FedEx (FDX) EV-to-EBIT: 15.77 (As of Jul. 15, 2026) — 14% Above Median

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FDX FedEx Corp FDX
80 GF Score
Price $313.68
GF Value $238.10
Valuation Significantly Overvalued
! 6 Warning Signs
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What is FedEx EV-to-EBIT?

FedEx FDX 80 EV-to-EBIT is 15.77 as of Jul. 15, 2026, which is 14% above its 10-year median of 13.86. GuruFocus rates FDX with a GF Score™ of 80/100 and a GF Value™ of $238.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 870 Transportation companies, FedEx ranks worse than 64.02% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FedEx's Enterprise Value is $104,477 Mil. FedEx's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $6,623 Mil. Therefore, FedEx's EV-to-EBIT for today is 15.77.

The historical rank and industry rank for FedEx's EV-to-EBIT or its related term are showing as below:

FDX' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.29   Med: 13.86   Max: 610.53
Current: 15.77

During the past 13 years, the highest EV-to-EBIT of FedEx was 610.53. The lowest was 9.29. And the median was 13.86.

FDX's EV-to-EBIT is ranked worse than
64.02% of 870 companies
in the Transportation industry
Industry Median: 12.345 vs FDX: 15.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FedEx's Enterprise Value for the quarter that ended in May. 2026 was $108,746 Mil. FedEx's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $6,623 Mil. FedEx's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 6.09%.


FedEx  (NYSE:FDX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

FedEx's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=6623/108745.7266145
=6.09 %

FedEx's Enterprise Value for the quarter that ended in May. 2026 was $108,746 Mil.
FedEx's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,623 Mil.

* 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 EV-to-EBIT Related Terms


FedEx EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for FedEx's EV-to-EBIT 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.

FedEx EV-to-EBIT Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.01 13.84 12.48 12.34 11.83

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EV-to-EBIT 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 11.83 11.97 12.70 16.19 16.42

FDX vs UPS, JBHT, FDXF: EV-to-EBIT Comparison

For the Integrated Freight & Logistics subindustry, FedEx's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

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

* The bar in red indicates where FedEx's EV-to-EBIT falls into.


FDX
80GF Score
FedEx Corp FDX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx EV-to-EBIT Calculation

FedEx's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=104476.980/6623
=15.77

FedEx's current Enterprise Value is $104,477 Mil.
FedEx's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,623 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 15.77 mean?
FedEx (FDX) has a EV-to-EBIT of 15.77 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FedEx and its competitors. This is 14% above median its historical median of 13.86. Over the past decade, FedEx's EV-to-EBIT has ranged from 9.29 to 610.53. According to the industry distribution chart, FedEx ranks #557 out of 870 companies in the Transportation industry, placing it in the top 64%.
Is FedEx's EV-to-EBIT too high?
FedEx's current EV-to-EBIT of 15.77 is 14% above median its 10-year median of 13.86. Over the past 10 years, this metric has ranged from a low of 9.29 to a high of 610.53. The Transportation industry median EV-to-EBIT is 12.35. FedEx's value of 15.77 is 27.7% above this industry median. Based on the distribution chart, FedEx ranks #557 out of 870 companies in the Transportation industry, which is below the industry midpoint. Overall, FedEx has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FedEx's EV-to-EBIT compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #557 out of 870 companies for EV-to-EBIT. This places FedEx in the lower half of its industry. The industry median EV-to-EBIT is 12.35. FedEx's value of 15.77 is 27.7% above this benchmark. Historically, FedEx's own EV-to-EBIT has ranged from 9.29 to 610.53 over the past decade. While the company's 10-year median is 13.86 vs. the industry median of 12.35, FedEx has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Transportation company?
The median EV-to-EBIT among Transportation companies is 12.35, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx's current EV-to-EBIT of 15.77 is 27.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FedEx and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current EV-to-EBIT is 15.77, which is 14% above median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
Based on GuruFocus' analysis, FedEx (FDX) is currently considered Significantly Overvalued. The stock's GF Value™ is $238.10, compared to a current price of $313.68 — trading 31.7% above its estimated fair value. The current EV-to-EBIT is 15.77, which is 14% above median its 10-year median of 13.86 and 27.7% above the Transportation industry median of 12.35. FedEx's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For FedEx (FDX), the current EV-to-EBIT is 15.77 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FedEx (FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of $313.68 is trading 31.7% above its estimated GF Value™ of $238.10. GuruFocus considers FedEx to be Significantly Overvalued.

Key valuation signals for FDX:

  • EV-to-EBIT: 15.77 (14% above median its 10-year median of 13.86)
  • GF Value™: $238.10 vs. price of $313.68 (31.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 27.7% above the Transportation median (#557 of 870)

No single metric tells the full story. See the FDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FedEx Business Description

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. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems 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.
80GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$313.68
Price
$238.10
GF Value