FedEx Corporation Free Cash Flow Generation Index
FedEx Corporation free cash flow generation index. FedEx Corporation (FDX) has a Free Cash Flow Generation Index of 0.52x as of February 2026. Free cash flow of $1.04 Billion represents 1% of operating cash flow ($1.99 Billion). Check FDX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of FedEx Corporation (1990–2025)
Free cash flow generation index of FedEx Corporation from 1990 to 2025. Historical FCF Generation Index trend for FedEx Corporation across 39 annual periods. Explore how much does FedEx Corporation reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
FedEx Corporation Free Cash Flow Generation Index by Year (1990–2025)
FedEx Corporation free cash flow generation index by year from 1990 to 2025. Year-by-year Free Cash Flow Generation Index for FedEx Corporation. For the full cash flow conversion analysis, see FDX cash flow metrics.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.42x | $2.98 Billion | $7.04 Billion | $4.05 Billion | ▲ +12.3% |
| 2024 | 0.38x | $3.14 Billion | $8.31 Billion | $5.18 Billion | ▲ +25.9% |
| 2023 | 0.30x | $2.64 Billion | $8.81 Billion | $6.17 Billion | ▼ -4.0% |
| 2022 | 0.31x | $3.07 Billion | $9.83 Billion | $6.76 Billion | ▼ -25.6% |
| 2021 | 0.42x | $4.25 Billion | $10.13 Billion | $5.88 Billion | ▲ +377.3% |
| 2020 | -0.15x | $-771.00 Million | $5.10 Billion | $5.87 Billion | ▼ -790.3% |
| 2019 | 0.02x | $123.00 Million | $5.61 Billion | $5.49 Billion | ▲ +110.4% |
| 2018 | -0.21x | $-989.00 Million | $4.67 Billion | $5.66 Billion | ▼ -109.3% |
| 2017 | 2.27x | $5.59 Billion | $2.46 Billion | $3.13 Billion | ▲ +6124.8% |
| 2017 | -0.04x | $-186.00 Million | $4.93 Billion | $5.12 Billion | ▼ -101.9% |
| 2016 | 2.01x | $5.81 Billion | $2.89 Billion | $2.92 Billion | ▲ +1189.4% |
| 2016 | 0.16x | $890.00 Million | $5.71 Billion | $4.82 Billion | ▼ -93.4% |
| 2015 | 2.35x | $6.15 Billion | $2.62 Billion | $3.53 Billion | ▲ +1138.1% |
| 2015 | 0.19x | $1.02 Billion | $5.37 Billion | $4.35 Billion | ▲ +10.8% |
| 2014 | 0.17x | $731.00 Million | $4.26 Billion | $3.53 Billion | ▼ -38.8% |
| 2013 | 0.28x | $1.31 Billion | $4.69 Billion | $3.38 Billion | ▲ +63.5% |
| 2012 | 0.17x | $828.00 Million | $4.83 Billion | $4.01 Billion | ▲ +14.0% |
| 2011 | 0.15x | $607.00 Million | $4.04 Billion | $3.43 Billion | ▲ +46.4% |
| 2010 | 0.10x | $322.00 Million | $3.14 Billion | $2.82 Billion | ▼ -3.9% |
| 2009 | 0.11x | $294.00 Million | $2.75 Billion | $2.46 Billion | ▼ -30.7% |
| 2008 | 0.15x | $537.00 Million | $3.48 Billion | $2.95 Billion | ▼ -19.4% |
| 2007 | 0.19x | $681.00 Million | $3.56 Billion | $2.88 Billion | ▼ -39.3% |
| 2006 | 0.32x | $1.16 Billion | $3.68 Billion | $2.52 Billion | ▲ +11.5% |
| 2005 | 0.28x | $881.00 Million | $3.12 Billion | $2.24 Billion | ▼ -51.2% |
| 2004 | 0.58x | $1.75 Billion | $3.02 Billion | $1.27 Billion | ▲ +201.0% |
| 2003 | 0.19x | $360.00 Million | $1.87 Billion | $1.51 Billion | ▼ -30.1% |
| 2002 | 0.28x | $613.00 Million | $2.23 Billion | $1.61 Billion | ▲ +273.8% |
| 2001 | 0.07x | $150.42 Million | $2.04 Billion | $1.89 Billion | ▲ +5597.1% |
| 2000 | 0.00x | $-2.18 Million | $1.63 Billion | $1.63 Billion | ▼ -209.1% |
| 1999 | 0.00x | $2.17 Million | $1.77 Billion | $1.77 Billion | ▲ +101.2% |
| 1998 | -0.10x | $-173.80 Million | $1.71 Billion | $1.88 Billion | ▲ +77.8% |
| 1997 | -0.46x | $-463.10 Million | $1.01 Billion | $1.47 Billion | ▲ +6.5% |
| 1996 | -0.49x | $-465.60 Million | $946.60 Million | $1.41 Billion | ▼ -1584.3% |
| 1995 | -0.03x | $-30.10 Million | $1.03 Billion | $1.06 Billion | ▲ +93.0% |
| 1994 | -0.42x | $-320.40 Million | $767.30 Million | $1.09 Billion | ▼ -1.4% |
| 1993 | -0.41x | $-298.60 Million | $725.10 Million | $1.02 Billion | ▲ +45.7% |
| 1992 | -0.76x | $-395.10 Million | $520.80 Million | $915.90 Million | ▼ -148.6% |
| 1991 | -0.31x | $-240.30 Million | $787.40 Million | $1.03 Billion | ▲ +75.7% |
| 1990 | -1.25x | $-647.80 Million | $516.30 Million | $1.16 Billion | — |