FDXFNYSEAir Courier ServicesFiscal year ends May 31
FedEx Freight Holding Company, Inc.
Financials through fiscal 2026, year ended May 31, 2026Last filing: 10-K on Aug 5, 2026
$110.20−3.01 (-2.66%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 25.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2023 to 2026
Operating margin
6.1%
Net margin
7.4%
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.1% | – | – | – | |
| Operating income | -61.5% | – | – | – | |
| Net income | -51.3% | – | – | – | |
| EPS, diluted | -51.3% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2023 | FY2023 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 69.1% | |
| Current ratio | – | – | 1.52 | |
| Debt to equity | – | – | -9.11 | |
| Net debt to EBITDA | – | – | 4.06× | |
| Capex to revenue | – | – | 4.3% | |
| Diluted shares | – | – | 150M |
Cash use needs five years of cash flow figures
FedEx Freight Holding does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.4%
×Asset turnover1.48×
×Equity multiplier6.28×
=Return on equity, FY202669.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 7.4% | 1.48× | 6.28× | 69.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 6 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$655.00M
- Cash generatingOperating cash flow above zero$167.00M
- Return on assets improvedROA up on the prior year– → 13.0%
- Earnings backed by cashOperating cash flow above net income$167.00M vs $655.00M
- Less leverageLong-term debt to assets fell1.3% → 65.1%
- Better liquidityCurrent ratio rose0.37 → 1.52
- No dilutionShare count did not rise150M → 150M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → 1.75