FDX vs PBI vs XRX Stock Comparison

Fedex, Pitney Bowes and Xerox Holdings Prices as of Oct 27, 2026 Peers: Industry group
FDX Fedex Corp
$307.22 +7.5% 1M +54.1% 1Y
Market cap
$72.37B
P/E
16.3x
Revenue (TTM)
$94.72B
Div. yield
–
Parcel Delivery Industrials
3 wins
PBI Pitney Bowes Inc /De/
$17.29 +5.5% 1M +45.7% 1Y
Market cap
$2.37B
P/E
12.7x
Revenue (TTM)
$1.87B
Div. yield
0.02%
Office Equipment Industrials
6 wins
XRX Xerox Holdings Corp
$2.54 -23.5% 1M -30.0% 1Y
Market cap
$359.31M
P/E
–
Revenue (TTM)
$7.49B
Div. yield
0.11%
Office Equipment Industrials
3 wins

Head to Head

12 decided of 12

Pitney Bowes leads on 6 of the 12 questions below (Pitney Bowes 6, Fedex 3, Xerox Holdings 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFDXPBIXRXLeader
Larger companyMarket capitalisation $72.37B $2.37B $359.31M FDX
Cheaper on earningsLower P/E, profitable companies only 16.3x 12.7x -0.4x PBI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.3x 9.7x 16.9x PBI
Faster revenue growthRevenue growth, trailing twelve months +7.7% -5.3% +18.9% XRX
More profitableNet margin, trailing twelve months 4.7% 10.0% -12.4% PBI
Better return on capitalReturn on invested capital 7.4% 18.8% -1,131.5% PBI
Less leveragedLower net debt / EBITDA 1.3x 4.2x 0.1x XRX
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.11% XRX
Better 1-year returnPrice return, last 12 months +54.1% +45.7% -30.0% FDX
Better 5-year returnAnnualised price return, 5 years +10.1%/yr +20.1%/yr -32.4%/yr PBI
Less volatileAnnualised volatility, 1 year 28.2% 34.2% 89.0% FDX
Higher overall scoreMean of the five percentile scores vs peers 45/100 77/100 36/100 PBI

Percentile Scorecard

FDXPBIXRX

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

AxisFDXPBIXRX
Valuation 54 #63 of 136 92 #10 of 112 90 #12 of 112
Growth 67 #41 of 121 93 #8 of 96 26 #71 of 96
Profitability 46 #63 of 115 96 #5 of 91 12 #80 of 91
Financial Health 47 #76 of 143 16 #105 of 125 32 #86 of 125
Shareholder Returns 11 #73 of 82 88 #9 of 67 21 #53 of 67
Overall 45 77 36
  • FDX ranked among 150 companies in Transportation
  • PBI ranked among 130 companies in Business Services
  • XRX ranked among 130 companies in Business Services

Price Performance

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

Returns

PeriodFDXPBIXRXSPY
1 month +7.5%+5.5%-23.5% -0.2%
3 months -1.7%-3.0%-7.6% +3.9%
6 months -2.3%+9.3%+59.7% +8.2%
Year to date +32.0%+63.6%+7.2% +12.9%
1 year +54.1%+45.7%-30.0% +12.3%
3 years +66.6%+465.0%-79.2% +87.4%
3 years, per year +18.6%+78.2%-40.7% +23.3%
5 years +61.6%+149.5%-85.9% +67.9%
5 years, per year +10.1%+20.1%-32.4% +10.9%
10 years +118.6%-0.5%-89.9% +261.1%
10 years, per year +8.1%0.0%-20.5% +13.7%

Risk

MeasureFDXPBIXRXSPY
Volatility, 1Y 28.2%34.2%89.0% 12.7%
Downside volatility, 1Y 27.5%34.3%75.0% 12.7%
Beta vs S&P 500, 1Y 0.790.702.29 1.00
Return / volatility, 1Y 1.921.33-0.34 0.97
Max drawdown, 5Y -46.1%-70.9%-94.9% -25.4%
From 52-week high -9.5%-6.6%-30.0% -1.2%
52-week high $339.38$18.52$3.63 $779.14
52-week low $199.31$9.02$1.22 $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.

