FDXFFedEx Freight Holding Company, Inc.

$110.07

Is it safe?

Mixed

Forensics clean, with a caveat: a safe balance sheet, but big price swings.

1 good, 1 to watch, 1 neutral, 3 without data
SurvivalSafe zoneSEC EDGAR · May 31, 2026

Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Credit gradeBBBderived · May 31, 2026

Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.

Drawdown risk64% volderived · Oct 23, 2026

Large price swings, high volatility. Worst drawdown -43% · now 42% below its 52-week high.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitybehind 81% of the market
Max drawdownbetter than 88% of the market

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can FDXF take a bad year?

FedEx Freight Holding Company, Inc. carries $4.28B of net debt at 4.07× EBITDA: a heavy load to carry through a bad year.

$4.28B

Net debt · as at FY2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.07×

Net debt / EBITDA · −0.02× a year ago · the load is going up

Altman Z-score
2.86

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
9.47×

Interest cover · operating profit covers the interest bill several times over

Details›
Total debtFY2026
$4.53B
Cash and short-term investments
$251M
Net debt
$4.28B
EBITDA, trailing twelve months
$1.05B
Operating profit, trailing twelve months
$540M
Total debt / EBITDA
4.30×
Annualised volatilitytwo years of daily moves
64%
Worst drawdown on file
−43%
Below its 52-week high
42%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.

The balance sheet

What it owes against what it owns, and how close that comes to trouble.

How far can it fall?

How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.