All companies
FedEx logo
IndustrialsFDX

FedEx (FDX) Financial Forecast Calculator

Interactive 5-year forecast and DCF for FedEx. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from FedEx’s most recent SEC filings.

Revenue FY30
$124.38B
from $90.16B
FCF FY30
$24.78B
Margin 19.9%
Enterprise value
$343.95B
3.8× LTM revenue
Equity value
$330.25B
Net debt $13.70B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
6.6%
-10.0%baseline 6.6%40.0%
Gross margin
45.0%
5.0%baseline 45.0%90.0%
Capex % of revenue
7.5%
0.0%baseline 7.5%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the FedEx forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What services does FedEx Corporation provide globally?+

FedEx Corporation offers a broad portfolio of transportation, e-commerce, and business services worldwide. It operates a massive, integrated air-ground network to deliver time-sensitive packages and heavy freight across over 220 countries and territories.

What are the main drivers of FedEx's revenue?+

FedEx's revenue is primarily driven by its Federal Express segment, which accounts for approximately 86% of its total revenue through its unified air-ground network. The company also generates significant revenue from its FedEx Freight segment, providing less-than-truckload freight transportation services.

What is a key capital expenditure assumption in the FedEx financial model?+

A key capital expenditure assumption in the financial model is Capex_Pct_Revenue at 0.07488741324371226. This reflects the company's strategic shift towards maintenance and efficiency upgrades, such as facility consolidation and automation, rather than significant capacity expansion.

What is the primary objective of the FedEx financial model regarding valuation?+

The main objective of the FedEx financial model is to evaluate the equity valuation and cash flow generation of the corporation. It specifically focuses on the anticipated margin expansion from the "Network 2.0" consolidation and the financial impact of the planned FedEx Freight spin-off in June 2026.

Is an Excel financial model available for FedEx, and what is its forecast horizon?+

Yes, a downloadable Excel financial model for FedEx is available. This general corporate model provides a forecast horizon spanning from FY2026 through FY2030.

How does FedEx's "Network 2.0" initiative aim to change its business model?+

The "Network 2.0" initiative aims to transition FedEx's historically asset-heavy business model into a more flexible, data-driven network through facility consolidation and automation of sorting hubs. This strategy is expected to drive margin expansion and enhance operational efficiency.

Have more financial modelling questions? Contact us

Go further

Build the financial model you need with Fina

Browse templates, examples, and downloadable Excel models for the analysis you are trying to build. If you can't find your model, ask Fina to build a model for your specific needs.

Start for free
Excel financial model spreadsheet preview showing Customer Rollforward
Fina interactive chat interface preview