FedEx (HAM:FDX) OCF Margin %: 8.30% (As of Feb. 2026) — Near 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 OCF Margin %?

FedEx HAM:FDX -1.91% 83 OCF Margin % is 8.30% as of Feb. 2026, which is 6% below its 10-year median of 8.83. 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 worse than 60.83% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. FedEx's Cash Flow from Operations for the three months ended in Feb. 2026 was €1,686 Mil. FedEx's Revenue for the three months ended in Feb. 2026 was €20,304 Mil. Therefore, FedEx's OCF Margin % for the quarter that ended in Feb. 2026 was 8.30%.

As of today, FedEx's current OCF Yield % is 10.81%.

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

HAM:FDX' s OCF Margin % Range Over the Past 10 Years
Min: 7.14   Med: 8.83   Max: 12.07
Current: 8.92


During the past 13 years, the highest OCF Margin % of FedEx was 12.07%. The lowest was 7.14%. And the median was 8.83%.

HAM:FDX's OCF Margin % is ranked worse than
60.83% of 1006 companies
in the Transportation industry
Industry Median: 12.945 vs HAM:FDX: 8.92


FedEx OCF Margin % Related Terms


FedEx OCF Margin % Historical Data

* Premium members only.

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

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.07 10.51 9.81 9.48 8.00

FedEx Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
OCF 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 9.08 11.34 7.71 8.31 8.30

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

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

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

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


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

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: May. 2025 )/Revenue (A: May. 2025 )
=6240.932/77990.362
=8.00 %

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

OCF Margin=Cash Flow from Operations (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=1686.078/20304
=8.30 %

* 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 OCF Margin % →
What does a OCF Margin % of 8.30% mean?
FedEx (HAM:FDX) has a OCF Margin % of 8.30% as of Feb. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on FedEx and its competitors. This is near median its historical median of 8.83. Over the past decade, FedEx's OCF Margin % has ranged from 7.14 to 12.07. According to the industry distribution chart, FedEx ranks #612 out of 1006 companies in the Transportation industry, placing it in the top 60.8%.
Is FedEx's OCF Margin % too high?
FedEx's current OCF Margin % of 8.30% is near median its 10-year median of 8.83. Over the past 10 years, this metric has ranged from a low of 7.14 to a high of 12.07. The Transportation industry median OCF Margin % is 12.95. FedEx's value of 8.30% is 35.9% below this industry median. Based on the distribution chart, FedEx ranks #612 out of 1006 companies in the Transportation industry, which is below 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 OCF Margin % compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #612 out of 1006 companies for OCF Margin %. This places FedEx in the lower half of its industry. The industry median OCF Margin % is 12.95. FedEx's value of 8.30% is 35.9% below this benchmark. Historically, FedEx's own OCF Margin % has ranged from 7.14 to 12.07 over the past decade. While the company's 10-year median is 8.83 vs. the industry median of 12.95, 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 OCF Margin % for a Transportation company?
The median OCF Margin % among Transportation companies is 12.95, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx's current OCF Margin % of 8.30% is 35.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on FedEx and its competitors. For the Transportation industry, the median OCF Margin % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current OCF Margin % is 8.30%, which is near median its own 10-year median of 8.83. 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 OCF Margin % of 8.30%. 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 OCF Margin % is 8.30%, which is near median its 10-year median of 8.83 and 35.9% below the Transportation industry median of 12.95. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For FedEx (HAM:FDX), the current OCF Margin % is 8.30% 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:

  • OCF Margin %: 8.30% (near median its 10-year median of 8.83)
  • GF Value™: €206.01 vs. price of €282.20 (37% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 35.9% below the Transportation median (#612 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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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€282.20
Price
€206.01
GF Value