FedEx Corporation (FDX) — 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 FDX total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
FedEx Corporation Cash Flow-to-Debt Ratio (1990–2025)
Historical debt coverage capacity for FedEx Corporation across 36 annual periods. Also explore FDX asset base for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for FedEx Corporation (1990–2025)
Year-by-year debt coverage analysis for FedEx Corporation. For market capitalisation and broader financial context, see FDX company net worth.
| 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 | — |