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
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FedEx Corporation (FDX) Operating cash flow
FedEx Corporation's operating cash flow for fiscal 2026 was $8.9B, up 26.8% from $7.0B in fiscal 2025. Over the past ten years it has ranged from $4.7B (fiscal 2018) to $10.1B (fiscal 2021); the current reading is higher than 83% of that period. FedEx Corporation ranks 2nd of 28 Integrated Freight & Logistics companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2026 | $8.9B | 26.85% |
| FY2025 | $7.0B | (15.35%) |
| FY2024 | $8.3B | (6.06%) |
| FY2023 | $8.8B | (10.01%) |
| FY2022 | $9.8B | (2.99%) |
| FY2021 | $10.1B | 98.84% |
| FY2020 | $5.1B | (9.19%) |
| FY2019 | $5.6B | 20.09% |
| FY2018 | $4.7B | (5.19%) |
| FY2017 | $4.9B | (13.63%) |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| May 2026 | $3.3B | 63.82% |
| Feb 2026 | $2.0B | 2.15% |
| Nov 2025 | $2.0B | 13.69% |
| Aug 2025 | $1.7B | (31.88%) |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| UPS United Parcel Service, Inc. compare | $9.3B |
| FDX FedEx Corporation | $8.9B |
| ZTO ZTO Express (Cayman) Inc. compare | $2.2B |
| JBHT J.B. Hunt Transport Services, Inc. compare | $1.5B |
| EXPD Expeditors International of Washington, Inc. compare | $983.7M |
| CHRW C.H. Robinson Worldwide, Inc. compare | $534.0M |
| GXO GXO Logistics, Inc. compare | $433.0M |
| LSTR Landstar System, Inc. compare | $171.4M |
| FDXF FedEx Freight Holding Company Inc. compare | — |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- EPS (diluted)
- EBITDA
- Free cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
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- EV/FCF
- Return on equity
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- Return on invested capital
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