FDX
FedEx CorporationStock · IndustrialsS&P 500 Equal Weight 0.2% · S&P 500 0.1% · MSCI World 0.1% · Russell 1000 0.10% · Russell 3000 0.09% · US Stock Market 0.09% · MSCI ACWI 0.09%$311.99+0.06%
as of market close, Sep 11, 2026
☾ AH — —
FDX financial statements
The full income statement, balance sheet, and cash-flow statement for FedEx Corporation (FDX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-05 244.3M2024-08 244.3M2024-11 240.9M2025-02 239.6M2025-05 235.9M2025-08 236.0M2025-11 235.1M2026-02 238.6M2026-05 236.6M-3.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| Revenue | 94.7B+7.7% | 87.9B+0.3% | 87.7B-2.7% | 90.2B-3.6% | 93.5B+11.4% | |
| Amortization of intangibles | 54.0M+12.5% | 48.0M+2.1% | 47.0M-9.6% | 52.0M+0.0% | 52.0M+6.1% | |
| Provision for credit losses | 946M+81.6% | 521M+23.8% | 421M-39.5% | 696M+72.7% | 403M-30.2% | |
| Operating income | 5.46B+4.7% | 5.22B-6.2% | 5.56B+13.2% | 4.91B-21.3% | 6.25B+6.6% | |
| Interest expense | 970M+22.9% | 789M+5.9% | 745M+7.3% | 694M+0.7% | 689M-13.1% | |
| Interest & investment income | 437M+20.4% | 363M-1.9% | 370M+86.9% | 198M+273.6% | 53.0M+1.9% | |
| Other non-operating income | -22.0M+65.1% | -63.0M+10.0% | -70.0M+34.6% | -107M-923.1% | 13.0M+140.6% | |
| Gain (loss) on equity securities | 35.0M+683.3% | -6.00M-142.9% | 14.0M+129.2% | -48.0M-180.0% | 60.0M | |
| Pre-tax income | 5.79B+6.5% | 5.44B-6.8% | 5.84B+8.8% | 5.36B+9.5% | 4.90B-26.6% | |
| Income tax | 1.36B+0.8% | 1.35B-10.4% | 1.50B+8.2% | 1.39B+30.0% | 1.07B-25.8% | |
| 4.43B+8.3% | 4.09B-5.5% | 4.33B+9.0% | 3.97B+3.8% | 3.83B-26.9% | ||
| Net income to common | 4.43B+8.3% | 4.09B-5.5% | 4.33B+9.1% | 3.97B+3.8% | 3.82B-26.8% | |
| $18.55+10.4% | $16.81-2.3% | $17.21+11.2% | $15.48+8.0% | $14.33-26.3% | ||
| EPS (basic) | $18.71+10.3% | $16.96-2.6% | $17.41+11.6% | $15.60+7.3% | $14.54-26.5% | |
| Weighted-avg shares (basic) | 237M-1.7% | 241M-2.8% | 248M-2.4% | 254M-3.4% | 263M-0.4% | |
| Weighted-avg shares (diluted) | 239M-1.6% | 243M-3.2% | 251M-2.0% | 256M-3.8% | 266M-0.7% | |
| Dividends per share | $5.80+5.1% | $5.52+46.0% | $3.78-35.5% | $5.86+95.3% | $3.00+15.4% | |
| Balance Sheet | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| 27.9B+51.8% | 18.4B+1.0% | 18.2B-2.2% | 18.6B-8.6% | 20.4B-1.0% | ||
| Cash & equivalents | 13.3B+141.9% | 5.50B-15.4% | 6.50B-5.2% | 6.86B-0.6% | 6.90B-2.7% | |
| Accounts receivable | 12.7B+11.5% | 11.4B+12.7% | 10.1B-1.0% | 10.2B-14.1% | 11.9B-1.7% | |
| Prepaid expenses | 1.25B+36.9% | 914M-9.1% | 1.00B+4.5% | 962M-0.6% | 968M+15.7% | |
| 98.9B+12.9% | 87.6B+0.7% | 87.0B-0.2% | 87.1B+1.3% | 86.0B+3.9% | ||
| Property, plant & equipment | — | 41.6B+0.4% | 41.5B+1.9% | 40.7B+6.8% | 38.1B+6.5% | |
