FedEx Corporation (FDX) vs United Parcel Service, Inc. (UPS)

UPS leads on 8 of 15 compared metrics.

A side-by-side comparison of FedEx Corporation and United Parcel Service, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 30, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — FDX vs UPS

growth of $100 · last 27y
FDX +1039.0%UPS +58.5%FDX compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020042009201420192024$1,139$159
FDX UPS

FDX vs UPS: by the numbers

  • UPS is the larger company ($80.64B vs $77.64B market cap).
  • UPS trades at the lower earnings multiple (17.48 vs 17.74 P/E).
  • UPS converts more revenue to profit (5.94% vs 4.68% net margin).
  • FDX grew revenue faster over the past five years (2.47% vs -0.23% CAGR).
  • UPS pays the higher dividend yield (6.07% vs 1.50%).

Which is better, FDX or UPS?

Metric tally: FDX 7 · UPS 8

It depends on what you're optimizing for:

GrowthFDX(faster 5Y revenue CAGR)
IncomeUPS(higher dividend yield)
QualityUPS(higher ROIC)

Metrics side by side

Valuation

MetricFDXUPS
P/E ratio17.7417.48
Forward P/E14.6813.64
P/S ratio0.831.04
P/B ratio2.485.82
PEG ratio1.950.52
EV / EBITDA10.0510.16
FCF yield6.52%4.92%

Profitability

MetricFDXUPS
Gross margin22.90%17.79%
Operating margin6.74%8.46%
Net margin4.68%5.94%
ROE14.01%33.30%
ROIC5.95%10.40%

Dividends

MetricFDXUPS
Dividend yield1.50%6.07%
Payout ratio26.31%100.00%

Growth (annualized)

MetricFDXUPS
Revenue CAGR (5Y)2.47%-0.23%
EPS CAGR (5Y)-1.27%33.45%
FCF CAGR (5Y)3.77%-8.72%
Total return CAGR (5Y)8.40%-8.21%

Frequently asked

Which is better, FDX or UPS?
It depends on your goal. growth: FDX (faster 5Y revenue CAGR); income: UPS (higher dividend yield); quality: UPS (higher ROIC). Across all compared metrics, UPS leads 8 to 7.
Is FDX or UPS cheaper?
On trailing earnings, UPS is cheaper: FDX trades at a 17.74 P/E and UPS at 17.48.
Which has grown faster, FDX or UPS?
Over the past five years, FDX grew revenue faster — FDX at a 2.47% CAGR versus UPS at -0.23%.
Does FDX or UPS pay a bigger dividend?
FDX yields 1.50% and UPS yields 6.07% based on trailing dividends and the latest price.
Is FDX or UPS more profitable?
UPS runs the higher net margin — FDX at 4.68% versus UPS at 5.94%.
Which has been the better investment, FDX or UPS?
Over the past 10-year, FDX delivered the higher annualized total return — FDX at 12.16% versus UPS at 4.04%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 30, 2026.