FedEx Cash Flow Statement

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	Feb '26 Feb 28, 2026	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
Net Income	4,484	4,092	4,331	3,972	3,826	5,231
Depreciation & Amortization	4,329	4,264	4,287	4,176	3,970	3,793
Stock-Based Compensation	174	154	163	182	190	200
Other Adjustments	3,787	3,226	2,962	3,658	4,965	2,783
Change in Receivables	-2,178	-1,780	-270	782	-310	-1,389
Changes in Other Operating Activities	-1,542	-2,920	-3,161	-3,922	-2,809	-483
Operating Cash Flow	8,179	7,036	8,312	8,848	9,832	10,135
Operating Cash Flow Growth	13.36%	-15.35%	-6.06%	-10.01%	-2.99%	98.84%
Capital Expenditures	-3,808	-4,055	-5,176	-6,174	-6,763	-5,884
Sale of Property, Plant & Equipment	146	115	114	84	94	102
Purchases of Investments	-492	-262	-176	-84	-147	-
Proceeds from Sale of Investments	287	110	38	-	-	-
Payments for Business Acquisitions	-	-	-	-	-	-228
Investing Cash Flow	-3,867	-4,092	-5,200	-6,174	-6,816	-6,010
Long-Term Debt Issued	4,689	-	-	-	-	4,212
Long-Term Debt Repaid	-782	-157	-147	-152	-161	-6,318
Net Long-Term Debt Issued (Repaid)	3,907	-157	-147	-152	-161	-2,106
Issuance of Common Stock	826	524	491	231	184	740
Repurchase of Common Stock	-1,296	-3,017	-2,500	-1,500	-2,248	-
Net Common Stock Issued (Repurchased)	-470	-2,493	-2,009	-1,269	-2,064	740
Common Dividends Paid	-1,359	-1,339	-1,259	-1,177	-793	-686
Other Financing Activities	-49	-30	-11	1	-1	-38
Financing Cash Flow	2,029	-4,019	-3,426	-2,597	-3,019	-2,090
Effect of Exchange Rate Changes on Cash and Cash Equivalents	212	76	-41	-118	-187	171
Net Cash Flow	6,553	-999	-355	-41	-190	2,206
Free Cash Flow	4,371	2,981	3,136	2,674	3,069	4,251
Free Cash Flow Growth	46.63%	-4.94%	17.28%	-12.87%	-27.81%	-
FCF Margin	4.75%	3.39%	3.58%	2.97%	3.28%	5.06%
Free Cash Flow Per Share	18.38	12.27	12.49	10.45	11.54	15.86
Levered Free Cash Flow	7,370	1,224	134	-2,100	-1,937	551
Unlevered Free Cash Flow	3,308	1,213	75.43	-2,282	-721.82	2,017

SEC Filings: 10-K · 10-Q