FedEx Corporation (FDX) — Cash Flow Reinvestment Rate
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. Check FedEx Corporation (FDX) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
FedEx Corporation Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for FedEx Corporation across 39 annual periods. Explore FedEx Corporation cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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 market cap of FedEx Corporation.
| 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 | — |