FDXF
Fedex Freight Holding Company, Inc. Industrials Air Courier Services S&P 500Russell 3000
$126.04Close
$18.9BMarket cap
$107.95 – $188.4652-week range
Highlights
Cautions
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
33%
1wk
up 14.5%
price change
1mo
up 15.2%
price change
12-month return
down 17%
total, dividends included
F-score
—
— Not assessed
Altman Z″
0.70
Elevated risk
P/E
28.9×
price / earnings
PEG
—
P/E / EPS growth
P/B
—
price / book
Earnings yield
up 2.3%
EBIT / enterprise value
Cheaper than
29%
of the market · expensive
Revenue growth
down 1%
year on year
EPS growth
—
latest quarter
Sales growth
—
latest quarter
ROE
—
return on equity
Free cash margin
down 2%
-$212.0M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
—
Interest cover
—EBIT / interest
Trade setup
ATR%
4.2%
$5.27 a day · 2×ATR $115.50
RS
—
vs the universe
Trend
—
trend template
Relative volume
2.4×
vs 50-day average
Up/down volume
0.81
50 sessions
Implied move
—
no scheduled report
Screen verdict
Did not qualify for any screen.
Warning signs
- Liabilities exceed assets Shareholders' equity is negative at -$497.0M as of May 31, 2026. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Profit not backed by cash Reported profit of $655.0M came with $167.0M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
- Revenue shrinking Revenue fell 1.1% over the year, from $8.9B to $8.8B.
Last reported
Oct 29, 2026
Results reaction
Oct 29, 2026+18% vs market2 sessions after results
Options
$1.3M50.3% IV · activity
Financials
- Net 7%
- Free cash -2%
- Cash
- Long-term debt
| FY2024May 31, 2024 | FY2025May 31, 2025 | FY2026May 31, 2026 | |
|---|---|---|---|
| Revenue | $9.4B | $8.9B | $8.8B |
| Operating income | $1.8B | $1.4B | $540.0M |
| Net income | $1.6B | $1.3B | $655.0M |
| Net margin | 17% | 15% | 7% |
| Earnings per share | $10.53 | $9.00 | $4.38 |
| Free cash flow | $1.1B | $1.1B | -$212.0M |
| Free cash margin | 11% | 12% | -2% |
| Long-term debt | — | $73.0M | $4.5B |
| Shareholders' equity | $2.1B | $2.4B | -$497.0M |
| Shares outstanding | — | — | 150m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $114 – $138 ±9.7% by Nov 20, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Smaller 50.3% priced · 56.0% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- About the same
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs less
Positioning
- Premium traded
- $1.3M calls $1.1M · puts $249,008 · latest session
- 0.23× -0.10 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +1.68k · puts +4.21k past week
For options traders: ATM IV 50.3% (-1.5% 1w) · 1m ÷ 3m IV 1.03 · 25Δ skew 2.7 pts · Net GEX $589,958
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 29, 2026 | Quarterly ↗ | Sep 30, 2026 | 29d |
| Aug 5, 2026 | Annual ↗ | May 31, 2026 | 66d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Results ↗ |
| Oct 2, 2026 | Item 5.08 · Other events ↗ |
| Sep 2, 2026 | Other events ↗ |
| Aug 6, 2026 | Results ↗ |
| Jun 26, 2026 | Director or officer change ↗ |
| Jun 25, 2026 | Results ↗ |
| Jun 1, 2026 | Material agreement · New obligation · Holder rights changed · Change of control · Director or officer change · Charter or bylaws · Item 5.05 · Other events ↗ |
| May 18, 2026 | Director or officer change ↗ |
| May 13, 2026 | Other events ↗ |