FedEx Corporation (FDX)

Solvency & Capital Structure

Total Debt

$42.94B

Net Debt

$29.63B

FedEx Corporation currently has $42.94B in total debt. Net debt is $29.63B after cash offsets.

Financial Fundamentals

FDX • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-05-31	42.94	13.31	29.63	98.94	43.4%
2026-02-28	42.02	8.01	34.01	94.73	44.4%
2025-11-30	37.77	6.57	31.20	89.18	42.3%
2025-08-31	37.91	6.24	31.67	88.42	42.9%
2025-05-31	37.42	5.57	31.84	87.63	42.7%
2025-02-28	37.03	5.21	31.82	85.04	43.5%
2024-11-30	37.27	5.11	32.17	85.48	43.6%
2024-08-31	37.77	6.02	31.75	86.71	43.6%
2024-05-31	37.72	6.50	31.22	87.01	43.4%
2024-02-29	37.51	5.64	31.87	86.11	43.6%
2023-11-30	38.18	6.73	31.45	88.05	43.4%
2023-08-31	38.22	7.05	31.16	87.58	43.6%
2023-05-31	38.33	6.86	31.48	87.11	44.0%
2023-02-28	38.09	5.37	32.72	85.78	44.4%
2022-11-30	38.04	4.65	33.39	85.59	44.4%
2022-08-31	37.65	6.85	30.80	85.83	43.9%
2022-05-31	37.19	6.90	30.30	85.99	43.3%
2022-02-28	37.35	6.07	31.29	84.11	44.4%
2021-11-30	36.83	6.83	30.00	84.25	43.7%
2021-08-31	36.32	6.85	29.47	82.05	44.3%
2021-05-31	36.46	7.09	29.38	82.78	44.0%
2021-02-28	38.57	8.86	29.71	82.79	46.6%
2020-11-30	38.45	8.34	30.11	81.16	47.4%
2020-08-31	38.03	6.95	31.07	77.65	49.0%
2020-05-31	36.12	4.88	31.24	73.54	49.1%
2020-02-29	33.44	1.77	31.68	70.01	47.8%
2019-11-30	33.22	2.03	31.19	69.95	47.5%
2019-08-31	32.79	2.39	30.41	68.45	47.9%
2019-05-31	17.58	2.32	15.26	54.40	32.3%
2019-02-28	18.42	2.87	15.54	54.46	33.8%
2018-11-30	17.29	2.12	15.17	53.29	32.4%
2018-08-31	16.94	2.37	14.57	51.90	32.6%
2018-05-31	16.59	3.27	13.32	52.33	31.7%
2018-02-28	17.58	2.79	14.79	51.85	33.9%
2017-11-30	15.44	2.77	12.67	50.28	30.7%
2017-08-31	15.16	3.50	11.65	49.35	30.7%
2017-05-31	14.93	3.97	10.96	48.55	30.8%
2017-02-28	14.76	3.17	11.59	46.78	31.5%
2016-11-30	13.60	3.06	10.54	46.35	29.3%
2016-08-31	13.78	2.99	10.79	45.58	30.2%
2016-05-31	13.87	3.53	10.33	46.06	30.1%
2016-02-29	8.49	2.84	5.65	37.82	22.4%
2015-11-30	8.49	3.65	4.85	38.37	22.1%
2015-08-31	7.26	3.54	3.71	37.24	19.5%
2015-05-31	7.27	3.76	3.50	37.07	19.6%
2015-02-28	7.23	3.48	3.75	36.11	20.0%
2014-11-30	4.74	2.27	2.47	32.98	14.4%
2014-08-31	4.74	2.42	2.32	32.59	14.5%
2014-05-31	4.74	2.91	1.83	33.07	14.3%
2014-02-28	4.74	3.04	1.69	32.73	14.5%
2013-11-30	2.99	3.94	-0.94Net Cash	33.54	8.9%
2013-08-31	2.99	5.10	-2.10Net Cash	33.67	8.9%
2013-05-31	2.99	4.92	-1.93Net Cash	33.57	8.9%
2013-02-28	2.24	3.37	-1.13Net Cash	31.83	7.0%
2012-11-30	2.24	2.52	-0.28Net Cash	31.31	7.2%
