NEW YORK STOCK EXCHANGE, INC. · Road & Rail · CIK 0002082247
$107.95
-1.45% · delayed ~15 min
Last price from Oct 21, 2026
$16.14B market value
From FedEx Freight Holding Company, Inc.'s FY2026 10-K, filed Aug 5, 2026 · read the filing
FedEx Freight Holding runs airlines. It took in $8.79B last year, which makes it a mid-sized company. Of every dollar it sells, about 7 cents is left as profit.
The financial picture is mixed, with profitability needing attention and growth and debt weaker.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
A published bankruptcy-risk model places it in its distress range. This is a statistical reading, not a forecast.
Altman Z-Score 0.70
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Several areas of financial weakness.
From FedEx Freight Holding Company, Inc.'s FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Operating income
$1.40B → $540.0M
Profit
$1.35B → $655.0M
Operating margin
15.8% → 6.1%
Free cash flow
$1.09B → -$212.0M
Measured against FY2025, from the 10-K filed Aug 5, 2026
Deteriorated: -61.5%
$1.40B to $540.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: -51.3%
$1.35B to $655.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote delayed ~15 min), and what was published around it
FDXF fell 1.45% on the latest quote. The average Industrials company tracked here moved +0.37%, and the S&P 500 −1.04%. That is 1.8 points below its sector and in line with the market.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 19 analysts covering this company, as of . Their views, not this site's.
Of 19 analysts publishing on this company, 5 say strong buy, 8 say buy and 6 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 7 cents of every dollar of sales as profit, earning $655.0M last year. Note that after $379.0M of spending on property and equipment, it consumed $212.0M more cash than it generated.
No. Sales shrank 1.1% last year.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 7 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 29% of the cash its operations generated.
GoodFigures from the FY2026 annual filing
Last year it earned $655.0M and generated $167.0M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Aug 5, 2026Filing for FY2026 | FY202510-K · Aug 5, 2026Filing for FY2025 | FY202410-K · Aug 5, 2026Filing for FY2024 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|
| RevenueWhat is this? | $8.79B | $8.89B | $9.42B | −1.1% |
| Operating income | $540.0M | $1.40B | $1.75B | −61.5% |
| Operating marginOperating income ÷ revenueWhat is this? | 6.1% | 15.8% | 18.6% | −9.6 pts |
| Interest expense | $57.0M | $0.00 | $0.00 | n/m |
| Income before tax | $884.0M | $1.80B | $2.08B | −50.9% |
| Net income | $655.0M | $1.35B | $1.57B | −51.3% |
| Net marginNet income ÷ revenueWhat is this? | 7.4% | 15.1% | 16.7% | −7.7 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $4.38 | $9.00 | $10.53 | −51.3% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| FDXFFedEx Freight Holding Company, Inc. · this page | 3.3/10 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Was granted or awarded shares — 20,723 shares
Holds 25,333 shares after this filing.
Was granted or awarded shares — 1,670 shares
Holds 2,250 shares after this filing.
9 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Received shareholder director nominations · Reported another event
Read the filingReported another event
Read the filingWrite down why you are following FedEx Freight Holding Company, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
FedEx Freight (FDXF) Collects More per Shipment as Volume Shrinks, Can Margins Recover?
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Earnings Preview: What To Expect From FedEx's Report
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FedEx Freight's Quarterly Earnings Preview: What You Need to Know
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The Margin Expansion Thesis for FedEx Freight Holding Company (FDXF)
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Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from FDXF's 10-K for fiscal year 2026 (period ending 2026-05-31, filed Aug 5, 2026), reported under the US GAAP taxonomy. View the source filing. Total liabilities were not tagged directly and were calculated as assets minus equity.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 3.3 | 4/8 | 10-K, filed Aug 5, 2026 |
| FY2025 | 7.3 | 4/4 | 10-K, filed Aug 5, 2026 |
| FY2024 | 10.0 | 1/2 | 10-K, filed Aug 5, 2026 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
4 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
0.70
In the distress zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
Deteriorated: −9.7 pts
15.8% to 6.1%Critical
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: turned negative
$1.09B to -$212.0MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Deteriorated: -51.3%
$9.00 to $4.38Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: +6360.6%
$66.0M to $4.26BCritical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Changed: turned positive
$0.00 to $48.0MCritical
Why it matters: Cash handed to shareholders. A rise can be a higher dividend or simply more shares, and a cut is a decision the company explains in its own filing — neither is rated here.
Deteriorated: −7.7 pts
15.1% to 7.4%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Changed: -13.3%
$437.0M to $379.0MNotable
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
2 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Filter by minute, hour, day or week — or compare against peers
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Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 3.7% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
Yes. Clearing its debt would take roughly 25.8 years of cash flow. For every $1 it owes, it owns $0.93 in assets. A bankruptcy-risk model also places it in its distress range.
The trailing P/E is 24.6x — investors pay $24.6 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 4/8 |
| -1.1% |
| 7.4% |
| 24.64x |
| -14.85x |
| ODFLOLD DOMINION FREIGHT LINE, INC. | 7.3/10 | 6/8 | -5.5% | 18.6% | 38.69x | 0.27x |
|---|
| XPOXPO, Inc. | 7.3/10 | 5/8 | 1.1% | 3.9% | 69.89x | 3.40x |
|---|
| SAIASAIA INC | 7.3/10 | 6/8 | 0.8% | 7.9% | 35.99x | 0.35x |
|---|
| Median of peers | 7.3/10 | — | 0.8% | 7.9% | 38.69x | 0.35x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Was granted or awarded shares — 1,670 shares
Holds 3,920 shares after this filing.
Was granted or awarded shares — 1,670 shares
Holds 3,440 shares after this filing.
Was granted or awarded shares — 1,837 shares
Holds 5,277 shares after this filing.
Was granted or awarded shares — 1,670 shares
Holds 2,656 shares after this filing.
Was granted or awarded shares — 1,954 shares
Holds 4,610 shares after this filing.
Was granted or awarded shares — 801 shares
Holds 2,540 shares after this filing.
Was granted or awarded shares — 6,012 shares
Holds 8,552 shares after this filing.
Was granted or awarded shares — 734 shares
Holds 734 shares after this filing.
Was granted or awarded shares — 1,169 shares
Holds 1,903 shares after this filing.
Was granted or awarded shares — 1,670 shares
Holds 6,698 shares after this filing.
Was granted or awarded shares — 1,837 shares
Holds 8,535 shares after this filing.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Published results
Annual report for FY2026
Operating margin −9.7 pts · Operating income -61.5% · Profit -51.3% — against FY2025
Read the filingHad a director or senior officer leave or join
Read the filingPublished results
Read the filingSigned a material agreement · Took on a direct financial obligation · Changed the rights attached to its shares · Changed control of the company · Had a director or senior officer leave or join · Amended or waived part of its code of ethics · Amended its charter or changed its financial year · Reported another event
Read the filingHad a director or senior officer leave or join
Read the filingReported another event
Read the filingFedEx Freight Holding Company (FDXF) Stock Looks Reasonable After Its 23% Slump
Yahoo Finance ·
Primary sources and further research