FedEx Corporation (FDX)
NYSE: FDX · Real-Time Price · USD
387.00
-0.68 (-0.18%)
At close: Feb 27, 2026, 4:00 PM EST
386.25
-0.75 (-0.19%)
After-hours: Feb 27, 2026, 7:57 PM EST
FedEx Cash Flow Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '25 Nov 30, 2025 | Aug '25 Aug 31, 2025 | May '25 May 31, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 30, 2024 | Aug '24 Aug 31, 2024 | May '24 May 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 | May '23 May 31, 2023 | Feb '23 Feb 28, 2023 | Nov '22 Nov 30, 2022 | Aug '22 Aug 31, 2022 | May '22 May 31, 2022 | Feb '22 Feb 28, 2022 | Nov '21 Nov 30, 2021 | Aug '21 Aug 31, 2021 | May '21 May 31, 2021 | Feb '21 Feb 28, 2021 |
Net Income | 956 | 824 | 1,648 | 909 | 741 | 794 | 1,474 | 879 | 900 | 1,078 | 1,538 | 771 | 788 | 875 | 558 | 1,112 | 1,044 | 1,112 | 1,868 | 892 |
Depreciation & Amortization | 1,068 | 1,092 | 1,057 | 1,066 | 1,063 | 1,078 | 1,104 | 1,072 | 1,040 | 1,071 | 1,075 | 1,031 | 1,046 | 1,024 | 1,018 | 986 | 995 | 971 | 975 | 956 |
Asset Writedown & Restructuring Costs | -20 | -110 | -50 | -11 | 194 | -69 | 233 | -22 | 45 | -73 | 120 | 60 | -26 | -14 | -75 | 73 | 19 | 36 | 102 | - |
Stock-Based Compensation | 43 | 56 | 38 | 32 | 36 | 48 | 33 | 34 | 40 | 56 | 40 | 34 | 40 | 68 | 39 | 39 | 43 | 69 | 39 | 40 |
Provision & Write-off of Bad Debts | 250 | 219 | 139 | 132 | 121 | 129 | 98 | 107 | 113 | 103 | 160 | 111 | 180 | 245 | 76 | 116 | 94 | 117 | 149 | 137 |
Other Operating Activities | 838 | 745 | 288 | 764 | 772 | 817 | 217 | 714 | 699 | 728 | 397 | 836 | 815 | 774 | 1,751 | 785 | 1,089 | 884 | 32 | 538 |
Change in Accounts Receivable | -979 | -336 | -1,088 | 387 | -774 | -305 | -160 | 577 | -561 | -126 | 409 | 885 | -771 | 259 | -244 | 453 | -1,245 | 726 | -202 | -87 |
Change in Accounts Payable | -154 | -571 | 938 | -1,296 | -982 | -1,105 | 158 | -1,736 | -505 | -470 | 203 | -1,540 | -521 | -1,473 | 1,031 | -1,310 | 34 | -1,616 | 8 | -178 |
Change in Other Net Operating Assets | -51 | -203 | -451 | 29 | 147 | -200 | -459 | -15 | 3 | -137 | -495 | 88 | -33 | -151 | -652 | -6 | -75 | -215 | -228 | -136 |
Operating Cash Flow | 1,951 | 1,716 | 2,519 | 2,012 | 1,318 | 1,187 | 2,698 | 1,610 | 1,774 | 2,230 | 3,447 | 2,276 | 1,518 | 1,607 | 3,502 | 2,248 | 1,998 | 2,084 | 2,743 | 2,162 |
Operating Cash Flow Growth | 48.03% | 44.57% | -6.64% | 24.97% | -25.70% | -46.77% | -21.73% | -29.26% | 16.86% | 38.77% | -1.57% | 1.25% | -24.02% | -22.89% | 27.67% | 3.98% | -22.53% | -21.39% | 50.80% | 79.57% |
Capital Expenditures | -757 | -623 | -1,473 | -997 | -818 | -767 | -1,202 | -1,379 | -1,305 | -1,290 | -1,754 | -1,278 | -1,858 | -1,284 | -2,384 | -1,236 | -1,573 | -1,570 | -1,682 | -1,376 |
Sale of Property, Plant & Equipment | 41 | 8 | 73 | 8 | 21 | 13 | 20 | 32 | 50 | 12 | 12 | 52 | 10 | 10 | 23 | 40 | 11 | 20 | 14 | 74 |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3 | -225 |
Investment in Securities | -145 | -4 | -32 | -65 | -7 | -48 | -52 | -11 | -73 | -2 | -2 | -4 | -43 | -35 | -2 | -145 | - | - | - | - |
Investing Cash Flow | -861 | -619 | -1,432 | -1,054 | -804 | -802 | -1,234 | -1,358 | -1,328 | -1,280 | -1,744 | -1,230 | -1,891 | -1,309 | -2,363 | -1,341 | -1,562 | -1,550 | -1,671 | -1,527 |
