FedEx Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	6,570	5,502	6,501	6,856	6,897	7,087
Short-Term Investments	187	70	77	302	-	-
Cash & Short-Term Investments	6,757	5,572	6,578	7,158	6,897	7,087
Cash Growth	32.34%	-15.29%	-8.10%	3.78%	-2.68%	45.20%
Receivables	12,159	11,368	10,087	10,188	11,863	12,069
Inventory	631	602	614	604	637	587
Prepaid Expenses	1,093	831	920	660	968	837
Other Current Assets	13	13	8	-	-	-
Total Current Assets	20,653	18,386	18,207	18,610	20,365	20,580
Property, Plant & Equipment	57,506	58,095	58,606	58,045	54,704	51,135
Long-Term Investments	552	506	360	-	-	-
Goodwill	6,626	6,603	6,423	6,435	6,544	6,992
Other Intangible Assets	-	205	181	234	301	322
Long-Term Deferred Tax Assets	-	1,116	1,313	1,163	1,207	1,418
Other Long-Term Assets	3,844	2,716	1,917	2,656	2,873	2,330
Total Assets	89,181	87,627	87,007	87,143	85,994	82,777
Accounts Payable	4,664	3,692	3,189	3,848	4,030	3,841
Accrued Expenses	8,006	7,703	7,612	7,222	7,719	7,465
Current Portion of Long-Term Debt	836	1,369	50	51	50	50
Current Portion of Leases	2,686	2,624	2,481	2,465	2,475	2,304
Current Unearned Revenue	22	23	23	-	-	-
Total Current Liabilities	16,214	15,411	13,355	13,586	14,274	13,660
Long-Term Debt	19,485	18,530	19,722	19,728	19,746	20,304
Long-Term Leases	14,759	14,893	15,466	16,088	14,923	13,804
Pension & Post-Retirement Benefits	1,669	1,698	2,010	3,130	4,448	3,501
Long-Term Deferred Tax Liabilities	3,895	4,205	4,482	4,489	4,093	3,927
Other Long-Term Liabilities	5,019	4,816	4,390	4,034	3,571	3,413
Total Liabilities	61,041	59,553	59,425	61,055	61,055	58,609
Common Stock	32	32	32	32	32	32
Additional Paid-In Capital	4,366	4,290	3,988	3,769	3,712	3,481
Retained Earnings	42,154	41,402	38,649	35,259	32,782	29,817
Treasury Stock	-16,998	-16,288	-13,728	-11,645	-10,484	-8,430
Comprehensive Income & Other	-1,414	-1,362	-1,359	-1,327	-1,103	-732
Shareholders' Equity	28,140	28,074	27,582	26,088	24,939	24,168
Total Liabilities & Equity	89,181	87,627	87,007	87,143	85,994	82,777
Total Debt	37,766	37,416	37,719	38,332	37,194	36,462
Net Cash (Debt)	-31,009	-31,844	-31,141	-31,174	-30,297	-29,375
Net Cash Per Share	-130.02	-131.05	-124.07	-121.77	-113.90	-109.61
Filing Date Shares Outstanding	235.12	235.9	244.3	251.19	259.85	267.35
Total Common Shares Outstanding	235	238	244.3	251.19	259.85	267.35
Working Capital	4,439	2,975	4,852	5,024	6,091	6,920
Book Value Per Share	119.74	117.96	112.90	103.86	95.98	90.40
Tangible Book Value	21,514	21,266	20,978	19,419	18,094	16,854
Tangible Book Value Per Share	91.55	89.35	85.87	77.31	69.63	63.04
Machinery	-	61,411	58,973	56,138	52,610	48,562

Source: S&P Global Market Intelligence. Standard template. Financial Sources.