FedEx Corporation
FDX Industrials Integrated Freight & Logistics
FedEx Corporation’s revenue for fiscal 2026 (year ended May 2026) was $94.7 billion, up 7.73% from fiscal 2025. In the quarter to May 2026, revenue grew 12.5%, EPS fell 4.07%, free cash flow grew 62.2% and total debt rose 25.0%, each against the same quarter a year earlier. Member of the S&P 500.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| May '26 | May '25 | May '24 | May '23 | May '22 | May '21 | May '20 | May '19 | May '18 | May '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
13,311.00 | 5,502.00 | 6,501.00 | 6,856.00 | 6,897.00 | 7,087.00 | 4,881.00 | 2,319.00 | 3,265.00 | 3,969.00 |
Receivables |
12,672.00 | 11,368.00 | 10,087.00 | 10,188.00 | 11,863.00 | 12,069.00 | 10,102.00 | 9,116.00 | 8,481.00 | 7,599.00 |
Inventory |
669.00 | 602.00 | 614.00 | 604.00 | 637.00 | 587.00 | 572.00 | 553.00 | 525.00 | 514.00 |
Total current assets |
27,903.00 | 18,386.00 | 18,207.00 | 18,610.00 | 20,365.00 | 20,580.00 | 16,383.00 | 13,086.00 | 13,341.00 | 12,628.00 |
Property, Plant, Equpment (Net) |
42,044.00 | 41,642.00 | 41,491.00 | 40,698.00 | 38,091.00 | 35,752.00 | 33,608.00 | 30,429.00 | 28,154.00 | 25,981.00 |
Goodwill and Intangible Assets (Total) |
6,733.00 | 6,603.00 | 6,423.00 | 6,435.00 | 6,544.00 | 6,992.00 | 6,372.00 | 6,884.00 | 6,973.00 | 7,154.00 |
Long-term assets (Other) |
5,435.00 | 4,543.00 | 3,771.00 | 4,053.00 | 4,381.00 | 4,070.00 | 3,257.00 | 4,004.00 | 3,862.00 | 2,789.00 |
Total non-current assets |
71,034.00 | 69,241.00 | 68,800.00 | 68,533.00 | 65,629.00 | 62,197.00 | 57,154.00 | 41,317.00 | 38,989.00 | 35,924.00 |
Total Assets |
98,937.00 | 87,627.00 | 87,007.00 | 87,143.00 | 85,994.00 | 82,777.00 | 73,537.00 | 54,403.00 | 52,330.00 | 48,552.00 |
Accounts Payable |
4,327.00 | 3,692.00 | 3,189.00 | 3,848.00 | 4,030.00 | 3,841.00 | 3,269.00 | 3,030.00 | 2,977.00 | 2,752.00 |
Accrued Expenses |
5,725.00 | 4,995.00 | 4,962.00 | 4,747.00 | 5,188.00 | 4,562.00 | 3,532.00 | 3,278.00 | 3,131.00 | 3,230.00 |
Current Part of Debt |
2,421.00 | 1,428.00 | 68.00 | 126.00 | 82.00 | 146.00 | 51.00 | 964.00 | 1,342.00 | 22.00 |
Total current liabilities |
18,912.00 | 15,411.00 | 13,355.00 | 13,586.00 | 14,274.00 | 13,660.00 | 10,344.00 | 9,013.00 | 9,627.00 | 7,918.00 |
Long Term Debt (Total) |
23,293.00 | 19,151.00 | 20,135.00 | 20,453.00 | 20,182.00 | 20,733.00 | 21,952.00 | 16,617.00 | 15,243.00 | 14,909.00 |
Non-current Revenue (Deferred) |
— | — | — | — | — | — | — | 531.00 | 672.00 | 668.00 |
Pension and Post-Retirement Liabilities |
1,625.00 | 1,698.00 | 2,010.00 | 3,130.00 | 4,448.00 | 3,501.00 | 5,019.00 | 5,095.00 | 2,187.00 | 4,487.00 |
Long Term Tax Liability (Deferred) |
3,664.00 | 4,205.00 | 4,482.00 | 4,489.00 | 4,093.00 | 3,927.00 | 3,162.00 | 2,821.00 | 2,867.00 | 2,485.00 |
Non-current Liabilities (Other) |
5,247.00 | 4,816.00 | 4,390.00 | 4,034.00 | 3,571.00 | 3,413.00 | 2,570.00 | 2,569.00 | 2,318.00 | 2,012.00 |
Total non-current liabilities |
48,378.00 | 44,142.00 | 46,070.00 | 47,469.00 | 46,781.00 | 44,949.00 | 44,898.00 | 27,633.00 | 23,287.00 | 24,561.00 |
Total liabilities |
67,290.00 | 59,553.00 | 59,425.00 | 61,055.00 | 61,055.00 | 58,609.00 | 55,242.00 | 36,646.00 | 32,914.00 | 32,479.00 |
Additional Paid In Capital |
4,717.00 | 4,290.00 | 3,988.00 | 3,769.00 | 3,712.00 | 3,481.00 | 3,356.00 | 3,231.00 | 3,117.00 | 3,005.00 |
Common Stock (Net) |
32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 |
Retained Earnings |
44,461.00 | 41,402.00 | 38,649.00 | 35,259.00 | 32,782.00 | 29,817.00 | 25,216.00 | 24,648.00 | 24,823.00 | 20,833.00 |
Treasury Stock |
16,336.00 | 16,288.00 | 13,728.00 | 11,645.00 | 10,484.00 | 8,430.00 | 9,162.00 | 9,289.00 | 7,978.00 | 7,382.00 |
Common Equity (Total) |
31,647.00 | 28,074.00 | 27,582.00 | 26,088.00 | 24,939.00 | 24,168.00 | 18,295.00 | 17,757.00 | 19,416.00 | 16,073.00 |
Shareholders Equity (Total) |
31,647.00 | 28,074.00 | 27,582.00 | 26,088.00 | 24,939.00 | 24,168.00 | 18,295.00 | 17,757.00 | 19,416.00 | 16,073.00 |
Shareholders Equity and Liabilities (Total) |
98,937.00 | 87,627.00 | 87,007.00 | 87,143.00 | 85,994.00 | 82,777.00 | 73,537.00 | 54,403.00 | 52,330.00 | 48,552.00 |
Shares (Common) |
240.00 | 238.00 | 246.00 | 251.19 | 259.85 | 267.35 | 261.95 | 260.81 | 265.93 | 268.26 |
Shareholders Equity (Tangible) |
24,914.00 | 21,471.00 | 21,159.00 | 19,653.00 | 18,395.00 | 17,176.00 | 11,923.00 | 10,873.00 | 12,443.00 | 8,919.00 |
Net Debt |
12,403.00 | 15,077.00 | 13,702.00 | 13,723.00 | 13,367.00 | 13,792.00 | 17,122.00 | 15,262.00 | 13,320.00 | 10,962.00 |
Total Debt |
25,714.00 | 20,579.00 | 20,203.00 | 20,579.00 | 20,264.00 | 20,879.00 | 22,003.00 | 17,581.00 | 16,585.00 | 14,931.00 |