FedEx Corporation Cash Flow-to-Debt Ratio
FedEx Corporation cash flow-to-debt ratio. FedEx Corporation (FDX) has a Cash Flow-to-Debt Ratio of 0.03x as of February 2026, meaning its operating cash flow of $1.99 Billion could theoretically repay 0% of its total liabilities ($64.93 Billion) in one year. Check FedEx Corporation total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of FedEx Corporation (1990–2025)
Cash flow-to-debt ratio of FedEx Corporation from 1990 to 2025. Historical debt coverage capacity for FedEx Corporation across 36 annual periods. Check FedEx Corporation (FDX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
FedEx Corporation Cash Flow-to-Debt Ratio by Year (1990–2025)
FedEx Corporation cash flow-to-debt ratio by year from 1990 to 2025. Year-by-year debt coverage analysis for FedEx Corporation. For the full cash flow conversion analysis, see FDX cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $7.04 Billion | $59.55 Billion | ▼ -15.5% |
| 2024 | 0.14x | $8.31 Billion | $59.42 Billion | ▼ -3.1% |
| 2023 | 0.14x | $8.81 Billion | $61.05 Billion | ▼ -10.3% |
| 2022 | 0.16x | $9.83 Billion | $61.05 Billion | ▼ -6.9% |
| 2021 | 0.17x | $10.13 Billion | $58.61 Billion | ▲ +87.4% |
| 2020 | 0.09x | $5.10 Billion | $55.24 Billion | ▼ -39.8% |
| 2019 | 0.15x | $5.61 Billion | $36.65 Billion | ▲ +7.9% |
| 2018 | 0.14x | $4.67 Billion | $32.91 Billion | ▼ -6.4% |
| 2017 | 0.15x | $4.93 Billion | $32.48 Billion | ▼ -14.2% |
| 2016 | 0.18x | $5.71 Billion | $32.28 Billion | ▼ -27.3% |
| 2015 | 0.24x | $5.37 Billion | $22.08 Billion | ▲ +1.4% |
| 2014 | 0.24x | $4.26 Billion | $17.79 Billion | ▼ -17.3% |
| 2013 | 0.29x | $4.69 Billion | $16.17 Billion | ▼ -9.0% |
| 2012 | 0.32x | $4.83 Billion | $15.18 Billion | ▼ -4.1% |
| 2011 | 0.33x | $4.04 Billion | $12.16 Billion | ▲ +17.4% |
| 2010 | 0.28x | $3.14 Billion | $11.09 Billion | ▲ +9.1% |
| 2009 | 0.26x | $2.75 Billion | $10.62 Billion | ▼ -17.3% |
| 2008 | 0.31x | $3.48 Billion | $11.11 Billion | ▼ -0.1% |
| 2007 | 0.31x | $3.56 Billion | $11.34 Billion | ▼ -4.5% |
| 2006 | 0.33x | $3.68 Billion | $11.18 Billion | ▲ +14.1% |
| 2005 | 0.29x | $3.12 Billion | $10.82 Billion | ▲ +5.9% |
| 2004 | 0.27x | $3.02 Billion | $11.10 Billion | ▲ +17.8% |
| 2003 | 0.23x | $1.87 Billion | $8.10 Billion | ▼ -24.6% |
| 2002 | 0.31x | $2.23 Billion | $7.27 Billion | ▲ +11.6% |
| 2001 | 0.27x | $2.04 Billion | $7.44 Billion | ▲ +14.0% |
| 2000 | 0.24x | $1.63 Billion | $6.74 Billion | ▼ -18.6% |
| 1999 | 0.30x | $1.77 Billion | $5.98 Billion | ▼ -0.7% |
| 1998 | 0.30x | $1.71 Billion | $5.72 Billion | ▲ +64.0% |
| 1997 | 0.18x | $1.01 Billion | $5.54 Billion | ▼ -20.8% |
| 1996 | 0.23x | $946.60 Million | $4.12 Billion | ▼ -6.7% |
| 1995 | 0.25x | $1.03 Billion | $4.19 Billion | ▲ +30.5% |
| 1994 | 0.19x | $767.30 Million | $4.07 Billion | ▲ +7.2% |
| 1993 | 0.18x | $725.10 Million | $4.12 Billion | ▲ +31.2% |
| 1992 | 0.13x | $520.80 Million | $3.88 Billion | ▼ -31.8% |
| 1991 | 0.20x | $787.40 Million | $4.00 Billion | ▲ +53.3% |
| 1990 | 0.13x | $516.30 Million | $4.03 Billion | — |