Fedex Corp
$85.47B- Market cap
- $73.81B
- Debt
- +$24.97B
- Cash
- −$13.31B
Capital structure 75% equity / 25% debt · EV / Revenue 0.90x · EV proxy / EBITDA proxy 8.69x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $73.81B · View financials
Snapshot Sep 11, 2026, 4:00 PM ET
FY 2026 · Mkt cap
Decision snapshot: FDX stock price at discount vs CSCO $311.99 current versus $624.63 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at CSCO's multiple
Implied fair value · at FDX's multiple
Snapshot Sep 11, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Multiple discount
Lower P/E
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 75% equity / 25% debt · EV / Revenue 0.90x · EV proxy / EBITDA proxy 8.69x
Capital structure 94% equity / 6% debt · EV / Revenue 7.33x · EV proxy / EBITDA proxy 28.90x
CSCO carries the larger enterprise value at $464.40B against $85.47B; FDX trades on the lower EV / Revenue multiple (0.90x vs 7.33x); FDX on the lower EV / EBITDA (8.69x vs 28.90x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
FEDEX CORP · implied price per share
Bear
$156.99
Base
$197.38
Bull
$251.88
CISCO SYSTEMS, INC. · implied price per share
Bear
$43.38
Base
$52.40
Bull
$64.84
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
UNITED PARCEL SERVICE INC
FDX vs UPS
C. H. ROBINSON WORLDWIDE, INC.
FDX vs CHRW
HUNT J B TRANSPORT SERVICES INC
FDX vs JBHT
EXPEDITORS INTERNATIONAL OF WASHINGTON INC
FDX vs EXPD
CIENA CORP
FDX vs CIEN
Palo Alto Networks Inc
FDX vs PANW
JUNIPER NETWORKS INC
FDX vs JNPR
Fortinet, Inc.
FDX vs FTNT
Arista Networks, Inc.
FDX vs ANET
Leidos Holdings, Inc.
FDX vs LDOS
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe FDX can close the large margin gap to CSCO while maintaining faster revenue growth, then consider adding exposure because the current multiple is far below CSCO-implied valuation; otherwise, the DCF range and weak quality signals argue for caution rather than chasing the 174.5% upside estimate.
FDX trades at 16.6x P/E versus CSCO at 45.5x, and at 0.8x P/S versus 8.1x, so the market is assigning a far lower multiple to FDX despite its larger revenue base. The current price of $307.40 sits near the top of FDX's historical band and well below both CSCO-implied range and the DCF range, suggesting the stock is expensive relative to its own history but still discounted versus the CSCO-based comp framework.
Supporting Metrics