FedEx Balance Sheet
NYSE: FDXConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FedEx financial position
At the end of fiscal 2026, FedEx reported total assets of $98.94 billion, up 12.9% from a year earlier against total liabilities of $67.29 billion. Shareholders' equity stood at $31.65 billion, or 32.0% of assets. The company held $13.31 billion in cash and equivalents against $25.71 billion of debt, a net debt position of $12.40 billion.
The current ratio (current assets divided by current liabilities) was 1.48, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.81.
Summary generated from market data by MetaCap's automated system. Methodology
FedEx balance sheet (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 | FY 20232023-05-31 | FY 20222022-05-31 | FY 20212021-05-31 | FY 20202020-05-31 | FY 20192019-05-31 | FY 20182018-05-31 | FY 20172017-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.31B | 5.50B | 6.50B | 6.86B | 6.90B | 7.09B | 4.88B | 2.32B | 3.27B | 3.97B |
| Receivables | 12.67B | 11.37B | 10.09B | 10.19B | 11.86B | 12.07B | 10.10B | 9.12B | 8.48B | 7.60B |
| Total Current Assets | 27.90B | 18.39B | 18.21B | 18.61B | 20.36B | 20.58B | 16.38B | 13.09B | 13.34B | 12.63B |
| Property, Plant & Equipment | 42.04B | 41.64B | 41.49B | 40.70B | 38.09B | 35.75B | 33.61B | 30.43B | 28.15B | 25.98B |
| Goodwill | 6.73B | 6.60B | 6.42B | 6.43B | 6.54B | 6.99B | 6.37B | 6.88B | 6.97B | 7.15B |
| Intangible Assets | 153.00M | 205.00M | 181.00M | 234.00M | 301.00M | 322.00M | 322.00M | 416.00M | 480.00M | 529.00M |
| Total Assets | 98.94B | 87.63B | 87.01B | 87.14B | 85.99B | 82.78B | 73.54B | 54.40B | 52.33B | 48.55B |
| Accounts Payable | 4.33B | 3.69B | 3.19B | 3.85B | 4.03B | 3.84B | 3.27B | 3.03B | 2.98B | 2.75B |
| Short-Term Debt | 2.42B | 1.43B | 68.00M | 126.00M | 82.00M | 146.00M | 51.00M | 964.00M | 1.34B | 22.00M |
| Total Current Liabilities | 18.91B | 15.41B | 13.36B | 13.59B | 14.27B | 13.66B | 10.34B | 9.01B | 9.63B | 7.92B |
| Long-Term Debt | 23.29B | 19.15B | 20.14B | 20.45B | 20.18B | 20.73B | 21.95B | 16.62B | 15.24B | 14.91B |
| Total Liabilities | 67.29B | 59.55B | 59.42B | 61.05B | 61.05B | 58.61B | 55.24B | 36.65B | 32.91B | 32.48B |
| Shareholders' Equity | 31.65B | 28.07B | 27.58B | 26.09B | 24.94B | 24.17B | 18.30B | 17.76B | 19.42B | 16.07B |
| Retained Earnings | 44.46B | 41.40B | 38.65B | 35.26B | 32.78B | 29.82B | 25.22B | 24.65B | 24.82B | 20.83B |
| Total Debt | 25.71B | 20.58B | 20.20B | 20.58B | 20.26B | 20.88B | 22.00B | 17.58B | 16.59B | 14.93B |
| Net Cash (Debt) | -12.40B | -15.08B | -13.70B | -13.72B | -13.37B | -13.79B | -17.12B | -15.26B | -13.32B | -10.96B |
This table shows 10 annual periods of FedEx's balance sheet, from FY 2026 back to FY 2017, across 16 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow FDX's reporting calendar. What is a balance sheet?