FedEx (HAM:FDX) Total Operating Expense: €11,990 Mil (TTM As of May. 2026)

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HAM:FDX FedEx Corp HAM:FDX
82 GF Score
Price €274.60
GF Value €208.34
! 6 Warning Signs
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What is FedEx Total Operating Expense?

FedEx HAM:FDX -0.11% 82 Total Operating Expense is €11,990 Mil as of May. 2026. GuruFocus rates HAM:FDX with a GF Score™ of 82/100 and a GF Value™ of €208.34. The stock has 6 warning signs investors should review.

FedEx's Total Operating Expense for the three months ended in May. 2026 was €3,068 Mil. FedEx's Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 was €11,990 Mil.

FedEx Total Operating Expense Related Terms

FedEx Total Operating Expense Historical Data

* Premium members only.

The historical data trend for FedEx's Total Operating Expense 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 Total Operating Expense Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,860.36 12,907.22 12,721.76 11,704.95 11,531.89

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Operating Expense 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 2,995.40 2,917.16 3,037.02 2,967.77 3,067.90
HAM:FDX
82GF Score
FedEx Corp HAM:FDX
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €11,990 Mil.

* 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.

What does a Total Operating Expense of €11,990 Mil mean?
FedEx (HAM:FDX) has a Total Operating Expense of €11,990 Mil as of May. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on FedEx and its competitors.
Is FedEx's Total Operating Expense too high?
FedEx's current Total Operating Expense is €11,990 Mil. Overall, FedEx has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's Total Operating Expense compare to UPS and JBHT?
FedEx's Total Operating Expense of €11,990 Mil 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 Total Operating Expense for a Transportation company?
A good Total Operating Expense depends on the Transportation industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on FedEx and its competitors. FedEx's current Total Operating Expense is €11,990 Mil. 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 Total Operating Expense of €11,990 Mil. The stock's GF Value™ is €208.34, compared to a current price of €274.60 — trading 31.8% above its estimated fair value. The current Total Operating Expense is €11,990 Mil. FedEx's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For FedEx (HAM:FDX), the current Total Operating Expense is €11,990 Mil 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 (HAM:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of €274.60 is trading 31.8% above its estimated GF Value™ of €208.34.

Key valuation signals for HAM:FDX:

  • Total Operating Expense: €11,990 Mil
  • GF Value™: €208.34 vs. price of €274.60 (31.8% above fair value)
  • GF Score™: 82/100 with 6 warning signs

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.
82GF Score

Get the complete analysis for HAM:FDX

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€274.60
Price
€208.34
GF Value