FedEx Corporation (FDX) — 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). Check how strategically is FedEx Corporation's equity deployed to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
FedEx Corporation Financial Flexibility Index (1990–2025)
Historical Financial Flexibility Index trend for FedEx Corporation across 36 annual periods. See working capital position of FedEx Corporation to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for FedEx Corporation (1990–2025)
Year-by-year free cash flow to debt coverage for FedEx Corporation. For the full company profile including market capitalisation, see market value of FedEx Corporation.
| 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 | — |