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.
Follow FDX
FedEx Corporation (FDX) Free cash flow
FedEx Corporation's free cash flow for fiscal 2026 was $5.2B, up 68.4% from $3.1B in fiscal 2025. Over the past ten years it has ranged from −$947.0M (fiscal 2018) to $5.2B (fiscal 2026) — the current reading is the highest in ten years. FedEx Corporation ranks 1st of 28 Integrated Freight & Logistics companies by free cash flow.
Free cash flow, annual
Embed this chart
Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2026 | $5.2B | 68.38% |
| FY2025 | $3.1B | (4.74%) |
| FY2024 | $3.3B | 17.84% |
| FY2023 | $2.8B | (12.80%) |
| FY2022 | $3.2B | (27.34%) |
| FY2021 | $4.4B | — |
| FY2020 | −$749.0M | — |
| FY2019 | $206.0M | — |
| FY2018 | −$947.0M | — |
| FY2017 | −$51.0M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| May 2026 | $1.8B | (46.59%) |
| Feb 2026 | $3.4B | 173.37% |
| Nov 2025 | $1.2B | 13.72% |
| Aug 2025 | $1.1B | (2.32%) |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| FDX FedEx Corporation | $7.5B |
| UPS United Parcel Service, Inc. compare | $6.3B |
| JBHT J.B. Hunt Transport Services, Inc. compare | $1.3B |
| EXPD Expeditors International of Washington, Inc. compare | $923.9M |
| CHRW C.H. Robinson Worldwide, Inc. compare | $617.8M |
| PBI Pitney Bowes Inc. compare | $415.2M |
| GXO GXO Logistics, Inc. compare | $331.0M |
| LSTR Landstar System, Inc. compare | $179.7M |
| ZTO ZTO Express (Cayman) Inc. compare | −$299.5M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on FDX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement