Price to Operating Profit (P/OP)
since 2005
Calculation
FedEx Corp., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 15, 2024 | 13.40 | = | 305.02 | ÷ | 22.75 | 22.75 | = | 5,559 | ÷ | 244,302,246 | |
| Jul 17, 2023 | 13.03 | = | 254.73 | ÷ | 19.56 | 19.56 | = | 4,912 | ÷ | 251,187,242 | |
| Jul 18, 2022 | 9.07 | = | 217.98 | ÷ | 24.03 | 24.03 | = | 6,245 | ÷ | 259,845,660 | |
| Jul 19, 2021 | 13.46 | = | 294.82 | ÷ | 21.91 | 21.91 | = | 5,857 | ÷ | 267,348,232 | |
| Jul 20, 2020 | 17.79 | = | 164.13 | ÷ | 9.23 | 9.23 | = | 2,417 | ÷ | 261,954,496 | |
| Jul 16, 2019 | 9.92 | = | 169.79 | ÷ | 17.12 | 17.12 | = | 4,466 | ÷ | 260,808,410 | |
| Jul 16, 2018 | 12.57 | = | 230.18 | ÷ | 18.31 | 18.31 | = | 4,870 | ÷ | 265,924,840 | |
| Jul 17, 2017 | 11.48 | = | 215.48 | ÷ | 18.78 | 18.78 | = | 5,037 | ÷ | 268,257,434 | |
| Jul 18, 2016 | 13.87 | = | 160.76 | ÷ | 11.59 | 11.59 | = | 3,077 | ÷ | 265,524,323 | |
| Jul 14, 2015 | 25.90 | = | 171.24 | ÷ | 6.61 | 6.61 | = | 1,867 | ÷ | 282,430,208 | |
| Jul 14, 2014 | 12.51 | = | 151.07 | ÷ | 12.07 | 12.07 | = | 3,446 | ÷ | 285,423,144 | |
| Jul 15, 2013 | 12.87 | = | 103.70 | ÷ | 8.06 | 8.06 | = | 2,551 | ÷ | 316,584,465 | |
| Jul 16, 2012 | 9.13 | = | 91.92 | ÷ | 10.06 | 10.06 | = | 3,186 | ÷ | 316,599,754 | |
| Jul 12, 2011 | 12.54 | = | 94.08 | ÷ | 7.50 | 7.50 | = | 2,378 | ÷ | 317,027,077 | |
| Jul 15, 2010 | 12.16 | = | 77.22 | ÷ | 6.35 | 6.35 | = | 1,998 | ÷ | 314,540,141 | |
| Jul 15, 2009 | 23.98 | = | 57.36 | ÷ | 2.39 | 2.39 | = | 747 | ÷ | 312,334,216 | |
| Jul 16, 2008 | 11.54 | = | 76.96 | ÷ | 6.67 | 6.67 | = | 2,075 | ÷ | 311,187,628 | |
| Jul 13, 2007 | 11.05 | = | 117.25 | ÷ | 10.61 | 10.61 | = | 3,276 | ÷ | 308,769,004 | |
| Jul 14, 2006 | 11.08 | = | 109.01 | ÷ | 9.84 | 9.84 | = | 3,014 | ÷ | 306,410,446 | |
| Jul 14, 2005 | 10.21 | = | 83.40 | ÷ | 8.17 | 8.17 | = | 2,471 | ÷ | 302,630,105 |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of FedEx Corp. Annual Report.
Comparison to Competitors
FedEx Corp., P/OP, long-term trends, comparison to competitors
| FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|
| Jul 15, 2024 | 13.40 | — | — | — |
| Jul 17, 2023 | 13.03 | 152.26 | 16.75 | 13.86 |
| Jul 18, 2022 | 9.07 | — | 12.68 | 11.70 |
| Jul 19, 2021 | 13.46 | — | 16.53 | 14.20 |
| Jul 20, 2020 | 17.79 | — | 17.46 | 18.23 |
| Jul 16, 2019 | 9.92 | — | 14.83 | 11.72 |
| Jul 16, 2018 | 12.57 | — | 13.73 | 13.69 |
| Jul 17, 2017 | 11.48 | — | 12.30 | 11.98 |
| Jul 18, 2016 | 13.87 | — | 12.14 | 17.14 |
| Jul 14, 2015 | 25.90 | — | 7.89 | 11.27 |
| Jul 14, 2014 | 12.51 | — | 12.26 | 18.48 |
| Jul 15, 2013 | 12.87 | — | 10.81 | 12.57 |
| Jul 16, 2012 | 9.13 | — | 9.26 | 58.68 |
| Jul 12, 2011 | 12.54 | — | 9.74 | 12.11 |
| Jul 15, 2010 | 12.16 | — | 9.29 | 12.40 |
| Jul 15, 2009 | 23.98 | — | 9.25 | 15.34 |
| Jul 16, 2008 | 11.54 | — | 6.09 | 7.62 |
| Jul 13, 2007 | 11.05 | — | 9.75 | 125.70 |
| Jul 14, 2006 | 11.08 | — | 9.75 | 11.27 |
| Jul 14, 2005 | 10.21 | — | 13.19 | 13.88 |
Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).