FedEx Corporation (FDX)
NYSE: FDX · Real-Time Price · USD
313.40
+1.60 (0.51%)
Sep 11, 2026, 12:39 PM EDT - Market open
FedEx Cash Flow Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Operating Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Net Income | 4,433 | 4,092 | 4,331 | 3,972 | 3,826 |
Depreciation & Amortization | 4,369 | 4,264 | 4,287 | 4,176 | 3,970 |
Asset Writedown & Restructuring Costs | -25 | 64 | 183 | 140 | 53 |
Stock-Based Compensation | 177 | 154 | 163 | 182 | 190 |
Provision & Write-off of Bad Debts | 946 | 521 | 421 | 696 | 403 |
Other Operating Activities | 2,538 | 2,656 | 2,358 | 2,822 | 4,509 |
Change in Accounts Receivable | -2,247 | -1,780 | -270 | 782 | -310 |
Change in Accounts Payable | -933 | -2,460 | -2,553 | -3,331 | -1,861 |
Change in Other Net Operating Assets | -333 | -475 | -608 | -591 | -948 |
Operating Cash Flow | 8,925 | 7,036 | 8,312 | 8,848 | 9,832 |
Operating Cash Flow Growth | 26.85% | -15.35% | -6.06% | -10.01% | -2.99% |
Investing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Capital Expenditures | -3,809 | -4,055 | -5,176 | -6,174 | -6,763 |
Sale of Property, Plant & Equipment | 97 | 115 | 114 | 84 | 94 |
Investment in Securities | -199 | -152 | -138 | -84 | -147 |
Investing Cash Flow | -3,911 | -4,092 | -5,200 | -6,174 | -6,816 |
Financing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Short-Term Debt Issued | 742 | - | - | - | - |
Long-Term Debt Issued | 5,289 | - | - | - | - |
Total Debt Issued | 6,031 | - | - | - | - |
Long-Term Debt Repaid | -2,049 | -157 | -147 | -152 | -161 |
Net Debt Issued (Repaid) | 3,982 | -157 | -147 | -152 | -161 |
Issuance of Common Stock | 992 | 524 | 491 | 231 | 184 |
Repurchase of Common Stock | -796 | -3,017 | -2,500 | -1,500 | -2,248 |
Common Dividends Paid | -1,374 | -1,339 | -1,259 | -1,177 | -793 |
Other Financing Activities | -55 | -30 | -11 | 1 | -1 |
Financing Cash Flow | 2,749 | -4,019 | -3,426 | -2,597 | -3,019 |
Net Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Foreign Exchange Rate Adjustments | 46 | 76 | -41 | -118 | -187 |
Net Cash Flow | 7,809 | -999 | -355 | -41 | -190 |
Free Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Free Cash Flow | 5,116 | 2,981 | 3,136 | 2,674 | 3,069 |
Free Cash Flow Growth | 71.62% | -4.94% | 17.28% | -12.87% | -27.81% |
Free Cash Flow Margin | 5.40% | 3.39% | 3.58% | 2.97% | 3.28% |
Free Cash Flow Per Share | 21.41 | 12.27 | 12.49 | 10.45 | 11.54 |
Levered Free Cash Flow | 5,657 | 3,495 | 2,773 | 3,082 | 1,058 |
Unlevered Free Cash Flow | 6,263 | 3,988 | 3,239 | 3,516 | 1,488 |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Cash Interest Paid | 881 | 814 | 744 | 694 | 695 |
Cash Income Tax Paid | 1,912 | 1,250 | 1,433 | 1,043 | 177 |
Change in Working Capital | -3,513 | -4,715 | -3,431 | -3,140 | -3,119 |