FedEx Corporation FDX

285.85 6.31 2.26% as of 25 Sep
Market cap
$67.6B
P/E
15.3×
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FedEx Corporation (FDX) 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

Annual

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

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

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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