FedEx (FDX)财务
NYSE · Industrials · Integrated Freight & Logistics · 员工530,000人 · CEO Rajesh Subramaniam
- 股价
- $313.28 +1.77%
- 市值
- $734亿
- 企业价值
- $995亿
- 最近财报
- Q1 '27 2026-10-28提交
- 下次财报
- 2027-02-02 EPS预期 $6.40
营收(TTM)–– 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)–– 对比去年同期营业利润 –
净利润(TTM)–– 对比去年同期税后,含营业外收益
自由现金流(TTM)–– 对比去年同期资本支出 –
稀释EPS(TTM)–– 对比去年同期最近4个季度之和
净现金-$229亿– 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $734亿 EV $995亿
- 营收
- – 过去12个月
- 营收增速
- -3% FY2027年一致预期
- 净利润率
- – 净利润 / 营收,TTM
- P/E
- 19.4× 预期 17.1×(FY2027)
- P/S
- 0.8× 股价 / 营收,TTM
- EV / EBITDA
- 10.2× TTM
- 自由现金流
- – 过去12个月
- 净利润
- – 过去12个月
- 营收预期
- $921亿 FY2027年一致预期
- 盈利
- 2027-02-02 营收预期 $255亿
- 股息
- $4.78 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-28):营收超预期0.5%,EPS 超预期12.0%营收$229亿,预期$227亿(+0.5%);EPS $3.74,预期$3.34(+12.0%)。
- 净债务 $229亿现金 + 短期投资 $112亿,含租赁债务 $341亿。
上一季度:Q1 '27
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q1 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $229亿 | – | – |
| 毛利率 | 4.7% | – | – |
| 营业利润 | $10.7亿 | – | – |
| 营业利润率 | 4.7% | – | – |
| 净利润 | $2.9亿 | – | – |
| 稀释EPS | $1.21 | – | – |
| 经营现金流 | $21.9亿 | – | – |
| 资本支出 | $6.16亿 | – | – |
| 自由现金流 | $15.7亿 | – | – |
| R&D | $0 | – | – |
| 股权激励费用 | -$7800万 | – | – |
实际 vs 一致预期
2026-10-28| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $229亿 | $227亿 | +0.5% |
| EPS(一致预期口径) | $3.74 | $3.34 | +12.0% |
来自2026-10-28发布的Q1 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Federal Express segment | – | – | – | – | – | |
| Federal Express Segment | – | – | – | – | – | |
| Fedex Freight Segment | – | – | – | – | – | |
| FedEx Freight segment | – | – | – | – | – | |
| Corporate Reconciling Items And Eliminations | $9亿 | – | 100.0% | – | – | |
| Corporate, Other, and Eliminations | – | – | – | – | – | |
| Other International Revenue | – | – | – | – | – |
按地区划分的营收
占总额比例| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $178亿 | – | 71.2% | $679亿 | – | |
| Non Us | $72亿 | – | 28.8% | $268亿 | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q1 '27分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Federal Express Segment | – | – | – | – | – | – | – |
| Fedex Freight Segment | – | – | – | – | – | – | – |
| Corporate Reconciling Items And Eliminations | – | – | -$9900万 | – | – | – | – |
| Fed Ex Freight And Fed Ex Express Segments | – | – | – | – | – | – | – |
| Express U.S.Domestic Segment | – | – | $9.46亿 | – | – | – | – |
| Express International Segment | – | – | $2.2亿 | – | – | – | – |
| Express U.S.Domestic And Express International Segment | – | – | $11.7亿 | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 自由现金流
- –
- 股东回报 / FCF
- –
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 19.4× | 12.8× | 10.4× – 18.2× |
| EV / EBITDA | 10.2× | 8.0× | 7.1× – 9.9× |
| EV / 营收 | 1.0× | 0.9× | 0.8× – 1.2× |
| 股价 / FCF | 13.1× | 15.7× | 14.3× – 16.9× |
| 股价 / 净资产 | 2.1× | 1.9× | 1.5× – 2.6× |
