Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). FedEx's share price for the quarter that ended in Feb. 2024 was $248.97. FedEx's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 246 Mil. Therefore, FedEx's market cap for the quarter that ended in Feb. 2024 was $61,267 Mil.
FedEx's quarterly market cap
declined
from Aug. 2023 ($65,626 Mil) to Nov. 2023 ($64,680 Mil) and
declined
from Nov. 2023 ($64,680 Mil) to Feb. 2024 ($61,267 Mil).
FedEx's annual market cap
declined
from May. 2021 ($84,164 Mil) to May. 2022 ($58,356 Mil) and
declined
from May. 2022 ($58,356 Mil) to May. 2023 ($54,754 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. FedEx's Enterprise Value for Today is $98,742 Mil.
FedEx Market Cap Historical Data
The historical data trend for FedEx's Market Cap 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.
For the Integrated Freight & Logistics subindustry, FedEx's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, FedEx's Market Cap distribution charts can be found below:
* The bar in red indicates where FedEx's Market Cap falls into.
FedEx Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
FedEx's Market Cap for the fiscal year that ended in May. 2023 is calculated as
* 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 (NYSE:FDX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
FedEx Market Cap Related Terms
Thank you for viewing the detailed overview of FedEx's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes 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. TNT was previously the fourth-largest global parcel delivery provider.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FDX has been successfully added to your 