FedEx Corp. (FDX)
Enterprise Value (EV)
Current Enterprise Value (EV)
FedEx Corp., current enterprise value calculation
|Current share price (P)||$173.57|
|No. shares of common stock outstanding||260,808,410|
|USD $ in millions|
|Common equity (market value)||45,269|
|Add: Current portion of long-term debt (per books)||964|
|Add: Long-term debt, less current portion (per books)||16,617|
|Total equity and debt||62,850|
|Less: Cash and cash equivalents||2,319|
|Enterprise value (EV)||60,531|
Based on: 10-K (filing date: 2019-07-16).
Historical Enterprise Value (EV)
FedEx Corp., EV calculation
Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).
1 Data adjusted for splits and stock dividends.
2 Close price on the filing date of FedEx Corp.’s Annual Report.
|EV||Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments.||FedEx Corp.’s EV increased from 2017 to 2018 but then declined significantly from 2018 to 2019.|