Since March 31st, 2011, FedEx Corp's enterprise value (ev) has increased from $26.4 Billion to $77.2 Billion at November 29th, 2023.
FedEx Corp's enterprise value (ev) as of November 29th, 2023 of $77.2 Billion was higher than its peers in the Air Delivery & Freight Services industry group of October 31st, 2023 of 27.3 Billion. From March 31st, 2011 to November 29th, 2023, FedEx Corp's average enterprise value (ev) was 53.9 Billion compared to an industry average of 19.3 Billion.
FedEx Corp. engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following business segments: FedEx Express, TNT Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment focuses on time-definite delivery across countries and territories. The TNT Express deals with international small-package ground delivery and freight transportation. The FedEx Ground segment engages in the provision of small-package ground delivery services to any business address in the United States and Canada. The FedEx Freight segment includes the provision of less-than-truckload freight services across all lengths of haul. The FedEx Services segment focuses on the provision of sales, marketing, information technology, communications, and back-office support to other companies in the FedEx Group. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.
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