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Saturday 17 October 2026 Export FDX’s income statement to Excel — free account

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.

293.55 1.99 −0.67%
Market cap
$70.0B
P/E
15.8×
Fwd P/E
15.5×
Dividend yield
1.82%
F-score
7/9
Altman Z
2.58
Beneish M
−2.65
Dividend safety
70/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

FedEx Corporation (FDX) Debt to equity

Alert me on Debt to equity

FedEx Corporation's debt to equity at the end of the quarter to 31 May 2026 was 0.8×. Over the past ten years it has ranged from 0.5× (fiscal 2015) to 1.2× (fiscal 2020); the current reading is higher than 50% of that period. That is above the Integrated Freight & Logistics industry median of 0.1× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.8× 10.85%
FY2025 0.7× 0.07%
FY2024 0.7× (7.14%)
FY2023 0.8× (2.92%)
FY2022 0.8× (5.95%)
FY2021 0.9× (28.17%)
FY2020 1.2× 21.47%
FY2019 1.0× 15.91%
FY2018 0.9× (8.04%)
FY2017 0.9× (6.96%)

Quarterly newest first

Period Debt to equity Change
May 2026 0.8× (4.11%)
Feb 2026 0.8× 12.49%
Nov 2025 0.8× (1.22%)
Aug 2025 0.8× 4.02%
42 more quarters

Against its own ten years

Low 0.5× High 1.2×
Ten-year median 0.8×
Current reading's percentile 50

Debt to equity against peers

Company Debt to equity
PBI Pitney Bowes Inc. compare −2.4×
EXPD Expeditors International of Washington, Inc. compare 0.0×
LSTR Landstar System, Inc. compare 0.1×
JBHT J.B. Hunt Transport Services, Inc. compare 0.3×
ZTO ZTO Express (Cayman) Inc. compare 0.3×
FDX FedEx Corporation 0.8×
CHRW C.H. Robinson Worldwide, Inc. compare 1.0×
GXO GXO Logistics, Inc. compare 1.1×
UPS United Parcel Service, Inc. compare 1.6×
Integrated Freight & Logistics industry median 0.1×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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