What is the 13F Pro Quality Score for FDX?

13F Pro ranks FEDEX CORP (FDX) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FDX's current score at https://13fpro.ai/company/FDX (free sign-up required for the full ranking).

Which hedge funds own the most FDX stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of FDX include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/FDX as soon as new 13F filings post.

Where does 13F Pro source FDX data?

All FEDEX CORP fundamentals and ownership data come directly from SEC EDGAR. FEDEX CORP files with the SEC under CIK 1048911. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FDX in?

FEDEX CORP (FDX) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives FDX's revenue?

Per FEDEX CORP's latest 10-K filed with the SEC on 2026-07-20, the biggest revenue drivers are: FedEx Freight segment ($8.8B, -1% YoY); Corporate, other, and eliminations ($3.8B, -2% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/FDX.

What are FDX's largest expenses?

FEDEX CORP's latest 10-K reports these as the largest expense items: Salaries and employee benefits ($33.8B, +8% YoY); Purchased transportation ($23.6B, +9% YoY); Fuel ($4.1B, +7% YoY). Sourced directly from SEC EDGAR filing text for FY2026 (year ended May 31, 2026).

How often is FDX research updated on 13F Pro?

FDX's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

FEDEX CORP(FDX)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Industrials →NYSElarge

Institutional-grade research for retail investors

SEC EDGAR: CIK 1048911 FDX stock profile & AI dashboard →

13F Pro Quality Score

60.3/100

Rank #863 of 2,961 stocksTOP 50%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

38.5/100

Profitability

48.5/100

Balance Sheet

69.7/100

Earnings Quality

70.4/100

Free Cash Flow

43.6/100

Institutional Flow

72.0/100

Revenue Scale

98.6/100

Dilution Risk

85.7/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why FDX Scores 60/100

exact factor attribution · 2026-09-11

FDX's composite is driven by scale and earnings quality, held back by revenue growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+7.3 pts

99th pct

Earnings quality

+2.0 pts

70th pct

Capital efficiency

+2.0 pts

70th pct

Shareholder dilution

+1.8 pts

86th pct

Institutional flow

+1.1 pts

72th pct

Profitability

-0.2 pts

49th pct

Earnings growth

-0.4 pts

42th pct

Free cash flow

-1.0 pts

44th pct

Revenue growth

-2.3 pts

39th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

FDX Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for FEDEX CORP (FDX), a Industrials sector company. 13F Pro's AI-powered ranking engine scores FDX at 60.3/100 on a 32-signal composite quality model, placing it at rank #863 of 2,961 stocks — the top half of the AI-ranked universe. FDX scores in the top quartile across revenue scale (98.6). Areas of concern include revenue growth (38.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), FEDEX CORP reports quarterly revenue of $25.0B, net income of $1.6B, an operating margin of 6.2%. Top institutional holders of FDX by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. FDX trades on the NYSE exchange and files with the SEC under CIK 1048911. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FDX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FEDEX CORP directly from SEC EDGAR. FEDEX CORP's 13F Pro composite quality score has ranged between 46 and 62 since 2021, currently 60.3 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about FEDEX CORP

Quirks, history, and lore behind FDX — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. industrials company · mega-cap · listed on the NYSE · headquartered in Tennessee.
2
The Numbers
Annual revenue north of $90 billion, with a global workforce of roughly 500,000 employees — enough to populate a mid-sized country.
3
The History
Founded in the early 1970s, it pioneered the concept of overnight package delivery in the United States, revolutionizing logistics before the internet existed.
4
The Secret
The founder's business school thesis outlining the core concept reportedly earned a C grade — a professor who clearly didn't see the trillion-dollar vision coming.
5
The Lore
Its Memphis hub is one of the busiest cargo airports on Earth, and a certain Wilson volleyball became famous when one of its planes crash-landed in a 2000 film.
6
The Giveaway
The purple-and-orange logo with a hidden arrow between the E and X is a design school legend — and those overnight envelopes are basically iconic American office furniture.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving FDX's Business? Latest 10-K Breakdown

AI-extracted from FEDEX CORP's 10-K filed 2026-07-20 — FY2026 (year ended May 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

FedEx reported $94.7B revenue (+8% YoY) with consolidated operating income of $5.5B (+5% YoY), while executing spin-off of FedEx Freight completed June 1, 2026.

Biggest Revenue Drivers

FedEx Freight segment$8.8B-1% YoY

Lower volume from macroeconomic conditions, partially offset by higher fuel surcharges and base yield improvement.