| Operating lease right-of-use | 16.8B+2.2% | 16.5B-3.9% | 17.1B-1.3% | 17.3B+4.4% | 16.6B+8.0% | |
| Goodwill | 6.73B+2.0% | 6.60B+2.8% | 6.42B-0.2% | 6.43B-1.7% | 6.54B-6.4% | |
| Intangible assets | 153M-25.4% | 205M+13.3% | 181M-22.6% | 234M-22.3% | 301M-6.5% | |
| Deferred tax assets | 1.16B+3.7% | 1.12B-15.0% | 1.31B+12.9% | 1.16B-3.6% | 1.21B-14.9% | |
| Other non-current assets | 5.43B+19.6% | 4.54B+20.5% | 3.77B-7.0% | 4.05B-7.5% | 4.38B+7.6% | |
| Total non-current assets | 71.0B+2.6% | 69.2B+0.6% | 68.8B+0.4% | 68.5B+4.4% | 65.6B+5.5% | |
| 18.9B+22.7% | 15.4B+15.4% | 13.4B-1.7% | 13.6B-4.8% | 14.3B+4.5% | ||
| Accounts payable | 4.33B+17.2% | 3.69B+15.8% | 3.19B-17.1% | 3.85B-4.5% | 4.03B+4.9% | |
| Accrued liabilities | 5.72B+14.6% | 5.00B+0.7% | 4.96B+4.5% | 4.75B-8.5% | 5.19B+13.7% | |
| Deferred revenue | 20.0M-13.0% | 23.0M+0.0% | 23.0M+21.1% | 19.0M+137.5% | 8.00M-11.1% | |
| Short-term & current debt | 745M | 0.00-100.0% | 68.0M-46.0% | 126M+53.7% | 82.0M-43.8% | |
| Current lease liability | 2.68B+4.5% | 2.56B+4.1% | 2.46B+3.1% | 2.39B-2.2% | 2.44B+10.6% | |
| Finance lease liability (current) | 170M+188.1% | 59.0M+227.8% | 18.0M-76.0% | 75.0M+134.4% | 32.0M-66.7% | |
| Long-term debt | 23.3B+21.6% | 19.2B-3.1% | 19.8B-0.0% | 19.8B-0.1% | 19.8B+1.9% | |
| Non-current lease liability | 14.5B+1.9% | 14.3B-5.2% | 15.1B-2.0% | 15.4B+6.0% | 14.5B+8.3% | |
| Operating lease liability (total) | 17.2B+2.3% | 16.8B-3.9% | 17.5B-1.3% | 17.8B+4.9% | 16.9B+8.6% | |
| Finance lease liability (total) | 1.51B+122.6% | 680M+57.8% | 431M-46.1% | 800M+70.9% | 468M-10.9% | |
| Finance lease liability | 1.34B+116.4% | 621M+50.4% | 413M-43.0% | 725M+66.3% | 436M+1.6% | |
| Deferred tax liabilities | 3.66B-12.9% | 4.21B-6.2% | 4.48B-0.2% | 4.49B+9.7% | 4.09B+4.2% | |
| Other non-current liabilities | 834M+6.5% | 783M+13.6% | 689M-0.9% | 695M+1.9% | 682M-30.6% | |
| 31.6B+12.7% | 28.1B+1.8% | 27.6B+5.7% | 26.1B+4.6% | 24.9B+3.2% | ||
| Preferred stock | 0.00 | 0.00 | — | — | — | |
| Common stock | 32.0M+0.0% | 32.0M+0.0% | 32.0M+0.0% | 32.0M+0.0% | 32.0M+0.0% | |
| Additional paid-in capital | 4.72B+10.0% | 4.29B+7.6% | 3.99B+5.8% | 3.77B+1.5% | 3.71B+6.6% | |
| Retained earnings | 44.5B+7.4% | 41.4B+7.1% | 38.6B+9.6% | 35.3B+7.6% | 32.8B+9.9% | |
| Treasury stock | 16.3B+0.3% | 16.3B+18.6% | 13.7B+17.9% | 11.6B+11.1% | 10.5B+24.4% | |
| Accumulated other comprehensive income | -1.23B+9.9% | -1.36B-0.2% | -1.36B-2.4% | -1.33B-20.3% | -1.10B-50.7% | |
| Total liabilities & equity | 98.9B+12.9% | 87.6B+0.7% | 87.0B-0.2% | 87.1B+1.3% | 86.0B+3.9% | |
| Common shares issued | 318M+0.0% | 318M+0.0% | 318M+0.0% | 318M+0.0% | 318M+0.0% | |
| Shares outstanding (cover) | 237M+0.3% | 236M-3.4% | 244M-2.7% | 251M-3.3% | 260M-2.8% | |