Long-Term Debt Issued | - | 997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Issued | - | 997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,242 | - |
Long-Term Debt Repaid | - | -625 | - | - | - | -34 | - | - | - | -66 | - | - | - | -29 | - | - | - | -64 | - | - |
Total Debt Repaid | -22 | -625 | -68 | -42 | -13 | -34 | -4 | -49 | -28 | -66 | -29 | -91 | -3 | -29 | -48 | -41 | -8 | -64 | -6,213 | -30 |
Net Debt Issued (Repaid) | -22 | 372 | -68 | -42 | -13 | -34 | -4 | -49 | -28 | -66 | -29 | -91 | -3 | -29 | -48 | -41 | -8 | -64 | -2,971 | -30 |
Issuance of Common Stock | 32 | 18 | 52 | 32 | 36 | 404 | 226 | 54 | 54 | 157 | 117 | 25 | 8 | 81 | 33 | 40 | 27 | 84 | 258 | 51 |
Repurchase of Common Stock | -296 | -500 | -500 | -497 | -1,020 | -1,000 | -500 | -1,000 | -500 | -500 | - | - | -1,500 | - | - | -1,500 | -199 | -549 | - | - |
Common Dividends Paid | -342 | -345 | -331 | -332 | -337 | -339 | -310 | -314 | -317 | -318 | -289 | -290 | -299 | -299 | -195 | -198 | -200 | -200 | -173 | -172 |
Other Financing Activities | -4 | -5 | - | -24 | -6 | - | -4 | -7 | - | - | - | - | 1 | - | -1 | - | 1 | -1 | -25 | -1 |
Financing Cash Flow | -632 | -460 | -847 | -863 | -1,340 | -969 | -592 | -1,316 | -791 | -727 | -201 | -356 | -1,793 | -247 | -211 | -1,699 | -379 | -730 | -2,911 | -152 |
Foreign Exchange Rate Adjustments | -54 | 27 | 127 | 11 | -88 | 26 | -15 | -21 | 19 | -24 | -19 | 37 | -38 | -98 | -96 | 24 | -77 | -38 | 70 | 34 |
Net Cash Flow | 404 | 664 | 367 | 106 | -914 | -558 | 857 | -1,085 | -326 | 199 | 1,483 | 727 | -2,204 | -47 | 832 | -768 | -20 | -234 | -1,769 | 517 |
Free Cash Flow | 1,194 | 1,093 | 1,046 | 1,015 | 500 | 420 | 1,496 | 231 | 469 | 940 | 1,693 | 998 | -340 | 323 | 1,118 | 1,012 | 425 | 514 | 1,061 | 786 |
Free Cash Flow Growth | 138.80% | 160.24% | -30.08% | 339.39% | 6.61% | -55.32% | -11.64% | -76.85% | - | 191.02% | 51.43% | -1.38% | - | -37.16% | 5.37% | 28.75% | -63.89% | -58.11% | 61.74% | - |
Free Cash Flow Margin | 5.09% | 4.91% | 4.71% | 4.58% | 2.28% | 1.95% | 6.77% | 1.06% | 2.12% | 4.34% | 7.72% | 4.50% | -1.49% | 1.39% | 4.58% | 4.28% | 1.81% | 2.34% | 4.70% | 3.65% |
Free Cash Flow Per Share | 5.06 | 4.59 | 4.39 | 4.19 | 2.05 | 1.70 | 6.03 | 0.92 | 1.85 | 3.70 | 6.67 | 3.94 | -1.33 | 1.23 | 4.28 | 3.82 | 1.59 | 1.90 | 3.92 | 2.91 |
Cash Interest Paid | 223 | 195 | 232 | 206 | 218 | 158 | 206 | 181 | 190 | 167 | 197 | 164 | 179 | 154 | 199 | 166 | 180 | 150 | 226 | 216 |
Cash Income Tax Paid | 1,068 | 85 | 53 | 294 | 840 | 63 | 265 | 407 | 768 | -7 | 320 | 133 | 487 | 103 | - | 151 | 221 | 76 | 427 | 388 |
Levered Free Cash Flow | 1,168 | 1,636 | 754.5 | 1,083 | 930.75 | 725.13 | 1,372 | 464.25 | 475.13 | 426.25 | 1,947 | 1,121 | -632.75 | 669.5 | -575.88 | 1,311 | 17.38 | 436.63 | 1,146 | 1,228 |
Unlevered Free Cash Flow | 1,252 | 1,710 | 1,059 | 1,156 | 994.5 | 777.63 | 1,663 | 521.13 | 535.75 | 483.13 | 2,136 | 1,197 | -553.38 | 758.25 | -444 | 1,413 | 114.25 | 536.63 | 1,295 | 1,345 |
Change in Working Capital | -1,184 | -1,110 | -601 | -880 | -1,609 | -1,610 | -461 | -1,174 | -1,063 | -733 | 117 | -567 | -1,325 | -1,365 | 135 | -863 | -1,286 | -1,105 | -422 | -401 |
Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.