FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

NYSE:FDX

FedEx Corporation

Last Close

265.84

29/04 15:20

Market Cap

65.42B

Beta: 1.34

Volume Today

159.68K

Avg: 2.03M

PE Ratio

13.91

PFCF: 14.66

Dividend Yield

2.07%

Payout:28.32%

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