2012-08-31	2.36	2.74	-0.38Net Cash	30.69	7.7%
2012-05-31	1.67	2.84	-1.18Net Cash	29.90	5.6%
2012-02-29	1.67	2.04	-0.37Net Cash	28.75	5.8%
2011-11-30	1.68	1.90	-0.22Net Cash	28.45	5.9%
2011-08-31	1.67	1.96	-0.29Net Cash	27.84	6.0%
2011-05-31	1.69	2.33	-0.64Net Cash	27.39	6.2%
2011-02-28	1.69	1.36	0.33	26.20	6.4%
2010-11-30	1.92	1.88	0.04	26.09	7.4%
2010-08-31	1.92	1.71	0.21	25.21	7.6%
2010-05-31	1.93	1.95	-0.02Net Cash	24.90	7.8%
2010-02-28	1.95	1.55	0.40	24.88	7.8%
2009-11-30	1.96	1.47	0.49	24.59	8.0%
2009-08-31	2.08	1.79	0.29	23.86	8.7%
2009-05-31	2.58	2.29	0.29	24.24	10.7%
2009-02-28	3.01	2.67	0.33	27.01	11.1%
2008-11-30	2.01	1.54	0.47	26.38	7.6%
2008-08-31	2.01	1.57	0.43	26.14	7.7%
2008-05-31	2.01	1.54	0.47	25.63	7.8%
2008-02-29	2.02	1.01	1.01	24.60	8.2%
2007-11-30	2.13	0.83	1.30	24.35	8.8%
2007-08-31	2.14	1.11	1.03	23.91	9.0%
2007-05-31	2.65	1.57	1.08	24.00	11.0%
2007-02-28	3.26	1.77	1.49	24.97	13.1%
2006-11-30	3.21	1.85	1.36	24.71	13.0%
2006-08-31	3.22	2.69	0.53	23.88	13.5%
2006-05-31	2.44	1.94	0.51	22.69	10.8%
2006-02-28	2.45	1.12	1.33	21.54	11.4%
2005-11-30	2.70	0.79	1.91	21.21	12.7%
2005-08-31	2.70	1.05	1.65	20.59	13.1%
2005-05-31	2.80	1.04	1.76	20.40	13.7%
2005-02-28	3.41	1.08	2.33	20.38	16.8%
2004-11-30	3.52	0.94	2.58	20.04	17.5%
2004-08-31	3.57	1.39	2.19	19.38	18.4%
2004-05-31	3.59	1.05	2.54	19.13	18.7%
2004-02-29	3.94	0.47	3.46	18.35	21.5%
2003-11-30	2.23	1.03	1.20	16.21	13.7%
2003-08-31	2.10	0.71	1.39	15.46	13.5%
2003-05-31	2.02	0.54	1.48	15.38	13.1%
2003-02-28	2.01	0.19	1.82	14.85	13.5%
2002-11-30	1.81	0.52	1.29	14.48	12.5%
2002-08-31	1.90	0.23	1.67	14.00	13.6%
2002-05-31	1.81	0.33	1.48	13.81	13.1%
2002-02-28	2.10	0.22	1.88	13.70	15.3%
2001-11-30	2.10	0.25	1.85	13.69	15.3%
2001-08-31	2.25	0.11	2.15	13.48	16.7%
2001-05-31	2.12	0.12	2.00	13.34	15.9%
2001-02-28	2.70	0.14	2.56	13.52	20.0%
2000-11-30	2.25	0.65	1.60	12.49	18.0%
2000-08-31	1.92	0.18	1.74	11.76	16.3%
2000-05-31	1.78	0.07	1.71	11.53	15.5%
2000-02-29	2.11	0.13	1.98	11.52	18.3%
1999-11-30	2.06	0.52	1.54	11.54	17.8%
1999-08-31	1.36	0.38	0.98	10.80	12.6%
1999-05-31	1.37	0.33	1.05	10.65	12.9%
1999-02-28	1.58	0.14	1.44	10.20	15.5%
1998-11-30	1.90	0.66	1.23	10.55	18.0%
1998-08-31	1.64	0.20	1.44	9.85	16.6%
1998-05-31	1.64	0.23	1.41	9.69	17.0%
1998-02-28	1.77	0.14	1.63	9.35	19.0%
1997-11-30	1.56	0.19	1.37	8.13	19.2%
1997-08-31	1.59	0.21	1.38	8.02	19.8%
1997-05-31	1.95	0.16	1.79	9.04	21.6%
1997-02-28	1.55	0.10	1.45	7.36	21.1%
1996-11-30	1.34	0.11	1.23	7.08	18.9%
1996-08-31	1.33	0.15	1.17	6.83	19.4%