FedEx Corporation (FDX)

FedEx Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 31, 2024	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Cash & Equivalents	5,943	6,501	6,856	6,897	7,087	4,881
Short-Term Investments	-	360	302	-	-	-
Cash & Short-Term Investments	5,943	6,861	7,158	6,897	7,087	4,881
Cash Growth	-15.76%	-4.15%	3.78%	-2.68%	45.20%	110.48%
Receivables	10,312	10,087	10,188	11,863	12,069	10,102
Inventory	611	614	604	637	587	572
Prepaid Expenses	1,228	637	660	968	837	828
Other Current Assets	-	8	-	-	-	-
Total Current Assets	18,094	18,207	18,610	20,365	20,580	16,383
Property, Plant & Equipment	58,349	58,606	58,045	54,704	51,135	47,525
Long-Term Investments	-	77	-	-	-	-
Goodwill	6,512	6,423	6,435	6,544	6,992	6,372
Other Intangible Assets	-	181	234	301	322	322
Long-Term Deferred Tax Assets	-	1,313	1,163	1,207	1,418	1,347
Other Long-Term Assets	3,756	2,200	2,656	2,873	2,330	1,588
Total Assets	86,711	87,007	87,143	85,994	82,777	73,537
Accounts Payable	3,738	3,189	3,848	4,030	3,841	3,269
Accrued Expenses	7,241	7,635	7,222	7,719	7,465	5,101
Current Portion of Long-Term Debt	600	50	51	50	50	-
Current Portion of Leases	2,532	2,481	2,465	2,475	2,304	1,974
Total Current Liabilities	14,111	13,355	13,586	14,274	13,660	10,344
Long-Term Debt	19,262	19,722	19,728	19,746	20,304	21,518
Long-Term Leases	15,371	15,466	16,088	14,923	13,804	12,629
Long-Term Deferred Tax Liabilities	4,485	4,482	4,489	4,093	3,927	3,162
Other Long-Term Liabilities	4,526	4,390	4,034	3,571	3,413	2,570
Total Liabilities	59,535	59,425	61,055	61,055	58,609	55,242
Common Stock	32	32	32	32	32	32
Additional Paid-In Capital	4,134	3,988	3,769	3,712	3,481	3,356
Retained Earnings	38,767	38,649	35,259	32,782	29,817	25,216
Treasury Stock	-14,425	-13,728	-11,645	-10,484	-8,430	-9,162
Comprehensive Income & Other	-1,332	-1,359	-1,327	-1,103	-732	-1,147
Shareholders' Equity	27,176	27,582	26,088	24,939	24,168	18,295
Total Liabilities & Equity	86,711	87,007	87,143	85,994	82,777	73,537
Total Debt	37,765	37,719	38,332	37,194	36,462	36,121
Net Cash (Debt)	-31,822	-30,858	-31,174	-30,297	-29,375	-31,240
Net Cash Per Share	-127.67	-122.94	-121.77	-113.90	-109.61	-119.24
Filing Date Shares Outstanding	244.32	244.3	251.19	259.85	267.35	261.95
Total Common Shares Outstanding	244.32	244.3	251.19	259.85	267.35	261.95
Working Capital	3,983	4,852	5,024	6,091	6,920	6,039
Book Value Per Share	111.23	112.90	103.86	95.98	90.40	69.84
Tangible Book Value	20,664	20,978	19,419	18,094	16,854	11,601
Tangible Book Value Per Share	84.58	85.87	77.31	69.63	63.04	44.29
Machinery	-	58,973	56,138	52,610	48,562	45,001

Source: S&P Capital IQ. Standard template. Financial Sources.