FedEx Corporation (FDX) quarterly balance sheet — complete assets, liabilities & equity history
FedEx Corporation (FDX) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 25B | 27.9B | 25.48B | 20.65B | 19.34B | 18.39B | 17.21B | 17.72B | 18.09B | 18.21B | 17.42B | 19.12B | 18.89B | 18.58B | 17.94B | 18.22B | 19.61B | 20.36B | 19.47B | 20.75B |
| Cash & Short-Term Investments | 11.21B | 13.31B | 8.01B | 6.57B | 6.24B | 5.57B | 5.21B | 5.11B | 6.02B | 6.5B | 5.64B | 6.73B | 7.05B | 6.86B | 5.37B | 4.65B | 6.85B | 6.9B | 6.07B | 6.83B |
| Cash Only | 7.96B | 13.31B | 8.01B | 6.57B | 6.17B | 5.5B | 5.13B | 5.03B | 5.94B | 6.5B | 5.64B | 6.73B | 7.05B | 6.86B | 5.37B | 4.65B | 6.85B | 6.9B | 6.07B | 6.83B |
| Short-Term Investments | 3.25B | 0 | 0 | 0 | 71M | 70M | 72M | 77M | 76M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 10.89B | 12.67B | 11.81B | 12.16B | 11.52B | 11.37B | 10.23B | 10.74B | 10.31B | 10.09B | 9.9B | 10.66B | 10.21B | 10.19B | 10.72B | 11.64B | 11.05B | 11.86B | 11.67B | 12.2B |
| Days Sales Outstanding | 47.03 | 45.03 | 44.94 | 45.9 | 47.32 | 44.71 | 42.58 | 43.6 | 43.48 | 41.59 | 43.05 | 42.85 | 43.27 | 43.86 | 45.4 | 45.27 | 45.36 | 44.37 | 45.43 | 45.34 |
| Inventory | 646M | 669M | 631M | 631M | 604M | 602M | 617M | 620M | 611M | 614M | 640M | 632M | 631M | 604M | 631M | 655M | 647M | 637M | 611M | 594M |
| Days Inventory Outstanding | 2.75 | 3.09 | 3.01 | 3.25 | 3.16 | 3.32 | 3.19 | 3.22 | 3.28 | 3.4 | 3.37 | 3.27 | 3.35 | 3.4 | 3.29 | 3.26 | 3.19 | 3.08 | 2.89 | 2.88 |
| Other Current Assets | 0 | 0 | 3.68B | 0 | 987M | 13M | 1.23B | 1.33B | 1.23B | 1B | 1.24B | 1.09B | 994M | 962M | 1.22B | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 67.92B | 71.03B | 69.26B | 68.53B | 69.07B | 69.24B | 67.83B | 67.76B | 68.62B | 68.8B | 68.69B | 68.93B | 68.69B | 68.53B | 67.83B | 67.37B | 66.22B | 65.63B | 64.64B | 63.5B |
| Property, Plant & Equipment | 54.09B | 58.87B | 41.54B | 41.32B | 57.75B | 58.09B | 57.43B | 57.83B | 58.35B | 58.61B | 58.46B | 58.77B | 58.5B | 58.05B | 57.26B | 57.09B | 56.02B | 54.7B | 53.98B | 53.17B |
| Fixed Asset Turnover | 0.40x | 0.50x | 0.58x | 0.47x | 0.38x | 0.38x | 0.38x | 0.38x | 0.37x | 0.38x | 0.37x | 0.38x | 0.37x | 0.38x | 0.39x | 0.40x | 0.42x | 0.45x | 0.44x | 0.45x |
| Goodwill | 0 | 6.73B | 6.76B | 6.63B | 6.67B | 6.6B | 6.33B | 6.29B | 6.51B | 6.42B | 6.42B | 6.47B | 6.42B | 6.43B | 6.46B | 6.38B | 6.32B | 6.54B | 6.75B | 6.7B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 301M | 0 | 0 |
| Long-Term Investments | 2.5B | 0 | 0 | 0 | 535M | 506M | 447M | 400M | 414M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 11.33B | 5.43B | 20.96B | 20.58B | 4.11B | 4.04B | 3.62B | 3.24B | 3.34B | 2.46B | 3.8B | 3.69B | 3.77B | 4.05B | 4.12B | 3.9B | 3.88B | 4.08B | 3.91B | 3.63B |
