FDX vs ODFL vs RXO Stock Comparison

Fedex, Old Dominion Freight Line and Rxo Prices as of Oct 23, 2026 Peers: Industry group
FDX Fedex Corp
$298.81 +2.5% 1M +55.7% 1Y
Market cap
$71.23B
P/E
16.1x
Revenue (TTM)
$94.72B
Div. yield
–
Parcel Delivery Industrials
5 wins
RXO RXO, Inc.
$28.75 +44.7% 1M +66.9% 1Y
Market cap
$4.87B
P/E
–
Revenue (TTM)
$6.09B
Div. yield
–
Logistics Industrials
2 wins

Head to Head

11 decided of 12

Fedex leads on 5 of the 12 questions below (Fedex 5, Old Dominion Freight Line 4, Rxo 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFDXODFLRXOLeader
Larger companyMarket capitalisation $71.23B $37.87B $4.87B FDX
Cheaper on earningsLower P/E, profitable companies only 16.1x 34.8x -46.4x FDX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.8x 29.8x 221.2x FDX
Faster revenue growthRevenue growth, trailing twelve months +7.7% -0.6% +9.5% RXO
More profitableNet margin, trailing twelve months 4.7% 19.4% -1.7% ODFL
Better return on capitalReturn on invested capital 7.4% 24.1% -3.3% ODFL
Less leveragedLower net debt / EBITDA 1.3x -0.1x 16.0x ODFL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +55.7% +34.5% +66.9% RXO
Better 5-year returnAnnualised price return, 5 years +9.7%/yr +2.6%/yr — FDX
Less volatileAnnualised volatility, 1 year 28.3% 37.6% 75.6% FDX
Higher overall scoreMean of the five percentile scores vs peers 46/100 50/100 23/100 ODFL

Percentile Scorecard

FDXODFLRXO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFDXODFLRXO
Valuation 57 #59 of 136 7 #126 of 136 13 #119 of 136
Growth 68 #40 of 122 35 #80 of 122 19 #99 of 122
Profitability 47 #64 of 119 87 #16 of 119 19 #97 of 119
Financial Health 46 #80 of 147 94 #10 of 147 43 #84 of 147
Shareholder Returns 12 #74 of 84 28 #61 of 84 –
Overall 46 50 23
  • FDX ranked among 150 companies in Transportation
  • ODFL ranked among 150 companies in Transportation
  • RXO ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFDXODFLRXOSPY
1 month +2.5%+2.8%+44.7% -1.0%
3 months -5.2%-21.6%+12.2% +2.9%
6 months -4.4%-16.9%+48.3% +6.4%
Year to date +28.4%+16.5%+127.5% +11.4%
1 year +55.7%+34.5%+66.9% +13.1%
3 years +53.4%-5.3%+57.7% +79.4%
3 years, per year +15.3%-1.8%+16.4% +21.5%
5 years +59.2%+13.6%— +67.7%
5 years, per year +9.7%+2.6%— +10.9%
10 years +117.9%+682.0%— +255.2%
10 years, per year +8.1%+22.8%— +13.5%

Risk

MeasureFDXODFLRXOSPY
Volatility, 1Y 28.3%37.6%75.6% 12.7%
Downside volatility, 1Y 27.5%37.9%83.2% 12.7%
Beta vs S&P 500, 1Y 0.800.931.83 1.00
Return / volatility, 1Y 1.970.920.88 1.03
Max drawdown, 5Y -46.1%-45.5%-67.1% -25.4%
From 52-week high -12.0%-26.5%-1.9% -2.5%
52-week high $339.38$248.73$29.32 $779.14
52-week low $191.92$126.29$10.48 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFDXODFLRXO
P/E now vs peer median 16.0xmedian 16.0x 34.8xmedian 16.0x -46.5xmedian 16.0x
P/S now vs peer median 0.7xmedian 1.0x 6.8xmedian 1.0x 0.8xmedian 1.0x
EV/EBITDA now vs peer median 8.4xmedian 8.7x 20.7xmedian 8.7x 174.0xmedian 8.7x
P/FCF now vs peer median 13.8xmedian 11.5x 34.0xmedian 11.5x -62.4xmedian 11.5x
P/B now vs peer median 2.2xmedian 1.2x 8.3xmedian 1.2x 3.1xmedian 1.2x
PEG now vs peer median 2.58median 0.82 -10.04median 0.82 0.46median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFDXODFLRXO
Revenue $94.72B $5.60B $6.09B
Gross profit – – $1.11B
Operating income $5.46B $1.45B -$76.00M
Net income $4.43B $1.09B -$105.00M
Free cash flow $5.12B $1.11B -$76.00M
EPS (diluted) $18.55 $5.22 $-0.62
Cash & equivalents $13.31B $283.94M $15.00M
Total debt $25.71B $184.98M $495.00M
Shares (diluted) 239.00M 208.72M 169.65M
Enterprise value $37.18B $37.14B $4.79B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFDXODFLRXO
P/E 16.0x 34.8x -46.5x
P/FCF 13.8x 34.0x -62.4x
P/Operating cash flow 7.9x 27.2x -278.9x
P/S 0.7x 6.8x 0.8x
P/B 2.2x 8.3x 3.1x
P/Tangible book 2.2x 8.3x 4.4x
EV/EBITDA 8.4x 20.7x 174.0x
EV/EBIT 15.2x 26.0x -68.7x
EV/Revenue 0.9x 6.7x 0.9x
EV/FCF 16.2x 33.8x -68.7x
EV/Operating cash flow 9.3x 27.0x -307.1x
PEG (3Y EPS CAGR) 2.58 -10.04 0.46

