FedEx Freight Balance Sheet
NYSE: FDXFConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FedEx Freight financial position
At the end of fiscal 2026, FedEx Freight reported total assets of $6.88 billion, up 37.1% from a year earlier against total liabilities of $7.38 billion. Shareholders' equity was negative at -$497.0 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $251.0 million in cash and equivalents against $4.53 billion of debt, a net debt position of $4.28 billion.
The current ratio (current assets divided by current liabilities) was 1.52, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
FedEx Freight balance sheet (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-31 | FY 20242024-05-31 |
|---|---|---|---|
| Cash & Equivalents | 251.00M | 109.00M | — |
| Receivables | 1.15B | 132.00M | — |
| Total Current Assets | 1.51B | 284.00M | — |
| Property, Plant & Equipment | 2.92B | 2.78B | — |
| Goodwill | 602.00M | 602.00M | 602.00M |
| Total Assets | 6.88B | 5.02B | — |
| Accounts Payable | 106.00M | 150.00M | — |
| Short-Term Debt | 43.00M | 7.00M | — |
| Total Current Liabilities | 993.00M | 773.00M | — |
| Long-Term Debt | 4.48B | 66.00M | — |
| Total Liabilities | 7.38B | 2.63B | — |
| Shareholders' Equity | -497.00M | 2.39B | 2.12B |
| Retained Earnings | -509.00M | 2.40B | — |
| Total Debt | 4.53B | 73.00M | — |
| Net Cash (Debt) | -4.28B | 36.00M | — |
| Shares Outstanding | 149.51M | — | — |
This table shows 3 annual periods of FedEx Freight's balance sheet, from FY 2026 back to FY 2024, across 16 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow FDXF's reporting calendar. What is a balance sheet?