| FCF收益率 | 7.6% | 6.4% | 5.9% – 7.0% |
| 投入资本回报率 | 6.0% | 6.0% | 5.2% – 6.9% |
| 净资产收益率 | 12.6% | 15.0% | 14.0% – 15.7% |
分析师
一致目标价 $314.77 (+0.5%)
区间 $140.00 – $425.00 · 评级 Buy
强烈买入0
买入28
持有18
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $921亿 | -2.7% | $18.28 | -1.4% | 17.1× | 7 |
| FY2028 | $958亿 | +4.0% | $21.11 | +15.5% | 14.8× | 4 |
| FY2029 | $986亿 | +2.9% | $23.73 | +12.4% | 13.2× | 1 |
| FY2030 | $1000亿 | +1.9% | $27.16 | +14.5% | 11.5× | 1 |
| FY2031 | $1050亿 | +5.0% | $29.49 | +8.5% | 10.6× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
FedEx Corporation在近期10-Q / 10-K文件中标记的全部337项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | -$100万 | – | – | |
| – | – | – | 0.0% | – | – | |
| – | – | – | $13.7亿 | – | – | |
| – | – | – | $4.02亿 | – | – | |
| – | – | – | $1.4亿 | – | – | |
| – | – | – | $38.1亿 | $40.6亿 | -6.1% | |
| Accounts Payable, Current | $69.6亿 | – | – | $43.3亿 | $36.9亿 | +17.2% |
| Accounts Receivable, Allowance for Credit Loss | $2.77亿 | – | – | $5.1亿 | $4.38亿 | +16.4% |
| Accounts Receivable, Allowance for Credit Loss, Current | $5.95亿 | – | – | $8.64亿 | $7.73亿 | +11.8% |
| Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) | $2.52亿2026-05-31 | $1.39亿 | +81.3% | $9.46亿 | $5.21亿 | +81.6% |
| Accounts Receivable, Allowance for Credit Loss, Recovery | $2.68亿2026-05-31 | $2.39亿 | +12.1% | $10.2亿 | $9.03亿 | +13.2% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $5.91亿2026-05-31 | $3.55亿 | +66.5% | $19亿 | $14.2亿 | +33.3% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $2.52亿2026-05-31 | $1.39亿 | +81.3% | $9.46亿 | $5.21亿 | +81.6% |
| Accrual for Taxes Other than Income Taxes, Current | $3.92亿2026-05-31 | $3.72亿 | +5.4% | $3.92亿 | $3.72亿 | +5.4% |
| Accrued Employee Benefits, Current | $15.6亿2026-05-31 | $7.96亿 | +95.9% | $15.6亿 | $7.96亿 | +95.9% |
| Accrued Insurance, Current | $19.7亿2026-05-31 | $18.6亿 | +6.0% | $19.7亿 | $18.6亿 | +6.0% |
| Accrued Liabilities, Current | $96.5亿 | – | – | $57.3亿 | $50亿 | +14.6% |
| Accrued Salaries, Current | $14.5亿2026-05-31 | $10.8亿 | +33.6% | $14.5亿 | $10.8亿 | +33.6% |
| Accrued Vacation, Current | $7.53亿2026-05-31 | $8.52亿 | -11.6% | $7.53亿 | $8.52亿 | -11.6% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $459亿 | – | – | $460亿2025-05-31 | $429亿 | +7.2% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$17.7亿 | – | – | -$12.3亿 | -$13.6亿 | +9.9% |
| Additional Paid in Capital, Common Stock | $48.6亿 | – | – | $47.2亿 | $42.9亿 | +10.0% |
| Amortization of Intangible Assets | – | – | – | $5400万 | $4800万 | +12.5% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 100万 | 700万 | -85.7% | 400万 | 500万 | -20.0% |
| Asset Impairment Charges | – | – | – | $2300万 | $2100万 | +9.5% |
| Assets | $929亿 | – | – | $989亿 | $876亿 | +12.9% |
| Assets, Current | $250亿 | – | – | $279亿 | $184亿 | +51.8% |
| Assets, Noncurrent | $710亿2026-05-31 | $692亿 | +2.6% | $710亿 | $692亿 | +2.6% |
