FedEx Corporation (FDX) — Capital Reinvestment Ratio
FedEx Corporation (FDX) has a Capital Reinvestment Ratio of 0.48x as of February 2026, meaning it reinvests 0% of its operating cash flow ($1.99 Billion) in capital expenditures ($955.00 Million). See FDX equity financing ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
FedEx Corporation Capital Reinvestment Ratio (1990–2025)
This chart tracks FedEx Corporation's Capital Reinvestment Ratio across 39 annual periods. Check how aggressively does FedEx Corporation reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for FedEx Corporation (1990–2025)
Year-by-year Capital Reinvestment Ratio for FedEx Corporation from 1990 to 2025. For live market cap and broader valuation context, see FedEx Corporation market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.58x | $7.04 Billion | $4.05 Billion | ▼ -7.5% |
| 2024 | 0.62x | $8.31 Billion | $5.18 Billion | ▼ -11.1% |
| 2023 | 0.70x | $8.81 Billion | $6.17 Billion | ▲ +1.8% |
| 2022 | 0.69x | $9.83 Billion | $6.76 Billion | ▲ +18.5% |
| 2021 | 0.58x | $10.13 Billion | $5.88 Billion | ▼ -49.6% |
| 2020 | 1.15x | $5.10 Billion | $5.87 Billion | ▲ +17.7% |
| 2019 | 0.98x | $5.61 Billion | $5.49 Billion | ▼ -19.3% |
| 2018 | 1.21x | $4.67 Billion | $5.66 Billion | ▼ -4.8% |
| 2017 | 1.27x | $2.46 Billion | $3.13 Billion | ▲ +22.7% |
| 2017 | 1.04x | $4.93 Billion | $5.12 Billion | ▲ +2.7% |
| 2016 | 1.01x | $2.89 Billion | $2.92 Billion | ▲ +19.7% |
| 2016 | 0.84x | $5.71 Billion | $4.82 Billion | ▼ -37.5% |
| 2015 | 1.35x | $2.62 Billion | $3.53 Billion | ▲ +66.8% |
| 2015 | 0.81x | $5.37 Billion | $4.35 Billion | ▼ -2.2% |
| 2014 | 0.83x | $4.26 Billion | $3.53 Billion | ▲ +15.1% |
| 2013 | 0.72x | $4.69 Billion | $3.38 Billion | ▼ -13.1% |
| 2012 | 0.83x | $4.83 Billion | $4.01 Billion | ▼ -2.5% |
| 2011 | 0.85x | $4.04 Billion | $3.43 Billion | ▼ -5.3% |
| 2010 | 0.90x | $3.14 Billion | $2.82 Billion | ▲ +0.5% |
| 2009 | 0.89x | $2.75 Billion | $2.46 Billion | ▲ +5.6% |
| 2008 | 0.85x | $3.48 Billion | $2.95 Billion | ▲ +4.6% |
| 2007 | 0.81x | $3.56 Billion | $2.88 Billion | ▲ +18.1% |
| 2006 | 0.68x | $3.68 Billion | $2.52 Billion | ▼ -4.5% |
| 2005 | 0.72x | $3.12 Billion | $2.24 Billion | ▲ +70.4% |
| 2004 | 0.42x | $3.02 Billion | $1.27 Billion | ▼ -47.9% |
| 2003 | 0.81x | $1.87 Billion | $1.51 Billion | ▲ +11.4% |
| 2002 | 0.72x | $2.23 Billion | $1.61 Billion | ▼ -21.8% |
| 2001 | 0.93x | $2.04 Billion | $1.89 Billion | ▼ -7.5% |
| 2000 | 1.00x | $1.63 Billion | $1.63 Billion | ▲ +0.3% |
| 1999 | 1.00x | $1.77 Billion | $1.77 Billion | ▼ -9.4% |
| 1998 | 1.10x | $1.71 Billion | $1.88 Billion | ▼ -24.5% |
| 1997 | 1.46x | $1.01 Billion | $1.47 Billion | ▼ -2.2% |
| 1996 | 1.49x | $946.60 Million | $1.41 Billion | ▲ +45.0% |
| 1995 | 1.03x | $1.03 Billion | $1.06 Billion | ▼ -27.4% |
| 1994 | 1.42x | $767.30 Million | $1.09 Billion | ▲ +0.4% |
| 1993 | 1.41x | $725.10 Million | $1.02 Billion | ▼ -19.7% |
| 1992 | 1.76x | $520.80 Million | $915.90 Million | ▲ +34.7% |
| 1991 | 1.31x | $787.40 Million | $1.03 Billion | ▼ -42.1% |
| 1990 | 2.25x | $516.30 Million | $1.16 Billion | — |