Corporate, other, and eliminations$3.8B-2% YoY

Lower demand at FedEx Logistics and reduced FedEx Office activity.

Biggest Revenue Drivers

Total revenue: $94.7B+8% YoY

FedEx Freight segment$8.8B-1% YoY

Lower volume from macroeconomic conditions, partially offset by higher fuel surcharges and base yield improvement.

Corporate, other, and eliminations$3.8B-2% YoY

Lower demand at FedEx Logistics and reduced FedEx Office activity.

Largest Expense Items

Salaries and employee benefits$33.8B+8% YoY

Higher wage rates, variable incentive compensation, employee benefit expenses, and unfavorable exchange rates.

Purchased transportation$23.6B+9% YoY

Volume-related costs to support higher package volume and contracted service provider rate increases.

Fuel$4.1B+7% YoY

Higher fuel prices, partially mitigated by indexed fuel surcharges linked to market prices.

Other operating expenses$14.0B+8% YoY

Increased credit losses, higher outside service contracts and professional fees, and unfavorable exchange rates.

Margins: Consolidated operating margin declined 10 basis points to 5.8% in 2026 despite 8% revenue growth, as higher salaries, employee benefits, and purchased transportation expenses offset improved yields and fuel surcharges. Federal Express margin expanded 70 basis points to 7.2% on operational improvements, while FedEx Freight margin contracted sharply 970 basis points to 7.0% due to lower volumes from macroeconomic headwinds.

Watch Items from the Filing

Spin-Off completed June 1, 2026; FedEx retained 19.9% equity stake in FedEx Freight and committed to divest within 24 months. Uncertainty regarding divestiture timing, proceeds, and trading price of FedEx Freight shares.
Tariff refund claims: FedEx filed $3.3B in IEEPA tariff refund claims through CBP; received $800M cash refunds as of May 31, 2026. Recorded $749M customer refund liability. Timing and ultimate amount of remaining refunds uncertain.
MD-11 aircraft grounding: FAA emergency airworthiness directive in November 2025 grounded entire MD-11 fleet, causing operational disruptions during fiscal 2026. Fleet expected fully operational by end of calendar 2026.
Macroeconomic headwinds: Decline in U.S. consumer goods imports since late 2022, elevated inflation, and elevated interest rates continue to negatively affect volumes and business conditions through remainder of calendar 2026.
Pilot CBA ratified June 9, 2026; took effect June 29, 2026; amendable December 2030. Higher pilot compensation expected to increase costs in remainder of calendar 2026 and beyond.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-K on SEC EDGAR →Share on X

Revenue

Q2 2026

$25.0B

Net Income

Q2 2026

$1.6B

Free Cash Flow

Q2 2026

$1.8B

Operating Margin

Q2 2026

6.2%

ROIC

Q2 2026

10.8%

D/E Ratio

Q2 2026

0.82

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+7.7% YoY

$94.72BFY 2026

FY23 $90.16BFY24 $87.69BFY25 $87.93BFY26 $94.72B

Net Income

+8.3% YoY

$4.43BFY 2026

FY23 $3.97BFY24 $4.33BFY25 $4.09BFY26 $4.43B

Operating Income

+4.7% YoY

$5.46BFY 2026

FY23 $4.91BFY24 $5.56BFY25 $5.22BFY26 $5.46B

EPS (Diluted)

