88.083
202202 78.595 119.703 88.392
202205 88.757 123.323 96.891
202208 87.557 124.958 94.330
202211 87.424 125.607 93.700
202302 81.841 126.928 86.804
202305 79.745 128.314 83.666
202308 78.274 129.538 81.348
202311 80.950 129.548 84.122
202402 80.605 130.930 82.879
202405 82.463 132.509 83.779
202408 79.239 132.816 80.318
202411 84.807 133.110 85.772
202502 87.907 134.624 87.907

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


FedEx  (MIL:1FDX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

FedEx's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=198.98/320.46
=0.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FedEx was 1.69. The lowest was 0.54. And the median was 1.00.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


FedEx Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of FedEx's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


FedEx Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (MIL:1FDX) » Definitions » Cyclically Adjusted Revenue per Share
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 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came 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, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.

FedEx Headlines

No Headlines