FedEx (HAM:FDX) FCF Margin %: 4.33% (As of Feb. 2026) — 83% Above Median


HAM:FDX FedEx Corp HAM:FDX
83 GF Score
Price €282.20
GF Value €206.01
! 8 Warning Signs
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What is FedEx FCF Margin %?

FedEx HAM:FDX -1.91% 83 FCF Margin % is 4.33% as of Feb. 2026, which is 83% above its 10-year median of 2.37. GuruFocus rates HAM:FDX with a GF Score™ of 83/100 and a GF Value™ of €206.01. The stock has 8 warning signs investors should review. Among 1,006 Transportation companies, FedEx ranks better than 52.09% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. FedEx's Free Cash Flow for the three months ended in Feb. 2026 was €878 Mil. FedEx's Revenue for the three months ended in Feb. 2026 was €20,304 Mil. Therefore, FedEx's FCF Margin % for the quarter that ended in Feb. 2026 was 4.33%.

As of today, FedEx's current FCF Yield % is 5.77%.

The historical rank and industry rank for FedEx's FCF Margin % or its related term are showing as below:

HAM:FDX' s FCF Margin % Range Over the Past 10 Years
Min: -1.51   Med: 2.37   Max: 5.06
Current: 4.76


During the past 13 years, the highest FCF Margin % of FedEx was 5.06%. The lowest was -1.51%. And the median was 2.37%.

HAM:FDX's FCF Margin % is ranked better than
52.09% of 1006 companies
in the Transportation industry
Industry Median: 4.38 vs HAM:FDX: 4.76


FedEx FCF Margin % Related Terms


FedEx FCF Margin % Historical Data

* Premium members only.

The historical data trend for FedEx's FCF Margin % 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 FCF Margin % Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 3.28 2.97 3.58 3.39

FedEx Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
FCF Margin % 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 4.58 4.71 4.91 5.09 4.33

HAM:FDX vs UPS, JBHT, FDXFw: FCF Margin % Comparison

For the Integrated Freight & Logistics subindustry, FedEx's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, FedEx's FCF Margin % distribution charts can be found below:

* The bar in red indicates where FedEx's FCF Margin % falls into.


HAM:FDX
83GF Score
FedEx Corp HAM:FDX
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

FedEx's FCF Margin for the fiscal year that ended in May. 2025 is calculated as

FCF Margin=Free Cash Flow (A: May. 2025 )/Revenue (A: May. 2025 )
=2644.147/77990.362
=3.39 %

FedEx's FCF Margin for the quarter that ended in Feb. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=878.148/20304
=4.33 %

* 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 FCF Margin % →
What does a FCF Margin % of 4.33% mean?
FedEx (HAM:FDX) has a FCF Margin % of 4.33% as of Feb. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on FedEx and its competitors. This is 83% above median its historical median of 2.37. According to the industry distribution chart, FedEx ranks #482 out of 1006 companies in the Transportation industry, placing it in the top 47.9%.
Is FedEx's FCF Margin % too high?
FedEx's current FCF Margin % of 4.33% is 83% above median its 10-year median of 2.37. The Transportation industry median FCF Margin % is 4.38. FedEx's value of 4.33% is 1.1% below this industry median. Based on the distribution chart, FedEx ranks #482 out of 1006 companies in the Transportation industry, which is above the industry midpoint. Overall, FedEx has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's FCF Margin % compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #482 out of 1006 companies for FCF Margin %. This puts FedEx in the upper half of its industry. The industry median FCF Margin % is 4.38. FedEx's value of 4.33% is 1.1% below this benchmark. While the company's 10-year median is 2.37 vs. the industry median of 4.38, 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 FCF Margin % for a Transportation company?
The median FCF Margin % among Transportation companies is 4.38, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx's current FCF Margin % of 4.33% is 1.1% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on FedEx and its competitors. For the Transportation industry, the median FCF Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current FCF Margin % is 4.33%, which is 83% above median its own 10-year median of 2.37. 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 (HAM:FDX) has a current FCF Margin % of 4.33%. The stock's GF Value™ is €206.01, compared to a current price of €282.20 — trading 37% above its estimated fair value. The current FCF Margin % is 4.33%, which is 83% above median its 10-year median of 2.37 and 1.1% below the Transportation industry median of 4.38. FedEx's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For FedEx (HAM:FDX), the current FCF Margin % is 4.33% as of Feb. 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 (HAM:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of €282.20 is trading 37% above its estimated GF Value™ of €206.01.

Key valuation signals for HAM:FDX:

  • FCF Margin %: 4.33% (83% above median its 10-year median of 2.37)
  • GF Value™: €206.01 vs. price of €282.20 (37% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 1.1% below the Transportation median (#482 of 1006)

No single metric tells the full story. See the HAM: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.
83GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€282.20
Price
€206.01
GF Value