FDX vs UPS Stock Comparison

Fedex and United Parcel Service 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
7 wins
UPS United Parcel Service Inc
$101.03 +5.5% 1M +16.1% 1Y
Market cap
$85.15B
P/E
18.6x
Revenue (TTM)
$89.93B
Div. yield
–
Parcel Delivery Industrials
4 wins

Head to Head

11 decided of 12

Fedex leads on 7 of the 12 questions below (Fedex 7, United Parcel Service 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFDXUPSLeader
Larger companyMarket capitalisation $71.23B $85.15B UPS
Cheaper on earningsLower P/E, profitable companies only 16.1x 18.6x FDX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.8x 15.0x UPS
Faster revenue growthRevenue growth, trailing twelve months +7.7% -0.4% FDX
More profitableNet margin, trailing twelve months 4.7% 5.1% UPS
Better return on capitalReturn on invested capital 7.4% 12.9% UPS
Less leveragedLower net debt / EBITDA 1.3x 1.9x FDX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +55.7% +16.1% FDX
Better 5-year returnAnnualised price return, 5 years +9.7%/yr -13.1%/yr FDX
Less volatileAnnualised volatility, 1 year 28.3% 30.6% FDX
Higher overall scoreMean of the five percentile scores vs peers 46/100 44/100 FDX

Percentile Scorecard

FDXUPS

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

AxisFDXUPS
Valuation 57 #59 of 136 45 #75 of 136
Growth 68 #40 of 122 23 #94 of 122
Profitability 47 #64 of 119 70 #36 of 119
Financial Health 46 #80 of 147 33 #99 of 147
Shareholder Returns 12 #74 of 84 51 #42 of 84
Overall 46 44
  • FDX ranked among 150 companies in Transportation
  • UPS ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodFDXUPSSPY
1 month +2.5%+5.5% -1.0%
3 months -5.2%-12.0% +2.9%
6 months -4.4%-5.6% +6.4%
Year to date +28.4%+1.9% +11.4%
1 year +55.7%+16.1% +13.1%
3 years +53.4%-32.3% +79.4%
3 years, per year +15.3%-12.2% +21.5%
5 years +59.2%-50.4% +67.7%
5 years, per year +9.7%-13.1% +10.9%
10 years +117.9%-5.7% +255.2%
10 years, per year +8.1%-0.6% +13.5%

Risk

MeasureFDXUPSSPY
Volatility, 1Y 28.3%30.6% 12.7%
Downside volatility, 1Y 27.5%33.7% 12.7%
Beta vs S&P 500, 1Y 0.800.72 1.00
Return / volatility, 1Y 1.970.53 1.03
Max drawdown, 5Y -46.1%-64.4% -25.4%
From 52-week high -12.0%-15.8% -2.5%
52-week high $339.38$120.00 $779.14
52-week low $191.92$87.03 $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.

MultipleFDXUPS
P/E now vs peer median 16.0xmedian 16.0x 18.8xmedian 16.0x
P/S now vs peer median 0.7xmedian 1.0x 0.8xmedian 1.0x
EV/EBITDA now vs peer median 8.4xmedian 8.7x 9.2xmedian 8.7x
P/FCF now vs peer median 13.8xmedian 11.5x 13.9xmedian 11.5x
P/B now vs peer median 2.2xmedian 1.2x 5.0xmedian 1.2x
PEG now vs peer median 2.58median 0.82 -0.83median 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 monthsFDXUPS
Revenue $94.72B $89.93B
Operating income $5.46B $6.58B
Net income $4.43B $4.57B
Free cash flow $5.12B $5.46B
EPS (diluted) $18.55 $5.37
Cash & equivalents $13.31B $4.65B
Total debt $25.71B $24.48B
Shares (diluted) 239.00M 851.00M
Enterprise value $37.18B $62.05B

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
MetricFDXUPS
P/E 16.0x 18.8x
P/FCF 13.8x 13.9x
P/Operating cash flow 7.9x 8.5x
P/S 0.7x 0.8x
P/B 2.2x 5.0x
P/Tangible book 2.2x 6.8x
EV/EBITDA 8.4x 9.2x
EV/EBIT 15.2x 14.5x
EV/Revenue 0.9x 1.1x
EV/FCF 16.2x 17.5x
EV/Operating cash flow 9.3x 10.8x
PEG (3Y EPS CAGR) 2.58 -0.83

