FedEx Corporation Financial Flexibility Index
FedEx Corporation financial flexibility index. FedEx Corporation (FDX) has a Financial Flexibility Index of 0.05x as of February 2026. Free cash flow of $2.95 Billion (operating CF $1.99 Billion minus capex $955.00 Million) represents 0% of total liabilities ($64.93 Billion). Explore FedEx Corporation capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of FedEx Corporation (1990–2025)
Financial flexibility index of FedEx Corporation from 1990 to 2025. Historical Financial Flexibility Index trend for FedEx Corporation across 36 annual periods. Check FDX cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
FedEx Corporation Financial Flexibility Index by Year (1990–2025)
FedEx Corporation financial flexibility index by year from 1990 to 2025. Year-by-year free cash flow to debt coverage for FedEx Corporation. For the full cash flow conversion analysis, see FDX cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | $11.09 Billion | $7.04 Billion | $59.55 Billion | ▼ -17.9% |
| 2024 | 0.23x | $13.49 Billion | $8.31 Billion | $59.42 Billion | ▼ -7.5% |
| 2023 | 0.25x | $14.99 Billion | $8.81 Billion | $61.05 Billion | ▼ -9.7% |
| 2022 | 0.27x | $16.59 Billion | $9.83 Billion | $61.05 Billion | ▼ -0.6% |
| 2021 | 0.27x | $16.02 Billion | $10.13 Billion | $58.61 Billion | ▲ +37.7% |
| 2020 | 0.20x | $10.96 Billion | $5.10 Billion | $55.24 Billion | ▼ -34.5% |
| 2019 | 0.30x | $11.10 Billion | $5.61 Billion | $36.65 Billion | ▼ -3.5% |
| 2018 | 0.31x | $10.34 Billion | $4.67 Billion | $32.91 Billion | ▲ +1.5% |
| 2017 | 0.31x | $10.05 Billion | $4.93 Billion | $32.48 Billion | ▼ -5.1% |
| 2016 | 0.33x | $10.53 Billion | $5.71 Billion | $32.28 Billion | ▼ -25.9% |
| 2015 | 0.44x | $9.71 Billion | $5.37 Billion | $22.08 Billion | ▲ +0.4% |
| 2014 | 0.44x | $7.80 Billion | $4.26 Billion | $17.79 Billion | ▼ -12.1% |
| 2013 | 0.50x | $8.06 Billion | $4.69 Billion | $16.17 Billion | ▼ -14.4% |
| 2012 | 0.58x | $8.84 Billion | $4.83 Billion | $15.18 Billion | ▼ -5.2% |
| 2011 | 0.61x | $7.47 Billion | $4.04 Billion | $12.16 Billion | ▲ +14.5% |
| 2010 | 0.54x | $5.95 Billion | $3.14 Billion | $11.09 Billion | ▲ +9.4% |
| 2009 | 0.49x | $5.21 Billion | $2.75 Billion | $10.62 Billion | ▼ -15.2% |
| 2008 | 0.58x | $6.43 Billion | $3.48 Billion | $11.11 Billion | ▲ +1.9% |
| 2007 | 0.57x | $6.45 Billion | $3.56 Billion | $11.34 Billion | ▲ +2.5% |
| 2006 | 0.55x | $6.19 Billion | $3.68 Billion | $11.18 Billion | ▲ +12.0% |
| 2005 | 0.49x | $5.35 Billion | $3.12 Billion | $10.82 Billion | ▲ +28.0% |
| 2004 | 0.39x | $4.29 Billion | $3.02 Billion | $11.10 Billion | ▼ -7.4% |
| 2003 | 0.42x | $3.38 Billion | $1.87 Billion | $8.10 Billion | ▼ -21.0% |
| 2002 | 0.53x | $3.84 Billion | $2.23 Billion | $7.27 Billion | ▼ -0.1% |
| 2001 | 0.53x | $3.94 Billion | $2.04 Billion | $7.44 Billion | ▲ +9.7% |
| 2000 | 0.48x | $3.25 Billion | $1.63 Billion | $6.74 Billion | ▼ -18.5% |
| 1999 | 0.59x | $3.54 Billion | $1.77 Billion | $5.98 Billion | ▼ -5.5% |
| 1998 | 0.63x | $3.59 Billion | $1.71 Billion | $5.72 Billion | ▲ +40.1% |
| 1997 | 0.45x | $2.48 Billion | $1.01 Billion | $5.54 Billion | ▼ -21.9% |
| 1996 | 0.57x | $2.36 Billion | $946.60 Million | $4.12 Billion | ▲ +14.6% |
| 1995 | 0.50x | $2.09 Billion | $1.03 Billion | $4.19 Billion | ▲ +9.5% |
| 1994 | 0.46x | $1.85 Billion | $767.30 Million | $4.07 Billion | ▲ +7.5% |
| 1993 | 0.42x | $1.75 Billion | $725.10 Million | $4.12 Billion | ▲ +14.7% |
| 1992 | 0.37x | $1.44 Billion | $520.80 Million | $3.88 Billion | ▼ -18.4% |
| 1991 | 0.45x | $1.82 Billion | $787.40 Million | $4.00 Billion | ▲ +8.6% |
| 1990 | 0.42x | $1.68 Billion | $516.30 Million | $4.03 Billion | — |