+10.4% YoY

$18.55FY 2026

FY23 $15.48FY24 $17.21FY25 $16.81FY26 $18.55

Total Assets

+12.9% YoY

$98.94BFY 2026

FY23 $87.14BFY24 $87.01BFY25 $87.63BFY26 $98.94B

Total Debt

+21.3% YoY

$25.88BFY 2026

FY23 $20.58BFY24 $20.20BFY25 $21.33BFY26 $25.88B

Op. Cash Flow

+26.8% YoY

$8.93BFY 2026

FY23 $8.85BFY24 $8.31BFY25 $7.04BFY26 $8.93B

Free Cash Flow

+71.6% YoY

$5.12BFY 2026

FY23 $2.67BFY24 $3.14BFY25 $2.98BFY26 $5.12B

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$94.72B +7.7%	$87.93B +0.3%	$87.69B -2.7%	$90.16B -3.6%	$93.51B +11.4%	$83.96B
Net Income	$4.43B +8.3%	$4.09B -5.5%	$4.33B +9.0%	$3.97B +3.8%	$3.83B -26.9%	$5.23B
Operating Income	$5.46B +4.7%	$5.22B -6.2%	$5.56B +13.2%	$4.91B -21.3%	$6.25B +6.6%	$5.86B
EPS (Diluted)	$18.55 +10.4%	$16.81 -2.3%	$17.21 +11.2%	$15.48 +8.0%	$14.33 -26.3%	$19.45
Total Assets	$98.94B +12.9%	$87.63B +0.7%	$87.01B -0.2%	$87.14B +1.3%	$85.99B +3.9%	$82.78B
Total Debt	$25.88B +21.3%	$21.33B +5.6%	$20.20B -1.8%	$20.58B +1.6%	$20.26B -2.9%	$20.88B
Operating Cash Flow	$8.93B +26.8%	$7.04B -15.4%	$8.31B -6.1%	$8.85B -10.0%	$9.83B -3.0%	$10.13B
Free Cash Flow	$5.12B +71.6%	$2.98B -4.9%	$3.14B +17.3%	$2.67B -12.9%	$3.07B -27.8%	$4.25B

Get alerted when FDX's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for FEDEX CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FDX

BlackRock, Inc.
$6.5B20,784,028 sh
VANGUARD CAPITAL MANAGEMENT LLC
$4.4B14,181,180 sh
STATE STREET CORP
$3.2B10,053,615 sh
PRIMECAP MANAGEMENT CO/CA/
$2.6B8,156,799 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.3B7,347,236 sh
DODGE & COX
$2.3B7,233,269 sh
FRANKLIN RESOURCES INC
$1.7B5,364,782 sh
GEODE CAPITAL MANAGEMENT, LLC
$1.6B5,194,414 sh
FMR LLC
$1.6B5,040,208 sh
NORGES BANK
$1.2B3,716,680 sh

Fund	Value	Shares
BlackRock, Inc.	$6.5B	20,784,028
VANGUARD CAPITAL MANAGEMENT LLC	$4.4B	14,181,180
STATE STREET CORP	$3.2B	10,053,615
PRIMECAP MANAGEMENT CO/CA/	$2.6B	8,156,799
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.3B	7,347,236
DODGE & COX	$2.3B	7,233,269
FRANKLIN RESOURCES INC	$1.7B	5,364,782
GEODE CAPITAL MANAGEMENT, LLC	$1.6B	5,194,414
FMR LLC	$1.6B	5,040,208
NORGES BANK	$1.2B	3,716,680

Companies Similar to FDX

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

UPS

UNITED PARCEL SERVICE INC

AI score

Very similar · 28 shared holders

PRIMECAP MANAGEMENT CO/CA/National Pension Service LSV ASSET MANAGEMENT

CMI

CUMMINS INC

AI score

Very similar · 32 shared holders

Boston Partners LSV ASSET MANAGEMENT National Pension Service

LMT

LOCKHEED MARTIN CORP

AI score

Very similar · 28 shared holders

National Pension Service HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Brandywine Global Investment Management, LLC

CARR

CARRIER GLOBAL Corp

AI score

Very similar · 24 shared holders

DODGE & COX PRIMECAP MANAGEMENT CO/CA/National Pension Service

DEERE & CO

AI score

Very similar · 30 shared holders

GATES FOUNDATION TRUST National Pension Service HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC

ETN

Eaton Corp plc

AI score

Very similar · 19 shared holders

National Pension Service PFA Pension, Forsikringsaktieselskab Korea Investment CORP

NSC

NORFOLK SOUTHERN CORP

AI score

Very similar · 27 shared holders

DODGE & COX Capital Wealth Planning, LLC PRIMECAP MANAGEMENT CO/CA/

GENERAL DYNAMICS CORP

AI score

Very similar · 30 shared holders

Boston Partners National Pension Service HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Industrials Companies

View all Industrials →

AADX

Applied Aerospace & Defense, Inc.

AAL

American Airlines Group Inc.

AAON

AAON, INC.

ABM

ABM INDUSTRIES INC /DE/

ACA

Arcosa, Inc.

ACHR

Archer Aviation Inc.

ACLS

AXCELIS TECHNOLOGIES INC

ACMR

ACM Research, Inc.

Put FDX on your watchlist

Track score changes the day FEDEX CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is FDX a good stock to buy?

13F Pro's AI-powered analysis of FEDEX CORP (FDX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FDX are available on the FDX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FDX is classified as a large company.

Which hedge funds own FDX?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FDX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of FEDEX CORP's investment landscape.