| Cash and Cash Equivalents, at Carrying Value | $79.6亿 | – | – | $133亿 | $55亿 | +141.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $131亿2026-05-31 | $53.9亿 | +142.2% | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations | $2.51亿2026-05-31 | $1.09亿 | +130.3% | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $79.6亿 | $64.6亿 | +23.2% | $133亿 | $55亿 | +141.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $16.2亿2026-05-31 | $3.67亿 | +342.2% | $78.1亿 | -$9.99亿 | +881.7% |
| Commercial Paper | $7.5亿2026-05-31 | – | – | $7.5亿 | – | – |
| Common Stock, Dividends, Per Share, Cash Paid | $1.452025-08-31 | – | – | – | – | – |
| Common Stock, Dividends, Per Share, Declared | $1.22 | $1.45 | -15.9% | $5.80 | $5.52 | +5.1% |
| Common Stock, Par or Stated Value Per Share | $0.10 | – | – | $0.10 | $0.10 | 0.0% |
| Common Stock, Shares Authorized | 8亿 | – | – | 8亿 | 8亿 | 0.0% |
| Common Stock, Shares, Issued | 3.18亿 | – | – | 3.18亿 | 3.18亿 | 0.0% |
| Common Stock, Value, Issued | $3200万 | – | – | $3200万 | $3200万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $3.3亿 | $9.07亿 | -63.6% | $45.7亿 | $40.9亿 | +11.7% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $7.14亿 | – | – | $7.6亿 | $5.26亿 | +44.5% |
| Contract with Customer, Asset, before Allowance for Credit Loss | $6.92亿2026-02-28 | $6.7亿 | +3.3% | $6.73亿2025-05-31 | $6.72亿 | +0.1% |
| Contract with Customer, Liability, Current | $1700万 | – | – | $2000万 | $2300万 | -13.0% |
| Cost of Property Repairs and Maintenance | $7.94亿 | $7.84亿 | +1.3% | $33.3亿 | $32.5亿 | +2.6% |
| Costs and Expenses | $218亿 | $195亿 | +12.0% | $893亿 | $827亿 | +7.9% |
| Current Federal Tax Expense (Benefit) | – | – | – | $13.4亿 | $8.91亿 | +49.8% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $3.84亿 | $3.59亿 | +7.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $19.1亿 | $14亿 | +36.5% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $1.86亿 | $1.46亿 | +27.4% |
| Debt and Lease Obligation | $250亿2026-05-31 | $206亿 | +21.3% | $250亿 | $206亿 | +21.3% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $2.39亿2026-05-31 | $2.14亿 | +11.7% | $2.39亿 | $2.14亿 | +11.7% |
| Debt Related Commitment Fees and Debt Issuance Costs | – | – | – | $600万 | $1800万 | -66.7% |
| Debt Securities | $2.66亿 | – | – | – | – | – |
| Debt Securities, Realized Gain (Loss) | – | – | – | $0 | $0 | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$5.34亿 | -$3.02亿 | -76.8% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$900万 | $2.35亿 | -103.8% |
| Deferred Income Tax Assets, Net | $11.6亿2026-05-31 | $11.2亿 | +3.7% | $11.6亿 | $11.2亿 | +3.7% |
| Deferred Income Tax Expense (Benefit) | -$2.63亿 | – | – | -$5.45亿 | -$4700万 | -1,059.6% |
| Deferred Income Tax Liabilities, Net | $30.1亿 | – | – | $36.6亿 | $42.1亿 | -12.9% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-K 2026-05-31, 10-Q 2026-02-28, 10-Q 2025-11-30, 10-Q 2025-08-31, 10-K 2025-05-31, 10-Q 2025-02-28, 10-Q 2024-11-30, 10-Q 2024-08-31
数据截至 2026-11-01