Growth

14 metrics
MetricFDXUPS
Revenue growth (1Y) 7.7% -0.4%
Revenue CAGR (3Y) 1.7% -2.2%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) 4.7% -21.7%
Operating income CAGR (3Y) 3.6% -17.3%
Net income growth (1Y) 8.3% -20.2%
Net income CAGR (3Y) 3.7% -23.0%
EPS growth (1Y) 10.3% -20.6%
EPS CAGR (3Y) 6.2% -22.7%
Operating cash flow growth (1Y) 26.8% 18.6%
Operating cash flow CAGR (3Y) 0.3% -8.0%
Free cash flow growth (1Y) 71.6% 54.2%
Free cash flow CAGR (3Y) 24.1% -4.2%

Profitability

14 metrics
MetricFDXUPS
Gross margin – –
EBITDA margin 10.4% 11.6%
Operating margin 5.8% 7.3%
Pretax margin 6.1% 6.5%
Net margin 4.7% 5.1%
FCF margin 5.4% 6.1%
Operating cash flow margin 9.4% 9.9%
Return on equity 14.4% 29.6%
Return on assets 4.6% 6.4%
Return on invested capital 7.4% 12.9%
Return on capital employed 7.0% 11.6%
Asset turnover 1.0x 1.3x
Cash conversion (OCF / net income) 2.0x 1.9x
Stock comp / revenue 0.2% 0.1%

Financial Health

11 metrics
MetricFDXUPS
Debt / assets 26.0% 34.4%
Debt / equity 0.8x 1.6x
Net debt / EBITDA 1.3x 1.9x
Debt / FCF 5.0x 4.5x
Liabilities / assets 68.0% 78.8%
Equity / assets 32.0% 21.2%
Interest coverage – 6.0x
Current ratio 1.5x 1.2x
Quick ratio 1.4x 1.0x
Cash ratio 0.7x 0.3x
Altman Z-score 2.51 2.79

Shareholder Returns

7 metrics
MetricFDXUPS
Dividend yield 1.8% 6.5%
Net buyback yield -0.3% -0.2%
Shareholder yield 1.5% 6.3%
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.

ConsensusFDXUPS
Forward P/E 17.8xFY2026 15.0xFY2026
EPS, next fiscal year $16.80FY2026 $6.74FY2026
EPS growth, next FY -14.6%FY2026 -5.9%FY2026
EPS growth, the year after +20.3% +26.9%
Revenue, next fiscal year $94.93BFY2026 $87.62BFY2026
Revenue growth, next FY +1.6%FY2026 -1.2%FY2026
Revenue growth, the year after +7.2% +14.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFDXUPS
Held by institutions 80.6% 70.9%
Institutions holding 1,939 2,137
Change in shares held, QoQ +2.3% +6.0%
Institutions buying 902 1,088
Institutions selling 693 809
Buyers to sellers 1.30 1.34

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.

FDXUPS
FDX 1.00 0.65
UPS 0.65 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FDX and UPS?

United Parcel Service (UPS) is the largest by market capitalisation: Fedex (FDX) $71.23B, United Parcel Service (UPS) $85.15B.

Which stock is cheaper, FDX and UPS?

Fedex (FDX) trades on the lowest price-to-earnings ratio (Fedex (FDX) 16.1x, United Parcel Service (UPS) 18.6x). On next year's consensus earnings, United Parcel Service (UPS) is cheapest (Fedex (FDX) 17.8x, United Parcel Service (UPS) 15.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Fedex (FDX) grew revenue fastest over the trailing twelve months: Fedex (FDX) +7.7%, United Parcel Service (UPS) -0.4%.

Which company is more profitable?

United Parcel Service (UPS) has the highest net margin (Fedex (FDX) 4.7%, United Parcel Service (UPS) 5.1%). On return on invested capital, United Parcel Service (UPS) leads (Fedex (FDX) 7.4%, United Parcel Service (UPS) 12.9%).

Which stock has performed better?

Over the past year Fedex (FDX) returned the most: Fedex (FDX) +55.7%, United Parcel Service (UPS) +16.1%. Over five years, Fedex (FDX) compounded fastest (Fedex (FDX) +9.7%/yr, United Parcel Service (UPS) -13.1%/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%, United Parcel Service (UPS) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

Do FDX and UPS move together?

Their daily returns over the past year have a correlation of 0.65, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, FDX and UPS?

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 7. 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.