MultipleFDXPBIXRX
P/E now vs peer median 16.4xmedian 16.3x 12.6xmedian 21.2x -0.4xmedian 21.2x
P/S now vs peer median 0.8xmedian 1.0x 1.3xmedian 0.9x 0.0xmedian 0.9x
EV/EBITDA now vs peer median 8.6xmedian 8.7x 9.9xmedian 11.9x 0.0xmedian 11.9x
P/FCF now vs peer median 14.2xmedian 11.4x 5.7xmedian 13.7x 5.2xmedian 13.7x
P/B now vs peer median 2.3xmedian 1.2x -2.7xmedian 2.4x 1.0xmedian 2.4x
PEG now vs peer median 2.66median 0.82 0.23median 1.00 0.01median 1.00

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 monthsFDXPBIXRX
Revenue $94.72B $1.87B $7.49B
Gross profit – $1.06B $2.16B
Operating income $5.46B $306.05M -$5.71B
Net income $4.43B $187.35M -$925.00M
Free cash flow $5.12B $415.24M $64.00M
R&D – $14.09M $255.00M
EPS (diluted) $18.55 $1.35 $-7.29
Cash & equivalents $13.31B $266.83M $495.00M
Total debt $25.71B $2.03B $82.00M
Shares (diluted) 239.00M 139.04M 126.92M
Enterprise value $38.31B $1.15B -$1.71B

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
MetricFDXPBIXRX
P/E 16.4x 12.6x -0.4x
P/FCF 14.2x 5.7x 5.2x
P/Operating cash flow 8.1x 4.9x 1.5x
P/S 0.8x 1.3x 0.0x
P/B 2.3x -2.7x 1.0x
P/Tangible book 2.3x -2.7x -0.6x
EV/EBITDA 8.6x 9.9x 0.0x
EV/EBIT 15.6x 13.5x 0.0x
EV/Revenue 0.9x 2.2x 0.0x
EV/FCF 16.6x 9.9x -1.2x
EV/Operating cash flow 9.5x 8.5x -0.4x
PEG (3Y EPS CAGR) 2.66 0.23 0.01

Growth

14 metrics
MetricFDXPBIXRX
Revenue growth (1Y) 7.7% -5.3% 18.9%
Revenue CAGR (3Y) 1.7% 2.5% 1.5%
Gross profit growth (1Y) – -2.4% 9.9%
Gross profit CAGR (3Y) – -0.6% -5.3%
Operating income growth (1Y) 4.7% 377.3% -4.8%
Operating income CAGR (3Y) 3.6% 35.8% -5.6%
Net income growth (1Y) 8.3% 269.6% 35.0%
Net income CAGR (3Y) 3.7% 49.8% -54.5%
EPS growth (1Y) 10.3% 320.8% 35.5%
EPS CAGR (3Y) 6.2% 55.0% -65.6%
Operating cash flow growth (1Y) 26.8% 66.8% -40.9%
Operating cash flow CAGR (3Y) 0.3% 23.9% -14.8%
Free cash flow growth (1Y) 71.6% 89.3% -77.1%
Free cash flow CAGR (3Y) 24.1% 31.6% -38.9%

Profitability

14 metrics
MetricFDXPBIXRX
Gross margin – 57.0% 28.9%
EBITDA margin 10.4% 22.4% -71.1%
Operating margin 5.8% 16.4% -76.3%
Pretax margin 6.1% 13.5% -5.2%
Net margin 4.7% 10.0% -12.4%
FCF margin 5.4% 22.3% 0.9%
Operating cash flow margin 9.4% 26.0% 2.9%
Return on equity 14.4% – -291.7%
Return on assets 4.6% 6.1% -9.4%
Return on invested capital 7.4% 18.8% -1,131%
Return on capital employed 7.0% 18.4% -85.4%
Asset turnover 1.0x 0.6x 0.8x
Cash conversion (OCF / net income) 2.0x 2.6x -0.2x
Stock comp / revenue 0.2% 0.8% 0.5%