| Cash Flow | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| 8.93B+26.8% | 7.04B-15.4% | 8.31B-6.1% | 8.85B-10.0% | 9.83B-3.0% | ||
| Depreciation & amortization | 4.37B+2.5% | 4.26B-0.5% | 4.29B+2.7% | 4.18B+5.2% | 3.97B+4.7% | |
| Intangible amortization | 54.0M+12.5% | 48.0M+2.1% | 47.0M-9.6% | 52.0M+0.0% | 52.0M+6.1% | |
| Share-based compensation | 177M+14.9% | 154M-5.5% | 163M-10.4% | 182M-4.2% | 190M-5.0% | |
| Deferred income taxes | -545M-1059.6% | -47.0M+71.0% | -162M-136.3% | 446M+38.5% | 322M-59.9% | |
| -3.91B+4.4% | -4.09B+21.3% | -5.20B+15.8% | -6.17B+9.4% | -6.82B-13.4% | ||
| Capital expenditure | 3.81B-6.1% | 4.05B-21.7% | 5.18B-16.2% | 6.17B-8.7% | 6.76B+14.9% | |
| Free cash flow | 5.12B+71.6% | 2.98B-4.9% | 3.14B+17.3% | 2.67B-12.9% | 3.07B-27.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Purchases of investments | 682M+160.3% | 262M+48.9% | 176M+109.5% | 84.0M-42.9% | 147M | |
| Sales/maturities of investments | — | — | 38.0M | — | — | |
| Proceeds from sale of PP&E | 97.0M-15.7% | 115M+0.9% | 114M+35.7% | 84.0M-10.6% | 94.0M | |
| 2.75B+168.4% | -4.02B-17.3% | -3.43B-31.9% | -2.60B+14.0% | -3.02B-44.4% | ||
| Long-term debt issued | 5.29B | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net short-term debt | 742M | 0.00 | 0.00 | — | — | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 796M-73.6% | 3.02B+20.7% | 2.50B+66.7% | 1.50B-33.3% | 2.25B | |
| Dividends paid | 1.37B+2.6% | 1.34B+6.4% | 1.26B+7.0% | 1.18B+48.4% | 793M+15.6% | |
| Other financing activities | -55.0M-83.3% | -30.0M-172.7% | -11.0M-1200.0% | 1.00M+200.0% | -1.00M+97.4% | |
| Net change in cash | 7.81B+881.7% | -999M-181.4% | -355M-765.9% | -41.0M+78.4% | -190M-108.6% | |
| Interest paid | 881M+8.2% | 814M+9.4% | 744M+7.2% | 694M-0.1% | 695M-15.1% | |
| Income taxes paid | 1.91B+53.0% | 1.25B-12.8% | 1.43B+37.4% | 1.04B+489.3% | 177M-86.6% | |
| Valuation Ratios | as ofMay 31 ’26 | as ofMay 31 ’25 | as ofMay 31 ’24 | as ofMay 31 ’23 | as ofMay 31 ’22 | |
| Market cap | 79.2B+88.0% | 42.1B-15.8% | 50.0B+13.3% | 44.1B-6.2% | 47.0B-30.1% | |
| P/E | 17.7×+64.3% | 10.7×-6.9% | 11.5×+3.9% | 11.1×-9.6% | 12.3×-44.7% | |
| P/S | 0.9×+79.6% | 0.5×-15.9% | 0.6×+16.5% | 0.5×-2.7% | 0.5×-41.2% | |
| P/B | 2.7×+68.5% | 1.6×-13.0% | 1.8×+7.2% | 1.7×-10.3% | 1.9×-38.4% | |
| P/FCF | 18.1×+47.6% | 12.3×-23.0% | 15.9×-3.4% | 16.5×+7.7% | 15.3×-12.5% | |
| Earnings yield | 5.7%-39.1% | 9.3%+7.4% | 8.7%-3.8% | 9.0%+10.6% | 8.1%+80.8% | |
| FCF yield | 5.5%-32.2% | 8.1%+29.9% | 6.3%+3.5% | 6.1%-7.1% | 6.5%+14.2% | |
| Dividend yield | 1.7%-44.3% | 3.1%+70.0% | 1.8%-44.6% | 3.3%+101.2% | 1.7%+61.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FDX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FDX filings on SEC EDGAR → Not investment advice.