| Total Assets | 92.93B | 98.94B | 94.73B | 89.18B | 88.42B | 87.63B | 85.04B | 85.48B | 86.71B | 87.01B | 86.11B | 88.05B | 87.58B | 87.11B | 85.78B | 85.59B | 85.83B | 85.99B | 84.11B | 84.25B |
| Asset Turnover | 0.24x | 0.26x | 0.26x | 0.26x | 0.25x | 0.26x | 0.26x | 0.26x | 0.25x | 0.26x | 0.25x | 0.25x | 0.25x | 0.25x | 0.26x | 0.27x | 0.27x | 0.29x | 0.28x | 0.28x |
| Asset Growth % | 5.1% | 12.91% | 11.39% | 4.33% | 1.97% | 0.71% | -1.24% | -2.92% | -0.99% | -0.12% | 0.4% | 2.87% | 2.04% | 1.3% | 1.98% | 1.6% | 4.6% | 3.89% | 1.59% | 3.81% |
| Total Current Liabilities | 18.84B | 18.91B | 17.29B | 16.21B | 15.52B | 15.41B | 13.9B | 14.39B | 14.11B | 13.36B | 13.31B | 14.25B | 13.81B | 13.59B | 13.58B | 14.04B | 13.77B | 14.27B | 13.99B | 13.88B |
| Accounts Payable | 6.96B | 4.33B | 4.15B | 4.66B | 4.22B | 3.69B | 3.6B | 3.9B | 3.74B | 3.19B | 3.78B | 4B | 3.79B | 3.85B | 3.99B | 3.99B | 4.17B | 4.03B | 4.19B | 4.19B |
| Days Payables Outstanding | 23.63 | 20.18 | 21.02 | 23.42 | 20.75 | 19.85 | 19.36 | 19.98 | 18.52 | 18.87 | 20.59 | 20.17 | 20.72 | 21.6 | 20.4 | 20.42 | 20.34 | 20.27 | 20.1 | 19.67 |
| Short-Term Debt | 2.05B | 2.42B | 2.42B | 901M | 883M | 1.43B | 611M | 592M | 622M | 68M | 67M | 334M | 351M | 126M | 147M | 172M | 139M | 50M | 116M | 117M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.09B | 2.31B | 0 | 2.72B | 0 | 1.65B | 0 | 0 | 0 | 1.92B | 0 | 0 | 0 | 1.65B | 0 | 0 | 0 | 1.78B | 0 | 0 |
| Current Ratio | 1.33x | 1.48x | 1.47x | 1.27x | 1.25x | 1.19x | 1.24x | 1.23x | 1.28x | 1.36x | 1.31x | 1.34x | 1.37x | 1.37x | 1.32x | 1.30x | 1.42x | 1.43x | 1.39x | 1.49x |
| Quick Ratio | 1.29x | 1.44x | 1.44x | 1.23x | 1.21x | 1.15x | 1.19x | 1.19x | 1.24x | 1.32x | 1.26x | 1.30x | 1.32x | 1.32x | 1.27x | 1.25x | 1.38x | 1.38x | 1.35x | 1.45x |
| Cash Conversion Cycle | 26.15 | 27.94 | 26.92 | 25.74 | 29.74 | 28.18 | 26.41 | 26.84 | 28.24 | 26.12 | 25.83 | 25.94 | 25.9 | 25.66 | 28.29 | 28.11 | 28.2 | 27.18 | 28.21 | 28.54 |
| Total Non-Current Liabilities | 39.52B | 48.38B | 47.64B | 44.83B | 45.12B | 44.14B | 44.44B | 44.63B | 45.42B | 46.07B | 46.43B | 47.04B | 47.23B | 47.47B | 47.46B | 47.44B | 46.92B | 46.78B | 45.59B | 45.42B |
| Long-Term Debt | 17.3B | 23.29B | 22.83B | 20.29B | 20.29B | 19.15B | 19.53B | 19.43B | 19.66B | 20.14B | 20.12B | 20.19B | 20.14B | 20.45B | 20.12B | 20.08B | 19.92B | 19.75B | 20.39B | 20.39B |
| Capital Lease Obligations | 12.26B | 14.55B | 14.14B | 13.95B | 14.14B | 14.27B | 14.37B | 14.71B | 14.97B | 15.05B | 14.88B | 15.22B | 15.34B | 15.36B | 15.37B | 15.29B | 15.12B | 14.92B | 14.45B | 13.96B |
| Deferred Tax Liabilities | 3.01B | 3.66B | 3.84B | 3.9B | 4.05B | 4.21B | 4.31B | 4.44B | 4.49B | 4.48B | 4.38B | 4.39B | 4.45B | 4.49B | 4.31B | 4.19B | 4.13B | 4.09B | 4.33B | 4.16B |
| Other Non-Current Liabilities | 6.94B | 6.87B | 6.83B | 6.69B | 6.64B | 6.51B | 6.24B | 6.05B | 6.31B | 6.4B | 7.05B | 7.24B | 7.3B | 7.16B | 7.65B | 7.88B | 7.75B | 8.02B | 6.42B | 6.92B |
