FedEx Balance Sheet

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

Millions USD. Fiscal year is Jun - May.

Quarter Ended	2024-02-29	2023-11-30	2023-08-31	2023-05-31	2023-02-28	2022-11-30	2022-08-31	2022-05-31	2022-02-28	2021-11-30	2021-08-31	2021-05-31	2021-02-28	2020-11-30	2020-08-31	2020-05-31	2020-02-29	2019-11-30	2019-08-31	2019-05-31	2019-02-28	2018-11-30	2018-08-31	2018-05-31	2018-02-28	2017-11-30	2017-08-31	2017-05-31	2017-02-28	2016-11-30	2016-08-31	2016-05-31	2016-02-29	2015-11-30	2015-08-31	2015-05-31	2015-02-28	2014-11-30	2014-08-31	2014-05-31	+85 Quarters
Cash & Equivalents	5,644	6,729	7,055	6,856	5,373	4,646	6,850	6,897	6,065	6,833	6,853	7,087	8,856	8,339	6,954	4,881	1,766	2,031	2,389	2,319	2,872	2,123	2,369	3,265	2,789	2,768	3,503	3,969	3,173	3,059	2,989	3,534	2,841	3,647	3,543	3,763	3,478	2,266	2,416	2,908	Upgrade
Cash & Cash Equivalents	5,644	6,729	7,055	6,856	5,373	4,646	6,850	6,897	6,065	6,833	6,853	7,087	8,856	8,339	6,954	4,881	1,766	2,031	2,389	2,319	2,872	2,123	2,369	3,265	2,789	2,768	3,503	3,969	3,173	3,059	2,989	3,534	2,841	3,647	3,543	3,763	3,478	2,266	2,416	2,908	Upgrade
Cash Growth	5.04%	44.83%	2.99%	-0.59%	-11.41%	-32.01%	-0.04%	-2.68%	-31.52%	-18.06%	-1.45%	45.20%	401.47%	310.59%	191.08%	110.48%	-38.51%	-4.33%	0.84%	-28.97%	2.98%	-23.30%	-32.37%	-17.74%	-12.10%	-9.51%	17.20%	12.31%	11.69%	-16.12%	-15.64%	-6.09%	-18.32%	60.94%	46.65%	29.40%	14.33%	-42.41%	-52.59%	-40.86%	Upgrade
Receivables	9,904	10,665	10,207	10,188	10,721	11,644	11,055	11,863	11,668	12,197	11,125	12,069	11,481	11,417	10,508	10,102	9,323	9,709	9,312	9,116	9,037	9,573	8,716	8,481	8,671	8,655	8,006	7,599	7,418	7,575	7,233	7,252	5,634	5,865	5,617	5,719	5,584	5,592	5,487	5,460	Upgrade
Inventory	640	632	631	604	631	655	647	637	611	594	577	587	583	587	593	572	568	576	574	553	546	522	523	525	523	533	516	514	527	517	512	496	476	493	488	498	488	476	481	463	Upgrade
Other Current Assets	1,236	1,091	994	962	1,219	1,272	1,054	968	1,122	1,123	991	837	790	922	848	828	884	882	742	1,098	1,045	1,220	1,033	1,070	1,592	925	697	546	820	901	667	707	1,286	1,147	1,055	355	932	878	866	852	Upgrade
Total Current Assets	17,424	19,117	18,887	18,610	17,944	18,217	19,606	20,365	19,466	20,747	19,546	20,580	21,710	21,265	18,903	16,383	12,541	13,198	13,017	13,086	13,500	13,438	12,641	13,341	13,575	12,881	12,722	12,628	11,938	12,052	11,401	11,989	10,237	11,152	10,703	10,335	10,482	9,212	9,250	9,683	Upgrade
Property, Plant & Equipment	58,464	58,775	58,501	58,045	57,259	57,094	56,025	54,704	53,981	53,171	51,895	51,135	49,954	49,455	48,758	47,525	47,287	46,505	45,429	30,429	29,768	29,387	28,779	28,154	27,697	27,290	26,235	25,981	25,613	25,307	24,804	24,284	22,552	22,278	21,483	20,875	20,425	19,893	19,424	19,550	Upgrade
Goodwill and Intangibles	6,425	6,468	6,422	6,435	6,455	6,377	6,316	6,544	6,755	6,702	6,843	6,992	6,977	6,702	6,633	6,372	6,814	6,861	6,821	6,884	6,916	6,908	6,869	6,973	7,464	7,325	7,382	7,154	7,000	6,921	6,783	6,747	3,764	3,806	3,792	3,810	3,805	2,734	2,775	2,790	Upgrade
Other Long-Term Assets	3,801	3,691	3,766	4,053	4,117	3,903	3,879	4,381	3,906	3,627	3,764	4,070	4,152	3,734	3,354	3,257	3,372	3,390	3,185	4,004	4,280	3,556	3,612	3,862	3,115	2,785	3,011	2,789	2,230	2,068	2,587	2,939	1,266	1,135	1,267	1,511	1,396	1,145	1,138	1,047	Upgrade
Total Long-Term Assets	68,690	68,934	68,689	68,533	67,831	67,374	66,220	65,629	64,642	63,500	62,502	62,197	61,083	59,891	58,745	57,154	57,473	56,756	55,435	41,317	40,964	39,851	39,260	38,989	38,276	37,400	36,628	35,924	34,843	34,296	34,174	33,970	27,582	27,219	26,542	26,196	25,626	23,772	23,337	23,387	Upgrade
Total Assets	86,114	88,051	87,576	87,143	85,775	85,591	85,826	85,994	84,108	84,247	82,048	82,777	82,793	81,156	77,648	73,537	70,014	69,954	68,452	54,403	54,464	53,289	51,901	52,330	51,851	50,281	49,350	48,552	46,781	46,348	45,575	45,959	37,819	38,371	37,245	36,531	36,108	32,984	32,587	33,070	Upgrade
Accounts Payable	3,780	4,002	3,794	3,848	3,987	3,989	4,167	4,030	4,187	4,190	3,822	3,841	3,990	3,733	3,339	3,269	3,193	3,283	3,179	3,030	3,156	3,400	3,066	2,977	3,102	3,147	2,938	2,752	2,707	2,954	2,851	2,944	2,024	2,129	2,049	2,066	2,050	1,968	1,973	1,971	Upgrade
Current Debt	2,514	2,767	2,733	2,516	2,593	2,670	2,609	2,525	2,511	2,488	2,388	2,354	2,779	2,220	2,111	1,974	2,237	2,094	1,931	964	1,198	892	1,703	1,342	1,563	261	19	22	45	43	47	29	11	14	14	19	0	0	1	1	Upgrade
Other Current Liabilities	7,014	7,479	7,284	7,222	7,000	7,380	6,989	7,719	7,292	7,206	6,700	7,465	6,797	6,162	5,745	5,101	4,895	5,170	4,825	5,019	4,902	5,204	4,837	5,308	4,838	4,819	4,833	5,144	4,698	4,810	4,576	5,035	3,904	3,808	3,781	3,871	3,193	3,205	3,179	3,340	Upgrade
Total Current Liabilities	13,308	14,248	13,811	13,586	13,580	14,039	13,765	14,274	13,990	13,884	12,910	13,660	13,566	12,115	11,195	10,344	10,325	10,547	9,935	9,013	9,256	9,496	9,606	9,627	9,503	8,227	7,790	7,918	7,450	7,807	7,474	8,008	5,939	5,951	5,844	5,956	5,243	5,173	5,153	5,312	Upgrade
Long-Term Debt	35,000	35,415	35,483	35,816	35,495	35,366	35,036	34,669	34,843	34,341	33,936	34,108	35,787	36,230	35,918	34,147	31,205	31,123	30,863	17,148	17,730	17,004	15,798	15,794	16,549	15,813	15,712	15,440	15,169	14,100	14,192	14,133	9,200	9,321	8,010	7,960	7,922	5,567	5,483	5,494	Upgrade
Other Long-Term Liabilities	11,431	11,622	11,748	11,653	11,967	12,071	11,885	12,112	10,749	11,082	10,881	10,841	11,459	11,772	11,073	10,751	9,653	9,625	9,488	10,485	7,584	7,495	7,324	7,493	6,905	9,186	9,230	9,121	8,978	9,910	9,767	10,034	8,353	8,109	8,108	7,622	6,931	6,681	6,830	6,987	Upgrade
Total Long-Term Liabilities	46,431	47,037	47,231	47,469	47,462	47,437	46,921	46,781	45,592	45,423	44,817	44,949	47,246	48,002	46,991	44,898	40,858	40,748	40,351	27,633	25,314	24,499	23,122	23,287	23,454	24,999	24,942	24,561	24,147	24,010	23,959	24,167	17,553	17,430	16,118	15,582	14,853	12,248	12,313	12,481	Upgrade
Total Liabilities	59,739	61,285	61,042	61,055	61,042	61,476	60,686	61,055	59,582	59,307	57,727	58,609	60,812	60,117	58,186	55,242	51,183	51,295	50,286	36,646	34,570	33,995	32,728	32,914	32,957	33,226	32,732	32,479	31,597	31,817	31,433	32,175	23,492	23,381	21,962	21,538	20,096	17,421	17,466	17,793	Upgrade
Total Debt	37,514	38,182	38,216	38,332	38,088	38,036	37,645	37,194	37,354	36,829	36,324	36,462	38,566	38,450	38,029	36,121	33,442	33,217	32,794	18,112	18,928	17,896	17,501	17,136	18,112	16,074	15,731	15,462	15,214	14,143	14,239	14,162	9,211	9,335	8,024	7,979	7,922	5,567	5,484	5,495	Upgrade
Debt Growth	-1.51%	0.38%	1.52%	3.06%	1.96%	3.28%	3.64%	2.01%	-3.14%	-4.22%	-4.48%	0.94%	15.32%	15.75%	15.96%	99.43%	76.68%	85.61%	87.38%	5.70%	4.51%	11.34%	11.25%	10.83%	19.05%	13.65%	10.48%	9.18%	65.17%	51.51%	77.46%	77.49%	16.27%	67.68%	46.32%	45.20%	44.64%	43.78%	44.70%	45.83%	Upgrade
Retained Earnings	37,174	36,605	36,021	35,259	34,040	33,557	33,060	32,782	32,225	31,307	30,462	29,817	27,924	27,208	26,108	25,216	25,569	25,431	25,048	24,648	26,650	26,080	25,315	24,823	23,710	21,785	21,156	20,833	19,830	19,410	18,862	18,371	18,481	18,048	17,434	16,900	21,880	21,480	20,921	16,229	Upgrade
Comprehensive Income	-1,335	-1,294	-1,356	-1,327	-1,308	-1,385	-1,314	-1,103	-887	-977	-881	-732	-764	-898	-1,020	-1,147	-887	-866	-918	-865	-737	-817	-763	-578	-357	-434	-325	-415	-334	-425	-176	-169	-159	-41	10	172	-3,909	-3,787	-3,694	506	Upgrade
Shareholders' Equity	26,375	26,766	26,534	26,088	24,733	24,115	25,140	24,939	24,526	24,940	24,321	24,168	21,981	21,039	19,462	18,295	18,831	18,659	18,166	17,757	19,894	19,294	19,173	19,416	18,894	17,055	16,618	16,073	15,184	14,531	14,142	13,784	14,327	14,990	15,283	14,993	16,012	15,563	15,121	15,277	Upgrade
Net Cash / Debt	-31,870	-31,453	-31,161	-31,476	-32,715	-33,390	-30,795	-30,297	-31,289	-29,996	-29,471	-29,375	-29,710	-30,111	-31,075	-31,240	-31,676	-31,186	-30,405	-15,793	-16,056	-15,773	-15,132	-13,871	-15,323	-13,306	-12,228	-11,493	-12,041	-11,084	-11,250	-10,628	-6,370	-5,688	-4,481	-4,216	-4,444	-3,301	-3,068	-2,587	Upgrade
Working Capital	4,116	4,869	5,076	5,024	4,364	4,178	5,841	6,091	5,476	6,863	6,636	6,920	8,144	9,150	7,708	6,039	2,216	2,651	3,082	4,073	4,244	3,942	3,035	3,714	4,072	4,654	4,932	4,710	4,488	4,245	3,927	3,981	4,298	5,201	4,859	4,379	5,239	4,039	4,097	4,371	Upgrade
Book Value Per Share	105.55	106.46	105.63	103.79	97.99	92.67	96.75	96.22	92.56	93.88	90.97	91.08	82.92	80.12	74.30	70.03	72.12	71.52	69.65	68.15	76.21	73.22	72.10	72.66	70.53	63.60	61.95	60.11	56.97	54.68	53.26	51.35	51.98	53.09	54.11	52.84	56.52	54.95	52.98	51.70	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).