|Price Range 12mo avg:||$13M – $16.5M|
|$/sf 12mo avg:||$84|
|CAP Rate 12mo avg:||6.25%|
|Lease Terms:||10yrs NN|
|Building Size avg:||171,314 SF|
|Lot Size avg:||35+/- acres|
FedEx Ground is the second largest FedEx operating company and specializes in cost-effective, small-package shipping offering dependable business-to-business delivery or convenient residential service through FedEx Home Delivery and FedEx SmartPost.
Through a workforce of more than 60,000 employees operating in 33 hubs and 500 pickup and delivery terminals throughout the U.S. and Canada, FedEx Ground delivers more than 3.5 million packages a day.
FedEx Ground differentiates itself in the marketplace through its innovative use of technology and independent contractors and Independent Service Providers to deliver the industry’s fastest and most reliable service. As the first company in ground shipping to use bar coding and automated sorting, FedEx Ground operates the industry’s most automated hub network and is committed to ongoing technology investments that provide more information to customers faster.
FedEx Ground has enjoyed a successful business relationship with independent contractors since 1985. The motivation for an independent contractor business model came from a fundamental observation that a small business owner has greater flexibility and drive for efficiency. Independent contractors earn in proportion to results. These factors were integral to the successful founding and startup of the company (through its predecessor company RPS) against a much larger competitor, and they remain a competitive differentiator today.
FedEx Ground pickup and delivery contractors are the company’s primary link to customers. The entrepreneurs who own these independent small businesses are responsible for ensuring service in their work areas by utilizing their own equipment, hiring and training drivers and staff, and planning and executing day-to-day business operations. These businesses assume the costs of operating delivery vehicles, including maintenance, repairs, fuel, tolls, taxes, registration fees and licenses; as well as all employment-related obligations (wages, employment taxes, benefits, etc.) for personnel.
- Founded in 1985
- 62,000 Employees as of May 31, 2015
- More than 12,000 Independently-Owned Small Businesses to Provide Package Pickup and Delivery Services.
|S&P Credit Rating:||BBB|
|Moody’s Credit Rating:||Baa1|
|Annual Revenue 2015:||$12.984B|
|Annual Revenue 2014:||$11.617B|
|Revenue Growth:||↑ 12% from 2014|
|Units (May 2015)||580|
|Average Units Volume:||$22.38M|
Yahoo! Finance: FDX News Latest Financial News for FDX
Higher Package Yield Drove FedEx’s Express Segment’s Revenue
on June 22, 2017 at 10:05 pm
In fiscal 4Q17, FedEx’s (FDX) Express segment’s total revenue was $7.1 billion, compared to $6.7 billion in fiscal 4Q16, a year-over-year (or YoY) rise of 6.9%. […]
Why FedEx Beat Analysts’ Earnings Estimates in Fiscal 4Q17
on June 22, 2017 at 8:11 pm
On June 20, 2017, parcel delivery and logistics giant FedEx (FDX) announced its fiscal 4Q17 results. The company reported adjusted EPS (earnings per share) of $4.25. […]
FedEx's Sell-Side Roundup: Outperform Ratings Across The Board
on June 22, 2017 at 12:41 pm
FedEx Corporation (NYSE: FDX ) reported its fourth-quarter earnings on Tuesday after the close. While the company beat revenue and EPS estimates for Q4 fiscal 2017, those figures were temporarily overshadowed ... […]
These 3 Stocks Just Raised Their Dividends
on June 22, 2017 at 12:23 pm
If you hold stock in Caterpillar, Target, or FedEx, you'll soon get a little extra something in your brokerage account. […]
[$$] FedEx Could Deliver Upside to $237
on June 22, 2017 at 11:36 am
FedEx (FDX:NYSE) By Credit Suisse ($208.95, June 21, 2017) We have increased our fiscal 2018 earnings-per-share estimate on FedEx to $13.79 from $13.32. The main risks to our target price include continued capital-expenditure creep and margin pressure related to business-to-consumer growth. With a lower tax rate contributing meaningfully to the EPS guidance, a lack of clarity surrounding fiscal 2018 Ground margins, and higher-than-expected capex, we think shares of FedEx are likely to take a short-term breather. […]