Financial Health

11 metrics
MetricFDXPBIXRX
Debt / assets 26.0% 67.4% 0.8%
Debt / equity 0.8x -2.4x 0.2x
Net debt / EBITDA 1.3x 4.2x 0.1x
Debt / FCF 5.0x 4.9x 1.3x
Liabilities / assets 68.0% 128.6% 96.6%
Equity / assets 32.0% -28.6% 3.4%
Interest coverage – 5.7x -19.0x
Current ratio 1.5x 0.7x 1.2x
Quick ratio 1.4x 0.3x 0.6x
Cash ratio 0.7x 0.2x 0.2x
Altman Z-score 2.53 2.42 -0.74

Shareholder Returns

7 metrics
MetricFDXPBIXRX
Dividend yield 1.7% 2.2% 4.5%
Net buyback yield -0.3% 20.1% –
Shareholder yield 1.5% 22.3% 4.5%
Payout ratio (earnings) – 29.0% -4.4%
Payout ratio (FCF) – 13.1% 64.1%
Dividend growth (1Y) – 30.1% -73.5%
Dividend CAGR (3Y) – 15.9% -40.2%

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.

ConsensusFDXPBIXRX
Forward P/E 18.3xFY2026 9.7xFY2026 16.9xFY2026
EPS, next fiscal year $16.80FY2026 $1.79FY2026 $0.15FY2026
EPS growth, next FY -14.6%FY2026 +32.6%FY2026 –
EPS growth, the year after +19.8% +5.0% +173.3%
Revenue, next fiscal year $94.80BFY2026 $1.77BFY2026 $7.17BFY2026
Revenue growth, next FY +1.4%FY2026 -6.3%FY2026 +2.1%FY2026
Revenue growth, the year after +7.0% +10.9% +1.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFDXPBIXRX
Held by institutions 80.6% 88.8% 71.2%
Institutions holding 1,939 350 231
Change in shares held, QoQ +2.3% +2.6% +5.7%
Institutions buying 902 167 130
Institutions selling 693 119 57
Buyers to sellers 1.30 1.40 2.28

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.

FDXPBIXRX
FDX 1.00 0.19 0.17
PBI 0.19 1.00 0.21
XRX 0.17 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FDX, PBI and XRX?

Fedex (FDX) is the largest by market capitalisation: Fedex (FDX) $72.37B, Pitney Bowes (PBI) $2.37B, Xerox Holdings (XRX) $359.31M.

Which stock is cheaper, FDX, PBI and XRX?

Pitney Bowes (PBI) trades on the lowest price-to-earnings ratio (Fedex (FDX) 16.3x, Pitney Bowes (PBI) 12.7x, Xerox Holdings (XRX) -0.4x). On next year's consensus earnings, Pitney Bowes (PBI) is cheapest (Fedex (FDX) 18.3x, Pitney Bowes (PBI) 9.7x, Xerox Holdings (XRX) 16.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Xerox Holdings (XRX) grew revenue fastest over the trailing twelve months: Fedex (FDX) +7.7%, Pitney Bowes (PBI) -5.3%, Xerox Holdings (XRX) +18.9%.

Which company is more profitable?

Pitney Bowes (PBI) has the highest net margin (Fedex (FDX) 4.7%, Pitney Bowes (PBI) 10.0%, Xerox Holdings (XRX) -12.4%). On return on invested capital, Pitney Bowes (PBI) leads (Fedex (FDX) 7.4%, Pitney Bowes (PBI) 18.8%, Xerox Holdings (XRX) -1,131.5%).

Which stock has performed better?

Over the past year Fedex (FDX) returned the most: Fedex (FDX) +54.1%, Pitney Bowes (PBI) +45.7%, Xerox Holdings (XRX) -30.0%. Over five years, Pitney Bowes (PBI) compounded fastest (Fedex (FDX) +10.1%/yr, Pitney Bowes (PBI) +20.1%/yr, Xerox Holdings (XRX) -32.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Xerox Holdings (XRX) has the highest dividend yield: Fedex (FDX) 0.00%, Pitney Bowes (PBI) 0.02%, Xerox Holdings (XRX) 0.11%. Fedex (FDX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Fedex (FDX) has been the steadiest (Fedex (FDX) 28.2%, Pitney Bowes (PBI) 34.2%, Xerox Holdings (XRX) 89.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FDX, PBI and XRX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Pitney Bowes (PBI) leads on 6. 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.