Originally Posted by
airbus300
From the montley fool article today mentioning Amazon, UPS, Fedex, etc:
FedEx stock may look cheap when valued on GAAP earnings, but the company's free cash flow is currently running negative -- and in fact, FedEx has been burning cash for more than two years straight.
Can this be confirmed or denied?
Cash flow from operations - capex = free cash flow.
It very well could be negative the last few years as they invest in the updating the operation.
Fy 2018
Cash from operations $4.6 billion
Capex $5.6 billion
Fy 2017
Cash from operations $4.9 billion
Capex $5.1 billion