FedEx (XSWX:FDX) Equity-to-Asset: 0.32 (As of May. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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XSWX:FDX FedEx Corp XSWX:FDX
80 GF Score
Price CHF256.00
GF Value CHF194.70
! 6 Warning Signs
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What is FedEx Equity-to-Asset?

FedEx XSWX:FDX 80 Equity-to-Asset is 0.32 as of May. 2026, which is 3% above its 10-year median of 0.31. GuruFocus rates XSWX:FDX with a GF Score™ of 80/100 and a GF Value™ of CHF194.70. The stock has 6 warning signs investors should review. Among 1,011 Transportation companies, FedEx ranks worse than 75.27% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FedEx's Total Stockholders Equity for the quarter that ended in May. 2026 was CHF24,792 Mil. FedEx's Total Assets for the quarter that ended in May. 2026 was CHF77,507 Mil. Therefore, FedEx's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.32.

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

XSWX:FDX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.31   Max: 0.37
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of FedEx was 0.37. The lowest was 0.25. And the median was 0.31.

XSWX:FDX's Equity-to-Asset is ranked worse than
75.27% of 1011 companies
in the Transportation industry
Industry Median: 0.5 vs XSWX:FDX: 0.32

FedEx  (XSWX:FDX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


FedEx Equity-to-Asset Related Terms


FedEx Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for FedEx's Equity-to-Asset 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 Equity-to-Asset Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.29 0.30 0.32 0.32

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Equity-to-Asset 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 0.32 0.31 0.32 0.32 0.32

XSWX:FDX vs UPS, JBHT, FDXF: Equity-to-Asset Comparison

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

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

* The bar in red indicates where FedEx's Equity-to-Asset falls into.


XSWX:FDX
80GF Score
FedEx Corp XSWX:FDX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

FedEx's Equity to Asset Ratio for the fiscal year that ended in May. 2025 is calculated as

Equity to Asset (A: May. 2025 )=Total Stockholders Equity/Total Assets
=23298.613/72721.647
=0.32

FedEx's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=24792.26/77507.246
=0.32

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.32 mean?
FedEx (XSWX:FDX) has a Equity-to-Asset of 0.32 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on FedEx and its competitors. This is near median its historical median of 0.31. Over the past decade, FedEx's Equity-to-Asset has ranged from 0.25 to 0.37. According to the industry distribution chart, FedEx ranks #761 out of 1011 companies in the Transportation industry, placing it in the top 75.3%.
Is FedEx's Equity-to-Asset too high?
FedEx's current Equity-to-Asset of 0.32 is near median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.37. The Transportation industry median Equity-to-Asset is 0.50. FedEx's value of 0.32 is 36% below this industry median. Based on the distribution chart, FedEx ranks #761 out of 1011 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, FedEx has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's Equity-to-Asset compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #761 out of 1011 companies for Equity-to-Asset. This places FedEx in the lower half of its industry. The industry median Equity-to-Asset is 0.50. FedEx's value of 0.32 is 36% below this benchmark. Historically, FedEx's own Equity-to-Asset has ranged from 0.25 to 0.37 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.50, FedEx has consistently been below 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 Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx's current Equity-to-Asset of 0.32 is 36% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on FedEx and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current Equity-to-Asset is 0.32, which is near median its own 10-year median of 0.31. 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?
FedEx (XSWX:FDX) has a current Equity-to-Asset of 0.32. The stock's GF Value™ is CHF194.70, compared to a current price of CHF256.00 — trading 31.5% above its estimated fair value. The current Equity-to-Asset is 0.32, which is near median its 10-year median of 0.31 and 36% below the Transportation industry median of 0.50. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For FedEx (XSWX:FDX), the current Equity-to-Asset is 0.32 as of May. 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 (XSWX:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of CHF256.00 is trading 31.5% above its estimated GF Value™ of CHF194.70.

Key valuation signals for XSWX:FDX:

  • Equity-to-Asset: 0.32 (near median its 10-year median of 0.31)
  • GF Value™: CHF194.70 vs. price of CHF256.00 (31.5% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 36% below the Transportation median (#761 of 1011)

No single metric tells the full story. See the XSWX: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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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF256.00
Price
CHF194.70
GF Value