Growth

14 metrics
MetricFDXODFLRXO
Revenue growth (1Y) 7.7% -0.6% 9.5%
Revenue CAGR (3Y) 1.7% -2.0% 12.9%
Gross profit growth (1Y) – – -1.4%
Gross profit CAGR (3Y) – – 1.7%
Operating income growth (1Y) 4.7% 1.1% -2.7%
Operating income CAGR (3Y) 3.6% -5.2% -62.7%
Net income growth (1Y) 8.3% -0.5% 65.9%
Net income CAGR (3Y) 3.7% -5.2% -120.7%
EPS growth (1Y) 10.3% 1.1% 66.1%
EPS CAGR (3Y) 6.2% -3.5% -101.3%
Operating cash flow growth (1Y) 26.8% -5.2% -342.9%
Operating cash flow CAGR (3Y) 0.3% -4.1% -27.8%
Free cash flow growth (1Y) 71.6% 42.8% -68.9%
Free cash flow CAGR (3Y) 24.1% 19.9% -36.6%

Profitability

14 metrics
MetricFDXODFLRXO
Gross margin – – 18.2%
EBITDA margin 10.4% 32.4% 0.5%
Operating margin 5.8% 25.8% -1.2%
Pretax margin 6.1% 25.9% -2.0%
Net margin 4.7% 19.4% -1.7%
FCF margin 5.4% 19.9% -1.2%
Operating cash flow margin 9.4% 24.9% -0.3%
Return on equity 14.4% 24.3% -7.0%
Return on assets 4.6% 19.1% -3.1%
Return on invested capital 7.4% 24.1% -3.3%
Return on capital employed 7.0% 28.0% -3.6%
Asset turnover 1.0x 1.0x 1.8x
Cash conversion (OCF / net income) 2.0x 1.3x 0.2x
Stock comp / revenue 0.2% – 0.5%

Financial Health

11 metrics
MetricFDXODFLRXO
Debt / assets 26.0% 0.3% 14.3%
Debt / equity 0.8x 0.0x 0.3x
Net debt / EBITDA 1.3x -0.1x 16.0x
Debt / FCF 5.0x 0.0x -6.5x
Liabilities / assets 68.0% 20.7% 56.5%
Equity / assets 32.0% 79.3% 43.5%
Interest coverage – 2,184x –
Current ratio 1.5x 1.9x 1.3x
Quick ratio 1.4x 1.7x 1.2x
Cash ratio 0.7x 0.5x 0.0x
Altman Z-score 2.51 22.10 3.08

Shareholder Returns

7 metrics
MetricFDXODFLRXO
Dividend yield 1.8% 0.6% –
Net buyback yield -0.3% 1.4% –
Shareholder yield 1.5% 2.1% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFDXODFLRXO
Forward P/E 17.8xFY2026 29.8xFY2026 221.2xFY2026
EPS, next fiscal year $16.80FY2026 $6.13FY2026 $0.13FY2026
EPS growth, next FY -14.6%FY2026 +26.7%FY2026 –
EPS growth, the year after +20.3% +3.6% +384.6%
Revenue, next fiscal year $94.93BFY2026 $6.39BFY2026 $7.20BFY2026
Revenue growth, next FY +1.6%FY2026 +16.1%FY2026 +25.5%FY2026
Revenue growth, the year after +7.2% -5.2% -0.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFDXODFLRXO
Held by institutions 80.6% 79.6% 100.0%
Institutions holding 1,939 1,025 302
Change in shares held, QoQ +2.3% +2.2% -1.3%
Institutions buying 902 543 164
Institutions selling 693 341 82
Buyers to sellers 1.30 1.59 2.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FDXODFLRXO
FDX 1.00 0.56 0.33
ODFL 0.56 1.00 0.50
RXO 0.33 0.50 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FDX, ODFL and RXO?

Fedex (FDX) is the largest by market capitalisation: Fedex (FDX) $71.23B, Old Dominion Freight Line (ODFL) $37.87B, Rxo (RXO) $4.87B.

Which stock is cheaper, FDX, ODFL and RXO?

Fedex (FDX) trades on the lowest price-to-earnings ratio (Fedex (FDX) 16.1x, Old Dominion Freight Line (ODFL) 34.8x, Rxo (RXO) -46.4x). On next year's consensus earnings, Fedex (FDX) is cheapest (Fedex (FDX) 17.8x, Old Dominion Freight Line (ODFL) 29.8x, Rxo (RXO) 221.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Rxo (RXO) grew revenue fastest over the trailing twelve months: Fedex (FDX) +7.7%, Old Dominion Freight Line (ODFL) -0.6%, Rxo (RXO) +9.5%.

Which company is more profitable?

Old Dominion Freight Line (ODFL) has the highest net margin (Fedex (FDX) 4.7%, Old Dominion Freight Line (ODFL) 19.4%, Rxo (RXO) -1.7%). On return on invested capital, Old Dominion Freight Line (ODFL) leads (Fedex (FDX) 7.4%, Old Dominion Freight Line (ODFL) 24.1%, Rxo (RXO) -3.3%).

Which stock has performed better?

Over the past year Rxo (RXO) returned the most: Fedex (FDX) +55.7%, Old Dominion Freight Line (ODFL) +34.5%, Rxo (RXO) +66.9%. Over five years, Fedex (FDX) compounded fastest (Fedex (FDX) +9.7%/yr, Old Dominion Freight Line (ODFL) +2.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Fedex (FDX) has been the steadiest (Fedex (FDX) 28.3%, Old Dominion Freight Line (ODFL) 37.6%, Rxo (RXO) 75.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FDX, ODFL and RXO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Fedex (FDX) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.