| Total Liabilities | 58.36B | 67.29B | 64.93B | 61.04B | 60.65B | 59.55B | 58.34B | 59.02B | 59.53B | 59.42B | 59.74B | 61.28B | 61.04B | 61.05B | 61.04B | 61.48B | 60.69B | 61.05B | 59.58B | 59.31B |
| Total Debt | 34.13B | 42.94B | 42.02B | 37.77B | 37.91B | 37.42B | 37.03B | 37.27B | 37.77B | 37.72B | 37.51B | 38.18B | 38.22B | 38.33B | 38.09B | 38.04B | 37.65B | 37.19B | 37.35B | 36.83B |
| Net Debt | 26.17B | 29.63B | 34.01B | 31.2B | 31.74B | 31.91B | 31.9B | 32.24B | 31.82B | 31.22B | 31.87B | 31.45B | 31.16B | 31.48B | 32.72B | 33.39B | 30.8B | 30.3B | 31.29B | 30B |
| Debt / Equity | 0.99x | 1.36x | 1.41x | 1.34x | 1.36x | 1.33x | 1.39x | 1.41x | 1.39x | 1.37x | 1.42x | 1.43x | 1.44x | 1.47x | 1.54x | 1.58x | 1.50x | 1.49x | 1.52x | 1.48x |
| Debt / EBITDA | 16.78x | 13.48x | 15.41x | 15.44x | 15.86x | 12.29x | 14.60x | 15.27x | 16.52x | 12.20x | 15.44x | 15.51x | 14.36x | 13.49x | 17.32x | 16.84x | 16.61x | 12.78x | 15.26x | 14.35x |
| Net Debt / EBITDA | 12.86x | 9.30x | 12.47x | 12.75x | 13.28x | 10.48x | 12.57x | 13.21x | 13.92x | 10.10x | 13.12x | 12.78x | 11.71x | 11.08x | 14.88x | 14.79x | 13.58x | 10.41x | 12.78x | 11.69x |
| Interest Coverage | 7.42x | 14.92x | 11.70x | 9.55x | 10.53x | 18.93x | 11.18x | 10.62x | 13.57x | 22.13x | 14.00x | 13.39x | 16.64x | 21.27x | 9.38x | 9.34x | 9.13x | 4.24x | 9.44x | 9.90x |
| Total Equity | 34.57B | 31.65B | 29.8B | 28.14B | 27.77B | 28.07B | 26.71B | 26.46B | 27.18B | 27.58B | 26.38B | 26.77B | 26.53B | 26.09B | 24.73B | 24.11B | 25.14B | 24.94B | 24.53B | 24.94B |
| Equity Growth % | 24.48% | 12.73% | 11.59% | 6.35% | 2.19% | 1.78% | 1.26% | -1.14% | 2.42% | 5.73% | 6.64% | 10.99% | 5.54% | 4.61% | 0.84% | -3.31% | 3.37% | 3.19% | 11.58% | 18.54% |
| Book Value per Share | 144.64 | 131.32 | 122.65 | 115.80 | 114.28 | 117.96 | 109.46 | 108.44 | 109.87 | 111.22 | 105.50 | 105.79 | 104.46 | 102.71 | 97.76 | 94.20 | 95.95 | 95.20 | 92.55 | 93.06 |
| Total Shareholders' Equity | 34.57B | 31.65B | 29.8B | 28.14B | 27.77B | 28.07B | 26.71B | 26.46B | 27.18B | 27.58B | 26.38B | 26.77B | 26.53B | 26.09B | 24.73B | 24.11B | 25.14B | 24.94B | 24.53B | 24.94B |
| Common Stock | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M | 32M |
| Retained Earnings | 49.68B | 44.46B | 42.86B | 42.15B | 41.54B | 41.4B | 39.75B | 39.17B | 38.77B | 38.65B | 37.17B | 36.6B | 36.02B | 35.26B | 34.04B | 33.56B | 33.06B | 32.78B | 32.23B | 31.31B |
| Treasury Stock | -18.24B | -16.34B | -16.49B | -17B | -16.75B | -16.29B | -15.82B | -15.4B | -14.43B | -13.73B | -13.39B | -12.43B | -11.96B | -11.64B | -11.77B | -11.58B | -10.39B | -10.48B | -10.53B | -9.07B |
| Accumulated OCI | -1.77B | -1.23B | -1.22B | -1.41B | -1.37B | -1.36B | -1.5B | -1.51B | -1.33B | -1.36B | -1.33B | -1.29B | -1.36B | -1.33B | -1.31B | -1.39B | -1.31B | -1.1B | -887M | -977M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |