FedEx Corporation (FDX) — Financial Flexibility Index

Latest as of February 2026: 0.05x

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). Also explore FedEx Corporation equity growth rate to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

$2.95 Billion
Operating CF − Capex

Total Liabilities

$64.93 Billion
USD

Capital Expenditures

$955.00 Million
USD

FedEx Corporation Financial Flexibility Index (1990–2025)

Historical Financial Flexibility Index trend for FedEx Corporation across 36 annual periods. Check FedEx Corporation PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 FDX stock market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities