FedEx Corporation (FDX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, FedEx Corporation (FDX) has a cash flow conversion efficiency ratio of 0.069x as of November 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.95 Billion) by net assets ($28.14 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FedEx Corporation - Cash Flow Conversion Efficiency Trend (1990–2025)
This chart illustrates how FedEx Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read FedEx Corporation balance sheet liabilities for a breakdown of total debt and financial obligations.
FedEx Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FedEx Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Boston Scientific Corp
NYSE:BSX
|
0.057x |
|
American Tower Corp
NYSE:AMT
|
0.136x |
|
National Australia Bank Ltd
AU:NAB
|
0.165x |
|
Grupo México S.A.B. de C.V
MX:GMEXICOB
|
0.081x |
|
Marriott International Inc
NASDAQ:MAR
|
-0.220x |
|
Midea Group Co Ltd
SHE:000333
|
0.098x |
|
Zurich Insurance Group AG
SW:ZURN
|
0.075x |
|
BYD Co Ltd Class A
SHE:002594
|
0.076x |
Annual Cash Flow Conversion Efficiency for FedEx Corporation (1990–2025)
The table below shows the annual cash flow conversion efficiency of FedEx Corporation from 1990 to 2025. For the full company profile with market capitalisation and key ratios, see FedEx Corporation (FDX) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-05-31 | $28.07 Billion | $7.04 Billion | 0.251x | -16.83% |
| 2024-05-31 | $27.58 Billion | $8.31 Billion | 0.301x | -10.93% |
| 2023-05-31 | $26.05 Billion | $8.81 Billion | 0.338x | -14.18% |
| 2022-05-31 | $24.94 Billion | $9.83 Billion | 0.394x | -5.99% |
| 2021-05-31 | $24.17 Billion | $10.13 Billion | 0.419x | +50.52% |
| 2020-05-31 | $18.30 Billion | $5.10 Billion | 0.279x | -11.86% |
| 2019-05-31 | $17.76 Billion | $5.61 Billion | 0.316x | +31.31% |
| 2018-05-31 | $19.42 Billion | $4.67 Billion | 0.241x | -21.52% |
| 2017-05-31 | $16.07 Billion | $4.93 Billion | 0.307x | -25.93% |
| 2016-05-31 | $13.78 Billion | $5.71 Billion | 0.414x | +15.70% |
| 2015-05-31 | $14.99 Billion | $5.37 Billion | 0.358x | +28.23% |
| 2014-05-31 | $15.28 Billion | $4.26 Billion | 0.279x | +3.58% |
| 2013-05-31 | $17.40 Billion | $4.69 Billion | 0.269x | -17.93% |
| 2012-05-31 | $14.73 Billion | $4.83 Billion | 0.328x | +23.65% |
| 2011-05-31 | $15.22 Billion | $4.04 Billion | 0.266x | +16.85% |
| 2010-05-31 | $13.81 Billion | $3.14 Billion | 0.227x | +12.46% |
| 2009-05-31 | $13.63 Billion | $2.75 Billion | 0.202x | -15.76% |
| 2008-05-31 | $14.53 Billion | $3.48 Billion | 0.240x | -14.81% |
| 2007-05-31 | $12.66 Billion | $3.56 Billion | 0.282x | -11.84% |
| 2006-05-31 | $11.51 Billion | $3.68 Billion | 0.319x | -1.77% |
| 2005-05-31 | $9.59 Billion | $3.12 Billion | 0.325x | -13.49% |
| 2004-05-31 | $8.04 Billion | $3.02 Billion | 0.376x | +46.39% |
| 2003-05-31 | $7.29 Billion | $1.87 Billion | 0.257x | -24.58% |
| 2002-05-31 | $6.54 Billion | $2.23 Billion | 0.340x | -1.72% |
| 2001-05-31 | $5.90 Billion | $2.04 Billion | 0.346x | +1.99% |
| 2000-05-31 | $4.79 Billion | $1.63 Billion | 0.340x | -10.62% |
| 1999-05-31 | $4.66 Billion | $1.77 Billion | 0.380x | -11.79% |
| 1998-05-31 | $3.96 Billion | $1.71 Billion | 0.431x | +49.70% |
| 1997-05-31 | $3.50 Billion | $1.01 Billion | 0.288x | -21.69% |
| 1996-05-31 | $2.58 Billion | $946.60 Million | 0.367x | -19.94% |
| 1995-05-31 | $2.25 Billion | $1.03 Billion | 0.459x | +15.13% |
| 1994-05-31 | $1.92 Billion | $767.30 Million | 0.399x | -8.11% |
| 1993-05-31 | $1.67 Billion | $725.10 Million | 0.434x | +31.59% |
| 1992-05-31 | $1.58 Billion | $520.80 Million | 0.330x | -30.14% |
| 1991-05-31 | $1.67 Billion | $787.40 Million | 0.472x | +50.74% |
| 1990-05-31 | $1.65 Billion | $516.30 Million | 0.313x | -- |
About FedEx Corporation
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. It operates through Federal Express and FedEx Freight segments. The company offers transportation services, including express, freight, less-than-truckload freight, and time-specific freight-shipping; and small-package ground delivery services. It… Read more