FedEx Corporation (FDX) — Cash Flow Reinvestment Rate

Latest as of February 2026: 0.48x

FedEx Corporation (FDX) has a Cash Flow Reinvestment Rate of 0.48x as of February 2026, reinvesting $955.00 Million (capex $955.00 Million ) from operating cash flow of $1.99 Billion. Explore FedEx Corporation (FDX) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.48x
(Capex + Investments) / Operating CF

Total Reinvested

$955.00 Million
Capex + Investments

Operating Cash Flow

$1.99 Billion
USD

Capital Expenditures

$955.00 Million
USD

FedEx Corporation Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for FedEx Corporation across 39 annual periods. Also explore FDX total asset value for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for FedEx Corporation (1990–2025)

Year-by-year capital reinvestment analysis for FedEx Corporation. For live market cap and broader valuation context, see FDX stock market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.16x $8.15 Billion $7.04 Billion $4.05 Billion ▼ -7.2%
2024 1.25x $10.38 Billion $8.31 Billion $5.18 Billion ▼ -10.9%
2023 1.40x $12.35 Billion $8.81 Billion $6.17 Billion ▲ +99.3%
2022 0.70x $6.91 Billion $9.83 Billion $6.76 Billion ▼ -40.1%
2021 1.17x $11.89 Billion $10.13 Billion $5.88 Billion ▼ -48.9%
2020 2.30x $11.71 Billion $5.10 Billion $5.87 Billion ▲ +17.7%
2019 1.95x $10.96 Billion $5.61 Billion $5.49 Billion ▼ -19.5%
2018 2.43x $11.34 Billion $4.67 Billion $5.66 Billion ▲ +90.6%
2017 1.27x $3.13 Billion $2.46 Billion $3.13 Billion ▼ -37.8%
2017 2.05x $10.10 Billion $4.93 Billion $5.12 Billion ▲ +102.6%
2016 1.01x $2.92 Billion $2.89 Billion $2.92 Billion ▼ -59.5%
2016 2.50x $14.26 Billion $5.71 Billion $4.82 Billion ▲ +78.1%
2015 1.40x $3.67 Billion $2.62 Billion $3.53 Billion ▲ +73.2%
2015 0.81x $4.35 Billion $5.37 Billion $4.35 Billion ▼ -2.2%
2014 0.83x $3.53 Billion $4.26 Billion $3.53 Billion ▲ +15.1%
2013 0.72x $3.38 Billion $4.69 Billion $3.38 Billion ▼ -13.1%
2012 0.83x $4.01 Billion $4.83 Billion $4.01 Billion ▼ -2.5%
2011 0.85x $3.43 Billion $4.04 Billion $3.43 Billion ▼ -5.3%
2010 0.90x $2.82 Billion $3.14 Billion $2.82 Billion ▲ +0.5%
2009 0.89x $2.46 Billion $2.75 Billion $2.46 Billion ▲ +5.6%
2008 0.85x $2.95 Billion $3.48 Billion $2.95 Billion ▲ +4.6%
2007 0.81x $2.88 Billion $3.56 Billion $2.88 Billion ▲ +18.1%
2006 0.68x $2.52 Billion $3.68 Billion $2.52 Billion ▼ -4.5%
2005 0.72x $2.24 Billion $3.12 Billion $2.24 Billion ▲ +70.4%
2004 0.42x $1.27 Billion $3.02 Billion $1.27 Billion ▼ -47.9%
2003 0.81x $1.51 Billion $1.87 Billion $1.51 Billion ▲ +11.4%
2002 0.72x $1.61 Billion $2.23 Billion $1.61 Billion ▼ -21.8%
2001 0.93x $1.89 Billion $2.04 Billion $1.89 Billion ▼ -7.5%
2000 1.00x $1.63 Billion $1.63 Billion $1.63 Billion ▲ +0.3%
1999 1.00x $1.77 Billion $1.77 Billion $1.77 Billion ▼ -9.4%
1998 1.10x $1.88 Billion $1.71 Billion $1.88 Billion ▼ -24.5%
1997 1.46x $1.47 Billion $1.01 Billion $1.47 Billion ▼ -2.2%
1996 1.49x $1.41 Billion $946.60 Million $1.41 Billion ▲ +45.0%
1995 1.03x $1.06 Billion $1.03 Billion $1.06 Billion ▼ -27.4%
1994 1.42x $1.09 Billion $767.30 Million $1.09 Billion ▲ +0.4%
1993 1.41x $1.02 Billion $725.10 Million $1.02 Billion ▼ -19.7%
1992 1.76x $915.90 Million $520.80 Million $915.90 Million ▲ +34.7%
1991 1.31x $1.03 Billion $787.40 Million $1.03 Billion ▼ -42.1%
1990 2.25x $1.16 Billion $516.30 Million $1.16 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow