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.

Revenue
+11.9%
EPS
−68.5%
Free cash flow
+62.2%
Total debt
−18.3%

Quarter to September 2026, against a year earlier

308.61 8.19 −2.59%
Market cap
$74.2B
P/E
19.4×
Fwd P/E
15.0×
Dividend yield
1.68%
F-score
7/9
Altman Z
2.56
Beneish M
−2.65
Dividend safety
70/100

FedEx Corporation (FDX) Free cash flow margin

Alert me on Free cash flow margin

FedEx Corporation's free cash flow margin over the twelve months to 30 September 2026 was 0.00%, down 5.5 percentage points from fiscal 2026 (5.50%). Over the past ten years it has ranged from −1.45% (fiscal 2018) to 5.50% (fiscal 2026) — the current reading is the highest in ten years. That is in line with the Integrated Freight & Logistics industry median of 0.00% and below the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 5.50% 1.98
FY2025 3.52% (0.19)
FY2024 3.71% 0.65
FY2023 3.06% (0.32)
FY2022 3.38% (1.80)
FY2021 5.18% 6.26
FY2020 −1.08% (1.38)
FY2019 0.30% 1.75
FY2018 −1.45% (1.37)
FY2017 −0.08% (1.83)

Against its own ten years

Low −1.45% High 5.50%
Ten-year median 2.63%
Current reading's percentile 100

Free cash flow margin against peers

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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