FedEx Corporation (FDX) — Defensive Interval Ratio
FedEx Corporation (FDX) has a Defensive Interval Ratio of 418 days as of February 2026. Defensive assets of $19.82 Billion (cash $8.01 Billion, short-term investments $-, receivables $11.81 Billion) cover 418 days of daily cash needs of $47.36 Million/day. Check FDX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
FedEx Corporation Defensive Interval Ratio (1986–2025)
This chart shows how FedEx Corporation's Defensive Interval Ratio has evolved across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at 418 days, meaning defensive assets of $19.82 Billion can fund 418 days of operations without new revenue. Also explore FDX net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for FedEx Corporation (1986–2025)
The table below presents the year-by-year Defensive Interval Ratio for FedEx Corporation from 1986 to 2025, covering 40 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see FDX market cap overview.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 401 days | $16.94 Billion | $42.22 Million/day | $5.50 Billion | $70.00 Million | ▼ -62 days |
| 2024 | 463 days | $16.95 Billion | $36.59 Million/day | $6.50 Billion | $360.00 Million | ▼ -3 days |
| 2023 | 466 days | $17.35 Billion | $37.22 Million/day | $6.86 Billion | $302.00 Million | ▼ -14 days |
| 2022 | 480 days | $18.76 Billion | $39.11 Million/day | $6.90 Billion | $- | ▼ -678 days |
| 2021 | 1158 days | $43.32 Billion | $37.42 Million/day | $7.09 Billion | $24.17 Billion | ▲ +629 days |
| 2020 | 529 days | $14.98 Billion | $28.34 Million/day | $4.88 Billion | $- | ▲ +66 days |
| 2019 | 463 days | $11.44 Billion | $24.69 Million/day | $2.32 Billion | $- | ▲ +18 days |
| 2018 | 445 days | $11.75 Billion | $26.38 Million/day | $3.27 Billion | $0.00 | ▼ -88 days |
| 2017 | 533 days | $11.57 Billion | $21.69 Million/day | $3.97 Billion | $0.00 | ▲ +203 days |
| 2016 | 331 days | $7.25 Billion | $21.94 Million/day | $- | $0.00 | ▼ -20 days |
| 2015 | 350 days | $5.72 Billion | $16.32 Million/day | $- | $0.00 | ▼ -25 days |
| 2014 | 375 days | $5.46 Billion | $14.55 Million/day | $- | $0.00 | ▲ +55 days |
| 2013 | 320 days | $5.04 Billion | $15.75 Million/day | $- | $0.00 | ▲ +1 days |
| 2012 | 319 days | $4.70 Billion | $14.72 Million/day | $- | $0.00 | ▼ -23 days |
| 2011 | 342 days | $4.58 Billion | $13.38 Million/day | $- | $0.00 | ▲ +15 days |
| 2010 | 327 days | $4.16 Billion | $12.73 Million/day | $- | $0.00 | ▲ +54 days |
| 2009 | 274 days | $3.39 Billion | $12.39 Million/day | $- | $- | ▼ -23 days |
| 2008 | 296 days | $4.36 Billion | $14.71 Million/day | $- | $- | ▲ +31 days |
| 2007 | 265 days | $3.94 Billion | $14.87 Million/day | $- | $- | ▲ +31 days |
| 2006 | 234 days | $3.52 Billion | $14.99 Million/day | $- | $- | ▼ -20 days |
| 2005 | 254 days | $3.30 Billion | $12.97 Million/day | $- | $- | ▲ +24 days |
| 2004 | 230 days | $3.03 Billion | $13.17 Million/day | $- | $- | ▼ -58 days |
| 2003 | 288 days | $2.63 Billion | $9.14 Million/day | $- | $- | ▼ -31 days |
| 2002 | 319 days | $2.49 Billion | $7.82 Million/day | $- | $- | ▲ +37 days |
| 2001 | 281 days | $2.51 Billion | $8.90 Million/day | $- | $- | ▼ -40 days |
| 2000 | 321 days | $2.55 Billion | $7.92 Million/day | $- | $- | ▲ +39 days |
| 1999 | 282 days | $2.15 Billion | $7.63 Million/day | $- | $- | ▲ +29 days |
| 1998 | 253 days | $1.94 Billion | $7.68 Million/day | $- | $- | ▼ -24 days |
| 1997 | 277 days | $1.88 Billion | $6.77 Million/day | $- | $- | ▼ -31 days |
| 1996 | 308 days | $1.27 Billion | $4.13 Million/day | $- | $- | ▲ +58 days |
| 1995 | 250 days | $1.13 Billion | $4.52 Million/day | $- | $- | ▼ -7 days |
| 1994 | 257 days | $1.02 Billion | $3.97 Million/day | $- | $- | ▲ +24 days |
| 1993 | 232 days | $922.70 Million | $3.97 Million/day | $- | $- | ▼ -5 days |
| 1992 | 237 days | $899.80 Million | $3.79 Million/day | $- | $- | ▲ +11 days |
| 1991 | 226 days | $924.80 Million | $4.09 Million/day | $- | $- | ▼ -68 days |
| 1990 | 294 days | $997.80 Million | $3.40 Million/day | $- | $- | ▲ +36 days |
| 1989 | 257 days | $767.30 Million | $2.98 Million/day | $- | $- | ▼ -56 days |
| 1988 | 314 days | $491.30 Million | $1.57 Million/day | $- | $- | ▲ +24 days |
| 1987 | 289 days | $399.30 Million | $1.38 Million/day | $- | $- | ▼ -4 days |
| 1986 | 293 days | $347.00 Million | $1.18 Million/day | $- | $- | — |