Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.37.
Forward PE Ratio (16.37) = Close Price ($325.08) / Consensus Forward EPS ($19.86)
FORWARD PE RATIO
16.37
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-32.31%
vs the sector median at left
FedEx Corporation
Market Cap
$76.91B
Forward PE Ratio
16.37
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| FedEx Corporation (FDX) | $76.91B | 16.37 |
| Northrop Grumman Corporation (NOC)vs › | $78.28B | 19.04 |
| Canadian National Railway Company (CNI)vs › | $78.54B | 15.48 |
| Norfolk Southern Corporation (NSC)vs › | $78.77B | 27.07 |
| Cummins Inc. (CMI)vs › | $81.09B | 19.89 |
| Illinois Tool Works Inc. (ITW)vs › | $81.21B | 24.70 |
| Cintas Corporation (CTAS)vs › | $81.55B | 41.63 |
| PACCAR Inc (PCAR)vs › | $68.97B | 22.11 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $85.00B | 18.12 |
| Honeywell International Inc. (HON)vs › | $68.43B | 25.93 |
Trailing P/E
17.7
reported TTM EPS
Forward P/E
16.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $19.86 implies +8.3% EPS growth vs the reported trailing $18.34.
At today's $325.08 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2027-05-31 | $17.75 | $14.82 – $19.97 | 7 | 18.3x |
| 2028-05-31 | $21.36 | $19.41 – $23.78 | 4 | 15.2x |
| 2029-05-31 | $24.37 | $22.87 – $25.58 | 1 | 13.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
