FedEx (XSWX:FDX) Goodwill-to-Asset: 0.07 (As of May. 2026)

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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 Goodwill-to-Asset?

FedEx XSWX:FDX 80 Goodwill-to-Asset is 0.07 as of May. 2026. 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.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. FedEx's Goodwill for the quarter that ended in May. 2026 was CHF5,275 Mil. FedEx's Total Assets for the quarter that ended in May. 2026 was CHF77,507 Mil. Therefore, FedEx's Goodwill to Asset Ratio for the quarter that ended in May. 2026 was 0.07.


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

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


FedEx Goodwill-to-Asset Related Terms


FedEx Goodwill-to-Asset Historical Data

* Premium members only.

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

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.07 0.07 0.08

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Goodwill-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 0.08 0.08 0.07 0.07 0.07

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

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

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

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


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

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

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

Goodwill to Asset (A: May. 2025 )=Goodwill/Total Assets
=5479.83/72721.647
=0.08

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

Goodwill to Asset (Q: May. 2026 )=Goodwill/Total Assets
=5274.632/77507.246
=0.07

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.07 mean?
FedEx (XSWX:FDX) has a Goodwill-to-Asset of 0.07 as of May. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on FedEx and its competitors.
Is FedEx's Goodwill-to-Asset too high?
FedEx's current Goodwill-to-Asset is 0.07. Overall, FedEx has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's Goodwill-to-Asset compare to UPS and JBHT?
FedEx's Goodwill-to-Asset of 0.07 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Transportation company?
A good Goodwill-to-Asset depends on the Transportation industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on FedEx and its competitors. FedEx's current Goodwill-to-Asset is 0.07. 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 Goodwill-to-Asset of 0.07. 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 Goodwill-to-Asset is 0.07. 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 Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For FedEx (XSWX:FDX), the current Goodwill-to-Asset is 0.07 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:

  • Goodwill-to-Asset: 0.07
  • GF Value™: CHF194.70 vs. price of CHF256.00 (31.5% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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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Goodwill-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