GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (LTS:0QZX) » Definitions » 1-Year ROIIC %

FedEx (LTS:0QZX) 1-Year ROIIC % : 25.32% (As of Feb. 2024)


View and export this data going back to 2014. Start your Free Trial

What is FedEx 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. FedEx's 1-Year ROIIC % for the quarter that ended in Feb. 2024 was 25.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for FedEx's 1-Year ROIIC % or its related term are showing as below:

LTS:0QZX's 1-Year ROIIC % is ranked better than
68.26% of 879 companies
in the Transportation industry
Industry Median: 2.39 vs LTS:0QZX: 25.32

FedEx 1-Year ROIIC % Historical Data

The historical data trend for FedEx's 1-Year ROIIC % 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.

* Premium members only.

FedEx 1-Year ROIIC % Chart

FedEx Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.24 -7.44 40.74 12.99 -42.46

FedEx Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
1-Year ROIIC % 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 -16.74 -42.46 -27.52 -12.79 25.32

Competitive Comparison of FedEx's 1-Year ROIIC %

For the Integrated Freight & Logistics subindustry, FedEx's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FedEx's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where FedEx's 1-Year ROIIC % falls into.



FedEx 1-Year ROIIC % Calculation

FedEx's 1-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 4528.5962 (Feb. 2024) - 4331.1002 (Feb. 2023) )/( 71204 (Feb. 2024) - 70424 (Feb. 2023) )
=197.496/780
=25.32%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


FedEx  (LTS:0QZX) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


FedEx 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of FedEx's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


FedEx (LTS:0QZX) 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. 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.

FedEx (LTS:0QZX) Headlines

No Headlines